Aakash Exploration Services logo

Aakash Exploration Services MD, chairman, board of directors and AGM

NSE: AAKASHOilSmall Cap

Last close ₹7.79down ₹0.17 (2.14%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹7.96.

52-week range of traded prices to 23 Oct 2026
₹6.86Low, 6 Oct 2026₹13.40High, 6 Mar 2026
Market cap
₹79 Cr3,019th largest listed
P/E
22.6
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
5.6%
ROCE
4.8%
Debt to equity
0.35
Volume, NSE
86,82767.0% delivered

Aakash Exploration Services board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorVipul Navinchandra Haria
  • Company Secretary and Compliance OfficerNisha Agrawal

6 directors3 independent3 executive

  • Vipul Navinchandra Haria · Chairperson and managing directorExecutive · joined Jan 2007 · reappointed Dec 2023 · 1 listed board · 1 committee seat
  • Hemang Navinchandra HariaExecutive · joined Jan 2007 · reappointed Feb 2026 · 1 listed board · 1 committee seat
  • Krunal Pravin HariaExecutive · joined Jan 2007 · reappointed Feb 2026 · 1 listed board
  • Ami Nirav ShahIndependent · joined Dec 2017 · reappointed Dec 2022 · 102 months as independent · 1 listed board · 1 as independent
  • Piyush Vasanji SavlaIndependent · joined Dec 2017 · reappointed Dec 2022 · 102 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Divyang Rameshchandra PatelIndependent · joined Dec 2017 · reappointed Dec 2022 · 102 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 May 20266 of 6 present3 independent · 25 days in between
    • 16 Apr 20264 of 6 present1 independent · 62 days in between
    • 12 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Divyang Rameshchandra Patel

    Piyush Vasanji Savla, Hemang Navinchandra Haria

    • 12 May 20263 of 3 present2 independent · 88 days in between
    • 12 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Piyush Vasanji Savla

    Ami Nirav Shah, Divyang Rameshchandra Patel

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Divyang Rameshchandra Patel

    Piyush Vasanji Savla, Vipul Navinchandra Haria

    • 12 May 20263 of 3 present2 independent · 88 days in between
    • 12 Feb 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Parikh Shah & AssociatesPeer-review certificate valid to May 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Aakash Exploration Services AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Aakash Exploration Services share news and announcements

Annual general meeting, 29 Sep 2026

49,552 shareholders on the register on 22 Sep 2026; present: 4 promoters and 33 others; votes counted by SHARVIL BHARAT KUMAR SUTHAR / SUTHAR AND SURTI.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026 and Statement of Profits & Loss together with Cash Flow Statement and Notes forming part thereto (“Financial Statement”) for the year ended on 31st March, 2026 and Report of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 66.57% · promoters 100.00% · institutions 0.00% · other public 0.10%

  2. To appoint a director in place of Mr. Hemang Navin Haria (DIN: 01690627) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 44.84% · promoters 67.33% · institutions 0.00% · other public 0.10%

  3. Re-appointment of Mr. Vipul Navinchandra Haria (DIN 01690638) as a Managing Director of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 29.93% · promoters 44.93% · institutions 0.00% · other public 0.10%

  4. Appointment of Mr. Vihan Vipul Haria (DIN: 10939452) as a Director & Whole Time Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 66.57% · promoters 100.00% · institutions 0.00% · other public 0.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Sep 2025, 5 resolutions

50,022 shareholders on the register on 15 Sep 2025; present: 7 promoters and 30 others; votes counted by SHARVIL BHARAT KUMAR SUTHAR / SUTHAR & SURTI.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2025 and Statement of Profits and Loss together with Cash Flow Statement and Notes forming part thereto (`Financial Statement`) for the year ended on 31st March, 2025 and Report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 66.69% · promoters 100.00% · institutions 0.00% · other public 0.43%

  2. To appoint a director in place of Mr. Vipul Haria (DIN: 01690638) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 19.73%

    Turnout: all 30.04% · promoters 44.93% · institutions 0.00% · other public 0.43%

  3. Re-appointment of Mr. Hemang Navinbhai Haria (DIN: 01690627) as a Whole Time Director of the Company
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.29%

    Turnout: all 44.95% · promoters 67.33% · institutions 0.00% · other public 0.43%

  4. Re-appointment of Mr. Krunal Pravinbhai Haria (DIN: 01566988) as a Whole Time Director of the Company.
    SpecialPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 19.77%

    Turnout: all 59.50% · promoters 89.20% · institutions 0.00% · other public 0.43%

  5. Appointment of M/s. Suthar and Surti, Company Secretaries, as the Secretarial Auditor of the Company for a term of five consecutive years from the Financial Year 2025-26 to the Financial Year 2029-30.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 66.69% · promoters 100.00% · institutions 0.00% · other public 0.43%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2024, 7 resolutions

Present: 7 promoters and 29 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2024 and Statement of Profits and Loss together with Cash Flow Statement and Notes forming part thereto (`Financial Statement`) for the year ended on 31st March, 2024 and Report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 67.08% · promoters 100.00% · institutions 0.00% · other public 1.23%

  2. To appoint a director in place of Mr. Krunal Haria (DIN: 01566988) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 59.90% · promoters 89.22% · institutions 0.00% · other public 1.23%

  3. Revision in remuneration payable to Mr. Vipul Navinchandra Haria (DIN:01690638) Managing Director of the Company.
    SpecialPromoters have an interest in it
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 57.99%

