
Shareholding19 Aug 2026, 10:55 am
Inox Wind Promoter Group Inter-se Share Transfer of 0.17%
AI Summary
Devansh Trademart LLP, part of Inox Wind Limited's promoter group, will acquire 30,00,000 equity shares (0.17%) from Inox Leasing and Finance Limited, also a promoter group entity. This transaction is an inter-se transfer within the promoter group, aimed at internal restructuring. The acquisition is scheduled for on or after August 24, 2026, and will be executed at the ruling market price. This move is exempt from an open offer under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, specifically Regulation 10(1)(a)(ii). Following the transaction, Devansh Trademart LLP's holding will increase to 8.80% from 8.62%.
Key Highlights
- Devansh Trademart LLP to acquire 0.17% stake in Inox Wind.
- Transaction is an inter-se transfer within the promoter group.
- Acquisition exempt from open offer under SEBI Takeover Regulations.
- Deal to be executed on or after August 24, 2026.
- Promoter group's internal restructuring is the rationale.
Price Impact
More from INOXWIND