Voting Dates, Discount, Govt Dilution Explained

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New Delhi, February 12, 2026: Indian Renewable Energy Development Agency Ltd (IREDA) has initiated a postal ballot to seek shareholder approval for raising up to ₹2,994 crore through a Qualified Institutions Placement (QIP).

The fundraising proposal, approved by the Board on February 6, 2026, will be placed before shareholders as a Special Resolution through remote e-voting.

E-Voting Schedule Announced

  • Voting Starts: February 13, 2026 at 9:00 AM (IST)

  • Voting Ends: March 14, 2026 at 5:00 PM (IST)

  • Cut-off Date: February 6, 2026

The resolution, if approved, will be deemed passed on March 14, 2026.

The company has engaged MUFG Intime India Pvt Ltd to facilitate the remote e-voting process.

 



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