GTL Infrastructure logo

GTL Infrastructure MD, chairman, board of directors and AGM

NSE: GTLINFRABSE: 532775Telecom - ServicesSmall Cap

Last close ₹1.00₹0.00 (0.00%)BSE ₹1.01

Share price at the NSE close on 23 Oct 2026. Previous close ₹1.00.

52-week range of traded prices to 23 Oct 2026
₹0.96Low, 30 Mar 2026₹1.67High, 5 Jun 2026
Market cap
₹1,281 Cr1,268th largest listed
P/E
1.2
P/E without one-offs
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
ROCE
85.6%
Debt to equity
Net worth zero or below
Volume, NSE
6,22,16,41840.7% delivered

GTL Infrastructure 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

  • ChairpersonCharudatta Kashinath Naik
  • Company Secretary and Compliance OfficerDeepak A. Keluskar

6 directors3 independent3 non-executive

  • Charudatta Kashinath Naik · ChairpersonNon-executive · joined Feb 2004 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Dina Sanjay HatekarIndependent · joined Aug 2019 · reappointed Aug 2024 · 83 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Sunali ChaudhryNon-executive · joined Sep 2023 · reappointed Sep 2023 · 1 listed board · 1 committee seat, 1 as chair
  • Ramesh Bhagwanrao BhosaleIndependent · joined Aug 2024 · reappointed Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Dhananjay Prabhakar BarveIndependent · joined Aug 2024 · reappointed Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Jeevan Umesh RaiNon-executive · joined Sep 2024 · reappointed Sep 2024 · 1 listed board · 2 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.

2 directors who left
  • Vikas Krishanlal Arora, left 12 May 2026: Others
  • Vinod Balmukand Agarwala, left 12 Dec 2024: Others

Committees and meetings

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

  • Board

    • 12 May 20267 of 7 present3 independent · 66 days in between
    • 6 Mar 20267 of 7 present3 independent · 23 days in between
    • 10 Feb 20267 of 7 present3 independent · 35 days in between
    • 5 Jan 20267 of 7 present3 independent

  • Audit Committee

    Chair Ramesh Bhagwanrao Bhosale

    Jeevan Umesh Rai, Dina Sanjay Hatekar

    • 12 May 20263 of 3 present2 independent · 90 days in between
    • 10 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Dina Sanjay Hatekar

    Sunali Chaudhry, Ramesh Bhagwanrao Bhosale

    • 12 May 20263 of 3 present2 independent · 90 days in between
    • 10 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Sunali Chaudhry

    Dhananjay Prabhakar Barve, Jeevan Umesh Rai, Charudatta Kashinath Naik

    • 12 May 20264 of 4 present1 independent · 90 days in between
    • 10 Feb 20264 of 4 present1 independent

  • Risk Management Committee

    Chair Sunali Chaudhry

    Dina Sanjay Hatekar, Jeevan Umesh Rai

    • 12 May 20263 of 3 present1 independent · 90 days in between
    • 10 Feb 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Charudatta Kashinath Naik

    Dhananjay Prabhakar Barve, Jeevan Umesh Rai

    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.

  • CVK & AssociatesPeer-review certificate valid to Mar 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.

GTL Infrastructure 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.GTL Infrastructure share news and announcements

Annual general meeting, 30 Sep 2026

27,13,187 shareholders on the register on 23 Sep 2026; present: 1 promoter and 68 others; votes counted by CHETAN A. JOSHI / NOT APPLICABLE.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors.
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 8.40% · promoters 100.00% · institutions 12.96% · other public 1.56%

  2. Appointment of Mr. Charudatta Naik (DIN: 00225472), who retires by rotation and, being eligible, offers himself for re-appointment as a Director.
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.43%

    Turnout: all 8.40% · promoters 100.00% · institutions 12.96% · other public 1.56%

  3. Appointment of Mr. Jayant Bhimanwar (DIN: 09033879) as Director of the Company.
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.43%

    Turnout: all 8.40% · promoters 100.00% · institutions 12.96% · other public 1.56%

  4. Appointment of Mr. Jayant Bhimanwar as a Whole-time Director of the Company for a period of three years w.e.f. August 6, 2026 on the terms & remuneration as set out in explanatory statement annexed to Notice of AGM.MoreLess
    Special
    99.71% for0.29% against

