NCLT approves Inox Green demerger of power evacuation business
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the Scheme of Arrangement for the demerger of the Power Evacuation Business of Inox Green Energy Services Limited into Inox Renewable Solutions Limited. The company received the certified copy of the order on April 27, 2026. The scheme, with an appointed date of October 1, 2024, separates Inox Green’s operations and maintenance (O&M) services for wind turbine generators from its power evacuation and Engineering, Procurement,…