Stock Report

Inox Wind's EPC Projects arm Resco Global completes Rs 350 crore equity raise



Posted On : 2024-09-12 13:29:51( TIMEZONE : IST )

Inox Wind's EPC Projects arm Resco Global completes Rs 350 crore equity raise

Pursuant to its board meeting held on September 2, 2024, Resco Global Wind Services Pvt. Ltd., an EPC Projects subsidiary of Inox Wind Limited, announced today that it has completed Rs 350 cr equity raise from marquee investors and issued securities in lieu of the funds raised. Key investors who participated in this equity raise included:

Valrado Venture Partners Fund II
Anchorage Capital Scheme I - (A Scheme of Anchorage Fund)
JM Financials Products Limited
Founders Collective Fund
One Up Financial Consultants Pvt. Ltd.
Authum Investments & Infrastructure Ltd.
Capri Global Holdings Private Limited.

Shares of Inox Wind Limited was last trading in BSE at Rs. 238.45 as compared to the previous close of Rs. 241.60. The total number of shares traded during the day was 1555980 in over 16496 trades.

The stock hit an intraday high of Rs. 250.45 and intraday low of 237.00. The net turnover during the day was Rs. 380563224.00.

Source : Equity Bulls

Keywords

InoxWind INE066P01011 RescoGlobalWindServices FundRaising