Home   >>    Investment   >>    Equity

Suzlon Energy plans rights issue to raise Rs. 1800 cr

To raise Rs. 1,800 crore, Suzlon Energy Ltd (SEL) will consider a rights issue of equity shares.

25 Sep 2008

To raise Rs. 1,800 crore, Suzlon Energy Ltd (SEL) will consider a rights issue of equity shares. On Sept 27, the company's board is scheduled to meet to consider the proposal.

While the stock closed 7.17 percent down on the Bombay Stock Exchange (BSE) at Rs 182, on National Stock Exchange (NSE) it closed 7 percent down at Rs 181.80.

The company also announced a commitment of $5 billion in green energy assets over the next five years which will produce 3,500 MW of electricity to nearly 10 million people in India and China.



44.58 Lakh satisfied customers till Oct 2016
Get Loan Offers
Instant Home Loan Offers Instant Car Loan Offers Instant Personal Loan Offers
     
Instant Loan against Property Offers Instant Education Loan Offers Instant Credit Card Offers
Get Insurance Proposals
Instant Life Insurance Offers Instant Health Insurance Offers Instant Car Insurance Offers