Inox Wind divests partial stake in subsidiary IRSL for about Rs 50 Crore

Strategic Transactions View source PDF Explain this filing

INOXWIND · price

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

+2.2%Reaction day

₹88.10

prior close

₹88.50

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.6%+1.7% vs market

Heavy Electrical Equipment peers, median of 33sector+1.1%+1.1% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Smallcap 250 and 1.1 pts more than its Heavy Electrical Equipment 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

+0.4

10m

+0.8

15m

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30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.6+1.7+1.1+1.1

Next day

+1.7+1.0+0.7+0.1+1.6

+2.0+2.1-0.0+0.1+2.0

-0.3+2.1-2.4-1.2+0.9

-1.4+2.6-4.0-1.9+0.5

-2.5+1.9-4.4-3.8+1.3

-6.9+1.5-8.3-3.6-3.3

15d

-10.3+2.7-13.0-5.3-5.0

-14.8+1.3-16.1-9.0-5.8

-20.1+4.3-24.4-7.5-12.6

-21.1+1.0-22.1-10.9-10.2

UpDownMarket · Nifty Smallcap 250Sector · Heavy Electrical Equipment peers, median of 33Pending

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

AI summary

Inox Wind Ltd has executed binding agreements to partially divest equity shares of its material subsidiary Inox Renewable Solutions Ltd (IRSL) for about Rs 50 Crore. The transaction will reduce Inox Wind stake in IRSL from 88.84% to 87.98%. IRSL contributed Rs 564.05 Crore (12.83%) to consolidated revenue and Rs 897.77 Crore (14.07%) to net worth in FY 2025-26. Shares were sold to third parties, not promoters. The deal is a related party transaction done at arm's length. Completion expected within 10 days.

Likely market impact

Minor stake sale in subsidiary; cash inflow of about Rs 50 Cr, with control virtually unchanged as holding drops only 0.86%.