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Inox Wind acquires step-down subsidiary - Resco Global Wind Services

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Capital Market
Last Updated : Oct 19 2021 | 1:31 PM IST
Inox Wind has entered into a share purchase agreement on 18 October 2021 with its subsidiary, Inox Wind Infrastructure Services (IWISL) to acquire the entire issued and paid up equity share capital of Resco Global Wind Services, a step down subsidiary company.

Consequent upon the said acquisition, Resco Global Wind Services which was earlier a step down subsidiary shall become the Company's direct wholly owned subsidiary.

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First Published: Oct 19 2021 | 12:57 PM IST

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