Garnet Construction logo

Garnet Construction MD, chairman, board of directors and AGM

BSE: 526727RealtySmall Cap

Last close ₹43.21down ₹0.59 (1.35%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹43.80.

52-week range of traded prices to 23 Oct 2026
₹43.00Low, 23 Oct 2026₹116.00High, 18 Feb 2026
Market cap
₹60 Cr2,817th largest listed
P/E
3.0
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
16.5%
ROCE
16.5%
Debt to equity
0.06
Volume, BSE
3,996

Garnet Construction 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

  • ChairpersonArun Kedia
  • Company Secretary and Compliance OfficerNeha Verma

6 directors3 independent2 executive1 non-executive

  • Arun Kedia · ChairpersonExecutive · joined Oct 2016 · 1 listed board
  • Sanjay KediaExecutive · joined Oct 2016 · 1 listed board
  • Sirya Vakil SiddiquiIndependent · joined Apr 2020 · reappointed Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Jitendra JadhavIndependent · joined Jun 2019 · reappointed Sep 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Akash KambleIndependent · joined Sep 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 3 as chair
  • Chahat KediaNon-executive · joined Mar 2026 · 1 listed board

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.

2 directors who left
  • Kishan Kumar Kedia, left 22 Feb 2026: Others
  • Shiromani Chauhan, left 30 May 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 30 May 20266 of 6 present3 independent · 69 days in between
    • 21 Mar 20266 of 6 present3 independent · 34 days in between
    • 14 Feb 20266 of 6 present3 independent · 27 days in between
    • 17 Jan 20266 of 6 present0 independent
  • Audit Committee

    Chair Akash Kamble

    Jitendra Jadhav, Sirya Vakil Siddiqui

    • 30 May 20263 of 3 present3 independent · 104 days in between
    • 14 Feb 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair Akash Kamble

    Jitendra Jadhav, Sirya Vakil Siddiqui

    • 30 May 20263 of 3 present3 independent
    • 14 Feb 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair Akash Kamble

    Jitendra Jadhav, Sirya Vakil Siddiqui

    • 30 May 20263 of 3 present3 independent
    • 14 Feb 20263 of 3 present3 independent
  • Corporate Social Responsibility Committee

    Chair Jitendra Jadhav

    Akash Kamble, Sirya Vakil Siddiqui

    • 30 May 20263 of 3 present3 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 Jun 2026.

  • M/s 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.

Garnet Construction 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.Garnet Construction share news and announcements

Annual general meeting, 30 Sep 2026

5,960 shareholders on the register on 23 Sep 2026; present: 2 promoters and 176 others; votes counted by NEETU MAHESHWARI / MAHESHWARI NEETU & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026 together with Reports of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.86% · promoters 100.00% · institutions 0.00% · other public 14.38%

  2. Re-appointment of Mr. Arun Kedia (DIN 002051), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.86% · promoters 100.00% · institutions 0.00% · other public 14.38%

  3. Regularization of Ms. Chahat Sanjaykumar Kedia holding DIN 11621550 who was appointed as additional director as Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.86% · promoters 100.00% · institutions 0.00% · other public 14.38%

  4. Appointment Mr. Arunkumar Kedia (DIN: 00205183) as Managing Director of the Company for a term of 5 years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 66.86% · promoters 100.00% · institutions 0.00% · other public 14.38%

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.