NSEDisclosure under SEBI Takeover Regulations1d ago · 18 Aug 2026, 07:06 pm

Disclosure under SEBI Takeover Regulations

Inox Wind Limited · INOXWIND

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Devansh Trademart LLP, a part of the promoter group of Inox Wind Limited, intends to acquire 30,00,000 equity shares of Inox Wind Limited from Inox Leasing and Finance Limited, a part of the promoter group, through an inter-se transfer. The proposed acquisition is exempt from making an open offer under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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 Devansh Trademart LLP  has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.                           

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Date: 18th August, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 NSE Scrip Code: INOXWIND BSE Scrip Code: 539083 Dear Sirs, Subject: Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”) Target Company: Inox Wind Limited Devansh Trademart LLP is holding 14,90,18,522 equity shares of Inox Wind Limited, as a part of the promoter group of Inox Wind Limited. We intend to acquire 30,00,000 equity shares of Inox Wind Limited from Inox Leasing and Finance Limited a part of promoter group of Inox Wind Limited, by way of ‘inter- se’ transfer, cumulatively, 0.17% equity shares of Inox Wind Limited. The proposed acquisition is pursuant to inter-se transfer of shares amongst qualifying persons as specified in Regulation 10(1)(a)(ii) of Takeover Regulations. Please find enclosed herewith disclosures as required under Regulation 10(5) of SEBI (SAST) Regulations, 2011 read with SEBI Master Circular SEBI/HO/CFDPoD-1/CIR/2023/31 dated February 16, 2023 setting out the details of the proposed acquisition of shares of Inox Wind Limited by way of inter-se transfer. Kindly take the same on record. Thanking you, Yours faithfully, For Devansh Trademart LLP Vivek Kumar Jain Designated Partner Encls: a/a Format for Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) Inox Wind Limited 2. Name of the acquirer(s) Devansh Trademart LLP 3. Whether the acquirer(s) is/are promoters of the Yes. TC prior to the transaction. If not, nature of It comes under Promoter Group of the Target relationship or association with the TC or its Company. promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares Inox Leasing and Finance Limited are to be acquired b. Proposed date of the acquisition On or after 24.08.2026 c. Number of shares to be acquired from 30,00,000 equity shares each person mentioned in 4(a) above d. Total shares to be acquired as % of share 30,00,000 equity shares (0.17 %) capital of TC e. Price at which shares are proposed to be The shares will be acquired at ruling market price acquired as on the date of acquisition subject to (a) permissible variance for execution of trade(s) pursuant to block deal, and (b) to the limits provided in proviso to Regulation 10(1)(a) of SEBI SAST Regulations, to the extent applicable. f. Rationale, if any, for the proposed transfer Inter-se transfer of shares pursuant to internal restructuring of shareholding within promoter and promoter group 5. Relevant sub-clause of regulation 10(1)(a) under 10(1)(a)(ii) which the acquirer is exempted from making open offer 6. If frequently traded, volume-weighted average Rs.83.83 approx market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7. If in-frequently traded, the price as determined in N.A. terms of clause (e) of sub-regulation (2) of regulation 8. 8. Declaration by the acquirer, that the acquisition Yes… (if it is not more than 25 %) price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable 9. Declaration by the acquirer that the transferor I, Vivek Kumar Jain, hereby declare that the and transferee have complied (during 3 years transferor and transferee have complied and will prior to the date of proposed acquisition) / will comply with applicable disclosure requirements in comply with applicable disclosure requirements Chapter V of the Takeover Regulations. in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997) 10. Declaration by the acquirer that all the conditions I, Vivek Kumar Jain, hereby declare that all the specified under Regulation 10(1)(a) with respect conditions specified under Regulation 10(1)(a) with to exemptions has been duly complied respect to exemptions has been duly complied with. 11. Shareholding Details Before the proposed After the proposed transaction transaction (#) No. of % w.r.t No. of % w.r.t shares/votin total shares/votin total g rights share g rights share capital capital of TC of TC a. Acquirer (s) and PACs (other than Seller (s)) Acquirer (s) Devansh Trademart LLP 14,90,18,522 8.62 15,20,18,522 8.80 Sub-total 14,90,18,522 8.62 15,20,18,522 8.80 PACs [other than Seller (s)] Aryavardhan Trading LLP 10,34,43,100 5.99 10,34,43,100 5.99 Vivek Kumar Jain 3,20,09,472 1.85 3,20,09,472 1.85 Devansh Jain 63200 0.00 63200 0.00 Nandita Jain 63200 0.00 63200 0.00 Sub-total 13,55,78,972 7.84 13,55,78,972 7.84 b. Seller(s) Inox Leasing and Finance Limited 47,89,15,610 27.71 47,59,15,610 27.54 Sub-Total 47,89,15,610 27.71 47,59,15,610 27.54 Total 76,35,13,104 44.18 76,35,13,104 44.18 For Devansh Trademart LLP Vivek Kumar Jain Designated Partner