Inox Green Energy Services has announced the allotment of 1,98,90,000 equity shares following the conversion of convertible warrants. This allotment was approved at a meeting held on January 28, 2026. Post allotment, the company’s paid-up share capital increased to Rs. 401,49,20,450. The newly allotted shares will rank equally with existing equity shares.
Equity Share Allotment
Inox Green Energy Services Limited announced the allotment of 1,98,90,000 equity shares, each with a face value of Rs. 10, priced at Rs. 145 per share (including a premium of Rs. 135 per share). This decision followed a meeting on January 28, 2026.
Details of Warrant Conversion
The allotment was made following a request for the conversion of 1,98,90,000 convertible warrants, from a total holding of 2,75,86,206 warrants. The remaining 76,96,206 warrants have been cancelled, with the upfront 25% of the issue price received earlier forfeited.
Impact on Share Capital
Following the allotment, the paid-up share capital of the company has increased from Rs. 381,60,20,450 to Rs. 401,49,20,450.
Share Ranking
The newly allotted equity shares will rank equally with the company’s existing equity shares in all respects, including dividend payments and voting rights.
Outstanding Warrants
Currently, there are no outstanding convertible warrants within the company.
Source: BSE
