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 Limited has scheduled a Board and Nomination & Remuneration Committee meeting for 9 October 2025. The Board will consider changing Mr. Vinod Paremal's designation from Executive Director to Non-Executive Director. It will also consider appointing Ms. Chaitali Talele (DIN: 10392374) as Managing Director in the Executive Director category. Notably, the company has been under voluntary liquidation since 25 June 2021, which provides important context for these leadership changes.
For shareholders, this signals a leadership reshuffle at a company already under voluntary liquidation since mid-2021. The appointment of a new Managing Director alongside the existing executive stepping into a non-executive role may relate to the liquidation process or any residual corporate matters. The stock is likely thinly traded and of limited interest given the liquidation status.