Voting results of postal ballot
Awaiting price reaction for this filing.
Inox Wind Limited has declared the results of a postal ballot conducted to seek shareholder approval for the appointment of Mrs. Urvashi Saxena (DIN: 02021303) as an Independent Director of the company. The remote e-voting took place from May 1, 2025 to May 30, 2025, and the resolution was passed with the requisite majority. Out of a total of 89.75 crore shares that voted (about 68.84% of outstanding shares), approximately 90.07% voted in favour while 9.93% voted against. The promoter group voted 100% in favour, public institutions voted about 66% in favour, and public non-institutions voted nearly 99.76% in favour. The scrutinizer's report was issued by M/s J.K. Gupta & Associates.
The appointment of a new Independent Director has been formally approved by shareholders, strengthening the board's composition. This is a routine governance matter and is unlikely to have a material impact on the stock price, though it reflects ongoing board refreshment at the company.