The company invested Rs 1,000 crore in forging and foundry company.
Suzlon Energy is reportedly planning to sell its forging and foundry company.
The company invested Rs 1,000 crore in forging and foundry company.
"We are in the process of divesting stake in our forging company, SE Forge. If and when we get good valuation, we will exit as forging and foundry are not our core business," Suzlon Chairman Tulsi Tanti reported.
The company is focused on profitably rationalising all aspects of our overall business and plans to sell, which comprise 3-4 manufacturing units, senior company executive reported.
No comments:
Post a Comment