BSE : Update Regarding debt securities of Inox Green Energy Services Ltd

NOTICES

Notice No.		20230116-23		Notice Date		16 Jan 2023
Category		Company related		Segment		Debt
Subject		Update Regarding debt securities of Inox Green Energy Services Ltd
Content

In continuation to the Exchange Notice No. 20201013-17 dated 13 October 2020, regarding debt securities of Inox Green Energy Services Ltd. Trading Members are requested to note that w.e.f. Tuesday, January 17, 2023 the following Scrip Code bearing the following ISIN would be available for trading under the revised terms as below:<_o3a_p>

Scrip Code: 960119 ISIN: INE510W07060<_o3a_p>

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"Voluntary Redemption Request Letter" shall have the meaning ascribed to the term under clause 3.10.1 (Repayment / Redemption) hereto;<_o3a_p>

Introduction of the Voluntary Redemption concept by making suitable amendments to the DTD and IM<_o3a_p>

Presently the terms of the Debentures does not permit the Company to prepay or redeem the Debentures prior to its maturity date. The Company proposes to introduce the voluntary redemption concept by making suitable amendments (as indicated below) in the DTD and IM:<_o3a_p> "The Issuer shall not, without the prior written consent of the Debenture Trustee (acting on the instructions from the Debenture Holders), be entitled to prepay or redeem the Debentures (or any part thereof) prior to the scheduled Maturity Date, unless in case such early payment (including Early Redemption Event) is required in terms of this Deed on the occurrence of an Event of Default or otherwise.If the Issuer proposes to prepay or redeem the Debentures (or any part thereof) prior to the scheduled Maturity Date ("Voluntary Redemption"), it may prepay or redeem such Debentures (or any part thereof), with theprior written consent of the Debenture Trustee (acting on the instructions from the Debenture Holders). In the event, the Issuer is desirous of undertaking Voluntary Redemption, it shall issue a request letter for the same to the Debenture Trustee ("Voluntary Redemption Request Letter"). The Debenture Trustee, on receipt of the Voluntary Redemption Request Letter, shall forthwith share the same with the Debenture Holders. The Debenture Trustee, within 5(five) Business Days from the date of the receipt of the Voluntary Redemption Request Letter, communicate to the Issuer, acceptance/ rejection by the Debenture Holders for the said Voluntary Redemption by the Issuer along with any prepayment premium that may be stipulated by the Debenture Holders, in their sole discretion. The Issuer agrees and understands that the Debenture Holders shall be entitled to stipulate prepayment premium or a break cost or make whole premium for accepting the proposal of Voluntary Redemption by the Issuer".<_o3a_p> Capitalised used in the above paragraph shall have the meaning given to it in the DTD.<_o3a_p>

Trading Members may contact the following Officials for further details if any:<_o3a_p>

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Name of the Officer<_o3a_p>	Contact details<_o3a_p>	Email Id<_o3a_p>
Ms.Mansi Jani<_o3a_p>	[phone]<_o3a_p>	[e-mail]<_o3a_p>

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<_o3a_p>Rupal Khandelwal<_o3a_p>

Assistant General Manager<_o3a_p>

January 16, 2023<_o3a_p>