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.
INOXGREEN · price
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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.
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.