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Shree Ram Twistex Cuts Wind Allocation, Redirects ₹13.89 Crore IPO Surplus


12 August 2026
Shree Ram Twistex Ltd.

Shareholders approved reallocating ₹13.89 crore of IPO proceeds after reducing the planned captive wind project from 4.2MW to 3.1MW. ₹5.26 crore will fund expansion machinery and ₹8.63 crore repay SBI borrowings; ₹13.69 crore has been spent on wind, with the balance in fixed deposit. Context: replaces the previously tracked 4.2MW plan.


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