Inox’s EPC Subsidiary Resco to Raise ₹3.5 Billion via Sale of Shares
The funds will be utilized to scale up the company's business offerings
September 2, 2024
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Inox Wind (IWL) has announced that the board of its subsidiary Resco Global Wind Services (Resco Global), an engineering, procurement, and construction (EPC) solutions provider, has approved a proposal to raise ₹3.5 billion (~$41.7 million by selling a single-digit equity stake to marquee investors.