GHV Infra Projects MD, chairman, board of directors and AGM
BSE: 505504ConstructionSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹239.40.
- 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.
- ₹1,953 Cr1,185th 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 22 Oct 2026
- 34.9
- 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. The filing of 22 Oct 2026
- 9.6
- 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 22 Oct 2026
- 37.3%
- 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 22 Oct 2026
- 19.7%
- 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 Sep 2026. The filing of 22 Oct 2026
- 2.03
- Volume, BSEVolume. Shares traded on the last trading day.
- 38,099
GHV Infra Projects 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
- Chairperson and managing directorAJAY HANS
- Company Secretary and Compliance OfficerDaksh Tulsibhai Mewada
6 directors3 independent2 executive1 non-executive
- AJAY HANS · Chairperson and managing directorExecutive · joined Aug 2024 · 1 listed board · 1 committee seat
- REBY THOMAS ELSANExecutive · joined Jun 2024 · 1 listed board · 2 committee seats
- SHIVRUDRAPPA ANANDAPPA HANJAGENon-executive · joined Aug 2024 · 1 listed board
- KAVITA AKSHAY CHHAJERIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 5 as chair
- SAMRATHDAN ZULAIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 1 listed board · 1 as independent
- RAVI KUMAR SETHIndependent · joined Jul 2025 · reappointed Jul 2025 · 11 months as independent · 3 listed boards · 3 as independent · 3 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
- 22 May 20265 of 6 present3 independent · 97 days in between
- 13 Feb 20266 of 6 present3 independent
Audit Committee
Chair SAMRATHDAN ZULA
KAVITA AKSHAY CHHAJER, REBY THOMAS ELSAN, RAVI KUMAR SETH
- 22 May 20263 of 4 present3 independent · 66 days in between
- 13 Feb 20264 of 4 present3 independent · 31 days in between
Nomination and remuneration committee
Chair SAMRATHDAN ZULA
KAVITA AKSHAY CHHAJER, SHIVRUDRAPPA ANANDAPPA HANJAGE, RAVI KUMAR SETH
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KAVITA AKSHAY CHHAJER
AJAY HANS, REBY THOMAS ELSAN
- 13 Feb 20263 of 3 present2 independent
Executive Committee
Chair AJAY HANS
REBY THOMAS ELSAN, KAVITA AKSHAY CHHAJER
- 24 Jun 20263 of 3 present1 independent · 4 days in between
- 19 Jun 20263 of 3 present1 independent · 19 days in between
- 30 May 20263 of 3 present1 independent · 2 days in between
- 27 May 20263 of 3 present1 independent · 14 days in between
9 earlier meetings
- 12 May 20263 of 3 present1 independent · 7 days in between
- 4 May 20263 of 3 present1 independent · 3 days in between
- 30 Apr 20263 of 3 present1 independent · 7 days in between
- 22 Apr 20263 of 3 present1 independent · 12 days in between
- 9 Apr 20263 of 3 present1 independent · 2 days in between
- 6 Apr 20263 of 3 present1 independent
- 16 Mar 20263 of 3 present1 independent · 5 days in between
- 10 Mar 20263 of 3 present1 independent · 24 days in between
- 12 Jan 20263 of 3 present1 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.
- Manubhai & Shah LLPPeer-review certificate valid to Feb 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.
GHV Infra Projects 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.GHV Infra Projects share news and announcements
Annual general meeting, 25 Sep 2026
4,605 shareholders on the register on 18 Sep 2026; present: 2 promoters and 15 others; votes counted by Hitesh Kothari / Kothari H. & Associates.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (including the audited Consolidated Financial Statements) for the Financial Year ended March 31, 2026 and the Reports of Board and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
- To appoint a director in place of Mr. Shivrudrappa Anandappa Hanjage (DIN: 08525894) who retires by rotation and being eligible offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
- To Ratify the Remuneration payable to Cost Auditor for the Financial Year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
- To Appoint Mr. Dhanraj Onduji Tawade (DIN:02911849) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
- To Appoint Mr. Manoj Aggarwal (DIN:07189255) as an Independent Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
- To Appoint Mr. Swarup Dasgupta (DIN:09138124) as an Independent Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
- Reclassification of person forming part of the 'Promoter' category to 'Public' categoryOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.33% · promoters 91.90% · institutions 0.00% · other public 3.73%
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.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtGHV INFRA Inc.Since 5 May 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Unlisted stake heldGHV INFRA FZ-LLCSince 16 Apr 2026
0.00% bought in the quarter; holding 100.00%, from 100.00%
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
- No
- 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.
How money raised was used
Reported for the quarter to Sep 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesAug 2025, checked by Acuite Rating and Research Limited | 48.50 | – | – | No |