Indian Renewable Energy Development Agency has informed that the company (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ?1,247 crores at an annual coupon rate of 8.40%. In addition to above, IREDA has received a refund of ?24.48 crores on March 19, 2025, from the Income Tax Department towards partial relief granted by the Commissioner of Income Tax (Appeals) for Assessment Year (AY) 2011-12, related to certain disallowances. Refund of approximately ?195 crores is under process for similar relief provided by CIT (Appeals) for AYs 2010-11, 2012-13, 2013-14, and 2015-16 to 2018-19, which is yet to received. A copy of press release in this regard is attached.
The above information is a part of company’s filings submitted to BSE.
