Indian Renewable Energy Development Agency Limited — Board Meeting, 10-06-2025: Outcome of Board Meeting

Indian Renewable Energy Development Agency Limited has announced a board meeting that approved closing its QIP after raising funds through 12.15 crore equity shares issued to QIBs at ₹165.14 each, at a 5% discount. The capital raised will bolster the company’s financial strength to accelerate its renewable energy projects. The board also finalized allocation notes and adopted the placement document for the issue.