INOXGREENNSEInox Green Energy Services Limited· Commercial Services & SuppliesHighNeutral
Announced Mon, 3 Nov, 2025 · 19:33 IST

Inox Green Energy Services Limited has submitted the Exchange a copy Srutinizers report of Court Convened General Meeting held on November 01, 2025. Further, the company has informed the Exchange regarding voting results.

Nclt Scheme FiledStrategic Transactions View source PDFExplain this filing

INOXGREEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.6%Reaction day
₹272.50
prior close
₹275.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%+0.2% vs market
Diversified Commercial Services peers, median of 72sector-0.8%+0.2% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.2 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
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10m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
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Next day
-5.3-2.4-2.9-1.7-3.7
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15d
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1m
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2m
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3m
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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Inox Green Energy Services Limited has filed the voting results and scrutinizer's report for the NCLT-convened meeting held on November 1, 2025, for its Scheme of Arrangement with Inox Renewable Solutions Limited (where Inox Green is the Demerged Company and Inox Renewable Solutions is the Resulting Company). The scheme was approved by the required majority of three-fourths in value across all four stakeholder groups — equity shareholders, warrant holders, secured creditors, and unsecured creditors. About 69.71% of equity shares participated in voting, with 99.78% voting in favour and only 0.219% against. Public shareholders also voted overwhelmingly in favour (5.04 crore shares for vs. 5.6 lakh against). Warrant holders and secured creditors approved the scheme unanimously. The next step is the final NCLT sanction of the scheme.

Likely market impact

The scheme has cleared a major milestone with shareholder and creditor approvals, bringing it closer to final NCLT sanction. If approved, the demerger will reorganize the businesses between Inox Green and Inox Renewable Solutions, which could affect shareholding structure and business focus of Inox Green going forward.