Inox Green Energy Services announced its board's approval to raise Rs 1,050 crore through equity and convertible warrants. The plan includes issuing 2.89 crore equity shares at Rs 138 each (including a Rs 128 premium) to non-promoter entities, totaling Rs 400 crore. Additionally, the company plans to issue 4.48 crore convertible warrants at Rs 145 each (including a Rs 135 premium), allowing holders to subscribe to equity shares, aiming to raise Rs 650 crore from both promoters and non-promoters in phases.
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