NewsCorporate ActionsIND Renewable Energy Limited Schedules Board Meeting to Consider ₹100 Crore Fund Raising ProposalIND Renewable Energy Limited Schedules Board Meeting to Consider ₹100 Crore Fund Raising Proposal
IND Renewable Energy Limited has scheduled a board meeting for January 29, 2026, to consider and approve a fund raising proposal of up to ₹100.00 crores. The meeting complies with SEBI Regulation 29 requirements, with the announcement made to BSE Limited on January 22, 2026. The company, formerly Vakharia Power Infrastructure Limited, operates in the renewable energy sector and trades under BSE scrip code 536909.
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IND Renewable Energy Limited has announced that its Board of Directors will convene on January 29, 2026, to consider a substantial fund raising proposal. The meeting has been scheduled in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Fund Raising Proposal Details
The primary agenda for the board meeting centers on a significant financial initiative. The company will deliberate on raising funds up to ₹100.00 crores, marking a substantial capital mobilization effort for the renewable energy company.
| Meeting Parameter: | Details |
|---|---|
| Date: | January 29, 2026 |
| Primary Agenda: | Fund raising proposal consideration |
| Maximum Fund Amount: | ₹100.00 crores |
| Regulatory Compliance: | SEBI Regulation 29 |
Company Background
IND Renewable Energy Limited, formerly known as Vakharia Power Infrastructure Limited, operates in the renewable energy sector. The company is incorporated under the Companies Act with CIN L40102MH2011PLC221715 and maintains its registered office at 503, Western Edge II, Western Express Highway, Borivali East, Mumbai 400066.
Regulatory Compliance
The board meeting announcement was formally communicated to BSE Limited on January 22, 2026, through the Department of Corporate Services. The company trades on BSE under scrip code 536909. The notification ensures compliance with mandatory disclosure requirements under SEBI regulations for listed companies.
Corporate Governance
The official communication was signed by Abhay Gupta, Director of the company, bearing DIN 02294699. The digital signature was authenticated on January 22, 2026, at 16:53:59 IST. The company has also committed to uploading the updated information on its official website, ensuring transparency and accessibility for stakeholders.
The fund raising proposal represents a significant corporate development for IND Renewable Energy Limited, potentially enhancing its financial capacity for future operations and expansion initiatives in the renewable energy sector.
Historical Stock Returns for IND Renewable Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.61% | -2.99% | -8.24% | -14.97% | -21.23% | +42.56% |
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