Outcome of the Adjourned 37th AGM of Insilco Limited held on 17th September 2025 at 02:00 PM
Awaiting price reaction for this filing.
Insilco Limited (BSE Scrip Code: 500211), which is under voluntary liquidation since 25 June 2021, held its Adjourned 37th Annual General Meeting on 17 September 2025 via video conferencing. Out of 38,386 total shareholders as on the 3 September 2025 cut-off date, only 9 attended (1 promoter group, 8 public). The meeting was chaired by Ms. Sonia Prashar, with Liquidator Ms. Kapila Gupta also present. Three resolutions were taken up: (1) adoption of the audited financial statements for FY ended 31 March 2025, which had qualifications in the auditor's report; (2) re-appointment of Ms. Chaitali Talele (DIN: 10392374) as director, who retires by rotation; and (3) appointment of M/s. Nityanand Singh & Co. as Secretarial Auditors for up to 5 consecutive years. E-voting results are to be announced within two working days.
The AGM is largely procedural given the company has been under voluntary liquidation since June 2021, so it is unlikely to have any material positive effect on the stock or shareholder value. Shareholders should watch the upcoming e-voting results and any further updates on the liquidation process and distribution.