Windpower major Suzlon Energy said on Thursday that it is exploring ways to raise funds, including private equity placement, for funding its operations and growth plans.
“The company is exploring various options to raise finance for its operations and growth plans and private equity placement is one of them,” Suzlon Energy said in a filing to the Bombay Stock Exchange (BSE).
World’s fifth largest wind turbine maker is mulling PE placement through a possible stake sale, to raise finance.
Shares of Suzlon were on a northward journey for the past four trading sessions, surging as much as 14.56 per cent since March 12, on the BSE.
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