Scheme of Arrangement
M&AWatchNotablemateriality 74 out of 100
What happened
FactScheme of Arrangement. Tribunal, Chandigarh Bench (“NCLT”) approving the Scheme of Arrangement between Inox Wind.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnEarlierFY24
Our manufacturing capacity now stands at around 2.5 GW across our four facilities.
NowFY25
We have recently operationalised a new nacelle and hub facility near Ahmedabad, enabling larger-scale execution.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationDetected a change between two statements on this topic.confidence 60%
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- For FY '26, we expect to achieve a consolidated revenue of over INR 5,000 crore, translating to over 35% Y-o-Y (management committed by FY26)
- Inox Green is well on its way to achieve its target portfolio of 6 GW by FY26 and 10 GW in the next 3-4 years, (management committed by FY26)
Evidence
- Inox Wind Limited has informed the Exchange about Intimation of Effective Date of the Scheme of Arrangement(opens the original filing in a new tab)
- Earlier statement · FY24
- Latest statement · FY25
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- MERGER base 74; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%