Innovassynth Technologies (India) CEO, MD, chairman, board of directors and AGM
BSE: 533315Chemicals & PetrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹160.40.
- Under BSE's long-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,463 Cr1,761st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Not shown: another business merged into the company on 29 May 2026, and the accounts this figure is made of do not include it yet. It returns once accounts of the company as it now is are filed.
- Mergernew accounts awaited
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- Volume, BSEVolume. Shares traded on the last trading day.
- 45,609
Innovassynth Technologies (India) 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
- Managing director and CEOHARDIK MAHESH JOSHIPURA
- ChairpersonPROSENJIT GUPTA
- Company Secretary and Compliance OfficerSameer Pakhali
8 directors4 independent2 executive2 non-executive
- HARDIK MAHESH JOSHIPURA · Managing director and CEOExecutive · joined Feb 2022 · 52 months as independent · 1 listed board · 1 committee seat
- NALINI RAMASWAMYIndependent · joined Sep 2022 · 45 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- DILIP HIMMATMAL OSWALIndependent · joined Apr 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats
- PROSENJIT GUPTA · ChairpersonIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- VIREN RAJAN RAHEJANon-executive · joined Dec 2025 · 6 months as independent · 3 listed boards · 4 committee seats
- AMEETA AZIZ PARPIAIndependent · joined Dec 2025 · 6 months as independent · 3 listed boards · 3 as independent · 6 committee seats
- AKSHAY RAJAN RAHEJANon-executive · joined Dec 2025 · 6 months as independent · 5 listed boards · 2 committee seats
- VAIBHAV ASHOK JOSHIExecutive · joined Dec 2025 · 6 months as independent · 1 listed board · 1 committee seat
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.
1 director who left
- SANDESH VITHAL MHADALKAR, left 21 Oct 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20268 of 8 present4 independent · 62 days in between
- 27 Mar 20268 of 8 present4 independent · 44 days in between
- 10 Feb 20268 of 8 present4 independent
Audit Committee
Chair PROSENJIT GUPTA
DILIP HIMMATMAL OSWAL, NALINI RAMASWAMY, AMEETA AZIZ PARPIA, HARDIK MAHESH JOSHIPURA, VIREN RAJAN RAHEJA
- 29 May 20266 of 6 present4 independent · 107 days in between
- 10 Feb 20266 of 6 present4 independent
Nomination and remuneration committee
Chair AMEETA AZIZ PARPIA
NALINI RAMASWAMY, DILIP HIMMATMAL OSWAL, PROSENJIT GUPTA, VIREN RAJAN RAHEJA, AKSHAY RAJAN RAHEJA
- 29 May 20266 of 6 present6 independent · 107 days in between
- 10 Feb 20266 of 6 present4 independent
Stakeholders Relationship Committee
Chair NALINI RAMASWAMY
PROSENJIT GUPTA, DILIP HIMMATMAL OSWAL, AMEETA AZIZ PARPIA, VAIBHAV ASHOK JOSHI
No meeting listed in the filing.
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 Jun 2026.
- P G BHAGWAT LLPPeer-review certificate valid to May 2027
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.
Innovassynth Technologies (India) 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.Innovassynth Technologies (India) share news and announcements
Annual general meeting, 30 Sep 2026
27,395 shareholders on the register on 23 Sep 2026; present: 8 promoters and 56 others; votes counted by Sushil Talathi / Sushil Talathi and Associates.The company's voting result (opens in a new tab)
1. To receive, consider and adopt the audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 0.78%
- 2. To appoint a director in place of Dr. Hardik Joshipura (DIN: 09392511), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 0.78%
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.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSE LimitedSince 15 Apr 2026
The Company received an email dated May 27, 2026 from BSE Limited, pursuant to which a fine of ₹11,800/- (inclusive of GST) was levied for non-compliance with Regulation 29(2)/29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to delay in furnishing prior intimation about the meeting of the Board of Directors for the month of March 2026.
Non-compliance with Regulations 29(2) and 29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, due to delay in furnishing prior intimation of the meeting of the Board of Directors held during March 2026.MoreLess
In the company's own words, from its latest governance filing.
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
- 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
- No
- The filing has a part on fines and penalties
- Yes
- 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 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesMay 2026, checked by ACER Credit Rating Pvt. Ltd | 69.65 | Pre-payment, in full, of the Rupee Term Loan availed from ICICI Bank Limited | 44.00 | 44.00 | No |
| Rights IssuesMay 2026, checked by ACER Credit Rating Pvt. Ltd | 69.65 | To augment the existing and incremental working capital requirement of the Company. | 8.50 | 0.66 | No |
| Rights IssuesMay 2026, checked by ACER Credit Rating Pvt. Ltd | 69.65 | General Corporate Purpose | 16.32 | 8.70 | No |