Inox Wind Limited has informed the Exchange about fixation of record date pursuant to Scheme of Arrangement

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

INOXWIND · price

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

-4.8%Reaction day

₹184.79

prior close

₹184.79

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.4%-3.3% vs market

Heavy Electrical Equipment peers, median of 26sector-2.3%-2.5% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Smallcap 250 and 2.5 pts less 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-4.8-1.4-3.3-2.3-2.5

Next day

-6.3-1.8-4.4-2.9-3.4

-6.4-1.3-5.1-2.2-4.2

-8.8-2.0-6.8-3.0-5.8

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15d

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-4.5+1.6-6.1-3.6-0.9

-23.7-5.2-18.5-7.2-16.6

-19.5-2.2-17.3-5.6-13.9

UpDownMarket · Nifty Smallcap 250Sector · Heavy Electrical Equipment peers, median of 26Pending

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

AI summary

Inox Wind Limited has fixed Saturday, 21st June 2025 as the record date for a scheme of arrangement to merge Inox Wind Energy Limited (IWEL) into itself. Under the approved scheme, IWEL shareholders will receive 632 equity shares of Inox Wind Limited (face value Rs. 10) for every 10 equity shares held in IWEL. The scheme is being implemented under Sections 230-232 of the Companies Act, 2013, the NCLT route for corporate restructuring. The share exchange ratio was earlier disclosed on 25th April 2024, and the record date is now being set to identify eligible IWEL shareholders. This is a group-level consolidation where a related entity is being absorbed into the listed company.

Likely market impact

IWEL shareholders on the record date will become shareholders of the listed Inox Wind Limited at the 632:10 ratio, gaining direct exposure to the listed entity. For existing Inox Wind Limited shareholders, this consolidation brings operations of a related entity under one listed roof, which may simplify the group structure.