Inox Green Energy Services Limited Receives NCLT Approval for Scheme of Arrangement with Inox Renewable Solutions Limited
Published on: April 29, 2026, 2:10 a.m. | Source: scanx.trade
Inox Green Energy Services Limited has received approval from the National Company Law Tribunal, Ahmedabad Bench, for its Scheme of Arrangement involving the demerger of its Power Evacuation Business into Inox Renewable Solutions Limited. The order was pronounced on 13 March 2026, and a certified copy was received by the company on 27 April 2026. The appointed date for the demerger is 01 October 2024, and the scheme will become effective upon filing the certified copy with the Registrar of Companies, Gujarat. The scheme received approval from all requisite classes of stakeholders including equity shareholders, warrant holders, secured creditors, and unsecured creditors of both companies.
