Wind turbine maker Suzlon Energy is planning to mop up around Rs 5,000 crore through allotting equity shares, GDRs (Global Depository Receipts), ADRs (American Depository Receipts), FCCBs (Foreign Currency Convertible Bonds) or NCDs (Non Convertible Debentures) with warrants or such other securities.
The company will use the proceeds to meet the company’s financial requirements and improve the financial leveraging strength of the company.
Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market.
The company will use the proceeds to meet the company’s financial requirements and improve the financial leveraging strength of the company.
Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market.
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