Inox Wind Limited — Important, 23-10-2024: General Updates

INOX Wind Limited has completed a share purchase agreement to sell its wholly-owned subsidiary, Waft Energy Private Limited, to Resco Global Wind Services Private Limited, a subsidiary of the company. The transaction involves the sale of equity shares at face value, and upon completion, Waft Energy will become a step-down subsidiary. This move is part of the company’s business restructuring initiative. Details regarding the transaction have been disclosed as required by regulations.