Intimation in pursuant to regulation 30 of the SEBI (LODR), 2015 regarding appointment of Secretarial Auditor.
Awaiting price reaction for this filing.
Insilco Limited, which is under voluntary liquidation since June 25, 2021, has appointed Mr. Nityanand Singh (Proprietor of M/s. Nityanand Singh & Co., a Practicing Company Secretary firm established in 1995) as its Secretarial Auditor. The appointment is for five consecutive years, from April 1, 2025 to March 31, 2030, and is subject to shareholder approval at the upcoming 37th Annual General Meeting. The decision was recommended by the Audit Committee and approved by the Board on May 26, 2025. This is filed under SEBI LODR Regulation 30 read with the November 2024 SEBI Master Circular.
This is a routine regulatory compliance filing related to auditor appointment and is unlikely to have any material impact on the stock price. Shareholders will get to vote on this appointment at the forthcoming AGM, but given that the company is already under voluntary liquidation, the practical significance is limited.