BSEL Algo logo

BSEL Algo MD, chairman, board of directors and AGM

BSE: 532123FinanceSmall Cap

Formerly BSEL Information Systems
Last close ₹3.24down ₹0.22 (6.36%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹3.46.

52-week range of traded prices to 23 Oct 2026
₹3.06Low, 23 Oct 2026₹6.75High, 4 Nov 2025
Market cap
₹28 Cr3,576th largest listed
P/E
Lossover the last 12 months
P/B
0.1
Dividend yield
Nonein the last 12 months
ROE
−7.2%
ROCE
−7.8%
Debt to equity
0.00
Volume, BSE
2,03,137

BSEL Algo 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 directorMOHIT KISHOR JAINRelated to the promoter
  • Company Secretary and Compliance OfficerKhushbu Krunal Desai

6 directors3 independent2 executive1 non-executive

  • MOHIT KISHOR JAIN · Chairperson and managing directorExecutive · joined Aug 2025 · reappointed Aug 2025 · 1 listed board · 2 committee seats
  • DEEPA KRUSHNAKANT JANIIndependent · joined Sep 2019 · reappointed Sep 2024 · 81 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • ASHISH VIDYASAGAR DUBENon-executive · joined Nov 2022 · reappointed Sep 2025 · 1 listed board
  • REENA VIMAL SHAHIndependent · joined Nov 2022 · reappointed Nov 2022 · 43 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • ANAMIKA JEEVAN KAMBLEExecutive · joined Jan 2023 · reappointed Jul 2024 · 1 listed board
  • ARCHANA DINESH WARADEIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat, 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.

1 director who left
  • SANTOSH SAMBHU TAMBE, left 4 Aug 2025: Others

Committees and meetings

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

  • Board

    • 28 May 20266 of 6 present3 independent · 102 days in between
    • 14 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair ARCHANA DINESH WARADE

    REENA VIMAL SHAH, DEEPA KRUSHNAKANT JANI, MOHIT KISHOR JAIN

    • 28 May 20264 of 4 present3 independent · 102 days in between
    • 14 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair ARCHANA DINESH WARADE

    REENA VIMAL SHAH, DEEPA KRUSHNAKANT JANI

    • 14 Feb 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair REENA VIMAL SHAH

    DEEPA KRUSHNAKANT JANI, MOHIT KISHOR JAIN

    • 14 Feb 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair MOHIT KISHOR JAIN

    REENA VIMAL SHAH, DEEPA KRUSHNAKANT JANI

    • 28 May 20263 of 3 present2 independent · 102 days in between
    • 14 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.

  • Gada Chheda & Co LLPPeer-review certificate valid to Feb 2029

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.

BSEL Algo 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.BSEL Algo dividend history

Annual general meeting, 28 Sep 2026

62,345 shareholders on the register on 18 Sep 2025; present: 8 promoters and 69 others; votes counted by Sunita Dube / Sunita Dube & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors' and Auditors' thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 20.35% · promoters 99.60% · institutions 0.00% · other public 0.02%

  2. To appoint a Director in place of Ms. Anamika Jeevan Kamble (DIN: 09824238), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 20.35% · promoters 99.60% · institutions 0.00% · other public 0.02%

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, 25 Sep 2020, 4 resolutions

Present: 11 promoters and 19 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Balance Sheet, Statement of Profit and Loss with the Report of Board of Directors and the Auditors thereon for the financial year ended March 31, 2020
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  2. To Re-appoint Mr. Kiritkumar Kanakiya (DIN 00266631) a Director liable to retire by rotation, seek re-appointment as the Director of the Company.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  3. To Appoint M/s. Gada Chheda & Co. LLP, Chartered Accountants (FRN: W100059), Mumbai, as Statutory Auditors of the Company for the period from 1st April, 2020 till 31st March, 2025 to hold office till the conclusion of Annual General Meeting of the members of the Company.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  4. To Regularize Additional Independent Director, Mr. Vipul Narendrabhai Chauhan (DIN:01241021) by appointing him as Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

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, 28 Sep 2018, 3 resolutions

Present: 12 promoters and 26 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited, Standalone and Consolidated, Financial Statements for financial year ended 31st March, 2018 and Auditors' and Directors' Report
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. Re-appointment of Shri. Kirit Kankiya, Director of the Company, who retired by rotation, and being eligible, has offered himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. Appointment of M/s. Deepak Vekaria & Associates, Chartered Accountants, as the Statutory Auditors of the Company for financial year ending 31st March, 2019
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.