Appointment of Mr. Sanskar Aggarwal as Whole Time Director (Additional)
INSECTICID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Insecticides (India) Limited reported strong FY2026 standalone profit after tax of Rs 14,024.92 lakhs with revenue from operations at Rs 4,28,087.96 lakhs. Basic EPS stood at Rs 46.68. The Board also approved formulation of Employee Stock Purchase Scheme 2026 (IIL ESPS) for up to 2,00,000 equity shares, subject to shareholder approval at the 29th AGM on August 12, 2026. Mrs. Nikunj Aggarwal resigned as Whole Time Director with immediate effect. Mr. Sanskar Aggarwal (DIN: 09675297) has been appointed as Whole Time Director (Additional) for 5 years effective May 28, 2026, subject to shareholder approval. Additionally, Mr. Atul Kumar was appointed as VP-Sales (North) and M/s T Jain & Associates appointed as Internal Auditor.
The resignation and immediate appointment within the same family (Aggarwal) represents a management transition at the board level. The company reported healthy financial performance with ~7% YoY increase in profit after tax. The new ESPS scheme could help retain talent.