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Indosolar Appoints Dr. Jignesh Rathod as CEO, Takes Note of Amit Paithankar's Resignation
Indosolar Limited
January 16, 2026, 01:11 PM
Indosolar Limited appointed Dr. Jignesh Devchandbhai Rathod as Additional Director and CEO, effective January 16, 2026. The company also noted the resignation of Amit Ashok Paithankar from CEO and Director roles on the same date. The Board approved standalone financial results for the quarter and nine months ended December 31, 2025.
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Indosolar Limited announced key leadership changes following its Board Meeting held on January 16, 2026. The Board approved the appointment of Dr. Jignesh Devchandbhai Rathod (DIN: 11121448) as an Additional Director (Non-Executive) and Chief Executive Officer (Key Managerial Personnel) of the Company, effective January 16, 2026, subject to member approval.
Concurrently, the Board took note of the resignation of Mr. Amit Ashok Paithankar (DIN: 02435057) from his positions as Non-Executive Director and Chief Executive Officer, effective at the closure of business on January 16, 2026. Mr. Paithankar cited other commitments and personal reasons for his resignation.
In addition to leadership changes, the Board approved the Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2025. The company also approved the proposal to shift its Registered Office from the National Capital Territory of Delhi to the State of Maharashtra, pending member and regulatory approvals. A Postal Ballot Notice will be issued to seek shareholder approval for the registered office shift and the appointment of Dr. Jignesh Devchandbhai Rathod as a Non-Executive Director.
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