Schedule a Call Back
Inox Green Energy Services approved for Rs 10.50 billion fundraise

According to the approved plan, the company intends to issue more than 20.89 million equity shares at an issue price of Rs 138 per share, inclusive of a premium of Rs 128 per share, totalling up to Rs 4 billion, to non-promoter entities.
Additionally, Inox Green Energy Services plans to issue over 40.48 million convertible warrants, each entitling the holder to subscribe to one equity share with a face value of Rs 10 each, at a price of Rs 145 per warrant, inclusive of a premium of Rs 135 per warrant. This issuance will occur in one or more tranches, aggregating up to Rs 6.50 billion, and will be available to both promoter and non-promoter entities.
Inox Green Energy Services, a subsidiary of the INOX GFL Group, operates within the sector of providing operation and maintenance (O&M) services, as well as common infrastructure facilities for wind turbine generators.


Subscribe Now
Subscribe to our Newsletter & Stay updated
RECENT POSTS
Popular Tags
Folliow us
Related Stories
MYCRANE Launches Auction Tool to Make Crane Rental Faster
MYCRANE, the first global platform for online crane rental, has launched a powerful new MYCRANE Auction feature, designed to improve transparency...
HAVER & BOECKER Marks a Century of Fascinating Engineering
HAVER & BOECKER is celebrating 100 years of the Machinery Division. It kicked off the year-long festivities in May by hosting customers and ind...
EVMS Raises Concern Over Illegal E-Rickshaw Operations
The Electric Vehicle Manufacturers' Society (EVMS), representing more than 200 organised and MSME EV manufacturers across India, held a press confe...