Company Profile

INSILCO LTD.

NSE : NABSE : 500211ISIN CODE : INE901A01011Industry : Chemicals House : Insilco - MNC
BSE7.66-0.09 (-1.16 % )
PREV CLOSE (Rs.) 7.75
OPEN PRICE (Rs.) 8.13
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 100262
TODAY'S LOW / HIGH (Rs.)7.40 8.33
52 WK LOW / HIGH (Rs.) 6.18 12
NSE
This Company is not listed in NSE

Company News

Date Heading Details
30-Mar-2021 Outcome Of Board Meeting Dated 30.03.2021 - Way Forward Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our letter dated February 10, 2021, this is to inform you that the Board of the Company reviewed various options of the way forward for the Company. The Board is of the opinion that there is no availability of business prospects nor any long-term financial resources that presents a financially viable alternative to carry on the business activities of the Company or to resume the operations of the Company in the foreseeable future. The Board granted its in-principle approval for the voluntary liquidation of the Company. This decision is subject to the final approval of Board of the Company.
25-Mar-2021 Outcome Of Board Meeting - Termination Of Agreements With Related Parties Pursuant to the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of the Company at its meeting held today has approved the termination of the following agreements: 1. Related party termination agreement with Evonik India Private Limited (Marketing and Sales Promotion Agreement) 2. Related party termination agreement with Evonik IP GmbH (Assignment Agreement) 3. Related party termination agreement with Evonik Iran AG (Agency Agreement) The same is for your information.
25-Jan-2021 Approval Of The Proposal Of Voluntary Retirement Scheme, 2021 And Retention Arrangement This disclosure is made further to disclosures dated October 24, 2019, and November 7, 2019 regarding suspension of operations at the Company's plant in Gajraula, Uttar Pradesh and the actions undertaken by the Company to obtain the requisite water and air consent to resume the operations, and the disclosure made on December 10, 2020 in relation to the voluntary retirement scheme 2020 ('2020 VRS'). The Company's plant in Gajraula has been non-operational since October 26, 2019 due to refusal of water and air consent by the Uttar Pradesh Pollution Control Board. The Company has continued with normal salary pay-outs to all employees though a majority of the Company's employees are not engaged in site operations due to the issues above. However, this situation has strained the Company's resources and cash flow. .
11-Dec-2020 Insilco informs about change in directorate <p align="justify">In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 issued by the Securities and Exchange Board of India, Insilco&nbsp; has informed about disclosure with regard to change in directorate of the Company as follows: Appointment of Gopalakrishnan Anantharaman Iyer (DIN: 00388092) as an Additional Director of the Company, Resignation of Brijesh Arora (DIN: 00952523) as Managing Director. </p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
10-Dec-2020 Insilco informs about outcome of board meeting <P align=justify>Insilco has informed about outcome of board meeting. <BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>