Inox Wind Limited has approved a major capital-raising initiative through a ₹1,250 crore rights issue. The decision was taken during the Board meeting held on 23rd July 2025, with shareholders offered fully paid-up equity shares at a price of ₹120 each. The move aims to strengthen the company’s financial structure and provide existing investors with a clear opportunity to participate in its future growth.
The rights issue will comprise 10,41,10,712 fully paid-up equity shares with a face value of ₹10 each, aggregating up to ₹1,249.33 crore assuming full subscription. The issue price has been fixed at ₹120 per share, inclusive of a ₹110 premium. Shareholders will be entitled to 5 rights shares for every 78 equity shares held as of the record date, which has been fixed for Tuesday, 29th July 2025.
The issue opens on Wednesday, 6th August and will close on Wednesday, 20th August 2025. On-market renunciation of rights will end on 14th August, while off-market renunciation will close on 19th August.
Upon full subscription, the total number of outstanding equity shares will increase from 162.41 crore to 172.82 crore. The company has also approved the Letter of Offer to proceed with the next steps of the rights issue, providing shareholders a structured route to participate in the capital infusion.
Also Read: Inox Wind Wins 51 MW Tamil Nadu Project from Thermax Group!
As of July 24, 2025, at 10:20 AM, Inox Wind share price is trading at ₹163.03 per share, reflecting a decline of 1.64%. Over the past month, the stock has declined by 6.42%.
Through this ₹1,250 crore rights issue, Inox Wind is taking a concrete step toward reinforcing its capital position. With clear timelines and a defined entitlement ratio, the issue presents shareholders with a meaningful opportunity to support and benefit from the company’s ongoing growth journey.
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Published on: Jul 24, 2025, 1:06 PM IST
Team Angel One
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