Arisinfra Solutions MD, chairman, board of directors and AGM
NSE: ARISBSE: 544419Other Construction MaterialsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹134.81.
- 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.
- ₹1,070 Cr1,516th 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 5 Aug 2026
- 16.1
- 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 28 Jul 2026
- 1.4
- 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 5 Aug 2026
- 13.7%
- 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 5 Aug 2026
- 13.4%
- 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 28 Jul 2026
- 0.07
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,51,02937.2% delivered
Arisinfra Solutions 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 directorRONAK KISHOR MORBIARelated to the promoter
- Company Secretary and Compliance OfficerLATESH SHAILESH SHAH
6 directors3 independent2 executive1 non-executive
- RONAK KISHOR MORBIA · Chairperson and managing directorExecutive · joined Feb 2021 · 1 listed board · 1 committee seat
- BHAVIK JAYESH KHARAExecutive · joined Mar 2021 · 1 listed board · 2 committee seats
- SIDDHARTH BHASKAR SHAHNon-executive · joined Sep 2025 · 1 listed board
- RENGANATHAN BASHYAMIndependent · joined Sep 2025 · reappointed Sep 2025 · 10 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- RAMAKANT SHARMAIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent
- GITANJALI RIKESH MIRCHANDANIIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 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.
2 directors who left
- RAVI VENKATRAMAN, left 14 Jan 2026: Others
- MANISH KUMAR SINGH, left 17 Dec 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 15 May 20265 of 6 present3 independent · 6 days in between
- 8 May 20265 of 6 present2 independent · 50 days in between
- 18 Mar 20265 of 6 present2 independent · 46 days in between
- 30 Jan 20265 of 6 present2 independent · 10 days in between
1 earlier meeting
- 19 Jan 20265 of 6 present2 independent
Audit Committee
Chair RENGANATHAN BASHYAM
GITANJALI RIKESH MIRCHANDANI, BHAVIK JAYESH KHARA
- 15 May 20262 of 3 present2 independent · 6 days in between
- 8 May 20263 of 3 present2 independent · 50 days in between
- 18 Mar 20263 of 3 present2 independent · 46 days in between
- 30 Jan 20263 of 3 present2 independent · 10 days in between
1 earlier meeting
- 19 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair GITANJALI RIKESH MIRCHANDANI
RENGANATHAN BASHYAM, SIDDHARTH BHASKAR SHAH
- 8 May 20262 of 3 present1 independent · 97 days in between
- 30 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair GITANJALI RIKESH MIRCHANDANI
BHAVIK JAYESH KHARA, RONAK KISHOR MORBIA
- 30 Jan 20263 of 3 present1 independent
Risk Management Committee
Chair GITANJALI RIKESH MIRCHANDANI
RONAK KISHOR MORBIA, RENGANATHAN BASHYAM
- 30 Jan 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair BHAVIK JAYESH KHARA
RONAK KISHOR MORBIA, GITANJALI RIKESH MIRCHANDANI
- 30 Jan 20263 of 3 present1 independent
IPO Committee
Chair RONAK KISHOR MORBIA
BHAVIK JAYESH KHARA, RENGANATHAN BASHYAM
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.
- Price Waterhouse Chartered Accountants LLPPeer-review certificate valid to Nov 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.
Arisinfra Solutions 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.Arisinfra Solutions share news and announcements
Annual general meeting, 31 Jul 2026
33,237 shareholders on the register on 24 Jul 2026; present: 17 promoters and 30 others; votes counted by Dhrumil M. Shah / M/s. Dhrumil M. Shah & Co. LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To re-appoint Mr. Bhavik Jayesh Khara (DIN: 09095925) as Director liable to retire by rotation, being eligible offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To appoint M/s. M S K C & Associates LLP, Chartered Accountants, (Firm Registration No.: 001595S/S000168) as the Statutory Auditors of the Company and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To increase the borrowing limits under Section 180(1)(c) of the Companies Act, 2013 for an aggregate amount not exceeding ₹ 2,000 Crores outstanding at any point in time.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
To approve authorization to sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking of the company or to create charge/ lien/ pledge over assets of the company under Section 180(1)(a) of the Companies Act, 2013 to secure the borrowings of the company up to limits as approved under Section 180(1)(c) of the Companies Act, 2013.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To enhance the limits to advance any loan or give guarantee or provide security under Section 185 of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
To approve increase in the limits of Inter Corporate Loan, Investment, Guarantee and Security under Section 186 of the Companies Act, 2013 for an aggregate amount not exceeding ₹ 2,000 Crores outstanding at any point in time.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To approve Material Related Party Transactions with Buildmex-Infra Private Limited, Subsidiary of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 27.15% · promoters 0.00% · institutions 89.00% · other public 41.28%
- To approve revision in remuneration payable to Mr. Ronak Kishor Morbia (DIN: 09062500), Chairman & Managing Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To approve revision in remuneration payable to Mr. Bhavik Jayesh Khara (DIN: 09095925), Whole Time Director & CFO of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 99.37% · institutions 89.00% · other public 41.28%
- To consider and approve the payment of remuneration to the Non-Executive Directors including the Independent Directors of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.49% · promoters 99.37% · institutions 89.00% · other public 41.28%
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
- 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.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount |
|---|---|---|---|---|---|---|
| Public IssuesJun 2025, checked by ICRA Limited | 499.56 | Repayment / prepayment, in full or part, of certain outstanding borrowings availed by the Company | 204.60 | 203.19 | No | |
| Public IssuesJun 2025, checked by ICRA Limited | 499.56 | Funding the working capital requirement of the Company | 177.00 | 176.97 | No | |
| Public IssuesJun 2025, checked by ICRA Limited | 499.56 | Investment in subsidiary, Buildmex-Infra Private Limited, for funding its working capital requirement | 48.00 | 48.00 | No | |
| Public IssuesJun 2025, checked by ICRA Limited | 499.56 | General Corporate Purposes and unidentified inorganic acquisitions | 47.67 | 47.67 | No | 1.16 |
| Public IssuesJun 2025, checked by ICRA Limited | 499.56 | Share Issue Expenses | 22.32 | 21.74 | No |