Page 4 - Suzlon Energy

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.

India to become major wind energy hub: Suzlon Chairman Tulsi Tanti

Says it will happen on the strength of India's domestic demand

Suzlon Energy hits 52-week high on heavy volumes post Q4 results

Thus far in the calendar year 2017, the stock nearly 60% as compared to 15% rise in Sensex.

Suzlon swings back to net profit in Q3 at Rs 274 cr

The company posted a net loss of Rs 121.84 cr in the corresponding period last fiscal

Suzlon Energy revenue up 57% to Rs 2,746 crore

Consolidated net profit during Q2 FY17 was at Rs 238 crore, against loss of Rs 202 crore in Q2 FY16

Suzlon hopes to exit debt restructuring by March

The comapny had agreed with banks in January 2013 to restructure $1.4 billion of its debt under CDR

Suzlon subsidiary AE-Rotor Holding BV announces redemption of SBLC backed bonds of $590 mn

Company had availed credit facility from SBI and other lenders

Suzlon acquires five firms to execute renewable energy projects

The acquired firms will implement renewable energy projects across the country, including the recently won 70 Mw solar projects in Maharashtra