Inox Wind Rights Issue Opens for Subscription on Aug 6: Aims to Raise ₹1,250 Crore

On Wednesday, August 6, 2025, Inox Wind shares fell ~3%, reaching a day low of ₹146.70 at 11:40 AM, after opening at ₹151.45 on BSE. The fall in Inox Wind shares follows the launch of the company’s much-anticipated rights issue.

Inox Wind right issue opened for subscription on Aug 6. Through this fundraising programme, Inox Wind intends to raise ₹1,250 crore. The issue will remain open for a two-week period, closing on August 20.

Who is Eligible for Inox Wind Rights Issue?

Importantly, only shareholders who held shares as of the record date are eligible to participate in the rights issue. For Inox Wind, the record date was set as July 29, 2025. This means only those who owned the stock at the close of trading on that day can apply for additional shares.

Rights Issue Entitlement Ratio

Eligible investors will receive 5 rights shares for every 78 shares held as on the record date. Shareholders with holdings of less than 78 shares will receive entitlements in proportion to their holdings, subject to rounding rules.

Renunciation and Trading of Rights

• The last date for on-market renunciation (i.e., selling your rights entitlement on the stock exchange) is August 14. This gives shareholders the chance to sell their rights on the market, potentially at a premium.
• For off-market renunciation (where the rights are transferred privately between parties), the deadline is August 19. In such cases, both parties can agree on a fixed price without going through the exchange.

Also Read: Bharti Airtel Share Price in Focus Post Q1 FY26 Results; Net Profit Jumps 43% YoY, ARPU Rises to ₹250

What is a Rights Issue?

A rights issue is a method by which a company raises additional capital by offering new shares to its existing shareholders, usually at a discounted price to the prevailing market rate. This allows current shareholders an opportunity to maintain or increase their stake in the company.

In the case of Inox Wind, the rights issue has been priced at ₹120 per share, representing a 27% discount to the stock’s Tuesday closing price of ₹151.4.

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.