NCLT Approves Demerger of Power Evacuation Business from Inox Green Energy Services Limited
Published on: March 14, 2026, 6:42 p.m. | Source: scanx.trade
The National Company Law Tribunal, Ahmedabad Bench, has approved the Scheme of Arrangement for demerger of Power Evacuation Business from Inox Green Energy Services Limited to Inox Renewable Solutions Limited. The order was pronounced on March 13, 2026, with appointed date of October 1, 2024. The scheme received unanimous approval from all stakeholder meetings and aims to establish focused business entities with enhanced operational efficiency.
