BSEInsilco LtdHighNeutral
Announced Wed, 13 Aug · 15:20 IST

1. Un-Audited Financial Results for the Quarter/Three months ended on 30th June 2025 alongwith Limited Review Report 2. Appointment of Chief Financial Officer (CFO) 3. ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Insilco Ltd, which has been under voluntary liquidation since June 25, 2021, reported a loss of ₹95 lakhs for Q1 FY26 (quarter ended June 30, 2025), wider than the ₹67 lakh loss in the same quarter last year. Total income was just ₹8 lakhs, coming entirely from interest on financial assets, as the company's manufacturing operations have been suspended since October 2019 due to pollution control issues. The Board appointed Mr. Rajeev Agarwal as Chief Financial Officer effective August 13, 2025, following his prior cessation from the role on July 21, 2025 when the dissolution application was filed. Liquidator Ms. Kapila Gupta updated the Board that the voluntary liquidation process was completed on July 18, 2025, with liquidation proceeds of ₹4.58 per equity share (~₹28.72 crore total) distributed to shareholders in March 2025, and a dissolution application was filed with NCLT Allahabad on July 21, 2025.

Likely market impact

For shareholders: Liquidation proceeds of ₹4.58 per share have already been distributed, and the dissolution application has been filed—shareholders should expect the stock to be eventually delisted after NCLT approval. BSE trading has been suspended since October 2022, so there is no active market for the stock. This filing is largely procedural as the company winds down.