539083
Inox Wind Ltd
BSELast Traded Price
₹80.14
+1.06 (+1.34%)
Open
₹79.58
High
₹80.80
Low
₹79.01
Prev Close
₹79.08
Industry
Capital Goods
Market Cap
13,850.10 Cr
Filing History
Recent corporate announcements and filings for 539083
Routine
Neutral
2026-06-30 18:39
- The trading window for dealing in the company's securities will be closed from July 1, 2026.
- It will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.
- This is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update
Neutral
2026-06-29 19:09
- Inox Wind Limited executed agreements for partial divestment of equity shares of its material subsidiary, Inox Renewable Solutions Limited (IRSL).
- The aggregate transaction value is approximately ₹50 Crore.
- Post-transaction, the Company's shareholding in IRSL will reduce from 88.84% to 87.98%.
- The agreement was entered into on June 29, 2026, with completion expected within 10 days.
Governance
Neutral
2026-06-23 16:52
- EGM held on June 22, 2026, approved three special resolutions.
- Approved continuation of Shri Mukesh Manglik as Non-Executive Director (85.67% in favour).
- Approved revision in fixed remuneration of Shri Devansh Jain, Whole-Time Director (96.15% in favour).
- Approved divestment of equity shares of material subsidiary Inox Green Energy Services Limited (80.85% in favour).
Governance
Neutral
2026-06-22 19:28
- The 13th Extra-ordinary General Meeting (EGM) of Inox Wind Limited was held on June 22, 2026, via Video Conferencing.
- Key agenda items included approval for the continuation of Shri Mukesh Manglik as a Non-Executive Director upon attaining 75 years.
- Approval was also sought for the revision of remuneration for Shri Devansh Jain, Whole-time Director.
- Additionally, approval for the divestment of equity shares of Inox Green Energy Services Limited, a material subsidiary, was on the agenda.
Business Update
Positive
2026-06-17 20:19
- Inox Wind Limited has voluntarily withdrawn its credit ratings assigned by CRISIL for its banking facilities.
- The company confirms it continues to maintain strong credit ratings, specifically 'AA-' for long-term and 'A1+' (the highest rating) for short-term banking facilities, from multiple other credit rating agencies.
Business Update
Positive
2026-06-16 12:12
- Order Win: Inox Wind Limited signed an MoU with Inox Clean Energy
- Order Scope: Supply of 1,500 MW of advanced 3.3 MW and 4X MW wind turbines
- Details: This MoU provides multi-year revenue visibility for Inox Wind and increases its total order book to over 4.5 GW.
Business Update
Positive
2026-06-02 18:12
- Inox Wind Limited (IWL) guides for approximately 75% revenue growth in FY27, targeting around ₹7,500 Crores, supported by a current order book of 3.1 GW with over 24 months of execution visibility and recurring orders from group company Inox Clean Energy.
- IWL is strategically shifting its order book mix from 100% turnkey to 75-80% equipment supply to improve working capital and reduce execution risks.
- The company's new 4.4-MW turbine is on track for commercial launch within the current calendar year, expected to enhance market penetration and improve margins.
- Inox Green Energy Services Limited (IGESL), the O&M subsidiary, projects FY27 EBITDA upwards of ₹600 Crores. It is set to become one of the largest renewable O&M companies globally by 2030, driven by organic growth and recent acquisitions of 6.5 GW of operational wind O&M assets.
- The consolidated revenue for Inox Green is expected to grow around 75% for FY26-27 with an EBITDA margin of 20-22%. The demerger of IGESL's evacuation infrastructure business has been approved by NCLT and is expected to complete in 1-2 months.
Governance
Neutral
2026-05-30 14:30
Inox Wind Limited announced its 13th Extra-ordinary General Meeting (EGM) on June 22, 2026, via VC/OAVM. Key resolutions include seeking approval for the continuation of Shri Mukesh Manglik as Non-Executive Director (age 75+), revising the fixed remuneration of Whole-Time Director Shri Devansh Jain (basic pay from ₹12 Lakh to ₹28.7 Lakh per month), and divesting equity shares of Inox Green Energy Services Limited, a material subsidiary, potentially reducing the company's shareholding below 50%.
Business Update
Neutral
2026-05-29 21:50
Inox Wind Limited announced the audio recording of its Conference Call with Analysts/Investors held on May 29, 2026, subsequent to the submission of financial results for the quarter and financial year ended March 31, 2026, is available on the company's website via the provided link.