Inox Green Energy Services Limited has informed the Exchange about Increase in Promoter/Promoter Group Shareholding in the Company
INOXGREEN · price
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Awaiting price reaction for this filing.
Devansh Trademart LLP, part of the promoter group of Inox Green Energy Services, acquired 25,000 equity shares through the open market on 20th June 2025. As a result, the total promoter and promoter group shareholding in the company rose to 55.97% of the current issued capital and 56.96% on a fully diluted basis. This is a small acquisition relative to the overall promoter holding, indicating continued confidence from the promoter group. The company has informed both BSE and NSE about this change as required under SEBI Listing Regulations.
This signals continued promoter confidence in the company, though the 25,000-share purchase is a marginal increase and unlikely to move the stock price meaningfully. Existing shareholders may view the rising promoter stake as a mildly positive signal of insider belief in the company's value.