Dolat Algotech logo

Dolat Algotech MD, chairman, board of directors and AGM

NSE: DOLATALGOBSE: 505526Capital MarketsSmall Cap

Formerly Dolat Investments
Last close ₹56.40down ₹0.96 (1.67%)BSE ₹56.89

Share price at the NSE close on 23 Oct 2026. Previous close ₹57.36.

52-week range of traded prices to 23 Oct 2026
₹54.11Low, 23 Oct 2026₹95.76High, 5 Jan 2026
Market cap
₹993 Cr1,330th largest listed
P/E
6.9
P/B
0.9
Dividend yield
0.18%
ROE
13.5%
ROCE
17.2%
Debt to equity
0.25
Volume, NSE
1,75,87957.3% delivered

Dolat Algotech 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

  • Managing directorPankaj Dolatrai Shah
  • ChairpersonHarendra Dolatrai ShahRelated to the promoter
  • Company Secretary and Compliance OfficerSANDEEPKUMAR G. BHANUSHALI

6 directors3 independent1 executive2 non-executive

  • Pankaj Dolatrai Shah · Managing directorExecutive · joined May 2019 · reappointed Sep 2023 · 1 listed board · 2 committee seats
  • Shailesh Kashanji NayakIndependent · joined Feb 2017 · reappointed Feb 2022 · 113 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Shailesh Dolatrai ShahNon-executive · joined Jan 2020 · reappointed Sep 2023 · 1 listed board
  • Monika Amit SinghaniaIndependent · joined Jan 2020 · reappointed Jan 2025 · 76 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 1 as chair
  • Harendra Dolatrai Shah · ChairpersonNon-executive · joined Sep 2022 · reappointed Sep 2022 · 1 listed board
  • Thomas Ritaldo FernandesIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 1 listed board · 1 as independent · 2 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

    • 21 May 20266 of 6 present3 independent · 54 days in between
    • 27 Mar 20266 of 6 present3 independent · 57 days in between
    • 28 Jan 20266 of 6 present3 independent

  • Audit Committee

    Chair Thomas Ritaldo Fernandes

    Pankaj Dolatrai Shah, Monika Amit Singhania, Shailesh Kashanji Nayak

    • 21 May 20264 of 4 present3 independent · 54 days in between
    • 27 Mar 20264 of 4 present3 independent · 57 days in between
    • 28 Jan 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Thomas Ritaldo Fernandes

    Monika Amit Singhania, Harendra Dolatrai Shah, Shailesh Kashanji Nayak

    • 23 Mar 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Thomas Ritaldo Fernandes

    Pankaj Dolatrai Shah, Monika Amit Singhania, Shailesh Kashanji Nayak

    • 23 Mar 20264 of 4 present3 independent

  • Risk Management Committee

    Chair Monika Amit Singhania

    Pankaj Dolatrai Shah, Shailesh Dolatrai Shah

    • 16 Mar 20263 of 3 present1 independent · 46 days in between

  • Corporate Social Responsibility Committee

    Chair Monika Amit Singhania

    Pankaj Dolatrai Shah, Shailesh Kashanji Nayak, Shailesh Dolatrai Shah

    • 28 Jan 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.

  • V. J. SHAH AND COPeer-review certificate valid to Jun 2028

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.

Dolat Algotech 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.Dolat Algotech dividend history

Annual general meeting, 29 Sep 2026

56,539 shareholders on the register on 22 Sep 2026; present: 16 promoters and 30 others; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements for the year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 75.45% · promoters 100.00% · institutions 96.07% · other public 3.64%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements for the year ended 31st March, 2026 together with the Reports of Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 75.45% · promoters 100.00% · institutions 96.07% · other public 3.64%

  3. To appoint a Director in place of Mr. Pankaj D. Shah (DIN 00005023), who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 54.20% · other public 0.20%

    Turnout: all 75.45% · promoters 100.00% · institutions 96.07% · other public 3.64%

