Indobell Insulations Ltd — Dividend/Bonus, 24-05-2025: Corp. Action

Indobell Insulations Limited has announced a board meeting to approve the financial results for the quarter and half-year ended 31st March 2025. The Board approved a final dividend of Rs 2 per equity share (Rs 10 face value), subject to shareholder approval. M/s. Basu Chatterjea & Co. has been appointed as the internal auditor for FY 2025-26. The audit report from M/s. Bandyopadhyay & Dutt for FY 2024-25 carries an unmodified opinion, confirming clean financials. Utilization of public issue proceeds of Rs 1014.3 lakh shows no deviation; Rs 41 lakh earmarked in fixed deposits for future plant and machinery purchases.