{"id":541723,"date":"2022-12-08T11:23:10","date_gmt":"2022-12-08T05:53:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=541723"},"modified":"2022-12-08T11:23:10","modified_gmt":"2022-12-08T05:53:10","slug":"inox-wind-promoters-infuse-rs-623-cr-for-paring-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/inox-wind-promoters-infuse-rs-623-cr-for-paring-debt\/","title":{"rendered":"Inox Wind promoters infuse Rs 623 cr for paring debt"},"content":{"rendered":"<p>Inox Wind NSE 1.31 % on Wednesday said its promoters have infused an amount of Rs 623 crore in the company and the fund was used for repaying advances received from Gujarat Fluorochemicals Ltd NSE 0.76 % (GFL). The board had on August 30, 2022 approved raising up to Rs 800 crore by way of issuance of 0.01 per cent non-convertible non-cumulative participating redeemable preference shares on private placement basis to the promoter\/ promoter group entities. This was consequently approved in the company&#8217;s annual general meeting (AGM).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inox Wind NSE 1.31 % on Wednesday said its promoters have infused an amount of Rs 623 crore in the company and the fund was used for repaying advances received from Gujarat Fluorochemicals Ltd NSE 0.76 % (GFL). The board had on August 30, 2022 approved raising up to Rs 800 crore by way of issuance of 0.01 per cent non-convertible non-cumulative participating redeemable preference shares on private placement basis to the promoter\/ promoter group entities. This was consequently approved in the company&#8217;s annual general meeting (AGM).<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-541723","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=541723"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541723\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=541723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=541723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=541723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}