Airan logo

Airan MD, chairman, board of directors and AGM

NSE: AIRANBSE: 543811IT - ServicesSmall Cap

Last close ₹14.02down ₹0.13 (0.92%)BSE ₹13.81

Share price at the NSE close on 23 Oct 2026. Previous close ₹14.15.

52-week range of traded prices to 23 Oct 2026
₹12.63Low, 30 Mar 2026₹24.90High, 29 Oct 2025
Market cap
₹175 Cr2,390th largest listed
P/E
11.2
P/B
1.1
Dividend yield
Nonein the last 12 months
ROE
10.4%
ROCE
5.2%
Debt to equity
0.01
Volume, NSE
69,83982.3% delivered

Airan 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 directorSandeepkumar Vishwanath AgrawalRelated to the promoter
  • Company Secretary and Compliance OfficerStuti kinariwala

7 directors4 independent2 executive1 non-executive

  • Sandeepkumar Vishwanath Agrawal · Chairperson and managing directorExecutive · joined Apr 1995 · 0 months as independent · 2 listed boards
  • Poonam Sandeepkumar AgrawalExecutive · joined Aug 2003 · 0 months as independent · 2 listed boards · 2 committee seats
  • Manish Chidambaram IyerIndependent · joined Aug 2018 · reappointed Aug 2023 · 94 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Ajit jainIndependent · joined Dec 2019 · reappointed Sep 2024 · 78 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Bhoomika Aditya GuptaIndependent · joined Jan 2017 · reappointed Jan 2022 · 114 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 1 as chair
  • Siddharth Sampatji DugarIndependent · joined Jan 2017 · reappointed Jan 2022 · 114 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
  • Abhishek Sandeepkumar AgrawaNon-executive · joined Nov 2019 · 3 listed boards · 4 committee seats, 1 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

    • 30 May 20267 of 7 present4 independent · 104 days in between
    • 14 Feb 20267 of 7 present4 independent

  • Audit Committee

    Chair Manish Chidambaram Iyer

    Abhishek Sandeepkumar Agrawa, Bhoomika Aditya Gupta, Siddharth Sampatji Dugar

    • 30 May 20264 of 4 present3 independent · 104 days in between
    • 14 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Bhoomika Aditya Gupta

    Ajit jain, Siddharth Sampatji Dugar

    • 28 Mar 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Bhoomika Aditya Gupta

    Ajit jain, Poonam Sandeepkumar Agrawal

    • 30 May 20263 of 3 present2 independent · 104 days in between
    • 14 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.

  • M/s Deora Maheshwari &CoPeer-review certificate valid to May 2029
1 earlier auditor
  • DEORA MAHESHWARI & CONamed 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.

Airan 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.Airan share news and announcements

Annual general meeting, 26 Sep 2026

56,753 shareholders on the register on 19 Sep 2026; present: 5 promoters and 41 others; votes counted by Anjali Sangtani / SCS & CO LLP.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31,2026.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 73.51% · promoters 100.00% · institutions 0.00% · other public 4.65%

  2. To appoint Mr. Sandeepkumar Vishwanath Agrawal (DIN: 02566480) director of the company as director liable to retire by rotation and being eligible, offer himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 73.51% · promoters 100.00% · institutions 0.00% · other public 4.65%

  3. To Appoint M/S Supal Shah & Associates as a Statutory Auditor of the Company and fix their remuneration.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 73.51% · promoters 100.00% · institutions 0.00% · other public 4.65%

  4. To approve the appointment of Mrs Indu Shaktibhusan Shukla (DIN:08078155) as Non-executive Non-Independent Director of the company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 73.51% · promoters 100.00% · institutions 0.00% · other public 4.65%

  5. To approve the appointment of Mr Mrugesh Arvindbhai Suthar (DIN:11640636) as a Non-executive Independent Director of the company for a period of 5 (five) year.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.65%

    Turnout: all 73.51% · promoters 100.00% · institutions 0.00% · other public 4.65%

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, 27 Sep 2025, 7 resolutions

61,533 shareholders on the register on 20 Sep 2025; present: 6 promoters and 36 others; votes counted by MS. ANJALI SANGTANI / M/S SCS & CO LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt; (a) the Audited Standalone Financial Statement of the Company for the Financial Year ended on 31 March, 2025 and the report of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31 March, 2025 and the report of Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.09%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

