Insecticides (India) Limited has informed the Exchange about Resignation of Director/KMP/SMP
INSECTICID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board meeting held on May 28, 2026 approved multiple changes. Mrs. Nikunj Aggarwal resigned as Whole Time Director citing personal reasons, with immediate effect. In her place, Mr. Sanskar Aggarwal (son of Managing Director Rajesh Kumar Aggarwal and grandson of Chairman Hari Chand Aggarwal) was appointed as Whole Time Director for 5 years, pending shareholder approval. Mr. Atul Kumar was appointed as Vice President-Sales (North), a Senior Management Personnel. The company also reported audited standalone profit before tax of Rs 18,197.70 lakh for FY2026 and proposed an Employee Stock Purchase Scheme 2026 with up to 2,00,000 equity shares for employees.
The resignation of Mrs. Nikunj Aggarwal and appointment of Mr. Sanskar Aggarwal (promoter family member) represents a generational transition in the board. The company continues to perform well financially with profit after tax of Rs 14,013.96 lakh for FY2026.