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Inox Green Energy board approves proposal to raise Rs 900 cr via IPO

The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale OFS of equity shares by certain shareholders to the tune of Rs 400 crore, Inox Wind said in a BSE filing.Board of Directors of our Companys material subsidiary, Inox Green Energy Services Ltd Earlier known as Inox Wind Infrastructure Services Ltd IGESL in their meeting held today i.e. May 9, 2022, has accorded a fresh approval to the fundraising.

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