Suzlon jumps 22% ahead of bankers' meet to resolve debt

Shares of Suzlon Energy jumped 22.4% on Thursday, the most in five months, a day before its lenders are set to consider the cash-strapped wind turbine maker's plan to sell its operations and maintenance business to reduce debt. The company has net debt of ₹9,500-crore. Suzlon reportedly plans to offer a one-time settlement to lenders using the sale proceeds.