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Inox Green Energy Services seeks to open a Qualified Institutions Placement of equity shares
24-Sep-2026, 07:14

Inox Green Energy Services Limited (IGESL) has authorized the opening of a Qualified Institutions Placement of equity shares with a floor price of Rs 174.36 per share, according to a regulatory filing on Thursday, September 24, 2026. The company’s Operations Committee approved the placement, which was previously authorized by the board of directors and shareholders, and may offer a discount of up to 5% on the floor price, with the issue price to be determined in consultation with the book running lead manager. Trading in the company's securities has been suspended for designated persons and their immediate relatives from September 24, 2026, until 48 hours after the issue price is determined.