A consortium comprising INOXGFL Group companies and Authum Investment & Infrastructure Limited has been declared the successful resolution applicant for Wind World India Limited's corporate insolvency resolution process. The Committee of Creditors approved the resolution plan, with the Resolution Professional issuing a letter of intent on February 19, 2026.

Consortium Structure and Financial Commitment

The acquisition involves a strategic partnership between established renewable energy players and infrastructure investors. Under the approved resolution plan, different consortium members will acquire specific business segments of Wind World India.

Asset Allocation and Business Segments

The resolution plan strategically divides Wind World India's operations among consortium members based on their core competencies. Wind World India operates across multiple renewable energy segments with substantial operational capacity.

Wind World India's Operational Profile

Wind World India Limited, incorporated in 2003 and headquartered in Daman, has maintained consistent revenue growth despite undergoing corporate insolvency resolution process since February 2018. The company's diversified renewable energy operations span manufacturing, independent power production, and operations & maintenance services.

Strategic Rationale and Implementation Timeline

Authum Investment views the acquisition as an opportunity to partner with marquee strategic investors while generating value through asset monetization. The company's INR 350 crore financial commitment focuses on acquiring identified real estate and other assets from Wind World India's portfolio.

The resolution plan includes provisions for potential debt or equity infusion by Authum Investment in Wind World India upon implementation, subject to agreement with the lead member. The acquisition is expected to complete within 60 days from the National Company Law Tribunal's approval of the resolution plan.

Regulatory Approvals and Next Steps

The resolution plan requires approval from the National Company Law Tribunal, Ahmedabad Bench, and potentially other courts or tribunals under applicable laws. The transaction represents a non-related party acquisition for Authum Investment, with no promoter group interest in the target entity.

For INOXGFL Group, the acquisition strengthens their integrated renewable energy platform, while Authum Investment gains exposure to renewable energy sector assets through strategic real estate holdings. The consortium approach enables specialized focus on different asset categories within Wind World India's diversified portfolio.

Inox Wind Limited has notified stock exchanges regarding the transmission of equity shares within its promoter group. The company filed the intimation under Regulations 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Transmission Details

The transmission involved 1,27,032 equity shares previously held by Late Shri Devendra Kumar Jain, a member of the promoter and promoter group. These shares were transmitted to Shri Vivek Kumar Jain, who is also a member of the promoter and promoter group, on 16th February, 2026.

Updated Shareholding Position

Following the transmission, Shri Vivek Kumar Jain's aggregate shareholding in the company has increased significantly. His total holding now stands at 3,20,09,472 equity shares, representing 1.85% of the company's paid-up share capital.

Promoter Group Changes

As a result of this transmission, Late Shri Devendra Kumar Jain has ceased to be part of the promoter and promoter group of the company. The company has indicated that his name will be deleted from the shareholding pattern accordingly. This represents a formal restructuring within the promoter group while maintaining the shares within the same group structure.

The company secretary Deepak Banga signed the intimation digitally on 18th February, 2026, ensuring compliance with regulatory disclosure requirements.