Inox Green Energy Services Ltd
Fixation of Record date pursuant to Scheme of Arrangement.
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 22 Jul 2026, 08:02 PM IST · BSE ID: 03f5f2ac-cf4b-4e46-874d-a61b21c7cc29
View Original BSE Filing (PDF)
💡
In Simple Terms
The company set August 1, 2026, for shareholders to receive new shares from a demerger.
🤖 AI Summary
- Inox Green Energy Services Limited fixed August 1, 2026, as Record Date for Scheme of Arrangement.
- Shareholders will receive 122 equity shares of IRSL for every 1,000 equity shares held in Inox Green.
- The Scheme of Arrangement between Inox Green and Inox Renewable Solutions Limited has become effective.
- Equity shares of IRSL have a face value of Rs. 10/- each, same as Inox Green equity shares.
- The company confirms no outstanding warrants, making warrant-related exchange ratio inapplicable.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Record Date
Saturday, 1st August, 2026
IRSL shares for every 1000 Inox Green shares
122 equity shares
Face value of IRSL equity shares
Rs. 10/- each
Face value of Inox Green equity shares
Rs. 10/- each
🏢 How This Affects the Company
The demerger, now effective, leads to the separation of business units into Inox Green Energy Services Limited and Inox Renewable Solutions Limited, altering the operational structure of the original entity.
The implementation of the Scheme of Arrangement will result in the allocation of equity shares of Inox Renewable Solutions Limited, affecting the equity structure of Inox Green Energy Services Limited shareholders.
The demerger process has completed the necessary regulatory steps, moving towards the independent operation of the newly formed Inox Renewable Solutions Limited.
The finalization of the demerger reduces the regulatory and execution risks associated with the Scheme of Arrangement previously awaiting effectiveness.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action as the transfer will be processed based on holdings on the record date.
👤
Who Is Affected
Eligible equity shareholders of Inox Green Energy Services Limited holding shares on August 1, 2026, will be entitled to receive shares of Inox Renewable Solutions Limited.
🔍
Management Signal
This action signals management's successful execution and finalization of the corporate restructuring plan, progressing the demerger as intended.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Disbursement of Inox Renewable Solutions Limited shares to eligible shareholders.
Trading commencement of Inox Renewable Solutions Limited shares on exchanges.
Future financial disclosures from both Inox Green and Inox Renewable Solutions.
LOW RISK
The filing confirms the successful completion of a corporate action with defined terms, reducing uncertainty.
💡 Investor Takeaway
The Record Date for the Scheme of Arrangement is August 1, 2026, for Inox Green Energy Services Limited shareholders to receive 122 equity shares of Inox Renewable Solutions Limited for every 1,000 shares held, as the scheme is now effective.
⚖️ Strengths & Concerns
✅ Positives
- The Scheme of Arrangement has become effective, signifying successful completion of regulatory and shareholder approval processes.
- A clear record date of August 1, 2026, and a defined share exchange ratio provide transparency for shareholders.
📅 Company Track Record
A previous filing on March 14, 2026, indicated NCLT approval for the demerger of Inox Green Energy Services Limited, with 99.781% shareholder approval, pending final regulatory order. This current filing confirms the scheme's effectiveness.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the Record Date for Inox Green Energy Services' Scheme of Arrangement?
The Record Date for the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited is Saturday, August 1, 2026.
What is the share exchange ratio for the Inox Green Energy Services demerger?
Eligible shareholders of Inox Green Energy Services Limited will receive 122 equity shares of Inox Renewable Solutions Limited (IRSL) for every 1,000 equity shares held in Inox Green Energy Services Limited.
What is the face value of the equity shares of Inox Renewable Solutions Limited (IRSL)?
The equity shares of Inox Renewable Solutions Limited (IRSL) have a face value of Rs. 10/- each.
Has the Scheme of Arrangement between Inox Green and Inox Renewable Solutions become effective?
Yes, the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited has become effective.
Questions based on this BSE filing only. For information purposes.