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Inox Wind Announces ₹1,250 Crore Rights Issue at ₹120 Per Share

Written by: Team Angel OneUpdated on: 24 Jul 2025, 6:37 pm IST
Inox Wind to raise ₹1,250 crore via rights issue; shareholders to receive 5 shares for every 78 held at ₹120 each.
Inox Wind Announces ₹1,250 Crore Rights Issue at ₹120 Per Share
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

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.

₹1,250 Crore Issue Cleared 

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.

Post-Issue Equity Base to Expand Significantly

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!

Inox Wind Share Price Performance

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%.

Conclusion

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 24, 2025, 1:06 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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