Inox Wind Ltd announced that its promoter, Inox Wind Energy Ltd (IWEL), has injected Rs 900 crore into the company. This infusion aims to make Inox Wind a debt-free entity, enhancing its financial strength and facilitating future growth. CEO Kailash Tarachandani highlighted that this move will reduce interest expenses, thereby bolstering profitability. The funds, raised through equity sales of Inox Wind Ltd shares, involved prominent investors. The company plans to use these funds to fully retire its external term debt, excluding promoter debt, achieving a net debt-free status.