Gayatri Highways logo

Gayatri Highways MD, chairman, board of directors and AGM

NSE: GAYAHWSBSE: 541546Transport InfrastructureSmall Cap

Last close ₹1.64down ₹0.08 (4.65%)BSE ₹1.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹1.72.

52-week range of traded prices to 23 Oct 2026
₹1.63Low, 22 Oct 2026₹4.47High, 10 Nov 2025
Market cap
₹39 Cr3,345th largest listed
P/E
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Assets held for saleon the latest balance sheet
ROCE
Assets held for saleon the latest balance sheet
Debt to equity
Assets held for saleon the latest balance sheet
Volume, NSE
1,05,80781.1% delivered

Gayatri Highways 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

  • ChairpersonMVNARASIMHARAO
  • Company Secretary and Compliance OfficerP RAJ KUMAR

6 directors6 independent

  • MVNARASIMHARAO · ChairpersonIndependent · joined Feb 2018 · reappointed Feb 2023 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • GJAGANNADHARAOIndependent · joined Feb 2018 · reappointed Feb 2023 · 60 months as independent · 1 listed board · 1 as independent · 3 committee seats
  • PLAXMIIndependent · joined Feb 2018 · reappointed Feb 2023 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • KRISHNAMURTHYCHATURVEDIIndependent · joined Feb 2020 · reappointed Feb 2025 · 60 months as independent · 1 listed board · 1 as independent · 6 committee seats, 4 as chair
  • DESINABALARAMAKRISHNAIndependent · joined Aug 2020 · reappointed Aug 2025 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • VENKATASINDHUJAPOTHAPRAGADAIndependent · joined Aug 2020 · reappointed Aug 2025 · 60 months as independent · 1 listed board · 1 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.

Committees and meetings

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

  • Board

    • 25 May 20266 of 6 present6 independent · 41 days in between
    • 13 Apr 20266 of 6 present6 independent · 59 days in between
    • 12 Feb 20266 of 6 present6 independent

  • Audit Committee

    Chair MVNARASIMHARAO

    PLAXMI, GJAGANNADHARAO

    • 25 May 20263 of 3 present3 independent · 41 days in between
    • 13 Apr 20263 of 3 present3 independent · 59 days in between
    • 12 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair GJAGANNADHARAO

    PLAXMI, MVNARASIMHARAO

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair PLAXMI

    MVNARASIMHARAO, GJAGANNADHARAO

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair MVNARASIMHARAO

    PLAXMI, GJAGANNADHARAO

    No meeting listed in the filing.

  • SHARETRANSFERCOMMITTEE

    Chair PLAXMI

    MVNARASIMHARAO, GJAGANNADHARAO

    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.

  • M/s. PRSV & Co LLPPeer-review certificate valid to Sep 2027

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.

Gayatri Highways 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.Gayatri Highways share news and announcements

Annual general meeting, 29 Sep 2026

54,617 shareholders on the register on 22 Sep 2026; present: 3 promoters and 53 others; votes counted by CN KRANTHI KUMAR / CN KRANTHI KUMAR.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements (including the Consolidated Financial Statements) of the Company for the Financial Year ended 31st March, 2026 together with the Boards Report and Auditors Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 61.21% · promoters 99.93% · institutions 0.00% · other public 0.26%

  2. To approve the appointment of M/s. PPKG & Co., Chartered Accountants (Firm Registration No. 009655S), as Statutory Auditors of the Company to fill casual vacancy caused by resignation of the existing Statutory Auditors.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 61.21% · promoters 99.93% · institutions 0.00% · other public 0.26%

  3. To appoint M/s. PPKG & Co., Chartered Accountants (Firm Registration No. 009655S), as Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 61.21% · promoters 99.93% · institutions 0.00% · other public 0.26%

  4. Approval for Material Related Party Transaction for entering loan transaction for up to an amount of Rs.150 Crores with Gayatri Projects Limited (GPL).
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 0.10% · promoters 0.00% · institutions 0.00% · other public 0.26%

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, 20 May 2026, 3 resolutions

54,132 shareholders on the register on 15 Apr 2026; votes counted by CN KRANTHI KUMAR / CN KRANTHI KUMAR.The company's voting result (opens in a new tab)

  1. Approval for Material Related Party Transaction with HKR Roadways Limited, Associate Company for alteration / modification / amendment / varying of the terms and conditions of the Cumulative Redeemable Preference Shares and waiver of redemption premium amount receivable up to an amount of Rs.150 Crores on such shares held by the Company in HKR Roadways LimitedMoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.49%

    Turnout: all 25.84% · promoters 42.06% · institutions 0.00% · other public 0.33%

  2. Approval for Material Related Party Transaction for entering loan transaction for up to an amount of Rs.50 Crores with Gayatri Jhansi Roadways Limited, Subsidiary Company
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.77%

    Turnout: all 25.84% · promoters 42.06% · institutions 0.00% · other public 0.33%

  3. Approval for Material Related Party Transaction for entering loan transaction for up to an amount of Rs.50 Crores with Gayatri Lalitpur Roadways Limited, Subsidiary Company
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.77%

    Turnout: all 25.84% · promoters 42.06% · institutions 0.00% · other public 0.33%

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.

