SUZLON.BO - Suzlon Energy Limited
| Previous close | 2.5200 |
| Open | 2.5200 |
| Bid | 2.4600 x 0 |
| Ask | 2.4900 x 0 |
| Day's range | 2.4300 - 2.5200 |
| 52-week range | 1.8000 - 8.4000 |
| Volume | 3,110,567 |
| Avg. volume | 4,196,567 |
| Market cap | 13.45B |
| Beta (5Y monthly) | 0.58 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.6520 |
| Earnings date | 08-Feb-2019 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 17-Jul-2008 |
| 1y target est | 19.00 |
- The Indian Express
Lenders to Suzlon sign ICA for stress resolution
On Tuesday, Suzlon defaulted on principal payments due on foreign currency convertible bonds worth $172 million. The company owes banks Rs 9,624 crore as on March 31, 2019.
- GoodReturns
Suzlon Energy Falls 9% On Defaulting Bond Payments Worth $172 Million
Suzlon Energy Ltd on Tuesday said that it has failed to make a payment of principal amount of $172 million in foreign currency convertible bonds (FCCBs) to its bondholders. The payment was due on 16 July. In its stock exchange filing,
- The Indian Express
Suzlon defaults on bond payments worth $172 million
In a notification to the stock exchanges, Suzlon Energy said, This is to inform you that the company has not made the payment of the principal amount of the outstanding bonds, being $172,000,000, which was due on July 16, 2019, in accordance with the terms and conditions of the bonds.
- Reuters
Suzlon defaults on bond payment, sources say it's in talks to sell stake
India's debt-laden Suzlon Energy said it defaulted on a $172 million bond payment on Tuesday, as sources aware of the matter said the wind power equipment maker was in talks with several global private equity funds to sell a majority stake. The company's creditors, led by India's biggest lenders State Bank of India, last week signed a so-called inter-creditor agreement (ICA) under which they had agreed not to take the company to a bankruptcy court. The western India-based company said it had not paid $172 million on an outstanding foreign currency convertible bond (FCCB) that was due on Tuesday.
- Free Press Journal
Vestas Wind Systems in talks to buy controlling stake in Suzlon Energy
Danish firm Vestas Wind Systems is in talks with Suzlon Energy for a controlling stake, sources privy to the development said. Vestas is keen on buying out the promoter Tulsi Tanti and investor Dilip Shanghvi and launch an open offer for its shares as part of the deal, they said.
- Financial Express
Suzlon share price rebounds after over 40% fall on firm’s clarification
Suzlon Energy share price rebounded after crashing on Tuesday after the firm issued a clarification to exchanges saying that the company is regular in servicing its debt obligations towards banks for the month of January 2019 and any rumours about the company are baseless.
