Inox Green Energy Services Limited has informed the Exchange regarding Appointment of Mukesh Manglik as a WTD of the company w.e.f. May 19, 2026.
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Inox Green Energy Services' board, at its February 13, 2026 meeting, approved the re-appointment of Shri Mukesh Manglik (DIN: 07001509) as a Whole-time Director for a further 2 years effective May 19, 2026, subject to shareholder approval via postal ballot. Manglik, aged 74, has been with the INOXGFL Group since 2008 and heads Engineering and Product Development, with over four decades of experience in power electronics and wind energy. The board also approved unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025, reviewed by statutory auditor Dewan P.N. Chopra & Co. Key disclosures include funds of Rs. 5,578 Lakh invested in 6 SPVs where bank guarantees were invoked, Rs. 12,750 Lakh of unbilled O&M revenue, and ongoing NCLT proceedings for the Power Evacuation business demerger.
The re-appointment provides continuity in technical leadership given Manglik's deep expertise in wind operations, but shareholders will need to approve via postal ballot. The financial notes highlight material risks around SPV fund recovery and pending litigation that investors should track, though the auditor issued an unmodified review opinion.