Intimation under Regulation 30 read with Regulation 24(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Appointment of Independent Director of the Company on the Board of unlisted Material Subsidiary Company
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Insolation Energy Limited's Board has appointed Mr. Anil Kumar Gupta, an existing Non-Executive Independent Director of the parent company, to the board of Insolation Green Energy Private Limited — an unlisted Material Subsidiary of the company. The appointment took effect from 25th May, 2026 and was approved in the Board meeting held on the same date. The appointment is disclosed under SEBI Listing Regulations, which require disclosure of such appointments for material subsidiaries. Mr. Gupta will now serve on both the parent and subsidiary boards.
This is a standard corporate governance move to strengthen oversight at the subsidiary level. No immediate material impact on the parent company's stock expected, though it reflects active board governance.