Inox Green Energy Services Limited — Updates, 18-07-2025: Scheme of Arrangement
18-07-2025 | 07:14 pm
18-07-2025 | 07:14 pm
Inox Green Energy Services Limited has received crucial clearances from BSE and NSE for its proposed Scheme of Arrangement with Inox Renewable Solutions Limited. Both stock exchanges have issued 'no adverse observation' letters, signaling their approval for the corporate restructuring. This significant step allows the company to now file the demerger scheme with the National Company Law Tribunal (NCLT) for final authorization. This progress is vital for shareholders as it moves the company closer to streamlining its business and potentially paving the way for Inox Renewable Solutions Limited's future listing, enhancing clarity and value.
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