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Inox Wind Launches ₹1,249 Crore Rights Issue to Cut Debt and Boost Growth – EQ

In Short : Inox Wind plans to raise ₹1,249.33 crore through a rights issue by offering 10.41 crore shares at ₹120 each, a 27% discount to market price. Shareholders will get 5 shares for every 78 held. The issue opens on August 6 and closes on August 20, with proceeds used for debt reduction, preference […]

Grasim Industries to Procure Solar Power from GMR Energy’s 10 MW Project – EQ