Insilco Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/10/2025 ,inter alia, to consider and approve -approval for change in designation ....
Awaiting price reaction for this filing.
Insilco Ltd, which is under voluntary liquidation since June 2021, has scheduled a Board meeting on 9th October 2025. The Board will consider two key items: changing the designation of Mr. Vinod Paremal from Executive Director to Non-Executive Director, and appointing Ms. Chaitali Talele as the new Managing Director (Executive Director category). The company filed this notice with BSE under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements. The decision will be formally approved at the upcoming Board meeting.
For shareholders, this signals a leadership transition with a new Managing Director coming in while an existing Executive Director moves to a non-executive role. Given the company is already under voluntary liquidation, this could be a routine restructuring step related to the liquidation process rather than a typical operational change.