Suzlon board approves issuance of NCDs worth Rs 4.4K cr under debt recast plan

NEW DELHI: Suzlon Energy NSE 0.00 %’s board on Monday approved the proposal to issue non-convertible debentures worth Rs 4,453.01 crore under its debt restructuring plan.

However, the company’s board of directors have deferred approval of financial results for June quarter till August 28, 2020.

The approval of financial results was one of the agenda listed for the meeting scheduled on Monday.

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