INOXGREEN

- Vibhav Energy Private Limited, a wholly-owned subsidiary of Inox Green Energy Services Limited, has converted inter-corporate deposits (ICDs) aggregating to Rs. 150 Crore into equity shares. - Inox Green converted ICDs worth Rs. 50 Crore into 5 Crore equity shares, and Authum Investment & Infrastructure Limited converted ICDs worth Rs. 100 Crore into 10 Crore equity shares. - Consequent to these allotments, Inox Green's shareholding in Vibhav stands at 75% and Authum's shareholding stands at 25%. - Vibhav has thus ceased to be a wholly-owned subsidiary and continues to be a subsidiary of Inox Green.

- Inox Green Energy Services Limited completed payment for the transfer of Wind World India's (WWIL) 4.5 GW Wind O&M business via its subsidiary VEPL. - Total consideration for the transaction, inclusive of taxes, is ₹550 crore. - WWIL's O&M business achieved a turnover of approximately ₹580 crore in FY26. - Post-completion, Inox Green will own a 75% stake in VEPL, boosting its total O&M portfolio to ~13.3 GWp.

- Inox Green's wholly owned subsidiary, Vibhav Energy, executed a Business Transfer Agreement with Wind World (India) Limited (WWIL) to acquire its O&M business for ₹550 Crore. - Vibhav fully paid the ₹550 Crore lump sum purchase consideration on 6th October, 2026. - Inox Green funded ₹450 Crore into Vibhav via ₹250 Crore equity subscription and a ₹200 Crore inter-corporate deposit (ICD). - Authum Investment infused the remaining ₹100 Crore via ICD, which is convertible into equity/securities at a future date.

- Inox Green Energy Services Limited approved the allotment of 1,81,10,473 equity shares via Qualified Institutions Placement (QIP). - The shares were allotted to 20 QIBs at an issue price of ₹165.65 per share. - Total capital raised aggregates to approximately ₹300 crore. - Paid-up equity share capital increased from ₹401.49 crore to ₹419.60 crore. - Trading window opens on October 2, 2026.

- Inox Green Energy Services Limited closed its Qualified Institutions Placement (QIP) on 29th September, 2026. - Approved the allocation of 1,81,10,473 Equity Shares at an issue price of ₹165.65 per share. - The issue price reflects a 5% discount on the floor price of ₹174.36 per equity share. - Adopted the Placement Document dated 29th September, 2026.

- Inox Green Energy Services Limited announced the opening of its Qualified Institutions Placement (QIP) on September 24, 2026. - The floor price for the issue has been set at ₹174.36 per equity share, with a potential discount of up to 5%. - Trading window for designated persons remains closed from September 24, 2026, until 48 hours after the issue price determination.

- Inox Green Energy Services Limited voluntarily withdrew credit ratings assigned by CRISIL for its banking facilities, with consent from lenders. - The company continues to maintain 'ACUITE AA-| Stable' for long-term and 'ACUITE A1+' for short-term banking facilities from Acuite Ratings & Research Limited.

- Inox Green Energy Services Limited received credit ratings from Acuite Ratings & Research Limited on August 27, 2026. - Long-term facilities were rated 'ACUITE AA-| Stable'. - Short-term facilities were rated 'ACUITE A1+'.

- On August 24, 2026, IGESL announced the allotment of 4,89,82,030 fully paid-up equity shares of IRSL (₹10/- each). - These shares were allotted to eligible IGESL shareholders as per an NCLT-sanctioned Scheme of Arrangement. - IRSL is proceeding with crediting shares to demat accounts and securing listing/trading approvals.

- The 26th Extra-Ordinary General Meeting (EGM) of Inox Green Energy Services Limited was held on August 13, 2026. They passed two resolutions: - Approval to raise funds by issuing equity shares and/or other eligible securities, passed with 99.9992% votes in favour. - Approval of a material related party transaction, passed with 99.9962% votes in favour.

- The 26th Extra-ordinary General Meeting (EGM) of Inox Green Energy Services Limited was held on 13th August 2026. - Key agenda items approved by members included raising funds through the issuance of equity shares and/or other eligible securities. - Approval was also granted for material related party transactions. - The e-voting results, combining remote e-voting and e-voting at the EGM, will be declared within 2 working days.

