Business Update3 Jan 2024, 10:51 pm
Indowind Energy Ltd to Consider Raising Equity Capital Up to Rs. 200 Crores
AI Summary
The board meeting of Indowind Energy Ltd will be held on January 8, 2024, to consider and approve the review of ongoing preferential issue of warrants and exploring avenue for raising equity capital up to Rs. 200 crores in one or more tranches for business expansion, including issue on Rights basis. The company will also consider any other business that the board deems fit.,
Key Highlights
- Rs. 200 crores equity capital raise
- business expansion
- preferential issue of warrants
- Rights issue