Archive · 24 Jul 2025
Inox Wind Announces Rights Issue of Equity Shares
Inox Wind, a company, is offering more shares to its current shareholders.
This is called a rights issue.
They plan to sell over 104 million new shares.
Each share costs Rs.
120.
If you already own shares, you can buy new ones in a specific ratio: 5 new shares for every 78 you currently own.
The date to determine who can buy these new shares is July 29, 2025.
The stock price started up but then corrected, likely due to general market trends.
Inox Wind announced a rights issue of equity shares.
The company plans to issue up to 104,110,712 equity shares.
The rights issue price is set at Rs. 120 per share.
Eligible shareholders will receive 5 shares for every 78 held.
The record date for the rights issue is July 29, 2025.
- Who
- Inox Wind is offering the rights issue to its eligible shareholders.
- What
- Inox Wind announced a rights issue of equity shares.
- When
- Announced on July 23, 2025. Record date is July 29, 2025.
- Where
- National Stock Exchange of India and BSE (Bombay Stock Exchange).
- Why
- The article does not explicitly state the reason for the rights issue.
- Rights Issue Announcement
- July 23, 2025
- Total Shares Offered
- Up to 104,110,712
- Face Value
- Rs. 10 per share
- Rights Issue Price
- Rs. 120 per share
- Ratio
- 5 shares for every 78 held
- Record Date
- July 29, 2025
- Total Amount
- Rs. 1,249.33 Crores