Inox Wind Ltd

Inox Wind Limited (IWL) has signed a Memorandum of Understanding (MoU) with Inox Clean Energy to supply 1,500 MW of wind turbines. This agreement involves supplying IWL's advanced 3.3 MW and 4X MW wind turbines for renewable energy projects developed by Inox Clean across India. The MoU aligns with the INOXGFL Group's 'One Integrated' renewable strategy, aiming to create a comprehensive renewable energy ecosystem. This collaboration is expected to provide multi-year revenue visibility for Inox Wind, with Inox Clean targeting an operational renewable portfolio of 14 GW by FY29, with approximately 20-30% of annual additions expected to be wind-powered. This significantly boosts Inox Wind's order book to over 4.5 GW.

Inox Wind Ltd. will hold its 13th Extra-Ordinary General Meeting (EGM) on June 22, 2026, to seek shareholder approval for the continuation of Shri Mukesh Manglik as a Non-Executive Director upon reaching 75 years of age. Additionally, the EGM will address the proposed revision in the fixed remuneration of Shri Devansh Jain, Whole-Time Director, for the remainder of his tenure, effective April 1, 2026, until October 31, 2027. Remote e-voting will be available from June 18-21, 2026, for shareholders registered as of June 15, 2026.

Inox Wind Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The Statutory Auditors, M/s. Dewan P N Chopra & Co., issued unmodified audit reports on the standalone and consolidated financial results for the same period. The board meeting commenced at 3:35 P.M. and concluded at 4:00 P.M.

Inox Wind Ltd has announced a meeting of its Board of Directors on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company has also announced the closure of the trading window for designated persons from April 1, 2026, which will end 48 hours after the financial results are submitted to the stock exchanges.

Inox Wind Ltd. has released the Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, pertaining to the utilization of proceeds from the Rights Issue. The report, reviewed by the Audit Committee and Board of Directors on May 14, 2026, confirms no deviation from the stated objectives of the issue. The Rights Issue aggregated to ₹1249.33 crore.

Inox Wind Ltd confirms no deviation or variation in the utilisation of ₹1249.33 Crore issue proceeds raised through the Rights Issue as of March 31, 2026. The proceeds were utilised in line with the objects stated in the Letter of Offer. The Audit Committee reviewed and noted the nil deviation/variation in utilisation during their meeting held on May 14, 2026.

Inox Wind Ltd has announced the closure of its trading window for dealing in the securities of the company. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives. The trading window will remain closed from 1st April, 2026, till completion of 48 hours after the declaration of the Audited Financial Results for the quarter and financial year ending 31st March, 2026. The restriction on trading by designated persons and their relatives will be implemented by the Depositories by freezing their PAN at the security level during the Trading Restriction Period.

INOXGFL Group, through its companies Inox Clean Energy Limited and Inox Green Energy Services Limited, has emerged as a successful bidder for the acquisition of Wind World India’s IPP and O&M businesses. Inox Clean, through its subsidiary Inox Neo, will acquire Wind World’s 600 MW operational IPP portfolio, while Inox Green will acquire Wind World’s 4.5 GW wind O&M business. This acquisition will help Inox Clean expand its IPP portfolio with operational wind assets and set new growth benchmarks, while Inox Green, a part of the INOXGFL Group, will significantly expand its O&M scale and strengthen its position as a leading listed renewables O&M company in India.

Inox Wind Ltd has informed about the transmission of 1,27,032 equity shares (representing 0.01% of the paid-up share capital) from Late Shri Devendra Kumar Jain to Shri Vivek Kumar Jain, both members of the Promoter and Promoter Group. This transmission took place on 16th February, 2026. Following the transmission, Shri Vivek Kumar Jain's shareholding has increased to 3,20,09,472 equity shares, representing 1.85% of the paid-up share capital. Late Shri Devendra Kumar Jain has ceased to be part of the Promoter and Promoter Group, and his name will be deleted from the Shareholding Pattern of the Company.

CARE Ratings Limited, the monitoring agency for Inox Wind Ltd's rights issue, has submitted a report for the quarter ended 31st December, 2025. The report confirms that the proceeds from the rights issue have been utilized as per the objects disclosed in the offer document. The unutilized amount has been parked in term deposits with scheduled commercial banks. The report also notes that there are no material deviations from the earlier monitoring agency reports and all government/statutory approvals have been obtained.