Inox Wind Limited — Updates, 11-06-2025: Press Release
11-06-2025 | 07:58 am
11-06-2025 | 07:58 am
Inox Wind has announced a board meeting to approve the merger of Inox Wind Energy into Inox Wind, aiming to simplify the wind business under the INOXGFL Group. The merger reduces liabilities by around Rs 2,050 Cr, strengthening the balance sheet. This consolidation is expected to cut costs, streamline operations, and boost stakeholder value with a leaner structure. Shareholders of Inox Wind Energy will receive 632 shares of Inox Wind for every 10 held. The move positions the company well for growth in India’s clean energy sector.
No comments yet. Be the first to comment!
