Chavda Infra MD, chairman, board of directors and AGM
NSE: CHAVDAConstruction
Share price at the NSE close on 23 Oct 2026. Previous close ₹50.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹310 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.
- No recent results
- 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.
- No recent results
- 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
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 20,000100.0% delivered
Chavda Infra board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorMAHESH GUNVANTLAL CHAVDA
6 directors3 independent3 executive
- JOHIL MAHESHBHAI CHAVDAExecutive · joined Oct 2012 · 1 listed board · 1 committee seat
- MAHESH GUNVANTLAL CHAVDA · Chairperson and managing directorExecutive · joined Oct 2012 · 1 listed board · 1 committee seat
- DARSHIL HEMENDRAKUMAR SHAHIndependent · joined May 2023 · reappointed May 2023 · 37 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 4 as chair
- ARPIT TIWARIIndependent · joined Mar 2026 · reappointed Mar 2026 · 3 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- DHARMISTHA MAHESHKUMAR CHAVDAExecutive · joined Mar 2013 · 1 listed board · 1 committee seat
- DRASHTI LAXMIKANT SOLANKIIndependent · joined Jun 2023 · reappointed Jun 2023 · 36 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 2 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
- 11 Jun 20266 of 6 present3 independent · 12 days in between
- 29 May 20266 of 6 present3 independent · 18 days in between
- 10 May 20266 of 6 present3 independent · 47 days in between
- 23 Mar 20265 of 5 present2 independent · 20 days in between
4 earlier meetings
- 2 Mar 20265 of 5 present2 independent · 1 day in between
- 28 Feb 20265 of 5 present2 independent · 36 days in between
- 22 Jan 20265 of 5 present2 independent · 15 days in between
- 6 Jan 20265 of 5 present2 independent
Audit Committee
Chair DARSHIL HEMENDRAKUMAR SHAH
DRASHTI LAXMIKANT SOLANKI, JOHIL MAHESHBHAI CHAVDA
- 29 May 20263 of 3 present3 independent · 61 days in between
- 28 Mar 20263 of 3 present2 independent · 80 days in between
- 6 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair DARSHIL HEMENDRAKUMAR SHAH
DRASHTI LAXMIKANT SOLANKI, ARPIT TIWARI
- 23 Mar 20263 of 3 present2 independent · 75 days in between
- 6 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair DARSHIL HEMENDRAKUMAR SHAH
DHARMISTHA MAHESHKUMAR CHAVDA, MAHESH GUNVANTLAL CHAVDA
- 23 Mar 20263 of 3 present1 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.
- M/s Talati and Talati LLPPeer-review certificate valid to Sep 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.
Chavda Infra 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.Chavda Infra share news and announcements
Annual general meeting, 29 Sep 2026
2,072 shareholders on the register on 22 Sep 2026; present: 5 promoters and 17 others; votes counted by BHARGAV VYAS / B. S. VYAS & 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 on March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary99.92% for0.08% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 68.07% · promoters 100.00% · institutions 0.00% · other public 28.85%
To appoint a Director in place of Mrs. Dharmishtha Maheshkumar Chavda (DIN: 06387566), Executive Director, who retires by rotation at this Annual General Meeting and, being eligible, offers herself for re-appointmentMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.01% · promoters 100.00% · institutions 0.00% · other public 28.73%
To approve the giving of loans, guarantees or security and the making of investments beyond the prescribed limits under Section 186 of the Companies Act, 2013 – up to an aggregate limit of Rs. 700 croreMoreLess
Special99.92% for0.08% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 68.07% · promoters 100.00% · institutions 0.00% · other public 28.85%
- To ratify the remuneration payable to the Cost Auditor of the Company for the Financial Year 2025-26 and the Financial Year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.01% · promoters 100.00% · institutions 0.00% · other public 28.73%
- To approve the payment of remuneration to Mr. Mahesh Gunvantlal Chavda (DIN: 06387556), Chairman & Managing Director of the CompanySpecialPromoters have an interest in it99.83% for0.17% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 31.32% · promoters 33.33% · institutions 0.00% · other public 28.85%
- To approve the payment of remuneration to Mr. Johil Maheshbhai Chavda (DIN: 06387563), Whole-time Director of the CompanySpecialPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 58.88% · promoters 83.33% · institutions 0.00% · other public 28.85%