- **INOX Wind Q1 FY27 Performance:** Consolidated Revenue ₹872 Cr, Adjusted EBITDA ₹237 Cr, PAT ₹64 Cr. - **INOX Green Q1 FY27 Performance:** Total Income ₹101 Cr (▲17% YoY), EBITDA ₹57 Cr (▲19% YoY), PAT ₹41 Cr (▲86% YoY). - **INOX Wind Outlook:** Full year FY27 revenue growth guidance of 75% YoY and consolidated EBITDA margin of 20-22%. Business expected to be H2 heavy (70-75% in H2). - **INOX Green Outlook:** O&M business EBITDA margin guidance of ~50% and annualized EBITDA of ₹600 Cr for FY27 (from Q3/Q4 onwards). - **Strategic Initiatives (Inox Wind):** Strategic pivot towards equipment supply, with current order book of ~4.4 GW offering 24-36 months execution visibility. Signed MOU for 1.5 GW with INOX Clean Energy (500 MW firm orders) and LOA for 200 MW from NLC India. First prototype of 4X Wind Turbine model expected to be installed in August 2026, with commercial launch by end of FY26. - **Strategic Initiatives (Inox Green):** NCLT approval received for acquisition of Wind World India Limited (~4.5 GW O&M portfolio), expected completion in Q2 FY27. Demerger of power evacuation infrastructure business to INOX Renewable Solutions (IRSL) completed, making INOX Green an asset-light O&M player. - **Expansion Plans:** IRSL is expanding manufacturing capacity for 4.9 MVA, 8-20 MVA, and 100 MVA+ transformers, and high-value power electronic systems (inverters, unit substations), with USS commercially launching in FY27.

- Audio recording of the Investors/Analysts Conference Call held on 07th August, 2026, at 17:00 hrs (IST) is available. - The call discussed financial results for the quarter ended 30th June, 2026. - Link to audio recording: https://www.inoxgreen.com/audio/10045925.mp3

- Total income ₹101 Cr vs ₹86 Cr (▲17% YoY) - EBITDA ₹57 Cr vs ₹48 Cr (▲19% YoY) - PAT ₹41 Cr vs ₹22 Cr (▲86% YoY) - EBITDA Margin 56.44% vs 55.81% (▲63bps)

- Consolidated Revenue from operations ₹4,329 Lakh vs ₹5,236 Lakh (▼17.33% YoY) - EBITDA ₹5,695 Lakh vs ₹4,770 Lakh (▲19.39% YoY) - PAT ₹4,079 Lakh vs ₹2,237 Lakh (▲82.34% YoY) - EBITDA Margin 131.55% vs 91.10% (▲4045bps) - Board approved the re-appointment of Shri Manoj Dixit as Whole-time Director for 2 years and Ms. Bindu Saxena as an Independent Director for 5 years. - Auditors emphasized issues with investments in 6 SPVs where project completion dates expired, extensions were rejected, bank guarantees were invoked, and appeals are ongoing for fund recovery. Inox Wind Limited to bear the costs if funds are unrecoverable.

- Consolidated Operating Revenue ₹4,329 Lakh vs ₹5,236 Lakh (▼17.32% YoY) - Consolidated EBITDA ₹5,695 Lakh vs ₹4,770 Lakh (▲19.39% YoY) - Consolidated PAT ₹4,079 Lakh vs ₹2,237 Lakh (▲82.34% YoY) - Consolidated EBITDA Margin 56.28% vs 55.79% (▲49bps) - The Board re-appointed Shri Manoj Dixit as Whole-time Director for 2 years effective October 8, 2026, and Ms. Bindu Saxena as Independent Director for 5 years effective December 14, 2026. - The company is appealing regulatory decisions related to invoked bank guarantees for SPVs, with Inox Wind Limited potentially bearing costs if funds are unrecoverable.

- Concall Schedule - Concall Date: August 07, 2026 - Concall Time: 05:00 PM IST

- Inox Green Energy Services Limited received NCLT approval to acquire Wind World (India) Limited's O&M business. This adds ~4.5 GW to its portfolio for up to ₹550 Cr, with transfer expected within 60 days, enhancing business growth.

- NCLT orally approved the resolution plan for Wind World (India) Limited (WWIL) on July 27, 2026. - The plan includes INOXGFL Group companies acquiring WWIL's independent power producer and operations & maintenance businesses.

