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 287.22 crore in the December 2022 quarter
( Results - Announcements 11-Feb-23 07:36 )
Inox Wind to raise Rs 1,000 crore Via NCPRPS
( Hot Pursuit - 01-Jun-24 16:01 )
Inox Wind to raise Rs 500 crore via preferential shares
( Hot Pursuit - 08-Nov-23 08:48 )
Inox Wind wins order of 210 MW for its 3MW WTGs
( Corporate News - 19-Apr-24 09:09 )
Inox Wind to convene board meeting
( Corporate News - 23-May-23 16:55 )
Inox Wind Energy to hold board meeting
( Corporate News - 04-Feb-23 14:08 )
Inox Wind to conduct EGM
( Corporate News - 21-Apr-22 10:46 )
Inox GFL group raises Rs 1500 cr to reduce its debts
( Corporate News - 08-Dec-22 11:46 )
Inox Wind and Inox Green Energy Services reduce debt aggregating Rs 411 cr
( Corporate News - 30-Nov-22 10:35 )
Inox Wind reports standalone net profit of Rs 14.11 crore in the June 2018 quarter
( Results - Announcements 09-Aug-18 09:21 )
Inox Wind allots equity shares and convertible warrants on preferential basis
( Corporate News - 03-Jun-22 10:06 )
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