- To approve the payment of remuneration to Mrs. Dharmishtha Maheshkumar Chavda (DIN: 06387566), Executive Director of the CompanySpecialPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 58.88% · promoters 83.33% · institutions 0.00% · other public 28.85%
- To appoint M/s B. S. Vyas & Associates, Practising Company Secretaries, as the Secretarial Auditors of the Company for a first term of five consecutive financial years from FY 2026-27 to FY 2030-31Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.01% · promoters 100.00% · institutions 0.00% · other public 28.73%
- To approve the material related party transactions to be entered into by the Company with Chavda RMC LLPOrdinaryPromoters have an interest in it99.22% for0.78% against
Against: promoters 0.00% · institutions 0.00% · other public 0.78%
Turnout: all 12.95% · promoters 0.00% · institutions 0.00% · other public 28.85%
- To approve the material related party transactions to be entered into by the Company with Chavda Developer Private LimitedOrdinaryPromoters have an interest in it99.22% for0.78% against
Against: promoters 0.00% · institutions 0.00% · other public 0.78%
Turnout: all 12.95% · promoters 0.00% · institutions 0.00% · other public 28.85%
- To approve the material related party transactions to be entered into by the Company with Sanghavi Chavda Realty LLPOrdinaryPromoters have an interest in it99.22% for0.78% against
Against: promoters 0.00% · institutions 0.00% · other public 0.78%
Turnout: all 12.95% · promoters 0.00% · institutions 0.00% · other public 28.85%
To appoint Mr. Siddharth Parshottam Gajra (DIN: 10223234), as a Non-Executive Independent Director of the Company for a first term of 5 (five) consecutive years with effect from 27th August, 2026 up to 26th August, 2031MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.01% · promoters 100.00% · institutions 0.00% · other public 28.73%
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, 12 Sep 2026, 2 resolutions
2,154 shareholders on the register on 7 Aug 2026; votes counted by Bhargav Vyas / B S Vyas & Associates.The company's voting result (opens in a new tab)
Increase in the Authorised Share Capital of the Company from Rs. 35,00,00,000/- (Rupees Thirty Five Crores Only) to Rs. 70,00,00,000/- (Rupees Seventy Crores Only) and consequential alteration of the Capital Clause (Clause V) of the Memorandum of Association of the CompanyMoreLess
Ordinary99.70% for0.30% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.35%
Turnout: all 71.04% · promoters 100.00% · institutions 0.00% · other public 35.48%
Approval for issue of 3,26,56,000 (Three Crore Twenty Six Lakh Fifty Six Thousand) Bonus Equity Shares of Rs. 10/- each in the ratio of 1:1 i.e. One (1) bonus equity share for every One (1) existing fully paid-up equity shareMoreLess
Ordinary99.70% for0.30% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.35%
Turnout: all 71.04% · promoters 100.00% · institutions 0.00% · other public 35.48%
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, 17 Jun 2026, 1 resolution
2,318 shareholders on the register on 15 May 2026; votes counted by BHARGAV VYAS / B.S. VYAS & ASSOCIATES.The company's voting result (opens in a new tab)
- Appointment of Mr. Arpit Tiwari (DIN: 11394258) as a Non-Executive Independent Director of the CompanyOrdinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 36.02%
Turnout: all 55.26% · promoters 100.00% · institutions 0.00% · other public 0.32%
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.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyNational Stock ExchangeSince 8 Apr 2026
NSE levied fine of Rs. 70,800 on the Company for delay of 12 days in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015 for the quarter ended 31st December, 2025 The Company subsequently submitted the financial results and remitted the fine on April 08, 2026 . The matter was placed before the Board at its meeetng held on May 18, 2026 and the Board's Comments were informed to the Stock Exchange.
Delay of 12 days in submission of financial results for the quarter ended 31st December, 2025, as per the Regulation 33 of the SEBI (LODR) Regulations, 2015
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
- No
- The filing has a part on fines and penalties
- Yes
- 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 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 IssuesJan 2026 | 91.20 | General Corporate Purpose | 22.76 | 22.76 | No |
| Preferential IssuesJan 2026 | 91.20 | Working Capital Requirement and Issue Related Expenses | 68.44 | 68.44 | No |