Inox Wind Energy raises Rs 900 crore through stake sale to trim debt
Inox Wind Energy has raised Rs 900 crore through equity share sale of Inox Wind Ltd, a subsidiary of the INOXGFL Group. It is a significant step towards completely deleveraging external debt in Inox Wind Ltd, according to a regulatory filing.
![Inox Wind Energy raises Rs 900 crore through stake sale to trim debt](https://cdn.zeebiz.com/sites/default/files/2024/05/29/296384-wind-energy-73421771280-1.jpg?im=FitAndFill=(1200,900))
Inox Wind is India's leading wind energy solutions provider, while Inox Wind Energy Ltd (IWEL) is one of the promoters of Inox Wind Ltd. Image: Pixabay