Energy Development Company logo

Energy Development Company MD, chairman, board of directors and AGM

NSE: ENERGYDEVBSE: 532219PowerSmall Cap

Last close ₹12.79down ₹0.79 (5.82%)BSE ₹13.22

Share price at the NSE close on 23 Oct 2026. Previous close ₹13.58.

52-week range of traded prices to 23 Oct 2026
₹12.65Low, 12 Oct 2026₹29.69High, 19 Nov 2025
Market cap
₹61 Cr3,075th largest listed
P/E
Lossover the last 12 months
P/B
15.5
Dividend yield
Nonein the last 12 months
ROE
−94.0%
ROE without one-offs
49.7%
ROCE
10.9%
Volume, NSE
36,94072.7% delivered

Energy Development Company board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonNitin Dutt Sharma
  • Company SecretarySNEHA NAREDI

7 directors3 independent1 executive3 non-executive

  • PANKAJA KUMARI SINGHNon-executive · joined Feb 1996 · 1 listed board · 1 committee seat, 1 as chair
  • DISHA KUMAR SINGHNon-executive · joined May 2023 · 1 listed board
  • Satyendra Pal SinghExecutive · joined Feb 2021 · reappointed Jan 2025 · 1 listed board · 3 committee seats
  • Aman JainIndependent · joined Jun 2020 · reappointed Jun 2025 · 75 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Dharm Vir SharmaIndependent · joined Aug 2023 · 38 months as independent · 1 listed board · 1 as independent
  • Nitin Dutt Sharma · ChairpersonNon-executive · joined Aug 2024 · 1 listed board
  • VANDANAIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 4 committee seats

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

    • 10 Aug 20267 of 7 present3 independent · 73 days in between
    • 28 May 20267 of 7 present3 independent

  • Audit Committee

    Chair Aman Jain

    VANDANA, PANKAJA KUMARI SINGH

    • 10 Aug 20263 of 3 present2 independent · 73 days in between
    • 28 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair VANDANA

    Aman Jain, PANKAJA KUMARI SINGH

    • 10 Aug 20263 of 3 present2 independent · 73 days in between
    • 28 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair PANKAJA KUMARI SINGH

    Aman Jain, VANDANA, Satyendra Pal Singh

    • 10 Aug 20264 of 4 present2 independent · 73 days in between
    • 28 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.

  • A L P S and CO.No peer-review certificate stated
2 earlier auditors
  • A L P S &CONamed in the filing for the quarter to Sep 2025
  • A L P S & CoNamed 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.

Energy Development Company 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.Energy Development Company dividend history

Annual general meeting, 26 Sep 2026

36,803 shareholders on the register on 19 Sep 2026; present: 2 promoters and 37 others; votes counted by SWEETY SHARMA / SWEETY SHARMA.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the Audited Standalone Financial Statements for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements for the financial year ended March 31, 2026 together with the Report of the Auditors thereon.MoreLess
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 1.44% · promoters 0.79% · institutions 0.00% · other public 2.34%

  2. To appoint a Director in place of Ms. Disha Kumari Singh (DIN: 09092385), who retires by rotation at this Annual General Meeting and, being eligible, has offered herself for re-appointment.
    Ordinary
    99.83% for0.17% against

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

    Turnout: all 1.44% · promoters 0.79% · institutions 0.00% · other public 2.34%

  3. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2027.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 1.44% · promoters 0.79% · institutions 0.00% · other public 2.34%

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, 27 Sep 2025, 5 resolutions

37,669 shareholders on the register on 20 Sep 2025; present: 1 promoter and 39 others; votes counted by SWEETY SHARMA / SWEETY SHARMA.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025 along with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.98% for0.02% against

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

    Turnout: all 2.87% · promoters 0.79% · institutions 0.00% · other public 5.76%

  2. To appoint a Director in place of Mrs. Pankaja Kumari Singh (DIN: 00199454), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
    Ordinary
    81.26% for18.74% against

    Against: promoters 0.00% · institutions 0.00% · other public 22.32%

    Turnout: all 2.87% · promoters 0.79% · institutions 0.00% · other public 5.76%

  3. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2026
    Ordinary
    99.98% for0.02% against

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

    Turnout: all 2.87% · promoters 0.79% · institutions 0.00% · other public 5.76%

  4. To appoint Ms. Sweety Sharma, Practising Company Secretary as Secretarial Auditor of the Company.
    Ordinary
    83.89% for16.11% against

    Against: promoters 100.00% · institutions 0.00% · other public 0.06%

    Turnout: all 2.87% · promoters 0.79% · institutions 0.00% · other public 5.76%

  5. To Re-appoint Mr. Aman Jain (DIN: 08187995) as an Independent Director for the 2nd consecutive term of 5 years.
    Special
    82.68% for17.32% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.63%

    Turnout: all 2.87% · promoters 0.79% · institutions 0.00% · other public 5.76%

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, 8 resolutions

Present: 1 promoter and 57 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2024 along with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  2. To appoint a Director in place of Ms. Disha Kumari Singh (DIN: 09092385), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  3. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2025.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  4. To appoint Mr. Prakash Chandra Gupta (DIN: 02995984) as an Independent Director.
    Special
    22.19% for77.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 97.59%

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  5. To appoint Ms. Neha Purohit (DIN: 07956781) as an Independent Director.
    Special
    1.93% for98.07% against

