Inox Wind promoter group entity Devansh Trademart LLP has acquired 30,00,000 equity shares from Inox Leasing and Finance Limited through an inter-se transfer. The transaction took place on August 25, 2026, at a price of ₹73.88 per share, valuing the deal at ₹22,16,40,000. This was disclosed under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The acquisition increases Devansh Trademart’s holding in the wind energy firm from 14,90,18,522 shares to 15,20,18,522 shares. This represents a rise in its stake from 8.62% to 8.80% of the total voting capital. Conversely, Inox Leasing and Finance Limited’s stake decreased from 27.71% to 27.54%.

Transaction Details

The inter-se transfer involves entities within the same promoter group, meaning no change in the overall promoter group holding or external ownership structure of Inox Wind. The transaction falls under the exemption provided in Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011. A prior intimation under Regulation 10(5) was filed with stock exchanges on August 18, 2026.

The company’s total equity share capital remains unchanged at 172,82,37,822 equity shares of ₹10 each. The total diluted share capital stands at 173,41,41,093 equity shares.

Devansh Trademart reported no encumbrances on the acquired shares. The rationale for the transfer is cited as internal restructuring of shareholding within the Promoter and Promoter Group.

Devansh Trademart LLP intends to acquire 30,00,000 equity shares of Inox Wind Limited from Inox Leasing and Finance Limited through an inter-se transfer. The transaction is part of an internal restructuring of shareholding within the company’s promoter group and will be executed at or after August 24, 2026.

The acquisition represents 0.17% of Inox Wind’s total equity share capital. Both the acquirer and the seller are part of the promoter group of the target company. The shares will be acquired at the ruling market price on the date of acquisition, subject to permissible variances for block deal execution and limits under Regulation 10(1)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The proposed transfer falls under the exemption provided in Regulation 10(1)(a)(ii) of the Takeover Regulations, which allows inter-se transfers among qualifying persons without triggering an open offer. The volume-weighted average market price for Inox Wind shares over the 60 trading days preceding the notice was approximately ₹83.83. The acquirer has declared that the acquisition price will not exceed 25% above this computed price.

Impact on Shareholding Pattern

Following the transfer, Devansh Trademart LLP’s holding in Inox Wind will increase from 14,90,18,522 shares (8.62%) to 15,20,18,522 shares (8.80%). Conversely, Inox Leasing and Finance Limited’s stake will decrease from 47,89,15,610 shares (27.71%) to 47,59,15,610 shares (27.54%).

The overall shareholding of the promoter group remains unchanged at 76,35,13,104 shares, representing 44.18% of the total equity capital. Other promoters, including Aryavardhan Trading LLP (5.99%) and Vivek Kumar Jain (1.85%), retain their existing stakes.

What the Numbers Show

The transaction highlights a consolidation of holdings within specific entities of the promoter group without altering the aggregate control structure. With the promoter group retaining a stable 44.18% stake, the inter-se transfer serves primarily to adjust individual entity exposures rather than signal a change in strategic control or external dilution.