Indowind Energy’s promoter - Bala V Kutti, has bought 500,000 shares of the company in the open market on March 20, 2013 and another promoter group member - Subuthi Investments has bought 1,999,947 shares of the company in the open market on March 28, 2013.
Pursuant to this share purchase, the percentage of share holding of promoter and promoters groups of the company has increased from 33.44% to 36.22% as on March 28, 2013.
Indowind Energy is engaged in selling ready-to-buy wind farm projects to corporate as well as state governments. It has strong capabilities and expertise in areas like project management, robust managerial and financial resources and experience in the operations of wind farms.
