Innovassynth Investments Ltd — Important, 23-12-2025: Company Update

Innovassynth Investments' board has approved the allotment of 4.75 Cr new equity shares of Rs. 10 each to shareholders of Innovassynth Technologies, pursuant to their merger scheme. This increases the company's paid-up equity capital to Rs. 75.45 Cr, divided into 7.54 Cr shares. The board appointed Mr. Prosenjit Gupta as Chairperson and designated Dr. Hardik Joshipura as Managing Director & CEO. Mr. Jayesh Patel has been appointed Chief Financial Officer, replacing Mr. Sameer Pakhali who continues as Company Secretary. Additionally, the company appointed four new directors, shifted its registered office, and appointed KPMG as internal auditor for FY 2025-26.