INOX India Discloses Promoter Share Transmission Under SEBI LODR

Mumbai, 19 February 2026: In a reshuffle within its promoter family, INOX India Limited informed the exchanges that 5,391,300 equity shares, representing 5.94% of its paid-up capital, were transmitted within the promoter group following the demise of Late Shri Devendra Kumar Jain. The disclosure was made under Regulation 30 and Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

INOX India Limited is engaged in the manufacture of cryogenic equipment and turnkey solutions for industrial gases, LNG, hydrogen and other emerging energy applications. The company operates manufacturing facilities in India and caters to domestic as well as export markets.

The present disclosure pertains solely to a promoter group restructuring event and does not involve any change in the company’s capital structure or public shareholding.

Promoter Shareholding Realigned Following Transmission

According to the exchange intimation (Ref: IIL:SEC:SE:INTM:205) addressed to BSE and NSE, the shares earlier held by Late Shri Devendra Kumar Jain were transmitted to Mr Siddharth Jain and Mrs Ishita Jain, both members of the promoter and promoter group and directors of the company.

Post transmission, Mr Siddharth Jain’s aggregate holding stands at 33,832,255 equity shares, equivalent to 37.27% of the company’s equity capital. Mrs. Ishita Jain holds 3,809,350 equity shares, representing 4.20%.

The company stated that, consequent to the transmission, Late Shri Devendra Kumar Jain has ceased to be part of the promoter and promoter group. His name will be removed from the shareholding pattern in due course.

Transmission of shares refers to the automatic transfer of ownership in the event of death or insolvency, and does not involve a market transaction or consideration. As such, the overall promoter group holding remains unchanged, though the internal distribution has been revised.

Market Snapshot

As of 11:46 am IST on 19 February 2026, shares of INOX India were trading at ₹1,146.20 on the NSE, down ₹5.20 or 0.45% from the previous close of ₹1,151.40.

The stock opened at ₹1,155.50 and touched a high of ₹1,168.00 and a low of ₹1,144.20 so far in the session, according to exchange data. The company’s 52-week range stands between ₹889.60 and ₹1,288.00.

The regulatory filing formalises the transmission of shares within the promoter family, updating the shareholding pattern in compliance with SEBI LODR provisions. While it alters the individual holdings of key promoter directors, it does not impact aggregate promoter ownership or the company’s operational framework.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/31654522-2dba-4618-98fe-1c9ff1ac3628.pdf