Inox Green Energy Services (IGESL) is planning to raise funds by way of issuance of one or more securities including equity shares, convertible securities of any description or warrants, through preferential issue, private placement, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/ statutory approvals as maybe required, including the approval of shareholders of the Company and to approve such ancillary actions for the above mentioned fund raising as may be required. A Meeting of the Board of Directors of the company is scheduled to be held on June 26, 2024, inter-alia to consider, evaluate and approve the same.
Inox Green Energy Services is one of the major wind power operations and maintenance (O&M) service providers within India. The Company is engaged in the business of providing long-term O&M services for wind projects.
