Inox Green Energy Services Limited — Others, 14-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Inox Green Energy Services has reported on the utilization of funds from its preferential issue. Out of a total target of Rs. 1,050 Crore, the company has received Rs. 592.50 Crore to date. These funds have been primarily used for strategic purposes: Rs. 109.64 Crore was utilized for debt repayment, and Rs. 282.53 Crore was invested in subsidiaries. The company has confirmed that there has been no deviation or variation from the originally disclosed objectives for fund utilization, providing transparency to shareholders on how capital has been deployed.