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Merger & Restructuring

Inox Green Energy Services Merger & Restructuring

Inox Green Energy Services Limited received NCLT approval for the demerger of its Power Evacuation Business into Inox Renewable Solutions Limited. The restructuring aims to consolidate business verticals and unlock value. The demerger is effective from the appointed date of October 01, 2024, resulting in two distinct listed entities.

Source

NSE filing, NSE: INOXGREEN. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Inox Green Energy Services Ltd: key numbers

Share price
₹101.82
Market cap
₹4,272 Cr
Revenue (annual)
₹281.0 Cr
Net profit (annual)
₹102.4 Cr
P/E (TTM)
35.1×Sector 21.3×
Promoter holding
53.70%-2.42% QoQ
FII holding
8.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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