INDOWINDBSEIndowind Energy LtdLowNeutral
Announced Mon, 29 Sept · 21:40 IST

Dear sir/ Madam, PFA disclosure under regulation 30.

Management Changes View source PDF

INDOWIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At the 30th Annual General Meeting held on September 26, 2025, Indowind Energy shareholders approved three key governance changes. M/s. KRA & Associates, a peer-reviewed firm of Practicing Company Secretaries, was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Mr. B.R. Baskaran, a former Income Tax Appellate Tribunal judge and Chartered Accountant with 38 years of experience, was appointed as an Independent Director for a 5-year term. Mr. Sridhar, previously a Non-Executive Non-Independent Director with a background in print media marketing, had his designation changed to Non-Executive Independent Director for a 5-year term. Both new independent directors confirmed they meet independence criteria under the Companies Act and SEBI LODR Regulations and are not debarred by any authority.

Likely market impact

These are routine post-AGM governance disclosures with no material financial impact. The appointments strengthen board independence and compliance oversight, which is positive for corporate governance but unlikely to move the stock price.