Innova Captab MD, chairman, board of directors and AGM

36,400 shareholders on the register on 23 Sep 2026; present: 3 promoters and 45 others; votes counted by CS Sandhya R. Malhotra / M/s. Manish Ghia & Associates.The company's voting result (opens in a new tab)

1. To receive, consider and adopt the Audited Revised Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31 March 2026 together with the Reports of the Board of Directors and the Auditors thereon. To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: RESOLVED THAT the Audited Revised Standalone and Consolidated Financial Statement of the Company for the Financial Year ended 31 March, 2026 including the Audited Revised Balance Sheet as at 31 March, 2026, the Statement of Profit and Loss for the year ended on that date and Statement of Cash Flow for the year ended 31 March, 2026 and the reports of the Board of Directors and Auditors thereon laid before this meeting be and are hereby considered and adopted.MoreLess

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

2. To appoint a Director in place of Mr. Jayant Vasudeo Rao, Whole-Time Director (DIN: 03627850), who retires by rotation and being eligible, offers himself re-appointment. To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: RESOLVED THAT pursuant to the provisions of Section 152 and all other applicable provisions of the Companies Act, 2013 read with Rules framed thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force, the approval of the members of the Company be and is hereby accorded to the re-appointment of Mr. Jayant Vasudeo Rao, Whole-Time Director (DIN: 03627850), as Non-Executive Director of the Company, to the extent that he is required to retire by rotation.MoreLess

   Ordinary
   94.32% for5.68% against

   Against: promoters 0.00% · institutions 28.82% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

3. To consider re-appointment of M/s. B S R & CO. LLP Chartered Accountants, as Statutory Auditors of the Company: To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: RESOLVED THAT pursuant to provisions of Section 139, 142 and all other applicable provisions of the Companies Act, 2013, if any, read with the Companies (Audit & Auditors) Rules, 2014, including any statutory enactment or modification thereof, and based on the recommendation of Audit Committee and the Board of Directors, M/s. B S R and CO. LLP, Chartered Accountants, (FRN No. 101248W/W-100022), be and is hereby re appointed as Statutory Auditors of the Company for a term of five (5) consecutive years in the upcoming 22nd AGM of the Company i.e. from financial year 2026-27 to financial year 2030-31 (till conclusion of 27th AGM of the Company) and on such remuneration as may be decided by the Board of Directors in consultation with the Statutory Auditors of the Company. RESOLVED FURTHER THAT Mr. Manoj Kumar Lohariwala, Chairman and Whole-Time Director, and/or Mr. Vinay Lohariwala, Managing Director and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer of the Company be and are hereby jointly or severally authorized to take such steps and do all such acts, deeds, matters and things as may be necessary in this regard and to negotiate and fix the terms and conditions including the remuneration, to convey the acceptance of the terms, to sign the appointment letter and generally to do all such acts, deeds, matters and things as may be necessary, proper, expedient or incidental for giving effect to this resolution.MoreLess

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

4. To consider ratification of remuneration payable to Cost Auditors for FY 2027. To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, and the Companies (Cost Records and Audit) Rules, 2014, (including any statutory amendment(s), modification(s) or re-enactment(s) thereof, for the time being in force) and pursuant to the recommendation of the Audit Committee and as approved by the Board of Directors at their respective meetings held on 25 May 2026, the remuneration payable to M/s. Gurvinder Chopra and Co., Cost Accountants (Firm Registration No. 100260), who were appointed by the Board of Directors of the Company to conduct the audit of the Cost records of the Company for the FY 2027 amounting to ` 80,000/- (Rupees Eighty Thousand Only) plus applicable GST and reimbursement of travelling and out of pocket expenses be and is hereby ratified and approved. RESOLVED FURTHER THAT Mr. Manoj Kumar Lohariwala, Chairman and Whole-Time Director, and/or Mr. Vinay Lohariwala, Managing Director and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer, be and are hereby authorised to do all such acts, deeds, matters and things and sign agreements, declarations, deeds, letters and papers as may be deemed necessary or expedient in connection therewith and incidental thereto.”MoreLess

