Inox Wind ₹1,249.33 Cr Rights Issue Open Till Aug 20

Inox Wind Ltd.’s ₹ 1,249.33 crore rights issue is now open until 20 August. The company will issue 10,41,10,712 equity shares (face value ₹10) at ₹120 each (incl. ₹110 premium), with a rights entitlement ratio of 5:78. That means for every 78 shares you own as of record date (29 July 2025), you’re eligible to apply for 5 additional shares. This right issue offers a roughly 27% discount to the pre-issue market price.

Rights issue is basically when a company gives rights to its current shareholders to purchase extra news shares in proportion to their existing holdings. This helps the company raise funds while benefiting the shareholders as they can get these shares at a discounted price from the market.  
 

The record date of this rights issue was 29 July 2025. This means that if you were holding Inox Wind shares on 29th July 2025, you can apply for this rights issue. Here are other key details:

-    Issue Opened: 6 August 2025
-    Issue Closes: 20 August 2025
-    Offer Price: ₹120 (₹10 face + ₹110 premium)
-    Rights Ratio: 5 shares for every 78 held
-    Record Date: 29 July 2025
-    F&O Contract Adjustment:     Effective 29 July 2025
-    Renunciation on market: up to 14 August
-    Off-market renunciation: up to 19 August 
-    Over-Subscription Opportunity: Yes – capped at entitlement
 

The rights issue has been set at a ratio of 5:78, which means for every 78 shares you have of Inox Wind, you are eligible to apply for 5 rights entitlement (RE)

Let’s understand this with an example:

-    If you hold 780 shares of INOXWIND on record date: You get (780 ÷ 78) × 5 = 50 rights shares.
-    If you hold 15,600 shares: you can apply for (15,600 ÷ 78) × 5 = 1,000 rights shares.
 

Eligible shareholders have five options under SEBI rules: 
-    Subscribe partially
-    Subscribe fully
-    Subscribe fully + over-subscribe (up to your basic entitlement)
-    Renounce rights (sell them off fully or partially)
-    Let rights lapse (forgo them entirely)

Over-subscription is optional and subject to availability.
 

If you are an eligible Inox Wind shareholder, you will receive rights entitlements (RE) in your demat account. REs are basically temporary demat securities that represent your eligibility to apply for the rights issue.

If you are a shareholder:

-    Verify eligibility: Ensure shares are in your demat as on 29 July 2025.
-    Wait for Letter of Offer: Rights entitlements are credited as a separate ISIN in your demat account (RE).
-    Decide your action: Subscribe, over-subscribe, or renounce.
-    Submit application and payment: Pay through ASBA via your net banking before the deadline (by 20 August).
-    Monitor allotment: If fully subscribed, you'll get rights and possibly additional shares if demand exceeds supply.
-    Post-issue listing: Shares will get credited to your demat account; futures & options contracts will be adjusted effective ex-date 29 July.

Not a shareholder? 

Don’t worry, you can get your hands on the RE even if you are not a shareholder by buying them through exchange {security code: INOXWI-RE-BE (NSE)}. They will be traded on NSE or BSE just like a stock, however you should the trading in REs close 4 days before the closing of rights issue.
 

If you don’t subscribe to or renounce your rights entitlements (REs) before the issue closes, they will simply expire and become worthless.

✅ Why It Matters

Preferential access: Get shares at a 27% discount to market price.

-    Pro-rated equity: Maintains your proportional ownership.
-    Flexible options: Participate partially, fully, or opt to sell the rights.
 

If you're an Inox Wind shareholder as on 29 July 2025, you have the right—but not obligation—to buy discounted shares via the rights issue. Carefully review your entitlement, decide whether to subscribe or renounce.

Need help estimating your entitlement or filling out the form? Reach out customer support team on 0731-4217003 or customersupport@arihantcapital.com and they’ll guide you.