Description

63,55,701 equity shares of INOX GREEN ENERGY SERVICES LIMITED listed on BSE effective December 30, 2025, issued on preferential basis pursuant to conversion of warrants.

Summary

BSE has listed 63,55,701 equity shares of INOX GREEN ENERGY SERVICES LIMITED (Scrip Code: 543667) with effect from December 30, 2025. These shares were issued at a premium of Rs. 135/- per share to non-promoters on a preferential basis pursuant to conversion of warrants. The new shares rank pari-passu with existing equity shares and are subject to lock-in 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)
  • Issued to: Non-promoters on preferential basis
  • Basis: Conversion of warrants
  • Trading commencement: December 30, 2025
  • Scrip Code: 543667
  • ISIN: INE510W01014
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for new securities.

Compliance Requirements

  • Trading members are informed about the listing of new securities
  • All 63,55,701 shares are subject to lock-in restrictions until June 29, 2026
  • Shares allotted in two tranches with distinct distribution numbers for tracking

Important Dates

  • First Allotment Date: October 27, 2025 (49,04,520 shares)
  • Second Allotment Date: November 4, 2025 (14,51,181 shares)
  • Trading Commencement: December 30, 2025
  • Lock-in Expiry: June 29, 2026
  • Notice Date: December 29, 2025

Impact Assessment

Market Impact: Low. This is a routine listing of preferentially allotted shares following warrant conversion. The shares represent dilution for existing shareholders but the lock-in period until June 2026 prevents immediate selling pressure.

Operational Impact: Minimal. The listing process is standard and does not affect trading operations for existing shares. The new shares will trade alongside existing equity shares with the same rights and privileges.

Investor Impact: Non-promoter investors who converted their warrants now have tradable securities (subject to lock-in). Existing shareholders experience dilution from the 63.56 lakh additional shares in circulation.

Impact Justification

Routine listing of new equity shares issued on preferential basis to non-promoters. Represents dilution of approximately 6.36 million shares with lock-in period until June 2026.