    Against: promoters 100.00% · institutions 0.00% · other public 97.58%

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  6. To appoint Ms. Vandana (DIN: 10727940) as an Independent Director.
    Special
    79.73% for20.27% against

    Against: promoters 100.00% · institutions 0.00% · other public 0.01%

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  7. To appoint Mr. Nitin Dutt Sharma (DIN: 09446669) as a Non-executive Director.
    Special
    79.73% for20.27% against

    Against: promoters 100.00% · institutions 0.00% · other public 0.01%

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

  8. To re-appoint Mr. Satyendra Pal Singh (DIN: 01055370) as an Executive Director of the Company.
    Special
    79.72% for20.28% against

    Against: promoters 100.00% · institutions 0.00% · other public 0.01%

    Turnout: all 2.27% · promoters 0.79% · institutions 0.00% · other public 4.33%

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 2023, 3 resolutions

Present: 0 promoters and 40 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2023 along with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 10.35% · promoters 17.13% · institutions 0.00% · other public 0.94%

  2. To appoint a Director in place of Mrs. Pankaja Kumari Singh (DIN: 00199454), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.06%

    Turnout: all 10.35% · promoters 17.13% · institutions 0.00% · other public 0.94%

  3. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 10.35% · promoters 17.13% · institutions 0.00% · other public 0.94%

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.

Extraordinary general meeting, 29 Aug 2023, 2 resolutions

Present: 0 promoters and 32 others.The company's voting result (opens in a new tab)

  1. To appoint Ms. Disha Kumari Singh (DIN: 09092385) as a Non-executive Director.
    OrdinaryPromoters have an interest in it
    96.03% for3.97% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.97%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.13%

  2. To appoint Mr. Dharam Veer Sharma (DIN: 01363759) as an Independent Director.
    Special
    96.03% for3.97% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.97%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.13%

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 2022, 6 resolutions

Present: 0 promoters and 71 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2022 along with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.98% for0.02% against

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

    Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 12.21%

  2. To appoint a Director in place of Mrs. Pankaja Kumari Singh (DIN: 00199454), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
    Ordinary
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 12.21%

  3. To re-appoint statutory Auditors and authorise the Board to fix remuneration.
    Ordinary
    99.98% for0.02% against

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

    Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 12.21%

  4. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2023.
    Ordinary
    99.98% for0.02% against

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

    Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 12.21%

  5. To appoint Ms. Disha Kumari Singh (DIN: 09092385) as a Non-executive Director.
    OrdinaryPromoters have an interest in it
    79.72% for20.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.27%

    Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 12.21%

  6. To re-appoint Mr. Satyendra Pal Singh (DIN: 01055370) as an Executive Director.
    Special
    79.77% for20.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.23%

    Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 12.21%

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 2021, 6 resolutions

Present: 3 promoters and 74 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2021 along with the Reports of the Board of Directors and Auditors thereon.nnMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 44.40% · promoters 66.47% · institutions 0.00% · other public 13.75%

  2. To appoint a Director in place of Mrs. Pankaja Kumari Singh (DIN: 00199454), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 44.40% · promoters 66.47% · institutions 0.00% · other public 13.75%

  3. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2022.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 44.40% · promoters 66.47% · institutions 0.00% · other public 13.75%

  4. To appoint Mr. Satyendra Pal Singh (DIN: 01055370) as a Non-executive Director.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 44.40% · promoters 66.47% · institutions 0.00% · other public 13.75%

  5. To re-appoint Mr. Vinod Kumar Sharma (DIN: 02879206) as an Executive Director.
    Special
    99.99% for0.01% against

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

    Turnout: all 44.40% · promoters 66.47% · institutions 0.00% · other public 13.75%

  6. To take approval of Material Related Party Transactions.
    SpecialPromoters have an interest in it
    76.11% for23.89% against

    Against: promoters 0.00% · institutions 0.00% · other public 23.89%

    Turnout: all 5.76% · promoters 0.00% · institutions 0.00% · other public 13.75%

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.

Annual general meeting, 28 Dec 2020, 7 resolutions

Present: 3 promoters and 61 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2020 along with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 36.37% · promoters 62.09% · institutions 0.00% · other public 0.65%

  2. To declare dividend for the financial year ended on March 31, 2020.
    Ordinary
    1.14% for98.86% against

    Against: promoters 100.00% · institutions 0.00% · other public 0.11%

    Turnout: all 36.52% · promoters 62.09% · institutions 0.00% · other public 0.99%

  3. To appoint a Director in place of Mrs. Pankaja Kumari Singh (DIN : 00199454), who retires by rotation at this Annual General Meeting and being eligible has offered herself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 36.52% · promoters 62.09% · institutions 0.00% · other public 0.99%

  4. To ratify the remuneration of the Cost Auditors for the financial year ending on March 31, 2021.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 36.37% · promoters 62.09% · institutions 0.00% · other public 0.65%

  5. To appoint Mr. Aman Jain (DIN: 08187995) as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 36.52% · promoters 62.09% · institutions 0.00% · other public 0.99%

  6. To appoint Mr. Vishal Sharma (DIN: 08773037) as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 36.52% · promoters 62.09% · institutions 0.00% · other public 0.99%

  7. To take approval of Material Related Party Transactions.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 0.65%

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.