Aro Granite Industries logo

Aro Granite Industries MD, chairman, board of directors and AGM

NSE: AROGRANITEBSE: 513729Consumer DurablesSmall Cap

Last close ₹22.45down ₹0.41 (1.79%)BSE ₹22.56

Share price at the NSE close on 23 Oct 2026. Previous close ₹22.86.

52-week range of traded prices to 23 Oct 2026
₹18.67Low, 30 Mar 2026₹39.70High, 24 Oct 2025
Market cap
₹34 Cr3,608th largest listed
P/E
Lossover the last 12 months
P/B
0.2
Dividend yield
Nonein the last 12 months
ROE
−10.7%
ROCE
−5.1%
Debt to equity
0.87
Volume, NSE
7,31063.3% delivered

Aro Granite Industries 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

  • ChairpersonSUNIL KUMAR ARORA
  • Company Secretary and Compliance OfficerAYUSH GOEL

6 directors3 independent2 executive1 non-executive

  • SUNIL KUMAR ARORA · ChairpersonExecutive · joined May 1988 · reappointed Apr 2024 · 1 listed board · 2 committee seats
  • SUJATA ARORANon-executive · joined Mar 2006 · 1 listed board
  • SAHIL ARORAExecutive · joined Oct 2017 · reappointed Nov 2023 · 1 listed board
  • KESHAVA MURTHY KALASACHARIndependent · joined Jul 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • ASHISH JYOTINDRA BHUTAIndependent · joined Jul 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • VARATHAN ARULIndependent · joined Feb 2026 · 7 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.

1 director who left
  • G SUNDARESHWARA, left 11 Nov 2025: Others

Committees and meetings

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

  • Board

    • 7 Sep 20266 of 6 present3 independent · 30 days in between
    • 7 Aug 20266 of 6 present3 independent · 41 days in between
    • 26 Jun 20265 of 6 present3 independent · 41 days in between
    • 15 May 20266 of 6 present3 independent

  • Audit Committee

    Chair KESHAVA MURTHY KALASACHAR

    ASHISH JYOTINDRA BHUTA, VARATHAN ARUL, SUNIL KUMAR ARORA

    • 7 Sep 20264 of 4 present3 independent · 30 days in between
    • 7 Aug 20264 of 4 present3 independent · 83 days in between
    • 15 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair KESHAVA MURTHY KALASACHAR

    VARATHAN ARUL, ASHISH JYOTINDRA BHUTA

    • 7 Aug 20263 of 3 present3 independent
    • 15 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair ASHISH JYOTINDRA BHUTA

    SUNIL KUMAR ARORA, KESHAVA MURTHY KALASACHAR

    • 15 May 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 Jun 2026.

  • M/S ALOK MITTAL AND ASSOCIATESPeer-review certificate valid to Sep 2027
1 earlier auditor
  • M/S ALOK MITTAL & ASSOCIATESNamed in the filing for the quarter to Mar 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.

Aro Granite Industries 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.Aro Granite Industries dividend history

Postal ballot, 20 Oct 2026

11,684 shareholders on the register on 11 Sep 2026; votes counted by SABYASACHI PANIGRAHI / M/s S PANIGRAHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval under Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A of the SEBI (Listing Obligations and Disclosure Requirements), 2015 for Slump Sale of the Jaipur Unit.
    SpecialPromoters have an interest in it
    98.49% for1.51% against

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

    Turnout: all 4.27% · promoters 0.00% · institutions 0.00% · other public 7.24%

  2. Approval of Related Party Transaction with Aro Granite International INC. USA
    OrdinaryPromoters have an interest in it
    98.49% for1.51% against

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

    Turnout: all 4.27% · promoters 0.00% · institutions 0.00% · other public 7.24%

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, 11 Sep 2026, 7 resolutions

11,700 shareholders on the register on 4 Sep 2026; present: 4 promoters and 75 others; votes counted by SABYASACHI PANIGRAHI / M/s S PANIGRAHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March 2026
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 43.92% · promoters 99.96% · institutions 0.00% · other public 4.85%

  2. Appointment of Mrs. Sujata Arora (DIN 00112866) Director who retires by rotation and being eligible offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 43.92% · promoters 99.96% · institutions 0.00% · other public 4.85%

  3. Re-appointment of Mr. Sunil Kumar Arora (DIN 00150668) as Managing Director of the Company for a further period of three years w.e.f. April 1, 2027
    SpecialPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 43.92% · promoters 99.96% · institutions 0.00% · other public 4.85%

  4. Re-appointment of Mr. Sahil Arora (DIN 07970622) as Whole-Time Director of the Company for a further period of three years w.e.f. November 1, 2026.
    SpecialPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 43.92% · promoters 99.96% · institutions 0.00% · other public 4.85%

  5. Approval of Related Party Transaction for borrowing / availing unsecured loans from Mrs. Sujata Arora (DIN 00112866) Director and promoter of the Company.
    OrdinaryPromoters have an interest in it
    98.07% for1.93% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.93%

    Turnout: all 2.88% · promoters 0.00% · institutions 0.00% · other public 4.88%

  6. Approval of Related Party Transaction for borrowing / availing unsecured loans from Mr. Sahil Arora (DIN 07970622) Whole-Time Director and promoter of the Company.
    OrdinaryPromoters have an interest in it
    98.07% for1.93% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.93%

