BSEInsider Trading / SAST1d ago · 19 Aug 2026, 10:54 am
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Inox Wind Ltd · 539083
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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 from Inox Leasing and Finance Limited, another part of the promoter group, through an inter-se transfer. The 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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Full Announcement
Inox Wind Ltd - 539083 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) 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