Inox Wind Limited (IWL), a leading wind energy solutions provider in India, has announced the sale of a stake worth approximately ₹175 crore in its EPC subsidiary, Inox Renewable Solutions Ltd. (IRSL).
The transaction values IRSL at ~₹7,400 crore (post-merger valuation). The sale agreement was finalised on August 18, 2025, and the transaction is expected to be completed within the next seven days.
Formerly known as Resco Global Wind Services Pvt. Ltd, IRSL is a significant player in the renewable energy engineering, procurement, and construction (EPC) space.
Following the merger of Inox Green’s substation business into IRSL, the company has strengthened its operational scope. IRSL has a paid-up capital of ₹161.94 crore, comprising 16.19 crore equity shares with a face value of ₹10 each.
In FY 2024–25, IRSL reported revenue of ₹217.98 crore, contributing 6% to Inox Wind’s consolidated revenue. Its net worth stood at ₹935 crore, representing 14% of the parent company’s consolidated net worth. These figures underline IRSL’s growing importance within the group’s portfolio.
This divestment not only strengthens Inox Wind’s financial flexibility but also unlocks value from its subsidiary, positioning the company to pursue new opportunities in India’s fast-growing renewable energy sector. The move highlights IWL’s strategy of capital optimisation and business expansion.
On August 19, 2025, Inox Wind share price (NSE: INOXWIND) opened at ₹141.00, up from its previous close of ₹139.99. At 9:46 AM, the share price of Inox Wind was trading at ₹146.50, up by 4.65% on the NSE.
Also Read: Inox Green Secures 182 MW Wind O&M Deal with Leading Conglomerate!
Inox Wind’s stake sale in IRSL at a ~₹7,400 crore valuation reinforces investor confidence in India’s renewable energy landscape. With rising demand for green energy solutions, this transaction is set to boost IWL’s financial strength while accelerating growth prospects.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 19, 2025, 10:00 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates