Inox

Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 8,000 crore and an offer-for-sale (OFS) of shares, amounting to Rs 2,000 crore by promoter Devansh Jain, according to the draft red herring prospectus (DRHP). The status of the issue was updated by the Securities and Exchange Board of India (Sebi) on Thursday under the list of IPOs whose observations have been kept in abeyance. The company had filed its draft papers with the regulator on September 29. Without specifying reasons, the regulator stated that the "issuance of observations (has been) kept in abeyance", according to an update on its website. The proposed issue could rank among the largest IPOs in India's private-sector renewable energy space. Inox Clean Energy, part of the INOXGFL Group, proposes to use the procee

The proposed issue comprises a fresh issue of up to ₹8,000 crore and an offer for sale of up to ₹2,000 crore by the selling shareholder

The company will ​use about ₹6,000 crore of the proceeds to repay debt

PVR INOX proposes ending upfront VPF payments and offering producers a choice between a per-show exhibition service charge and a revised revenue-sharing arrangement

The cinema major said it engaged external third-party experts to conduct a preliminary assessment despite the anonymous allegations lacking specific and verifiable details

PVR Inox asked senior executive Pramod Arora to leave in April after an internal probe into alleged kickbacks worth ₹200 crore from developers involved in cinema projects, The Economic Times reported

The meeting of the PVR Inox board of directors is scheduled for August 31, 2026, to consider and approve, among other things, a proposal for the buyback of the company's equity shares.

Inox Clean Energy on Tuesday said it has completed the acquisition of BlackRock-owned GIP's Vena Energy India Holdings Pte Ltd, Vena Group's India renewable energy platform, for a total transaction value of about Rs 6,000 crore. The transaction represents one of the fastest signing-to-execution deals in the renewable energy sector, having been completed within two months, despite involving multiple stakeholders and financing partners, according to a company statement. The entire transaction value has been secured through internal equity and refinancing, highlighting Inox Clean's strong financing capabilities and ability to execute complex transactions at speed. Vena Energy India's renewable portfolio comprises about 1 GW of operational capacity, 1.7 GW of solar and wind and 1.2 GWh of BESS assets at advanced stages, along with an additional 2.7 GW of solar and wind and 1.3 GWh of BESS development pipeline. Following completion, Inox Clean's operating and near-operational portfolio

The funds, raised through compulsorily convertible debentures, will support Inox Clean's growth, particularly inorganic initiatives, as it expands its renewable energy portfolio

The multiplex chain will use a franchise-owned, company-operated model to enter around 300 smaller towns, offering lower ticket prices and capital-efficient expansion

Inox Wind Ltd (IWL) on Wednesday said it has secured a 200 MW order worth nearly Rs 1,600 crore from NLC India Ltd. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA), a company statement said. The order, with an approximate contract value of Rs 1,600 crore, will be executed on a turnkey basis, it added. Under the contract, Inox Wind will be responsible for the end-to-end execution of the project, including the supply of wind turbine generators, Engineering, Procurement & Construction (EPC), and post-commissioning operations and maintenance services. With this, the company's order book stands at 4.7 GW, comprising a well-diversified mix of Commercial & Industrial (C&I) customers, Public Sector Undertakings (PSUs), and Independent Power Producers (IPPs). This balanced customer portfolio provides strong revenue visibility while underscoring Inox Wind's leadership in serving the evolving requirements of India's renewable ...

Inox Clean Energy Limited (Inox Clean) said on Thursday that it has secured Rs 700 crore in funding from the Adar Poonawalla Family Office. This follows an investment from CalPERS (California Public Employees' Retirement System, the largest pension fund in the US), which had invested approximately Rs 800 crore in the previous rounds, amongst other investors, Inox Clean said in a statement. The fresh funding of Rs 700 crore from Rising Sun Holdings Pvt Ltd, part of Adar Poonawalla Family Office, was raised at a valuation of Rs 70,000 crore, reinforcing investor confidence in Inox Clean Energy's long-term growth strategy, it said. Devansh Jain, Executive Director, INOXGFL Group, said, "We welcome Adar Poonawalla Family Office as an investor in Inox Clean. This investment is a strong endorsement of our vision, execution capabilities, and long-term growth strategy. Over the past year, we have built tremendous momentum by successfully executing our growth roadmap through a combination of

Inox Green Energy Services on Friday posted a jump in consolidated net profit to Rs 28.35 crore during the March quarter, on account of rise in income. It had reported a net profit of Rs 6.44 crore in the year-ago period, the company said in an exchange filing. During January-March, the company's total income rose to Rs 119.48 crore from Rs 85.30 crore in the fourth quarter of 2024-25. Expenses stood at Rs 73.71 crore as against Rs 72.01 crore in the last quarter of FY25. Inox Green Energy Services Ltd (INOX Green) is a major wind power operation and maintenance (O&M) service provider within India.

PVR INOX reported a strong FY26 recovery led by blockbuster films, rising footfalls and expansion into low-cost cinema formats across smaller cities

Inox India Ltd on Tuesday posted a 15 per cent rise in consolidated net profit to Rs 75.23 crore in the March quarter of FY26, supported by higher income. It had reported a net profit of Rs 65.51 crore in the same quarter a year ago, the company said in an exchange filing. During the latest January-March period, the company's total income rose to Rs 475.24 crore from Rs 382.53 crore recorded in the fourth quarter of the preceding 2024-25 financial year. INOX India Ltd is engaged in the manufacturing of cryogenic storage, re-gas and distribution systems for LNG, industrial gases and cryo-scientific applications.

Advertising income increased about 15%, supported by improved occupancy and stronger advertiser demand

Inox Clean Energy acquires Macquarie-owned Vibrant Energy for about ₹5,000 crore, boosting its portfolio and strengthening its presence in the C&I renewable segment

Cinema exhibitor PVR INOX on Wednesday said its consolidated net profit jumped over two-fold year-on-year to Rs 95.4 crore in the December quarter of FY25. The company reported a net profit of Rs 35.5 crore in the October-December quarter of the previous fiscal year, according to a regulatory filing. PVR INOX revenue from operations was up 9.46 per cent to Rs 1,879.8 crore in the December quarter. It was at Rs 1,717.3 crore in the corresponding period. Total expenses were at Rs 1,755.6 crore in the December quarter, up 2.5 per cent year-on-year. During the reporting quarter, PVR INOX revenue from its movie exhibition segment was up 10.8 per cent to Rs 1,815.3 crore. Revenue from 'movie production and distribution' stood at Rs 117.8 crore, down 19.53 per cent annually. Total income, which includes other income, was at Rs 1,919.6 crore, up 9.12 per cent. During the quarter, PVR INOX added 20 screens and exited 3 underperforming screens. During nine months of this fiscal, PVR Inox

PVR INOX's Q3 profit jumped 1.6-fold on merger synergies and cost control, with strong film releases bringing audiences back to cinemas

Inox Clean Energy said it has tied up ₹3,100 crore in equity funding to grow its IPP capacity and solar manufacturing, as it targets 10 GW power capacity by FY28