Ecos (India) Mobility & Hospitality logo

Ecos (India) Mobility & Hospitality MD, chairman, board of directors and AGM

NSE: ECOSMOBLTYBSE: 544239Transport ServicesSmall Cap

Last close ₹99.92down ₹2.50 (2.44%)BSE ₹99.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹102.42.

52-week range of traded prices to 23 Oct 2026
₹99.70Low, 23 Oct 2026₹260.05High, 17 Nov 2025
Market cap
₹600 Cr1,539th largest listed
P/E
10.2
P/B
2.3
Dividend yield
2.38%
ROE
24.2%
ROCE
24.7%
Debt to equity
0.00
Volume, NSE
1,02,86475.2% delivered

Ecos (India) Mobility & Hospitality 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 directorADITYA LOOMBA
  • Chairperson and managing directorRAJESH LOOMBA
  • Company Secretary and Compliance OfficerShweta Bhardwaj

6 directors3 independent2 executive1 non-executive

  • ADITYA LOOMBA · Managing directorExecutive · joined Apr 2006 · reappointed Mar 2024 · 1 listed board · 1 committee seat
  • RAJESH LOOMBA · Chairperson and managing directorExecutive · joined Feb 1996 · reappointed Mar 2022 · 1 listed board · 2 committee seats
  • NIDHI SETHNon-executive · joined May 2024 · 1 listed board
  • DEBASHISH DASIndependent · joined Mar 2024 · 27 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • ARCHANA JAINIndependent · joined Mar 2024 · 27 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 3 as chair
  • VANDANA CHAMARIAIndependent · joined Nov 2025 · 7 months as independent · 2 listed boards · 2 as independent

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
  • RAJEEV VIJ, left 14 Aug 2025: Others

Committees and meetings

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

  • Board

    • 28 May 20266 of 6 present3 independent · 75 days in between
    • 13 Mar 20266 of 6 present3 independent · 29 days in between
    • 11 Feb 20265 of 6 present2 independent

  • Audit Committee

    Chair ARCHANA JAIN

    DEBASHISH DAS, RAJESH LOOMBA

    • 28 May 20263 of 3 present2 independent · 75 days in between
    • 13 Mar 20263 of 3 present2 independent · 29 days in between
    • 11 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair DEBASHISH DAS

    NIDHI SETH, ARCHANA JAIN

    • 28 May 20263 of 3 present2 independent · 106 days in between
    • 10 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair DEBASHISH DAS

    RAJESH LOOMBA, ADITYA LOOMBA

    No meeting listed in the filing.

  • Risk Management Committee

    Chair ADITYA LOOMBA

    ARCHANA JAIN, DEEPALI DEV

    • 13 Mar 20262 of 3 present0 independent

  • Corporate Social Responsibility Committee

    Chair DEBASHISH DAS

    RAJESH LOOMBA, ADITYA LOOMBA

    No meeting listed in the filing.

  • IPO COMMITTEE

    Chair RAJESH LOOMBA

    ADITYA LOOMBA

    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.

  • S S Kothari Mehta & Co. LLPPeer-review certificate valid to Aug 2028
1 earlier auditor
  • SS KOTHARI MEHTA & COMPANYNamed 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.

Ecos (India) Mobility & Hospitality 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.Ecos (India) Mobility & Hospitality dividend history

Annual general meeting, 21 Sep 2026

50,295 shareholders on the register on 14 Sep 2026; present: 5 promoters and 47 others; votes counted by DEEPAK KUKREJA / M/s DMK Associates.The company's voting result (opens in a new tab)

  1. (a) To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026 together with the Reports of the Board of Directors and Auditors thereon. (b) To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026 together with the Report of the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 22.16%

    Turnout: all 80.39% · promoters 100.00% · institutions 92.76% · other public 0.05%

  2. To appoint a director in place of Mr. Rajesh Loomba (DIN: 00082353), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.25% · other public 31.13%

    Turnout: all 80.39% · promoters 100.00% · institutions 92.76% · other public 0.05%

  3. To declare the final dividend of Rs. 2.38 per equity share for the financial year 2025-26
    Ordinary
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 44.88%

    Turnout: all 80.39% · promoters 100.00% · institutions 92.76% · other public 0.05%

  4. Alteration of Object Clause of the Memorandum of Association of the Company.
    Special
    97.65% for2.35% against

    Against: promoters 0.00% · institutions 14.94% · other public 61.48%

    Turnout: all 80.39% · promoters 100.00% · institutions 92.76% · other public 0.05%

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 Nov 2025, 1 resolution

49,099 shareholders on the register on 3 Oct 2025; votes counted by Deepak Kukreja / Deepak Kukreja & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Independent Director Ms. Vandana Chamaria
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 82.25% · promoters 100.00% · institutions 76.01% · other public 8.49%

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, 16 Sep 2025, 5 resolutions

49,702 shareholders on the register on 9 Sep 2025; present: 4 promoters and 49 others; votes counted by Deepak Kukreja / DMK ASSOCIATES.The company's voting result (opens in a new tab)

  1. (a) To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2025 together with the Reports of the Board of Directors and Auditors thereon. (b) To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 together with the Report of the Auditors thereon.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.15% · other public 0.00%

