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Indian Renewable Energy Development Agency LimitedImportant, 29-05-2026: Updates

29-05-2026 | 11:37 pm

Company raised ₹2,005.90 Cr via QIP; board approved raising another ₹2,994 Cr. CRAR significantly increased to 20.59% due to new RBI norms, reducing RWA by ₹7,787.77 Cr. Subsidiary IGEFIL commenced operations. S&P Global upgraded rating to BBB/A-2. Two fraud cases were reported.

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