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"The funds raised are proposed to be strategically infused in Inox Wind Limited, which in turn is proposed to be utilized for the repayment of Inox Winds existing debt. This will result in strengthening the balance sheet, enhancing both the company's financial strength and growth prospects," the company said.
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R.L. Stine, the famous author of the Goosebumps series, gave a captivating talk at UMass about his life as a writer.
The Inox GFL Group had recently embarked on a journey towards deleveraging across all its operating entities. Towards this goal the Group has raised almost Rs. 1500 Crs across its entities in the last fortnight.