Inventure Growth & Securities Reappoints MD Kanji B. Rita and Independent Director Surji D. Chheda
Inventure Growth & Securities has re-appointed Mr. Kanji B. Rita as Chairman & Managing Director for three years from August 13, 2027. Mr. Surji D. Chheda has been re-appointed as Independent Director for five years from October 1, 2027. Both appointments require shareholder approval.
The re-appointment of the Chairman & Managing Director and an Independent Director for extended terms suggests a stable leadership outlook, which can positively influence investor confidence and strategic execution.
The re-appointment of key management personnel and an independent director signifies stability and continuity within the company's leadership.
Inventure Growth & Securities Limited announced on August 3, 2026, that its Board of Directors, based on recommendations from the Nomination and Remuneration Committee, has approved the re-appointment of Mr. Kanji B. Rita as Chairman & Managing Director and Mr. Surji Damji Chheda as an Independent Director.
Mr. Kanji B. Rita's term as Managing Director will be for a period of three years, commencing from August 13, 2027, to August 12, 2030. His current term expires on August 12, 2027. Mr. Rita, associated with the company since 2002, has extensive experience in the financial and stock market segments.
Mr. Surji Damji Chheda has been re-appointed for a second term as an Independent Director for a period of five years, starting from October 1, 2027, to September 30, 2032. His current term expires on September 30, 2027. Mr. Chheda is a Chartered Accountant with over 27 years of experience in practice, specializing in Income Tax Law, Company Law, and GST Law. He also holds directorships in Sejal Glass Limited and Chhaya Securities Private Limited.
Both re-appointments are subject to the approval of the company's shareholders at the ensuing annual general meeting. The company will make this information available on its website, www.inventuregrowth.com.
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Inventure Growth & Securities Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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