Corporate Action24 Sept 2026, 10:02 pm
Inox Green Energy Opens QIP Issue at ₹174.36/Share
AI Summary
Inox Green Energy Services Ltd (IGESL) announced the opening of its Qualified Institutions Placement (QIP) issue. The Operations Committee of the Board has authorized the opening of the issue on September 24, 2026, with a floor price set at ₹174.36 per equity share. This follows approvals from the Board of Directors and shareholders. The company has also fixed the 'relevant date' and approved the preliminary placement document. The trading window for designated persons remains closed until 48 hours after the issue price determination.
Key Highlights
- IGESL's Operations Committee approved opening the QIP issue.
- Floor price for the QIP is set at ₹174.36 per equity share.
- Relevant date for QIP pricing fixed as September 24, 2026.
- Trading window closed for designated persons until issue price determination.
Price Impact
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