Inox Green Energy Services Limited has informed the Exchange regarding Notice of Court Convened General Meeting to be held on November 01, 2025
INOXGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has directed Inox Green Energy Services Limited to hold meetings of its equity shareholders, warrant holders, secured creditors, and unsecured creditors to consider and approve a Scheme of Arrangement between Inox Green (the Demerged Company) and Inox Renewable Solutions Limited (the Resulting Company) under Sections 230-232 of the Companies Act, 2013. The NCLT order was passed on September 8, 2025. All four meetings are scheduled for Saturday, November 1, 2025, via video conferencing, with equity shareholders meeting at 10:30 A.M. The remote e-voting window runs from October 28 to October 31, 2025, and the cut-off date for shareholder eligibility is October 25, 2025.
Shareholders and warrant holders should review the scheme document carefully and vote in the upcoming NCLT-convened meeting, as approval will move the demerger/restructuring forward. The outcome could materially reshape the company's business structure and per-share value, depending on the swap ratio and terms in the final scheme.