IND Renewable Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/01/2026 ,inter alia, to consider and approve As per attachment.
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IND Renewable Energy Ltd (formerly Vakharia Power Infrastructure Ltd) has informed BSE that its Board of Directors will meet on Thursday, January 29, 2026. The key agenda item is to consider and approve a proposal for raising funds of up to ₹100 crore. The intimation has been filed under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The company has not disclosed the specific mode of raising these funds (equity, debt, or other instruments). Shareholders will need to wait for the board meeting outcome for further clarity.
The ₹100 crore fund raise could lead to equity dilution if raised through shares, affecting existing shareholders' stake. Investors should watch for the board meeting outcome on January 29 to understand the nature of the instrument and its pricing, which will determine the actual impact on the stock.