Inox Green Energy Services Limited announced a private placement to issue 1,449,000 common shares at an issue price of INR 138 per share for the gross proceeds of INR 199,962,000 and 1,379,000 convertible warrants at an issue price of INR 36.25 per warrant for the gross proceeds of INR 49,988,7500; aggregate gross proceeds of INR 249,950,750 on June 26, 2024. The transaction included participation from new investor Ashish Kacholia. The company has approved the fundraise of INR 10,500 million.