  2. To appoint Mr. Abhishek Sandeepkumar Agrawal (DIN: 07613943) Director of the Company as director liable to retire by rotation and being eligible, offer himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.25%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

  3. Appointment of M/s. SCS and CO. LLP., 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
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.12%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

  4. Re-appointment of Mr. Sandeepkumar Vishwanath Agrawal as a Chairman & Managing Director and payment of remuneration.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.27%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

  5. Re-appointment of Mrs. Poonam Sandeepkumar Agrawal as an Executive Director and payment of remuneration.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.39%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

  6. Adoption of Memorandum of Association of The Company as Per the Provisions of The Companies Act, 2013.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.25%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

  7. Approval for Giving Loans or Guarantees or Providing Security Under Section 185 of the Companies Act, 2013.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.93%

    Turnout: all 72.61% · promoters 100.00% · institutions 0.00% · other public 1.45%

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 2024, 5 resolutions

Present: 7 promoters and 32 others.The company's voting result (opens in a new tab)

  1. To Consider and adopt the Standalone and consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.66% · promoters 100.00% · institutions 0.00% · other public 8.38%

  2. To Appoint a Director in place of Mr. Abhishek Sandeepkumar Agrawal (DIN: 07613943), who retires by rotation and being eligible, offers herself for re-appointment;
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.66% · promoters 100.00% · institutions 0.00% · other public 8.38%

  3. Re-appointment of Mr. Ajit Gyanchand Jain (DIN: 07827804) as an Independent Director of the Company for a second term of five consecutive year,
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 74.66% · promoters 100.00% · institutions 0.00% · other public 8.38%

  4. Revision in Remuneration payable to Mr. Sandeepkumar Vishwanath Agrawal (DIN 02566480), Chairman and Managing Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.66% · promoters 100.00% · institutions 0.00% · other public 8.38%

  5. Revision in Remuneration payable to Mrs. Poonam Sandeepkumar Agrawal (DIN:01712128), Executive Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.66% · promoters 100.00% · institutions 0.00% · other public 8.38%

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, 27 Sep 2023, 4 resolutions

Present: 6 promoters and 25 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone and consolidated financial statement of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.67%

    Turnout: all 72.52% · promoters 99.72% · institutions 0.00% · other public 1.10%

  2. To re- appoint Mrs. Poonam Sandeepkumar Agrawal (DIN: 01712128) Director of the Company as director liable to retire by rotation
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.78%

    Turnout: all 72.51% · promoters 99.72% · institutions 0.00% · other public 1.10%

  3. To appoint Mr. Abhishek Sandeepkumar Agrawal (DIN: 07613943) as a Non-Executive Director of the Company.
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.77%

    Turnout: all 72.51% · promoters 99.72% · institutions 0.00% · other public 1.10%

  4. To approve requests received from Sudeepkumar Vishwanath Agrawal HUF, Mr. Sudeepkumar Vishwanath Agrawal, Mrs. Vandana Sudeepkumar Agrawal, Mr.Kunchit Sudeep Agrawal Persons belonging to Promoter Group category for reclassification from “Promoter Group” category to “Public” category.MoreLess
    OrdinaryPromoters have an interest in it
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.80%

    Turnout: all 72.51% · promoters 99.72% · institutions 0.00% · other public 1.10%

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, 24 Sep 2022, 4 resolutions

Present: 6 promoters and 30 others.The company's voting result (opens in a new tab)

  1. Ordinary Resolution To consider and adopt; n(a) the Audited Standalone Financial Statement of the Company for the Financial Year ended on 31 March, 2022 and the report of the Board of Directors and Auditors thereon; andn(b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31 March, 2022 and the report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 73.51% · promoters 99.72% · institutions 0.00% · other public 4.70%

  2. To re- appoint Mrs. Sarita Neeraj Aggrawal (DIN: n07694108) Director of the Company as director liable to nretire b rotation.
    Ordinary
    0.00% for0.00% against

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

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

  3. Re-appoint of M/s. Deora Maheshwari & Co., Chartered Accountants as statutory auditors of the Company and to fix their remuneration for a second term of four years
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.51% · promoters 99.72% · institutions 0.00% · other public 4.70%

