Intimation of Scrutinizer Report of Postal Ballot through Remote E-voting
Awaiting price reaction for this filing.
Insilco Ltd, which is under voluntary liquidation since June 25, 2021, conducted a postal ballot via remote e-voting (NSDL platform) with the voting window open from February 27, 2026 to March 28, 2026. Two ordinary resolutions were approved with overwhelming shareholder support – over 99.98% of votes cast were in favour. Resolution 1 approved the appointment of Ms. Shivangi Negi (DIN: 10823339) as Managing Director in the Executive Director category for a 5-year term from February 14, 2026 to February 13, 2031. Resolution 2 approved the appointment of Ms. Deepa Jha (DIN: 11515789) as Director. Of the 6.27 crore total outstanding shares, 4.59 crore (73.17% of capital) participated in voting; the promoter group voted 100% in favour while public-others voted 80.66% in favour.
Since the company is already under voluntary liquidation, these director appointments relate to governance continuity during the wind-down process rather than going-concern operations, and are unlikely to materially move the stock price. Shareholders should note that despite liquidation status, new director appointments are being formally put to vote, which is procedurally noteworthy.