Indowind Energy Limited has approved a rights issue to raise Rs 49.43 crore, as announced by the company's Rights Issue Committee. This move aims to bolster the company's capital base and fund its growth initiatives.

Key Details of the Rights Issue

Impact on Share Capital

The rights issue, if fully subscribed, will lead to a significant increase in the company's outstanding equity shares:

Rights Entitlement Details

Eligible shareholders will receive rights entitlements in their demat accounts prior to the issue opening date. The Rights Entitlements will be tradable on the stock exchange under the ISIN INE227G20034.

Regulatory Compliance

The company has confirmed that the rights issue complies with the Securities and Exchange Board of India (SEBI) regulations, including the SEBI Circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020. The Rights Issue Committee has also approved the Letter of Offer, which will be filed with the National Stock Exchange of India Limited, BSE Limited, and submitted to SEBI.

This rights issue represents a significant corporate action for Indowind Energy Limited, providing existing shareholders an opportunity to increase their stake in the company at a predetermined price. Investors should carefully review the Letter of Offer for complete details before making any investment decisions.

Indowind Energy Limited has announced a Rights Issue Committee meeting scheduled for November 13, 2025. This meeting aims to finalize key aspects of the company's upcoming rights issue of equity shares, which was previously authorized by the Board of Directors on December 18, 2024.

Key Details of the Rights Issue

The Rights Issue Committee will deliberate on several important factors related to the equity share offering:

The committee is also expected to approve the Letter of Offer and other related documents during this meeting. The Draft Letter of Offer was previously approved in a committee meeting held on July 15, 2025.

Background and Regulatory Compliance

This announcement follows the company's Board of Directors meeting held on December 18, 2024, where the rights issue was initially authorized. The upcoming meeting and its decisions will be in accordance with:

• The Companies Act, 2013 and its associated rules
• Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended)
• Other applicable laws

Indowind Energy has issued this intimation in compliance with Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

The outcomes of this Rights Issue Committee meeting may have implications for Indowind Energy's capital structure and its shareholders. Investors and market watchers might closely monitor the decisions made during this meeting, particularly regarding the rights issue price and entitlement ratio.