Indowind Energy Limited has informed the Exchange that Rights Issue Committee at its meeting held on November 13, 2025, has approved letter of offer to issue equity shares on rights basis in the ratio of 1 : 4, i.e 1 Equity Shares for every 4 Equity Shares held. Issue Price is 15.35 per share.
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Indowind Energy Limited's Rights Issue Committee, at a meeting held on November 13, 2025, approved the letter of offer for a rights issue of equity shares. The issue ratio is 1:4, meaning 1 new equity share for every 4 shares held by existing shareholders. The issue price has been fixed at ₹15.35 per share. This is a fund-raising move where existing shareholders get the first opportunity to subscribe to new shares in proportion to their current holdings.
Shareholders will need to decide whether to invest additional capital to maintain their proportional ownership or let their stake get diluted. The rights issue will increase the company's share count, which may put short-term pressure on the stock price. The attractiveness depends on how ₹15.35 compares to the prevailing market price at the time of the issue.