NSEAgreements5d ago · 10 Oct 2026, 07:14 pm

Agreements

Authum Investment & Infrastructure Limited · AIIL

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Authum Investment & Infrastructure Limited has fulfilled its financial commitment of INR 350,00,00,000 to Wind World (India) Limited and has also disbursed INR 100,00,00,000 to Vibhav Energy Private Limited, which has been converted into equity shares.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Authum Investment & Infrastructure Limited has informed the Exchange about Agreements

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Authum123_10102026191402_Acquisitondis.pdf

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October 10, 2026 To, National Stock Exchange of India Ltd Department of Corporate Relationship Listing Department BSE Ltd Exchange Plaza, 5th floor, Phiroze Jeejeebhoy Towers, Plot no. C/1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - Mumbai - 400 001 400 051 Scrip Code: 539177 NSE Symbol – AIIL Dear Sir/ Madam, Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“SEBI LODR Regulations”) This is in furtherance to our earlier intimations dated July 28, 2026 and February 20, 2026, pertaining to Wind World (India) Limited, a company incorporated under the provisions of the Companies Act, 1956, having corporate identification number (CIN) U31200DD2003PLC003236 (“WWIL”), conveying the resolution plan dated February 13, 2026 (read with the addendum dated May 20, 2026) (“Resolution Plan”) submitted by the consortium comprising Inox Neo Energies Limited (“INEL” or “Lead Member”) and Authum Investment & Infrastructure Limited (“Company”) (together, “Consortium”) for acquisition of WWIL, was approved by the NCLT vide its order dated July 27, 2026 (“NCLT Approval Order”). The financial commitment of the Company under the Resolution Plan as consideration for the purchase of certain identified assets of WWIL was INR 350,00,00,000 (Indian Rupees Three Hundred and Fifty Crore). We wish to inform that the Company has fulfilled the aforesaid financial commitment by remitting the aforementioned consideration to WWIL (after deducting statutory payments such as TDS, to be filed on behalf of WWIL). Additionally, as communicated earlier, the Resolution Plan provided an option for the Lead Member and the Company to agree on terms and conditions for infusion by the Company of debt / equity in WWIL. However, since the scheme of arrangement forming part of the Resolution Plan, was not approved by the NCLT vide the NCLT Approval Order, the Consortium revised the transaction structure / structure for implementation of the Resolution Plan (pursuant to such flexibility under the Resolution Plan), which was approved by the implementation and monitoring committee vide its resolution dated August 31, 2026 (“Revised Structure”). In terms of the Revised Structure, the Lead Member and the Company had an option to agree on terms and conditions for infusion by the Company of debt / equity in Vibhav Energy Private Limited, one of implementation entities of the Lead Member (“VEPL”). In view of the above, pursuant to an inter corporate deposit agreement dated September 28, 2026 (“ICD Agreement”), the Company had disbursed an amount of INR 100,00,00,000 (Indian Rupees One Hundred Crores) to VEPL, which amount has, in terms of the ICD Agreement, on October 09, 2026, been converted into equity shares of VEPL representing 25% (twenty-five percent) of the paid-up share capital of VEPL (as calculated on a fully diluted basis), and the Company has, on October 09, 2026, received intimation from VEPL that such equity shares have been allotted to the Company. Further, the details required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in Annexure Kindly take the above information on record. Thank you For Authum Investment & Infrastructure Limited Ms. Djpyanti Jaiswar Company Secretary & Compliance Officer Place: Mumbai ANNEXURE – A Disclosure of information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Detail a. Name of the target entity, details in brief such Name of the Target Entity: Vibhav Energy Private as size, turnover etc. Limited, a company existing under the laws of India, having corporate identification number U40106GJ2017PTC098230 and having its registered office at 301, ABS Tower, Old Padra Road, Vadodara, Gujarat, India – 390007 (“VEPL”). VEPL is a subsidiary company of Inox Green Energy Services Limited. Net Worth (as at March 31, 2026): INR (0.1) Crore Turnover (FY 2025-26): Nil b. Whether the acquisition would fall within No. related party transaction(s) and whether the promoter/promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length”; c. Industry to which the entity being acquired VEPL is engaged in the business of providing operation belongs; and maintenance services for wind power service providers within India. d. Objects and impact of acquisition (including The Company is acquiring the equity shares of VEPL, but not limited to, disclosure of reasons for pursuant to conversion of the inter corporate deposit of acquisition of target entity, if its business is INR 100,00,00,000 (Indian Rupees One Hundred outside the main line of business of the listed Crores) disbursed by the Company to VEPL, into equity, entity); in line with the inter corporate deposit agreement dated September 28, 2026 (“ICD Agreement”). We believe the target entity has strong potential for value creation, and it also aligns with our objective of portfolio diversification. e. Brief details of any governmental or regulatory No governmental or regulatory approvals are required approvals required for the acquisition; for the acquisition. Sr. Particulars Detail f. Indicative time period for completion of the The allotment of equity shares to the Company has been acquisition; completed on October 09, 2026. g. Nature of consideration - whether cash There is no consideration which is paid by the Company consideration or share swap and details of the for the acquisition of equity shares of VEPL. The equity same; shares of VEPL are being acquired pursuant to h. Cost of acquisition or the price at which the conversion of the ICD owed by VEPL to the Company, shares are acquired; in terms of the ICD Agreement. i. Percentage of shareholding / control acquired Pursuant to the conversion, the Company will be and / or number of shares acquired; acquiring 10,00,00,000 (Ten Crore) equity shares of VEPL, having face value of Rs. 10 each, representing 25% (twenty-five percent) of the paid-up share capital of VEPL, as calculated on a fully diluted basis. j. Brief background about the entity acquired in The Target Entity is in the business of providing terms of products/line of business acquired, operation and maintenance services for wind power date of incorporation, history of last 3 years service providers within India. turnover, country in which the acquired entity has presence and any other significant Date of Incorporation: July 10, 2017 information (in brief); Turnover history of last 3 years (INR Crores): Nil in each of the last three financial years (FY 2025-26, FY 2024-25 and FY 2023-24). Country in which Vibhav has presence: India