Insolation Energy shareholders approve main board migration and NSE listing

Insolation Energy Limited announced that shareholders approved the migration of its equity shares from the BSE SME platform to the main board of BSE Limited, as well as an application for direct listing on the main board of the National Stock Exchange of India Limited (NSE). The postal ballot results, disclosed on October 10, 2025, showed unanimous approval for both resolutions, with 100% of the polled votes cast in favour and 0% against.

For the migration to the BSE Limited main board, a total of 157,672,000 votes were polled, representing 71.56% of outstanding shares. All these votes were in favour. Similarly, for the NSE direct listing application, the same number of votes (157,672,000) were polled, again with 100% in favour. These resolutions are deemed passed as of October 10, 2025, the last date for remote e-voting.

The cut-off date for determining eligible shareholders for the postal ballot was September 5, 2025, with 8,847 shareholders on record. The remote e-voting period ran from September 11, 2025, to October 10, 2025. Pinchaa & Co., company secretaries, served as the scrutinizer for the postal ballot process.