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Inox Wind divests 3.06% stake in Inox Renewable Solutions

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For consideration of Rs 175 cr

Inox Wind has entered into agreements, last executed on 18 August, 2025, for divestment of 49,57,142 equity shares of face value of Rs.10/- each of its material subsidiary, Inox Renewable Solutions (IRSL) for an aggregate value of ~Rs.175 crore. Consequent to the said transfer, the Company's shareholding in IRSL shall reduce from 91.90% to 88.84%.

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First Published: Aug 19 2025 | 9:11 AM IST

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