Breaking News

You are here » Indian-Commodity  :  Corporate  :  Suzlon Energy to raise Rs 2000 crore

16-Aug2016

Suzlon Energy to raise Rs 2000 crore

Suzlon Energy, one of the leading renewable energy companies in India, has decided to raise up to Rs 2,000 crore through issuance of securities. The board of directors of the company, at a meeting held on August 12, 2016, approved issue of securities. However in order to raise this fund, the company has also sought shareholders approval in its annual general meeting scheduled to be held on September 30, 2016.

The Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.


Related News

View all news

Bajaj Finance raises Rs 100 crore via NCDs

Bajaj Finance has raised Rs 100 crore through allotment of 1,000 Secured redeemable Non-Convertibles Debentures (NCDs) of face value of Rs 10 lakh each. The Debenture Allotment Committee of the Company......

BEL signs teaming agreement with Hughes India for Helicopter Satcom Solutions

Bharat Electronics (BEL) and Hughes India have entered into a Teaming Agreement for design, development, supply, installation, integration and commissioning of Satellite Communication solutions for helicopters......

Lupin recalls 43,860 bottles of ophthalmic solution in US

Lupin is recalling 43,860 bottles of Moxifloxacin Ophthalmic solution, used to treat bacterial conjunctivitis, in the US market. The US health regulator, United States Food and Drug Administration (USFDA)......

Top News

View all news

Syndicate Bank enters into partnership with Srei Equipment Finance

Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......

Tata Motors to supply 80 Electric buses to West Bengal Transport Corporation

Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......

BEL signs teaming agreement with Hughes India for Helicopter Satcom Solutions

Bharat Electronics (BEL) and Hughes India have entered into a Teaming Agreement for design, development, supply, installation, integration and commissioning of Satellite Communication solutions for helicopters......