Hot Pursuit     17-Oct-22
Inox Wind gains as board to mull fund raising
Inox Wind advanced 3.33% to Rs 155.35 after the company said that its board will consider raising funds on 19 October 2022.
The board of Inox Wind is scheduled to meet on 19 October 2022, to consider proposal for raising of funds through issuance of securities including but not limited to non-convertible securities under private placement basis within the overall borrowing limits of the company.

Inox Wind is a wind energy solutions provider servicing IPPs, utilities, PSUs & corporate investors. The company is a fully integrated player in the wind energy market with three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh. Its manufacturing capacity stands at 1,600 MW per annum.

The company reported a consolidated net loss of Rs 129.27 crore in the quarter ended June 2022 as against net loss of Rs 52.32 crore during the previous quarter ended June 2021. Sales rose 24.36% to Rs 210.62 crore in Q1 FY23 over Q1 FY22.

Previous News
  Inox Wind records turnaround PAT of Rs 38 cr in Q4
 ( Hot Pursuit - 06-May-24   11:34 )
  Board of Inox Wind approves fund raising up to Rs 500 cr via preference shares
 ( Corporate News - 07-Nov-23   18:26 )
  Inox Wind incorporates new subsidiary to develop wind farms
 ( Hot Pursuit - 28-Jun-24   12:50 )
  Inox Wind receives LoI for 50 MW wind project from NLC India
 ( Hot Pursuit - 09-Jan-24   08:26 )
  Volumes spurt at Concord Biotech Ltd counter
 ( Hot Pursuit - 28-May-24   14:30 )
  Inox Wind schedules board meeting
 ( Corporate News - 23-May-22   14:46 )
  Inox Wind reports standalone net loss of Rs 34.56 crore in the June 2021 quarter
 ( Results - Announcements 14-Aug-21   09:31 )
  Inox Wind reports consolidated net loss of Rs 62.13 crore in the December 2021 quarter
 ( Results - Announcements 12-Feb-22   08:29 )
  Inox Wind reports standalone net loss of Rs 50.60 crore in the September 2021 quarter
 ( Results - Announcements 14-Oct-21   17:48 )
  Inox Wind reports consolidated net profit of Rs 51.82 crore in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   17:09 )
  Inox Wind gets reaffirmation in credit ratings for bank facilities
 ( Corporate News - 31-Jul-19   20:05 )
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