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

    Turnout: all 8.40% · promoters 100.00% · institutions 12.96% · other public 1.56%

  5. Appointment of Mr. Abhijit Deshpande (DIN: 05203925) as Director of the Company.
    Ordinary
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.34%

    Turnout: all 8.40% · promoters 100.00% · institutions 12.96% · other public 1.56%

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, 30 Sep 2025, 4 resolutions

28,96,542 shareholders on the register on 23 Sep 2025; present: 1 promoter and 75 others; votes counted by CHETAN A. JOSHI / NOT APPLICABLE.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.80%

    Turnout: all 14.52% · promoters 100.00% · institutions 31.14% · other public 1.55%

  2. Appointment of Mr. Vikas Arora (DIN: 09785527) as a Director of the Company, liable to retire by rotation
    Ordinary
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.49%

    Turnout: all 14.52% · promoters 100.00% · institutions 31.14% · other public 1.55%

  3. Appointment of Mr. Chetan A. Joshi – Practicing Company Secretary (Membership No. FCS 7052, CP 7744) as Secretarial Auditor of the Company for a term of five consecutive years commencing from financial year 2025-26 till financial year 2029-30.MoreLess
    Ordinary
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.00%

    Turnout: all 14.52% · promoters 100.00% · institutions 31.14% · other public 1.55%

  4. Re-appointment of Mr. Vikas Arora (DIN: 09785527) as a Whole-time Director of the Company for a period of three years w.e.f. November 10, 2025 on the terms & remuneration as set out in explanatory statement annexed to Notice of AGM.MoreLess
    Special
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.54%

    Turnout: all 14.52% · promoters 100.00% · institutions 31.14% · other public 1.55%

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, 12 Dec 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Vinod Balmukand Agarwalan(DIN: 01725158) as a Non-Executive Non-Independent Director of the Company.
    Special
    65.30% for34.70% against

    Against: promoters 0.00% · institutions 54.76% · other public 5.96%

    Turnout: all 11.89% · promoters 100.00% · institutions 20.44% · other public 1.99%

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, 12 Sep 2024, 5 resolutions

Present: 1 promoter and 112 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.63%

    Turnout: all 27.81% · promoters 100.00% · institutions 62.65% · other public 1.83%

  2. Appointment of Mr. Jeevan U. Rai (DIN: 02356479) as a Director of the Company, liable to retire by rotation, for filling up the vacancy upon retirement of Director.
    Ordinary
    73.97% for26.03% against

    Against: promoters 0.00% · institutions 35.65% · other public 3.94%

    Turnout: all 15.74% · promoters 100.00% · institutions 30.38% · other public 1.83%

  3. Appointment of Mr. Ramesh B. Bhosale (DIN: 00078848) as an Independent Director of the Company, not liable to retire by rotation for a term of 5 years i.e. from August 13, 2024 to August 12, 2029 (both days inclusive).MoreLess
    Special
    85.24% for14.76% against

    Against: promoters 0.00% · institutions 17.29% · other public 4.62%

    Turnout: all 27.81% · promoters 100.00% · institutions 62.65% · other public 1.83%

  4. Appointment of Mr. Dhananjay P. Barve (DIN: 00224261) as an Independent Director of the Company, not liable to retire by rotation for a term of 5 years i.e. August 13, 2024 to August 12, 2029 (both days inclusive).MoreLess
    Special
    85.24% for14.76% against

    Against: promoters 0.00% · institutions 17.29% · other public 4.61%

    Turnout: all 27.81% · promoters 100.00% · institutions 62.65% · other public 1.83%

  5. Re-appointment of Ms. Dina S. Hatekar (DIN: 08535438) as an Independent Director of the Company, not liable to retire by rotation for a second term of 5 years i.e. August 14, 2024 to August 13, 2029 (both days inclusive).MoreLess
    Special
    85.23% for14.77% against

    Against: promoters 0.00% · institutions 17.29% · other public 4.96%

    Turnout: all 27.81% · promoters 100.00% · institutions 62.65% · other public 1.83%

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 2023, 4 resolutions

Present: 0 promoters and 86 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 0.70% · other public 3.09%

    Turnout: all 28.12% · promoters 100.00% · institutions 52.24% · other public 2.31%

  2. Re-appointment of Mr. Charudatta K. Naik (DIN: 00225472) as a Director of the Company, who retires by rotation.
    Ordinary
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 0.37% · other public 3.86%

