IREDA To Raise ₹2,994 Crore Via Equity Issuance To QIBs & Others, Seeks Shareholder Nod Through Postal Ballot
Published on: Feb. 12, 2026, 2:35 p.m. | Source: Free Press Journal
State-owned Indian Renewable Energy Development Agency (IREDA) will seek shareholder approval via postal ballot to raise Rs 2,994 crore by issuing equity shares to qualified institutional buyers and other investors. The move aims to strengthen its capital base for future growth and general corporate purposes, with the President of India
