Announced Wed, 22 Jul · 19:28 IST
Notice of 26th EGM on Aug 13 for 600 Cr fundraising and related party deal
Board & Shareholder Meetings View source PDF
INOXGREEN · price
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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹192.85
prior close
₹194.00
base price
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AI summary
Inox Green Energy Services has called its 26th EGM on Aug 13, 2026 at 3 PM via video conferencing. Two items on the agenda. First, a special resolution to raise up to Rs 600 Crore (base Rs 400 Crore plus additional Rs 200 Crore) through equity shares or other eligible securities. Second, approval for a material related party transaction with promoter Inox Wind Limited for credit support and guarantees up to Rs 500 Crore. E-voting runs Aug 10 to 12.
Likely market impact
Potential equity dilution from Rs 600 Crore raise and Rs 500 Crore related party credit deal with parent Inox Wind to be voted on Aug 13.