GNG Electronics MD, chairman, board of directors and AGM
NSE: EBGNGBSE: 544455IT - HardwareSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹673.75.
- 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.
- ₹7,781 Cr831st 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 30 Jul 2026
- 54.6
- 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 25 Jul 2026
- 10.3
- 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
- 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 latest balance sheet's; the one a year before is not on record. The filing of 30 Jul 2026
- 18.8%
- 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 30 Jul 2026
- 17.3%
- 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 25 Jul 2026
- 0.53
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,05,29435.9% delivered
GNG Electronics 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 directorSHARAD KHANDELWAL
- ChairpersonRINKU VIKAS ARORA
6 directors2 independent1 executive3 non-executive
- SHARAD KHANDELWAL · Managing directorExecutive · joined Oct 2006 · reappointed Nov 2024 · 0 listed boards · 2 committee seats
- VIDHI S KHANDELWALNon-executive · joined Oct 2006 · reappointed Nov 2024 · 0 listed boards
- AJAY PANCHOLINon-executive · joined Oct 2024 · reappointed Nov 2024 · 0 listed boards · 1 as independent · 3 committee seats
- RINKU VIKAS ARORA · ChairpersonIndependent · joined Nov 2024 · 20 months as independent · 0 listed boards · 1 as independent
- SHEETALKUMAR DAKIndependent · joined Nov 2024 · 20 months as independent · 0 listed boards · 1 as independent · 1 committee seat
- AMIT CHHATAR KUMAR MIDHANon-executive · joined Nov 2024 · 0 listed boards
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
- 5 May 20266 of 6 present2 independent · 88 days in between
- 5 Feb 20266 of 6 present2 independent
Audit Committee
Chair RINKU VIKAS ARORA
SHEETALKUMAR DAK, SHARAD KHANDELWAL
- 5 May 20263 of 3 present2 independent · 88 days in between
- 5 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHEETALKUMAR DAK
RINKU VIKAS ARORA, VIDHI S KHANDELWAL
- 28 May 20263 of 3 present2 independent · 22 days in between
- 5 May 20263 of 3 present2 independent · 181 days in between
- 4 Nov 20253 of 3 present2 independent
Stakeholders Relationship Committee
Chair RINKU VIKAS ARORA
AJAY PANCHOLI, SHARAD KHANDELWAL
- 5 May 20263 of 3 present1 independent · 88 days in between
- 5 Feb 20263 of 3 present1 independent
Risk Management Committee
Chair RINKU VIKAS ARORA
SHEETALKUMAR DAK, SHARAD KHANDELWAL
- 10 Apr 20263 of 3 present2 independent · 171 days in between
- 20 Oct 20252 of 3 present2 independent
Corporate Social Responsibility Committee
Chair RINKU VIKAS ARORA
SHARAD KHANDELWAL, AJAY PANCHOLI
No meeting listed in the filing.
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.
- Shankarlal Jain & Associates LLPPeer-review certificate valid to Apr 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.
GNG 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.GNG Electronics share news and announcements
Annual general meeting, 24 Sep 2026
65,941 shareholders on the register on 17 Sep 2026; present: 6 promoters and 53 others; votes counted by Nishant Bajaj / Nishant Bajaj & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.13% · promoters 100.00% · institutions 69.02% · other public 33.11%
- To appoint Mr. Ajay Pancholi (DIN: 05168823), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.79% for0.21% against
Against: promoters 0.00% · institutions 2.38% · other public 0.00%
Turnout: all 86.91% · promoters 100.00% · institutions 69.02% · other public 31.52%
- To consider and approve appointment of Secretarial Auditor for a term of five consecutive yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.13% · promoters 100.00% · institutions 69.02% · other public 33.11%
- To consider and approve the authorization to make investment(s)/extend loan(s) and give guarantee(s) or provide securities under Section 186 of the Companies Act, 2013Special95.10% for4.90% against
Against: promoters 0.00% · institutions 55.41% · other public 0.00%
Turnout: all 87.13% · promoters 100.00% · institutions 69.02% · other public 33.10%
- To consider and approve increasing the borrowing limits under Section 180(1)(c) of the Companies Act, 2013Special99.86% for0.14% against
Against: promoters 0.00% · institutions 1.59% · other public 0.00%
Turnout: all 87.13% · promoters 100.00% · institutions 69.02% · other public 33.11%
- To consider and approve creation of charges, mortgage, hypothecation on the assets of the Company under section 180(1)(a) of the Companies Act, 2013Special99.86% for0.14% against
Against: promoters 0.00% · institutions 1.59% · other public 0.00%
Turnout: all 87.13% · promoters 100.00% · institutions 69.02% · other public 33.11%
- To consider and approve material related party transactions with Electronics Bazaar FZCOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 12.36% · promoters 0.00% · institutions 69.02% · other public 33.10%
- To consider and approve material related party transactions with Mr. Sharad KhandelwalOrdinaryPromoters have an interest in it98.87% for1.13% against
Against: promoters 0.00% · institutions 1.59% · other public 0.38%
Turnout: all 12.36% · promoters 0.00% · institutions 69.02% · other public 33.10%
- To consider and approve material related party transactions with Mrs. Vidhi S KhandelwalOrdinaryPromoters have an interest in it98.87% for1.13% against
