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"I regret to announce today that the bondholders' meetings did not achieve the consensus we were hoping for and the four-month extension sought by us has not been granted," Kirti Vagadia, chief financial officer of the Suzlon Group, said in a statement on Thursday.
The stocks of the company was seen trading lower 3.63% at Rs 15.95 on BSE at 10.10 am IST. It touched intra-day low of Rs 15.70.
Earlier, debt-hit Suzlon Energy, its group-subsidiary REpower Systems SE had signed a contract with Meridian Energy to supply 64 MM92 wind turbines.
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