Jaro Institute of Technology Management and Research CEO, MD, chairman, board of directors and AGM
NSE: JAROBSE: 544534Other Consumer ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹394.40.
- 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.
- ₹819 Cr1,454th 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 8 Aug 2026
- 14.5
- 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 8 May 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.36%
- 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 8 Aug 2026
- 15.7%
- 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 8 Aug 2026
- 17.7%
- 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 Mar 2026. The filing of 8 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,22,1719.2% delivered
Jaro Institute of Technology Management and Research 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 directorSANJAY NAMDEO SALUNKHE
- Chief executiveRANJITA RAMAN
6 directors3 independent2 executive1 non-executive
- SANJAY NAMDEO SALUNKHE · Chairperson and managing directorExecutive · joined Jul 2009 · reappointed Jul 2023 · 1 listed board · 1 committee seat
- BALKRISHNA NAMDEO SALUNKHENon-executive · joined Dec 2010 · reappointed Dec 2010 · 1 listed board · 1 committee seat
- RANJITA RAMAN · Chief executiveExecutive · joined Mar 2015 · reappointed Jul 2023 · 1 listed board
- ISHAN BAVEJAIndependent · joined Jan 2021 · reappointed Feb 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- ALPA URMIL ANTANIIndependent · joined Jan 2024 · reappointed Jan 2024 · 36 months as independent · 1 listed board · 1 as independent
- VAIJAYANTI AJIT PANDITIndependent · joined May 2024 · reappointed May 2024 · 36 months as independent · 5 listed boards · 5 as independent · 10 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 7 May 20266 of 6 present3 independent · 97 days in between
- 29 Jan 20266 of 6 present3 independent · 7 days in between
- 21 Jan 20265 of 6 present2 independent · 18 days in between
- 2 Jan 20266 of 6 present3 independent
Audit Committee
Chair ISHAN BAVEJA
VAIJAYANTI AJIT PANDIT, SANJAY NAMDEO SALUNKHE
- 7 May 20263 of 3 present2 independent · 41 days in between
- 26 Mar 20263 of 3 present2 independent · 55 days in between
- 29 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair ISHAN BAVEJA
VAIJAYANTI AJIT PANDIT, BALKRISHNA NAMDEO SALUNKHE
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair VAIJAYANTI AJIT PANDIT
ISHAN BAVEJA, BALKRISHNA NAMDEO SALUNKHE
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair SANJAY NAMDEO SALUNKHE
ISHAN BAVEJA, BALKRISHNA NAMDEO SALUNKHE
No meeting listed in the filing.
IPO Committee
Chair SANJAY NAMDEO SALUNKHE
BALKRISHNA NAMDEO SALUNKHE, RANJITA RAMAN
No meeting listed in the filing.
Finance and Operation Committee
Chair SANJAY NAMDEO SALUNKHE
BALKRISHNA NAMDEO SALUNKHE, RANJITA RAMAN
- 1 Jun 20263 of 3 present0 independent · 24 days in between
Independent Directors Committee
Chair ISHAN BAVEJA
ALPA URMIL ANTANI, VAIJAYANTI AJIT PANDIT
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.
- M S K A & Associates LLPPeer-review certificate valid to Jul 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.
Jaro Institute of Technology Management and Research 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.Jaro Institute of Technology Management and Research dividend history
Annual general meeting, 28 Jul 2026
66,698 shareholders on the register on 21 Jul 2026; present: 3 promoters and 48 others; votes counted by Himanshu Gajra / Himanshu Gajra & Co.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 March 31, 2026 and the reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 16.26%
- To declare Final Dividend at the rate of Rs. 3/- per equity share of face value of Rs. 10/- each for the Financial Year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 16.26%
- To appoint Mr. Sanjay Namdeo Salunkhe (DIN: 01900632), who retires by rotation, as a Director.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 16.26%
- Re-appointment of Dr. Alpa Urmil Antani (DIN: 10470840) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 16.26%
- Re-appointment of Dr. Vaijayanti Ajit Pandit (DIN: 06742237) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 16.26%
To increase managerial remuneration payable to Ms. Ranjita Raman (DIN: 07132904), Whole-time Director and Chief Executive Officer (“CEO”) in accordance with sections 197 and 198 of the Companies Act, 2013, for the Financial year 2026-27.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 16.26%
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.
Postal ballot, 23 Feb 2026, 4 resolutions
73,339 shareholders on the register on 23 Jan 2026; votes counted by Himanshu Gajra / Himanshu Gajra & Co.The company's voting result (opens in a new tab)
- Approval of Jaro Education Employee Stock Option Plan - 2026 (ESOP Scheme – 2026)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 1.17%
- Approval for the acquisition of Equity Shares by way of secondary acquisition under Jaro Education Employee Stock Option Plan - 2026 (ESOP Scheme – 2026)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 1.17%
Approval for provision of loan by the Company for purchase of its own shares by the trust / trustees for the benefit of employees under Jaro Education Employee Stock Option Plan - 2026 (ESOP Scheme – 2026).MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 1.17%
- Re-appointment of Mr. Ishan Baveja (DIN: 07251062) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 1.17%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeM/s Bennett, Coleman & Co LtdSince 11 Sep 2023The matter was adjourned for draft issues to 10-07-2026 and next hearing date is 10-07-2026.At the filing before: Pending
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
- 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
- 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 |
|---|---|---|---|---|---|
| Public IssuesSep 2025, checked by Crisil Ratings Limited | 170.00 | Marketing, brand building and advertising activities | 81.00 | 52.30 | No |
| Public IssuesSep 2025, checked by Crisil Ratings Limited | 170.00 | Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company | 45.00 | 45.00 | No |
| Public IssuesSep 2025, checked by Crisil Ratings Limited | 170.00 | General Corporate Purposes | 44.00 | 42.66 | No |