Inox Wind Limited has announced that the Board of Directors meet on Wednesday, July 23, 2025 to finalize important details regarding the rights issue. It is after the board on July 17, 2025, after the board’s approval to raise funds through the rights issue of equity shares for an amount of not more than ₹ 1,250 crore.
The upcoming board meeting will focus on setting and approving record date, issue price, rights entitlement ratio and other conditions related to rights issue in the upcoming board meeting. These decisions depend on approval from stock exchanges and other regulatory authorities.
The Rights issue aims to raise up to ₹ 1,250 crore, which will provide additional capital to the company to support its growth and strategic initiatives. The amount raised through the Rights issue will be important for the INOX WIND to strengthen its financial status and pursue its business objectives.
The announcement was made to follow the regulatory requirements and to keep the shareholders informed about the company’s fund raising activities. The company has requested stock exchanges to take information in records.
Inox Wind is part of the Inoxgfl group and is involved in providing wind energy solutions. The rights issue is a strategic move to increase the financial capabilities of the company and support its operations in the renewable energy sector.