Inox Green Energy Services Limited has informed the Exchange about General UpdatesIncrease in Promoter/Promoter Group Shareholding in the Company
INOXGREEN · price
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Inox Green Energy Services Limited has informed the stock exchanges that Devansh Trademart LLP, part of the company's Promoter Group, acquired 15,000 equity shares through open market purchases on 10th June 2025. As a result, the total Promoter/Promoter Group shareholding in the company has increased to 55.96% on the current issued capital and 56.95% on a fully diluted basis. This is a relatively small incremental purchase but signals continued promoter confidence in the company.
The promoter group's continued accumulation of shares through open market is generally viewed as a positive signal of insider confidence, though the incremental size of 15,000 shares is small and unlikely to materially move the stock price.