INOX Green Energy Services Limited announced a private placement to issue 1,666,666 Equity shares at an issue price of INR 48 per share for the gross proceeds of INR 79,999,968 and 200,000,000 0.01% Non-Convertible, Non-Cumulative, Participating, Redeemable Preference Shares at an issue price of INR 48 per share for the gross proceeds of INR 9,600,000,000; aggregate gross proceeds of INR 9,679,999,968 on May 26, 2024. The transaction will include participation from new and returning investors Inox Wind Limited, Promoters and Sokltalingam Gurusamy Gounder. The transaction has been approved by shareholders and is subject to general shareholders to be held on June 23, 2024.