Suzlon Energy
Publication date: 31 March 2016
Abstract
In February 2015, Suzlon had just completed its financial and asset restructuring, following financial default after rapid growth through debt financed acquisitions in the financial boom ending in 2008. The restructuring resulted in a significant decrease in the promoter's equity stake. Suzlon now has to decide how to respond to an offer by the DilipSanghvi Group, promoters of Sun Pharma, to acquire a large equity stake in Suzlon for Rs. 1,800 crore. If Suzlon were to accept the offer then both the existing promoters and the DilipSanghvigroup would have the same stake of about 22% each. The case will help students examine the need to align financing and business strategy on the same plane. It will also help them understand details about restructuring of financial and business strategy in the face of financial distress.
Keywords
Citation
Sinha, S. (2016), "Suzlon Energy", . https://doi.org/10.1108/CASE.IIMA.2020.000078
Publisher
:Indian Institute of Management Ahmedabad
Copyright © 2016 by the Indian Institute of Management, Ahmedabad