Bengaluru, June 11 -- The shares of the prominent wind energy company gained up to 2 percent in today's trading session after the company received approval from the Hon'ble National Company Law Tribunal for the merger.

With a market capitalization of Rs 13,461.96 crore, the shares of Inox Wind Energy Ltd were trading at Rs 11,174.00 per share, decreasing around 1.07 percent as compared to the previous closing price of Rs 11,295.10 apiece.

According to the exchange filing, the National Company Law Tribunal has approved the merger of Inox Wind Energy Ltd with Inox Wind Ltd, streamlining INOXGFL Group's wind business. The merger enhances operational efficiency and significantly reduces IWL's liabilities by approximately Rs.2,050 crore, str...