Management Change12 Aug 2026, 05:21 pm
Insolation Energy Reappoints MD & Whole-Time Director
AI Summary
Insolation Energy Ltd announced the re-appointment of Mr. Vikas Jain as Managing Director and Mr. Manish Gupta as Whole-Time Director and Chairman. Both appointments are for a period of five years, effective from December 15, 2026, and are subject to shareholder approval. The company also disclosed its un-audited financial results for the quarter ended June 30, 2026, reporting revenue from operations of ₹74,069.83 Lakhs and a profit before tax of ₹4,465.38 Lakhs. The Board meeting where these decisions were made was held on August 12, 2026.
Key Highlights
- Mr. Vikas Jain re-appointed as MD for five years from Dec 15, 2026.
- Mr. Manish Gupta re-appointed as Whole-Time Director & Chairman.
- Quarterly results for June 2026 show revenue of ₹74,069.83 Lakhs.
- Profit before tax for the quarter stood at ₹4,465.38 Lakhs.
- Appointments require shareholder approval at the upcoming AGM.
Price Impact
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