Against: promoters 0.00% · institutions 1.59% · other public 0.38%
Turnout: all 12.36% · promoters 0.00% · institutions 69.02% · other public 33.10%
- To consider and approve the material related party transactions between Electronics Bazaar FZC, Subsidiary of Company and Bright World Technologies Inc, Step-Down Subsidiary of CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 12.36% · promoters 0.00% · institutions 69.02% · other public 33.10%
- To consider and approve the material related party transactions between Electronics Bazaar FZC, Subsidiary of Company and Kay Kay Overseas Corporation, Step-Down Subsidiary of CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 12.36% · promoters 0.00% · institutions 69.02% · other public 33.10%
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 Jan 2026, 4 resolutions
55,863 shareholders on the register on 12 Dec 2025; votes counted by Nishant Bajaj / Nishant Bajaj & Associates.The company's voting result (opens in a new tab)
- APPROVAL OF THE ALIGNMENT AND RATIFICATION OF ELECTRONICS BAZAAR EMPLOYEES STOCK OPTION SCHEME – 2024 AS PER SEBI (SHARE BASED EMPLOYEE BENEFIT AND SWEAT EQUITY) REGULATIONS, 2021Special96.20% for3.80% against
Against: promoters 0.00% · institutions 65.87% · other public 0.01%
Turnout: all 87.39% · promoters 99.23% · institutions 71.31% · other public 29.92%
APPROVAL OF THE EXTENSION OF GRANT TO THE ELIGIBLE EMPLOYEES OF THE SUBSIDIARY COMPANY(IES), ASSOCIATE COMPANY, IN INDIA OR OUTSIDE INDIA, HOLDING COMPANY OF THE COMPANY UNDER ELECTRONICS BAZAAR EMPLOYEES STOCK OPTION SCHEME – 2024MoreLess
Special96.20% for3.80% againstAgainst: promoters 0.00% · institutions 65.87% · other public 0.01%
Turnout: all 87.39% · promoters 99.23% · institutions 71.31% · other public 29.92%
APPROVAL OF THE MATERIAL RELATED PARTY TRANSACTION(S) WITH ELECTRONICS BAZAAR FZC, A SUBSIDIARY OF COMPANY UNDER SECTION 188 OF THE COMPANIES ACT, 2013 AND REGULATION 23 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), 2015MoreLess
OrdinaryPromoters have an interest in it97.40% for2.60% againstAgainst: promoters 0.00% · institutions 4.79% · other public 0.02%
Turnout: all 9.29% · promoters 0.00% · institutions 71.31% · other public 29.92%
APPROVAL OF THE MATERIAL RELATED PARTY TRANSACTION(S) BETWEEN ELECTRONICS BAZAAR FZC, A SUBSIDIARY OF COMPANY AND BRIGHT WORLD TECHNOLOGIES INC, A WHOLLY OWNED SUBSIDIARY OF ELECTRONICS BAZAAR FZC UNDER SECTION 188 OF THE COMPANIES ACT, 2013 AND REGULATION 23 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), 2015MoreLess
OrdinaryPromoters have an interest in it97.40% for2.60% againstAgainst: promoters 0.00% · institutions 4.79% · other public 0.01%
Turnout: all 9.29% · promoters 0.00% · institutions 71.31% · other public 29.92%
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.Funds that hold it
Mutual fund votes, meeting of 24 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.MoreLess
2 for0 against- To appoint Mr. Ajay Pancholi (DIN: 05168823), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To consider and approve appointment of Secretarial Auditor for a term of five consecutive years2 for0 against
- To consider and approve the authorization to make investment(s)/extend loan(s) and give guarantee(s) or provide securities under Section 186 of the Companies Act, 20132 for0 against
- To consider and approve creation of charges, mortgage, hypothecation on the assets of the Company under section 180(1)(a) of the Companies Act, 20132 for0 against
- To consider and approve material related party transactions with Electronics Bazaar FZC2 for0 against
- To consider and approve material related party transactions with Mr. Sharad Khandelwal2 for0 against
- To consider and approve material related party transactions with Mrs. Vidhi S Khandelwal2 for0 against
- To consider and approve the material related party transactions between Electronics Bazaar FZC, Subsidiary of Company and Bright World Technologies Inc, Step-Down Subsidiary of Company2 for0 against
- To consider and approve the material related party transactions between Electronics Bazaar FZC, Subsidiary of Company and Kay Kay Overseas Corporation, Step-Down Subsidiary of Company2 for0 against
1 proposal not matched to one resolution
To borrow money, for and on behalf of the Company from time to time, as deemed by it to be requisite and proper for the business of the Company, in a manner that the monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company’s bankers in the ordinary course of business) may at any time exceed the aggregate of paid-up share capital, free reserves and securities premium, provided that the total amount so borrowed and outstanding at any time shall not exceed the sum of Rs. 10,000 million.MoreLess
2 for0 against
Mutual fund votes, meeting of 15 Jan 2026, 4 fund houses
- APPROVAL OF THE ALIGNMENT AND RATIFICATION OF ELECTRONICS BAZAAR EMPLOYEES STOCK OPTION SCHEME – 2024 AS PER SEBI (SHARE BASED EMPLOYEE BENEFIT AND SWEAT EQUITY) REGULATIONS, 2021
Against Edelweiss Mutual Fund, Mirae Asset Mutual Fund
- Edelweiss Mutual FundNon-Compliant under SEBI SBEB Regulations: Absolute Discretion to NRC to determine Exercise Price. Furthermore, the Exercise price has merely been linked to the Market price, but no pricing formula has been provided by the Company. Governance Concern: Potential maximum benefit that may be granted to a single employee appears to be excessive.
