Archive · 1 Dec 2025
Indowind Energy Launches Rights Issue
Indowind Energy, a company that makes green power from wind farms, is offering a rights issue.
This means they are selling new shares to their existing shareholders at a discount.
The issue started on December 1, 2025, and will close on December 9, 2025.
They want to raise ₹49.43 crore to build a new solar power plant and pay back some loans.
The shares are being sold at ₹15.35 each, which is cheaper than the current market price.
Only people who owned shares before November 19, 2025, can buy these new shares.
The company has been doing well financially, with a net profit of ₹7.15 crore in the first half of this financial year.
Indowind Energy's rights issue opened on December 1, 2025, and will close on December 9, 2025.
The company aims to raise ₹49.43 crore by issuing 3,22,00,434 equity shares at ₹15.35 each.
The rights issue is offered at a discount of more than 15% from the previous closing price.
Shareholders as of the record date, November 19, 2025, are eligible to participate.
The funds raised will be used to set up a 4 MW solar power plant and repay loans.
- Who
- Indowind Energy
- What
- Rights issue of shares
- When
- December 1-9, 2025
- Where
- India
- Why
- To raise ₹49.43 crore for setting up a solar power plant and repaying loans
- Issue Opening Date
- December 1, 2025
- Issue Closing Date
- December 9, 2025
- Issue Size
- ₹49.43 crore
- Issue Price
- ₹15.35 per share
- Record Date
- November 19, 2025
- Entitlement Ratio
- 1:4
- Renunciation Date
- December 4, 2025
- FY25 Total Income
- ₹35.81 crore
- FY25 Net Profit
- ₹1.26 crore
- H1FY26 Net Profit
- ₹7.15 crore