Suzlon Energy rights issue gets 1.8x bids - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Suzlon Energy rights issue gets 1.8x bids

The funds raised via rights issue are in multiple calls - the first call at the time of application is ₹600 crore. This will be used in the manner described in the letter of offer, including for repayment or pre-payment of a portion of certain outstanding borrowings availed of by the company and its subsidiaries.

from Stocks-Markets-Economic Times
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