Inox Green Energy Services Ltd

Inox Green Energy Services Ltd, through its subsidiary Vibhav Energy Private Limited (VEPL), has completed the payment of ₹550 crore for the transfer of Wind World India Limited's (WWIL) 4.5 GW wind O&M business. This acquisition, approved by the NCLT, will be consolidated into VEPL, in which Inox Green will hold a 75% stake. WWIL's O&M portfolio generated approximately ₹580 crore in FY26 and serves marquee clients across key wind-rich states. The transaction is expected to significantly boost Inox Green's O&M portfolio, currently around 13.3 GWp, and contribute to its goal of exceeding 20 GW+ capacity. The deal's multiple is approximately 2x EBITDA, based on expected earnings after synergy realization.

Inox Green Energy Services Ltd (through its subsidiary Vibhav Energy Private Limited) has acquired the operation and maintenance (O&M) business undertaking of Wind World (India) Limited (WWIL) for ₹550 Crore. The acquisition, approved by the NCLT, was executed via a Business Transfer Agreement. Inox Green infused ₹450 Crore into Vibhav via equity and inter-corporate deposits, while Authum Investment & Infrastructure Limited contributed ₹100 Crore. The transaction is subject to conditions precedent outlined in the BTA. This move is part of the resolution plan for WWIL.

Inox Green Energy Services Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from October 1st, 2026, and will remain in place until 48 hours after the declaration and submission of the unaudited financial results for the quarter and half-year ending September 30th, 2026. The company is adhering to SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal code of conduct. During this period, designated persons and their immediate relatives will face trading restrictions, with depositories implementing this by freezing their PAN at the security level. This measure aims to prevent insider trading and ensure fair market practices.

Inox Green Energy Services Ltd (IGESL) announced the closure of its Qualified Institutions Placement (QIP) issue on September 29, 2026. The company approved the allocation of 1,81,10,473 equity shares at an issue price of ₹165.65 per share, which includes a premium of ₹155.65 and a discount of ₹8.71 (5%) on the floor price of ₹174.36. This pricing was determined in accordance with SEBI ICDR Regulations. The Operations Committee also approved the placement document and finalized the confirmation of allocation notes to be sent to eligible qualified institutional buyers. The QIP opened on September 24, 2026, and closed on September 29, 2026.

Inox Green Energy Services Ltd (IGESL) has successfully completed a Qualified Institutions Placement (QIP), allotting 1,81,10,473 equity shares at an issue price of ₹165.65 per share. The total amount raised aggregates to ₹299,99,99,852.45 (₹299.99 Crore). The issue price represents a discount of 5% to the floor price of ₹174.36 per share. This placement increases the company's paid-up equity share capital from ₹401.49 Crore to ₹419.60 Crore. The QIP opened on September 24, 2026, and closed on September 29, 2026. The trading window, closed since September 24, 2026, will reopen on October 2, 2026.

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.

Inox Green Energy Services Ltd (IGESL) has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as per SEBI Listing Regulations. The report details the company's operations, including 76.11% of turnover from Operation & Maintenance services and 23.89% from sale of other services. IGESL operates in 8 states nationally and has a paid-up capital of ₹401,49,20,450. The company emphasizes its role in providing comprehensive O&M services for wind energy assets to diverse clients like IPPs and Public Sector Power Utilities. The report is filed on a standalone basis, with no external assurance provider.

Inox Green Energy Services Limited has announced its 14th Annual General Meeting (AGM) scheduled for September 25, 2026. The company has also released its Annual Report for the Financial Year 2025-26, which includes the AGM notice. The report is available on the company's website and has been dispatched to shareholders. The AGM will be conducted via Video Conferencing/Other Audio-Visual Means, with e-voting facility available from September 22 to September 24, 2026. The report details the company's operations, strategy, and financial performance, highlighting its role in India's renewable energy sector and its integrated capabilities within the INOXGFL Group.

Inox Green Energy Services Ltd has announced its 14th Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM will be held on September 25, 2026, at 12:00 Noon IST, conducted entirely through Video Conferencing/Other Audio-Visual Means (VC/OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ending March 31, 2026, and the re-appointment of Shri Manoj Dixit as a Director and Whole-time Director. The cut-off date for e-voting eligibility is September 18, 2026, with remote e-voting open from September 22 to September 24, 2026. Shri Manoj Dixit's re-appointment as Whole-time Director is proposed for two years from October 8, 2026, with a remuneration of up to ₹85,00,000 per annum.

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.