The Board of Directors of Inox Wind Limited have approved the conditions of the rights issue to raise up to ₹ 1,249.33 crore. The issue price ₹ 120 per rights equity share has been fixed, including a premium of ₹ 110 per share. The rights issue will open on August 6, 2025 and trading in the stock market will be closed on August 20, 2025.
| Details | Details |
|---|---|
| Instrument | Fully paid-up equity share |
| Face value | ₹ 10 per shares |
| Total number of rights equity shares | 10,41,10,712 |
| Rights issue size | ₹ 1249.33 Crore |
| Rights issue | ₹ 120 per rights equity share (including ₹ 110 premium) |
| Rights entitlement ratio | 5 rights equity share for each 78 equity shares |
| Record date | 29 July, 2025 |
| Issue opening date | August 6, 2025 |
| Renunns’ last date in market | August 14, 2025 |
| Last date of off market renunciation | August 19, 2025 |
| Issu closing date | August 20, 2025 |
| Equity share arrears before rights issue | 162,41,27,110 |
| Outstanding equity share after rights issue | 172,82,37,822 |
Rights Issue Details
The rights issue includes 10,41,10,712 fully paid-up equity shares with a face value of ₹ 10. The issue price is ₹ 120 per share, which includes a premium of ₹ 110 per equity share. Eligible shareholders will get 5 rights equity shares for each 78 equity shares by a record date of July 29, 2025.
Issue schedule
The rights issue will open on August 6, 2025 and trading in the stock market will be closed on August 20, 2025. The last date of the Renunciation in the Rights Antitalament market is August 14, 2025, and for off-market Renunns is August 19, 2025. The Board of Directors have the right to increase the issue period, not more than 30 days than the issue opening date.
Share capital structure
Prior to the Rights issue, the outstanding equity shares of the Inox Wind Limited are 162,41,27,110 with a face value of ₹ 10. After the rights issue, assuming a complete subscription, the outstanding equity shares will increase to 172,37,822.
other conditions
The company has made arrangements to submit rights entitlements in dematalized forms of qualified shareholders with NSDL and CDSL. The ISIN is ISIN INE066P20011 for Rights Antitalament. These entitlement issues will be deposited before the opening date. The Board of Directors have also approved the letter of offer, which will include further details on the rights issue including fractured entitlement.
Board meeting information
These conditions were approved in the board meeting, which started on 23 July 2025 at 4:00 pm and ended at 4:25 pm.