SE Forge exits corporate debt restructuring plan

SE Forge Limited (SEFL), a subsidiary of Suzlon Group, has exited the corporate debt restructuring plan. The move follows the company’s improved performance in terms of sale revenue, for the first nine months of 2015-16. SEFL, set up in 2006, deals in castings and forgings for industries such as wind energy, power, transmission, oil and gas, aerospace and defence.