The Board of Directors at INOX Wind approved key resolutions on November 14, 2025, including the grant of 336,500 stock options to eligible employees under the ‘Inox Wind – Employee Stock Option Scheme 2024’. Additionally, Shri Manoj Dixit was re-appointed as a Whole-time Director for a further two-year term, effective December 3, 2025, subject to shareholder approval. The board also reviewed and approved the unaudited financial results for Q2 FY26.
Stock Options Approved
The Nomination & Remuneration Committee approved the grant of 336,500 stock options, convertible into an equal number of equity shares, to eligible employees based on the ‘Inox Wind – Employee Stock Option Scheme 2024’. These options are priced at a 50% discount to the closing market price of the company’s equity shares on November 13, 2025, with the price set at ₹148.56 per share. The options will vest after a minimum period of one year and can be exercised within four years from the vesting date.
Director Re-Appointment
Shri Manoj Dixit (DIN: 06709232) has been re-appointed as a Whole-time Director for a further period of two years, effective December 3, 2025. This re-appointment is subject to the approval of the shareholders. Dixit holds a Master’s Degree in Mechanical Engineering and has over 26 years of experience in Power Management.
Financial Performance: Q2 FY26
The Board reviewed and approved the Unaudited Standalone and Consolidated Financial Results for Q2 FY26 (July-September 2025). Key financial details include:
- Standalone Revenue from Operations: ₹94,742 lakhs
- Standalone Profit Before Tax: ₹30,623 lakhs
- Consolidated Revenue from Operations: ₹116,247 lakhs
- Consolidated Profit Before Tax: ₹16,940 lakhs
Source: BSE