Intimation of effective date of Scheme of Arrangement/ Demerger

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

INOXGREEN · price

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Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹189.70

prior close

₹190.10

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%+0.3% vs market

Diversified Commercial Services peers, median of 78sector+0.0%+0.3% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.3 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

-0.7

10m

-0.8

15m

-0.6

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-0.1+0.3+0.0+0.3

Next day

+1.7+1.5+0.2+1.0+0.7

+2.1+3.1-1.0+1.8+0.3

+0.5+3.0-2.5+1.0-0.4

-0.3+1.6-1.8+1.3-1.6

-4.6-1.6-3.0-0.7-3.9

-4.9-0.6-4.3-1.4-3.5

15d

-5.3+2.2-7.5-1.3-4.0

-8.6+2.6-11.1-0.5-8.1

+8.9+8.9-0.0-1.9+10.7

-5.6+11.4-17.1-1.7-3.9

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 78Pending

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

AI summary

Inox Green Energy Services Limited (the Demerged Company) has announced that its Scheme of Arrangement with Inox Renewable Solutions Limited (the Resulting Company) has become effective from 4th May, 2026. Both companies have filed the certified copy of the Hon'ble NCLT order approving the scheme with the Registrar of Companies. The Appointed Date for the demerger has been fixed as 1st October, 2024. This follows the earlier receipt of NCLT approval order dated 28th April, 2026.

Likely market impact

Shareholders of Inox Green Energy Services will receive shares in the newly formed Inox Renewable Solutions Limited as part of this demerger. The stock may see increased volatility or speculation around the terms of the share entitlement ratio in the coming days.