Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we enclose ....
INA · price
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Awaiting price reaction for this filing.
Insolation Energy Ltd conducted a postal ballot (through remote e-voting) from 11th September to 10th October 2025, with results declared on 10th October 2025. Two special resolutions were put to vote, and both were passed unanimously with 100% votes in favor (157,672,000 shares) and zero votes against. The first resolution approves migration of the company's equity shares from the SME platform of BSE to the main board of BSE Limited. The second resolution approves making an application for direct listing/trading of equity shares on the main board of NSE. The Board had approved seeking member consent on 14th August 2025, and NSDL was engaged as the e-voting facilitator with a Practicing Company Secretary acting as Scrutinizer.
This is a significant positive development for shareholders — the company is graduating from the BSE SME platform to the main board of both BSE and NSE, which typically improves liquidity, widens the investor base, and may enhance valuation visibility. Expect increased trading activity and broader institutional participation once the migration is completed.