Board Meeting28 May 2026, 09:49 pm
Board approves FY26 results, new ESPS, and management changes
AI Summary
Insecticides (India) Limited's Board of Directors, at their meeting on May 28, 2026, approved the Audited Financial Results for the Quarter and Year ended March 31, 2026. The Board also approved the formulation of an Employee Stock Purchase Scheme 2026 (IIL ESPS Scheme 2026) for up to 2,00,000 Equity Shares, subject to shareholder approval. Additionally, Mrs. Nikunj Aggarwal resigned as Whole-Time Director, and Mr. Sanskar Aggarwal was appointed as a new Whole-Time Director for five years. Mr. Atul Kumar was appointed as Vice President-Sales (North), a Senior Management Personnel.
Key Highlights
- Audited financial results for Q4 and FY26 were considered and approved.
- Employee Stock Purchase Scheme 2026 for 2 lakh shares was approved.
- Mrs. Nikunj Aggarwal resigned as Whole-Time Director.
- Mr. Sanskar Aggarwal appointed as Whole-Time Director for five years.
- Mr. Atul Kumar appointed as Vice President-Sales (North).
Price Impact
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