  4. To approve increment in payment of remuneration to Mr. Vaibhav Pankaj Shah holding office or place of profit, as Chief financial officer (CFO) and relative of Mr. Pankaj D. Shah (Promoter-Managing Director).MoreLess
    OrdinaryPromoters have an interest in it
    97.96% for2.04% against

    Against: promoters 0.00% · institutions 54.20% · other public 0.18%

    Turnout: all 0.96% · promoters 0.00% · institutions 96.07% · other public 3.64%

  5. To approve increment in payment of remuneration to Mrs. Rajul Shailesh Shah holding office or place of profit and relative of Mr. Shailesh D. Shah (Promoter-Non Executive Director).
    OrdinaryPromoters have an interest in it
    97.96% for2.04% against

    Against: promoters 0.00% · institutions 54.20% · other public 0.18%

    Turnout: all 0.96% · promoters 0.00% · institutions 96.07% · other public 3.64%

  6. To approve Material Related Party Transactions of the Company
    OrdinaryPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 0.96% · promoters 0.00% · institutions 96.07% · other public 3.64%

  7. To approve Material Related Party Transactions of the Subsidiary Company
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 0.96% · promoters 0.00% · institutions 96.07% · other public 3.64%

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, 2 May 2026, 2 resolutions

59,562 shareholders on the register on 20 Mar 2026; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA.The company's voting result (opens in a new tab)

  1. To approve Material Related Party Transactions of the Company for FY 2026-27
    OrdinaryPromoters have an interest in it
    99.61% for0.39% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 1.17% · promoters 0.00% · institutions 6.44% · other public 4.57%

  2. To approve Material Related Party Transactions of the Subsidiary Company for FY 2026-27
    OrdinaryPromoters have an interest in it
    98.08% for1.92% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.40%

    Turnout: all 1.17% · promoters 0.00% · institutions 6.44% · other public 4.57%

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.

Annual general meeting, 30 Sep 2025, 5 resolutions

65,356 shareholders on the register on 23 Sep 2025; present: 19 promoters and 28 others; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements for the year ended 31st March, 2025 together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.99% · promoters 99.99% · institutions 6.38% · other public 5.93%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements for the year ended 31st March, 2025 together with the Reports of Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.99% · promoters 99.99% · institutions 6.38% · other public 5.93%

  3. To appoint a Director in place of Mr. Shailesh D. Shah (DIN 00005041), who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 75.99% · promoters 99.99% · institutions 6.38% · other public 5.93%

  4. Appointment of DM and Associates Company Secretaries LLP, Company Secretaries as the Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 75.99% · promoters 99.99% · institutions 6.38% · other public 5.93%

  5. To approve increment in payment of remuneration to Mr. Vaibhav Pankaj Shah holding office or place of profit, as Chief financial officer (CFO) and relative of Mr. Pankaj D. Shah (Promoter-Managing Director).MoreLess
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 98.37% · other public 0.11%

    Turnout: all 65.73% · promoters 86.21% · institutions 6.38% · other public 5.93%

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, 8 Mar 2025, 2 resolutions

64,927 shareholders on the register on 31 Jan 2025; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA.The company's voting result (opens in a new tab)

  1. Material modification to approved related party transaction(s)
    OrdinaryPromoters have an interest in it
    94.38% for5.62% against

    Against: promoters 0.00% · institutions 35.13% · other public 1.42%

    Turnout: all 0.83% · promoters 0.00% · institutions 57.39% · other public 2.87%

  2. Re-appointment of Mrs. Monika Amit Singhania (DIN: 07950196) as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.35%

    Turnout: all 75.32% · promoters 100.00% · institutions 57.39% · other public 2.87%

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 2024, 6 resolutions

Present: 13 promoters and 29 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements for the year ended 31st March ¿24 together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 75.23% · promoters 100.00% · institutions 20.49% · other public 2.23%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements for the year ended 31st March ¿24 together with the Reports of Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 75.23% · promoters 100.00% · institutions 20.49% · other public 2.23%

