Inox Wind Limited announced a private placement of aggregate of 300,000,000 0.01% non-convertible non-cumulative participating redeemable preference shares at an issue price of INR 10 each for the gross proceeds of INR 3,000,000,000 on December 2, 2023. The transaction has been approved by the shareholders of the company. The transaction included participation from returning investor Inox Wind Energy Limited.