Suzlon Energy: Dilip Shanghvi is set to fully participate in the rights issue; what about you? Suzlon Energy: Dilip Shanghvi is set to fully participate in the rights issue; what about you? As this news broke out at the dawn of October 2, speculation was rife that its rights issue would suffer Karan Dsij / Friday, October 7, 2022 1 2590 Article rating: 4.2 The funds raised through the issue will be used for repayment or pre-payment of a portion of certain outstanding borrowings availed by the company and its subsidiaries as well as for other general corporate purposes. Read more