Insolation Energy Appoints Former IAS Officer Shreemat Pandey as Independent Director

2 min read     Updated on 05 Feb 2026, 08:10 PM
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Reviewed by
Radhika SScanX News Team
Overview

Insolation Energy Limited appointed Mr. Shreemat Pandey (DIN: 00411662) as Additional Non-Executive Independent Director effective 05th February, 2026, for a five-year term until 04th February, 2031. The retired IAS officer brings over 35 years of distinguished service including extensive power sector experience as Chairman of Rajasthan Electricity Regulatory Commission and administrative leadership roles. The appointment, subject to shareholder approval, strengthens the company's governance framework with his expertise in compliance, risk management, and corporate governance.

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Insolation Energy Limited has announced a significant board appointment, bringing on board a seasoned administrator with extensive experience in governance and the power sector. The company has appointed Mr. Shreemat Pandey as an Additional Director in the category of Non-Executive Independent Director, effective from 05th February, 2026.

Appointment Details

The Board of Directors approved Mr. Pandey's appointment based on the recommendation of the Nomination and Remuneration Committee, subject to shareholder approval. The appointment follows the regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Director Name: Mr. Shreemat Pandey
DIN: 00411662
Position: Additional Director (Non-Executive Independent)
Effective Date: 05th February, 2026
Term Duration: Five consecutive years
Term End Date: 04th February, 2031
Retirement by Rotation: Not liable

Professional Background

Mr. Pandey brings exceptional credentials to the board, having completed his BTech in Electrical Engineering from IIT Kharagpur before joining the Indian Administrative Service in 1984. His distinguished career spanning over 35 years has established him as a result-oriented administrator and strategist known for ethical leadership and transparent decision-making.

Key Experience Areas

Mr. Pandey's extensive professional experience encompasses several critical domains:

  • Administrative Leadership: Eight years of experience as Secretary/Principal Secretary to Chief Minister
  • Power Sector Expertise: Ten years of comprehensive experience including serving as Chairman of Rajasthan Electricity Regulatory Commission
  • Technology and Communication: Four years of experience in Information Technology and Communication sectors
  • District Administration: Over nine and half years as District Magistrate in challenging districts of Rajasthan including Pali, Kota, Udaipur, and Jaipur

Governance and Compliance

The company has confirmed that Mr. Pandey is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority, in accordance with the circular dated June 20, 2018, issued by BSE. Additionally, the disclosure confirms that Mr. Pandey has no relationships with any existing Directors or Key Managerial Personnel of the company.

Strategic Value Addition

Mr. Pandey's appointment is expected to strengthen the company's governance framework, bringing valuable expertise in compliance, risk management, and corporate governance. His extensive experience at policy and field levels, combined with his background in the power sector, aligns well with Insolation Energy's business operations in the renewable energy space.

The appointment reflects the company's commitment to enhancing board effectiveness through the inclusion of experienced independent directors who can provide strategic guidance and oversight in the company's growth trajectory.

Historical Stock Returns for Insolation Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.10%+2.85%-28.17%-54.17%-65.04%+1,189.11%

CARE Ratings Assigns BBB+ Rating to Insolation Energy's ₹40 Crore Bank Facilities

1 min read     Updated on 03 Feb 2026, 08:19 PM
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Reviewed by
Naman SScanX News Team
Overview

CARE Ratings Limited assigned BBB+ stable ratings to Insolation Energy Limited's ₹40 crore bank facilities on February 03, 2026. The rating covers ₹16.00 crore long-term facilities and ₹24.00 crore long-term/short-term facilities with CARE A2 short-term rating. The company disclosed this development to BSE under regulatory compliance requirements.

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Insolation Energy Limited has received fresh credit ratings from CARE Ratings Limited for its bank facilities worth ₹40 crore. The company announced this development to BSE on February 03, 2026, in compliance with regulatory disclosure requirements.

Credit Rating Details

CARE Ratings Limited assigned ratings to two categories of bank facilities for Insolation Energy Limited:

Facilities Amount (₹ crore) Rating Rating Action
Long Term Bank Facilities 16.00 CARE BBB+; Stable Assigned
Long Term / Short Term Bank Facilities 24.00 CARE BBB+; Stable / CARE A2 Assigned

The BBB+ rating with Stable outlook indicates adequate degree of safety regarding timely servicing of financial obligations. The A2 rating for short-term facilities reflects adequate capacity for timely payment of financial obligations.

Regulatory Compliance

The company disclosed this information under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Nitesh Sharma (ACS: 66702) signed the regulatory filing submitted to BSE.

Company Trading Information

Insolation Energy Limited trades on BSE with scrip code 543620 under the symbol INA. The credit rating assignment provides investors with an independent assessment of the company's creditworthiness for its banking arrangements totaling ₹40 crore across long-term and short-term facilities.

Historical Stock Returns for Insolation Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.10%+2.85%-28.17%-54.17%-65.04%+1,189.11%

More News on Insolation Energy

1 Year Returns:-65.04%