Archive · 22 Aug 2025
Inox Wind Approves Share Allotment, Rights Issue Details
Inox Wind, a green energy company, has decided to give its current shareholders the chance to buy more shares.
The company's board approved this, which involves issuing over 104 million new shares.
Each share costs Rs.
120.
The aim is to raise about Rs 1,249 crore by selling these shares to existing shareholders.
This process, called a rights issue, lets current shareholders buy more shares, and it started on August 6, 2025, and ended on August 20.
Inox Wind's board approved the allotment of equity shares to eligible shareholders.
The allotment involves 10,41,10,712 fully paid-up equity shares.
Shares were issued at Rs. 120 each, including a premium.
The rights issue opened on August 6, 2025, and closed on August 20.
The company aimed to raise Rs 1,249.33 crore through this capital-raising program.
- Who
- Inox Wind
- What
- Inox Wind approved the allotment of equity shares.
- When
- The rights issue opened on August 6, 2025 and closed on August 20.
- Where
- N/A
- Why
- To raise capital through a rights issue.
- Company
- Inox Wind
- Share Allotment Approved
- Yes
- Total Shares Allotted
- 10,41,10,712
- Issue Price
- Rs. 120 per share
- Rights Issue Dates
- August 6 - August 20, 2025
- Target Fund Raise
- Rs 1,249.33 crore