Description
BSE announces listing of 10.41 crore new equity shares of Inox Wind Ltd issued through rights basis, effective August 25, 2025.
Summary
BSE has announced the listing of 10,41,10,712 new equity shares of Inox Wind Ltd (Scrip Code: 539083) issued through a rights basis. The shares will commence trading on Monday, August 25, 2025, and rank pari-passu with existing equity shares.
Key Points
- 10,41,10,712 new equity shares of Rs. 10/- each issued at premium of Rs. 110/-
- Rights issue pricing at Rs. 120/- per share (face value + premium)
- ISIN: INE066P01011
- Distribution numbers: 2065200599 to 2169311310
- Allotment date: August 21, 2025
- Trading commencement: August 25, 2025
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for rights issue securities.
Compliance Requirements
- Trading members must update their systems to reflect the new securities
- Brokers should inform clients about the additional shares in circulation
- Market participants must consider the dilution impact on existing holdings
Important Dates
- Allotment Date: August 21, 2025
- Trading Commencement: August 25, 2025
- Notice Date: August 22, 2025
Impact Assessment
The rights issue significantly increases Inox Wind’s equity base by over 104 crore shares, leading to substantial dilution for existing shareholders. This capital infusion may strengthen the company’s financial position but will impact earnings per share and ownership percentages. Market participants should factor in the increased share count for valuation purposes.
Impact Justification
Significant equity dilution through rights issue affects existing shareholders and market capitalization