Inox Green Energy Services Limited has informed the Exchange regarding allotment of 19890000 securities pursuant to Preferential Issue at its meeting held on January 28, 2026
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Inox Green Energy Services Limited has informed the stock exchange about the allotment of 19,890,000 (approximately 1.99 crore) securities pursuant to a Preferential Issue. The allotment was approved at the company's meeting held on January 28, 2026. This means the company has issued new shares/securities directly to selected investors rather than to the general public. No details on pricing, investor names, or use of proceeds have been disclosed in this filing.
Shareholders should note a potential dilution of their stake due to the issuance of new securities. The overall impact on the stock price will depend on the issue price and the identity of the allottees, which are not mentioned in this announcement.