Inox Green Energy Services Ltd to consider revising terms of NCDs

A meeting of the Board of Directors of Inox Green Energy Services Limited ('the Company') is scheduled to be held on Friday, 6th January, 2023, to consider and approve the proposal regarding modification of the scheduled redemption and interest payment dates of 9.50% 1950 Secured, Listed, Rated, Redeemable Non-Convertible Debentures of the Company ("NCDs") and introduction of prepayment or early redemption option for the NCDs and other related matters to enable premature full redemption of the NCDs aggregating Rs. 80 Crores, in accordance with the applicable provisions of the Companies Act, 2013, SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 and other applicable laws.

Shares of Inox Green Energy Services Limited was last trading in BSE at Rs. 49.70 as compared to the previous close of Rs. 49.30. The total number of shares traded during the day was 97050 in over 879 trades.

The stock hit an intraday high of Rs. 50.20 and intraday low of 49.05. The net turnover during the day was Rs. 4822783.00.

Source : Equity Bulls

Keywords

InoxGreenEnergyServices INE510W01014 Utilities NCDs