Inox Wind Limited — QIP/Rights/Pref., 23-07-2025: Rights Issue

IWL has firmed up its Rights Issue terms. The company is raising Rs 1249.33 Cr by offering 10.41 Cr new shares at Rs 120 each. Existing shareholders can buy 5 Rights Equity Shares for every 78 shares held. The record date for eligibility is July 29, 2025. This capital raise will expand IWL's total equity shares by over 6%. Shareholders should note that opting out will dilute their stake, while participating can maintain their ownership percentage and potentially support the company's growth plans.