appointment of Ms. Shivangi Negi as Managinf Director of the Company
Awaiting price reaction for this filing.
Insilco Limited, a company under voluntary liquidation since 25 June 2021, has appointed Ms. Shivangi Negi as Managing Director (Executive Director category) for a 5-year term starting 14 February 2026, subject to shareholder approval. She replaces Ms. Chaitali Talele, who resigned as Managing Director and from all committee positions effective close of business on 13 February 2026. Ms. Negi is a Chartered Accountant with 18 years of experience spanning controlling, finance, budgeting, and internal audits; she previously served as CFO at Insilco (from 2008) before moving to Evonik India in 2021, where she most recently held the Deputy CFO role. She is not related to any existing director and holds no shares in the company.
This is a routine leadership transition at a company that is already under voluntary liquidation, so day-to-day operating impact is limited. Shareholders should note that the appointment still requires member approval and that the board is being reconstituted during the wind-down process.