INOX Green Energy Services Demerger Record Date Fixed for August 1

As per Notice No. 20260728-46 dated 28 July 2026, the Exchange has announced the record date for the Demerger involving INOX Green Energy Services Limited.

Under the approved scheme, the Renewable Solutions undertaking of INOX Green Energy Services Limited will be demerged and vested into INOX Renewable Solutions Limited (Resulting Company). Shareholders whose names appear in the company's records on the record date will be eligible to receive shares in the resulting company.

Key Highlights

What This Means for Shareholders

Eligible shareholders of INOX Green Energy Services Limited whose names appear in the company's records as of the record date (1 August 2026) will receive shares of INOX Renewable Solutions Limited in accordance with the approved demerger scheme.

The demerger transfers the Renewable Solutions business into a separate listed entity while existing shareholders continue to hold their shares in INOX Green Energy Services and receive additional shares in the resulting company based on the prescribed entitlement ratio.

Entitlement Illustration

If an investor holds 1,000 equity shares of INOX Green Energy Services Limited on the record date, they will be entitled to receive:

122 equity shares of INOX Renewable Solutions Limited (Face Value ₹10 each).

The entitlement will be credited in accordance with the scheme and applicable exchange procedures.

Trading Information

Pursuant to the applicable SEBI Circular, the trading of INOX Green Energy Services Limited shares will be transferred from 'A' Group to 'T' Group with effect from 31 July 2026, as specified in the exchange notice.

Conclusion

The demerger aims to separate the Renewable Solutions business into an independent company, allowing both businesses to pursue focused growth strategies. Shareholders on record as of 1 August 2026 will receive shares in INOX Renewable Solutions Limited as per the approved share entitlement ratio.