Our Company was originally incorporated as `Inox Wind Infrastructure Services Limited' at Vadodara, Gujarat as a company limited by shares under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 11, 2012, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Our Company commenced operations pursuant to a certificate for commencement of business dated June 14, 2012, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. The name of our Company was changed to `Inox Green Energy Services Limited', pursuant to a resolution of our Board dated October 6, 2021 and a special resolution passed in extra-ordinary general meeting held on October 21, 2021, pursuant to which a fresh certificate of incorporation was issued by the RoC on October 27, 2021.
Major events and Milestones: 2012 Incorporation of our Company as a public limited company, with the name `Inox Wind Infrastructure Services Limited'
2013 Acquired 100% shareholding of Marut-Shakti Energy India Limited ("MSEIL"), pursuant to a share purchase agreement with MSEIL and its shareholders.
2015 Acquired 100% shareholding of Satviki Energy Private Limited ("SEPL") and Sarayu Wind Power (Tallimadugula) Private Limited ("SWPTPL"), pursuant to share purchase agreements with SEPL and its shareholders and SWPTPL and its shareholders, respectively.
2016 Acquired 100% shareholding of Vinirrmaa Energy Generation Private Limited ("VEGPL"), Sarayu Wind Power (Kondapuram) Private Limited ("SWPKPL") and RBRK Investments Limited ("RBRK") pursuant to share purchase agreements with VEGPL and its shareholders, SWPKPL and its shareholders and RBRK and its shareholders respectively.
2017 Awarded 10 wind power projects of 50 MW each by SECI.
2018 Awarded four wind power projects of 50 MW each and two wind power projects of 100 MW each by SECI.
2020 Divested 100% shareholding in Sri Pavan Energy Private Limited, pursuant to a shareholders agreement entered into with KPR Infra & Projects Limited.
2021 -Divested 100% shareholding in Resco Global Wind Services Private Limited, pursuant to a share purchase agreement with Inox Wind Limited. -Divested 100% shareholding in Marut-Shakti Energy India Limited, Satviki Energy Private Limited, Sarayu Wind Power (Tallimadugula) Private Limited, Vinirrmaa Energy Generation Private Limited, Sarayu Wind Power (Kondapuram) Private Limited and RBRK Investments Limited, pursuant to respective share purchase agreements with Resco Global Wind Services Private Limited. -Changed the name of our Company from `Inox Wind Infrastructure Services Limited to `Inox Green Energy Services Limited'. -Divested the business undertaking, assets and liabilities of the erection and commissioning services of wind turbine generators (EPC) business of our Company on slump sale basis, pursuant to a business transfer agreement with Resco Global Wind Services Private Limited.
2021
Company name has changed to Inox Green Energy Services Ltd. from Inox Wind Infrastructure Services Ltd..
2022
-Divested 100% shareholding in Wind Two Renergy Private Limited to Torrent Power Ltd
-.Divested 100% shareholding each in Wind One Renergy Limited, Wind Three Renergy Limited and Wind Five Renergy Limited to Adani Green Energy Limited.
-Inox Green embarks on inorganic growth journey through its first acquisition ".
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