Inox Green Energy Services Limited announced that the board at its meeting held on January 6, 2023 has considered and approved the amendments to the terms and conditions of the 9.50% 1950 secured, listed, rated, redeemable non-convertible debentures issued by the company pursuant to the debenture trust deed dated 26 September 2020 and Information Memorandum dated 28th September 2020 (“Existing NCDs”) regarding: (a) modification of the cash flows, scheduled redemption dates, payment of prepayment premium and interest amount of Existing NCDs; and (b) introduction of prepayment or early redemption option for the Existing NCDs and other related matters; to enable premature full redemption of the Existing NCDs aggregating INR 800 million subject to requisite approvals and in accordance with the applicable provisions of the Companies Act, 2013, as amended from time to time, SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended from time to time and other applicable laws.