Inox Wind Energy Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 04:54 pm
30-05-2025 | 04:54 pm
Inox Wind Energy has announced a board meeting where it approved the consolidated financial results for FY 2024-25, reporting a net profit of ₹86.18 Cr and comprehensive income of ₹101.78 Cr. The company is progressing with wind farm projects, supported by recent state policies. It streamlined operations by merging Inox Wind Energy and Inox Wind Limited with NCLT’s approval. Fundraising included equity shares and convertible warrants, boosting capital. Management resolved customer disputes by reclaiming uncommissioned WTGs through settlements. The board also approved the demerger of its power evacuation business, pending regulatory clearances.
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