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Inox Wind to Raise INR 1,250 Crore via Rights Issue to Boost Wind Energy Business

Inox Wind, part of the Inox GFL Group, has announced plans to raise up to INR 1,250 crore through a rights issue of equity shares. The company’s Board of Directors approved the fundraising initiative during its meeting on July 17, 2025, according to a regulatory filing. While the face value of each equity share will be INR 10, the specific terms and date of the rights issue are yet to be disclosed.

This capital infusion is expected to strengthen Inox Wind’s financial position and support its operations across its four manufacturing units located in Gujarat and Madhya Pradesh, which collectively have a production capacity of 1.5 GW. Inox Wind provides comprehensive wind energy project solutions, including wind resource assessment, land acquisition, infrastructure development, power evacuation, and complete project execution. The move aligns with India's growing push toward renewable energy and reflects Inox Wind’s ambition to expand its footprint in the wind energy sector.