Indobell Insulations Ltd — Important, 22-05-2026: Company Update

Indobell Insulations' board has approved the financial results for the half-year and year, confirming an unmodified audit report. The company announced no dividend payment for FY 2025-2026. In a significant operational update, Mr. Mayank Burman has been appointed as CEO, effective June 1. The board also reappointed internal auditors until May 2027 and designated Mr. Varikallu Kondala Rao as Senior Management. Of the 10.14 Cr raised from the public issue, 0.41 Cr intended for capital expenditure remains unutilized, held in fixed deposits for future plant and machinery purchases, with other funds utilized as planned.