NSEGeneral Updates30 Sept 2026 · 30 Sept 2026, 12:05 am
General Updates
Inox Green Energy Services Limited · INOXGREEN
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Inox Green Energy Services Limited has informed the Exchange about the Qualified Institutions Placement of equity shares, closure of the issue, allocation of shares, and filing of the placement document.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Inox Green Energy Services Limited has informed the Exchange about General Updates
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IGESL_30092026000531_1IGESL_SE_Outcome_2026_IssueClosingdsc.pdf
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IGESL: NOI: 2026 29th September, 2026
The Secretary The Secretary
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex
Dalal Street Bandra (E)
Mumbai 400 001 Mumbai 400 051
Scrip code: 543667 NSE Symbol: INOXGREEN
Dear Sir/Madam,
Re: Qualified institutions placement of equity shares of face value of Rs. 10 each (the
“Equity Shares”) by Inox Green Energy Services Limited (the “Company”) under
the provisions of Chapter VI of Securities and Exchange Board of India (Issue of
Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI
ICDR Regulations”), and Sections 42 and 62 of the Companies Act, 2013 (including
the rules made thereunder), as amended (the “Issue”)
Sub: Outcome of the meeting of the IGESL Committee of the Board of Directors for
Operations
Please refer to our earlier intimation dated 24th September, 2026, whereby we had informed the Stock
Exchanges about the meeting of the Committee of the Board of Directors for Operations (the
“Operations Committee”) and the opening of the Qualified Institutions Placement ("Issue") on 24th
September, 2026.
We wish to inform you that the Operations Committee at its meeting held today, i.e. 29th September,
2026, has, inter alia, considered and approved the following:
a. Approved the closure of the Issue today (i.e. 29th September, 2026) pursuant to the receipt of
application forms and the funds in the escrow account from the eligible qualified institutional
buyers in accordance with the terms of the Issue;
b. Determined and approved the allocation of 1,81,10,473 Equity Shares at an Issue price of
Rs. 165.65 per Equity Share (the “Issue Price”) (including premium of Rs. 155.65 per Equity
Share) and a discount of Rs.8.71 per share (i.e. 5%) on the floor price of Rs. 174.36 per Equity Share,
in accordance with the SEBI ICDR Regulations upon the closure of the Issue, determined according
to the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity
Shares to be allotted to the eligible qualified institutional buyers in the Issue;
c. Approved and adopted the Placement Document dated 29th September, 2026 in connection with
the Issue. Copy of the same is being also made available on the website of the Company at
https://www.inoxgreen.com ; and
d. Approved and finalized the confirmation of allocation note to be sent to eligible qualified
institutional buyers, intimating them of the allocation of Equity Shares pursuant to the Issue.
In this relation we will file the placement document dated 29th September, 2026 with your office on 29th
September, 2026.
The meeting of the Operations Committee commenced at 9:00 PM and concluded at 09:30 PM.
We request you to kindly take this on record, and the same be treated as compliance under the
applicable regulations of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended.
Thanking you
Yours faithfully,
For Inox Green Energy Services Limited
Anup Kumar Jain
Company Secretary