Inox Wind Energy Limited informed that the Board of Directors of the Company in their meeting held on 9th February 2024, have approved the appointment of Mr. Uday Shankar Prasad as Company Secretary and Compliance Officer of the Company, who shall also be a Key Managerial Personnel of the Company, effective from 10th February 2024 in terms of Section 203 of the Companies Act, 2013 and applicable Listing Regul place of Mr. Deepak Banga, Company Secretary and Compliance Officer who has stepped down from the position effective from 9th February, 2024. The holding-subsidiary relationship between Inox Wind Energy Limited (the Company) and Inox Wind Limited has ceased to exist. Consequently, it is not permissible for the same person to hold the position of Key Managerial Personnel (Company Secretary) in both companies simultaneously in terms of Section 203 of the Companies Act, 2013.

Hence, Mr. Deepak Banga, who has been the Company Secretary and Compliance Officer of both the companies, has resigned from the position of Company Secretary and Compliance Officer of the Company, as he will continue to hold the position of Company Secretary and Compliance Officer of IWL. Mr. Uday Shankar Prasad is a qualified Company Secretary (ICSI Membership No.: ACS 28282) and also a Law graduate. He has more than 12 years of experience in handling Secretarial compliances.

He has earlier worked with Oriental Trimex Limited besides others. He has been associated with InoxGFL Group since 2019.