Overview

• The NCLT Chandigarh Bench granted final approval on June 10, 2025, with completion expected in the next 1 to 1.5 months pending regulatory clearances and a record date declaration
• Shareholders of Inox Wind Energy will receive 632 equity shares of Inox Wind for every 10 shares they hold in the former company
• The merged entity is projected to reduce its liabilities by around Rs 2,050 crore and deliver a stronger consolidated balance sheet
• The scheme eliminates the holding company structure to simplify governance, improve operations and achieve cost savings through economies of scale
• INOXGFL Group intends to use the merger to expand its clean energy footprint and optimize resource utilization across its wind business