Inox Green Energy Services Limited has allotted 68,96,550 equity shares as of January 23, 2026. These shares, with a face value of ₹10 each, were issued at a price of ₹145 per share (including a premium of ₹135) to non-promoter warrant holders who requested conversion and paid the balance 75% of the issue price. The allotment follows board and shareholder resolutions from June and July 2024.
Equity Share Allotment
Inox Green Energy Services Limited announced the allotment of equity shares following the conversion of convertible warrants. The decision was finalized during a committee meeting on January 23, 2026.
Key Details of the Allotment
A total of 68,96,550 equity shares have been allotted. The face value of each share is ₹10, with an issue price of ₹145 per equity share, including a premium of ₹135. This allotment was made to non-promoter warrant holders who had requested the conversion of their warrants and fulfilled the payment of the remaining 75% of the issue price.
Background and Approvals
The allotment is based on resolutions previously approved by the Board of Directors on June 26, 2024, and the shareholders on July 18, 2024. These approvals pertained to the allotment of 4,48,27,582 unlisted convertible warrants on a preferential basis at an issue price of ₹145 per warrant. The final decision was made by the IGESL Committee on August 2, 2024.
Impact on Share Capital
Following the allotment, the Paid-up Equity Share Capital of the company has increased to ₹381,60,20,450.
Share Ranking
The newly allotted equity shares will rank equally with the existing equity shares of the Company in all aspects, including dividend payments and voting rights.
Source: BSE