    Turnout: all 28.12% · promoters 100.00% · institutions 52.24% · other public 2.31%

  3. Appointment of M/s. CVK & Associates, Chartered Accountants, Mumbai (Firm Registration No. 101745W) as the Statutory Auditors of the Company in place of retiring Statutory Auditor M/s. Pathak H. D. & Associates LLP, Chartered Accountant, Mumbai (Firm Registration No. 107783W/W100593)MoreLess
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.44%

    Turnout: all 28.12% · promoters 100.00% · institutions 52.24% · other public 2.31%

  4. Appointment of Mrs. Sunali Chaudhry (DIN: 07139326) as a Non-Executive / Non-Independent Director of the Company, liable to retire by rotation.
    Ordinary
    99.54% for0.46% against

    Against: promoters 0.00% · institutions 0.37% · other public 3.56%

    Turnout: all 28.12% · promoters 100.00% · institutions 52.24% · other public 2.31%

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 Feb 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Vikas Arora (DIN: 09785527) as a Director of the Company.
    Ordinary
    97.35% for2.65% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.62%

    Turnout: all 4.49% · promoters 100.00% · institutions 0.24% · other public 2.10%

  2. Appointment of Mr. Vikas Arora (DIN: 09785527) as a Whole-time Director of the Company.
    Special
    97.29% for2.71% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.86%

    Turnout: all 4.49% · promoters 100.00% · institutions 0.24% · other public 2.10%

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 2022, 2 resolutions

Present: 1 promoter and 88 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 0.53% · other public 2.24%

    Turnout: all 24.28% · promoters 100.00% · institutions 42.65% · other public 2.26%

  2. Appointment of Mr. Manoj G. Tirodkar (DIN: 00298407) as a Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.47% for0.53% against

    Against: promoters 0.00% · institutions 0.45% · other public 3.70%

    Turnout: all 28.39% · promoters 100.00% · institutions 51.50% · other public 2.26%

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.

Annual general meeting, 28 Sep 2021, 4 resolutions

Present: 1 promoter and 89 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2021, together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    90.50% for9.50% against

    Against: promoters 0.00% · institutions 11.25% · other public 0.01%

    Turnout: all 43.70% · promoters 100.00% · institutions 59.66% · other public 10.00%

  2. Appointment of Mr. Charudatta K. Naik (DIN: 00225472) as a Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.16% · other public 0.87%

    Turnout: all 39.70% · promoters 100.00% · institutions 53.18% · other public 10.00%

  3. Appointment of Mr. Milind K. Naik (DIN: 00276884) as a Director of the Company, liable to retire by rotation.
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.11% · other public 0.86%

    Turnout: all 39.70% · promoters 100.00% · institutions 53.18% · other public 10.00%

  4. Appointment of Mr. Milind K. Naik (DIN: 00276884) as a Whole-time Director of the Company for a period of three years with effect from January 20,2021 on the terms and conditions as set out in the Explanatory Statement annexed to the Notice of AGM.MoreLess
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.11% · other public 0.41%

    Turnout: all 39.70% · promoters 100.00% · institutions 53.18% · other public 10.00%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 28 Sep 2023, 1 fund house

  • Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundQualified opinion by the Auditors on Standalone financial statements. Net worth Eroded. Default in repayment to Banks, Financial Institutions. Auditors have raised material uncertainty related to the going concern.
    0 for1 against
  • Re-appointment of Mr. Charudatta K. Naik (DIN: 00225472) as a Director of the Company, who retires by rotation.
    1 for0 against
  • Appointment of M/s. CVK & Associates, Chartered Accountants, Mumbai (Firm Registration No. 101745W) as the Statutory Auditors of the Company in place of retiring Statutory Auditor M/s. Pathak H. D. & Associates LLP, Chartered Accountant, Mumbai (Firm Registration No. 107783W/W100593)MoreLess
    1 for0 against
  • Appointment of Mrs. Sunali Chaudhry (DIN: 07139326) as a Non-Executive / Non-Independent Director of the Company, liable to retire by rotation.
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyStock Exchange BSE Limited National Stock Exchange of India LimitedSince 30 Jun 2026₹11,800

    Imposition of Fine for late submission

    Inadvertant delay of 1 day in filing Related Party Transation Report for the Half year ended March 31, 2026 under Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess

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
Yes
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.