Announced Wed, 22 Jul · 20:02 IST
Record date fixed for IGESL-IRSL demerger scheme
INOXGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹192.85
prior close
₹194.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+0.8+0.4+0.1-0.9+2.9————————
Up moveDown movePending
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.