Suzlon Energy initiates sale of its subsidiaries

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The Company has received an aggregate consideration of Rs.10.13 crore on sale of 26% of its existing stake in Heramba and the balance stake would be transferred on receiving the balance consideration of Rs.9.74 crore, which is proposed to be completed in due course.
The Company has received an aggregate consideration of Rs.5.06 crore on sale of 26% of its existing stake in Abha and the balance stake would be transferred on receiving the balance consideration of RsA.87 crore, which is proposed to be completed in due course.
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First Published: May 24 2019 | 7:33 PM IST