Interactive Financial Services MD, chairman, board of directors and AGM
BSE: 539692Capital MarketsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹12.03.
- The board meets on 23 Oct 2026 to consider: rights issue of equity shares.
- 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.
- ₹8.24 Cr4,626th 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
- 2.0
- 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 29 May 2026
- 0.3
- 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 14 Aug 2026
- 13.7%
- 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 14 Aug 2026
- 13.6%
- 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 29 May 2026
- 0.03
- Volume, BSEVolume. Shares traded on the last trading day.
- 6,875
Interactive Financial Services board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorPradip Ramprasad Sandhir
5 directors3 independent2 executive
- Pradip Ramprasad Sandhir · Managing directorExecutive · joined Aug 2022 · 49 months as independent · 1 listed board · 1 committee seat
- Mayur Rajendrabhai ParikhExecutive · joined Jul 2021 · 62 months as independent · 1 listed board · 1 committee seat
- Rutu Milindbhai SanghviIndependent · joined Jul 2022 · 50 months as independent · 1 listed board · 1 as independent
- Raghav JobanputraIndependent · joined Mar 2023 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Monil Kamleshkumar ShahIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
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
- 9 Sep 20265 of 5 present5 independent
- 3 Sep 20265 of 5 present3 independent
- 14 Aug 20265 of 5 present3 independent · 29 days in between
- 15 Jul 20265 of 5 present3 independent · 4 days in between
1 earlier meeting
- 10 Jul 20265 of 5 present3 independent
Audit Committee
Chair Rutu Milindbhai Sanghvi
Raghav Jobanputra, Mayur Rajendrabhai Parikh, Monil Kamleshkumar Shah
- 3 Sep 20264 of 4 present3 independent
- 14 Aug 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Raghav Jobanputra
Rutu Milindbhai Sanghvi, Monil Kamleshkumar Shah
- 3 Sep 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Rutu Milindbhai Sanghvi
Raghav Jobanputra, Pradip Ramprasad Sandhir
- 3 Sep 20263 of 3 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.
- M/s B. T. Vora & Co., Chartered AccountantsPeer-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.
Interactive Financial Services 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.Interactive Financial Services share news and announcements
Annual general meeting, 29 Sep 2026
3,229 shareholders on the register on 30 Sep 2026; present: 0 promoters and 21 others; votes counted by Ms. Insiya Nalawala / M/s. Insiya Nalawala and Associates, Company Secretaries.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Board of Directors and Auditors thereon.Ordinary97.17% for2.83% against
Against: promoters 0.00% · institutions 0.00% · other public 2.83%
Turnout: all 32.10% · promoters 0.00% · institutions 0.00% · other public 32.10%
- To appoint a director in place of Mr. Mayur Rajendrabhai Parikh (DIN: 00005646), who retires by rotation and, being eligible, offers himself for re-appointmentOrdinary97.17% for2.83% against
Against: promoters 0.00% · institutions 0.00% · other public 2.83%
Turnout: all 32.10% · promoters 0.00% · institutions 0.00% · other public 32.10%
- To approve revision of remuneration of Mr. Pradip Ramprasad Sandhir (DIN: 06946411) Managing Director and CFO of the company.Special97.17% for2.83% against
Against: promoters 0.00% · institutions 0.00% · other public 2.83%
Turnout: all 32.10% · promoters 0.00% · institutions 0.00% · other public 32.10%
- To approve revision of remuneration of Mr. Mayur Rajendrabhai Parikh (DIN: 00005646) Executive Director of the company.Special97.17% for2.83% against
Against: promoters 0.00% · institutions 0.00% · other public 2.83%
Turnout: all 32.10% · promoters 0.00% · institutions 0.00% · other public 32.10%
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.
Extraordinary general meeting, 8 Aug 2026, 4 resolutions
3,134 shareholders on the register on 1 Aug 2026; present: 0 promoters and 19 others; votes counted by Ms. Insiya Nalawala / M/s. Insiya Nalawala and Associates, Company Secretaries.The company's voting result (opens in a new tab)
- TO INCREASE THE AUTHORIZED SHARE CAPITAL OF THE COMPANY AND MAKE CONSEQUENTIAL ALTERATION IN CLAUSE V OF THE MEMORANDUM OF ASSOCIATIONOrdinary97.45% for2.55% against
Against: promoters 0.00% · institutions 0.00% · other public 2.55%
Turnout: all 35.67% · promoters 0.00% · institutions 0.00% · other public 35.67%
- INCREASE IN THE BORROWING LIMITS OF THE COMPANYSpecial97.45% for2.55% against
Against: promoters 0.00% · institutions 0.00% · other public 2.55%
Turnout: all 35.67% · promoters 0.00% · institutions 0.00% · other public 35.67%
- TO SALE, LEASE OR OTHERWISE DISPOSE-OFF OF WHOLE OR SUBSTANTIALLY WHOLE OF THE UNDERTAKING OF THE COMPANY AS PER SECTION 180(1)(A) OF THE COMPANIES ACT, 2013Special97.45% for2.55% against
Against: promoters 0.00% · institutions 0.00% · other public 2.55%
Turnout: all 35.67% · promoters 0.00% · institutions 0.00% · other public 35.67%
- ALTERATION OF ARTICLES OF ASSOCIATION OF THE COMPANYSpecial97.45% for2.55% against
Against: promoters 0.00% · institutions 0.00% · other public 2.55%
Turnout: all 35.67% · promoters 0.00% · institutions 0.00% · other public 35.67%
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
- 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 Jun 2026. 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. Where a statement's revised amounts repeat the whole raise, the amounts first set aside are shown instead.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount | Reason and comments |
|---|---|---|---|---|---|---|---|
| Rights IssuesFeb 2025 | 11.75 | Setting Up of Office Space | 3.05 | 0.00 | No | 3.05 | Audit committee: The committee had noted and approved the deviation/variation. |
| Rights IssuesFeb 2025 | 11.75 | Increase Networth of Company | 5.96 | 9.00 | No | Audit committee: The committee had noted and approved the deviation/variation. | |
| Rights IssuesFeb 2025 | 11.75 | General corporate purposes | 2.50 | 2.50 | No | Audit committee: The committee had noted and approved the deviation/variation. | |
| Rights IssuesFeb 2025 | 11.75 | Issue related Expenses | 0.25 | 0.11 | No | Audit committee: The committee had noted and approved the deviation/variation. |