Suzlon Energy shares gained on Wednesday after the company has received approval of the corporate debt restructuring empowered group for the restructuring proposal. It has also received approval of the Reserve Bank of India, subject to specified conditions.

The restructuring proposal, including the terms of the restructured bonds, is subject to the approval by the requisite majority of the holders of the existing bonds in each series.

Shares of the company are trading at Rs 30.30, down Rs 2.35, or 7.20% at the Bombay Stock Exchange (BSE) on Wednesday at 9:33 a.m.

The scrip has touched an intra-day high of Rs 30.95 and low of Rs 29.75. The total volume of shares traded at the BSE is 3,899,185.