Inox Green Energy Allots 4.89 Cr Shares in Scheme of Arrangement

Inox Green Energy Services Ltd has announced the allotment of 4,89,82,030 fully paid-up equity shares of ₹10 each in Inox Renewable Solutions Limited (IRSL). This allotment is pursuant to a Scheme of Arrangement between Inox Green Energy Services Limited and IRSL, sanctioned by the National Company Law Tribunal. The shares are being issued to eligible shareholders of Inox Green Energy Services Limited as of the Record Date, August 1, 2026, based on a specified share exchange ratio. IRSL is now proceeding with crediting these shares to the respective demat accounts and seeking listing and trading approvals from the stock exchanges.