INNOVANABSEInnovana Thinklabs LtdMediumNeutral
Announced Wed, 20 May · 20:26 IST

The Board of Directors in its meeting held today i.e. May 20,2026 has re-appointed Mrs. Riya Sharma (DIN: 09213476) as an Independent Director of the Company, subject to approval of shareholders.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
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₹366.95
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₹350.25
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AI summary

The Board of Innovana Thinklabs Limited approved the audited standalone and consolidated financial results for Q4 and FY 2025-26. Standalone revenue grew to Rs. 4590.06 Lacs with net profit of Rs. 3201.62 Lacs, while consolidated revenue reached Rs. 13230.74 Lacs with net profit of Rs. 3658.58 Lacs. The Board re-appointed Mrs. Riya Sharma as an Independent Director for a second term of 5 years (June 28, 2026 to June 27, 2031), subject to shareholder approval via postal ballot. Mrs. Sharma is an ICSI member with expertise in corporate restructuring, M&A, and NCLT matters. The internal auditor M/s. Jindal Ashok & Co. was also re-appointed for FY 2026-27. The statutory auditors issued unmodified opinions on both standalone and consolidated results.

Likely market impact

The re-appointment of Mrs. Riya Sharma maintains board stability and compliance with independence requirements. Strong financial performance with double-digit revenue growth indicates healthy operations. Shareholders will vote on the director's re-appointment via postal ballot.