Balgopal Commercial MD, chairman, board of directors and AGM
BSE: 539834Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹166.00.
- 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.
- ₹364 Cr2,090th 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.
- Lossover the last 12 months
- 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.
- Shares changed
- 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 11 Aug 2026
- −9.5%
- 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 11 Aug 2026
- −3.4%
- 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 22 May 2026
- 0.07
- Volume, BSEVolume. Shares traded on the last trading day.
- 30
Balgopal Commercial 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 directorVIJAY LALTAPRASAD YADAVRelated to the promoter
- Company Secretary and Compliance OfficerANKIT LADHA
4 directors2 independent1 executive1 non-executive
- VIJAY LALTAPRASAD YADAV · Chairperson and managing directorExecutive · joined Nov 2020 · reappointed Nov 2025 · 1 listed board
- NAVANEET LAL DAMANINon-executive · joined Nov 2024 · 1 listed board · 2 committee seats
- SHAILESH BECHARBHAI PATELIndependent · joined Jul 2019 · reappointed Jul 2024 · 60 months as independent · 2 listed boards · 1 as independent · 2 committee seats, 2 as chair
- RASHMI BIHANIIndependent · joined Feb 2026 · 60 months as independent · 5 listed boards · 5 as independent · 7 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.
2 directors who left
- SHRENA KALPESH SHAH, left 12 Feb 2026: Others
- YASH SARAOGI, left 13 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 6 Jun 20264 of 4 present2 independent · 14 days in between
- 22 May 20264 of 4 present2 independent · 61 days in between
- 21 Mar 20264 of 4 present2 independent · 14 days in between
- 6 Mar 20264 of 4 present2 independent · 13 days in between
3 earlier meetings
- 20 Feb 20264 of 4 present2 independent · 7 days in between
- 12 Feb 20264 of 4 present2 independent · 21 days in between
- 21 Jan 20264 of 4 present2 independent
Audit Committee
Chair SHAILESH BECHARBHAI PATEL
NAVANEET LAL DAMANI, RASHMI BIHANI
- 6 Jun 20263 of 3 present2 independent · 14 days in between
- 22 May 20263 of 3 present2 independent · 61 days in between
- 21 Mar 20263 of 3 present2 independent · 14 days in between
- 6 Mar 20263 of 3 present2 independent · 13 days in between
3 earlier meetings
- 20 Feb 20263 of 3 present2 independent · 7 days in between
- 12 Feb 20263 of 3 present2 independent · 21 days in between
- 21 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHAILESH BECHARBHAI PATEL
NAVANEET LAL DAMANI, RASHMI BIHANI
- 21 Mar 20263 of 3 present2 independent · 14 days in between
- 6 Mar 20263 of 3 present2 independent · 21 days in between
- 12 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SHAILESH BECHARBHAI PATEL
NAVANEET LAL DAMANI, RASHMI BIHANI
- 22 May 20263 of 3 present2 independent · 98 days in between
- 12 Feb 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 Mar 2026.
- ARVIND BAID AND ASSOCIATESPeer-review certificate valid to Feb 2027
1 earlier auditor
- Arvind Baid & AssociatesNamed 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.
Balgopal Commercial 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.Balgopal Commercial share news and announcements
Annual general meeting, 30 Sep 2026
1,455 shareholders on the register on 23 Sep 2026; present: 0 promoters and 17 others; votes counted by Nitesh Chaudhary / Nitesh Chaudhary & Associates.The company's voting result (opens in a new tab)
- Adoption of Audited (standalone and consolidated) Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Re-appointment of Mr. Navaneet Lal Damani (DIN: 02904305), liable to retire by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Appointment of Mr. Amit Bharat Agrawal (DIN: 10729588) as Independent Non- Executive Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Appointment of Mr. Prakash Shyamsundar Modi (DIN: 02394585) as Independent Non- Executive DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Appointment of Mr. Premkumar Pawankumar Goyal (DIN: 01908812) as Non-Executive DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Approval for Material Related Party Transaction(s) with Prompt Vanijya LLP.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Approval for Material Related Party Transaction(s) with Basudev Dealers LLPOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Approval of Material Related Party Transaction(s) with Intellect Infra Equipments Private Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Approval of Material Related Party Transaction(s) with Dreamax Developers Private Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Change of Name of the Company from `Balgopal Commercial Limited` to `Dreamax Enterprises Limited` and consequential alteration of the Memorandum and Articles of Association.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
- Increase in Authorized Share Capital of the Company and Consequent Alteration of Capital Clause of the Memorandum of Association.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.78% · promoters 0.00% · institutions 0.00% · other public 12.96%
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, 27 Aug 2026, 1 resolution
1,447 shareholders on the register on 24 Jul 2026; votes counted by NITESH CHAUDHARY / NITESH CHAUDHARY & ASSOCIATES.The company's voting result (opens in a new tab)
- ALTERATION OF THE MAIN OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 29.84% · promoters 36.31% · institutions 0.00% · other public 21.80%
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 Jun 2026.
- Tax disputeINCOME TAX DEPARTMENTSince 16 Feb 2024PENDING
- Tax disputeINCOME TAX DEPARTMENTSince 10 Aug 2021PENDING
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 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
- Yes
- There was a cyber security incident in the quarter
- Yes
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. 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 IssuesJun 2026 | 10.52 | To acquire/ make investments in similar line of business activity, meeting long term funding requirements of the Company, working capital and general corporate purposes in order to support the future growth plan of the Company. | 10.52 | 10.52 | No |