StockWatch
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Other Electrical Equipment
Management Change3 Oct 2026, 05:40 pm

Hindusthan Insulators Appoints Shailendra Jhalani as Deputy MD

AI Summary

Hindusthan Insulators & Industries Ltd announced significant management changes following a Board of Directors meeting on October 3, 2026. Mr. Shailendra Jhalani resigned as CFO to be appointed as Whole-time Director, designated as Deputy Managing Director, for a three-year term starting October 4, 2026. Additionally, Mr. Mool Chand Gauba was appointed as a Non-Executive Independent Director for a five-year term. The Board also approved the un-audited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report. The company also proposed an increase in its authorized share capital.

Key Highlights

  • Shailendra Jhalani appointed Deputy Managing Director.
  • Mool Chand Gauba appointed Non-Executive Independent Director.
  • Unaudited financial results for Q2 FY27 approved.
  • Authorized share capital to be increased.
  • Management changes effective October 2026.