Inox Wind Energy Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Awaiting price reaction for this filing.
Inox Wind Energy Limited has declared the voting results of a postal ballot conducted via remote e-voting from May 1, 2025 to May 30, 2025. The single resolution was the re-appointment of Ms. Vanita Bhargava (DIN: 07156852) as an Independent Director, passed as a Special Resolution. Out of 8,829,910 valid votes polled (73.29% of outstanding shares), 97.03% voted in favour and 2.97% voted against. Promoters voted 100% in favour, while Public-Institutions showed notable dissent with 59.28% voting against. The scrutinizer was Samdani Shah & Kabra, Company Secretaries, and results were also uploaded to the company's website.
This is a routine governance update confirming continuity on the board. The overwhelming approval (97%) is positive for board stability, though the visible dissent from Public-Institutions (59.28% against) is a mild flag worth monitoring for institutional sentiment on board composition.