INNOVACAPBSEInnova Captab LtdLowNeutral
Announced Mon, 25 May · 19:06 IST

Pursuant to regulation 30 (read with Part A Schedule III) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), ....

Board & Shareholder Meetings View source PDF

INNOVACAP · price

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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹852.80
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.0+0.7+1.5+0.5+3.1+10.1+16.4+14.3
Up moveDown movePending
AI summary

Innova Captab's Board of Directors met on 25th May 2026 and approved several routine re-appointments ahead of the 22nd Annual General Meeting. The Board re-appointed B S R & Co. LLP as statutory auditors for a second 5-year term (FY 2026-27 to FY 2030-31) and retained Gurvinder Chopra and Co. as cost auditors and Grant Thornton Bharat LLP as internal auditors for FY 2026-27. Key leadership re-appointments include Mr. Vinay Lohariwala as Managing Director and Mr. Manoj Kumar Lohariwala as Whole-Time Director, both for 5-year terms effective 18th March 2027. Four Non-Executive Independent Directors — Mr. Sudhir Kumar Bassi, Ms. Priyanka Dixit, Mr. Mahendar Korthiwada, and Mr. Shirish Gundopant Belapure — were also re-appointed for second terms of 5 years effective 1st April 2027. All appointments are subject to shareholder approval at the ensuing AGM.

Likely market impact

This is a routine governance update with no adverse implications for shareholders. All key personnel and auditors are being retained, indicating operational continuity. The stock is unlikely to see any significant reaction to these expected re-appointments.