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

Indobell Insulations' Board approved the audited financial results for the half-year and year with an unmodified opinion, but declared no dividend for FY 2025-2026. Key leadership changes include the appointment of Mr. Mayank Burman as CEO, effective next month. The company also reappointed its internal auditors. Regarding the public issue funds of 10.14 Cr, there has been no deviation in their use, with 0.41 Cr set aside for capital expenditure currently held in a fixed deposit, awaiting plant and machinery purchases.