NSEAction(s) taken or orders passed6 Oct 2026 · 6 Oct 2026, 04:46 pm

Action(s) taken or orders passed

Indowind Energy Limited · INDOWIND

✦ AI Summary▲ PositiveRegulatory

Indowind Energy Limited has informed the Exchange about a favourable court order in a commercial summary suit filed by the company against Bank of Baroda, resulting in the company being entitled to receive ₹1,00,00,000/- with interest, which is expected to strengthen the company's financial position and provide additional resources for expansion and repowering projects.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Indowind Energy Limited has informed the Exchange about Action(s) taken or orders passed

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INDOWIND_06102026164635_re.pdf

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06th October, 2026 The BSE Ltd. The National Stock Exchange of India Ltd. 1st Floor, New Trading Wing, Rotunda Exchange Plaza, 5th Floor, C – 1, Block G Building Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Bandra (E) Dalal Street, Fort Mumbai – 400001 Mumbai – 400051 Scrip Code: 532894 Symbol: INDOWIND Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order passed by the Bombay City Civil Court in Commercial Summary Suit No. 502 of 2024 Pursuant to Regulation 30 read with Part B of Schedule III of the SEBI (LODR) Regulations, 2015, we inform you of the following order passed in a suit filed by the Company VS BANK OF BARODA. The details are set out below: Sr. Particulars Details i. Name of the authority Bombay City Civil Court, Greater Mumbai at Mazgaon (Commercial Court) (H. C. SUMMARY SUIT NO.1614 OF 2007) ii. Nature and details of the action(s) Final judgment and decree passed in favour of taken or order(s) passed the Company (Plaintiff). The suit has been partly decreed with costs. The Court has directed the Defendant bank to pay / encash Bank Guarantee No. MPN/RCK/CICON/182/03-04 dated 26/05/2003 for Rs. 1,00,00,000/- (Rupees One Crore only) in favour of the Company, together with simple interest at 12% p.a. from 17/06/2004 (date of invocation) till realisation of the entire amount. iii. Date of receipt of direction or 06th October 2026. order, including any ad-interim or interim orders, or any other communication from the authority iv. Details of the Not Applicable violation(s)/contravention(s) committed or alleged to be committed Sr. Particulars Details v. Impact on financial, operation or Positive Impact: other activities of the listed entity, 1. The Company is entitled to receive the quantifiable in monetary terms to principal amount of the Bank the extent possible Guarantee of ₹1,00,00,000/-, together with interest at 12% per annum from 17 June 2004 until the date of payment. 2. The Company expects to realise a substantial amount towards the interest accrued over the past 23 years. 3. The realisation of the aforesaid amount will significantly strengthen the Company’s financial position and provide additional resources to undertake larger expansion and repowering projects. 4. The proposed expansion and repowering initiatives are expected to contribute to the growth of the Company’s turnover and profitability. 5. There is no adverse impact on the operations of the Company arising from the matter. Thanking you, Yours faithfully, For Indowind Energy Limited B Sharath Company Secretary & Compliance Officer