
Corporate Action22 Jul 2026, 08:10 pm
Inox Green Sets Aug 1, 2026 Record Date for Scheme of Arrangement
AI Summary
Inox Green Energy Services Limited has announced Saturday, August 1, 2026, as the Record Date for its Scheme of Arrangement with Inox Renewable Solutions Limited (IRSL). This date will determine the eligible equity shareholders of Inox Green who are entitled to receive shares of IRSL. The approved share exchange ratio is 122 equity shares of IRSL (face value ₹10/- each) for every 1,000 equity shares (face value ₹10/- each) held in Inox Green Energy Services Limited. The company confirmed no outstanding warrants, making the warrant-related exchange ratio inapplicable.
Key Highlights
- Record date set for Scheme of Arrangement.
- August 1, 2026, is the record date.
- Shareholders to receive IRSL shares.
- Exchange ratio: 122 IRSL shares for 1,000 Inox Green shares.
Price Impact
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