Inox Wind Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
INOXWIND · price
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Inox Wind Limited has filed the revised voting results of a postal ballot conducted between 1st May and 30th May 2025. The single resolution pertained to the appointment of Mrs. Urvashi Saxena (DIN: 02021303) as an Independent Director, which was passed as a Special Resolution (the original filing had mistakenly classified it as an Ordinary Resolution and has now been corrected). A total of 897,563,755 shares (68.84% of total outstanding) were polled, with 808,477,214 votes (90.07%) in favour and 89,086,541 votes (9.93%) against the resolution. Promoters voted 100% in favour, while public institutions showed mixed sentiment (66.07% in favour, 33.93% against). Public non-institutions overwhelmingly supported the appointment (99.76% in favour).
The appointment of Mrs. Urvashi Saxena as Independent Director has been approved by shareholders, strengthening the board's governance structure. The strong public non-institutional support suggests broad shareholder confidence, though the notable dissent from public institutions (nearly 34%) is worth tracking for future governance-related proposals.