Inox Green Energy Services Limited has issued a postal ballot notice dated February 13, 2026, seeking member approval for key resolutions through electronic voting. The company submitted the notice to BSE Limited and National Stock Exchange of India Limited on March 10, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

E-Voting Schedule and Process

The company has established a comprehensive timeline for the postal ballot process, with National Securities Depository Limited (NSDL) providing e-voting services to all members.

Members whose names appear in the Register of Members/List of Beneficial Owners as on the cut-off date and whose email IDs are registered with the company or depositories will be eligible to participate in the e-voting process.

Director Re-appointment Proposal

The primary resolution seeks approval for the re-appointment of Shri Mukesh Manglik (DIN: 07001509) as Whole-time Director of the company. The proposal requires passage as a Special Resolution under various provisions of the Companies Act, 2013.

Professional Background and Expertise

Shri Mukesh Manglik brings extensive industry experience to his role, having been associated with the Inox Group since 2008. His professional qualifications include a Bachelor's Degree in Electrical Engineering from Veermata Jijabai Technological Institute, Mumbai.

Key areas of expertise include:

• Over four decades of experience in power electronics design and development
• More than two decades in the wind industry
• Specialization in wind turbine generator engineering, operations, maintenance, and commissioning
• Leadership in Engineering and Product Development Department

Board Recommendations and Governance

The Nomination & Remuneration Committee recommended Shri Manglik's re-appointment at its meeting held on February 13, 2026, based on his industry expertise, experience, and valuable contributions to the company. The Board of Directors subsequently approved the recommendation, citing his satisfactory performance evaluation.

Despite Shri Manglik being over 74 years of age, the Board considers his deep domain expertise critical to the company's operations and growth plans. His continued directorship is viewed as aligned with the company's interests.

Additional Directorships and Committee Memberships

Shri Manglik serves on the boards of nine other companies, including Inox Wind Limited (listed entity). His committee memberships at Inox Wind Limited include:

• Nomination & Remuneration Committee (Member)
• Business Responsibility Committee (Member)
• IWL Committee of Board of Directors for Operations (Member)

During Financial Year 2024-25, he attended 3 out of 6 Board Meetings, and in the current Financial Year 2025-26, he has attended 1 out of 4 meetings conducted, with the Board granting leave of absence for meetings not attended.

Scrutinizer Appointment

The company has appointed Shri Prabhakar Kumar (ICSI Membership No.: F5781 & COP No.: 10630) and alternatively Shri Ashok (ICSI Membership No.: A55136 & COP No.: 20599) from M/s. VAPN & Associates, Practicing Company Secretaries, Delhi, as Scrutinizers for conducting the postal ballot process.

The Committee of Creditors of Wind World India Limited has officially declared the consortium comprising Inox Neo Energies Limited and Authum Investment & Infrastructure Limited as the Successful Resolution Applicant for the acquisition of Wind World India's renewable energy assets. Inox Green Energy Services announced this development through a regulatory filing, confirming that the Letter of Intent was issued and accepted on February 19, 2026.

Consortium Structure and Acquisition Framework

The acquisition involves a strategic consortium structure designed to leverage specialized capabilities across different renewable energy segments. Inox Neo Energies Limited serves as the lead member of the consortium, while Authum Investment & Infrastructure Limited participates as an unrelated member in the resolution process.

The resolution plan has been structured to ensure optimal utilization of Wind World India's operational assets while maintaining service continuity for existing clients across the renewable energy portfolio.

Asset Portfolio and Geographic Distribution

Wind World India's portfolio encompasses significant operational capacity across India's key wind energy corridors. The company operates approximately 600 MW of installed IPP capacity strategically distributed across seven wind-rich states, providing diversified geographic exposure and stable revenue generation.

The Operations & Maintenance business serves marquee clients including leading corporates and renewable energy companies, ensuring stable recurring revenue streams and long-term service contracts.

Implementation Structure and Regulatory Approvals

Under the approved resolution plan, the acquisition will be implemented through a bifurcated structure optimizing the operational synergies within the INOXGFL Group ecosystem. Inox Neo Energies Limited will acquire Wind World India's 600 MW operational IPP portfolio, while Inox Green Energy Services Limited will acquire and implement the Operations & Maintenance business.

The transaction remains subject to approval by the Hon'ble National Company Law Tribunal, Ahmedabad Bench, and compliance with specific terms and conditions outlined in the resolution plan.

Strategic Impact and Market Position

This acquisition significantly strengthens INOXGFL Group's position across the renewable energy value chain, combining operational IPP assets with expanded O&M capabilities. For Inox Green Energy Services, the addition of Wind World India's 4.5 GW O&M portfolio substantially enhances its existing portfolio of 13.3 GWp assets under management, reinforcing its position as one of India's leading renewable O&M service providers.

The transaction aligns with the Group's broader renewable energy strategy, supporting medium-term targets of achieving 10 GW installed IPP capacity and 11 GW integrated solar manufacturing capacity. The established client relationships and operational assets provide immediate access to recurring revenue streams while expanding the Group's geographic footprint across key wind energy markets in India.