Inox Wind Energy has received an approval to issue 10.62 lakh convertible warrants at an issue price of Rs 847 per unit to raise up to Rs 90 crore. The board of directors of Inox Wind Energy at its meeting held on December 27, 2021, has approved the same.
Inox Wind Energy is to engage in the business of generation and sale of wind energy and providing related services and to make investment in the shares, debentures and other securities of Renewable Energy Business.