bullish

Suzlon Energy

Suzlon Energy QIP - Well Flagged Deal and Will Allay Any near Term Debt Concerns

555 Views10 Aug 2023 11:20
Suzlon Energy (SUEL IN) is looking to raise INR20bn (US$240m) from its QIP, with proceeds used to pay down debt. With the proceeds from this deal, the firm should enter into net cash territory.
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