Azad India Mobility MD, chairman, board of directors and AGM
NSE: AZADINDBSE: 504731Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹16.32, restated for the split or bonus that took effect that day.
- 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.
- ₹418 Cr1,784th 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 13 Aug 2026
- 135.6
- 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 29 May 2026
- 3.1
- 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 13 Aug 2026
- 3.3%
- 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 13 Aug 2026
- 1.8%
- 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 29 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 79,19863.3% delivered
Azad India Mobility 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 directorBupinder Singh Chadha
- Company Secretary and Compliance OfficerVEDANT BHATT
4 directors2 independent2 executive
- Bupinder Singh Chadha · Managing directorExecutive · joined Apr 2024 · reappointed May 2024 · 36 months as independent · 1 listed board · 2 committee seats
- Charnjit Singh ChadhaExecutive · joined Apr 2024 · reappointed May 2024 · 36 months as independent · 1 listed board · 1 committee seat
- Nitin Atmaram SarfareIndependent · joined Apr 2024 · reappointed May 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Sheetal Bhavin NagdaIndependent · joined Feb 2024 · reappointed May 2024 · 60 months as independent · 3 listed boards · 3 as independent · 3 committee seats
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
- Ramesh Chandra Pareek, left 29 May 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 2 Sep 20263 of 4 present2 independent · 7 days in between
- 25 Aug 20263 of 4 present2 independent · 11 days in between
- 13 Aug 20263 of 4 present2 independent · 75 days in between
- 29 May 20263 of 4 present2 independent
Audit Committee
Chair Nitin Atmaram Sarfare
Sheetal Bhavin Nagda, Bupinder Singh Chadha
- 13 Aug 20263 of 3 present2 independent · 75 days in between
- 29 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Nitin Atmaram Sarfare
Sheetal Bhavin Nagda, Bupinder Singh Chadha
- 25 Aug 20263 of 3 present2 independent · 87 days in between
- 29 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Nitin Atmaram Sarfare
Sheetal Bhavin Nagda, Bupinder Singh Chadha
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 Jun 2026.
- R BHARGAVA AND ASSOCIATESPeer-review certificate valid to Jul 2028
1 earlier auditor
- R . Bhargava & Associates, Chartered AccountantsNamed in the filing for the quarter to Mar 2025
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.
Azad India Mobility 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.Azad India Mobility share news and announcements
Annual general meeting, 28 Sep 2026
3,869 shareholders on the register on 21 Sep 2026; present: 1 promoter and 47 others; votes counted by JANKI BRAHMBHATT / JANKI & ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of Accounts, Report of the Auditors and Directors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Re-appointment of Director retiring by rotationOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Re-appointment of Statutory AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Approval of waiver for recovery of excess managerial remuneration paid to Mr. Bupinder Singh Chadha, Managing Director for the Financial Year 2025-26SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Approval of waiver for recovery of excess managerial remuneration paid to Mr. Charnjit Singh Chadha, Executive Director for the Financial Year 2025-26SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Sub- Division (Stock Split) Of Equity Shares Of the Company for Rs. 10/- (Rupees Ten Only) Each to Rs. 2/- (Rupees Two Only) EachOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Sub- Division (Stock Split) Of Equity Shares Of the Company for Rs. 10/- (Rupees Ten Only) Each to Rs. 2/-(Rupees Two Only) EachOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
- Approval for Alteration of the Capital Clause of the Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.06% · promoters 0.00% · institutions 0.00% · other public 22.52%
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
- 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.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesMay 2025 | 68.85 | For a combination of part funding of the capital expenditure, support growth plans of the Company, working capital requirements, repayment of loans, investments and general corporate purposes or any combination thereof to pursue the business | 68.85 | 22.74 | No |