StockWatch
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Power Generation
Management Change12 Aug 2026, 05:12 pm

Insolation Energy Reappoints Manish Gupta as Chairman, Vikas Jain as MD

AI Summary

Insolation Energy Ltd announced the re-appointment of Mr. Manish Gupta as Whole-Time Director and Chairman, and Mr. Vikas Jain as Managing Director, both for a five-year term effective December 15, 2026. These appointments are subject to shareholder approval at the upcoming Annual General Meeting. The company also disclosed its un-audited financial results for the quarter ended June 30, 2026, showing a profit before tax of ₹174,997 Lakhs and total comprehensive income of ₹381,820 Lakhs. The board meeting was held on August 12, 2026.

Key Highlights

  • Manish Gupta re-appointed as Chairman and Whole-Time Director for 5 years.
  • Vikas Jain re-appointed as Managing Director for 5 years.
  • Appointments effective from December 15, 2026, pending shareholder approval.
  • Company reported Q1 FY27 un-audited financial results.
  • Profit before tax for Q1 FY27 stood at ₹174,997 Lakhs.