A wind vitality inventory gained consideration after board approval for a ₹1,249 crore rights problem of 10.41 crore shares. The corporate just lately secured a 51 MW order, strengthening its 3.2 GW order ebook and reinforcing income visibility over the subsequent few years.
The shares of the wind vitality resolution supplier gained as much as 1 p.c in right this moment’s buying and selling session after the corporate board accredited the issuance of 10.41 crore fairness shares price Rs 1,249.33 crore on a rights foundation.
With a market capitalization of Rs 26,473.27 crore, the shares of Inox Wind Ltd had been buying and selling at Rs 163.00 per share, reducing round 1.57 p.c as in comparison with the earlier closing value of Rs 165.60 apiece.
In line with the corporate submitting, Inox Wind Ltd has introduced a Rights Difficulty of 10,41,10,712 absolutely paid-up fairness shares with a face worth of ₹10 every, aggregating as much as ₹1,249.33 crore. The shares will likely be provided at ₹120 per share (together with a premium of ₹110) to eligible shareholders. The entitlement ratio is ready at 5 rights fairness shares for each 78 absolutely paid-up fairness shares held as of the file date, which is Tuesday, July 29, 2025. This transfer goals to boost capital whereas providing current shareholders a possibility to extend their stake at a reduced value.
Lately, Inox Wind has secured a 51 MW order from First Vitality Non-public Restricted, a Thermax Group firm, marking its first-ever cope with them. The venture, positioned in Tamil Nadu, consists of limited-scope EPC providers and a multi-year post-commissioning operations and upkeep (O&M) contract, strengthening Inox Wind’s venture portfolio.
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Inox Wind will provide 3 MW wind generators with a 140-meter hub top for a Tamil Nadu venture. The contract consists of limited-scope EPC providers, supervision, and multi-year O&M providers, to be executed by way of Inox Wind subsidiaries.
Inox Wind Restricted is engaged within the enterprise of producing and sale of wind turbine turbines (WTGs). It additionally offers erection, procurement, and commissioning (EPC), operations and upkeep (O&M), and customary infrastructure amenities providers for WTGS and wind farm improvement providers.
Inox Wind Ltd (IWL) is a totally built-in wind vitality participant with 2.5 GW manufacturing capability. It boasts a strong 3.2 GW order ebook and is among the many few OEMs providing turnkey and O&M options. With photo voltaic diversification, robust promoter backing, and a 5.1 GW O&M portfolio, it’s positioned for robust progress.
Inox Wind’s order ebook stands robust, providing sturdy income visibility for the subsequent 2–3 years. The portfolio consists of 1,848 MW in end-to-end turnkey initiatives and 1,355 MW in tools provide. Its diversified clientele consists of NTPC, CESC, NLC India, Hero Future Energies, and extra, reflecting broad business belief and progress potential.
Written by Abhishek Singh
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