Inox Wind Limited — Updates, 23-05-2025: Scheme of Arrangement

Inox Wind Limited has announced a board meeting to consider the financial results for the quarter and half-year. The National Company Law Tribunal has approved the merger of Inox Wind Energy into Inox Wind Limited, with shareholders of Inox Wind Energy receiving 632 equity shares of Inox Wind for every 10 held. This merger, effective July 1, 2023, consolidates assets, liabilities, contracts, and employees, streamlining operations to strengthen the company’s business and enhance shareholder value. All necessary approvals have been secured with no pending objections.