Axis Solutions CEO, MD, chairman, board of directors and AGM
BSE: 511144Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹576.70.
- 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.
- ₹2,671 Cr1,478th 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 31 Jul 2026
- 85.8
- 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
- 18.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.11%
- 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 31 Jul 2026
- 23.9%
- 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 31 Jul 2026
- 20.8%
- 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
- 0.58
- Volume, BSEVolume. Shares traded on the last trading day.
- 541
Axis Solutions 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
- Managing directorBIJAL DINESHCHANDRA SANGHVI
- Chief executivePURVI BIJAL SANGHVI
- ChairpersonSHERRY BHAVESH SHAH
- Company Secretary and Compliance OfficerDipesh A. Panchal
7 directors3 independent3 executive1 non-executive
- BIJAL DINESHCHANDRA SANGHVI · Managing directorExecutive · joined Aug 2024 · 1 listed board
- PURVI BIJAL SANGHVI · Chief executiveExecutive · joined Aug 2024 · 1 listed board · 1 committee seat
- ANAND VINODCHANDRA SHAHExecutive · joined Aug 2024 · 1 listed board
- KORNAGATTIL KUTTA GUPTANIndependent · joined Nov 2024 · reappointed Nov 2025 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat
- DEEPAK PURSHOTTAMBHAI PRAJAPATIIndependent · joined Nov 2024 · reappointed Nov 2025 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- NIRALI PARTH SHAHIndependent · joined Nov 2024 · reappointed Nov 2025 · 22 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- SHERRY BHAVESH SHAH · ChairpersonNon-executive · joined Nov 2024 · 22 months as independent · 1 listed board · 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 31 Jul 20265 of 7 present2 independent · 70 days in between
- 21 May 20267 of 7 present3 independent
Audit Committee
Chair DEEPAK PURSHOTTAMBHAI PRAJAPATI
KORNAGATTIL KUTTA GUPTAN, NIRALI PARTH SHAH, SHERRY BHAVESH SHAH
- 31 Jul 20264 of 4 present3 independent · 70 days in between
- 21 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair DEEPAK PURSHOTTAMBHAI PRAJAPATI
NIRALI PARTH SHAH, SHERRY BHAVESH SHAH
- 31 Jul 20263 of 3 present2 independent · 70 days in between
- 21 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SHERRY BHAVESH SHAH
NIRALI PARTH SHAH, PURVI BIJAL SANGHVI
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair PURVI BIJAL SANGHVI
ANAND VINODCHANDRA SHAH, NIRALI PARTH SHAH
No meeting listed in the filing.
MANAGEMENT COMMITTEE
Chair BIJAL DINESHCHANDRA SANGHVI
PURVI BIJAL SANGHVI, ANAND VINODCHANDRA SHAH
- 15 Sep 20263 of 3 present0 independent · 38 days in between
- 7 Aug 20263 of 3 present0 independent · 64 days in between
- 3 Jun 20263 of 3 present0 independent · 43 days in between
- 20 Apr 20263 of 3 present0 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 Chandabhoy & JassobhoyPeer-review certificate valid to Nov 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.
Axis 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.Axis Solutions dividend history
Annual general meeting, 19 Sep 2026
3,564 shareholders on the register on 12 Sep 2026; present: 5 promoters and 33 others; votes counted by Mr. Utkarsh Shah / M/s. Utkarsh Shah & Co.,.The company's voting result (opens in a new tab)
1. To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, and reports of the Board of Directors and Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026, and the report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 88.42% · promoters 100.00% · institutions 0.00% · other public 22.03%
- 2. To declare a final dividend of Rs. 0.60 (Rupees sixty paisa) per equity share for the Financial Year ended 31st March, 2026.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.73%
Turnout: all 88.42% · promoters 100.00% · institutions 0.00% · other public 22.03%
- 3. To appoint a Director in place of Mr. Anand Shah (DIN: 09567072), who retires by rotation and being eligible, offers his candidature for re-appointmentOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 88.42% · promoters 100.00% · institutions 0.00% · other public 22.03%
- 4. Re-appointment of M/s. Chandabhoy & Jassoobhoy, Chartered Accountants (Firm Registration No. 101648W) as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 88.42% · promoters 100.00% · institutions 0.00% · other public 22.03%
- 5. Re-appointment of M/s. Utkarsh Shah & Co., Company Secretaries (Firm Registration No.S2022GJ889900) as Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 88.42% · promoters 100.00% · institutions 0.00% · other public 22.03%
- 6. Ratification of Remuneration payable to Cost Auditor for FY 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 88.42% · promoters 100.00% · institutions 0.00% · other public 22.03%
- 7. Revision in Remuneration of Mr. Bijal Sanghvi (DIN-01988242), Managing Director of the Company:SpecialPromoters have an interest in it99.87% for0.13% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 2.78% · promoters 0.00% · institutions 0.00% · other public 22.03%
- 8. Revision in Remuneration of Mrs. Purvi Sanghvi (DIN-01932029), Executive Director & CEO of the CompanySpecialPromoters have an interest in it99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 2.78% · promoters 0.00% · institutions 0.00% · other public 22.03%
- 9. Revision in Remuneration of Mr. Anand Shah (DIN-09567072), Executive Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 88.06% · promoters 100.00% · institutions 0.00% · other public 19.18%
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
- 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.