Indian Renewable Energy Development Agency Limited — Important, 29-05-2026: Updates

Company adopted new RBI capital norms, increasing CRAR to 20.59% (1.83% boost) by reducing RWA by 7,787.77 Cr. Raised ₹2,006 Cr via QIP & ₹3,212 Cr through ECBs. Two frauds totaling ₹14.80 Cr reported. Initiated insolvency for Gensol group, downgrading ₹729 Cr loans to NPA. Long-term issuer rating upgraded.