Inox Green Energy Services Merger & Restructuring
Inox Green Energy Services Limited announced the allotment of 4,89,82,030 equity shares of Inox Renewable Solutions Limited pursuant to an NCLT-sanctioned Scheme of Arrangement.
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Inox Green Energy Services Limited announced the allotment of 4,89,82,030 equity shares of Inox Renewable Solutions Limited pursuant to an NCLT-sanctioned Scheme of Arrangement.
Inox Green Energy Services will acquire the O&M business of Wind World (India) for up to ₹550 Crore following NCLT approval of the resolution plan.
Inox Green Energy Services Limited has fixed August 1, 2026, as the record date for its demerger scheme involving Inox Renewable Solutions Limited.
Inox Green Energy Services Limited's Scheme of Arrangement with Inox Renewable Solutions Limited became effective on May 4, 2026. Both entities have filed the Hon’ble NCLT Ahmedabad Bench's order with the Registrar of Companies. The appointed date for this demerger scheme is October 1, 2024, facilitating corporate restructuring and value unlocking for shareholders.
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.