Inox Green Energy Services Ltd Share Price – NSE /  BSE

Miscellaneous, Small Cap

Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 22 July 2026.

Inox Green Energy Services said its board will meet on 22 July 2026 to consider a proposal to raise funds.

The board will evaluate multiple fundraising options, including a qualified institutions placement (QIP), preferential allotment, private placement, and the issuance of other eligible securities.

The company said it may raise capital through equity shares, preference shares, fully or partly convertible debentures, non-convertible debentures with warrants, other equity-linked securities, or a combination of these instruments in one or more tranches, with or without a greenshoe option.

The board will also consider convening an extraordinary general meeting (EGM) or initiating a postal ballot process, if required, to seek shareholders' approval for the proposed fundraising and related matters.

The proposed fund raise will be subject to the necessary shareholder, regulatory, and statutory approvals, the company said in an exchange filing.

Inox Green Energy Services is a wind power operation and maintenance (?O&M?) service provider within India. It is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (?WTGs?) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs.

On a consolidated basis, Inox Green Energy Services' net profit surged 399.82% to Rs 27.79 crore while net sales rose 6.40% to Rs 68.67 crore in Q4 March 2026 over Q4 March 2025.

Shares of Inox Green Energy Services fell 2.36% to Rs 186 on Friday, 17 July 2026.

Powered by Capital Market - Live News

Inox Green Energy Services will hold a meeting of the Board of Directors of the Company on 29 May 2026.

Inox Green Energy Services (IGESL) announced that the Committee of Creditors (CoC) of Wind World (India) (WWIL) has, on 19 February 2026, approved the resolution plan submitted by the consortium comprising Inox Neo Energies (INEL/Lead Member) and Authum Investment & Infrastructure (Unrelated Member) (together, the ?Consortium?), under Section 30(4) of the Insolvency and Bankruptcy Code, 2016.

Under the transaction, Inox Clean ? the Group's renewable energy platform engaged in developing, owning and operating utility-scale wind, solar and hybrid assets ?will acquire Wind World India's Independent Power Producer (IPP) portfolio through its subsidiary Inox Neo. Inox Green ? one of India's leading renewable O&M service provider with a large and diversified portfolio across multiple states ? will acquire Wind World India's Operations & Maintenance (O&M) arm.

Wind World India has manufacturing, IPP and O&M operations. Wind World India, directly and through its subsidiaries, has a combined installed IPP capacity of approximately 600 MW, with wind farms spread across seven key wind-rich states: Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh.

Additionally, Wind World India's O&M portfolio stands at nearly 4.5 GW, servicing a marquee client base that includes leading corporates such as the Tata Group, ReNew, Greenko Group, Apraava Energy and Hindustan Zinc, amongst others.

With this acquisition, Inox Clean expands its IPP portfolio with operational wind assets across key wind corridors. Inox Clean is setting new growth benchmarks and has established a solid base to achieve its medium-term targets of 10 GW of installed IPP capacity and 11 GW of integrated solar manufacturing capacity by FY28.

Meanwhile, Inox Green, a part of the INOXGFL Group, a leading listed renewables O&M company, has ~13.3 GWp assets under its management. Inox Green is on a massive growth journey and on course to be the largest renewable O&M company in India.

Powered by Capital Market - Live News