Nature of change: Reappointment of Mr. Nilesh Bhogilal Gandhi (DIN: 03570656) as an Independent Director (Non-Executive) for a second term.
Effective date and tenure: The reappointment is effective from April 20, 2026, for a term of 5 (five) consecutive years. The director is not liable to retire by rotation.
Profile and qualifications: Mr. Nilesh Gandhi has 30 years of experience in Taxation, Accounting, Finance, and Investments across various industries.
Regulatory compliance: The appointment confirms eligibility under SEBI/BSE norms, specifically confirming that Mr. Gandhi is not debarred from holding the office of director by virtue of any SEBI order or any other authority. This compliance references BSE Limited Circular No. LIST/COMP/14/2018-19 dated June 20, 2018, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Relationship disclosure: Mr. Nilesh Bhogilal Gandhi is not related to any of the Directors, Key Managerial Personnel, Promoters, or Promoter group of the Company.
Approval process: The reappointment was approved by shareholders at the 17th Annual General Meeting (AGM) held on Monday, August 31, 2026. The meeting commenced at 11:03 A.M. and concluded at 12:15 P.M.
Any Other Material Information
Company details: Indosolar Limited (Scrip Code: 533257, ISIN: INE866K01023) has its registered office at Unit No. 301, 3rd floor, "Building 02, Southern Park", Saket, New Delhi-110017, and a factory at 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh, India.
Compliance officer: The disclosure was signed by Akalpita Harnish Patel, Company Secretary and Compliance Officer (Membership No: ACS40528), on September 01, 2026.
