Stock Report

IND Renewable Energy Ltd approves fund raising proposal

Posted On : 2023-03-22 17:08:04( TIMEZONE : IST )

IND Renewable Energy Ltd approves fund raising proposal

The Board of Directors of IND Renewable Energy Limited (Formerly Known as Vakharia Power infrastructure Limited) at their meeting held today i.e., March 22, 2023 have, in principle, considered and approved the proposal to raise the fund up to Rs. 15,00,00,000 by way of issue of share on preference basis / Right issue. The terms of the issue as well as mode of the issue will be decided by the board later.

Shares of IND Renewable Energy Ltd was last trading in BSE at Rs. 11.96 as compared to the previous close of Rs. 11.72. The total number of shares traded during the day was 14096 in over 75 trades.

The stock hit an intraday high of Rs. 11.98 and intraday low of 11.50. The net turnover during the day was Rs. 167866.00.

Source : Equity Bulls


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