Coromandel Engineering Company logo

Coromandel Engineering Company MD, chairman, board of directors and AGM

BSE: 533167RealtySmall Cap

Last close ₹78.90up ₹3.71 (4.93%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹75.19.

52-week range of traded prices to 23 Oct 2026
₹48.72Low, 17 Sep 2026₹114.93High, 30 Dec 2025
Market cap
₹275 Cr2,164th largest listed
P/E
225.1
P/B
20.7
Dividend yield
Nonein the last 12 months
ROE
12.5%
ROCE
10.8%
Debt to equity
1.53
Volume, BSE
74,030

Coromandel Engineering Company 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 directorG V Manimaran

6 directors3 independent1 executive2 non-executive

  • G V Manimaran · Chairperson and managing directorExecutive · joined Nov 2024 · 1 listed board
  • Ennarasu KarunesanNon-executive · joined Nov 2024 · 1 listed board · 2 committee seats, 1 as chair
  • Ravi MuthusamyIndependent · joined Nov 2024 · 18 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 1 as chair
  • Nallusamy ElangovanIndependent · joined Jan 2025 · 16 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Rajendran Stella IsabellaIndependent · joined Jan 2025 · 16 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • SwethaNon-executive · joined May 2026 · 1 listed board

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.

5 directors who left
  • Baskaran Srinivasan, left 25 May 2026: Others
  • Muthiah Nagalingam, left 21 Jan 2025: Others
  • Asir Raja Selvan, left 21 Jan 2025: Others
  • Srinivasan Sridevi, left 14 Dec 2024: Others
  • Sabaretnam Singaram, left 25 Oct 2024: Others

Committees and meetings

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

  • Board

    • 25 May 20265 of 6 present3 independent · 61 days in between
    • 24 Mar 20265 of 6 present3 independent · 40 days in between
    • 11 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair Ravi Muthusamy

    Rajendran Stella Isabella, Ennarasu Karunesan, Nallusamy Elangovan

    • 25 May 20264 of 4 present3 independent · 61 days in between
    • 24 Mar 20264 of 4 present3 independent · 40 days in between
    • 11 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Rajendran Stella Isabella

    Nallusamy Elangovan, Swetha

    • 25 May 20262 of 3 present2 independent · 61 days in between
  • Stakeholders Relationship Committee

    Chair Ennarasu Karunesan

    Rajendran Stella Isabella, Nallusamy Elangovan

    • 24 Mar 20263 of 3 present1 independent
  • Technical committee

    Chair Baskaran Srinivasan

    Ennarasu Karunesan, Ravi Muthusamy

    • 24 Mar 20262 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. CNGSN & ASSOCIATES LLPPeer-review certificate valid to Dec 2026
1 earlier auditor
  • CNGSN & Associates LLPNamed 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.

Coromandel Engineering Company 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.Coromandel Engineering Company dividend history

Annual general meeting, 29 Sep 2026

4,260 shareholders on the register on 18 Sep 2026; present: 3 promoters and 31 others; votes counted by VIDHYA SIVAKUMAR / VIDHYA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. ADOPTION OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.61% · promoters 99.93% · institutions 0.00% · other public 2.71%

  2. RE-APPOINTMENT OF DR. ENNARASU KARUNESAN (DIN: 00200432) AS NON-EXECUTIVE DIRECTOR OF THE COMPANY LIABLE TO RETIRE BY ROTATION
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.61% · promoters 99.93% · institutions 0.00% · other public 2.71%

  3. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH SRI LAKSHMI AMMAL EDUCATIONAL TRUST
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 0.79% · promoters 0.00% · institutions 0.00% · other public 2.71%

  4. TO APPROVE MATERIAL RELATED PARTY TRANSACTION LIMITS WITH UNNMAII FINANCIAL SERVICES PRIVATE LIMITED
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 71.03% · promoters 99.93% · institutions 0.00% · other public 0.74%

