Indowind Energy Limited has informed the Exchange about Retirement
INDOWIND · price
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Mr. Niranjan Raosaheb Jagtap (DIN: 01237606) has retired as an Independent Director of Indowind Energy Limited upon completing his second term. His cessation took effect from the closing hours of the 30th Annual General Meeting held on 26th September, 2025, in line with Section 149(11) of the Companies Act, 2013, which caps an independent director's tenure at two consecutive terms. The company has recorded its appreciation for his service and contributions during his tenure. The intimation has been filed with both BSE and NSE under SEBI LODR Regulations, 2015.
This is a routine, compliance-driven event with no material impact on the stock. Investors should watch for whether a replacement independent director is appointed in due course to maintain the required board composition.