Subuthi Investments raises stake in Indowind Energy

Indowind Energy Ltd has now announced with reference to the earlier announcement regarding the allotment of 20 Lacs shares to M/s. Subuthi Investments Pvt. Ltd. against Share Warrants, that with this allotment the share holding of promoters and promoters group has gone up from 47.31% to 49.43% on the increased paid-up capital.

The stock was trading at Rs.53.15, down by Rs.0.05 or 0.09%. The stock hit an intraday high of Rs.54 and low of Rs.52.

The total traded quantity was 332836 compared to 2 week average of 337333.

Source : Equity Bulls

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