MoneyWorks4Me

Inox Wind raises Rs 297.50 crore though NCPRPS

12 Aug 2023 Evaluate

Inox Wind (IWL) has raised Rs 297.50 crore though the allotment of aggregate 29,75,00,000 - 0.01% Non-Convertible, Non-Cumulative, Participating, Redeemable Preference Shares (NCPRPS) of Rs 10 each of the Company, fully paid-up, at par, on private placement basis to Inox Wind Energy, Holding and Promoter Company.  ‘IWL Committee of the Board of Directors for Operations’ of the Company in their meeting held on August 10, and August 11, 2023 has allotted the same. 

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


Peers
Company Name CMP
Waaree Energies 2335.00
Apar Industries 18197.00
Havells India 1052.95
Suzlon Energy 39.03
Siemens 3696.80
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