Indosolar Limited announced the outcome of its Board Meeting held on January 16, 2026. The Board approved the standalone un-audited financial results for the quarter and nine months ended December 31, 2025. Concurrently, the company took note of the resignation of Mr. Amit Ashok Paithankar as Non-Executive Director and Chief Executive Officer, effective from the close of business on January 16, 2026.

In a significant leadership change, Dr. Jignesh Devchandbhai Rathod has been appointed as an Additional Director (Non-Executive) and as the Chief Executive Officer (Key Managerial Personnel) of the company, effective January 16, 2026. This appointment is subject to member approval. Dr. Rathod, with over 18 years of experience in the solar manufacturing and renewable energy sector, currently serves as Director – Operations at Waaree Energies Limited.

The Board also approved the proposal for shifting the company's registered office from the National Capital Territory of Delhi to the State of Maharashtra, subject to necessary approvals. A postal ballot notice will be issued to seek shareholders' approval for the registered office shift and Dr. Rathod's appointment as a Non-Executive Director.