19 Jun, 2013
The Leela Palace, Bengaluru
Thursday, January 24, 2013 - 16:48 IST
Suzlon gets approval for debt restructuring proposal of $1.8B
BY Bhawna Gupta
CVCI struck a multi-bagger in its pre-IPO investment in Suzlon in 2004 and still retains stake; IDFC PE has seen its holding value shrink 85%.
Wind turbine manufacturer Suzlon Energy Ltd has got the formal approval for its proposal to restructure domestic debt from the corporate debt restructuring (CDR) cell, according to a BSE disclosure.
A consortium of 19 banks approved the CDR...
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