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 Energy reports consolidated net loss of Rs 73.69 crore in the March 2023 quarter
( Results - Announcements 27-May-23 07:50 )
Inox Wind surges after promoter entity infuses Rs 900 crore; firm achieve 'net debt free' status
( Hot Pursuit - 04-Jul-24 13:47 )
Inox Wind zooms on capital infusion by promoters via Rs 800-cr debt issue
( Hot Pursuit - 01-Sep-22 17:16 )
Inox Wind reports consolidated net loss of Rs 129.27 crore in the June 2022 quarter
( Results - Announcements 13-Aug-22 08:17 )
Inox Wind Energy EGM scheduled
( Corporate News - 13-Nov-23 10:41 )
Inox Green Energy Services filed DRHP with SEBI for proposed IPO
( Corporate News - 08-Feb-22 09:30 )
Sunflag Iron & Steel Company Ltd leads gainers in 'A' group
( Hot Pursuit - 04-Jul-24 12:00 )
Promoters infuse Rs 900 cr in Inox Wind for repayment of debt
( Corporate News - 04-Jul-24 09:50 )
Inox Wind Energy reports consolidated net loss of Rs 67.81 crore in the June 2022 quarter
( Results - Announcements 13-Aug-22 08:15 )
Inox Wind Ltd leads losers in 'A' group
( Hot Pursuit - 04-Mar-20 15:01 )
Inox Wind gains after board OKs raising Rs 402 cr via preferential issue
( Hot Pursuit - 20-Apr-22 13:39 )
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