Positive news on INOX wind returning the 800 Cr taken from GFL earlier… Snippet copied below…
“Inox Wind has a net borrowing of ₹1,492 crore as on March 31, 2022. While the company will receive ₹370 crore from the offer for sale, the promoters will pump in ₹800 crore through non-convertible redeemable preference shares. Of this, Inox Wind will repay ₹800 crore it has taken from GFL for 100 MW wind power commissioning.”
Details in the article below…
Disc: Holding long-term, from lower levels
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