IREDA Subsidiary Secures Registration Certificate, Set to Launch Financial Services
2025-02-18
Business Today on MSN.com
In a significant development, IREDA's subsidiary has obtained a registration certificate, paving the way for its foray into the finance sector. This move is expected to boost the company's growth prospects, despite its stock price settling 2.81% lower at Rs 160.85 earlier in the day. The stock has corrected 27.48% in the calendar year 2025, but this new development could be a turning point. With the subsidiary now poised to offer financial services, IREDA is well-positioned to capitalize on emerging trends in the financial technology and renewable energy sectors, including sustainable finance and green investing.
