{"id":445158,"date":"2021-10-26T08:22:03","date_gmt":"2021-10-26T02:52:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445158"},"modified":"2021-10-26T09:05:32","modified_gmt":"2021-10-26T03:35:32","slug":"inox-wind-arm-inks-share-purchase-agreement-to-divest-stake-in-six-firms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/inox-wind-arm-inks-share-purchase-agreement-to-divest-stake-in-six-firms\/","title":{"rendered":"Inox Wind arm inks share purchase agreement to divest stake in six firms"},"content":{"rendered":"<p>Inox Wind on Monday said its arm Inox Wind Infrastructure Services Ltd (IWISL) has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services.<\/p>\n<p>The six arms are Marut-Shakti Energy India, Sarayu Wind Power (Kondapuram) Pvt Ltd, Sarayu Wind Power (Tallimadugula) Pvt Ltd, Vinirrmaa Energy Generation, Satviki Energy Pvt Ltd and AABPWNE RBRK Investments Ltd.<\/p>\n<p>&#8220;As a part of strategic business restructuring, the company&#8217;s material subsidiary, IWISL has entered into a share purchase agreement today to sell the entire issued and paid up equity share capital of its&#8230;six wholly-owned subsidiaries to its fellow subsidiary, Resco Global Wind Services Private Ltd for cash consideration at par,&#8221; a BSE statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inox Wind on Monday said its arm Inox Wind Infrastructure Services Ltd (IWISL) has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services. The six arms are Marut-Shakti Energy India, Sarayu Wind Power (Kondapuram) Pvt Ltd, Sarayu Wind Power (Tallimadugula) Pvt Ltd, Vinirrmaa Energy Generation, Satviki Energy Pvt Ltd and AABPWNE RBRK Investments Ltd. &#8220;As a part of strategic business restructuring, the company&#8217;s material subsidiary, IWISL has entered into a share purchase agreement today to sell the entire issued and paid up equity share capital of its&#8230;six wholly-owned [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-445158","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=445158"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445158\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}