StockWatch
·
Power Generation
Investment13 Feb 2026, 06:11 pm

IND Renewable Energy Ltd. Boosts Authorised Capital, Plans Fund Raise via Preferential Issue

AI Summary

IND Renewable Energy Ltd. has announced a revision in the outcome of their Board Meeting held on 03.02.2026. The Board approved an increase in the authorized capital from Rs.19 Crore to Rs.55 Crore and has given the green light to raise funds up to Rs.100 Crore through a preferential issue. The meeting was held from 06.00 pm to 07.15 pm.

Key Highlights

  • Authorized capital increased from Rs.19 Crore to Rs.55 Crore
  • Proposal approved to raise funds up to Rs.100 Crore through preferential issue