Inox Wind allots 1.25 cr preference shares to promoter group entity

on private placement basis

Inox Wind has on 27 December 2021 allotted in third tranche 1,25,00,000 0.01% Non-Convertible, Non-Cumulative, Participating, Redeemable Preference Shares of Rs. 10 each of the Company (NCPRPS) fully paid-up, at par, on private placement basis to Devansh Trademart LLP (LLPIN: AAE-2605), an entity forming part of the Promoter Group for cash consideration aggregating Rs. 12.50 crore.

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