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, 10:27 PM IST · BSE ID: 2952142f-5631-4924-a388-3ee0b6f1eda2
View Original BSE Filing (PDF)
💡
In Simple Terms
Inox Green set August 1, 2026, to determine who gets shares in the new company, Inox Renewable Solutions.
🤖 AI Summary
- August 1, 2026, fixed as the Record Date for the Inox Green Energy Services demerger scheme.
- Shareholders will receive 122 equity shares of IRSL for every 1,000 equity shares held in IGESL.
- Equity shares of both IRSL and IGESL have a face value of Rs. 10/- each.
- The Scheme of Arrangement between Inox Green Energy Services and Inox Renewable Solutions is now effective.
- Inox Green Energy Services has no outstanding warrants, simplifying the share exchange process.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Record Date
1st August, 2026
IRSL shares for every 1,000 IGESL shares
122 equity shares
Face Value per share (IRSL and IGESL)
Rs. 10/- each
🏢 How This Affects the Company
This formalizes the operational separation of Inox Green Energy Services' business segments into two distinct entities.
The demerger will lead to the creation of a new, separately listed entity, Inox Renewable Solutions Limited, altering the existing capital structure of Inox Green Energy Services Limited.
The demerger implementation will lead to two distinct corporate structures, potentially optimizing focus for each business segment.
This clarifies the shareholder entitlement, reducing uncertainty regarding the demerger's completion and share allocation process.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must hold Inox Green Energy Services Limited shares in their demat account as of August 1, 2026, to be eligible.
👤
Who Is Affected
All equity shareholders of Inox Green Energy Services Limited as of the record date will be entitled to receive new shares of Inox Renewable Solutions Limited, based on a 122:1000 ratio.
🔍
Management Signal
The management is progressing with the corporate restructuring as planned, fulfilling the previously announced demerger scheme through regulatory procedures.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Distribution of Inox Renewable Solutions Limited shares to eligible shareholders.
Listing date announcement for Inox Renewable Solutions Limited on exchanges.
First financial results of the newly separated Inox Renewable Solutions Limited.
LOW RISK
The filing confirms completion of the demerger process steps with a fixed record date.
💡 Investor Takeaway
Inox Green Energy Services has fixed August 1, 2026, as the record date for its demerger scheme. Eligible shareholders will receive 122 equity shares of Inox Renewable Solutions Limited (face value Rs. 10/- each) for every 1,000 equity shares held in Inox Green.
⚖️ Strengths & Concerns
✅ Positives
- The demerger scheme has become effective, confirming the legal and regulatory completion of the separation process.
- Record date fixation provides clarity for shareholders on eligibility for Inox Renewable Solutions Limited shares.
📅 Company Track Record
Previous filings indicated the NCLT had approved the demerger scheme on March 14, 2026, following 99.781% shareholder approval. This record date fixation follows the scheme becoming effective, progressing towards final separation and listing of Inox Renewable Solutions.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the record date for the Inox Green Energy Services demerger?
The record date for the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited is Saturday, 1st August, 2026.
What is the share exchange ratio for Inox Renewable Solutions Limited (IRSL) shares?
Shareholders will receive 122 equity shares of IRSL (face value Rs. 10/- each) for every 1,000 equity shares (face value Rs. 10/- each) held in Inox Green Energy Services Limited.
Are there any outstanding warrants to be considered in the demerger scheme?
No, Inox Green Energy Services Limited confirmed that as of the filing date, the Company does not have any outstanding warrants.
Has the Scheme of Arrangement become effective?
Yes, the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited and their respective shareholders has become effective.
Questions based on this BSE filing only. For information purposes.