Insolation Energy files compliance report for main board migration

Insolation Energy Limited submitted its Secretarial Compliance Report for the review period of April 1, 2024, to September 30, 2025. This report was prepared to meet the requirements for the company's migration to the main board. As an SME listed company, Insolation Energy Limited is exempt from corporate governance requirements outlined in Regulations 17 to 27 of the SEBI (LODR) Regulations, 2015, making the report for informational purposes only.

The Secretarial Compliance Report indicates that the company has complied with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; and the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, among others. Regulations concerning Non-Convertible Securities and Buyback of Securities were not applicable during the review period.

Key compliance aspects include maintaining a functional website, timely dissemination of information, ensuring no director disqualification under Section 164 of the Companies Act, 2013, and obtaining prior Audit Committee approval for all related party transactions. Furthermore, the company reported no actions taken by SEBI or Stock Exchanges against it, and no resignation of statutory auditors during the review period.