Crest Ventures logo

Crest Ventures MD, chairman, board of directors and AGM

NSE: CRESTBSE: 511413FinanceSmall Cap

Formerly Sharyans Resources
Last close ₹345.00down ₹6.00 (1.71%)BSE ₹339.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹351.00.

52-week range of traded prices to 23 Oct 2026
₹298.15Low, 30 Mar 2026₹418.00High, 28 Nov 2025
Market cap
₹982 Cr1,469th largest listed
P/E
Earlier quarters restated in the year
P/B
0.8
Dividend yield
0.29%
NIM
8.24%
Cost of funds
9.08%
Credit cost
−0.30%
ROA
2.86%
Leverage
1.31times net worth
Volume, NSE
12,30567.9% delivered

Crest Ventures 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

  • ChairpersonMohindar Kumar
  • Managing directorVijay Kundanmal Choraria
  • Company Secretary and Compliance OfficerNamita Bapna

7 directors4 independent1 executive2 non-executive

  • Mohindar Kumar · ChairpersonIndependent · joined May 2019 · reappointed May 2024 · 85 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Vijay Kundanmal Choraria · Managing directorExecutive · joined May 1993 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • Sheetal Kamalnayan KapadiaNon-executive · joined Dec 2021 · reappointed Dec 2021 · 1 listed board · 1 committee seat
  • Sivaramakrishnan Srinivasan IyerIndependent · joined Mar 2024 · reappointed Mar 2024 · 27 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
  • Neha MehtaIndependent · joined Feb 2023 · reappointed Feb 2023 · 40 months as independent · 1 listed board · 1 as independent
  • Jagdish Mohan KirpalaniIndependent · joined Nov 2025 · reappointed Nov 2025 · 8 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Rajeev SharmaNon-executive · joined Jan 2026 · reappointed Jan 2026 · 1 listed board · 1 committee seat

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

    • 22 May 20266 of 7 present3 independent · 52 days in between
    • 30 Mar 20266 of 7 present3 independent · 44 days in between
    • 13 Feb 20265 of 7 present2 independent
  • Audit Committee

    Chair Sivaramakrishnan Srinivasan Iyer

    Mohindar Kumar, Jagdish Mohan Kirpalani, Rajeev Sharma

    • 22 May 20264 of 4 present3 independent · 52 days in between
    • 30 Mar 20263 of 3 present2 independent · 44 days in between
    • 13 Feb 20262 of 3 present1 independent
  • Nomination and remuneration committee

    Chair Jagdish Mohan Kirpalani

    Mohindar Kumar, Rajeev Sharma

    • 21 May 20263 of 3 present2 independent · 85 days in between
    • 24 Feb 20263 of 3 present2 independent · 11 days in between
    • 12 Feb 20262 of 3 present1 independent
  • Stakeholders Relationship Committee

    Chair Mohindar Kumar

    Vijay Kundanmal Choraria, Sheetal Kamalnayan Kapadia

    • 21 May 20263 of 3 present1 independent · 97 days in between
    • 12 Feb 20263 of 3 present1 independent
  • Corporate Social Responsibility Committee

    Chair Mohindar Kumar

    Sheetal Kamalnayan Kapadia, Sivaramakrishnan Srinivasan Iyer, Vijay Kundanmal Choraria

    • 21 May 20264 of 4 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.

  • N A Shah Associates LLPPeer-review certificate valid to Aug 2028
1 earlier auditor
  • MGB & Co. 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.

Crest Ventures 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.Crest Ventures dividend history

Annual general meeting, 22 Aug 2026

8,654 shareholders on the register on 15 Aug 2026; present: 4 promoters and 58 others; votes counted by HIMANSHU S. KAMDAR / M/S. RATHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements, alongwith Boards’ and Auditors’ Report for Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.89% · promoters 100.00% · institutions 6.84% · other public 34.82%

  2. Declaration of Dividend for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.89% · promoters 100.00% · institutions 6.84% · other public 34.82%

  3. Re-appointment of Ms. Sheetal Kapadia (DIN: 03317767) who retires by rotation and being eligible, offers herself for reappointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.89% · promoters 100.00% · institutions 6.84% · other public 34.82%

  4. Approval of Material Related Party Transaction(s) of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 9.98% · promoters 0.00% · institutions 6.84% · other public 34.57%

  5. Approval of Material Related Party Transactions of Subsidiaries of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 9.98% · promoters 0.00% · institutions 6.84% · other public 34.57%

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, 29 Mar 2026, 1 resolution

9,446 shareholders on the register on 13 Feb 2026; votes counted by HIMANSHU S. KAMDAR / M/S. RATHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Rajeev Sharma (DIN: 01102446) as Non-Executive, Non-Independent Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.56% · promoters 100.00% · institutions 6.75% · other public 16.42%

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, 29 Jan 2026, 1 resolution

9,781 shareholders on the register on 19 Dec 2025; votes counted by HIMANSHU S. KAMDAR / M/S. RATHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Jagdish Mohan Kirpalani (DIN: 01673553) as Non-Executive, Independent Director of the Company
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.09%

    Turnout: all 75.81% · promoters 100.00% · institutions 6.80% · other public 20.78%

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, 30 Sep 2025, 10 resolutions

