Indowind Energy
10.95
+0.18(+1.67%)
Market Cap₹176.30 Cr
PE Ratio63.65
IndustryPower
Company Performance:
1D+1.67%
1M-31.22%
6M-37.71%
1Y-51.80%
5Y+180.05%
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More news about Indowind Energy
14Nov 25
Indowind Energy Reports Q2 Results with Auditor Qualifications on Credit Loss and Arbitration Claims
Indowind Energy Limited announced Q2 FY24 results with 11.46% YoY revenue growth to ₹1,774.33 lakhs and 3.62% PAT increase to ₹457.71 lakhs. However, auditors raised concerns about non-recognition of ₹248.13 lakhs in expected credit losses and accounting treatment of a ₹9,083.39 lakhs arbitration claim against Suzlon Group. The company approved a rights issue to raise up to ₹49.43 crore, offering 3,22,00,434 shares at ₹15.35 each in a 1:4 ratio.
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13Nov 25
Indowind Energy Rights Issue Shares Begin Trading December 22 After Exchange Approval
Indowind Energy Limited has received final trading approvals from NSE and BSE for its successful rights issue of 3.22 crore equity shares, with trading commencing December 22, 2025. The issue raised Rs 49.43 crore with 1.04 times oversubscription and will fund solar power development and debt repayment.
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11Nov 25
Indowind Energy Schedules Rights Issue Committee Meeting for November 13, 2025
Indowind Energy Limited has scheduled a Rights Issue Committee meeting for November 13, 2025, to finalize details of its upcoming rights issue of equity shares. The committee will determine the issue size (up to Rs. 4,950 lakhs), rights issue price, entitlement ratio, and record date. The meeting will also approve the Letter of Offer and related documents. This follows the Board's initial authorization of the rights issue on December 18, 2024, and complies with relevant regulatory requirements.
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26Aug 25
Indowind Energy Secures In-Principle Approval for Rs. 49.50 Crore Rights Issue
Indowind Energy Limited has received in-principle approval from BSE Limited and National Stock Exchange of India for a rights issue valued at Rs. 49.50 crores. The issue involves equity shares with a face value of Rs. 10 each, offered to eligible shareholders. The approval is subject to conditions including timely filing of listing applications, obtaining necessary approvals, and compliance with regulations. The company has 12 months from August 25, 2025, to open the subscription. The exchanges have emphasized that their approval is not an endorsement of the company's financial health.
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12Aug 25
Indowind Energy Reports Strong Q2 Results, Schedules AGM for September
Indowind Energy Limited reported significant Q2 growth with consolidated revenue at ₹1,155.15 lakhs, up from ₹736.66 lakhs year-over-year. Consolidated profit after minority interest reached ₹229.45 lakhs. Standalone revenue increased by 72% to ₹879.06 lakhs, with profit after tax at ₹156.28 lakhs. The company announced its 30th AGM for September 26 and proposed appointing two new independent directors: Mr. Baskaran B R and Mr. Sridhar. Auditors issued qualified opinions on certain financial matters, including non-recognition of expected credit loss allowance and accounting treatment of claims against Suzlon Group.
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Indowind Energy
10.95
+0.18
(+1.67%)
1 Year Returns:-51.80%
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