On July 29, 2025, Inox Wind shares are trading ex-date due to the record date for its earlier announcement for rights issue. Inox Wind announced the right issue of shares on July 17, 2025, and finalised July 29 as the record date.
Assuming full subscription, Inox Wind intends to raise up to ₹1,250 crore through rights issue, which include 10,41,10,712 fully paid-up Equity Shares of face value of ₹10 each. The rights issue price has been set at ₹120/- per Rights Equity Share (including premium of Rs. 110/- per Equity Share) payable on application. The company will allot 5 Rights Equity Shares for every 78 Equity Shares held by eligible shareholders as of the record date.
Event | Date |
Issue Opening Date | August 6, 2025 |
Last Date for On-Market Renunciation of Rights Entitlement | August 14, 2025 |
Last Date for Off-Market Renunciation of Rights Entitlement | August 19, 2025 |
Issue Closing Date* | August 20, 2025 |
Commenting on the results, Mr. Devansh Jain, Executive Director, INOXGFL Group, said, “Inox Wind continues to deliver strong results reporting its highest ever quarterly profit, a testament of the efforts of the company over the past quarters. I am also delighted to announce that the Hon’ble NCLT has approved the scheme of arrangement between Inox Wind Energy and Inox Wind, which further fortifies Inox Wind’s balance sheet.
With the strong and favourable macroeconomic environment for the Indian renewable energy sector, our Group is well positioned to capitalise on the opportunities as one of the leaders in energy transition with our presence across wind, solar, EVs, BESS and renewable power generation.”
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Mr. Kailash Tarachandani, Group CEO, Renewable Business, INOXGFL Group, said, “I am delighted to announce that through our focussed and committed approach, Inox Wind has been able to deliver another quarter of strong financial growth, concluding FY25 on a strong note. Our well diversified order book stands at a healthy 3.2 GW comprising of marquee customers including NTPC, CESC, NLC India, Continuum, Amplus, Hero Future Energies, amongst others.
Our efforts to improve our operational efficiencies and execution continues, which is reflected in the strong margins reported. We believe that with the robust outlook for the wind industry in India, demand for wind OEMs and service providers will continue to be strong going ahead.”
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Published on: Jul 29, 2025, 8:58 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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