Acquisitions29 Jan 2026, 02:59 pm
Inox Leasing and Finance Acquires 4.95% Stake in Inox Green Energy Services
AI Summary
Inox Leasing and Finance Limited (ILFL), a promoter group company of Inox Green Energy Services Limited (IGESL), along with persons acting in concert (PAC), has acquired 1,98,90,000 equity shares of IGESL upon conversion of Convertible Warrants. This represents 4.95% of the Equity Share Capital of IGESL after the said acquisition.
Key Highlights
- ILFL, a promoter group company of IGESL, acquired 1,98,90,000 equity shares of IGESL upon conversion of Convertible Warrants.
- This acquisition represents 4.95% of the Equity Share Capital of IGESL after the said acquisition.
- The acquisition was made on 28th January, 2026.
- ILFL and PAC already held 57.68% of the total diluted capital of IGESL before the acquisition.
- After the acquisition, ILFL and PAC hold 62.18% of the total diluted capital of IGESL.