State-owned IREDA’s board approves  ₹5,000 crore fundraise, hikes borrowing limit for FY25 | Stock Market News

State-owned IREDA’s board approves ₹5,000 crore fundraise, hikes borrowing limit for FY25 | Stock Market News

Source: Live Mint State-owned non-banking financial company (NBFC) Indian Renewable Energy Development Agency’s (IREDA) board of directors approved the fundraising move of ₹5,000 crore through debt instruments, according to an exchange filing. According to BSE data, the company aims to borrow funds through corporate bonds of various categories from banks, other foreign investors, and international…

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IREDA share price edge higher ahead of the board meeting. Here’s why | Stock Market News

IREDA share price edge higher ahead of the board meeting. Here’s why | Stock Market News

Source: Live Mint Shares of Indian Renewable Energy Development Agency (IREDA) climbed nearly 2 percent in intra-day trading on Monday, March 17, as investors anticipated the outcome of the company’s upcoming board meeting. The board is set to discuss a proposal for the enhancement of its borrowing plan for the financial year 2024-25. “This is…

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