BSECompany Update24 Aug 2026 · 24 Aug 2026, 08:29 pm
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.
Inox Green Energy Services Ltd · 543667
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Inox Green Energy Services Ltd has informed about the 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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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Inox Green Energy Services Ltd - 543667 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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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