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

5. To approve the re-appointment and remuneration of Mr. Manoj Kumar Lohariwala (DIN: 00144656) as the Whole-Time Director of the Company for a term of five consecutive years. To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of sections 2(51), 196, 197, 198, 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 made thereunder, including any amendment(s), modification(s) or re-enactment(s) thereof for the time being in force and other applicable provisions of the Act and Rules framed thereunder and the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“SEBI Listing Regulations”) and the Articles of Association of the Company and pursuant to the recommendation of Nomination and Remuneration Committee and approval of the Audit Committee and Board of Directors, consent of the Members be and is hereby accorded for the re-appointment of Mr. Manoj Kumar Lohariwala (DIN: 00144656), Chairman of the Company, as the Whole-Time Director (“WTD”) of the Company, liable to retire by rotation, for a further term of five (5) consecutive years with effect from 18 March 2027 up to 17 March 2032 (both days inclusive) with an annual remuneration of ` 25,000,000/- (Rupees Twenty-Five million only) per annum with suitable increments as may be decided by the Board as per recommendation of the applicable Committees on such terms and conditions as set out in the statement annexed to this Notice. RESOLVED FURTHER THAT the Board of Directors of the Company on review and pursuant to the recommendations of Nomination and Remuneration Committee and approval of the Audit Committee be and is hereby authorized to alter, vary, enhance or modify the terms and conditions of appointment and remuneration including salary, allowances, perquisites and commission payable to Mr. Manoj Kumar Lohariwala so as not to exceed the limits specified in Schedule V and other applicable Sections of the Act or any statutory modifications thereof in such manner as may be agreed between the Board and Mr. Manoj Kumar Lohariwala. RESOLVED FURTHER THAT where in any financial year, during the tenure of Mr. Manoj Kumar Lohariwala as the Whole-Time Director, the Company has no profits or its profits are inadequate, the remuneration payable to him by way of salary, perquisites and allowances as noted above shall be paid as minimum remuneration, after complying with the limits and obtaining approvals as specified in Schedule V of the Act and the SEBI Listing Regulations. RESOLVED FURTHER THAT Mr. Vinay Lohariwala, Managing Director and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer of the Company, be and are jointly and/or severally hereby authorised to take all such steps as may be necessary for obtaining any approvals- statutory, contractual or otherwise, in relation to the above, and to do all the acts, deeds, matters and things which are necessary, proper, expedient and incidental for giving to this resolution.”MoreLess

   OrdinaryPromoters have an interest in it
   94.32% for5.68% against

   Against: promoters 0.00% · institutions 28.81% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

6. To approve the re-appointment and remuneration of Mr. Vinay Lohariwala (DIN: 00144700) as the Managing Director of the Company for a term of five consecutive years. To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of sections 2(51), 196, 197, 198, 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 made thereunder, including any amendment(s), modification(s) or re-enactment(s) thereof for the time being in force and other applicable provisions of the Act and Rules framed thereunder, and the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“SEBI Listing Regulations”) and the Articles of Association of the Company pursuant to the recommendation of Nomination and Remuneration Committee and approval of the Audit Committee and Board of Directors, consent of the members be and is hereby accorded for the re-appointment of Mr. Vinay Lohariwala (DIN: 00144700) as the Managing Director (“MD”) of the Company, liable to retire by rotation, for a further period of five (5) consecutive years with effect from 18 March 2027 up to 17 March 2032 (both days inclusive), with an annual remuneration of 25,000,000/- (Rupees Twenty Five million only) per annum with suitable increments as may be decided by the Board as per recommendation of the applicable Committees on such terms and conditions as set out in the statement annexed to this Notice. RESOLVED FURTHER THAT the Board of Directors of the Company on review and pursuant to the recommendations of Nomination and Remuneration Committee and approval of the Audit Committee be and is hereby authorized to alter, vary, enhance or modify the terms and conditions of appointment and remuneration including salary, allowances, perquisites and commission payable to Mr. Vinay Lohariwala so as not to exceed the limits specified in Schedule V and other applicable Sections of the Act or any statutory modifications thereof in such manner as may be agreed between the Board and Mr. Vinay Lohariwala. RESOLVED FURTHER THAT where in any financial year, during the tenure of Mr. Vinay Lohariwala as the Managing Director, the Company has no profits or its profits are inadequate, the remuneration payable to him by way of salary, perquisites and allowances as noted above shall be paid as minimum remuneration, after complying with the limits and obtaining approvals as specified in Schedule V of the Act and the SEBI Listing Regulations. RESOLVED FURTHER THAT Mr. Manoj Kumar Lohariwala, Chairman and Whole-Time Director, and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer of the Company, be and are jointly and/or severally hereby authorised to take all such steps as may be necessary for obtaining any approvals- statutory, contractual or otherwise, in relation to the above, and to do all the acts, deeds, matters and things which are necessary, proper, expedient and incidental for giving to this resolution”.MoreLess

