INOX Wind Limited has notified exchanges regarding an inter-se transmission of shares within the Promoter Group, effective February 16, 2026. 1,27,032 equity shares, previously held by the late Shri Devendra Kumar Jain, were transmitted to Shri Vivek Kumar Jain. Following this transfer, Shri Vivek Kumar Jain’s stake now stands at 1.85%. Consequently, the late Shri Devendra Kumar Jain has officially ceased to be a part of the Promoter Group.
Confirmation of Shareholding Change
INOX Wind Limited has formally disclosed an internal transmission of equity shares among its Promoter Group members, as required under regulatory mandates. This transaction took place on 16th February, 2026.
Details of the Transmission
The transmission involved 1,27,032 equity shares, which represents 0.01% of the company’s total paid-up share capital. These shares were held by the late Shri Devendra Kumar Jain, who was a member of the Promoter and Promoter Group.
The recipient of these shares is Shri Vivek Kumar Jain, who is also confirmed as a member of the Promoter and Promoter Group.
Impact on Stakeholding
As a direct result of this transmission, the total aggregate shareholding of Shri Vivek Kumar Jain has increased significantly to 3,20,09,472 equity shares. This new holding corresponds to 1.85% of the company’s paid-up share capital.
Furthermore, it has been confirmed that the late Shri Devendra Kumar Jain has ceased to be classified as a member of the Promoter and Promoter Group of INOX Wind Limited. His name will be removed from future disclosures of the Shareholding Pattern.
Source: BSE
