Page 8 - Suzlon Energy

Dilip Shanghvi staring at huge loss as Suzlon Energy heads to bankruptcy

Dilip Shanghvi, the Sun Pharma promoter has 23% in renewable power firm that has failed to get debt recast plan

Suzlon Energy appoints State Bank's nominee Rakesh Sharma as director

He has handled various assignments in retail banking, corporate credit, international banking, micro finance and agricultural banking at SBI.

Working on resolution plan, have submitted restructuring proposal: Suzlon

The company is also in discussions with the foreign currency convertible bond holders for settlement of the FCCB borrowing, the filing said.

Suzlon Energy's Sep-quarter net loss at Rs 777 cr on subdued operations

The company's total expenses were at Rs 1,551.16 crore as against Rs 1,850.28 crore in the same period of preceding fiscal.

Suzlon may escape NCLT route as lenders explore debt restructuring

The Centre's latest diktat to public sector banks (PSBs) to avoid the insolvency route would favour the company

Suzlon Energy Q1 net loss narrows to Rs 337 crore on lower expenses

The firm's total income dropped to Rs 851.09 crore, compared with Rs 1,289.94 crore a year ago

Suzlon Energy offers to repay $1.2 bn for stressed debt settlement: Report

Suzlon shares rose as much as 14% in early Mumbai trading on Friday, the biggest intraday gain in two weeks

Suzlon Energy's bondholders plan to take legal action over default

Banks unlikely to agree to a steep haircut

Turbine makers hit by regulatory issues, slow demand, Chinese imports

Foreign companies and imports from China are increasing footprint in India

Suzlon defaults on $172 mn bond payments, says working to resolve crisis

The outstanding principal amount of $172 million was part of a bond issue of $546.91 million

Suzlon pins hopes on Brookfield deal for bond payback as investors wait

Suzlon Energy Ltd., which became India's biggest convertible note defaulter when it missed payments in 2012, must repay $172 million outstanding on such securities that were issued as part of a debt

Suzlon Energy jumps as bankers meet today to resolve $1.4 billion debt

Approval for the proposal is critical for Suzlon as ratings on its long-term bank facilities were downgraded at Care Ratings to D from BB in April

Suzlon Energy stares at $172 million FCCB repayment in July

While there are concerns on the company's debt repayment schedule, the company reiterated it is progressing on its strategic initiatives

Suzlon hires Houlihan Lokey, plans to rejig Rs 1,200-crore overseas debt

The Suzlon Energy shares fell by 12 per cent on Thursday to Rs 7 a share on Thursday

Suzlon Energy stock plunges more than 24% on debt default rumours

The company's debt burden has been a concern, both with the analysts and rating agencies.

Suzlon shareholders reject proposals to raise Rs 29 bn

As many as 65.12 per cent votes were in favour of the special resolution and it was declared 'not passed' in the filing

Suzlon Energy aims to reduce 40 per cent of Rs 60 billion debt by FY18

It reported a net loss of about Rs 3.8 billion in 2017-18, after a profit of Rs 8.5 bn in FY17

Sebi fines Suzlon Rs 11 mn for violating insider trading norms

A fine of Rs 500,000 on an official, has been imposed as the company failed to disclose price sensitive information as required under the listing regulations on "more than one occasion"

Suzlon Energy reports Q3 loss of Rs 326 mn on weak operational performance

Total expenses for the same period were lower at Rs 22.80 billion, compared to Rs 30.37 billion in the same period a year back

Suzlon Energy extends fall post Q2 results; stock hits 52-week low

The stock hit a 52-week low of Rs 12.80, down 6%, extending its 12% decline in past three trading sessions.