Hot Pursuit     18-Jul-26
Inox Green Energy board to mull fundraising on 22 July
Board to explore multiple fundraising avenues, including QIP and preferential allotment.
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.

Previous News
  Inox Green Energy board OKs fund raising proposal
 ( Hot Pursuit - 22-Jun-24   17:00 )
  Inox Green Energy Services to consider Fund Raising
 ( Corporate News - 18-Jul-26   10:11 )
  Inox Green Energy gains on bagging long-term O&M deal for 182 MW wind projects
 ( Hot Pursuit - 12-Aug-25   09:57 )
  Inox Green Energy Services reports consolidated net profit of Rs 21.32 crore in the March 2024 quarter
 ( Results - Announcements 03-May-24   17:29 )
  Inox Green Energy Services to conduct EGM
 ( Corporate News - 11-Nov-23   13:46 )
  Inox Green Energy Services consolidated net profit rises 10.75% in the September 2024 quarter
 ( Results - Announcements 25-Oct-24   18:39 )
  Inox Green Energy Services consolidated net profit declines 73.92% in the March 2025 quarter
 ( Results - Announcements 31-May-25   07:45 )
  Inox Green Energy Services to table results
 ( Corporate News - 04-Aug-26   11:51 )
  Inox Green Energy Services consolidated net profit rises 399.82% in the March 2026 quarter
 ( Results - Announcements 30-May-26   15:46 )
  Board of Inox Green Energy Services to consider matters related to NCDs
 ( Corporate News - 21-Dec-22   09:06 )
  Inox Green Energy Services reports standalone net loss of Rs 0.76 crore in the March 2024 quarter
 ( Results - Announcements 03-May-24   16:56 )
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