IND Renewable Energy Limited to raise up to Rs. 26 crores through rights issue

The Board of Directors of IND Renewable Energy Limited (Formerly Known as Vakharia Power infrastructure Limited) at their meeting held today i.e. June 14, 2023 have, in principle, considered and approved the proposal to raise the fund up to Rs. 26,00,00,000 by way of Right issue. The terms of the issue will be decided by the board later.

Shares of IND Renewable Energy Ltd was last trading in BSE at Rs. 14.62 as compared to the previous close of Rs. 14.46. The total number of shares traded during the day was 124572 in over 300 trades.

The stock hit an intraday high of Rs. 15.18 and intraday low of 13.74. The net turnover during the day was Rs. 1879727.00.

Source : Equity Bulls

Keywords

INDRenewableEnergy INE138O01029 FundRaising RightsIssue