Inox Wind Limited
American Funds (Capital Group) decreased its stake in Inox Wind Limited from 3.98% to 2.17%, reducing its holding by 3,11,60,290 shares. Disclosed transactions earlier in the quarter accounted for 1,40,26,367 shares of this overall change.
A vertically integrated wind energy solutions provider, Inox Wind manufactures wind turbine generators and delivers end-to-end turnkey solutions across India's renewable energy sector. The company serves independent power producers, utilities, public sector units, corporates, and retail investors. Operating as a fully integrated player, Inox Wind designs, manufactures, and deploys wind energy systems, positioning itself as a comprehensive renewable energy partner for diverse customer segments.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.