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 disputeDeputy Commissioner of CT & GST, Ganjam – II Circle, OdishaSince 10 Dec 2021
    Appeal to Appellate Authority is filed on 10/03/2022 against order dated 10/12/2021 which was stands dismissed and order of the LPO – Appeal is dismissed on 28/06/2023 – Appeal to the Appellate Tribunal has been filed on 30th June 2026MoreLess
    At the filing before: Appeal to Appellate Authority is filed on 10/03/2022 against order dated 10/12/2021 which was stands dismissed and order of the LPO – Appeal is dismissed on 28/06/2023 – An appeal to the Appellate Tribunal to be filed before 30th June 2026MoreLess
  • Tax disputeDeputy Commercial Tax officer, TNSince 5 Mar 2024
    Appeal to Appellate Authority is filed against the proceedings of the Deputy State Tax Officer (ST) on 01/03/2024.Hearing appeared on 15.03.2024 and waiting for next hearing.
  • Tax disputeDeputy Commercial Tax officer, TNSince 22 Jan 2025
    PENDING WITH APPELLATE AUTHORITY-JOINT COMMISSIONER APPEALS
    At the filing before: Appeal against the order has been filed on 22/01/2025
  • Tax disputeDeputy Commercial Tax officer, TNSince 26 Nov 2024
    PENDING WITH APPELLATE AUTHORITY-JOINT COMMISSIONER APPEALS
    At the filing before: Appeal against the order has been filed on 26/11/2024.Appeal filled was admitted on 28/02/2025
  • Tax disputeDeputy Commercial Tax officer, TNSince 2 Jun 2025
    PENDING WITH APPELLATE AUTHORITY-JOINT COMMISSIONER APPEALS
    At the filing before: Appeal has been admitted on 02/06/2025
  • Tax disputeDeputy Commercial Tax officer, Kerala - PRE-GST CASESince 11 Sep 2011
    Appeal filed.- Rs.0.66 lacs paid
    At the filing before: Kerala VAT for 2011-2012. Tax on disputed turnover and interest thereon.
  • Tax disputeAssistant Commissioner (ST), Andhra PradeshSince 29 Dec 2023
    On 29/12/2023, the Assistant Commissioner (ST) Andhra Pradesh, issued an order for Rs. 24.10 lakhs under section 73 of the APGST Act 2017 due to ITC mismatches, with an appeal filed on 28/03/2024 . 'Appeal to Apellate Authorities filed on 28/03/2024 against order dated 29/12/2023 which stands dismissed and appeal order is passed on 10/07/2024,Appeal to the Apellate Tribunal has been filed 0n 30th JUNE 2026.MoreLess
    At the filing before: Appellate Authority has confirmed the order.We have pre-deposited the tax due of Rs,2,41,092/
  • Tax disputeAssistant Commissioner (ST), VisakhapatinamSince 23 Apr 2024
    On 23/04/2024, The Assistant Commissioner(ST), Visakhapatnam, issued a rectification orderDRC-08 Reference No. : ZD370424021383Nunder section 161 of SGST and CGST Acts for Rs. 96.52 lakhs, with Rs. 1.48 lakhs already paid, and an appeal is pending.MoreLess
    At the filing before: Appeal filed against order dated 23/04/2024 on 22/07/2024. Attended a personal hearing 20/09/2024 and awaiting the next hearing
7 more
  • Tax disputeAssistant Commissioner (ST), VisakhapatinamSince 2 Sep 2024
    On 10/05/2024 the Assistant Commissioner (ST), Visakapatnam issued an order for Rs. 3.86 laks uner Section 73 APGST Act 2017 for ITC discrepancied , with an appeal filed . Appeal to Appellate Authority is under progress against the proceedings of the Assistant Commissioner(ST)MoreLess
    At the filing before: Appeal to Appellate Authority filed 08/08/2024 is under progress against the proceedings of the Assistant Commissioner(ST) and hearing attended on 09/09/2024; Awaiting the next hearing
  • Tax disputeAssistant Commissioner (ST), Visakhapat --m.Since 2 Sep 2024
    On 09/05/2024 , Assistant Commissioner (ST), Visakhapatnam issued an order for Rs. 7.57 lakhs under Section 73 AP GST Act 2017 for ITC discrepancies, with an appeal filed. Appeal to Appellate Authority is under progress against the proceedings of the Assistant Commissioner (ST)MoreLess
    At the filing before: Appeal to Appellate Authority filed against the proceedings of the Assistant Commissioner (ST) ; Awaiting next hearing
  • Tax disputeAssistant Commissioner (ST), VisakhapatinamSince 2 Sep 2024
    Appeal to Appellate Authority filed against the proceedings of the Assistant Commissioner (ST)
    At the filing before: AP / GST - FY 2021-22 - dispute on ITC accrued as per GSTR 2A vs ITC availed as per GSTR 3B Appeal to Appellate Authority is under progress against the proceedings of the Assistant Commissioner(ST)
  • Tax disputeTE-GST-FY 2020-21Since 25 Feb 2025
    Appeal filed on 29.05.2025 against the DRC07 Order Dt. 25.02.2025 Second personal Hearing attended 08/01/2026 and awaiting next personal hearing
  • Tax disputeOffice of the Assistant Commissioner,Jurisdiction : LOANSQUARE, North-I, CHENNAI NORTH, Tamil Nadu, State/UT : Tamil NaduSince 8 Jan 2026
    WP filed in Madras High Court PRINCIPAL Bench vide :WP/0016914/2026 against the order.
    At the filing before: Rectification of order has been filed on 15/11/2025 with the GST dept.Rectification request rejected by the Assistant Commissioner on 08/01/2026
  • Tax disputeOffice of the Assistant Commissioner,Jurisdiction : LOANSQUARE, North-I, CHENNAI NORTH, Tamil Nadu, State/UT : Tamil NaduSince 27 Nov 2025
    Appeal filed against the order on 17/02/2026 vide AD3302260396561
    At the filing before: Excess claim of ITC:ITC claimed from cancelled dealers. Appeal to be filed against the order
  • Tax disputeDepuy Commissioner,STATE TAX BANGALORESince 31 Dec 2025
    WRIT Petitiin filed in KARNATAKA HIGH COURT and Pending
    At the filing before: Rectification of order filed 10/03/2026 Mail received rejecting the Rectification order however the rejection not refelcted in the GST portal

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

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
Yes
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 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. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesMay 2025–Allocation towards General Corporate purposed and upcoming projects and execution of Bank Guarantee, Performance Guarantee and Advances in respect to the projects––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.