Shareholders of the Indian Renewable Energy Development Agency Ltd. (IREDA) have approved a proposal to raise up to ₹5,000 crore through a Qualified Institutions Placement (QIP) of equity shares. The approval was granted during the 22nd Extra-Ordinary General Meeting (EGM) held today via video conferencing. The meeting was chaired by Shri Pradip Kumar Das, Chairman and Managing Director of IREDA, and attended by members of the Board and shareholders.
About the Author
