IREDA Shares Fall 4.66%, Announces Rs 1650 Cr Funding Deal Post-Market Close

• IREDA shares dropped 4.66% to Rs 108.98 on Monday, March 30, 2026, with a 32% decline over the last year.
• After market close, IREDA announced an External Commercial Borrowing (ECB) agreement with Sumitomo Mitsui Banking Corporation (SMBC) for Rs 1650 crore.
• This funding is crucial for strengthening IREDA's financing capacity, particularly in the renewable energy sector.
• Foreign institutional investors (FIIs) increased their stake from 1.92% in September 2025 to 2.07% by December 2025, indicating long-term confidence.
• The ECB deal provides lower-cost funds from foreign markets, enhancing IREDA's lending capacity and growth opportunities in renewable energy.