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The Economic Times

Economy / The Economic Times

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Motilal Oswal commits Rs 1,500 crore to Inox Clean in hybrid private credit deal

Motilal Oswal Group has committed Rs 1,500 crore to Inox Clean Energy Ltd through compulsorily convertible debentures to fund acquisitions and growth. The initial Rs 1,000 crore has been deployed, with the remaining Rs 500 crore expected soon. This hybrid capital investment aims for an equity conversion upon Inox Clean's potential IPO within 12-24 months, offering downside protection and equity upside.

13 Aug 2026 1:05 pm