Suzlon Energy Limited has not made the payment of the principal amount of the outstanding Bonds, being US$ 172,000,000, which was due on 16 July 2019 in accordance with the terms and conditions of the Bonds. The Company has said that it is working on holistic solution for its debt and continues to be in discussions with various stakeholders in relation to its outstanding debt (including the Bonds).
Shares of SUZLON ENERGY LTD. was last trading in BSE at Rs.4.67 as compared to the previous close of Rs. 4.82. The total number of shares traded during the day was 1605380 in over 2028 trades.
The stock hit an intraday high of Rs. 4.74 and intraday low of 4.46. The net turnover during the day was Rs. 7414610.