Indosolar Limited — Others, 13-05-2025: Shareholders meeting

Indosolar Limited has announced a board meeting on the outcomes of its 15th Annual General Meeting post Corporate Insolvency Resolution Process. All 16 resolutions were approved with strong shareholder support, including the appointment of Mr. Hitesh Chimanlal Doshi as Managing Director and four new independent directors. S. G. C. O. & Co, LLP was appointed statutory auditor for five years. Shareholders also approved related party transactions for the past three years, increased borrowing limits, asset charge creation, and loan-to-equity conversion on default, signaling confidence in the company’s governance and strategic direction.