Innovana Thinklabs logo

Innovana Thinklabs MD, chairman, board of directors and AGM

NSE: INNOVANABSE: 544302IT - SoftwareSmall Cap

Last close ₹276.70down ₹15.50 (5.30%)BSE ₹280.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹292.20.

52-week range of traded prices to 23 Oct 2026
₹269.25Low, 23 Oct 2026₹524.95High, 19 Nov 2025
Market cap
₹572 Cr1,631st largest listed
P/E
18.6
P/B
2.1
Dividend yield
Nonein the last 12 months
ROE
12.7%
ROCE
9.1%
Debt to equity
0.03
Volume, NSE
21,7047.1% delivered

Innovana Thinklabs board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorCHANDAN GARG
  • Company Secretary and Compliance OfficerVasu Ajay Anand

6 directors3 independent2 executive1 non-executive

  • CHANDAN GARG · Chairperson and managing directorExecutive · joined Apr 2015 · 2 listed boards · 2 committee seats
  • Kapil GargExecutive · joined Apr 2015 · 1 listed board
  • Swaran KantaNon-executive · joined Jun 2017 · 1 listed board
  • Riya SharmaIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • AMRITANSHU BALANIIndependent · joined Dec 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Varun KaulIndependent · joined Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Hemant Koushik, left 5 Sep 2025: Others
  • Arvind Kumar Sharma, left 11 Dec 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 20 May 20266 of 6 present3 independent · 78 days in between
    • 2 Mar 20266 of 6 present3 independent

  • Audit Committee

    Chair Varun Kaul

    Riya Sharma, CHANDAN GARG

    • 20 May 20263 of 3 present2 independent · 95 days in between
    • 13 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Varun Kaul

    Riya Sharma, AMRITANSHU BALANI

    • 20 May 20263 of 3 present3 independent · 256 days in between
    • 5 Sep 20253 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair AMRITANSHU BALANI

    Riya Sharma, Varun Kaul

    • 20 May 20263 of 3 present3 independent · 355 days in between
    • 29 May 20253 of 3 present3 independent

  • Corporate Social Responsibility Committee

    Chair Riya Sharma

    Varun Kaul, AMRITANSHU BALANI

    • 20 May 20263 of 3 present3 independent · 355 days in between
    • 29 May 20253 of 3 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Goyal Darda & CompanyPeer-review certificate valid to Oct 2027
1 earlier auditor
  • Amit Ramakant & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Innovana Thinklabs AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Innovana Thinklabs dividend history

Annual general meeting, 29 Sep 2026

2,928 shareholders on the register on 23 Sep 2026; present: 6 promoters and 21 others; votes counted by ABHISHEK GOSWAMI / ABHISHEK GOSWAMI & CO..The company's voting result (opens in a new tab)

  1. To consider and adopt the audited Standalone and Consolidated Financial Statements of the company for the financial year ended March 31, 2026, and the report of the Board of Directors (‘the Board’) and auditors thereon.MoreLess
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 77.01% · promoters 99.99% · institutions 0.00% · other public 17.79%

  2. To appoint a director in place of Mr. Kapil Garg (DIN: 07143551) who retires by rotation and being eligible, has offered himself for re-appointment.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 77.01% · promoters 99.99% · institutions 0.00% · other public 17.79%

  3. To approve material related party transaction limits with Bitguardian GMBH
    OrdinaryPromoters have an interest in it
    99.27% for0.73% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 4.37% · promoters 0.00% · institutions 0.00% · other public 17.79%

  4. To approve material related party transaction limits with Digital Protection Services SRL
    OrdinaryPromoters have an interest in it
    99.27% for0.73% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 4.37% · promoters 0.00% · institutions 0.00% · other public 17.79%

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.

Postal ballot, 19 Jun 2026, 1 resolution

2,845 shareholders on the register on 15 May 2026; votes counted by ABHISHEK GOSWAMI / ABHISHEK GOSWAMI & CO..The company's voting result (opens in a new tab)

  1. RE-APPOINTMENT OF MRS. RIYA SHARMA (DIN: 09213476) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A SECOND TERM OF FIVE CONSECUTIVE YEARS
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 77.96% · promoters 99.98% · institutions 34.15% · other public 18.14%

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.

