Inox Green Energy Services Limited has informed the Exchange regarding Notice of Postal Ballot
INOXGREEN · price
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Inox Green Energy Services Limited has dispatched a Postal Ballot Notice to shareholders seeking approval to alter the Object Clause of its Memorandum of Association. The proposed change aims to expand the company's business scope beyond wind energy to include solar, hybrid, and other renewable energy projects, along with operations and maintenance (O&M) services across the renewable energy value chain. The Board approved the proposal on 30th May 2025, and the change requires shareholder approval through a Special Resolution. E-voting via NSDL will run from 11th June 2025 (9:00 AM) to 10th July 2025 (5:00 PM), with the cut-off date set as 6th June 2025. Results will be announced on or before 14th July 2025.
Approval would allow the company to diversify into the wider renewable energy sector, including solar and hybrid projects, potentially unlocking new revenue streams beyond its current wind energy focus. Shareholders need to vote during the e-voting window for their approval or dissent to count.