10,239 shareholders on the register on 23 Sep 2025; present: 4 promoters and 59 others; votes counted by Himanshu S. Kamdar / M/s. Rathi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements, Directors’ and Auditors’ Report for FY 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.43% · promoters 100.00% · institutions 6.78% · other public 19.45%

  2. Declaration of Dividend for the FY 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.43% · promoters 100.00% · institutions 6.78% · other public 19.45%

  3. Re-appointment of Mr. Vijay Choraria (DIN: 00021446) who retires by rotation and being eligible, offers himself for re- appointment
    OrdinaryPromoters have an interest in it
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 5.68% · promoters 0.00% · institutions 6.78% · other public 19.45%

  4. Appointment of Statutory Auditors of the Company
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 75.43% · promoters 100.00% · institutions 6.78% · other public 19.45%

  5. Approval for payment of remuneration to Mr. Vijay Choraria (DIN: 00021446), Managing Director for remaining term of appointment
    SpecialPromoters have an interest in it
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 5.68% · promoters 0.00% · institutions 6.78% · other public 19.45%

  6. Appointment of Secretarial Auditors of the Company
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 75.43% · promoters 100.00% · institutions 6.78% · other public 19.45%

  7. To approve the maximum remuneration payable to Mr. Jash Choraria, holding office or place of profit in the Company
    OrdinaryPromoters have an interest in it
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 5.68% · promoters 0.00% · institutions 6.78% · other public 19.45%

  8. To approve the maximum remuneration payable to Ms. Nishka Choraria, holding office or place of profit in the Company
    OrdinaryPromoters have an interest in it
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 5.68% · promoters 0.00% · institutions 6.78% · other public 19.45%

  9. Approval for Material Related Party Transaction(s) of the Company
    OrdinaryPromoters have an interest in it
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 5.68% · promoters 0.00% · institutions 6.78% · other public 19.45%

  10. Approval for Material Related Party Transactions of Subsidiaries of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 5.68% · promoters 0.00% · institutions 6.78% · other public 19.45%

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, 15 Apr 2025, 2 resolutions

10,961 shareholders on the register on 28 Feb 2025; votes counted by Ms. Suman Sureka / M/s. Suman Sureka and Associates.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transactions between Crest Ventures Limited and Sutlej Housing 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 10.73% · promoters 0.00% · institutions 0.00% · other public 36.52%

  2. Approval of Material Related Party Transactions between Crest Ventures Limited and VK-21 Realty LLP
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 10.73% · promoters 0.00% · institutions 0.00% · other public 36.52%

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.

Annual general meeting, 31 Aug 2024, 7 resolutions

Present: 4 promoters and 113 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements, Directors’ and Auditors’ Report for the financial year 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.40% · promoters 100.00% · institutions 0.00% · other public 48.75%

  2. Declaration of Dividend for the financial year 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.40% · promoters 100.00% · institutions 0.00% · other public 48.75%

  3. Re-appointment of Ms. Sheetal Kapadia (DIN: 03317767) who retires by rotation and being eligible, offers herself for reappointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.40% · promoters 100.00% · institutions 0.00% · other public 48.75%

  4. Approval for Material Related Party Transaction(s)
    OrdinaryPromoters have an interest in it
    99.89% for0.11% against

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

    Turnout: all 14.29% · promoters 0.00% · institutions 0.00% · other public 48.75%

  5. Approval for Material Related Party Transaction between Crest Habitat Private Limited, wholly owned subsidiary of the Company, and M/s Hill View Developers (Earlier known as Sushil Enterprises)
    OrdinaryPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 14.29% · promoters 0.00% · institutions 0.00% · other public 48.75%

  6. Approval for Material Related Party Transaction between Crest Habitat Private Limited, wholly owned subsidiary of the Company, and VK-21 Realty LLP
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 14.29% · promoters 0.00% · institutions 0.00% · other public 48.75%

  7. Approval for Material Related Party Transaction between Escort Developers Private Limited and Starboard Hotels Private Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 14.29% · promoters 0.00% · institutions 0.00% · other public 48.75%

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, 11 May 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Sivaramakrishnan Srinivasan Iyer (DIN: 00503487) as Non-Executive, Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 73.92% · promoters 100.00% · institutions 0.00% · other public 16.25%

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 Dec 2023, 5 resolutions

The company's voting result (opens in a new tab)

  1. Alteration in Object Clause of Memorandum of Association along with Adoption of New set of Memorandum of Association as per the provisions of the Companies Act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 83.35% · promoters 100.00% · institutions 0.00% · other public 55.59%

  2. Adoption of amended and restated Articles of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 83.35% · promoters 100.00% · institutions 0.00% · other public 55.59%

  3. Approval for Material Related Party Transaction(s)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 14.23% · promoters 0.00% · institutions 0.00% · other public 55.59%

  4. Approval for Material Related Party Transaction between Crest Habitat Private Limited (CHPL), wholly owned subsidiary of the Company, and M/s Hill view Developers (Earlier known as Sushil Enterprises)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 14.23% · promoters 0.00% · institutions 0.00% · other public 55.59%

  5. Re-appointment of Mr. Mohindar Kumar (DIN: 08444706) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 83.35% · promoters 100.00% · institutions 0.00% · other public 55.59%

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
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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
OthersDec 2025100.00––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.