Postal ballot, 18 Jan 2026, 3 resolutions

53,631 shareholders on the register on 12 Dec 2025; votes counted by CN KRANTHI KUMAR / CN KRANTHI KUMAR.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction(s) between Gayatri Highways Limited and Gayatri Jhansi Roadways Limited, Subsidiary Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 25.91% · promoters 42.06% · institutions 0.00% · other public 0.52%

  2. Approval of Material Related Party Transaction(s) between Gayatri Highways Limited and Gayatri Lalitpur Roadways Limited, Subsidiary Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 25.91% · promoters 42.06% · institutions 0.00% · other public 0.52%

  3. Approval of Material Related Party Transaction(s) between Gayatri Highways Limited and HKR Roadways Limited, Associate Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 25.91% · promoters 42.06% · institutions 0.00% · other public 0.52%

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, 29 Sep 2025, 4 resolutions

46,286 shareholders on the register on 22 Sep 2025; present: 0 promoters and 61 others; votes counted by CN KRANTHI KUMAR / CN KRANTHI KUMAR.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements (including the Consolidated Financial Statements) of the Company for the Financial Year ended 31st March, 2025 together with the Boards Report and Auditors Report thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 19.53% · promoters 31.85% · institutions 0.00% · other public 0.15%

  2. Re-appointment of Mr. Desina Balarama Krishna (DIN: 08846055) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.68%

    Turnout: all 19.53% · promoters 31.85% · institutions 0.00% · other public 0.15%

  3. Re-appointment of Ms. Venkata Sindhuja Pothapragada (DIN: 08852765) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.68%

    Turnout: all 19.53% · promoters 31.85% · institutions 0.00% · other public 0.15%

  4. Appointment of M/s. V. Shankar & Co., Company Secretaries as Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 19.53% · promoters 31.85% · institutions 0.00% · other public 0.15%

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, 5 Jan 2025, 2 resolutions

41,586 shareholders on the register on 29 Nov 2024; votes counted by V. Shankar / V. Shankar & Co..The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transaction(s) between Gayatri Highways Limited and HKR Roadways Limited, an associate Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 32.11% · promoters 52.32% · institutions 0.00% · other public 0.33%

  2. Approval for Relinquishment of Rights held by the Company in Sai Maatarini Tollways Limited (SMTL), a Material Subsidiary of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.37%

    Turnout: all 32.11% · promoters 52.32% · institutions 0.00% · other public 0.33%

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, 26 Sep 2024, 3 resolutions

Present: 1 promoter and 69 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2024 and the Board’s Report and Auditor’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 35.26% · promoters 57.42% · institutions 0.00% · other public 0.42%

  2. Re-appointment of Mr. Krishnamurthy Chaturvedi (DIN:08661228) as an Independent Director of the Company
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.31%

    Turnout: all 35.26% · promoters 57.42% · institutions 0.00% · other public 0.42%

  3. Approval to continue the appointed tenure and directorship as Non-Executive (Independent Director) by Mr. Krishnamurthy Chaturvedi (DIN:08661228) as per Regulation 17(1A) of the SEBI (LODR) Regulations, 2015MoreLess
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.19%

    Turnout: all 35.26% · promoters 57.42% · institutions 0.00% · other public 0.42%

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, 29 Sep 2023, 1 resolution

Present: 2 promoters and 65 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the Finacial Year ended 31st March, 2023 and the Board’s Report and Auditor’s Report thereon.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.38%

    Turnout: all 35.31% · promoters 57.42% · institutions 0.00% · other public 0.58%

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 Sep 2022, 5 resolutions

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

  1. To receive, consider and adopt the audited financial Statements (including the consolidated financial Statements) of the Company for the year ended 31st March, 2022 and the Board’s Report and Auditor’s Report thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.98%

    Turnout: all 61.18% · promoters 99.93% · institutions 0.00% · other public 0.20%

  2. Appointment of Statutory Auditors and fix their remuneration
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.08%

    Turnout: all 61.18% · promoters 99.93% · institutions 0.00% · other public 0.20%

  3. Re-appointment of Mr. Venkata Narasimha Rao Mysore (DIN: 06761474) as an Independent Director of the Company
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 29.10%

    Turnout: all 61.18% · promoters 99.93% · institutions 0.00% · other public 0.20%

  4. Re-appointment of Mr. Jagannadha Rao Gavara (DIN: 01059819) as an Independent Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 29.10%

    Turnout: all 61.18% · promoters 99.93% · institutions 0.00% · other public 0.20%

  5. Re-appointment of Mrs. Laxmi Pamarthy (DIN: 08051632) as an Independent Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 29.10%

    Turnout: all 61.18% · promoters 99.93% · institutions 0.00% · other public 0.20%

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.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeIncome Tax AuthoritiesSince 2 Mar 2026
    The Company has filed an appeal against Income Tax Authorities challenging the assessment order.
    At the filing before: The Demand Order received from Income Tax Authorities for an amount of Rs. 40,39,680/- for the Assessment Year 2018-19. The assessment order disallows certain expenditures by reclassifying them as capital in nature, thereby reducing our carryforward losses. Additionally, there is a computational error in the demand: interest under Section 234C has been charged despite the absence of any actual tax liability.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
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.