Insecticides (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
INSECTICID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Insecticides (India) Limited met on May 28, 2026 and approved audited financial results for Q4 and FY ended March 2026, reporting standalone total income of Rs 2,00,949 lakh and profit before tax of Rs 18,198 lakh with unmodified audit opinion. Mrs. Nikunj Aggarwal resigned as Whole Time Director with immediate effect. Mr. Sanskar Aggarwal was appointed as Whole Time Director (Additional) for 5 years, also joining the subsidiary Kaeros Research Limited. Both appointments require shareholder approval at the 29th AGM scheduled for August 12, 2026. The Board also approved an Employee Stock Purchase Scheme 2026 (ESPS) for up to 2,00,000 equity shares and appointed M/s. T Jain & Associates as Internal Auditor for 5 years.
The resignation of Mrs. Nikunj Aggarwal and appointment of Mr. Sanskar Aggarwal appears to be a family succession within the board. The company reported steady financial performance for FY26 with positive cash flows from operations of Rs 10,872 lakh. The ESPS scheme may help retain employees but involves dilution.