StockWatch
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Other Electrical Equipment
Board Meeting3 Oct 2026, 06:00 pm

Hindusthan Insulators Board Approves Unaudited Results, CFO Appointment

AI Summary

Hindusthan Insulators & Industries Ltd announced key decisions from its Board of Directors meeting held on October 03, 2026. The board approved the un-audited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report from M/s K.N. Gutgutia & Co. Significant management changes were also approved: Mr. Shailendra Jhalani resigned as CFO to be appointed as Whole-time Director (Deputy Managing Director) from October 04, 2026, for a three-year term. Additionally, Mr. Mool Chand Gauba was appointed as a Non-Executive Independent Director for a five-year term starting October 03, 2026. The company also approved an increase in its authorized share capital.

Key Highlights

  • Board approved un-audited financial results for Q2 and H1 FY27.
  • CFO Shailendra Jhalani appointed Whole-time Director (Deputy MD).
  • Mr. Mool Chand Gauba appointed Non-Executive Independent Director.
  • Authorized share capital of the company has been increased.
  • Amendments to Clause V of the Memorandum of Association were approved.