Inox Wind Limited
Nippon India Mutual Fund took a new position in Inox Wind, acquiring 1,96,48,408 shares valued at ₹153.53 Cr, representing a 1.14% stake in the company.
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's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.