Postal ballot, 2 Apr 2026, 4 resolutions

2,727 shareholders on the register on 27 Feb 2026; votes counted by ABHISHEK GOSWAMI / ABHISHEK GOSWAMI & CO..The company's voting result (opens in a new tab)

  1. APPROVAL FOR INCREASING THE BORROWING LIMIT UNDER SECTION 180(1)(c) OF THE COMPANIES ACT, 2013
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 78.67% · promoters 99.98% · institutions 31.78% · other public 21.14%

  2. APPROVAL UNDER SECTION 180(1)(a) OF THE COMPANIES ACT, 2013 INTER ALIA FOR CREATION OF MORTGAGE OR CHARGE ON THE ASSETS, PROPERTIES OR UNDERTAKING(S) OF THE COMPANY
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 78.67% · promoters 99.98% · institutions 31.78% · other public 21.14%

  3. APPROVAL TO ADVANCE ANY LOAN/GIVE GUARANTEE/PROVIDE SECURITY UNDER SECTION 185 OF THE COMPANIES ACT, 2013
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 78.67% · promoters 99.98% · institutions 31.78% · other public 21.14%

  4. ENHANCEMENT OF THE EXISTING LIMIT UNDER SECTION 186 OF THE COMPANIES ACT, 2013
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 78.67% · promoters 99.98% · institutions 31.78% · other public 21.14%

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.

Annual general meeting, 30 Sep 2025, 7 resolutions

2,714 shareholders on the register on 19 Sep 2025; present: 7 promoters and 15 others; votes counted by ABHISHEK GOSWAMI / ABHISHEK GOSWAMI & CO..The company's voting result (opens in a new tab)

  1. To consider and adopt the audited Standalone and Consolidated Financial Statements of the company for the financial year ended March 31, 2025, and the report of the Boards of Directors (‘the Boards’) and auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.77% · promoters 99.99% · institutions 31.54% · other public 8.09%

  2. To appoint a director in place of Mrs. Swaran Kanta (DIN: 07846714) who retires by rotation and being eligible, has offered herself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.77% · promoters 99.99% · institutions 31.54% · other public 8.09%

  3. To consider the appointment of M/s Goyal Darda & Company as the Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.77% · promoters 99.99% · institutions 31.54% · other public 8.09%

  4. To regularize of Additional Director, Mr. Varun Kaul (DIN: 11282034) by appointing as Independent Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 75.77% · promoters 99.99% · institutions 31.54% · other public 8.09%

  5. To appointment of Secretarial Auditors of the Company and in this regard.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 75.77% · promoters 99.99% · institutions 31.54% · other public 8.09%

  6. To approve material related party transaction limits with Bitguardian GMBH
    OrdinaryPromoters have an interest in it
    99.00% for1.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.26%

    Turnout: all 2.56% · promoters 0.01% · institutions 31.54% · other public 8.09%

  7. To approve material related party transaction limits with Digital Protection Services SRL
    OrdinaryPromoters have an interest in it
    99.00% for1.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.26%

    Turnout: all 2.56% · promoters 0.01% · institutions 31.54% · other public 8.09%

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.

Extraordinary general meeting, 23 Jul 2025, 2 resolutions

2,198 shareholders on the register on 16 Jul 2025; present: 7 promoters and 21 others; votes counted by Abhishek Goswami / Abhishek Goswami & Co..The company's voting result (opens in a new tab)

  1. TO INCREASE THE AUTHORISED SHARE CAPITAL OF THE COMPANY AND CONSEQUENT ALTERATION TO THE CAPITAL CLAUSE OF MEMORANDUM OF ASSOCIATION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.78%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. ISSUE OF WARRANTS ON PREFERENTIAL BASIS TO THE PERSON / ENTITY BELONGING TO THE PROMOTER AND NON-PROMOTER CATEGORY
    SpecialPromoters have an interest in it
    99.54% for0.46% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.82%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Postal ballot, 14 Feb 2025, 1 resolution

1,689 shareholders on the register on 10 Jan 2025; votes counted by Abhishek Goswami / M/s Abhishek Goswami & Co.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF AMRITANSHU BALANI (DIN: 08697688) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A TERM OF FIVE CONSECUTIVE YEARS W.E.F. 11 DECEMBER 2024
    Special
    78.37% for21.63% against

    Against: promoters 0.00% · other public 21.63%

    Turnout: all 0.07% · promoters 0.00% · other public 0.27%

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.

Annual general meeting, 30 Sep 2024, 2 resolutions

Present: 7 promoters and 16 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statement (including consolidated financial statement) of thencompany for the financial year ended March 31, 2024, and the report of the Boards of Directors (‘the Boards’) and auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.66% · promoters 100.00% · institutions 0.00% · other public 1.60%

  2. To appoint a director in place of Mr. Kapil Garg (DIN: 07143551) who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.66% · promoters 100.00% · institutions 0.00% · other public 1.60%

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.

Postal ballot, 31 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. MIGRATION OF LISTING / TRADING OF EQUITY SHARES OF THE COMPANY FROM EMERGE PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED TO MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (¿NSE¿) AS WELL AS ON MAIN BOARD OF BSE LIMITED (¿BSE¿): SPECIAL RESOLUTIONMoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 78.07% · promoters 99.96% · institutions 0.00% · other public 18.20%

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.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Preferential IssuesSep 202514.44General Corporate Purposes14.440.00NoAudit committee: The Committee observed that there are no deviations or variations in the utilization of issue proceeds from the stated objects.
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.