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Inox Green Energy Services Expands Equity Capital Through Warrant Conversion

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Inox Green Energy Services Expands Equity Capital Through Warrant Conversion

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The latest update is out from Inox Green Energy Services Ltd. ( (IN:INOXGREEN) ).

Inox Green Energy Services Limited has announced the allotment of 1,230,505 equity shares following the conversion of convertible warrants. This move, approved by the company’s board and shareholders, increases the company’s paid-up equity share capital and aligns with its strategic financial operations. The newly issued shares will have the same rights as existing shares, impacting the company’s capital structure and potentially influencing its market position.

More about Inox Green Energy Services Ltd.

Inox Green Energy Services Limited, previously known as Inox Wind Infrastructure Services Ltd., operates in the renewable energy sector, focusing on providing energy services. The company is part of the Inox Group and is headquartered in Noida, Uttar Pradesh, India.

Average Trading Volume: 186,312

Technical Sentiment Signal: Buy

Current Market Cap: 81.2B INR

Learn more about INOXGREEN stock on TipRanks’ Stock Analysis page.

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