SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Inox Wind gets nod to raise Rs 800 crore via NCPRPS

01 Sep 2022 Evaluate

Inox Wind has received approval from its board to raise funds upto Rs 800 crore by way of issuance of 0.01% Non-Convertible Non-Cumulative Participating Redeemable Preference Shares (NCPRPS) of face value of Rs 10 each of the company, fully paid up, at par, for cash consideration, on private placement basis, in accordance with the applicable laws and subject to appropriate sanctions, permissions and approvals including shareholders’ approval and statutory and regulatory approvals, as may be required, to ‘Promoter/ Promoter Group’ entities viz. Inox Leasing and Finance, Promoter Group entity, of upto Rs 600 crores and Inox Wind Energy, Promoter Company, of upto Rs 200 crore. The funds raised through the issuance of NCPRPS shall be used inter-alia for repayment of the debt.

Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate Investors.

Inox Wind Share Price

97.81 2.35 (2.46%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1305.85
Siemens 3706.55
Apar Inds 11474.15
ABB India 7029.95
Waaree Energies 3471.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×