ALPHA TRIBE

Indowind Energy LimitedImportant, 15-07-2025: Committee Meeting Updates

15-07-2025 | 01:21 pm

The company's Rights Issue Committee has taken a crucial step towards its capital raising plan. The committee has approved filing the Draft Letter of Offer with Stock Exchanges for a rights issue. This means the company is progressing to raise funds, up to ₹49.50 Cr, from its existing equity shareholders. Specific terms such as the issue price, rights entitlement ratio, and the record date will be finalized and announced by the committee at a later stage, providing clarity to investors.

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