   OrdinaryPromoters have an interest in it
   94.31% for5.69% against

   Against: promoters 0.00% · institutions 28.87% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

7. To approve the re-appointment of Mr. Sudhir Kumar Bassi (DIN: 07819617) as Non-Executive Independent Director of the Company for a term of five consecutive years. To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 read with Schedule IV, and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) along with the rules made thereunder, including, the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re enactment(s) thereof for the time being in force), Regulation 17 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, and other applicable provisions thereof, if any, the Articles of Association of the Company, and based on the recommendation of the Nomination and Remuneration Committee and as approved by the Board of Directors, Mr. Sudhir Kumar Bassi (DIN: 07819617), was appointed as Non-Executive Independent Director of the Company at an Extra Ordinary General Meeting of the Company held on 04 April 2022 and holds office up to 31 March 2027 and being eligible for re-appointment and has submitted a declaration in writing that he meets the criteria for independence as provided under Section 149(6) of the Act along with the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations, be and is hereby re appointed as Non-Executive Independent Director of the Company, not liable to retire by rotation, to hold office for a second term of five (5) consecutive years w.e.f 01 April, 2027 upto 31 March, 2032 (both days inclusive). RESOLVED FURTHER THAT pursuant to the provisions of sections 149 and 197 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder, Mr. Sudhir Kumar Bassi shall be entitled to receive sitting fees of such amount for attending the meetings of the Board or any committee thereof as may be decided by the Board from time to time and subject to such limits prescribed or as may be prescribed from time to time. RESOLVED FURTHER THAT Mr. Manoj Kumar Lohariwala, Chairman and Whole-Time Director, and/or Mr. Vinay Lohariwala, Managing Director and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer, of the Company be and are hereby severally authorized to do all the acts, deeds, matters and things which are necessary for the re-appointment of Mr. Sudhir Kumar Bassi as Non-Executive Independent Director of the Company and to give effect to the abovementioned resolution and to settle any question or difficulty that may arise with regard to the aforesaid purpose and which it may deem fit in the interest of the Company.”MoreLess

   Special
   90.02% for9.98% against

   Against: promoters 0.00% · institutions 50.59% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

8. To approve the re-appointment of Ms. Priyanka Dixit (DIN: 06578720) as Non-Executive Independent Director of the Company for a second term of five consecutive years. To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149,150,152 read with Schedule IV, and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) along with the rules made thereunder, including, the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re enactment(s) thereof for the time being in force), Regulation 17 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time , and other applicable provisions thereof, if any, the Articles of Association of the Company and based on the recommendation of the Nomination and Remuneration Committee and as approved by the Board of Directors, Ms. Priyanka Dixit (DIN: 06578720), was appointed as Non-Executive Independent Director of the Company at an Extra Ordinary General Meeting of the Company held on 04 April 2022 and holds office up to 31 March 2027 and being eligible for re-appointment and has submitted a declaration in writing that she meets the criteria for independence as provided under Section 149(6) of the Act along with the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations, be and is hereby re appointed as a Non-Executive Independent Direct of the Company, not liable to retire by rotation, to hold office for a second term of five (5) consecutive years w.e.f 01 April 2027 upto 31 March 2032 (both days inclusive). RESOLVED FURTHER THAT pursuant to the provisions of sections 149 and 197 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder, Ms. Priyanka Dixit shall be entitled to receive sitting fees of such amount for attending the meetings of the Board or any committee thereof as may be decided by the Board from time to time and subject to such limits prescribed or as may be prescribed from time to time. RESOLVED FURTHER THAT Mr. Manoj Kumar Lohariwala, Chairman and Whole-Time Director, and/or Mr. Vinay Lohariwala, Managing Director, and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer of the Company, of be and are hereby severally authorized to do all the acts, deeds, matters and things which are necessary for the re-appointment of Ms. Priyanka Dixit as Non Executive Independent Director of the Company and to give effect to the abovementioned resolution and to settle any question or difficulty that may arise with regard to the aforesaid purpose and which it may deem fit in the interest of the Company.”MoreLess

