Inox Wind (IWL) today announced the infusion of Rs. 500 crore (before taxes and other charges) by its promoter and promoter group entities. This strategic move marks a significant milestone in IWL's journey towards financial sustainability.

The funds were raised by way of equity share sale of IWL by its promoter and promoter group entities through block deals on the stock exchanges. The funds will be utilized for the repayment of IWL's existing debt.