Intimation of effective date of Scheme of Arrangement
Awaiting price reaction for this filing.
Inox Wind Limited has announced that the Scheme of Arrangement with Inox Wind Energy Limited has become effective from 13th June 2025. The certified copy of the NCLT (National Company Law Tribunal) order was filed with the Registrar of Companies on the same date. The scheme involves Inox Wind Energy (Transferor Company) merging into Inox Wind Limited (Transferee Company). The Appointed Date for the scheme has been set as 1st July 2023, meaning the merger takes effect retrospectively from that date for accounting purposes. This follows NCLT approval communicated on 11th June 2025.
The merger consolidates Inox Wind Energy into Inox Wind Limited, simplifying the group structure. Shareholders should expect record date and share allotment/cancellation details to follow shortly, which could impact short-term stock price and shareholding patterns.