Inox Wind Limited has informed the Exchange about Copy of Newspaper Publication pertaining to the basis of allotment of equity sharesunder Rights Issue of the Company
INOXWIND · price
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Inox Wind Limited has informed the stock exchanges about the newspaper publication related to the basis of allotment of its Rights Issue shares. The company's Committee of the Board of Directors, at its meeting on 21st August 2025, approved the allotment of 10,41,10,712 fully paid-up equity shares (face value Rs. 10 each) to eligible shareholders at an issue price of Rs. 120 per share (including a premium of Rs. 110). The total issue size works out to approximately Rs. 125 crore based on the letter of offer dated 23rd July 2025. The allotment advertisement was published on 25th August 2025 in Financial Express (English, multiple cities), Jansatta (Hindi), and Himachal Dastak (Hindi) in compliance with SEBI regulations.
The Rights Issue has now been formally allotted and the announcement confirms completion of this capital-raising exercise. Shareholders will see new shares credited to their demat accounts, and the company's equity base has expanded by about 10.41 crore shares. The Rs. 110 premium per share represents a significant capital infusion for the company.