Voting results of postal ballot
Awaiting price reaction for this filing.
INOX Wind Limited announced the results of its postal ballot conducted via remote e-voting from 19th March 2025 to 17th April 2025. The single special resolution was to re-appoint Shri Brij Mohan Bansal (DIN: 00261063) as an Independent Director of the company. The resolution was passed with the requisite majority, receiving 92.27% votes in favor (approximately 78.4 crore shares) and 7.73% against (around 7.16 crore shares). Promoter and Promoter Group voted 100% in favor, Public Institutions voted 71.72% in favor, and Public Non-Institutions voted 99.96% in favor. The scrutinizer's report was issued by J. K. Gupta & Associates, Company Secretaries, on 18th April 2025.
This is a routine corporate governance filing confirming the re-appointment of an Independent Director, ensuring board continuity. No material impact on share price is expected as this was largely a procedural approval with strong shareholder support.