Friday, August 8, 2008

Suzlon to raise Rs. 5,000 crore

Suzlon Energy will raise up to Rs. 5,000 crore through issue of equity-linked securities (FCCBs, GDRs, ADRs) in the international and domestic market.

The company has earlier raised about Rs. 2,183 crore, by issuing over 1.13 crore shares to QIBs, at a premium of Rs. 1,907 per share.

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