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Suzlon Energy eyes debt reduction of Rs 900 crore through rights issue proceeds

Suzlon Energy share price: The company will issue a total of 240 crore equity shares at Rs 5 per share as part of the rights issue worth Rs 1,200 crore; bulk of the proceeds have been earmarked for repayment or pre-payment of debt, pegged at Rs 3,200 crore as on June 30, 2022. ....

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