Chandu Chavan

Opal Luxury: Lean promoter-stake and Innoventive's low cost of holding reduce comfort, says VS Fernando.

Shutdown will not have major impact, says Innoventive Ind

Innoventive Industries recently announced that it is shutting down operations at one of its plants. Chandu Chavan, chairman of the company told CNBC-TV18 that this decision was taken because the plant contribution to the total revenue of the company was very small.

Expect EBITDA over 26% in FY12: Innoventive Industries

Chandu Chavan, chairman of Innoventive Industries, in an exclusive interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, said the company expects growth in consolidated sales to Rs 850 crore and profit after tax (PAT) to Rs 90 crore in FY12.

Exports constitute 18% of total revenues: Innoventive Inds

Pune-based multiproduct engineering company Innoventive Industries' (IIL) initial public offering has opened for subscription today. In an interview with CNBC-TV18, Chandu Chavan, Chairman, Innoventive Industries says, "Our margins are 22% and we are quite hopeful to maintain that.”