Inox Green Energy Services Limited
Bandhan Mutual Fund initiated a new position in Inox Green Energy Services, acquiring 50,00,266 shares, representing a 1.25% stake in the company. The stake is worth ₹93 Cr at a share price of ₹186.00 apiece.
A leading wind power operation and maintenance service provider in India, Inox Green Energy Services Limited delivers specialized O&M solutions for wind energy assets across the country. Established in 2012 as a subsidiary of Inox Wind Limited, the company focuses on ensuring operational efficiency and technical support for wind power installations. Its expertise in wind energy maintenance distinguishes it within India's renewable energy sector.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.