<h1>NCLT Orally Approves Resolution Plan for Wind World, Paving Way for Asset Acquisition</h1>
The National Company Law Tribunal (NCLT), Ahmedabad Bench, orally pronounced an order on July 27, 2026, approving a resolution plan concerning Wind World (India) Limited (WWIL). The approval concerns the plan submitted by a consortium comprising Inox Neo Energies Limited and Authum Investment & Infrastructure Limited.
This decision follows earlier information regarding the committee of creditors’ approval of the same resolution plan, which had been initially put forward by the Consortium.
The approved Resolution Plan, dated February 13, 2026, along with an addendum dated May 20, 2026, dictates the future ownership and operational status of WWIL's assets.
Under the terms of the Resolution Plan, INOXGFL Group companies are set to acquire two primary areas:
- The independent power producer (IPP) and power sale undertaking; and
- The operations and maintenance (O&M) business of WWIL.
Furthermore, Authum and/or its affiliates are designated to take ownership of certain identified real estate assets and other assets belonging to WWIL as stipulated in the Resolution Plan.
INOXGREEN Stock Price Movement
Inox Green Energy Services Limited shares slipped today, closing at ₹194.68 after shedding 2.69% of their value. The stock traded within a daily range bounded by ₹193.05 and ₹201.7, with over 1.5 million shares changing hands during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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