Inox Green acquires wind energy firm I-Fox Windtechnik

Inox Green acquires wind energy firm I-Fox Windtechnik

It has paid Rs 35,947.71 per share, to acquire a 51 per cent stake in I-Fox Windtechnik.

FPJ Web DeskUpdated: Thursday, February 02, 2023, 07:36 PM IST
article-image
Image credit: Inox Green (Representative)

According to an exchange filing, renewable energy giant Inox Green has acquired a majority stake in I-Fox Windtechnik India, to expand its wind energy business.

It has paid Rs 35,947.71 per share, to acquire a 51 per cent controlling stake in the target company.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Anand Mahindra reposts images of Bolero turned into railway vehicle for bridge inspection

Anand Mahindra reposts images of Bolero turned into railway vehicle for bridge inspection

SEBI refuses to comment on Adani; allows private funds to sponsor MFs

SEBI refuses to comment on Adani; allows private funds to sponsor MFs

Alibaba to explore fresh IPOs after splitting into 6 firms based on sectors

Alibaba to explore fresh IPOs after splitting into 6 firms based on sectors

Bajaj Consumer Care buys back over 3 lakh shares for Rs 154.19

Bajaj Consumer Care buys back over 3 lakh shares for Rs 154.19

Tata Consumer re-appoint L. Krishnakumar as Group CFO

Tata Consumer re-appoint L. Krishnakumar as Group CFO