Inox Green Energy Services Limited has scheduled its 26th Extraordinary General Meeting (EGM) for August 13, 2026, to seek shareholder approval for raising funds up to ₹600 crore and a material related party transaction. The meeting will be held through Video Conferencing at 3:00 P.M. IST. The fund raising comprises a base issue size of up to ₹400 crore and a green shoe option of up to ₹200 crore. The company intends to issue equity shares and other eligible securities through modes such as Qualified Institutions Placement, preferential allotment, or private placement to strengthen its financial resources and support growth initiatives.

The board also approved an omnibus proposal to avail guarantees and other credit enhancement support from its promoter, Inox Wind Limited, for an aggregate amount of up to ₹500 crore. This support is intended to facilitate banking facilities and contractual commitments. The transaction is classified as a material related party transaction under SEBI regulations, as the proposed amount exceeds 10% of the company's annual consolidated turnover of ₹281 crore for the financial year ended March 31, 2026. The Audit Committee reviewed the proposal on July 22, 2026.

Shareholders registered as of August 6, 2026, will be eligible to vote. Remote e-voting will commence on August 10, 2026, at 9:00 A.M. IST and conclude on August 12, 2026, at 5:00 P.M. IST. The facility to vote during the EGM will also be available. The board authorized the "IGESL Committee of the Board of Directors for Operations" to determine the specific terms and conditions of the fund raise and the related party transactions.

Inox Wind Limited, the promoter of Inox Green Energy Services Limited , has confirmed that it has not created any encumbrance on the company's shares. The declaration, submitted on April 08, 2026, covers the promoter and any persons acting in concert. This disclosure ensures that no additional charges or liens have been placed on the equity shares beyond those previously disclosed to the stock exchanges under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Group Declarations

Two members of the promoter group also submitted separate declarations confirming the absence of encumbrances. Devansh Trademart LLP and Inox Leasing and Finance Limited verified that they had not created any direct or indirect encumbrance on the equity shares of Inox Green Energy Services Limited during the financial year ended March 31, 2026.

The following table details the entities that submitted the declarations:

Regulatory Compliance

The filings were made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Deepak Banga, Company Secretary of Inox Wind Limited, signed the promoter's declaration. Vivek Kumar Jain, Designated Partner of Devansh Trademart LLP and Director of Inox Leasing and Finance Limited, signed the declarations on behalf of the promoter group entities.