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EnergyMedium impactAfter close

NCLT approves Inox Green Energy demerger plan

after close1 source ↓written by the desknot a recommendation

effective
1 Oct 2024

The National Company Law Tribunal (NCLT) approved the demerger of the Power Evacuation Business from Inox Green Energy Services Limited into Inox Renewable Solutions Limited. This restructuring, effective from 1 Oct 2024, aims to enhance operational focus for both entities, consolidating engineering and power evacuation activities under IRSL. 📈

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 16 Mar 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

INOXGREEN closed −1.2% on the day of the news, from ₹141.11 to ₹139.37; Nifty +0.7% over the same session.

Bulletin at 16:06 IST on 16 Mar 2026. Every change is measured from ₹141.11, the last close before it, on 16 Mar. Nifty 50 is measured over the same sessions.

  • INOXGREEN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
INOXGREEN closes around the bulletin against the close before the news, with Nifty 50 rebased to it118.65141.11163.57axis spans 38%before the news · 16 Mar141.11Nifty 50INOXGREENbulletinD0+1+3+510 Mar20 Mar2 AprReference close ₹141.11. 16 sessions from 10 Mar to 2 Apr; the price axis spans 38 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Mar₹141.11basebase
On the day17 Mar₹139.37▼ −1.2%▲ +0.7%−2.0 pp difference
+1 session18 Mar₹144.64▲ +2.5%▲ +1.6%+0.9 pp difference
+3 sessions20 Mar₹150.40▲ +6.6%▼ −1.3%+7.8 pp difference
+5 sessions24 Mar₹138.86▼ −1.6%▼ −2.1%+0.5 pp difference
Gap at the open, % · ₹
0.0%0.00 on 17 Mar
Day's range, % · ₹
3.9%≈ 5.4 high to low
Volume on the day
0.75×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · INOXGREEN on the desk →

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