    Turnout: all 2.88% · promoters 0.00% · institutions 0.00% · other public 4.88%

  7. Approval of Related Party Transaction for borrowing / availing unsecured loans from Mr. Sunil Kumar Arora (DIN 00150668) Managing Director and promoter of the Company.
    OrdinaryPromoters have an interest in it
    98.07% for1.93% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.93%

    Turnout: all 2.88% · promoters 0.00% · institutions 0.00% · other public 4.88%

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, 24 Mar 2026, 1 resolution

12,205 shareholders on the register on 13 Feb 2026; votes counted by SABYASACHI PANIGRAHI / M/s S PANIGRAHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Varathan Arul (DIN: 11480624) as an Independent Director (Non-Executive) of the Company not liable to retire by rotation for the period of 5 years.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 42.64% · promoters 96.94% · institutions 0.00% · other public 4.78%

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, 12 Sep 2025, 3 resolutions

12,548 shareholders on the register on 5 Sep 2025; present: 5 promoters and 77 others; votes counted by SABYASACHI PANIGRAHI / M/s S PANIGRAHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March 2025
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 43.74% · promoters 99.91% · institutions 0.00% · other public 4.57%

  2. Appointment of Mrs. Sujata Arora (DIN 00112866) Director who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 39.83% · promoters 90.39% · institutions 0.00% · other public 4.57%

  3. Appointment of M/s S Panigrahi & Associates, Company Secretaries as the Secretarial Auditor of the Company for a consecutive period of Five years.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 43.74% · promoters 99.91% · institutions 0.00% · other public 4.57%

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, 18 Sep 2024, 4 resolutions

Present: 5 promoters and 94 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March 2024
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 43.22% · promoters 99.91% · institutions 0.00% · other public 3.71%

  2. Appointment of Smt. Sujata Arora (DIN 00112866) Director who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 39.31% · promoters 90.39% · institutions 0.00% · other public 3.71%

  3. Appointment of Shri Keshava Murthy Kalasachar (DIN:10694491) as the Independent Director (Non-Executive) of the Company not liable to retire by rotation for the period of 5 years
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 43.22% · promoters 99.91% · institutions 0.00% · other public 3.71%

  4. Appointment of Shri Ashish Jyotindra Bhuta (DIN: 02149827) as the Independent Director (Non-Executive) of the Company not liable to retire by rotation for the period of 5 years.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 43.22% · promoters 99.91% · institutions 0.00% · other public 3.71%

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, 8 Sep 2023, 5 resolutions

Present: 5 promoters and 88 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the year ended 31st March 2023
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 44.49% · promoters 99.96% · institutions 0.00% · other public 5.84%

  2. Appointment of Smt. Sujata Arora (DIN 00112866) Director who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 44.49% · promoters 99.96% · institutions 0.00% · other public 5.84%

  3. Re-appointment of Shri Sunil Kumar Arora (DIN 00150668) as the Managing Director of the Company for further period of three years
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 44.49% · promoters 99.96% · institutions 0.00% · other public 5.84%

  4. Re-appointment of Shri Sahil Arora (DIN 07970622) as the Whole Time Director of the Company for further period of three years
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 44.49% · promoters 99.96% · institutions 0.00% · other public 5.84%

  5. Adoption of New Articles of Association of the Company in substitution of existing Articles of Association of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 44.49% · promoters 99.96% · institutions 0.00% · other public 5.84%

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 Aug 2022, 5 resolutions

Present: 5 promoters and 83 others.The company's voting result (opens in a new tab)

  1. Consideration and adoption of Audited Financial Statements of the Company for the financial year ended 31st March 2022 the Reports of the Board of Directors and Auditors thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 44.36% · promoters 99.96% · institutions 0.00% · other public 5.62%

  2. Appointment of Smt. Sujata Arora (DIN 00112866) as the Director of the Company who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.56%

    Turnout: all 44.36% · promoters 99.96% · institutions 0.00% · other public 5.62%

  3. Appointment of M/s Alok Mittal & Associates as the Statutory Auditors of the Company for a period of five years
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 44.36% · promoters 99.96% · institutions 0.00% · other public 5.62%

  4. Re appointment of Shri Sundareshwara G Sastry (DIN00165762) as the Non Executive Independent Director of the Company for a further period of five years
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 44.36% · promoters 99.96% · institutions 0.00% · other public 5.62%

  5. Approval of material related party transactions
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 44.36% · promoters 99.96% · institutions 0.00% · other public 5.62%

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, 4 resolutions

Present: 5 promoters and 88 others.The company's voting result (opens in a new tab)

  1. Consideration and adoption of Audited Financial Statements of the Company for the financial year ended 31st March 2021 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 44.43% · promoters 99.96% · institutions 0.00% · other public 5.73%

  2. Appointment of Smt. Sujata Arora (DIN 00112866) who retired by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.70%

    Turnout: all 44.43% · promoters 99.96% · institutions 0.00% · other public 5.73%

  3. Re-appointment of Shri Sunil Kumar Arora (DIN 00150668) as the Managing Director of the Company
    SpecialPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.70%

    Turnout: all 44.43% · promoters 99.96% · institutions 0.00% · other public 5.73%

  4. Re-appointmemt of Shri Sahil Arora (DIN 07970622) as the Whiole 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 0.70%

    Turnout: all 44.43% · promoters 99.96% · institutions 0.00% · other public 5.73%

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
No
The company has a risk management committee
No
The chair is related to the managing director
No
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.