Chairman and Managing Director Pradip Kumar Das said that the Government mandated the company’s board to dilute up to 7% this ...

IREDA was the first lender to file for insolvency against Gensol and has since seen an interim resolution professional (IRP) ...

IREDA aims to raise Rs 2,500-3,000 crore via a qualified institutional placement after a successful December IPO, diluting ...

IREDA seeks to recover ₹729 crore from Gensol, facing SEBI allegations, while focusing on renewable energy financing and ...

State-owned IREDA plans to raise Rs 2,500-3,000 crore through qualified institutional placement route this fiscal as it looks ...

After a successful IPO in November 2023 Mumbai State-owned Indian Renewable Energy Development Agency ( Ireda) intends to ...

State-owned IREDA aims to raise Rs 2,500-3,000 crore through qualified institutional placement, following a successful IPO.

IREDA plans to raise ₹2,500–3,000 crore via Qualified Institutional Placement (QIP) in FY25 to fund renewable energy projects and support India’s clean energy goals.

Ireda has done 60% provisioning for Gensol in the current quarter and does not expect further provisioning for the account.

State-owned IREDA reported a sharp 36% drop in its net profit for the June quarter, even though its revenue and loan book grew. With the stock down significantly over the past year, many investors are ...

IREDA's Net profit for the quarter declined by 35.7% to ₹247 crore, compared to ₹384 crore that it had reported during the same quarter last year.

IREDA also said it had an exposure of Rs 700 crore to the crisis-hit Gensol Engineering and it has already recovered a little ...