   Special
   94.32% for5.68% against

   Against: promoters 0.00% · institutions 28.81% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

9. To approve the re-appointment of Mr. Mahendar Korthiwada (DIN: 09558992) as Non-Executive Independent Director of the Company for a second term of five consecutive years. To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149,150,152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) along with the rules made thereunder, including, the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re enactment(s) thereof for the time being in force), Regulation 17 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, and other applicable provisions thereof, if any, the Articles of Association of the Company and based on the recommendation of the Nomination and Remuneration Committee and as approved by the Board of Directors, Mr. Mahendar Korthiwada (DIN: 09558992) was appointed as Non-Executive Independent Director of the Company at an Extra Ordinary General Meeting of the Company held on 04 April 2022 and holds office up to 31 March 2027 and being eligible for re-appointment and has submitted a declaration in writing that he meets the criteria for independence as provided under Section 149(6) of the Act along with the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations, be and is hereby re appointed as Non-Executive Independent Director on the Board of Directors of the Company, not liable to retire by rotation, to hold office for a second term of five (5) consecutive years w.e.f 01 April, 2027 upto 31 March, 2032 (both days inclusive). RESOLVED FURTHER THAT pursuant to the provisions of sections 149 and 197 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder, Mr. Mahendar Korthiwada shall be entitled to receive sitting fees of such amount for attending the meetings of the Board or any committee thereof as may be decided by the Board from time to time and subject to such limits prescribed or as may be prescribed from time to time. RESOLVED FURTHER THAT Mr. Manoj Kumar Lohariwala, Chairman and Whole-Time Director, and/or Mr. Vinay Lohariwala, Managing Director and/or Mr. Lokesh Bhasin, Chief Financial Officer and/or Ms. Neeharika Shukla, Company Secretary and Compliance Officer, of the Company, be and are hereby severally authorized to do all the acts, deeds, matters and things which are necessary for the re-appointment of Mr. Mahendar Korthiwada as a Non-Executive Independent Director of the Company and to give effect to the abovementioned resolution and to settle any question or difficulty that may arise with regard to the aforesaid purpose and which it may deem fit in the interest of the Company.”MoreLess

   Special
   94.32% for5.68% against

   Against: promoters 0.00% · institutions 28.81% · other public 0.00%

   Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

10. To approve the re-appointment of Mr. Shirish Gundopant Belapure (DIN: 02219458) as Non Executive Independent Director of the Company for a second term of five consecutive years. To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149,150,152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) along with the rules made thereunder, including, the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re enactment(s) thereof for the time being in force), Regulation 17 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time and other applicable provisions thereof, if any, the Articles of Association of the Company, and based on the recommendation of the Nomination and Remuneration Committee and as approved by the Board of Directors, Mr. Shirish Gundopant Belapure (DIN: 02219458) was appointed as Non-Executive Independent Director of the Company at an Extra Ordinary General Meeting of the Company held on 04 April 2022 and holds office up to 31 March 2027 and being eligible for re-appointment and has submitted a declaration in writing that he meets the criteria for independence as provided under Section 149(6) of the Act along with the Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations, be and is hereby re appointed as Non-Executive Independent Director on the Board of Directors of the Company, not liable to retire by rotation, to hold office for a second term of five (5) years commencing on 01 April, 2027 upto 31 March, 2032 (both days inclusive). RESOLVED FURTHER THAT pursuant to Regulation 17(1A) and all other applicable provisions of the SEBI Listing Regulations as amended from time to time, approval be and is hereby given for continuation of Mr. Shirish Gundopant Belapure, beyond 19 July 2028 upto 31 March 2032 (both days inclusive)as Non-Executive Independent Director of the Company on account of his attaining the age of 75 years on the said date. RESOLVED FURTHER THAT pursuant to the provisions of sections 149 and 197 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder, Mr. Shirish Gundopant Belapure shall be entitled to receive sitting fees of such amount for attending the meetings of the Board or any committee thereof as may be decided by the Board from time to time and subject to such limits prescribed or as may be prescribed from time to time.MoreLess

    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.06% · other public 0.00%

    Turnout: all 90.21% · promoters 100.00% · institutions 88.81% · other public 74.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.