INOX India Limited disclosed that Ms. Lata Madhusudan Rungta, a member of its promoter group, disposed of 7,500 equity shares. The transaction was carried out in compliance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The shares were sold through open market transactions on the National Stock Exchange (NSE), reducing her stake in the company.

Transaction Details

Ms. Rungta sold 7,500 equity shares, representing 0.008% of the company's paid-up equity share capital. The total value of the transaction was reported at ₹1,10,29,550, excluding taxes, brokerage, and other charges. The sale occurred on May 21, 2026. The company was intimated about this transaction on May 25, 2026.

Change in Holdings

Following the disposal, Ms. Rungta's shareholding in the company has been adjusted. The table below details the change in her holdings:

Compliance and Mode

The mode of acquisition/disposal was confirmed as 'On Market'. There were no trading activities reported in the derivatives segment by the promoter group member during this period. The disclosure was submitted by Jaymeen Patel, Company Secretary & Compliance Officer of INOX India Limited.

INOX India has secured multiple orders worth ₹322 crore since April 2026, marking a strong start to the first quarter of fiscal year 2027. The orders span the company's Industrial Gas, Cryo-scientific Solutions, and LNG business segments, reinforcing its position in the cryogenic technology market.

Order Breakdown

The total order value of ₹322 crore is distributed across key verticals. The Industrial Gas segment led with the largest share, followed by LNG and Cryo-scientific solutions.

Key Developments

The order book received a significant boost from a 'Mega' order in the Industrial Gas segment from a global private space exploration company. This specific order involves large-scale cryogenic storage tanks with a capacity of 1,500 m³. Additionally, the company secured 'Minor' orders for IMO tanks and liquid cylinders within the same segment.

In the LNG vertical, INOX India won multiple 'Minor' orders for LNG Semi Trailers and Dispensers. The Cryo-scientific segment recorded a 'Large' order from CERN for cryogenic modules, along with several other lower-value orders.

Executive Commentary

Deepak Acharya, Chief Executive Officer of INOX India, stated that these orders mark an excellent beginning to FY27 and provide clear forward visibility on growth. He highlighted that the healthy product mix demonstrates consistent demand for high-quality cryogenic solutions across various industries and geographies.