
New Launch13 Jun 2025, 02:39 pm
Indian Renewable Energy Development Agency Ltd Receives Listing and Trading Approval for Equity Shares
AI Summary
The Indian Renewable Energy Development Agency Ltd has announced that it has received approval for the listing and trading of 12,14,66,562 Equity Shares from both stock exchanges on 11.06.2025 and 12.06.2025 respectively. The shares were allotted to eligible qualified institutional buyers at an issue price of 165.14 per Equity Share, including a premium of 3155.14 per Equity Share. This allotment has increased the Paid-Up Equity Share capital of the company from ¥ 26,87,76,47,060/- to ¥ 28,09,23,12,680/-.
Key Highlights
- Indian Renewable Energy Development Agency Ltd receives listing and trading approval for Equity Shares
- 12,14,66,562 Equity Shares allotted to eligible qualified institutional buyers
- Issue price of Equity Shares at 165.14, including a premium of 3155.14 per Equity Share
- Paid-Up Equity Share capital of the company increased from ¥ 26,87,76,47,060/- to ¥ 28,09,23,12,680/