Inox Wind (IWL) has raised Rs 7.50 crore through the allotment of seventh tranche, 75 lakh 0.01% Non-Convertible, Non-Cumulative, Participating, Redeemable Preference Shares of Rs 10 each of the Company (NCPRPS) fully paid-up, at par, on private placement basis to Devansh Trademart LLP, an entity forming part of the Promoter Group. The IWL Committee of the Board of Directors for Operations’ of the Company in its meeting held on February 4, 2022 had allotted the same.
Inox Wind offers its clients total wind power solutions including wind resource assessment, acquiring land, developing the entire site infrastructure, building the power evacuation system, supplying the WTGs, erection and commissioning services, long term operations and maintenance services as well as post-commissioning support.
