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.