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 […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Fuel Growth and Cut Debt – EQ
In Short : Inox Wind plans to raise ₹1,249 crore via a rights issue, offering shares at ₹120 each—a 27% discount to market price. The issue opens on August 6 and closes on August 20, with a 5:78 entitlement ratio. Funds will be used to strengthen the company’s balance sheet, repay debt, and support business […]
Suzlon Energy to Raise ₹1,200 crore via Rights Issue – EQ Mag Pro
The Securities Issue Committee of the Board, at its meeting held on Sunday, approved the rights issue, the company said in a regulatory filing. Suzlon Energy on Sunday said its board has approved raising Rs 1,200 crore via a rights issue of 240 crore shares. The Securities Issue Committee of the Board, at its meeting […]
Azure Power’s Rights Issue open for subscription – EQ Mag Pro
EBENE, Mauritius : Azure Power Global Limited (NYSE: AZRE), a leading independent sustainable energy solutions provider in India, announced today that its rights offering opened today for subscription to raise proceeds of up to $249,938,599. Pursuant to the rights offering, each shareholder of the Company will receive one non-transferable subscription right (a “Right”) for each […]
