Inox Wind Announces 13th EGM on June 22, 2026, for Key Resolutions
Inox Wind Limited will hold its 13th EGM on June 22, 2026, via VC/OAVM. Key resolutions include approving Shri Mukesh Manglik's continued directorship and revising Shri Devansh Jain's remuneration to ₹28.70 lakh/month. Shareholders will also vote on divesting equity in subsidiary Inox Green Energy Services. Remote e-voting is open from June 18-21, 2026.
The EGM will discuss significant corporate actions, including director remuneration adjustments and the potential divestment of a material subsidiary's shares, which could have a medium-term impact on the company's structure and financial strategy.
The announcement is a notice for an EGM to seek shareholder approval for routine corporate actions and director remuneration. It does not contain any immediately positive or negative financial news.
Inox Wind Limited has announced its 13th Extra-Ordinary General Meeting (EGM) scheduled for Monday, June 22, 2026, at 12:00 Noon IST. The meeting will be conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM).
The EGM aims to seek shareholder approval for several crucial resolutions. Item No. 1 concerns the continuation of directorship for Shri Mukesh Manglik as a Non-Executive Director upon attaining the age of 75 years. Item No. 2 involves the revision of the fixed remuneration for Shri Devansh Jain, Whole-Time Director, effective from April 1, 2026, up to October 31, 2027. His basic pay will be revised to ₹28,70,000 per month.
Furthermore, Item No. 3 seeks approval for the divestment of equity shares in Inox Green Energy Services Limited (IGESL), a material subsidiary. This divestment could lead to a reduction in Inox Wind's shareholding in IGESL to 50% or less.
The notice of the EGM is being dispatched to eligible shareholders, and the company is facilitating e-voting. The remote e-voting facility will commence on Thursday, June 18, 2026, at 9:00 AM IST and conclude on Sunday, June 21, 2026, at 5:00 PM IST. The cut-off date for entitlement to e-voting is Monday, June 15, 2026.
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Inox Wind Limited filed this with the NSE as a statutory disclosure, categorised under egm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Inox Wind Limited. Read the original for the full detail.