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Inox Wind receives Rs 500 crore raised by promoter entities through equity share sale

17 Aug 2023 Evaluate

Inox Wind (IWL) has received Rs 500 crore (before taxes and other charges) raised by its promoter and promoter group entities. The funds were raised by way of equity share sale of IWL by its promoter and promoter group entities through block deals on the stock exchanges. The funds will be utilized for the repayment of IWL’s existing debt. This strategic move marks a significant milestone in IWL's journey towards financial sustainability. 

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
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