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BSE has announced the demerger of the Power Evacuation Business from Inox Green Energy Services Limited into Inox Renewable Solutions Limited. Shareholders of Inox Green Energy Services Limited will receive 122 equity shares of Inox Renewable Solutions Limited for every 1000 equity shares held. A Special Pre-Open Session will be conducted on July 31, 2026, for price discovery of Inox Green Energy Services Limited. Additionally, Inox Renewable Solutions Limited will be added to several BSE indices, including BSE SmallCap, BSE AllCap, and BSE Services, effective July 31, 2026, at a zero price.
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| Notice No. | 20260728-19 |
| Notice Date | 28 Jul 2026 |
| Category | Index |
| Segment | Equity |
| Department | Index Cell |
| Subject | Corporate Action of Inox Green Energy Services Limited in BSE Indices |
| Attachments | No Attachment |
MUMBAI, July 28, 2026: Inox Green Energy Services Limited (Exchange Ticker – 543667, “INOXGREEN”) is demerging its Power Evacuation Business into Inox Renewable Solutions Limited (“INOXRENEW”) with effect from start of trading hours on Friday Jul 31,2026. Shareholders of Inox Green Energy Services Limited will receive 122 equity shares of Inox Renewable Solutions Limited for every 1000 equity shares held in Inox Green Energy Services Limited. Equity Shares of Inox Renewable Solutions Limited are expected to list on BSE Ltd. at a future date.
A Special Pre-Open Session (“SPOS”) would be held on Friday Jul 31, 2026 by BSE Limited to enable price discovery of company Inox Green Energy Services Limited (Exchange Ticker – 543667, “INOXGREEN”) post demerger.
On account of the above scheme of arrangement, effective from Friday Jul 31,2026 Inox Renewable Solutions Limited will be added to the following BSE Indices at zero price (after Close of Thursday Jul 30,2026 without divisor adjustment):
| ADD | ||
|---|---|---|
| Index Name | Stock Name | Effective Date |
| BSE SMALLCAP | ||
| BSE ALLCAP | ||
| BSE SERVICES | ||
| BSE 1000 | ||
| BSE NEXT 500 | Inox Renewable Solutions Limited | Jul 31,2026 |
| BSE 250 MICROCAP | ||
| BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%) | ||
| BSE SMALLCAP 500 | ||
| BSE TOTAL MARKET | ||
| BSE MIDSMALLCAP |
For any additional queries, clients are requested to reach out to bseindex@bseindia.com.
BSE Index Services Private Ltd (formerly Asia Index Pvt. Ltd.) is a wholly owned subsidiary of BSE Ltd, Asia’s oldest stock exchange and home to the iconic SENSEX index – a leading indicator of Indian equity market performance. BSE Index Services Pvt. Ltd aims to provide a full array of indices to global / domestic investors and calculates, publishes, and maintains a diverse family of indices.
BSE is Asia’s oldest exchange and the world’s largest exchange in terms of the number of listed companies. BSE has been playing a prominent role in developing the Indian capital market and has successfully offered an efficient capital raising platform to many companies in India. The benchmark index of BSE, Sensex, is tracked by investors across the globe is also considered as a barometer for the growth of Indian Economy. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, EGR, mutual funds, stock lending and borrowing.
Index Services
July 28, 2026
