Unaudited Financial Results for the quarter ended on 30.06.2025 and Limited Review Report thereon
Awaiting price reaction for this filing.
Insilco Limited, which has been under voluntary liquidation since 25 June 2021, reported Q1 FY26 results with zero revenue from operations as its manufacturing plant at Gajraula has remained shut since October 2019 due to rejection of its pollution consent by the UPPCB. Total income was just Rs 8 lakhs (interest income), down from Rs 33 lakhs in the previous quarter and Rs 60 lakhs in the year-ago quarter. Total expenses stood at Rs 101 lakhs (mostly legal/professional fees of Rs 59 lakhs and loss allowance of Rs 20 lakhs), leading to a net loss of Rs 95 lakhs for the quarter (loss per share of Rs 0.15). The financial results have explicitly not been prepared on a going-concern basis. Key liquidation updates: liquidation process was completed on 18 July 2025, shareholders received Rs 4.58 per share as liquidation distribution (Rs 28.72 crore in total), and the dissolution application was filed before NCLT Allahabad on 21 July 2025. BSE trading in the stock has been suspended since October 2022.
This filing is largely a procedural disclosure during the wind-up of the company. Shareholders have already received the final distribution of Rs 4.58 per share, and the company has filed for dissolution. With BSE trading already suspended, there is no actionable impact for retail investors on stock price. The company is effectively in its final stages of being shut down.