Inox Wind Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

INOXWIND · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.0%1-day move

₹98.00

prior close

₹97.55

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1-1.8-1.7-0.9-3.0-1.8-2.6-3.2-3.6-1.6-14.2-8.4-18.3—

Up moveDown movePending

AI summary

Inox Wind Limited has confirmed that for the quarter ended 31st March 2026, there is no deviation in the utilisation of proceeds from its Rights Issue. The company raised Rs. 1249.33 crore through a Rights Issue on 21st August 2025. Of this, Rs. 1249.25 crore has been deployed across four objectives: repayment of NCPRPS to promoter (Rs. 560 crore), prepayment of borrowings (Rs. 159 crore), investment in Inox Renewable Solutions Limited (Rs. 250 crore), and general corporate purposes (Rs. 273.64 crore). Issue expenses stood at Rs. 6.61 crore. All allocations have been fully utilized with no deviations reported, and the Audit Committee reviewed and noted the statement on 14th May 2026.

Likely market impact

The nil deviation filing is a positive indicator for shareholders, confirming that the company deployed the Rights Issue proceeds exactly as promised in the Letter of Offer without any changes to the planned use of funds.