Gemstone Investments MD, chairman, board of directors and AGM
BSE: 531137Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹1.21.
- 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.
- ₹57 Cr4,529th 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 12 Aug 2026
- 49.3
- 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.
- Shares changed
- 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 average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 3.1%
- 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 12 Aug 2026
- 3.4%
- 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 28 May 2026
- 0.07
- Volume, BSEVolume. Shares traded on the last trading day.
- 47,331
Gemstone Investments 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
- ChairpersonKISHORE BODHA
- Managing directorSUDHAKAR BHAGAWATLAL GANDHI
7 directors4 independent2 executive1 non-executive
- KISHORE BODHA · ChairpersonExecutive · joined Jan 2025 · 18 months as independent · 1 listed board
- SUDHAKAR BHAGAWATLAL GANDHI · Managing directorExecutive · joined Jul 2023 · 35 months as independent · 1 listed board
- SANTOSH KUMAR DWIVEDNon-executive · joined May 2024 · reappointed Sep 2025 · 25 months as independent · 1 listed board · 2 committee seats, 1 as chair
- ROSHAN PRAKASH MAYANIIndependent · joined Sep 2023 · 34 months as independent · 1 listed board · 1 as independent
- RAJESH BABULAL MAIYANIIndependent · joined May 2021 · reappointed Sep 2025 · 62 months as independent · 1 listed board · 1 as independent · 2 committee seats
- FALGUN CHHAGANLAL SHAHIndependent · joined Apr 2021 · reappointed Sep 2025 · 64 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- DHARA CHANDULAL SHIROYAIndependent · joined Apr 2025 · 15 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.
2 directors who left
- JITEN TALAKCHAND SHAH, left 27 Apr 2026: Tenure Completion
- KIRTI DEEPAK VEKARIA, left 31 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Jun 20268 of 8 present4 independent · 9 days in between
- 19 Jun 20268 of 8 present4 independent · 10 days in between
- 8 Jun 20268 of 8 present4 independent · 3 days in between
- 4 Jun 20268 of 8 present4 independent · 5 days in between
8 earlier meetings
- 29 May 20268 of 8 present4 independent · no day in between
- 28 May 20268 of 8 present4 independent · 7 days in between
- 20 May 20267 of 7 present4 independent · 11 days in between
- 8 May 20267 of 7 present4 independent · 7 days in between
- 30 Apr 20267 of 7 present4 independent · 8 days in between
- 21 Apr 20268 of 8 present4 independent · 66 days in between
- 13 Feb 20268 of 8 present4 independent · 15 days in between
- 28 Jan 20267 of 7 present4 independent
Audit Committee
Chair FALGUN CHHAGANLAL SHAH
RAJESH BABULAL MAIYANI, SANTOSH KUMAR DWIVED
- 28 May 20263 of 3 present2 independent · 7 days in between
- 20 May 20263 of 3 present2 independent · 95 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair FALGUN CHHAGANLAL SHAH
RAJESH BABULAL MAIYANI, SANTOSH KUMAR DWIVED
- 20 May 20263 of 3 present2 independent · 28 days in between
- 21 Apr 20263 of 3 present2 independent · 82 days in between
- 28 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SANTOSH KUMAR DWIVED
RAJESH BABULAL MAIYANI, FALGUN CHHAGANLAL SHAH
- 30 Apr 20263 of 3 present2 independent · 8 days in between
- 21 Apr 20263 of 3 present2 independent · 66 days in between
- 13 Feb 20263 of 3 present2 independent
Risk Management Committee
Chair SUDHAKAR BHAGAWATLAL GANDHI
RAJESH BABULAL MAIYANI, FALGUN CHHAGANLAL SHAH
- 21 Apr 20263 of 3 present2 independent · 66 days in between
- 13 Feb 20263 of 3 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.RAGHAVENDRA RAO & ASSOCIATESPeer-review certificate valid to Sep 2027
1 earlier auditor
- Rishi Sekhri and AssociatesNamed 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.
Gemstone Investments 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.Gemstone Investments share news and announcements
Annual general meeting, 29 Sep 2026
52,586 shareholders on the register on 22 Sep 2026; present: 0 promoters and 38 others; votes counted by CS Jaymin Modi / Jaymin Modi & Co..The company's voting result (opens in a new tab)
To Receive, Consider and Approve the Audited Financial Statements consisting of Balance Sheet as at March 31, 2026 and the Statement of Profit and Loss for the year ended as on that date, together with the Board's Report and Auditor's ReportMoreLess
Ordinary99.97% for0.03% againstAgainst: other public 0.03%
Turnout: all 23.84% · other public 23.84%
- To Appoint a director in place of Mr. Santosh Kumar Dwivedi (DIN: 10617830), who retires by rotation and being eligible, offers herself for reappointment as directorOrdinary99.97% for0.03% against
Against: other public 0.03%
Turnout: all 23.84% · other public 23.84%
- To appoint Statutory Auditor of the CompanyOrdinary99.97% for0.03% against
Against: other public 0.03%
Turnout: all 23.84% · other public 23.84%
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, 16 Aug 2026, 2 resolutions
53,096 shareholders on the register on 10 Jul 2026; votes counted by AARJU AGRAWAL / M/s. Aarju Agrawal & Associates.The company's voting result (opens in a new tab)
- Appointment of M/s. A. Raghavendra Rao & Associates, Chartered Accountants (PRN: 018363 / FRN.: 003324S) as a Statutory Auditors of the CompanyOrdinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 16.47% · promoters 0.00% · institutions 0.00% · other public 16.47%
- Regularization of Appointment of Mr. Jiten Shah (DIN: 03147534) as Director (Non-Executive Director) of the CompanyOrdinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 16.47% · promoters 0.00% · institutions 0.00% · other public 16.47%
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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.