Insolation Energy Schedules Board Meeting on May 25, 2026 to Consider FY26 Audited Financial Results and ESOP Allotment

Insolation Energy has notified the stock exchanges of a Board of Directors meeting scheduled for Monday, May 25, 2026, in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on May 18, 2026, and signed by Nitesh Sharma, Company Secretary & Compliance Officer.

Board Meeting Agenda

The upcoming board meeting has been convened to consider and approve key corporate matters. The following items are on the agenda:

Agenda Item:	Details
Financial Results:	Standalone and consolidated audited financial results for the quarter and year ended March 31, 2026
ESOP Allotment:	Allotment of equity shares under Insolation Energy Employee Stock Option Plan 2024 (ESOP 2024)
Other Business:	Any other business as may be transacted

Trading Window Closure

In continuation of the company's earlier communication dated March 26, 2026, regarding the closure of the Trading Window from April 1, 2026, Insolation Energy has informed that the Trading Window will remain closed until May 27, 2026 (both days inclusive). This restriction applies to all designated persons of the company and their immediate relatives, and will remain in effect until 48 hours after the declaration of the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026.

Regulatory Compliance

The board meeting intimation has been submitted to both BSE Limited and the National Stock Exchange of India Limited as part of the company's ongoing disclosure obligations under SEBI listing regulations. The notice was formally communicated to the Listing Departments of both exchanges by Nitesh Sharma, Company Secretary & Compliance Officer (ACS: 66702), on behalf of Insolation Energy.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.97%	+3.23%	-6.07%	+38.61%	+38.61%	+38.61%

Insolation Energy Limited has successfully concluded its postal ballot proceedings on 17th April, 2026, securing overwhelming shareholder approval for the appointment of Mr. Shreemat Pandey as Non-Executive Independent Director. The company announced the results following the completion of the remote e-voting process, demonstrating strong investor confidence in the proposed appointment.

Comprehensive Voting Results by Shareholder Category

The special resolution for Mr. Shreemat Pandey's appointment received exceptional support across all shareholder categories, with detailed breakdown showing varying participation levels:

Category	Shares Held	Votes Polled	Polling %	Votes in Favor	Votes Against	Approval %
Promoter Group	145,707,001	145,699,000	99.99%	145,699,000	0	100.00%
Public Institutions	4,136,513	973,500	23.53%	973,500	0	100.00%
Public Non-Institutions	70,551,111	382,790	0.54%	168,240	214,550	43.95%
Total	220,394,625	147,055,290	66.72%	146,840,740	214,550	99.85%

The voting process was conducted entirely through remote e-voting via National Securities Depository Limited (NSDL) platform. Mr. Akshit Kumar Jangid, Practicing Company Secretary (FCS 11285, CP No. 16300) from M/s. Pinchaa & Co., served as the scrutinizer to ensure fair and transparent proceedings.

Timeline and Process Details

The postal ballot process followed a structured timeline in compliance with regulatory requirements:

Key Milestone	Date	Details
Board Decision	12th February, 2026	Board approved postal ballot proceedings
Cut-off Date	13th March, 2026	Record date for eligible shareholders (13,994 shareholders)
Notice Dispatch	18th March, 2026	Email distribution to registered shareholders
E-voting Period	19th March - 17th April, 2026	Remote voting window (9:00 AM to 5:00 PM IST)
Result Declaration	17th April, 2026	Official announcement of voting outcomes

The company ensured compliance with Ministry of Corporate Affairs (MCA) circulars and SEBI regulations throughout the process. Advertisement notifications were published in "Financial Express" (English Edition) and "Nafa Nuksan" (Hindi Edition) newspapers on 18th March, 2026.

Director Appointment Details

Mr. Shreemat Pandey (DIN: 00411662) has been appointed as Non-Executive Independent Director for a five-year term. The appointment specifics include:

Parameter	Details
Effective Date	5th February, 2026
Term Duration	Five consecutive years (until 4th February, 2031)
Category	Non-Executive Independent Director
Rotation Status	Not liable to retire by rotation
Initial Appointment	Additional Director by Board on 5th February, 2026

Mr. Pandey has submitted the required declaration confirming his independence criteria under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations.

Scrutinizer Report and Regulatory Compliance

The scrutinizer's report confirmed the integrity of the voting process, with votes downloaded from NSDL's e-voting platform in the presence of two independent witnesses - Ms. Krati Upadhyay and Mr. Mohit Asrani. The postal ballot was conducted pursuant to Section 108 and 110 of the Companies Act, 2013, along with applicable rules and SEBI Listing Regulations.

Company Secretary Nitesh Sharma (ACS: 66702) oversaw the compliance aspects and result dissemination as required under Regulation 44(3) of SEBI Listing Regulations. The process incorporated recommendations from the Nomination and Remuneration Committee and received Board approval.

The successful completion of this postal ballot demonstrates Insolation Energy Limited's commitment to corporate governance and shareholder engagement, with the overwhelming approval reflecting strong stakeholder confidence in the company's leadership decisions.