Intimation of Appointment of Mr. Prosenjit Gupta (DIN: 10278007) as an Additional Non-Executive Independent Director of the Company
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Innovassynth Investments Limited has appointed Mr. Prosenjit Gupta (DIN: 10278007) as an Additional Non-Executive Independent Director, effective August 14, 2025. The appointment is for a 5-year term and is subject to shareholder approval at the next general meeting. Mr. Gupta is a Chartered Accountant who retired in 2020 as Senior General Manager – Treasury from HDFC Ltd after 29 years of service. He brings deep BFSI experience and is a recognised speaker on securitisation. Post-retirement, he has been advising firms on consulting, risk, wealth management and corporate turnaround strategies. The Nomination and Remuneration Committee recommended the appointment, and the company confirmed he is not related to any existing director and is not barred by SEBI.
This is a routine governance update and should be neutral for the stock. Adding a senior ex-HDFC treasury professional may strengthen board-level financial oversight.