Inox Green Energy Services Limited — Others, 14-05-2025: Monitoring Agency Report

Inox Green Energy Services Limited has shared a Monitoring Agency Report on the use of Rs. 1050 crore raised via its Preferential Issue. So far, Rs. 109.64 crore has gone to debt repayment, Rs. 275.95 crore invested in subsidiaries, and Rs. 35.58 crore spent on general corporate purposes. The remaining funds are parked in money market instruments and scheduled banks. Utilization matches the company’s planned objectives, with no delays or deviations, supporting debt reduction, subsidiary growth, and day-to-day operations.