Inox Clean Energy Ltd (ICEL) has reportedly bagged a new investment commitment of ₹1,500 crore from the Motilal Oswal Group.
As per the deal ICEL has received ₹1,000 out of the ₹1,500 crore and the balance monies will be flowed into the company.
ICEL is the renewable energy arm of the INOXGFL Group
Compulsorily Convertible Debentures (CCDs) has been the mode of the path of investment. The sum of money, as per the company, will be heavily invested to fund its inorganic growth plans. This entails that instead of only channelising the monies for organic capacity addition, the m
