Corporate News 04-Dec-23
Inox Wind Energy infuses Rs 800 cr into Inox Wind
Inox Wind (IWL) announced the completion of infusion of Rs 800 crore into the company by its promoter Inox Wind Energy (IWEL). This strategic action marks another significant milestone in IWL's journey towards financial sustainability and profitability. On 31 October 2023, IWL's promoter, IWEL, completed the successful fund raise of ~ Rs. 800 crore through an equity share sale of IWL on the stock exchanges, facilitated via block deals, witnessing participation of several marquee long-only foreign and domestic investors. The funds received will be utilized to repay IWL's existing debt.
Previous News
Inox Wind receives upgrade in credit ratings for bank facilities
( Corporate News - 12-Jun-24 08:57 )
Inox Wind to hold AGM
( Corporate News - 09-Sep-23 14:44 )
Inox Wind announce fund raise of Rs 350 cr in Resco Global
( Corporate News - 02-Sep-24 09:50 )
Inox Wind to conduct board meeting
( Corporate News - 06-Nov-23 19:44 )
Inox Wind gains after CRISIL upgrades ratings with 'stable' outlook
( Hot Pursuit - 12-Jun-24 09:18 )
Inox Wind to launch 4.X MW wind turbine generator in India
( Corporate News - 06-Feb-24 16:24 )
Inox Wind Ltd leads losers in 'A' group
( Hot Pursuit - 10-Jan-24 15:00 )
Inox Wind Energy to convene EGM
( Corporate News - 22-Apr-22 17:50 )
Inox Wind gains on plan to sell stake in Inox Green Energy IPO
( Hot Pursuit - 18-Jan-22 12:14 )
Inox Wind Energy to merge with Inox Wind
( Hot Pursuit - 13-Jun-23 10:44 )
Inox Wind Energy to conduct board meeting
( Corporate News - 26-Aug-22 17:20 )
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