Aims to ease payment of indirect tax for manufacturing units in India
Will purchase approximately 30% from Tata Motors Ltd and its subsidiary Sheba Properties Ltd, as well as the entire 13% stake held by Tata Capital
The Public issue of equity will enable IREDA to increase its equity base which will help them raise more debt resources for funding RE projects
Profit from continued operations doubled at Rs 201 crore; Board recommends a dividend of 15%