Inox Wind Shareholders Approve Re-appointment of Manoj Dixit as Whole-Time Director

Inox Wind Limited has successfully completed its postal ballot process, with shareholders approving the re-appointment of Shri Manoj Dixit as a Whole-Time Director of the company. The resolution was deemed passed on December 27th, 2025, following the conclusion of the remote e-voting period.

Voting Process and Timeline

The postal ballot process was conducted through remote e-voting, which commenced on Friday, November 28th, 2025, at 9:00 A.M. (IST) and concluded on Saturday, December 27th, 2025, at 5:00 P.M. (IST). The company had issued the postal ballot notice on November 14th, 2025, seeking shareholder approval for the re-appointment.

Voting Results Overview

The resolution for re-appointing Shri Manoj Dixit (DIN: 06709232) as a Whole-Time Director received strong shareholder support. The voting results demonstrate clear approval from the company's shareholder base across different categories.

Voting Outcome:	Details
Total Votes in Favor:	1,03,66,07,383 shares
Total Votes Against:	6,58,32,234 shares
Percentage in Favor:	94.03%
Percentage Against:	5.97%
Total Members Voted:	1,050

Category-wise Voting Breakdown

The voting results showed participation across different shareholder categories, with the promoter and promoter group showing unanimous support for the resolution.

Category:	Shares Held	Votes Polled	Polling %	Votes in Favor	Votes Against	Favor %	Against %
Promoter Group:	76,35,13,104	76,35,13,104	100.00%	76,35,13,104	0	100.00%	0.00%
Public Institutions:	41,20,07,948	33,00,60,862	80.11%	26,42,61,154	6,57,99,708	80.06%	19.94%
Public Non-Institutions:	55,27,16,770	88,65,651	1.60%	88,33,125	32,526	99.63%	0.37%
Total Public:	1,72,82,37,822	1,10,24,39,617	63.79%	1,03,66,07,383	6,58,32,234	94.03%	5.97%

Regulatory Compliance

The company has fulfilled its regulatory obligations by submitting the scrutinizer's report dated December 29th, 2025, prepared by Jitesh Gupta, Partner of J. K. Gupta & Associates, Practicing Company Secretaries. The voting results have been filed in the prescribed format under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The voting results are also available on the company's website at www.inoxwind.com for shareholder reference. The resolution was conducted in accordance with Section 108 of the Companies Act, 2013, and the Companies (Management and Administration) Rules, 2014. The company had a total of 4,67,145 shareholders on the record date.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.25%	-12.24%	-9.61%	-35.53%	-30.02%	+570.07%

INOX Wind achieved a significant milestone with the inauguration of its advanced nacelle and hub manufacturing facility in Gujarat. The ceremony was presided over by Gujarat's Deputy Chief Minister Shri Harsh Sanghavi, marking a momentous occasion for India's renewable energy sector as the INOX GFL Group unveiled new solar and wind manufacturing facilities close to Ahmedabad.

New Manufacturing Facility Details

The newly inaugurated facility at Kalyangarh near Ahmedabad represents a major expansion of INOX Wind's manufacturing capabilities. Built to global manufacturing standards and approved by the National Institute of Wind Energy (NIWE), the facility demonstrates the company's commitment to quality and technological advancement.

Parameter:	Details
Facility Location:	Kalyangarh, near Ahmedabad
Manufacturing Capacity:	1.2GW
Product Focus:	Nacelles and hubs for 3MW and 4X MW class turbines
Approval Authority:	National Institute of Wind Energy (NIWE)
Manufacturing Standards:	Global standards

Strategic Advantages and Technology

The strategically located facility offers improved logistical access to renewable energy project sites across western and southern India, enhancing transportation efficiency and reducing execution timelines. The nacelle houses the key power-generating components of a wind turbine, including the gearbox, generator and electrical control systems, while the hub connects the rotor blades to the main shaft, together forming the core of a wind turbine.

The facility will manufacture components for INOX Wind's advanced 3MW class wind turbines and its upcoming 4X MW class turbines, expanding the company's technological offerings and market reach.

Dual Inauguration Event

The ceremony also featured the inauguration of Inox Solar's state-of-the-art solar module manufacturing facility at Bavla, Ahmedabad. This dual inauguration underscores the INOX GFL Group's comprehensive approach to renewable energy manufacturing.

Solar Facility Details:	Specifications
Capacity:	3GW solar module manufacturing
Technology:	N-type TOPCon solar modules using MIOR and G12R solar cells
Features:	Fully automated, bi-facial modules for dual-sided power generation
Location:	Bavla, Ahmedabad

Employment and Economic Impact

Deputy Chief Minister Shri Harsh Sanghavi highlighted the significant employment potential of these facilities, stating that the manufacturing plants will create more than 2,000 direct and indirect employment opportunities. He emphasized Gujarat's commitment to clean energy, innovation, and sustainable industrial development under the leadership of Prime Minister Shri Narendra Modi.

Ambitious Growth Plans

Mr. Devansh Jain, Executive Director of INOX GFL Group, outlined ambitious expansion plans for the solar business. The group targets a cumulative capacity of 11GW of solar module and 8GW of solar cell manufacturing capacity by FY27 in India and overseas, potentially resulting in annual revenue upwards of ₹20,000.00 crores. With this expansion, the total consolidated revenues for Inox Clean are projected to scale to approximately ₹30,000.00 crores by FY28.

Company Profile and Integration

INOX Wind Limited operates as India's leading wind energy solutions provider, serving IPPs, utilities, PSUs, and corporate investors. As part of the multi-billion-dollar INOX GFL Group with a legacy of over nine decades, the company maintains a fully integrated presence in the wind energy market with five state-of-the-art manufacturing plants across Gujarat, Himachal Pradesh, and Madhya Pradesh. The company's current manufacturing capacity stands at 2.5GW per annum with its state-of-the-art 3MW series WTG offering.