Mumbai, Aug. 19 -- Consequent to the said transfer, the company's shareholding in IRSL shall reduce from 91.90% to 88.84%.

Inox Renewable Solutions, formerly known as Resco Global Wind Services, had recorded revenue of Rs 217.98 crore and it contributed 6% in consolidated revenue of Inox Wind in FY 2024-25.

IRSL's networth was Rs 935 crore and it contributed 14% in consolidated net worth of IWL in FY 2024-25.

Inox Wind is a wind energy solutions provider in India, catering to IPPs, utilities, PSUs, and corporate investors. It is part of the INOXGFL Group, with a focus on chemicals and renewable energy. IWL is fully integrated in the wind energy market, with four manufacturing plants and a capacity of over 2.5 GW per annum.

The company...