Insilco Q1 FY27 Results Filed - Company Under Voluntary Liquidation
Awaiting price reaction for this filing.
Insilco filed Q1 FY27 unaudited results with BSE. The company has been under voluntary liquidation since June 25, 2021; the liquidation process was completed on July 18, 2025 and a dissolution application is pending before NCLT Allahabad. The statutory auditor, Shiv and Associates, flagged that the results were not prepared on a going concern basis. The auditor also highlighted ongoing proceedings before the Deputy Labour Commissioner where 35 ex-employees seek reinstatement, alleging the VRS was not voluntary. The auditor issued a modified limited review report.
Stock is essentially a defunct entity in liquidation; outcomes of the pending NCLT dissolution application and labour claims will determine any residual shareholder value.