Description
63,55,701 equity shares of INOX GREEN ENERGY SERVICES LIMITED issued at Rs. 145/- on preferential basis pursuant to warrant conversion listed and permitted to trade from December 30, 2025.
Summary
BSE has listed 63,55,701 equity shares of INOX GREEN ENERGY SERVICES LIMITED (Scrip Code: 543667) issued on preferential basis to non-promoters pursuant to conversion of warrants. The shares will be available for trading from Tuesday, December 30, 2025. All shares carry a lock-in period until June 29, 2026.
Key Points
- Total Shares Listed: 63,55,701 equity shares of Rs. 10/- each
- Issue Price: Rs. 145/- per share (Rs. 10 face value + Rs. 135 premium)
- Allotment Method: Preferential basis to non-promoters through warrant conversion
- Trading Commencement: December 30, 2025
- ISIN: INE510W01014
- Ranking: Pari-passu with existing equity shares
- Scrip Code: 543667
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members are informed of the new securities available for trading
- All 63,55,701 shares are subject to lock-in restrictions until June 29, 2026
- Shares rank pari-passu with existing equity shares of the company
Important Dates
- First Allotment Date: October 27, 2025 (49,04,520 shares, Dist. Nos. 367016790 to 371921309)
- Second Allotment Date: November 4, 2025 (14,51,181 shares, Dist. Nos. 371921310 to 373372490)
- Trading Start Date: December 30, 2025
- Lock-in Expiry Date: June 29, 2026 (for all 63,55,701 shares)
Impact Assessment
Market Impact: Minimal immediate impact as all shares are locked-in until June 29, 2026, preventing immediate selling pressure. The preferential allotment to non-promoters increases the public shareholding.
Operational Impact: Increases the total outstanding equity shares of INOX GREEN ENERGY SERVICES LIMITED. The warrant conversion adds Rs. 92.15 crores to the company’s equity capital (63,55,701 shares × Rs. 145).
Investor Impact: Existing shareholders may experience minor dilution. The shares being issued to non-promoters at Rs. 145/- indicates the pricing at the time of warrant issuance.
Impact Justification
Routine listing of preferentially allotted shares post-warrant conversion. Limited market impact as shares are locked-in until June 2026.