Indosolar Limited's Board of Directors convened on January 16, 2026, to review and approve the standalone unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported total income of ₹19,969.89 lakh for the quarter and ₹59,713.24 lakh for the nine months. Expenses for the quarter were ₹13,802.24 lakh, resulting in a profit before tax of ₹6,167.65 lakh for the quarter and ₹17,797.08 lakh for the nine months. Profit after tax for the quarter stood at ₹4,147.01 lakh.

In significant leadership changes, the Board approved the appointment of Dr. Jignesh Devchandbhai Rathod as an Additional Director (Non-Executive) and Chief Executive Officer, effective January 16, 2026, subject to member approval. Dr. Rathod, currently Director – Operations at Waaree Energies Limited, brings over 18 years of experience in the solar manufacturing and renewable energy sector. Concurrently, the Board accepted the resignation of Mr. Amit Ashok Paithankar from his positions as Non-Executive Director and Chief Executive Officer, effective at the close of business on January 16, 2026, citing other commitments and personal reasons.

Furthermore, the company announced its intention to shift its registered office from the National Capital Territory of Delhi to the State of Maharashtra. This proposal, along with the appointment of Dr. Rathod as a Non-Executive Director, will be put forth for shareholder approval via a postal ballot notice. The meeting commenced at 4:01 PM IST and concluded at 4:46 PM IST.