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Chennai (Tamil Nadu) [India], January 2: Indowind Energy Limited (BSE: 532894 | INE227G01018 | NSE: INDOWIND), engaged in the generation and distribution of power through windmills, has announced key financial and operational updates focused on strengthening its balance sheet and advancing project execution.
Rights Issue Proceeds Utilised to Repay Legacy Liabilities
As part of the Objects of the Rights Issue, the Company has repaid:
- ₹1,163 lakh of loans availed from associated parties, and
- ~₹925 lakh towards outstanding LIC…
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