Corporate News 04-Jul-24
Promoters infuse Rs 900 cr in Inox Wind for repayment of debt
Inox Wind (IWL) announced the completion of infusion of ~ Rs. 900 crore into the company by its promoter Inox Wind Energy (IWEL). The funds were raised by IWEL on 28 May 2024, through sale of equity shares of IWL through block deals on the stock exchanges, witnessing participation of several marquee investors. The funds will be utilised by IWL to completely pare down its external term debt to achieve a net debt free status.
Previous News
Market opens at new life highs; breadth strong
( Market Commentary - Mid-Session 03-Jun-24 09:39 )
Inox Wind Energy reports consolidated net profit of Rs 10.29 crore in the June 2024 quarter
( Results - Announcements 10-Aug-24 07:32 )
Inox Wind incorporates new subsidiary to develop wind farms
( Hot Pursuit - 28-Jun-24 12:50 )
Inox Wind wins order of 210 MW for its 3MW WTGs
( Corporate News - 19-Apr-24 09:09 )
Inox Wind inks agreement with domestic & global lenders for credit limits of Rs 2,200 crore
( Hot Pursuit - 23-Sep-24 11:07 )
Inox Wind secures facilities of Rs 2,200 cr from consortium of banks
( Corporate News - 23-Sep-24 09:39 )
Inox Wind reports consolidated net profit of Rs 1.07 crore in the December 2023 quarter
( Results - Announcements 10-Feb-24 07:33 )
Inox Wind hits record high as board OKs 3:1 bonus issue
( Hot Pursuit - 25-Apr-24 15:45 )
Inox Wind gains on bagging order for 279 MW WTGs
( Hot Pursuit - 26-Dec-23 11:24 )
Inox Wind to convene EGM
( Corporate News - 11-Nov-23 10:39 )
Inox Wind wins a repeat order for 279 MW wind power project
( Corporate News - 26-Dec-23 08:57 )
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