Glottis MD, chairman, board of directors and AGM
NSE: GLOTTISBSE: 544557Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹50.40.
- 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.
- ₹488 Cr1,836th 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 10 Aug 2026
- 13.4
- 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 25 May 2026
- 1.7
- 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 latest balance sheet's; the one a year before is not on record. The filing of 10 Aug 2026
- 13.0%
- 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 10 Aug 2026
- 13.5%
- 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 25 May 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,06,22919.6% delivered
Glottis board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorRAMKUMAR SENTHILVEL
- Managing directorKUTTAPPAN MANIKANDAN
- Company Secretary and Compliance OfficerNibedita Panda
6 directors3 independent2 executive1 non-executive
- RAMKUMAR SENTHILVEL · Chairperson and managing directorExecutive · joined Apr 2022 · reappointed May 2024 · 54 months as independent · 1 listed board · 1 committee seat
- KUTTAPPAN MANIKANDAN · Managing directorExecutive · joined Apr 2022 · reappointed May 2024 · 54 months as independent · 1 listed board · 2 committee seats
- VIJAYA KUMARPARTHA SARATHY · Shareholder DirectorIndependent · joined Aug 2024 · reappointed Sep 2024 · 26 months as independent · 1 listed board · 1 as independent · 1 committee seat
- ARUNA SUBBARAMAN · Shareholder DirectorIndependent · joined May 2024 · reappointed May 2024 · 29 months as independent · 1 listed board · 1 as independent · 4 committee seats, 1 as chair
- NAVEEN MEHTA · Shareholder DirectorIndependent · joined May 2024 · reappointed May 2024 · 29 months as independent · 1 listed board · 1 as independent · 4 committee seats, 1 as chair
- THIRUMAZHISAI PUTTAM SHRIDARNon-executive · joined Feb 2024 · reappointed Feb 2024 · 32 months as independent · 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 10 Aug 20266 of 6 present3 independent
- 3 Jul 20266 of 6 present3 independent
- 25 May 20265 of 6 present3 independent
Audit Committee
Chair NAVEEN MEHTA
ARUNA SUBBARAMAN, VIJAYA KUMARPARTHA SARATHY, KUTTAPPAN MANIKANDAN
- 10 Aug 20264 of 4 present3 independent
- 3 Jul 20264 of 4 present3 independent
- 25 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair VIJAYA KUMARPARTHA SARATHY
ARUNA SUBBARAMAN, NAVEEN MEHTA, THIRUMAZHISAI PUTTAM SHRIDAR
- 25 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair ARUNA SUBBARAMAN
NAVEEN MEHTA, KUTTAPPAN MANIKANDAN, RAMKUMAR SENTHILVEL
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair VIJAYA KUMARPARTHA SARATHY
KUTTAPPAN MANIKANDAN, THIRUMAZHISAI PUTTAM SHRIDAR, RAMKUMAR SENTHILVEL
- 10 Aug 20264 of 4 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 Mar 2026.
- C N G S N & Associates LLPPeer-review certificate valid to Jan 2029
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.
Glottis 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.Glottis share news and announcements
Annual general meeting, 28 Sep 2026
61,618 shareholders on the register on 21 Sep 2026; present: 4 promoters and 31 others; votes counted by Jayashree S Iyer / M/s. Jayashree S Iyer and Associates.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2026, together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.94%
Turnout: all 74.33% · promoters 100.00% · institutions 1.84% · other public 0.29%
- To appoint Director in place of Mr. Kuttappan Manikandan, Managing Director (DIN: 07754137), who retires by rotation and being eligible, offers himself for re-appointment and in this regardOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.66%
Turnout: all 74.33% · promoters 100.00% · institutions 1.84% · other public 0.29%
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.
Fines, tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtGLOTTIS LOGISTICS SDN. BHD.Since 7 Sep 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Fine or penaltyIncome Tax DepartmentSince 25 Aug 2026₹20,000
Order under section 272A(1)(d) of the Income Tax Act, 1961
non-compliance to the statutory notices u/s 142(1) - Tax disputeGlottis LimitedSince 17 Mar 2025Ongoing (The Company has filed its the reply on 11-04-2025)At the filing before: ongoing
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
- 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
- Yes
- 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.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount |
|---|---|---|---|---|---|---|
| Public IssuesOct 2025, checked by Crisil Ratings Limited | 160.00 | Capital Expenditure | 132.54 | 44.93 | No | |
| Public IssuesOct 2025, checked by Crisil Ratings Limited | 160.00 | General Corporate Purposes | 12.79 | 12.79 | No | 0.13 |
| Public IssuesOct 2025, checked by Crisil Ratings Limited | 160.00 | Issue Expenses | 14.67 | 14.67 | No | 0.13 |