Allotment of 6896550 securities pursuant to Preferential Issue at its meeting held on January 23, 2026
As filed · Inox Green Energy Services Limited has informed the Exchange regarding allotment of 6896550 securities pursuant to Preferential Issue at its meeting held on January 23, 2026
What happened
FactINOX Green Energy Services Limited has informed that, following resolutions passed by the Board of Directors and shareholder approvals, equity shares have been allotted upon the conversion of convertible warrants. The newly allotted shares will rank equally with existing shares in terms of dividend and voting rights. The company's paid-up equity share capital has increased to Rs. 381,60,20,450.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
RevisedFor FY '27, we expect our consolidated revenue to grow by around 75% over FY '26 with EBITDA margin of 20%-22%.
Rest assured, it is 50% as the guidance we always maintain.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- Further, we are substantially upgrading our full year FY '26 EBITDA margin guidance to 20-22% versus 18%-19% e (management committed by FY26)
- For FY '26, we expect to achieve a consolidated revenue of over INR 5,000 crore, translating to over 35% Y-o-Y (management committed by FY26)
Evidence
- Inox Green Energy Services Limited has informed the Exchange regarding allotment of 6896550 securities pursuant to Preferential Issue at its meeting held on January 23, 2026(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%