Description
BSE announces listing of 10,41,10,712 new equity shares of Inox Wind Ltd issued through rights offering, effective August 25, 2025.
Summary
BSE has approved the listing of 10,41,10,712 new equity shares of Inox Wind Ltd (Scrip Code: 539083) issued through a rights offering. The shares will commence trading on August 25, 2025, and rank pari-passu with existing equity shares.
Key Points
- 10,41,10,712 new equity shares of Rs. 10/- face value each
- Issue price: Rs. 120/- per share (Rs. 10/- face value + Rs. 110/- premium)
- Rights basis issuance with allotment date of August 21, 2025
- ISIN: INE066P01011
- Distinctive numbers: 2065200599 to 2169311310
- Trading commences Monday, 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 increased share capital
- New shares carry same rights and obligations as existing equity shares
- Standard settlement and trading procedures apply
Important Dates
- Allotment Date: August 21, 2025
- Trading Commencement: August 25, 2025
Impact Assessment
The rights issue significantly increases Inox Wind’s equity base by over 104 crore shares, which will impact the stock’s liquidity and may affect price discovery. The substantial increase in share count will dilute existing shareholdings for those who did not participate in the rights offering.
Impact Justification
Significant equity listing through rights issue affects trading liquidity and market capitalization