- Record Date for the Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited (IRSL) is Saturday, August 1, 2026. - Shareholders of Inox Green will receive 122 equity shares of IRSL for every 1,000 shares held.

- Intimation of Record Date for Scheme of Arrangement between Inox Green Energy Services Limited and Inox Renewable Solutions Limited. - Record Date: Saturday, August 1, 2026. - Share Exchange Ratio: 122 equity shares of Inox Renewable Solutions Limited for every 1,000 shares held in Inox Green Energy Services Limited.

- 26th Extra-Ordinary General Meeting (EGM) to be held on Thursday, August 13, 2026, at 3:00 P.M. (IST) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). - Agenda includes approval for raising funds up to ₹600 Crore through issuance of equity shares and/or other eligible securities. - Also includes approval for a material related party transaction with Inox Wind Limited (Holding and Promoter) for credit enhancement support up to ₹500 Crore.

- Board of Directors approved raising funds aggregating up to ₹600 Crore. This includes a base issue size of ₹400 Crore and a green shoe option of ₹200 Crore. - Funds can be raised through various instruments including equity shares, preference shares, or debentures via methods like preferential allotment, private placement, or QIP. - Approved convening an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for the fundraise.

- Inox Green Energy Services Limited announced the closure of its trading window. - The trading window will remain closed from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. - This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

- CRISIL Ratings revised the outlook on the Company's long-term bank facilities to 'Watch Developing'. - Long-term rating reaffirmed at 'CRISIL A'. - Short-term rating reaffirmed at 'CRISIL A1'.

- Inox Green Energy Services (IGESL) provided FY27 guidance: Consolidated revenue to grow ~75% over FY26, EBITDA margin 20-20.5%, and EBITDA upwards of ₹600 Cr. - IGESL expects a multifold increase in consolidated EBITDA and PAT for FY27 due to acquisitions of 6.5 GW operational wind O&M assets. - Demerger of evacuation infrastructure business from IGESL was approved by NCLT, expected to complete in 1-2 months, which will improve profitability and ROCE. - Inox Wind (IWL) has a strong order book of 3.1 GW (added ~600 MW in FY26), providing 24+ months execution visibility. - IWL expects 75% revenue growth on FY26's ₹4,500 Cr, translating to ~₹7,500 Cr for the next fiscal year. - IWL is strategically pivoting from 100% turnkey to 75-80% equipment supply to improve working capital and margins. - Launch of new 4.4-MW turbine is on track for commercial launch in the current calendar year, expected to help penetrate deeper and improve margins. - Management expressed confidence in achieving growth targets, leveraging group synergies, and addressing past operational challenges like payment delays in PSU contracts and supply chain disruptions.

Inox Green Energy Services Limited announced the availability of the audio recording of its Investors/Analysts Conference Call held on May 29, 2026, at 17:00 IST. The call followed the submission of the company's Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026. The recording link is provided for access.

Inox Green Energy Services Limited reported Consolidated Revenue of ₹68.67 Cr vs ₹64.54 Cr (▲6.40% YoY), EBITDA of ₹57.17 Cr vs ₹29.56 Cr (▲93.33% YoY), and PAT of ₹28.35 Cr vs ₹6.44 Cr (▲340.22% YoY) for the quarter ended March 31, 2026. EBITDA Margin expanded to 47.85% vs 34.65% (▲1320bps).

Inox Green Energy Services Limited has scheduled a conference call for analysts and institutional investors on Friday, May 29, 2026, at 5:00 P.M. (IST). The call will follow the announcement of audited financial results for the quarter and financial year ended March 31, 2026. Mr. Devansh Jain, Executive Director, and Senior Management will participate in the call.

Inox Green Energy Services Limited announced that its Scheme of Arrangement with Inox Renewable Solutions Limited became effective on May 4, 2026. This follows the filing of the certified NCLT Order with the Registrar of Companies on the same day. The Appointed Date for the scheme is October 1, 2024, finalizing the corporate restructuring process.

Inox Green Energy Services Limited received NCLT approval on April 27, 2026, for the Scheme of Arrangement to demerge its Power Evacuation Business into Inox Renewable Solutions Limited, effective October 1, 2024. The NCLT order was pronounced on March 13, 2026.