NSEOutcome of Board Meeting2h ago · 22 Jul 2026, 04:50 pm
Outcome of Board Meeting
Inox Green Energy Services Limited · INOXGREEN
✦ AI SummaryFundraise
Inox Green Energy Services Limited has informed the Exchange regarding Outcome of Board Meeting held on July 22, 2026, where the Board approved raising of funds up to Rs. 600 Crore through issuance of various securities, and authorized the Board Committee to decide the terms and conditions of the proposed fund raise.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Inox Green Energy Services Limited has informed the Exchange regarding Outcome of Board Meeting held on July 22, 2026.
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IGESL: NOI: 2026 22nd July, 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
Subject: Outcome of Board Meeting held on 22nd July, 2026
Dear Madam/Sir,
Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
(“SEBI Listing Regulations”), we wish to inform that the Board of Directors of Inox Green Energy
Services Limited (“the Company”) at their meeting held today i.e. on 22nd July, 2026, inter-alia
have:
1. Approved raising of funds aggregating upto Rs. 600 Crore (Rupees Six Hundred Crore
only), comprising a base issue size of upto Rs. 400 Crore (Rupees Four Hundred Crore only)
and a green shoe option of upto Rs. 200 Crore (Rupees Two Hundred Crore only), (inclusive
of such premium or discount as may be fixed on such Securities) by way of issuance of any
instrument or security for cash, including equity shares, preference shares, fully or partly
convertible debentures, non-convertible debentures with or without warrants, any other
equity based securities or any combination or any other eligible securities thereof in one or
more tranches and/ or one or more issuances, simultaneously or otherwise, including by way
of preferential allotment or a private placement, qualified institutions placement(s) and/ or
any combination thereof or any other method as may be permitted in accordance with the
applicable provisions of the Companies Act, 2013, the Securities and Exchange Board of India
(Issue of Capital and Disclosure Requirements) Regulations, 2018, (each as amended) and
any other applicable law, subject to receipt of necessary approvals as may be required, in
such manner, and on such terms and conditions as may be deemed appropriate by the Board
in its absolute discretion, and to approve ancillary actions for the above mentioned fund raising
subject to the receipt of necessary approvals, including the approval of the Members of the
Company and such other regulatory and statutory approvals as maybe required.
2. Approved the notice convening an Extra-Ordinary General Meeting ("EGM") of the Members
to seek approval for the proposed fund raise; and
3. Authorized the “IGESL Committee of the Board of Directors for Operations” of the Company
to, inter alia, decide the terms and conditions of the proposed fund raise.
The disclosures required under SEBI Listing Regulations in line with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on 30th January, 2026 with respect to the
raising of funds, shall be duly made upon finalization for type of securities and mode of issuance of
securities, within stipulated time frame.
The Board meeting commenced at 3:30 P.M. and concluded at 04:10 P.M.
A copy of this disclosure is being uploaded on the website of the Company at
https://www.inoxgreen.com/
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Inox Green Energy Services Limited
Anup Kumar Jain
Company Secretary