Quarterly Result26 May 2026, 07:12 pm
Indowind Energy Board Approves FY26 Audited Results
AI Summary
Indowind Energy Ltd's board approved the audited financial results (standalone & consolidated) for the quarter and year ended March 31, 2026. The company will invest in a UK-based wholly-owned subsidiary to facilitate fund-raising through overseas securities. The board meeting, held on May 26, 2026, also reviewed the acquisition of Nova Future Power Ltd for One Pound, aiming for completion within 3 months, pending RBI approval.
Key Highlights
- Audited financial results for FY26 approved by the board.
- Wholly-owned subsidiary to be established in the UK for overseas fundraising.
- Acquisition of Nova Future Power Ltd approved for One Pound.
- Financial results will be published in English and Tamil newspapers.
- Outstanding qualified borrowings increased from ₹1.01 Cr to ₹9.51 Cr during the year.
Price Impact
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