Invicta Diagnostic Limited Appoints New Managing Director and Approves Associate Stake Sale
The Board of Directors of Invicta Diagnostic Limited held a meeting on July 29, 2026, during which it approved several key changes in management appointments and reviewed the sale of a significant stake in an associate LLP. The company also recorded the resignations of two senior executives.Leadership Changes and Key Appointments
The Board accepted the resignation of Mr. Rohit Prakash Srivastava from the position of Whole Time Director (Finance) and Director, effective July 29, 2026. The Board appreciated his services and placed on record that he will continue serving as Chief Financial Officer (CFO) and Key Managerial Personnel.Concurrently, the company accepted the resignation of Ms. Konica Rohit Srivastava from her role as Manager designated as Key Managerial Personnel, effective July 29, 2026.
In a significant move, based on the recommendation of the Nomination and Remuneration Committee, Mr. Sanket Vinod Jain (DIN: 08299039) was appointed as the new Managing Director of Invicta Diagnostic Limited. The appointment is for a period of three years, commencing July 29, 2026, subject to approval by shareholders at the ensuing General Meeting.
Details regarding Mr. Sanket Vinod Jain and his role are provided below:
| Particular | Detail |
|---|---|
| DIN | 08299039 |
| Date of Appointment | July 29, 2026 |
| Term | 3 years |
| Remuneration | Rs. 7.20 Lakh per annum |
Sale of Associate Stake and Governance Update
The Board also approved the sale or disposal of Invicta Diagnostic Limited's entire 50% partnership interest in MSCRIBEIT INFOTECH LLP, an associate LLP of the company. The transaction is set to be completed on or before March 31, 2027, subject to the execution of definitive documents and necessary formalities.The purchaser for this stake is Mr. Amol Ratnakar Bhalekar and/or Ms. Ankita Shukla (either jointly or singly), who does not belong to the Promoter Group of Invicta Diagnostic Limited.
Financial details related to the associate LLP and the transaction are as follows:
| Metric | Detail |
|---|---|
| Stake Sold | 50% partnership interest |
| Total Consideration Received | Rs. 50,000 (Rupees 50,000 only) |
| Associate LLP Net Worth | Rs. 1.59 Lakhs (0.03% of Invicta Diagnostic Limited's consolidated networth) |
| LLP Assets / Liabilities | Nil |
Stakeholders Relationship Committee Reconstitution
The Board also noted and accepted the resignation of Mr. Aayush Kamleshbhai Shah from the Stakeholders Relationship Committee. To ensure continued governance, Mr. Ketan Jaintlal Jain was appointed as a Member of the committee. The revised constitution of the Stakeholders Relationship Committee is:| Sr. No. | Name | Designation |
|---|---|---|
| 1 | Ms. Shilpa Ajay Bhatta | Chairman |
| 2 | Mr. Sanket Vinod Jain | Member |
| 3 | Mr. Ketan Jaintlal Jain | Member |
INVICTA Stock Price Movement
Invicta Diagnostic Limited saw its stock close higher today, edging up to ₹67 after reporting a 1.52% gain in value. The share movement for the day was supported by a total traded volume of 14,400 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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