Inox Green Energy Services Limited has announced a significant corporate development after the National Company Law Tribunal (NCLT), Ahmedabad Bench, approved the resolution plan for Wind World (India) Limited (WWIL). The company disclosed the update through a regulatory filing submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on July 28, 2026.
The latest announcement follows the company’s earlier disclosure made on February 19, 2026, regarding the proposed resolution plan for WWIL. According to the filing, the NCLT orally pronounced its order on July 27, 2026, approving the resolution plan submitted by a joint consortium consisting of Inox Neo Energies Limited and Authum Investment & Infrastructure Limited.
The approved proposal includes the original resolution plan dated February 13, 2026, along with an addendum submitted on May 20, 2026. With the tribunal’s approval, the consortium will move forward with the acquisition and restructuring of selected business assets of Wind World (India) Limited.
Under the approved resolution plan, companies belonging to the INOXGFL Group will acquire two important business segments of WWIL. These include the independent power producer (IPP) and power sale undertaking, as well as the company’s operations and maintenance (O&M) business. These assets are expected to strengthen the group’s presence in the renewable energy sector by expanding its power generation and service capabilities.
As part of the same resolution process, Authum Investment & Infrastructure Limited and its affiliates will acquire specific identified real estate assets and certain other assets owned by Wind World (India) Limited.
Inox Green Energy Services clarified that the present disclosure has been made based on the oral pronouncement issued by the NCLT. The company also stated that it will provide a more detailed and comprehensive disclosure after receiving the certified written copy of the tribunal’s order. The future disclosure will be made in accordance with SEBI regulations and other applicable legal requirements, ensuring complete transparency for shareholders and the market.
