Key Resolution Details

  • Resolution Type: Special Resolution
  • Subject: Appointment of Dr. S.R. Shriraam Shekher (DIN: 01885451) as Independent Director
  • Term: 5 consecutive years from 30th September, 2026 to 29th September, 2031
  • Board Approval Date: 30th September, 2026 (via circular resolution)
  • Voting Mode: Remote e-voting only through CDSL

Voting Timeline

  • Cut-off date: Friday, 6th November, 2026
  • E-voting commencement: Wednesday, 18th November, 2026 at 9:00 AM IST
  • E-voting conclusion: Thursday, 17th December, 2026 at 5:00 PM IST
  • Result declaration: Within two working days after voting conclusion

Scrutinizer Appointment

M/s KRA & Associates, Practicing Company Secretaries, Chennai appointed as scrutinizer for fair and transparent voting process.

Director Qualifications and Experience

  • Name: Dr. S.R. Shriraam Shekher
  • DIN: 01885451
  • Age: 65 years
  • Qualifications: M.Com, MBA, M.L., Ph.D.
  • Professional Background: Insolvency Professional, Advocate, Accredited Mediator/Arbitrator
  • Experience: 16 years Indian Air Force service, 15 years as Promoter Director and CEO, 14 years legal practice
  • Specialization: Interim Resolution Professional, Resolution Professional, Liquidator and Monitoring Committee Chairman in insolvency matters
  • Empanelment: SBI, IOB, IDBI Bank, Indian Bank, and PNB
  • Certifications: Certified Independent Director, CSR Professional, Mediator (IICA), Certified Forensic Auditor (ICSI)
  • Databank Registration: IDDB-DI-202003-020908

Statutory Declarations Received

The Company has received all required statutory declarations including:

  • Consent to act as Director (Form DIR-2)
  • Independence declaration under Section 149(7) and Regulation 25(8)
  • Non-disqualification declaration (Form DIR-8)
  • Independent Directors' Databank registration confirmation
  • Declaration of non-debarment by SEBI or other authorities
  • Member notice under Section 160(1) proposing candidature

Remuneration Terms

Dr. Shekher shall be entitled to:

  • Sitting fees for attending Board and Committee meetings
  • Reimbursement of expenses for participating in meetings
  • Remuneration within limits prescribed under Section 197(5) of Companies Act, 2013

Shareholding Details

As of the notice date, Dr. Shekher holds:

  • Own shares: Nil
  • Beneficial shares: Nil

Current Directorships and Committee Memberships

  • Directorships in other companies (excluding foreign): Nil
  • Committee memberships/chairpersonships: Nil
  • Resignations from listed entities in past 3 years: Nil

Document Availability

The Postal Ballot Notice and related documents including draft letter of appointment are available:

  • On Company website: www.indowind.com
  • For inspection at Registered Office between 11:00 AM - 5:00 PM on working days
  • Through email request to contact@indowind.com with required identification documents

Voting Process Details

  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Platform: www.evotingindia.com
  • RTA: Bigshare Services Private Limited, Mumbai
  • Grievance Contact: Mr. Rakesh Dalvi, Sr. Manager at CDSL (helpdesk.evoting@cdslindia.com, toll-free: 1800 21 09911)

KYC Compliance Requirements

Physical shareholders must update PAN, KYC details, and nomination particulars with RTA to avail services and receive dividend payments electronically.

Financial Impact

No specific financial impact quantified in the disclosure. Remuneration limited to sitting fees and expense reimbursements as per statutory limits.