Inox Wind Limited has been notified of a significant inter-se transfer of shares between its promoter entities. Inox Leasing and Finance Limited, a promoter, sold 30,00,000 equity shares to Devansh Trademart LLP, an entity also part of the Promoter Group. This transaction, occurring on August 26, 2026, represents a substantial shift in direct shareholding within the promoter group.
Promoter Share Transfer Notified
Inox Wind Limited has received disclosures regarding a significant share transaction involving its promoter entities. On August 26, 2026, Inox Leasing and Finance Limited executed the sale of 30,00,000 equity shares of Inox Wind Limited. The shares were acquired by Devansh Trademart LLP, an entity identified as part of the Promoter Group of Inox Wind Limited.
Transaction Details
The transfer of these 30,00,000 equity shares was conducted via an inter-se transfer between the two promoter-related entities. Following this transaction, Inox Leasing and Finance Limited’s shareholding in Inox Wind Limited decreased, while Devansh Trademart LLP’s shareholding increased. The transaction was reported to Inox Wind Limited on August 27, 2026, and formally disclosed on August 31, 2026.
Impact on Shareholding
Prior to the transaction, Inox Leasing and Finance Limited held 47,89,15,610 equity shares, representing 27.71% of the total shareholding. Post-acquisition by Devansh Trademart LLP, the seller’s remaining holding is 47,59,15,610 shares (27.54%). Devansh Trademart LLP, which previously held 14,90,18,522 equity shares (8.62%), acquired an additional 30,00,000 shares, bringing its post-transaction holding to 15,20,18,522 equity shares, which accounts for 8.80% of the total shareholding.
Source: BSE