- Mirae Asset Mutual FundWe do not favour schemes where the exercise price is at a significant discount (>20%) to market price
2 for2 against APPROVAL OF THE EXTENSION OF GRANT TO THE ELIGIBLE EMPLOYEES OF THE SUBSIDIARY COMPANY(IES), ASSOCIATE COMPANY, IN INDIA OR OUTSIDE INDIA, HOLDING COMPANY OF THE COMPANY UNDER ELECTRONICS BAZAAR EMPLOYEES STOCK OPTION SCHEME – 2024MoreLess
Against Edelweiss Mutual Fund, Mirae Asset Mutual Fund
- Edelweiss Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Interlinked with Resolution #1. Governance Concern: Scheme proposed to be extended to Holding Company / Associate Company (ies) without compelling reason. Further, non-disclosure regarding the cost being reimbursed by the respective companies.
- Mirae Asset Mutual FundWe do not support the extension of ESOP schemes to associate companies.
2 for2 againstAPPROVAL OF THE MATERIAL RELATED PARTY TRANSACTION(S) WITH ELECTRONICS BAZAAR FZC, A SUBSIDIARY OF COMPANY UNDER SECTION 188 OF THE COMPANIES ACT, 2013 AND REGULATION 23 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), 2015MoreLess
Against Edelweiss Mutual Fund
- Edelweiss Mutual FundNon-compliant with SEBI LODR Regulations: As per the Notice and Half-yearly RPT Disclosures, the Company has entered in transactions in the nature of Corporate Guarantees [#3]. However, under the proposed resolutions, the Company has not sought approval for the transactions undertaken with the related parties, apart from Sale of goods and/or rendering of services. Non-compliant with SEBI Circular on RPT Disclosures: Non-disclosure of required information as per the RPT Industry Standards mandated by SEBI
3 for1 againstAPPROVAL OF THE MATERIAL RELATED PARTY TRANSACTION(S) BETWEEN ELECTRONICS BAZAAR FZC, A SUBSIDIARY OF COMPANY AND BRIGHT WORLD TECHNOLOGIES INC, A WHOLLY OWNED SUBSIDIARY OF ELECTRONICS BAZAAR FZC UNDER SECTION 188 OF THE COMPANIES ACT, 2013 AND REGULATION 23 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), 2015MoreLess
Against Edelweiss Mutual Fund
- Edelweiss Mutual FundNon-compliant with SEBI LODR Regulations: As per the Notice and Half-yearly RPT Disclosures, the Company has entered in transactions in the nature of Purchase [#4]. However, under the proposed resolutions, the Company has not sought approval for the transactions undertaken with the related parties, apart from Sale of goods and/or rendering of services.
3 for1 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome TaxSince 11 Mar 2024Matter is before the Appellant Authority in response of Demand order
- Tax disputeIncome TaxSince 18 Mar 2026Appeal against said demand / order being filed
- Tax disputeCommercial Tax Officer -TamilnaduSince 28 Dec 2023Matter is before the Appellant Authority in response of Demand order
- Tax disputeC.G.S.T &C.Ex Mumbai East Commisionerate FY 2019-20Since 27 Mar 2026Matter is before the Appellant Authority in response of Demand order
- Tax disputeC.G.S.T &C.Ex Mumbai East Commisionerate FY 2020-21Since 27 Mar 2026Matter is before the Appellant Authority in response of Demand order
- Tax disputeC.G.S.T &C.Ex Mumbai East Commisionerate FY 2021-22Since 27 Mar 2026Matter is before the Appellant Authority in response of Demand order
- Tax disputeC.G.S.T &C.Ex Mumbai East Commisionerate FY 2023-24Since 27 Mar 2026Matter is before the Appellant Authority in response of Demand order
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
- Yes
- 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
- 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 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesJul 2025, checked by CARE Ratings Limited | 400.00 | Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Material Subsidiary namely, Electronics Bazaar FZC | 320.00 | 320.00 | No |
| Public IssuesJul 2025, checked by CARE Ratings Limited | 400.00 | General Corporate Purposes | 46.42 | 46.42 | No |
| Public IssuesJul 2025, checked by CARE Ratings Limited | 400.00 | Issue Expenses | 33.58 | 29.93 | No |