Innova Captab Limited has officially announced the re-appointment of its top leadership and key auditing partners following its recent board meeting held on May 25, 2026. The company has extended the tenures of its Managing Director and Whole-Time Director for another five-year term starting in 2027. Additionally, the board confirmed the re-appointment of its statutory, cost, and internal auditors, while also extending the terms of its Independent Directors to ensure continued governance stability.
Leadership Continuity
The company has secured its leadership team for a second five-year term to ensure sustained strategic growth. Mr. Vinay Lohariwala has been re-appointed as the Managing Director, and Mr. Manoj Kumar Lohariwala has been re-appointed as the Whole-Time Director. Both appointments are effective from March 18, 2027, and will run through March 17, 2032, subject to shareholder approval at the upcoming Annual General Meeting.
Strategic Auditing Partnerships
In a move to maintain rigorous financial oversight, the Board has re-appointed its core auditing firms for the 2026-27 financial year. M/s. B S R & Co. LLP will serve as the statutory auditor for a consecutive five-year term ending in the 2030-31 financial year. Furthermore, the board has retained M/s. Gurvinder Chopra and Co. as cost auditors and M/s. Grant Thornton Bharat LLP as internal auditors for the upcoming fiscal year.
Board Governance and Independence
To uphold strong corporate governance standards, the company has extended the terms for its Non-Executive Independent Directors. Mr. Sudhir Kumar Bassi, Ms. Priyanka Dixit, Mr. Mahendar Korthiwada, and Mr. Shirish Gundopant Belapure have all been re-appointed for a second five-year term. These appointments will commence on April 1, 2027, and will continue until March 31, 2032, reinforcing the board’s commitment to independent oversight.
Source: BSE
