Avana Electrosystems MD, chairman, board of directors and AGM
NSE: AVANAElectrical Equipment
Share price at the NSE close on 23 Oct 2026. Previous close ₹161.55.
- Under NSE's short-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹364 Cr
- 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 21 May 2026
- 31.1
- 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 21 May 2026
- 6.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Jan 2026
- 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 latest balance sheet's; the one a year before is not on record. The filing of 21 May 2026
- 19.8%
- 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 21 May 2026
- 0.01
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 24,00083.3% delivered
Avana Electrosystems board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
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.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Vasanth & Co, Chartered AccountantsPeer-review certificate valid to Aug 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.
Avana Electrosystems 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.Avana Electrosystems share news and announcements
Annual general meeting, 28 Sep 2026
538 shareholders on the register on 21 Sep 2026; present: 8 promoters and 2 others; votes counted by Karthik / Karthik Supreeta & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited standalone financial statements of the Company for the financial year ended 31st March, 2026, including the Audited Balance Sheet as at 31st March 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date, the reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
- To appoint a Director in the place of Mr. Gururaj Dambal (DIN:03099402) who retires by rotation and 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 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
- Appointment of Secretarial AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
- Approval for Revising / Increasing the Managerial Remuneration drawn by Mr. Panish A, Managing Director (DIN: 00288112) of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
- Approval for Revising / Increasing the Managerial Remuneration drawn by Mr. K N Sreenath, Whole Time Director (Designated as an Executive Director - DIN: 03099421) of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
- Approval for Revising / Increasing the Managerial Remuneration drawn by Mr. Gururaj Dambal, Whole Time Director (DIN: 03099402) of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
- Approval for Revising / Increasing the Managerial Remuneration drawn by Mr. Vinod Kumar S, Whole Time Director (DIN: 03115822) of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 100.00% · institutions 18.46% · other public 1.25%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeGoods and Services Tax DepartmentSince 29 Sep 2026The Company has submitted its reply to the Show Cause Notice before the Joint Commissioner of Commercial Tax, DGSTO-06, Peenya, Bengaluru. The matter is pending for adjudication.At the filing before: Show Cause Notice in Form GST DRC-01 issued on 29-Sep-2026 in respect of FY 2022–23.
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 filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesJan 2026 | 35.22 | Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | 11.55 | 2.76 | No |
| Public IssuesJan 2026 | 35.22 | To meet Working Capital requirements of the Company | 8.60 | 1.23 | No |
| Public IssuesJan 2026 | 35.22 | General Corporate Purposes | 4.57 | 0.00 | No |
| Public IssuesJan 2026 | 35.22 | Issue Expenses | 5.81 | 5.51 | No |