Business Update15 May 2026, 06:01 pm
Inox Green Energy: Monitoring Agency Report for Mar 2026
AI Summary
Inox Green Energy Services Ltd submitted the Monitoring Agency Report by CARE Ratings for the quarter ended March 31, 2026, as per SEBI regulations regarding the utilization of proceeds from a preferential issue. The report, reviewed by the Audit Committee and Board on May 14, 2026, indicates no deviation from the intended use of funds. The preferential issue amounted to ₹1050 crore, with ₹966.30 crore received as of March 31, 2026.
Key Highlights
- Inox Green Energy filed Monitoring Agency Report for quarter ended March 31, 2026.
- CARE Ratings issued the report as the Monitoring Agency.
- Report confirms no deviation from the objects of the preferential issue.
- Preferential issue size is ₹1050 crore, with ₹966.30 crore received.
- The report was reviewed by the Audit Committee and Board of Directors.
Price Impact
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