
Acquisitions28 Jul 2026, 03:30 pm
Authum Investment & Infrastructure Ltd Receives NCLT Approval for Wind World Acquisition
AI Summary
Authum Investment & Infrastructure Ltd, along with Inox Neo Energies Limited (INEL), has received approval from the National Company Law Tribunal (NCLT), Ahmedabad Bench, for their resolution plan to acquire Wind World (India) Limited. The approval, granted on July 27, 2026, follows an announcement on February 20, 2026. Under the plan, INEL will acquire the IPP and O&M business, while Authum Investment & Infrastructure Ltd will acquire identified real estate/assets. Authum's financial commitment for this acquisition is approximately ₹350 crore.
Key Highlights
- NCLT approves resolution plan for Wind World (India) Limited acquisition.
- Authum Investment & Infrastructure Ltd commits ₹350 crore to the deal.
- Acquisition involves acquiring identified real estate/assets.
- INEL to acquire IPP and O&M business of Wind World (India) Limited.
Price Impact
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