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Inox Wind raises Rs 200 crore on private placement basis

04 Jul 2024 Evaluate

Inox Wind (IWL) has raised Rs 200 crore through the allotment of 20,00,00,000 - 0.01% Non-Convertible, Non-Cumulative, Participating, Redeemable Preference Shares of Rs 10 each of the company, fully paid-up, at par, on private placement basis to Inox Wind Energy, Promoter Company. The ‘IWL Committee of the Board of Directors for Operations' of the Company in their meeting held on July 3, 2024 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 2320.10
Apar Industries 17979.50
Havells India 1038.60
Suzlon Energy 37.58
Siemens 3600.00
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