Description

Indowind Energy Ltd has set November 19, 2025 as the record date for rights issue offering 1 equity share for every 4 shares held at Rs 15.35 per share.

Summary

Indowind Energy Ltd (Scrip Code: 532894) has fixed the record date for its rights issue of equity shares. Trading members are informed that equity shares will trade on ex-rights basis from November 19, 2025. The rights issue offers 1 equity share of Rs 10/- face value at a premium of Rs 5.35 per share (total Rs 15.35) for every 4 equity shares held.

Key Points

  • Company: Indowind Energy Ltd (Scrip Code: 532894)
  • Rights entitlement ratio: 1 equity share for every 4 shares held
  • Face value: Rs 10/- per share
  • Premium: Rs 5.35 per share
  • Issue price: Rs 15.35 per share (face value + premium)
  • Settlement number: DR-759/2025-2026
  • Segment: Dematerialised Securities – Rolling Settlement

Regulatory Changes

No regulatory changes. This is a standard corporate action announcement following existing rights issue procedures.

Compliance Requirements

  • Trading members must execute all transactions in Indowind Energy Ltd equity shares on ex-rights basis from November 19, 2025
  • Shareholders holding shares as of the record date will be entitled to participate in the rights issue
  • Only shareholders on record as of November 19, 2025 are eligible for rights entitlement

Important Dates

  • Record Date: November 19, 2025
  • Ex-Rights Date: November 19, 2025
  • Notice Date: November 14, 2025
  • Settlement Number: DR-759/2025-2026

Impact Assessment

Shareholder Impact: Existing shareholders will have the opportunity to subscribe to additional shares proportionate to their holdings at a discounted price. Shareholders must hold shares before the ex-rights date to be eligible.

Trading Impact: From November 19, 2025, the stock will trade ex-rights, meaning new buyers after this date will not be entitled to participate in the rights issue. This typically results in stock price adjustment to reflect the rights value.

Capital Structure: The rights issue will result in equity dilution and increase in share capital, subject to shareholder subscription levels. The issue provides existing shareholders the opportunity to maintain their proportionate ownership.

Impact Justification

Standard rights issue announcement affecting existing shareholders with specific record date and entitlement ratio