Advance Metering Technology logo

Advance Metering Technology MD, chairman, board of directors and AGM

BSE: 534612PowerSmall Cap

Last close ₹15.25down ₹0.18 (1.17%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹15.43.

52-week range of traded prices to 23 Oct 2026
₹12.00Low, 17 Mar 2026₹26.00High, 29 Dec 2025
Market cap
₹24 Cr3,806th largest listed
P/E
Lossover the last 12 months
P/B
0.3
Dividend yield
Nonein the last 12 months
ROE
−12.0%
ROCE
−18.9%
Debt to equity
0.19
Volume, BSE
1,910

Advance Metering Technology 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

  • Managing directorPrashant Ranade
  • ChairpersonAmeeta Ranade
  • Company Secretary and Compliance OfficerALOK KUMAR PANDEY

6 directors3 independent2 executive1 non-executive

  • Prashant Ranade · Managing directorExecutive · joined Jul 2011 · reappointed Nov 2023 · 1 listed board · 2 committee seats
  • Ameeta Ranade · ChairpersonNon-executive · joined Aug 2021 · 1 listed board
  • Natasha Tara RanadeExecutive · joined Apr 2026 · 1 listed board · 1 committee seat
  • Anil Kumar RustogiIndependent · joined Jun 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Roopali MittalIndependent · joined Nov 2023 · 60 months as independent · 1 listed board · 1 as independent
  • Aman MarodiaIndependent · joined May 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat

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.

2 directors who left
  • Pranav Kumar Ranade, left 13 Apr 2026: Others
  • PRIYA SOMAIYA, left 4 May 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 29 May 20266 of 6 present3 independent · 31 days in between
    • 27 Apr 20265 of 5 present3 independent · 18 days in between
    • 8 Apr 20266 of 6 present3 independent · 54 days in between
    • 12 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair Anil Kumar Rustogi

    Prashant Ranade, Aman Marodia

    • 29 May 20263 of 3 present2 independent
    • 27 Apr 20263 of 3 present2 independent
    • 8 Apr 20263 of 3 present2 independent · 11 days in between
    • 12 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Anil Kumar Rustogi

    Roopali Mittal, Aman Marodia

    • 27 Apr 20263 of 3 present3 independent
    • 27 Mar 20263 of 3 present3 independent · 42 days in between
  • Stakeholders Relationship Committee

    Chair Anil Kumar Rustogi

    Prashant Ranade, Natasha Tara Ranade

    • 27 Mar 20263 of 3 present1 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.

  • GSA & ASSOCIATES LLPPeer-review certificate valid to Feb 2027

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 Metering Technology 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 Metering Technology share news and announcements

Annual general meeting, 8 Sep 2026

12,622 shareholders on the register on 1 Sep 2026; present: 3 promoters and 119 others; votes counted by Navneet Arora / Navneet K Arora & Co LLP.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereonMoreLess
    Ordinary
    97.35% for2.65% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 23.46% · promoters 31.93% · other public 8.69%

  2. Appointment of Mrs. Ameeta Ranade (DIN: 00006019) who retires by rotation at this Annual General Meeting, being eligible, offers herself for re-appointment
    Ordinary
    94.51% for5.49% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 11.34% · promoters 12.86% · other public 8.69%

  3. Appointment of M/s GSA & Associates LLP, Chartered Accountants as a Statutory Auditors of the Company.
    Ordinary
    97.35% for2.65% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 23.46% · promoters 31.93% · other public 8.69%

  4. Appointment of Mrs. Ameeta Ranade (DIN: 00006019) as Non-Executive Director of the Company.
    Special
    94.51% for5.49% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 11.34% · promoters 12.86% · other public 8.69%

  5. To approve giving loan or guarantee or providing security under Section 185 of the Companies Act, 2013.
    SpecialPromoters have an interest in it
    80.33% for19.67% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 3.17% · promoters 0.00% · other public 8.69%

  6. To approve making investments, give loans, guarantees and security in excess of limit specified under Section 186 of the Companies Act, 2013
    SpecialPromoters have an interest in it
    80.33% for19.67% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 3.17% · promoters 0.00% · other public 8.69%

  7. To approve the Material Related Party Transactions with Industrial Solutions Corporation LLP
    OrdinaryPromoters have an interest in it
    80.33% for19.67% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 3.17% · promoters 0.00% · other public 8.69%

  8. To Increase the Remuneration of Managing Director of the Company within the specified limit
    Special
    95.93% for4.07% against

    Against: promoters 0.00% · other public 19.67%

    Turnout: all 15.29% · promoters 19.07% · other public 8.69%

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

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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.