Postal Ballot Voting Results- Scrutinizer Report
Awaiting price reaction for this filing.
Inox Wind Energy Limited conducted a postal ballot through remote e-voting from May 1 to May 30, 2025, seeking shareholder approval for the re-appointment of Ms. Vanita Bhargava (DIN: 07156852) as an Independent Director via a Special Resolution. Out of 17,797 shareholders on record date, 152 members participated, casting a total of 88,29,910 valid votes. The resolution passed comfortably with 97.03% (85,67,498 votes) in favour and only 2.97% (2,62,412 votes) against. Promoter group voted 100% in favour (83,73,707 shares), public non-institutions voted 99.89% in favour, while public institutions showed some dissent with 40.72% in favour and 59.28% against. The scrutinizer's report was issued on June 2, 2025, confirming the resolution was passed with the requisite majority.
This is a routine corporate governance compliance filing with strong shareholder backing (97% in favour), indicating broad confidence in the board's nominee. No material impact on the stock is expected from this disclosure.