NSEDiversification/Disinvestment29 Jun 2026 · 29 Jun 2026, 07:16 pm

Diversification/Disinvestment

Inox Wind Limited · INOXWIND

✦ AI SummaryDivestiture

Inox Wind Limited has informed the Exchange about the disinvestment of shares of its material subsidiary, Inox Renewable Solutions Limited, for an aggregate transaction value of approximately Rs. 50 Crore.

Analysis Scores

Earnings Impact2/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Inox Wind Limited has informed the Exchange about Diversification/Disinvestment

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INOXWIND_29062026191555_IWL_SE_IRSL.pdf

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IWL: NOI: 2026 29th June, 2026 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai 400 001 Mumbai 400 051 Scrip code: 539083 Trading Symbol: INOXWIND Sub: Intimation regarding disinvestment of shares of Company’s material subsidiary Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that Inox Wind Limited (“the Company”) has executed binding agreements, the last of which was executed on 29th June, 2026, for partial divestment of equity shares of face value of Rs.10/- each of its material subsidiary, Inox Renewable Solutions Limited (“IRSL”) for an aggregate transaction value of approximately Rs. 50 Crore. Post completion of the aforesaid transaction, the Company’s shareholding in IRSL shall stand reduced from 88.84% to 87.98%. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 are enclosed herewith as Annexure A. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Inox Wind Limited Deepak Banga Company Secretary Encl.: a/a Annexure A Sale or disposal of unit(s) or division(s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in the associate company of the listed entity: S. Particulars Details a) The amount and percentage of the Name of the subsidiary: Inox Renewable turnover or revenue or income and net Solutions Limited (“IRSL”)(formerly known as worth contributed by such unit or Resco Global Wind Services Private Limited) division or undertaking or subsidiary or CIN: U40106GJ2020PLC112187 associate company of the listed entity during the last financial year; Paid-up Capital: Rs. 161,94,12,560 comprising of 16,19,41,256 equity shares of face value of Rs.10/- each. Revenue of IRSL & its contribution: Rs. 564.05 Crore and it contributed 12.83% in consolidated revenue of the Company in FY 2025-26; Net Worth of IRSL & its contribution: Rs. 897.77 Crore and it contributed 14.07% in consolidated net worth of the Company in FY 2025-26. b) Date on which the agreement for sale has 29th June, 2026 been entered into; c) The expected date of completion of Expected to be completed within the next 10 days sale/disposal; d) Consideration received from such The aggregate transaction value is approximately sale/disposal; Rs. 50 Crore e) Brief details of buyers and whether any of The shares have been divested to certain third the buyers belong to the promoter/ parties. promoter group/group companies. If yes, None of the buyers form part of promoter/ details thereof; promoter group of the Company. f) Whether the transaction would fall within Yes. The transaction is considered as a related related party transactions? If yes, party transaction and has been undertaken at whether the same is done at “arm’s arm’s length. length”; g) Whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations h) Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.