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INDOWIND — Indowind Energy (chennai) News Story

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Brief: Indowind Energy Says Cleared Outstanding Dues To Exim Bank

July 19 (Reuters) - Indowind Energy Ltd  INWI.NS :
    * CLEARANCE OF OUTSTANDING DUES TO EXIM BANK
    * CASES FILED BY BOTH PARTIES AGAINST EACH OTHER ARE IN
PROCESS OF
BEING WITHDRAWN
    * BANK WILL RETURN 4 MILLION EQUITY SHARES OF CO TO LOYAL
CREDIT &
INVESTMENTS
    * RETURN OF SHARES  WILL INCREASE PROMOTER AND PROMOTER
GROUP
HOLDING IN CO FROM 47.07% TO 50.77%

Source text for Eikon:  ID:nBSE3YSDMD 
Further company coverage:  INWI.NS 

 ((Reutersbriefs@thomsonreuters.com;))

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