Inox Wind Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
INOXWIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Inox Wind Limited's promoter group entities filed their annual declaration under SEBI Regulation 31(4) confirming encumbrance (pledge) status on shares for the financial year ended March 31, 2025. Three entities — Inox Wind Energy Limited (the main promoter), Inox Leasing and Finance Limited, and Aryavardhan Trading LLP — declared that they had not created any new encumbrances on their shares during the year. However, Devansh Trademart LLP disclosed that it had created an encumbrance on 1,20,09,100 shares (out of 5,46,81,020 shares held), which represents 0.92% of the total share capital of the company. Devendra Kumar Jain signed all four declarations in his capacity as Director or Partner of the respective entities.
This is largely a routine compliance filing with no major negative implications. The pledge by Devansh Trademart LLP is relatively small at under 1% of total capital, and since the filing was already disclosed earlier in the year, it should not surprise the market. Shareholders can be reassured that the main promoter entity and most promoter group members have not pledged additional shares.