INNOVACAPNSEInnova Captab LimitedMediumNeutral
Announced Mon, 25 May · 18:51 IST

1. Re-appointment of M/s. B S R & Co. LLP, Chartered Accountants, as the statutory auditors of the Company for the second term of five (5) consecutive years i.e. from financial year 2026-27 to 2030-31, subject to the approval of members.2. Re-appointment of M/s. Gurvinder Chopra and Co., Cost Accountants, as the cost auditors of the Company for the financial year 2026-27.3. Re-appointment of M/s. Grant Thornton Bharat LLP, Chartered Accountants, as the internal auditors of the Company for the financial year 2026-27.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
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₹852.80
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AI summary

Innova Captab Limited's Board of Directors met on May 25, 2026 and approved multiple re-appointments ahead of the 22nd AGM. Key decisions include re-appointing B S R & Co. LLP as statutory auditors for a second 5-year term (FY 2026-27 to 2030-31), Gurvinder Chopra and Co. as cost auditors for FY 2026-27, and Grant Thornton Bharat LLP as internal auditors for FY 2026-27. The Board also approved re-appointment of Whole-Time Director Mr. Manoj Kumar Lohariwala and Managing Director Mr. Vinay Lohariwala (brothers) for another 5-year term each from March 2027. Additionally, four Non-Executive Independent Directors were re-appointed for a second 5-year term from April 2027. All appointments are subject to shareholder approval at the ensuing AGM.

Likely market impact

This is a routine governance filing indicating continuity in leadership and auditor relationships. The re-appointment of both Lohariwala brothers as key executive directors suggests stable management. All items require shareholder approval at the 22nd AGM, with no immediate impact on the stock.