Record date fixed for IGESL-IRSL demerger scheme

Demerger Ratio AnnouncedStrategic Transactions View source PDF Explain this filing

INOXGREEN · price

Loading chart…

▲ 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

-2.7%Reaction day

₹192.85

prior close

₹194.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.7%-2.0% vs market

Diversified Commercial Services peers, median of 75sector+0.0%-2.7% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 2.7 pts less 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

+1.4

10m

+0.8

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.7-2.0+0.0-2.7

Next day

-0.9-0.3-0.6-0.2-0.6

+2.9+1.1+1.9+0.0+2.9

+0.4-0.2+0.7-1.1+1.5

-5.1+0.2-5.3+0.0-5.1

-8.1-0.3-7.8-0.2-7.9

-11.2+2.1-13.3+0.1-11.3

15d

-2.9+4.6-7.4+1.2-4.0

-8.5+5.6-14.1-0.8-7.7

-9.1+7.2-16.3-2.9-6.2

-42.3-4.7-37.7-11.4-30.9

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 75Pending

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

AI summary

Inox Green Energy Services (Demerged Company) has fixed 1st August 2026 as the Record Date for its demerger scheme with Inox Renewable Solutions (IRSL, Resulting Company). Eligible shareholders will receive 122 equity shares of IRSL (face value Rs 10) for every 1,000 shares held in IGESL. The scheme has already become effective. No outstanding warrants exist, so warrant ratio is not applicable.

Likely market impact

Shareholders on record as of 1 Aug 2026 will receive IRSL shares at a 122:1000 ratio. Expect IGESL share price to adjust to reflect demerged entity value.