scrutinizer report of postal ballot
Awaiting price reaction for this filing.
Insilco Limited, which is under voluntary liquidation since 25 June 2021, announced the outcome of a postal ballot conducted via remote e-voting. The single resolution was to appoint Ms. Chaitali Talele (DIN: 10392374) as Managing Director in the Executive Director category for a five-year term from 10 October 2025 to 9 October 2030. The resolution was passed on 18 November 2025 with overwhelming approval: 4,58,90,680 votes (99.99%) in favour and only 5,086 votes (0.01%) against, out of 4,58,95,766 votes polled (73.18% of total shares). The promoter group voted 100% in favour (4,58,53,315 shares), while public shareholders voted 88.02% in favour and 11.98% against. Nityanand Singh & Co., Company Secretaries, acted as the scrutinizer and confirmed the resolution was duly passed.
Routine governance update with near-unanimous shareholder approval. Worth noting that the company is under voluntary liquidation yet is appointing a new Managing Director, which is an unusual combination shareholders may want to understand in the broader context of the liquidation process.