Voting results and scrutinizer''s report
Awaiting price reaction for this filing.
Inox Wind Limited has declared the results of its postal ballot conducted via remote e-voting from May 1 to May 30, 2025. The single resolution was the appointment of Mrs. Urvashi Saxena (DIN: 02021303) as an Independent Director. The resolution was passed as an Ordinary Resolution with 90.07% of votes polled in favour and 9.93% against. A total of 89.76 crore shares were polled, representing 68.84% of total outstanding shares. Promoter and promoter group voted unanimously in favour (62.94 crore shares, 100%), while public institutions showed mixed support with 66.07% voting in favour and 33.93% against. Public non-institutions strongly supported the appointment at 99.76% in favour. The scrutinizer, J.K. Gupta & Associates, certified the process as compliant.
The appointment of a new Independent Director has been formally approved by shareholders, strengthening the board's composition. The strong promoter backing (100%) and broad public support suggest minimal controversy. This is a routine corporate governance update with no material impact expected on stock price.