NSEScheme of Arrangement24 Aug 2026 · 24 Aug 2026, 08:23 pm

Scheme of Arrangement

Inox Green Energy Services Limited · INOXGREEN

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Inox Green Energy Services Limited has informed the stock exchanges about the allotment of 489,820,300 equity shares of Inox Renewable Solutions Limited to eligible shareholders as per the Scheme of Arrangement. The Record Date was fixed as 1st August, 2026, and the allotment was made in accordance with the share exchange ratio specified in Clause 7 of the Scheme.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Intimation regarding allotment of equity shares pursuant to the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited and their respective shareholders

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IGESL_24082026202300_IGESL_SE_intimation_Allotment_IRSL_24082026.pdf

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IGESL: NOI:2026 24th August, 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 Scrip code: INOXGREEN Subject: Intimation regarding allotment of equity shares pursuant to the Scheme of Arrangement between Inox Green Energy Services Limited (“IGESL” or “the Company”) and Inox Renewable Solutions Limited (“IRSL”) and their respective shareholders (“Scheme”) Dear Sir/ Madam, This is in continuation to our earlier letter dated 22nd July, 2026 wherein we had informed that the Record Date was fixed as 1st August, 2026 for the purpose of determining the equity shareholders of Inox Green Energy Services Limited (“the Company”), who were entitled to receive fully paid-up equity shares of Inox Renewable Solutions Limited (“IRSL”), in accordance with the share exchange ratio specified in Clause 7 of the Scheme, as sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench vide its order dated 13th March, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the ‘IRSL Committee of the Board of Directors for Operations’ of IRSL at its meeting held today, i.e., 24th August, 2026, has allotted in aggregate 4,89,82,030 (Four Crore Eighty Nine Lakh Eighty Two Thousand and Thirty) fully paid-up equity shares of Rs. 10/- each of IRSL, in accordance with the Scheme, to the eligible shareholders of the Company as on the Record Date. Further, IRSL is taking necessary steps for crediting the aforesaid equity shares to the respective demat accounts of the eligible shareholders of the Company and for obtaining the listing and trading approvals for the said equity shares from the Stock Exchanges. We request you to take the above on record. Thanking you, For Inox Green Energy Services Limited Anup Kumar Jain Company Secretary