On August 11, 2023, Inox Wind Limited closed the transaction. The company issued 297,500,000 0.01% Non Convertible, Non-Cumulative, Participating, Redeemable Preference Shares at an issue price of INR 2,975,000,000. The transaction has been approved by the shareholders of the company.

The shares will be matured on August 11, 2028.