Back
Corporate News
For consideration of Rs 175 cr
Inox Wind divests 3.06% stake in Inox Renewable Solutions
19-Aug-2025, 09:11
Inox Wind has entered into agreements, last executed on 18 August, 2025, for divestment of 49,57,142 equity shares of face value of Rs.10/- each of its material subsidiary, Inox Renewable Solutions (IRSL) for an aggregate value of ~Rs.175 crore. Consequent to the said transfer, the Company's shareholding in IRSL shall reduce from 91.90% to 88.84%.
Inox Wind has entered into agreements, last executed on 18 August, 2025, for divestment of 49,57,142 equity shares of face value of Rs.10/- each of its material subsidiary, Inox Renewable Solutions (IRSL) for an aggregate value of ~Rs.175 crore. Consequent to the said transfer, the Company's shareholding in IRSL shall reduce from 91.90% to 88.84%.
Powered by Capital Market - Live News