Indsil Hydro Power & Manganese has successfully completed its postal ballot process for the appointment of five directors, with all resolutions receiving overwhelming shareholder approval. The company announced the results on December 19, 2025, marking the completion of a strategic leadership enhancement initiative.

Postal Ballot Results Overview

The voting process concluded on December 18, 2025, with results declared on December 19, 2025. All five proposed director appointments were approved with requisite majority by the shareholders.

Director Appointments Approved

Subbia Thangaraj (DIN: 06459324)

• Dual Role Approval: Appointed as both Non-Independent Director and Whole-time Director
• Experience: Over three decades of industry experience
• Qualification: B.A. Economics graduate
• Proposed Monthly Salary: ₹60,000.00
• Voting Results: 100.00% approval for Non-Independent Director role, 99.99% for Whole-time Director position

Vishwaa Narasiman (DIN: 08110767)

• Position: Non-Executive Non-Independent Director
• Qualification: MBA from University of Nottingham, U.K.
• Expertise: Sales and Marketing
• Background: Currently associated with a Media Tech Company
• Voting Result: 99.99% approval

Rudra Narsiman (DIN: 08999895)

• Position: Non-Executive Non-Independent Director
• Qualification: Economics graduate from University of Michigan, Ann Arbor, USA
• Background: Associated with a Private Equity Fund as finance professional
• Expertise: Financial engineering
• Voting Result: 99.99% approval

Anu Murali (DIN: 11327305)

• Position: Independent Director
• Qualification: Commerce graduate
• Expertise: Finance and Accounts
• Voting Result: 99.99% approval

Voting Statistics

Corporate Governance Process

The postal ballot was conducted through remote e-voting via the National Securities Depository Limited (NSDL) platform. The process was overseen by Sri. M. D. Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, who served as the Scrutinizer to ensure fair and transparent voting.

The appointments align with the company's strategy to strengthen its leadership team with experienced professionals across various domains including finance, marketing, and industry operations. The overwhelming shareholder support demonstrates confidence in the proposed leadership changes.

Indsil Hydro Power & Manganese Limited has reported a significant increase in its quarterly profit for the period ended September 30, 2025. The company's financial results, approved by its Board of Directors on November 8, 2025, reveal a robust performance in both revenue and profitability.

Financial Highlights

• Quarterly Profit: ₹392.93 lakhs for Q2 2025, up 40% from ₹280.86 lakhs in Q2 2024
• Half-Yearly Profit: ₹1,002.67 lakhs for H1 2025, compared to ₹9,862.48 lakhs in H1 2024
• Quarterly Revenue: ₹3,783.89 lakhs in Q2 2025, a 39% increase from ₹2,719.56 lakhs in Q2 2024

Key Financial Metrics

Operational Performance

Indsil Hydro Power & Manganese Limited operates in two primary segments:

1. Ferro Alloys
2. Power Generation

The company's improved performance may be attributed to effective cost management and potentially favorable market conditions in these segments.

Corporate Actions

The Board of Directors has approved a proposal to conduct a postal ballot for the appointment of new Director(s) and a Whole-Time Director. Sri M D Selvaraj from MDS & Associates LLP has been appointed as the Scrutinizer for this process, ensuring transparency and fairness.

Future Outlook

The company's decision to appoint new directors through a postal ballot may indicate plans for strategic changes or expansion. However, investors should note that future performance can be influenced by various factors including market conditions, regulatory changes, and global economic trends.

Investor Considerations

• The substantial increase in quarterly profit is a positive indicator of the company's financial health.
• The proposed appointment of new directors may bring fresh perspectives to the company's strategy.
• Investors should monitor the outcomes of the postal ballot and any subsequent changes in the company's leadership or direction.

Indsil Hydro Power & Manganese Limited has demonstrated strong financial performance, with significant growth in both revenue and profit. The upcoming postal ballot for director appointments may signal important developments in the company's governance and future strategies.