Indowind Energy has received an approval to raise capital of Rs 30 crore by way of issue of QIP for Rs 20 crore and issue of warrants to the promoters under preferential issue for Rs 10 crore. This step has been taken in order to meet the expansion and repowering requirements of the company. The board of directors at its meeting held on January 05, 2018 has given approval for the same.
Indowind Energy is engaged in the business of generation and distribution of power through windmill. The company’s segments include Power Generation, Project Sale and Others.
