Archive · 24 Jul 2025
Inox Wind Announces Rights Issue to Strengthen Capital
Imagine Inox Wind wants to raise money.
They're offering existing shareholders a chance to buy new shares at a discount, like a special deal.
For every 78 shares you own, you can buy 5 more at Rs 120 each.
This helps the company get money to grow.
Shareholders can choose to buy the shares, sell their right to buy them, or do nothing.
If they do nothing, they miss out on the deal.
This is to strengthen their capital and support the future growth of Inox Wind.
Inox Wind announced a rights issue to raise approximately Rs 1,249.33 crore.
The issue price is set at Rs 120 per share, a 27% discount compared to the previous day's closing price.
Eligible shareholders are offered five new shares for every 78 shares they own.
The rights issue aims to strengthen the company's capital structure and support future growth.
Shareholders have several options, including applying for shares, renouncing them, or selling entitlements.
- Who
- Inox Wind is offering the rights issue to its existing shareholders.
- What
- Inox Wind is issuing new shares through a rights issue.
- When
- The record date is Tuesday, July 29, 2025.
- Where
- Not explicitly mentioned in the article.
- Why
- To strengthen its capital structure and support future growth initiatives.
Shareholders with Entitlements
Inox Wind
Shareholder Choice
Shareholders with Entitlements
Can buy additional shares at a discount to increase holdings or sell entitlements on the market.
Inox Wind
May choose to do nothing, letting the rights lapse.
- Issue Amount
- Rs 1,249.33 crore
- Issue Price
- Rs 120 per share
- Discount
- 27%
- Shares Offered
- 10,41,10,712 fully paid-up equity shares
- Rights Entitlement Ratio
- 5 shares for every 78 held
- Record Date
- Tuesday, July 29, 2025