Inox Green Energy Services Limited has informed the Exchange regarding allotment of 6896550 securities pursuant to Preferential Issue at its meeting held on January 23, 2026
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Inox Green Energy Services Limited has allotted 68,96,550 securities to certain investors through a preferential issue. The allotment was approved at a board meeting held on January 23, 2026. The company has informed the stock exchange about this development. No details on pricing, the identity of allottees, or the use of proceeds are mentioned in the headline announcement.
This expands the company's share capital and may lead to dilution for existing shareholders. The actual impact on the stock will depend on the issue price and the purpose for which the funds are being raised, which are not disclosed in this filing.