  3. To appoint a Director in place of Mr. Harendra D. Shah (DIN 00012601), who retires by rotation and, being eligible, offers himself for re-appointment
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 53.64% · other public 0.85%

    Turnout: all 75.23% · promoters 100.00% · institutions 20.49% · other public 2.23%

  4. Appointment of Mr. Thomas Ritaldo Fernandes as an Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.83%

    Turnout: all 75.23% · promoters 100.00% · institutions 20.49% · other public 2.23%

  5. Increase in borrowing limit under section 180(1)(c) of the Companies Act, 2013
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 24.25% · other public 0.18%

    Turnout: all 75.23% · promoters 100.00% · institutions 20.49% · other public 2.23%

  6. Creation of charge/mortgage etc. on Company’s movable or immovable properties in terms of section 180 (1) (a) of the Companies Act, 2013.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 24.25% · other public 0.10%

    Turnout: all 75.23% · promoters 100.00% · institutions 20.49% · other public 2.23%

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, 16 Mar 2024, 1 resolution

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

  1. TO APPROVE / RATIFICATION OF MATERIAL RELATED PARTY TRANSACTIONS WITH M/S. NIRSHILP COMMODITIES AND TRADING PRIVATE LIMITED
    OrdinaryPromoters have an interest in it
    98.20% for1.80% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.81%

    Turnout: all 0.96% · promoters 0.00% · institutions 11.65% · other public 3.74%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 30 Sep 2024, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Audited Standalone Financial Statements for the year ended 31st March ¿24 together with the Reports of the Board of Directors and Auditors thereon.
    1 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements for the year ended 31st March ¿24 together with the Reports of Auditors thereon.
    1 for0 against
  • To appoint a Director in place of Mr. Harendra D. Shah (DIN 00012601), who retires by rotation and, being eligible, offers himself for re-appointment
    1 for0 against
  • Appointment of Mr. Thomas Ritaldo Fernandes as an Independent Director
    1 for0 against
  • Creation of charge/mortgage etc. on Company’s movable or immovable properties in terms of section 180 (1) (a) of the Companies Act, 2013.
    1 for0 against
1 proposal not matched to one resolution
  • To borrow and avail for funding expansion and/ or operational plans and meeting other funding requirements of the Company from time to time, the credit facilities and/ or any sum or sums of money at its discretion either from the Company’s Bank(s) or any other Bank(s), Financial Institution(s) and/or any other Lending Institution(s) or person(s) or body corporate(s) from time to time, on such terms and conditions as may be considered suitable by the Board of Directors upto a limit not exceeding in aggregate Rs. 5,000 Crore notwithstanding that such sum(s) of money(s) and the sum(s) to be borrowed by the Company together with the money already borrowed by the Company and remaining outstanding at any time with or without security on such terms and conditions as they may think fit shall exceed aggregate of its paid-up share capital, free reserves and securities premium (apart from temporary loans obtained from the Company’s Bankers/ Financial Institutions in the ordinary course of business) provided however that the money or monies to be borrowed by the Company together with the money already borrowed shall not exceed Rs. 5,000 Crore at any one time.MoreLess
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyNSE Clearing LimitedSince 21 May 2026

    Penalty levied for Rs. 24410.11 (with GST - Rs. 28803.93)

    Increase in existing positions or creation of new positions in an underlying security after the market-wide open interest crossed 95% of the prescribed market-wide position limit, pursuant to Circular No. NSCC/F&O/C&S/365 dated August 26, 2004.MoreLess
  • Fine or penaltyNSE Clearing LimitedSince 23 Jun 2026

    Penalty levied for Rs. 12292.28 (with GST - Rs. 14504.89)

    Increase in existing positions or creation of new positions in an underlying security after the market-wide open interest crossed 95% of the prescribed market-wide position limit, pursuant to Circular No. NSCC/F&O/C&S/365 dated August 26, 2004.MoreLess

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
Yes
The chair is related to the managing director
Yes
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.