Inox Green Energy Services Limited — Others, 31-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

Inox Green Energy Services Limited has submitted a statement confirming there were no deviations or variations in the utilization of proceeds from its recent preferential issue for the quarter ended 31st December 2024. The ₹1,050 crores raised has been used in line with the stated purposes, including debt repayment and investment in subsidiaries. This affirmation indicates robust financial governance and could bolster investor confidence, suggesting a stable operational strategy. The continued alignment of fund usage with initial objectives may present a positive outlook for the company's financial health and governance practices.