    Turnout: all 87.01% · promoters 100.00% · institutions 78.62% · other public 37.02%

  2. To declare final dividend of INR 2.40 per equity share for the financial year ended 31st March 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 87.01% · promoters 100.00% · institutions 78.62% · other public 37.02%

  3. To appoint a director in place of Mr. Aditya Loomba (DIN: 00082331), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    96.83% for3.17% against

    Against: promoters 0.00% · institutions 19.97% · other public 0.00%

    Turnout: all 87.00% · promoters 100.00% · institutions 78.62% · other public 36.97%

  4. Appointment of MS. DMK Associates, Practising Company Secretaries as Secretarial Auditors of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 87.00% · promoters 100.00% · institutions 78.62% · other public 36.97%

  5. Approval of Payment of Remuneration to the Executive Directors of the Company
    SpecialPromoters have an interest in it
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 3.05% · other public 0.13%

    Turnout: all 87.01% · promoters 100.00% · institutions 78.62% · other public 37.02%

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 Feb 2025, 1 resolution

51,786 shareholders on the register on 10 Jan 2025; votes counted by Deepak Kukreja / Deepak Kukreja & Associates.The company's voting result (opens in a new tab)

  1. RATIFICATION OF ECOS EMPLOYEE STOCK OPTION PLAN, 2024
    Special
    85.65% for14.35% against

    Against: promoters 0.00% · institutions 89.33% · other public 0.03%

    Turnout: all 87.20% · promoters 100.00% · institutions 74.41% · other public 40.51%

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 11 Nov 2025, 6 fund houses

  • Appointment of Independent Director Ms. Vandana Chamaria
    6 for0 against

Mutual fund votes, meeting of 16 Sep 2025, 6 fund houses

  • (a) To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2025 together with the Reports of the Board of Directors and Auditors thereon. (b) To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 together with the Report of the Auditors thereon.MoreLess
    Against PGIM India Mutual Fund
    • PGIM India Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of subsidiary company.
    5 for1 against
  • To declare final dividend of INR 2.40 per equity share for the financial year ended 31st March 2025.
    6 for0 against
  • To appoint a director in place of Mr. Aditya Loomba (DIN: 00082331), who retires by rotation and being eligible, offers himself for re-appointment.
    Against Franklin Templeton Mutual Fund
    • Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because Aditya Loomba has failed to attend at least 75 percent of board meetings in the most recent fiscal year, without a satisfactory explanation.
    5 for1 against
  • Appointment of MS. DMK Associates, Practising Company Secretaries as Secretarial Auditors of the Company.
    6 for0 against
  • Approval of Payment of Remuneration to the Executive Directors of the Company
    Against Edelweiss Mutual Fund, PGIM India Mutual Fund
    • Edelweiss Mutual Fund, PGIM India Mutual FundCompliant with law. Governance concern: Combined position of Executive Director and Chairman, may lead to concentration of power in the hands of single individual.
    4 for2 against
1 earlier meeting

Mutual fund votes, meeting of 15 Feb 2025, 8 fund houses

  • RATIFICATION OF ECOS EMPLOYEE STOCK OPTION PLAN, 2024
    Against Bandhan Mutual Fund, Franklin Templeton Mutual Fund, Invesco Mutual Fund, Nippon India Mutual Fund, PGIM India Mutual Fund
    • Bandhan Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations: Compensation Committee/NRC being given the discretion to determine the exercise price; Maximum Vesting Period not disclosed; Separate approval not proposed for extension of scheme to the employees of the subsidiary companies. Transparency Concern: Lack of clarity regarding the maximum options to per employee limit; Not clear as to what “0.1%” is linked to.
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because: • The scheme provides flexibility for grant of stock options with an exercise price, at a discount to the market price, on the grant date. • The company has not disclosed the maximum period for vesting of the options.
    • Invesco Mutual FundUnder the ESOP 2024, 1,855,670 options could be granted: the company has not disclosed the number of shares that these options will be convertible into. Further, the maximum vesting period has not been disclosed as it will be specified in the letter of grant. The exercise price is at the discretion of the Nomination and Remuneration Committee (NRC). The vesting criteria could either be time-based and/or performance-based (linked to certain performance milestones) or a mix of both, as determined by the NRC. The exercise price is at the discretion of the NRC and could be as low as the face value of the shares. We do not favour ESOP schemes where options are granted at a discount of more than 20% to the market price and where there is no clarity on the performance metrics including the performance targets for each metric. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to the market price. Such practices do not align the interests of investors and employees. Given the lack of clarity on the exercise price, vesting criteria and maximum vesting period, we are unable to support the resolution
    • Nippon India Mutual FundLack of Clarity
    • PGIM India Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations: Compensation Committee/NRC being given the discretion to determine the exercise price; Maximum Vesting Period not disclosed; Separate approval not proposed for extension of scheme to the employees of the subsidiary companies. Transparency Concern: Lack of clarity regarding the maximum options to per employee limit; Not clear as to what 0.1% is linked to.
    3 for5 against

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

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

At most 1 complaint open, quarter to Dec 2024.
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

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.