Transaction Details

  • Execution Date: Binding agreements were executed, with the last agreement dated 29th June 2026
  • Transaction Type: Partial divestment of equity shares of IRSL
  • Share Details: Face value of ₹10 each
  • Transaction Value: Aggregate value of approximately ₹50 Crore
  • Completion Timeline: Expected to be completed within the next 10 days from 29th June 2026

Shareholding Impact

  • Pre-transaction holding: 88.84% stake in IRSL
  • Post-transaction holding: 87.98% stake in IRSL
  • Reduction: 0.86 percentage points

Subsidiary Financial Details

  • Subsidiary Name: Inox Renewable Solutions Limited (formerly known as Resco Global Wind Services Private Limited)
  • Paid-up Capital: ₹161,94,12,560 comprising 16,19,41,256 equity shares of ₹10 face value each
  • FY 2025-26 Revenue: ₹564.05 Crore, contributing 12.83% to consolidated revenue of Inox Wind Limited
  • FY 2025-26 Net Worth: ₹897.77 Crore, contributing 14.07% to consolidated net worth of Inox Wind Limited

Counterparty Details

  • Buyers: Certain third parties (not specified by name)
  • Relationship: None of the buyers form part of promoter/promoter group of Inox Wind Limited

Regulatory Classification

  • Related Party Transaction: Yes
  • Transaction Nature: Undertaken at arm's length
  • Scheme of Arrangement: Not applicable
  • Slump Sale: Not applicable