Innova Captab Limited has informed the Exchange about General Updates in respect of reconstitution of audit committee
INNOVACAP · price
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Innova Captab Limited has re-constituted its Audit Committee by adding Ms. Priyanka Dixit as a new member. She joins as a Non-Executive Independent Director effective 26th May 2025. The existing four members remain unchanged, including Chairman Mr. Sudhir Kumar Bassi, members Mr. Shirish Gundopant Belapure, Mr. Mahender Korthiwada, and Mr. Vinay Lohariwala (Managing Director). The company states the new composition complies with SEBI LODR Regulation 18 and Section 177 of the Companies Act 2013 requirements. This is a routine governance update informing exchanges of the committee change.
This is a routine governance matter with no negative implications for shareholders. The addition of another Independent Director strengthens audit committee independence, which is positive for governance standards. No material impact on stock price expected.