Advance Multitech MD, chairman, board of directors and AGM
BSE: 526331Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹262.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹112 Cr5,278th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Aug 2026
- 18.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 23 May 2026
- 9.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 57.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- −18.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 23 May 2026
- 0.05
- Volume, BSEVolume. Shares traded on the last trading day.
- 209
Advance Multitech board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorRahul Ashokbhai Jain
6 directors3 independent3 executive
- Rahul Ashokbhai Jain · Chairperson and managing directorExecutive · joined Sep 2026 · 1 month as independent · 1 listed board
- Rajneel Gautambhai JainExecutive · joined Sep 2026 · 1 month as independent · 1 listed board
- Siddharth Arvindbhai JainExecutive · joined Sep 2026 · 1 month as independent · 1 listed board
- Alpesh Rameshbhai PaliwalIndependent · joined Sep 2026 · 1 month as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Ankush Madan PandeyIndependent · joined Sep 2026 · 1 month as independent · 1 listed board · 1 as independent · 2 committee seats
- Priyanka Kirtikumar MarvaniaIndependent · joined Sep 2026 · 1 month as independent · 2 listed boards · 2 as independent · 4 committee seats
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.
5 directors who left
- ARVIND VISHWANATH GOENKA, left 1 Sep 2026: Tenure Completion
- HIRAL RAJESHKUMAR SHAH, left 1 Sep 2026: Others
- RAVINDRAKUMAR LALJIBHAI MEHTA, left 1 Sep 2026: Others
- GOVIND GANPATLAL SHAH, left 1 Sep 2026: Others
- MINAXI GOVIND SHAH, left 1 Sep 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Sep 20266 of 6 present3 independent · 22 days in between
- 1 Sep 20266 of 6 present3 independent · 20 days in between
- 11 Aug 20265 of 5 present2 independent
Audit Committee
Chair Alpesh Rameshbhai Paliwal
Ankush Madan Pandey, Priyanka Kirtikumar Marvania
- 24 Sep 20263 of 3 present3 independent · 22 days in between
- 1 Sep 20263 of 3 present3 independent · 20 days in between
- 11 Aug 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Alpesh Rameshbhai Paliwal
Ankush Madan Pandey, Priyanka Kirtikumar Marvania
- 1 Sep 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Alpesh Rameshbhai Paliwal
Ankush Madan Pandey, Priyanka Kirtikumar Marvania
No meeting listed in the filing.
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.
- SURESH R. SHAH & ASSOCIATESPeer-review certificate valid to Jan 2028
1 earlier auditor
- M/s SURESH R. SHAH & ASSOCIATESNamed in the filing for the quarter to Mar 2025
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.
Advance Multitech 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.Advance Multitech share news and announcements
Annual general meeting, 28 Sep 2026
3,114 shareholders on the register on 21 Sep 2026; present: 7 promoters and 10 others; votes counted by SOURABH VIJAY PATAWARI / PATAWARI & ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statement for the year ended 31st March, 2026, the Report of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of M/s. Rajesh J Shah & Associates, Chartered Accountants (Firm Registration No. 10840W) as the Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Increase in Authorised Share Capital and Alteration of the Capital Clause in Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
To consider and approve issuance of up to 1,00,00,000 (One Crore) fully convertible warrants at a price of Rs. 40/- (Rupees Forty only) convertible into equity shares to non-promoter investor on preferential basisMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- To Consider and Approve the Increase in Borrowing Limits Under Section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- To Consider and Approve to borrow money from directors of the company up to Rs. 50 Crores Under Section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Alteration of Objects clause in Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of Mr. Rahul Ashokbhai Jain (DIN: 03468716) as the Managing Director & Chairman and payment of remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of Mr. Rajneel Gautambhai Jain (DIN: 11541386) as Director of the companyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of Mr. Siddharth Arvindbhai Jain (DIN: 11541387) as Director of the companyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of Mr. Alpesh Rameshbhai Paliwal (DIN: 06606261) as Non-Executive Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of Mr. Ankush Madan Pandey (DIN: 11855729) as Non-Executive Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Appointment of Mrs. Priyanka Kirtikumar Marvania (DIN: 11676606) as Non-Executive Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Adoption of Amended New Set of Memorandum of Association of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
- Adoption of New Set of Articles of Association of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.00% · promoters 100.00% · institutions 0.00% · other public 12.25%
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.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyBSE LimitedSince 7 Sep 2026
Non-compliance with requirement to appoint a qualified company secretary as the compliance officer as per Regulation 6(1). For this Fine amount of Rs. 4720 is levied by stock exchange
Delayed Compliance
In the company's own words, from its latest governance filing.
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
- 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
- Yes
- 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.