Inox Wind Ltd: Monitoring Agency Report for Q3 2025 Confirms Proper Utilization of Rights Issue Proceeds

CARE Ratings Limited, the monitoring agency for Inox Wind Ltd's rights issue, has submitted a report for the quarter ended 31st December, 2025. The report confirms that the proceeds from the rights issue have been utilized as per the objects disclosed in the offer document. The unutilized amount has been parked in term deposits with scheduled commercial banks. The report also notes that there are no material deviations from the earlier monitoring agency reports and all government/statutory approvals have been obtained.