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 reports consolidated net loss of Rs 117.51 crore in the March 2023 quarter
( Results - Announcements 27-May-23 07:44 )
Inox Wind to conduct EGM
( Corporate News - 25-Apr-24 14:22 )
Inox Wind reports consolidated net loss of Rs 63.92 crore in the June 2023 quarter
( Results - Announcements 31-Jul-23 07:40 )
Inox Wind Energy standalone net profit declines 72.44% in the March 2024 quarter
( Results - Announcements 04-May-24 07:29 )
Inox Wind Energy to table results
( Corporate News - 22-Jul-23 12:38 )
Inox Wind gains after board OKs raising Rs 402 cr via preferential issue
( Hot Pursuit - 20-Apr-22 13:39 )
Inox Wind to hold board meeting
( Corporate News - 25-Oct-23 11:49 )
Inox Wind commissions 50 MW wind energy project at Dayapar, Bhuj
( Corporate News - 06-Nov-23 09:09 )
Inox Wind Ltd leads losers in 'A' group
( Hot Pursuit - 16-Sep-22 15:00 )
Inox Wind to hold board meeting
( Corporate News - 15-Apr-22 10:53 )
Inox Wind reports consolidated net loss of Rs 192.17 crore in the March 2020 quarter
( Results - Announcements 29-Jun-20 08:14 )
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