Dhanashree Electronics MD, chairman, board of directors and AGM
BSE: 542679Electrical EquipmentSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹100.15.
- Under BSE's long-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹145 Cr2,249th 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. The filing of 12 Aug 2026
- 42.2
- 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. The filing of 30 May 2026
- 2.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.10%
- 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 12 Aug 2026
- 6.1%
- 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 12 Aug 2026
- −1.3%
- 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 30 May 2026
- 0.80
- Volume, BSEVolume. Shares traded on the last trading day.
- 4
Dhanashree Electronics 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 directorNITESH TOSHNIWAL
- Company Secretary and Compliance OfficerGOPAL SHARMA
4 directors2 independent1 executive1 non-executive
- NITESH TOSHNIWAL · Chairperson and managing directorExecutive · joined Apr 2004 · reappointed Sep 2024 · 60 months as independent · 1 listed board
- RAJESH KUMAR CHANDAK · Employee DirectorIndependent · joined Jun 2020 · reappointed Aug 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
- VIJAY KUMAR SHARMA · Employee DirectorIndependent · joined Aug 2009 · reappointed Sep 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SHRUTI TOSHNIWALNon-executive · joined Dec 2014 · 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.
1 director who left
- RISHAV SETHIA, left 30 Nov 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20264 of 4 present2 independent · 8 days in between
- 21 May 20264 of 4 present2 independent · 1 day in between
- 19 May 20264 of 4 present2 independent · 7 days in between
- 11 May 20264 of 4 present2 independent · 85 days in between
1 earlier meeting
- 14 Feb 20264 of 4 present2 independent
Audit Committee
Chair VIJAY KUMAR SHARMA
RAJESH KUMAR CHANDAK, SHRUTI TOSHNIWAL
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair VIJAY KUMAR SHARMA
RAJESH KUMAR CHANDAK, SHRUTI TOSHNIWAL
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair VIJAY KUMAR SHARMA
RAJESH KUMAR CHANDAK, SHRUTI TOSHNIWAL
- 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.
- SURANA SUNIL & COPeer-review certificate valid to Jun 2027
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.
Dhanashree Electronics 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.Dhanashree Electronics dividend history
Annual general meeting, 30 Sep 2026
2,030 shareholders on the register on 23 Sep 2026; present: 22 promoters and 31 others; votes counted by ABBAS VITHORAWALA / ABBAS VITHORAWALA.The company's voting result (opens in a new tab)
- To receive consider and adopt the Audited Financial Statement of the Company for the financial year ended 31st March 2026 and the report of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.01%
Turnout: all 76.13% · promoters 100.00% · other public 6.03%
- To declare a final dividend of 0.10 (1 PERCENT) per equity share of face value of Face value of Rs 10/- each for the financial year ended 31st March 2026Ordinary99.95% for0.05% against
Against: promoters 0.00% · other public 2.31%
Turnout: all 76.13% · promoters 100.00% · other public 6.03%
- To appoint a Director in place of Mrs Shruti Toshniwal (DIN 01654074) who retires by rotation and being eligible offer herself for re appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.01%
Turnout: all 76.13% · promoters 100.00% · other public 6.03%
- To consider and if thought fit to pass with or without modification (s) the following resolution as Ordinary Resolution Approval of the material related party transactions for 2026 2027OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · other public 2.31%
Turnout: all 76.13% · promoters 100.00% · other public 6.03%
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
- 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.
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. 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesNov 2025 | – | WORKING CAPITAL PURPOSE | – | – | No | NO DEVIATION |
| Preferential IssuesNov 2025 | – | GENERAL CORPORATE PURPOSE | – | – | No | NO DEVIATION |
| Preferential IssuesNov 2025 | – | WORKING CAPITAL PURPOSE | – | – | No | NO DEVIATION |
| Preferential IssuesNov 2025 | – | GENERAL CORPORATE PURPOSE | – | – | No | NO DEVIATION |