Inox Green Energy Services QIP Closes at ₹165.65/Share

Date: 29th September, 2026

Board Meeting Outcomes

The Committee of the Board of Directors for Operations (Operations Committee) of Inox Green Energy Services Limited met on 29th September, 2026 and approved the following decisions regarding the Qualified Institutions Placement (QIP):

• Approved the closure of the Qualified Institutions Placement on 29th September, 2026 after receiving application forms and funds in the escrow account from eligible qualified institutional buyers
• Determined and approved the allocation of 1,81,10,473 Equity Shares at an Issue Price of ₹165.65 per Equity Share (including premium of ₹155.65 per Equity Share)
• The Issue Price represents a discount of ₹8.71 per share (5%) on the floor price of ₹174.36 per Equity Share
• The floor price was determined according to the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations
• Approved and adopted the Placement Document dated 29th September, 2026 in connection with the Issue
• Approved and finalized the confirmation of allocation note to be sent to eligible qualified institutional buyers

Additional Details

• The Placement Document is available on the company's website at https://www.inoxgreen.com
• The document will be filed with the stock exchanges on 29th September, 2026
• The meeting commenced at 9:00 PM and concluded at 9:30 PM on 29th September, 2026