Modern Insulators Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, demonstrating exceptional performance across key financial metrics. The company's board meeting held on February 10, 2026, approved both standalone and consolidated financial results along with other significant corporate decisions.

Outstanding Q3FY26 Financial Performance

The company delivered remarkable financial results for the quarter ended December 31, 2025, showcasing substantial growth across revenue and profitability metrics.

Nine Months Performance Overview

For the nine months ended December 31, 2025, Modern Insulators maintained strong momentum with revenue from operations reaching ₹51,727.43 lacs compared to ₹34,332.07 lacs in the corresponding period last year. Net profit for the nine-month period stood at ₹5,833.16 lacs against ₹3,014.74 lacs in the previous year, representing a growth of 93.52%.

Segment-wise Business Performance

The company operates primarily in two business segments, with insulators being the dominant revenue contributor.

Board Decisions and Corporate Governance

The board meeting, which commenced at 6:00 PM and concluded at 8:00 PM on February 10, 2026, addressed several important matters beyond financial results approval.

Regulatory Compliance and Publication

Following the board approval, Modern Insulators fulfilled its regulatory obligations under SEBI (LODR) Regulations 2015. The company published its unaudited financial results in leading newspapers on February 12, 2026, including "Indian Express" (English edition) and "Jan Satta" (Hindi edition), ensuring compliance with Regulation 47 requirements.

Legal and Regulatory Updates

The company provided updates on significant legal proceedings affecting its operations. The National Company Law Tribunal (NCLT), Jaipur Bench, disposed of the company's petition regarding the Scheme of Arrangement between Modern Insulators Limited and Modern Denim Limited on January 22, 2026. The management is currently reviewing the NCLT order and exploring appropriate steps for requisite compliances.

Financial Position and Key Metrics

Modern Insulators maintains a strong financial position with total assets of ₹68,593.08 lacs as of December 31, 2025, compared to ₹58,150.17 lacs in the previous year. The company's paid-up equity share capital remains stable at ₹4,714.39 lacs with a face value of ₹10.00 per share. The results were prepared in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance.

Modern Insulators Limited has announced a postal ballot seeking shareholder approval for key leadership changes. The company has issued a notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, proposing the appointment of Shri Shreyans Ranka as Joint Managing Director.

Appointment Details and Remuneration Structure

The Board of Directors approved Ranka's appointment at their meeting held on January 08, 2026, based on the recommendation of the Nomination and Remuneration Committee. Currently serving as Whole-time Director, Ranka will transition to the role of Joint Managing Director for a five-year term effective from January 08, 2026.

The remuneration package includes additional perquisites such as gratuity benefits, medical expense reimbursements, free use of company car with driver, and telephone facility for business purposes. The Board retains authority to revise remuneration based on Nomination & Remuneration Committee recommendations.

E-Voting Process and Timeline

Modern Insulators has engaged Central Depository Services Limited (CDSL) to facilitate the remote e-voting process. Ms. Anshika Gupta, a Practising Company Secretary, has been appointed as Scrutinizer to ensure fair and transparent conduct of the postal ballot.

Shareholders whose names appear on the Register of Members or List of Beneficial Owners as on the cut-off date of January 23, 2026, are eligible to participate in the e-voting process. The postal ballot notice is being sent electronically to members with registered email addresses.

Leadership Background and Qualifications

Shri Shreyans Ranka brings significant educational credentials and industry experience to the role. He holds a Bachelor's degree in Industrial Engineering from University of Illinois at Urbana Champaign, USA, and a Master's in Management from Imperial Business School, London. His expertise spans finance and corporate management areas.

The Board noted that Ranka has demonstrated strong leadership capabilities and possesses deep understanding of the company's business operations, strategic initiatives, and corporate governance framework during his tenure as Whole-time Director.

Regulatory Compliance and Shareholder Information

The appointment follows provisions of Sections 196, 197, 203 and other applicable sections of the Companies Act, 2013, read with Schedule V. In case of absence or inadequacy of profits in any financial year, Ranka's remuneration will be governed by limits specified in Schedule V of the Companies Act, 2013.

Shareholders can access the complete postal ballot notice on the company's website at www.moderninsulators.com , BSE website, and CDSL's e-voting portal. The company has made arrangements for shareholders to register their email addresses for receiving electronic communications and participating in the voting process.