- 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.
- ₹1,349 Cr1,367th 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 14 Aug 2026
- 69.8
- 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. Not shown: another business merged into the company on 30 Jun 2026, and the accounts this figure is made of do not include it yet. It returns once accounts of the company as it now is are filed.
- Mergernew accounts awaited
- 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
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,84,16686.8% delivered
Gujarat Natural Resources 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
- ChairpersonASHOK CHINUBHAI SHAHRelated to the promoter
- Managing directorSHALIN ASHOK SHAH
- Company Secretary and Compliance OfficerBarkha Lakhani
6 directors3 independent1 executive2 non-executive
- ASHOK CHINUBHAI SHAH · ChairpersonNon-executive · joined Aug 1991 · 5 listed boards · 4 committee seats
- SHALIN ASHOK SHAH · Managing directorExecutive · joined Aug 1996 · 5 listed boards · 5 committee seats, 1 as chair
- HITESHKUMAR MADHUBHAI DONGANon-executive · joined Feb 2022 · 2 listed boards
- YASH VISHWANATH BODADEIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 3 listed boards · 3 as independent
- HARSADSINH BHURUBHA RANAIndependent · joined Nov 2025 · reappointed Nov 2025 · 8 months as independent · 1 listed board · 1 as independent
- DEEPTI GHANSHYAM GAVALIIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 as chair
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.
3 directors who left
- PARAGKUMAR PRAKASHCHANDRA RAVAL, left 11 Aug 2025: Others
- ALPESH SHANTILAL SWADAS, left 22 Mar 2025: Others
- MANSI SUDHIRBHAI SHAH, left 22 Mar 2025: Others
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 · 104 days in between
- 14 Feb 20266 of 6 present3 independent · 14 days in between
- 30 Jan 20266 of 6 present3 independent
Audit Committee
Chair YASH VISHWANATH BODADE
ASHOK CHINUBHAI SHAH, DEEPTI GHANSHYAM GAVALI
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair YASH VISHWANATH BODADE
ASHOK CHINUBHAI SHAH, DEEPTI GHANSHYAM GAVALI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair YASH VISHWANATH BODADE
SHALIN ASHOK SHAH, DEEPTI GHANSHYAM GAVALI
- 30 May 20263 of 3 present2 independent · 119 days in between
- 30 Jan 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.
- GMCA & Co.Peer-review certificate valid to May 2026
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.
Gujarat Natural Resources 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.Gujarat Natural Resources dividend history
Annual general meeting, 30 Sep 2026
16,168 shareholders on the register on 23 Sep 2026; present: 6 promoters and 32 others; votes counted by Chintan Patel / Chintan K. Patel.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2026 including Audited Balance Sheet as at 31st March, 2026 and Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.69% · promoters 100.00% · institutions 0.00% · other public 36.65%
- To re-appoint Mr. Shalin Shah (DIN: 00297447), Managing Director who is liable to retire by rotation and being eligible, offers himself for re-appointment as DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.69% · promoters 100.00% · institutions 0.00% · other public 36.65%
- Approval of Sub-Division/Split of Equity Shares of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.69% · promoters 100.00% · institutions 0.00% · other public 36.65%
- To approve the Alteration of Capital Clause of Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.69% · promoters 100.00% · institutions 0.00% · other public 36.65%
- Regularization of Appointment of Mrs. Jhanvi Vikas Sethi (DIN: 08593000) as a Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.69% · promoters 100.00% · institutions 0.00% · other public 36.65%
- Entering into Material Related Party Transactions with Rhetan TMT LimitedSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 11.36% · promoters 0.00% · institutions 0.00% · other public 11.64%
- Entering into Material Related Party Transactions with Ashnisha Industries LimitedSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 11.36% · promoters 0.00% · institutions 0.00% · other public 11.64%
- Entering into Material Related Party Transactions with Lesha Industries LimitedSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 11.36% · promoters 0.00% · institutions 0.00% · other public 11.64%
- Entering into Material Related Party Transactions with Ashoka Metcast LimitedSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 11.36% · promoters 0.00% · institutions 0.00% · other public 11.64%
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
- No
- The chair is related to the managing director
- Yes
- 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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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 IssuesNov 2025 | 54.25 | Funding working capital requirements/ oil drilling activities. | 35.00 | 0.00 | No |
| Preferential IssuesNov 2025 | 54.25 | Purchase of Corporate House | 15.00 | 0.00 | No |
| Preferential IssuesNov 2025 | 54.25 | Funding expenditure for General corporate purposes. | 4.25 | 0.24 | No |