Indowind Energy Limited — Others, 12-08-2025: Appointment

Indowind Energy's board approved its financial results for the quarter. Consolidated revenue stood at ₹11.55 Cr with a profit of ₹2.58 Cr. The company has scheduled its 30th Annual General Meeting (AGM) and is seeking shareholder approval for the appointment of Mr. Baskaran B R and Mr. Sridhar as Independent Directors for five-year terms. Auditors issued a qualified opinion on the financial results, citing concerns regarding non-recognition of credit loss on receivables, accounting for an arbitration claim, and the realizability of a bank guarantee. Investors should note these accounting observations.