
Board Meeting13 Nov 2026, 05:56 pm
Inox Wind Board Approves Q2 FY27 Results, Appoints New MD
AI Summary
Inox Wind Limited's Board of Directors convened on November 13, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board also approved the appointment of Shri Saibaba Vutukuri as the Managing Director (Wind Business) of INOXGFL Group, effective November 14, 2026. Concurrently, the Board accepted the resignation of Shri Sanjeev Agarwal as Chief Executive Officer, effective November 13, 2026, with an advisory role until December 31, 2026. Additionally, the Nomination & Remuneration Committee approved the grant of 1,45,006 stock options under the 'Inox Wind - Employee Stock Option Scheme 2024'.
Key Highlights
- Board approved Q2 FY27 unaudited financial results.
- Shri Saibaba Vutukuri appointed as MD (Wind Business).
- Shri Sanjeev Agarwal resigned as CEO, to serve as advisor.
- 1,45,006 stock options granted to employees.
- Limited Review Reports from statutory auditors enclosed.
Price Impact
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