    Turnout: all 29.47% · promoters 43.58% · institutions 0.00% · other public 1.23%

  4. Revision in remuneration payable to Mr. Hemang Navinbhai Haria (DIN: 01690627) Whole Time Director and CFO of the Company.
    SpecialPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 0.00% · other public 57.75%

    Turnout: all 45.21% · promoters 67.20% · institutions 0.00% · other public 1.23%

  5. Revision in remuneration payable to Mr. Krunal Pravinbhai Haria (DIN: 01566988) Whole Time Director of the Company.
    SpecialPromoters have an interest in it
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 57.76%

    Turnout: all 59.90% · promoters 89.22% · institutions 0.00% · other public 1.23%

  6. Approval of Remuneration of Ms. Devni Hemang Haria holding an office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 0.00% · other public 57.51%

    Turnout: all 45.22% · promoters 67.20% · institutions 0.00% · other public 1.23%

  7. Approval of Remuneration of Mr. Vihan Vipul Haria holding an office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    99.20% for0.80% against

    Against: promoters 0.00% · institutions 0.00% · other public 57.49%

    Turnout: all 29.47% · promoters 43.59% · institutions 0.00% · other public 1.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2023, 4 resolutions

Present: 7 promoters and 28 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2023 and Statement of Profits & Loss together with Cash Flow Statement and Notes forming part thereto (¿Financial Statement¿) for the year ended on 31st March, 2023 and Report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.45%

    Turnout: all 66.70% · promoters 100.00% · institutions 0.00% · other public 0.08%

  2. To appoint a Director in place of Mr. Hemang Haria (DIN: 01690627) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.51%

    Turnout: all 44.83% · promoters 67.20% · institutions 0.00% · other public 0.08%

  3. To Appoint Statutory Auditors and to authorize the Board of Directors to determine their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.51%

    Turnout: all 66.70% · promoters 100.00% · institutions 0.00% · other public 0.08%

  4. Re-appointment of Mr. Vipul Vinochandra Haria (DIN: 01690638) as a Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.28%

    Turnout: all 30.06% · promoters 45.04% · institutions 0.00% · other public 0.08%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Mar 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Hemang Navinbhai Haria (DIN: 01690627) as a Whole Time Director & CFO of the Company.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.03%

    Turnout: all 44.83% · promoters 67.20% · institutions 0.00% · other public 0.06%

  2. Re-appointment of Mr. Krunal Pravinbhai Haria (DIN: 01566988) as a Whole Time Director of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.05%

    Turnout: all 59.51% · promoters 89.22% · institutions 0.00% · other public 0.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 8 resolutions

Present: 7 promoters and 33 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2022 and Statement of Profits & Loss together with Cash Flow Statement and Notes forming part thereto (¿Financial Statement¿) for the year ended on 31st March, 2022 and Report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 67.01% · promoters 100.00% · institutions 0.00% · other public 1.02%

  2. To appoint a Director in place of Mr. Vipul Haria (DIN: 01690638) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 30.37% · promoters 45.04% · institutions 0.00% · other public 1.02%

  3. Re-appointment of Mr. Divyang Rameshchandra Patel (DIN 08048091) as an Independent Director of the Company for the Second term of 5 (five) years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 67.01% · promoters 100.00% · institutions 0.00% · other public 1.02%

  4. Re-appointment of Ms. Ami Nirav Shah (DIN 08047071) as an Independent Director of the Company for the Second term of 5 (five) years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 67.01% · promoters 100.00% · institutions 0.00% · other public 1.02%

  5. Re-appointment of Mr. Piyush Vasanji Savla (DIN 08047095) as an Independent Director of the Company for the Second term of 5 (five) years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 67.01% · promoters 100.00% · institutions 0.00% · other public 1.02%

  6. Approval of Remuneration of Mrs. Urvi Hemang Haria holding an office or place of profit in the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 45.14% · promoters 67.20% · institutions 0.00% · other public 1.02%

  7. Approval of Remuneration of Mr. Navin Vershi Haria holding an office or place of profit in the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 8.50% · promoters 12.24% · institutions 0.00% · other public 1.02%

  8. Approval of Remuneration of Mrs. Bijal Vipul Haria holding an office or place of profit in the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 29.40% · promoters 43.59% · institutions 0.00% · other public 1.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Sep 2021, 3 resolutions

Present: 7 promoters and 9 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2021 and Statement of Profits & Loss together with Cash Flow Statement and Notes forming part thereto (¿Financial Statement¿) for the year ended on 31st March, 2021 and Report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.18% · promoters 100.00% · institutions 0.00% · other public 3.17%

  2. To appoint a Director in place of Mr. Krunal P. Haria (DIN: 01566988) who retires by rotation at this meeting and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.03% · promoters 88.89% · institutions 0.00% · other public 3.17%

  3. Re-appointment of Mr. Vipul Navinbhai Haria (DIN 01690638) as Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.55% · promoters 48.69% · institutions 0.00% · other public 3.17%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2020, 3 resolutions

Present: 7 promoters and 3 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2020 and Statement of Profits & Loss together with Cash Flow Statement and Notes forming part thereto (¿Financial Statement¿) for the year ended on 31st March, 2020 and Report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.32% · promoters 100.00% · institutions 0.00% · other public 7.44%

  2. To appoint a Director in place of Mr. Hemang N. Haria (DIN: 01690627) who retires by rotation at this meeting and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.13% · promoters 65.66% · institutions 0.00% · other public 7.44%

  3. Revision of remuneration of Mr. Krunal Pravinbhai Haria (DIN 01566988)
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 67.17% · promoters 88.89% · institutions 0.00% · other public 7.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Sep 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.