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Management change

Indowind Energy S.R. Shriraam Shekher appointed

Indowind Energy (INDOWIND) said S.R. The company is valued at about ₹139 crore.

BCEIE News Desk · Published 30 Sept 2026, 05:43 pm IST · Filing received 30 Sept 2026, 05:26 pm IST

What happened

Indowind Energy (INDOWIND) told the exchanges on 30 September 2026 at 05:26 PM that S.R. Shriraam Shekher has been appointed.

From the filing: "Wednesday, 30 th September 2026, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Dr."

Company snapshot

Indowind Energy is a micro-cap company, with a market value of about ₹139 crore.

The stock last traded at ₹8.64, against a 52-week range of ₹7–₹18.94 (54.4% below the high).

Before this filing the shares had moved −6.2% over the month and −9.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.08 crore.

Promoters held 48.20% at the end of Q1 FY27; 25.26% of promoter shares were pledged. Foreign institutions owned 0.02% and domestic institutions 0.00%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26122.30.2
Q2 FY26184.60.37
Q3 FY2660.40.03
Q4 FY265-7.5-0.46
Q1 FY27800.13

What history shows

BCEIE's records show 3 previous management change filings from the company since May 2026.

After those filings, the stock was unchanged 0.0% on average the next trading day and was down 1.1% on average after five days (3 filings with price data).

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
15 Sept 2026Management change−1.5%−1.0%
9 Sept 2026Resignation of Mr BATHEY RAMAMURTHYBASKARAN as Non- Executive…+0.8%−1.1%
9 Sept 2026Resignation of Director/KMP/SMP+0.8%−1.1%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.