Update on Resolution Plan for Wind World India

NCLT approved the resolutionRegulatory & Legal View source PDF Explain this filing

INOXGREEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.2%Reaction day

₹171.30

prior close

₹174.32

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%+3.8% vs market

Diversified Commercial Services peers, median of 72sector+0.0%+4.2% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 4.2 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.4

15m

-0.5

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.2+0.4+3.8+0.0+4.2

Next day

+4.5+1.7+2.8+0.0+4.5

+4.2+2.1+2.1+0.0+4.2

+4.1+2.1+1.9+0.1+3.9

+5.1+2.1+3.0-0.4+5.4

+7.4+1.9+5.5-0.2+7.6

+9.4+2.4+6.9+0.3+9.1

15d

+1.3+3.0-1.7-0.8+2.1

+2.2+3.7-1.5+0.0+2.2

-13.0+1.6-14.6-4.9-8.1

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

INOX Green Energy Services has filed an update on the resolution plan for Wind World (India) Limited, which is undergoing the corporate insolvency resolution process. INOX Green is involved as a resolution applicant for the stressed wind energy asset. The latest development in the resolution process has been shared with the stock exchanges.

Likely market impact

Could expand INOX Green's wind energy portfolio if the resolution plan proceeds, potentially benefiting shareholders through asset acquisition.