  4. Re-appointment of Mr. Manish Chidambaram Iyer (DIN: n00631972) as an Independent Director of the Company for na second term of five consecutive ears
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 73.51% · promoters 99.72% · institutions 0.00% · other public 4.70%

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 2021, 7 resolutions

Present: 6 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To consider and adopt;nn(a)¿the Audited Standalone Financial Statement of the Company for the Financial Year ended on 31 March, 2021 and the report of the Board of Directors and Auditors thereon; andnnthe Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31 March, 2021 and the report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

  2. Re-Appointment of Mrs. Poonam Sandeepkumar Agrawal (DIN: 01712128) Director of the Company as director liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

  3. Re-appointment of Mr. Siddharth Sampatji Dugar (DIN: 07703369) as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

  4. Re-appointment of Mrs. Bhoomika Aditya Gupta (DIN: 02630074) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

  5. Re-appointment of Mr. Sandeepkumar Vishwanath Agrawal as a Managing Director and payment of remuneration.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

  6. Re-appointment of Mrs. Poonam Sandeepkumar Agrawal as an Executive Director and payment of remuneration.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

  7. Revision in Remuneration payable to Mr. Abhishek Sandeepkumar Agrawal (DIN 07613943), Executive Director of the Company:
    Special
    99.99% for0.01% against

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

    Turnout: all 78.46% · promoters 99.85% · institutions 0.00% · other public 14.46%

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, 26 Sep 2020, 7 resolutions

Present: 5 promoters and 20 others.The company's voting result (opens in a new tab)

  1. Ordinary Resolution for considering and adopting the AuditednFinancial Statement of the Company for the Financial Year endednon 31 March, 2020 and the report of the Board of Directors andnAuditors thereon; and the Audited Consolidated FinancialnStatement of the Company for the Financial Year ended on 31nMarch, 2020 and the report of Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 85.09% · promoters 99.79% · institutions 0.00% · other public 43.66%

  2. Ordinary Resolution for re-Appointment of Mr. SandeepkumarnVishwanath Agrawal (DIN: 02566480) Director of the Company asndirector liable to retire by rotation.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 85.09% · promoters 99.79% · institutions 0.00% · other public 43.66%

  3. Special Resolution for regularization cum appointment of Mr.nAbhishek Sandeepkumar Agrawal (07613943) as an ExecutivenDirector of the Company.
    Special
    99.99% for0.01% against

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

    Turnout: all 85.09% · promoters 99.79% · institutions 0.00% · other public 43.66%

  4. Ordinary Resolution for appointment of Mr. Ajit Gyanchand Jainn(DIN07827804) as Non-Executive Independent Director of thenCompany.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 85.09% · promoters 99.79% · institutions 0.00% · other public 43.66%

  5. Special Resolution for revision in Remuneration payable to Mr.nSandeepkumar Vishwanath Agrawal (DIN 02566480), Chairman andnManaging Director of the Company
    Special
    99.99% for0.01% against

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

    Turnout: all 85.09% · promoters 99.79% · institutions 0.00% · other public 43.66%

  6. Special Resolution for revision in Remuneration payable to Mrs.nPoonam Sandeepkumar Agrawal (DIN 01712128), ExecutivenDirector of the Company.
    Special
    99.99% for0.01% against

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

    Turnout: all 85.09% · promoters 99.79% · institutions 0.00% · other public 43.66%

  7. Special Resolution for alteration of the Object Clause of thenMemorandum of Association of the Company
    Special
    0.00% for0.00% against

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

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

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.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeAppeal to the Commissioner of Income-tax (Appeals), AhmedabadSince 31 Mar 2022
    Appeal Filled withAppeal to the Commissioner of Income-tax Ahmedabad, on 17.04.2022 for the assesment year 2016-17 and is pending till date. The disputed Tax amount is Rs. 4,82,12,779
    At the filing before: No Changes as per the last quarter
  • Tax disputeAppeal to the Commissioner of Income-tax (Appeals), AhmedabadSince 31 Mar 2022
    Appeal Filled with Appeal to the Commissioner of Income-tax on 17.04.2022 for the assesment year 2017-18 and is pending till date. The disputed Tax amount is Rs. 16,06,34,987.
    At the filing before: No Changes as per the last quarter

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

None open at any 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
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.