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 submitted the voting results of its postal ballot conducted between May 1 and May 30, 2025. The single ordinary resolution was to appoint Mrs. Urvashi Saxena (DIN: 02021303) as an Independent Director of the company, which was passed with the requisite majority. Of the 13.04 crore total outstanding shares, 8.98 crore (68.84%) participated in the e-voting, with 90.07% voting in favour (8.08 crore shares) and 9.93% voting against (89.09 lakh shares). Promoters voted 100% in favour (62.94 lakh shares), while public institutions were split at 66.07% in favour versus 33.93% against, and public non-institutions overwhelmingly supported the resolution at 99.76%. The scrutinizer's report was issued by M/s J. K. Gupta & Associates on June 2, 2025.
This is a routine corporate governance filing that confirms the addition of a new independent director to the board, with no material impact on the stock price or business operations. The 10% dissent from institutional investors is a minor point worth noting but does not change the outcome.