HomeInvestment & Trading ›Inox Wind to Raise INR 1,250 Cr via Rights Issue of Equity Shares

Inox Wind to Raise INR 1,250 Cr via Rights Issue of Equity Shares

Inox Wind, a subsidiary of the Inox GFL Group, has announced that its Board of Directors has approved raising up to INR 1,250 crore through a rights issue of equity shares.

July 18, 2025. By Mrinmoy Dey

Inox Wind, a subsidiary of the Inox GFL Group, has announced that the company’s Board of Directors has approved raising up to INR 1,250 crore through the issuance of equity shares via a rights issue.

“The Board of Directors of the Company at its meeting held on July 17, 2025, has, inter-alia, considered and approved funds raising through the issuance of equity shares of face value INR 10 each by way of rights issue for an amount not exceeding INR 1,250 crore,” the company shared in a regulatory filing.

However, the date and other terms of the rights issue has been declared yet.

Inox Wind operates four wind turbine generator manufacturing facilities across Gujarat and Madhya Pradesh, with a combined production capacity of about 1.5 GW. The company offers end-to-end infrastructure solutions for wind energy projects, covering wind resource assessment, site selection, land acquisition, infrastructure development, power evacuation setup, and complete project commissioning and stabilisation.
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