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- Important
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Inox Wind Limited has announced a board meeting and fixed the Record Date for the share exchange under its Scheme of Arrangement with Inox Wind Energy Limited. Under the swap, shareholders of Inox Wind Energy will receive 632 fully paid equity shares of Inox Wind Limited for every 10 shares held. This move will alter the shareholder structure, suggesting group consolidation that may strengthen operational integration and expand the company’s equity base, which could be significant for investors tracking the group’s restructuring.