INOX WIND LIMITED has informed the Exchange about Resignation of Independent director.

Management Changes View source PDF Explain this filing

INOXWIND · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹176.00

prior close

₹176.64

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.9%-0.9% vs market

Heavy Electrical Equipment peers, median of 27sector+0.4%-0.4% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 0.4 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

-0.5

Sessions after the filingfrom the prior close

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Reaction day

-0.1+0.9-0.9+0.4-0.4

Next day

-1.5+0.7-2.2+0.2-1.6

+0.8+0.3+0.5-0.8+1.6

+0.2+0.7-0.5-0.8+1.0

+2.3+0.7+1.6+0.1+2.2

+0.3+0.5-0.2-0.1+0.4

+0.3+0.8-0.5+1.1-0.8

15d

-5.2+1.4-6.6+0.7-5.9

-11.5-1.9-9.5-4.1-7.4

-19.9-5.1-14.8-3.1-16.8

-20.1-5.4-14.7-5.2-14.9

UpDownMarket · Nifty Smallcap 250Sector · Heavy Electrical Equipment peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Inox Wind Limited has informed the stock exchange about the resignation of Urvashi Saxena from the position of Independent Director on the company's board. The resignation will take effect from July 1, 2025. Ms. Saxena has cited personal reasons, specifically health constraints associated with advancing age, as the reason for stepping down. She has confirmed there are no other material reasons for the resignation. The company has not disclosed any replacement appointment in this filing.

Likely market impact

This is a routine independent director resignation due to personal health reasons and is unlikely to have a material impact on the stock price or company operations. Shareholders may want to watch for the appointment of a replacement independent director to ensure board composition remains compliant with SEBI listing requirements.