Inox Green Energy Services Limited (INOXGREEN) has announced the allotment of 68,96,550 equity shares of face value ₹10 each, at a price of ₹145 per share. This allotment follows the conversion of unlisted convertible warrants, which were issued on a preferential basis at ₹145 per warrant. The decision for this allotment was made by the IGESL Committee of the Board of Directors for Operations at its meeting held on 23rd January 2026. This action is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had received prior approvals for this preferential issue from its Board of Directors on 26th June 2024, shareholders on 18th July 2024, and in-principle approvals from BSE and NSE on 24th July 2024. These newly allotted equity shares will hold the same rights as existing equity shares concerning dividends and voting. Following this allotment, the company's paid-up equity share capital has increased to ₹381,60,20,450/-.
