Inox Green Energy Services Limited (INOXGREEN)
General Updates
Inox Green Energy Services received NCLT approval for the consortium's resolution plan to acquire Wind World (India) Limited's O&M business. The acquisition includes a 4.5 GW wind turbine portfolio across multiple Indian states. The O&M business will be acquired on a slump sale basis for up to Rs. 550 Cr cash consideration. Completion is expected within 60 days of NCLT order receipt, subject to approvals. The acquisition aligns with the company's core renewable energy O&M services.
Source: Original filing PDF
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🚨 INOXGREEN — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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