Inventure Growth & Securities Ltd has moved to reinforce its leadership lineup, approving the re-appointment of Kanji B. Rita as Chairman and Managing Director for a fresh three-year term, alongside the continuation of Surji Damji Chheda as an Independent Director for a five-year spell. The board’s decision, taken at a meeting on 3 August 2026 and subject to shareholder approval at the forthcoming annual general meeting, signals continuity at the top echelons of the financial services firm.
Details from the annexure accompanying the board decision reveal the term specifics: Kanji B. Rita’s new tenure as Managing Director runs from 13 August 2027 to 12 August 2030, while Surji Damji Chheda’s second term as Independent Director begins on 1 October 2027 and extends for five years, with retirement by rotation as applicable. The arrangements reinforce governance continuity as the company navigates a dynamic market environment.
Kanji B. Rita is described as a long-time company figure, having linked with Inventure since 2002 as a Whole Time Director and currently serving as Chairman & Managing Director, with broad experience in the financial and stock market space. Surji Damji Chheda brings more than 27 years of Chartered Accountant practice, with expertise spanning income tax, company law and GST, and holds directorships at Sejal Glass Limited and Chhaya Securities Private Limited, while maintaining an active practice with S.D. Chheda & Co. Both individuals are reportedly not debarred from holding director roles and are aligned with the company’s long-term strategic plan.