WindForce proposes Rs. 4 b Green Bond issue

Friday, 3 April 2026 00:20 - - {{hitsCtrl.values.hits}}

WindForce PLC yesterday said that its Board of Directors have proposed to raise Rs. 4 billion via a Green Bond issue.

The company said it proposed issuing 40 million listed, rated, senior, unsecured, redeemable Green Bonds at Rs. 100 each, subject to obtaining all other necessary regulatory approvals.

Details of the tenure, interest rates, and other characteristics of the Green Bond issuance will be notified later, the company said.

The share price of the company ended Rs. 0.20 down yesterday at Rs. 44.80.

As of end-December 2025, the company reported short-term borrowings of Rs. 2.52 billion and long-term borrowings of Rs. 8.5 billion. Retained earnings amounted to Rs. 6.1 billion on a Rs. 43.3 billion balance sheet.