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

Indobell Insulations' Board approved its audited financial results for the half-year and year, confirming no dividend payment for FY 2025-2026. The company appointed Mr. Mayank Burman as CEO effective June 1 and reappointed M/s. Basu Chatterjea & Co. as Internal Auditors. The board also declared no deviation in public issue fund utilization, with 0.41 Cr earmarked for capital expenditure currently held in a Fixed Deposit awaiting machinery purchase. The statutory auditors provided an unmodified opinion on the annual audited financial results.