Inox Green Energy Services Limited has scheduled a conference call for analysts and institutional investors to discuss its audited financial results for the quarter and financial year ended March 31, 2026. The meeting is set to take place on May 29, 2026, at 5:00 P.M. IST, providing a platform for the company's leadership to address shareholder queries following the results announcement.

The conference call is being conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Devansh Jain, Executive Director of the INOXGFL Group, will lead the discussion alongside senior management representatives from the company.

Conference Call Details

The event offers multiple access options for domestic and international participants. Attendees are advised to dial in 10 minutes prior to the scheduled start time to ensure timely connection.

The call will also be accessible via a web link for those preferring an online connection. JM Financial Institutional Securities Limited is facilitating the invite for the earnings conference call, which will also include participation from Inox Wind Ltd.

Investors and market participants can reach out to Mr. Sudhanshu Bansal at JM Financial Institutional Securities Limited for further information regarding the event. The company has advised that the management discussion may include forward-looking statements subject to risks and uncertainties.

Inox Green Energy Services Limited has announced that its Scheme of Arrangement involving the demerger of its Power Evacuation Business into Inox Renewable Solutions Limited has become effective from 4 May 2026. Both the Demerged Company and the Resulting Company filed the certified copy of the National Company Law Tribunal (NCLT), Ahmedabad Bench order with the Registrar of Companies on 4 May 2026. The Appointed Date for the scheme remains 1 October 2024, as previously sanctioned under Sections 230 to 232 of the Companies Act, 2013.

This development follows the company's earlier communication dated 28 April 2026, wherein it had informed the exchanges about the receipt of the certified copy of the NCLT order approving the scheme. The NCLT order was originally pronounced on 13 March 2026, and the certified copy was received by the company on 27 April 2026. Upon effectiveness, the Power Evacuation Business, including all assets, liabilities, rights, and obligations, stands transferred to and vested in Inox Renewable Solutions Limited.

Key Scheme Milestones

The following table summarises the key dates and milestones associated with the scheme:

Share and Warrant Entitlement Ratio

The valuation exercise for determining the share and warrant entitlement ratio was carried out by M/s Finvox Analytics, a registered valuer entity. The valuation report was independently examined by M/s Marwadi Chandarana Intermediaries Brokers Private Limited, a SEBI registered Category-I Merchant Banker, which issued a fairness opinion. The entitlement ratios are as follows:

Stakeholder Approval

The scheme had received approval from all requisite classes of stakeholders through meetings conducted on 1 November 2025 and 2 November 2025 via video conferencing facilitated by National Securities Depository Limited (NSDL). For Inox Green Energy Services Limited, 178 unsecured creditors representing an outstanding debt of Rs. 1,27,21,20,716 voted in favour. The meeting was attended by 5 warrant holders holding 4,20,68,962 share warrants, representing 100% of total outstanding warrants. Three secured creditors having an outstanding debt of INR 26,01,57,000, representing 100% in value, approved the scheme. Additionally, 65 equity shareholders holding 20,63,95,597 equity shares, representing 56.24% in value, approved the resolution.

For Inox Renewable Solutions Limited, 3 secured creditors having an outstanding debt of INR 2,35,78,10,236, representing 75.45% in value, approved the scheme. The meeting was attended by 144 unsecured creditors having outstanding debt of INR 5,56,10,78,506, representing 83.27% in value. Two debenture holders holding 1,25,29,45,205 debentures, representing 100% in value, also approved the scheme.

Regulatory Compliance and Conditions

The NCLT has directed both companies to comply with various statutory requirements, including filing e-Form INC-28 along with the certified copy of the order with the Registrar of Companies within thirty days. The companies must also file a certified copy of the order before the concerned Superintendent of Stamps for adjudication of stamp duty, if any payable. Both companies are required to comply with all applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular dated 20.06.2023. Inox Renewable Solutions Limited shall additionally comply with the provisions of the Foreign Exchange Management Act, 1999 and the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 in relation to issuance of shares to non-resident shareholders, if applicable. The sanction of the scheme shall not affect the rights of the Income Tax Department to assess, reassess, recover or initiate appropriate proceedings in relation to any past, present or future tax liabilities of the petitioner companies.