Inox Green Energy Services Limited — Others, 31-01-2025: Change in Director(s)

Inox Green Energy Services Limited has approved its unaudited financial results for the quarter and nine months ended December 31, 2024, and reported total income of ₹7,185 lakh, reflecting a decline compared to previous periods. The Board has also re-appointed Shri Mukesh Manglik as a Whole-time Director for another year effective May 19, 2025, subject to shareholder approval. This strategic move aims to leverage his extensive experience in the wind energy sector.

Despite challenges related to pending litigation and the operational performance of its Special Purpose Vehicles (SPVs), management maintains a positive outlook, believing these will not materially affect financials. Investors may see this as a sign of stability, though vigilance is recommended given ongoing legal matters and regulatory concerns.