India, June 11 -- The INOXGFL Group, a prominent player in India's energy transition space, has announced that the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger scheme between Inox Wind Energy Ltd. (IWEL) and Inox Wind Ltd. (IWL). The order, dated June 10, 2025, paves the way for the amalgamation of IWEL into IWL.
This strategic merger is expected to bring multiple benefits to the group. It significantly strengthens Inox Wind's financial position by reducing liabilities by approximately Rs. 2,050 crore, resulting in a more robust consolidated balance sheet. Operational synergies from the merger are set to enhance efficiency through economies of scale, better resource utilization, and the eliminatio...