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Ksolves India MD, chairman, board of directors and AGM

NSE: KSOLVESBSE: 543599IT - SoftwareSmall Cap

Last close ₹218.64down ₹24.92 (10.23%)BSE ₹219.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹243.56.

52-week range of traded prices to 23 Oct 2026
₹215.00Low, 23 Oct 2026₹353.99High, 20 Apr 2026
Market cap
₹519 Cr1,692nd largest listed
P/E
14.0
P/B
17.6
Dividend yield
4.12%
ROE
148.0%
ROCE
154.3%
Debt to equity
0.05
Volume, NSE
3,08,18225.8% delivered

Ksolves India 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 directorRatan Kumar Srivastava
  • Company Secretary and Compliance OfficerManisha Kide

6 directors4 independent2 executive

  • Ratan Kumar Srivastava · Chairperson and managing directorExecutive · joined Jul 2014 · reappointed Sep 2024 · 142 months as independent · 1 listed board · 1 committee seat
  • Deepali VermaExecutive · joined Jul 2014 · reappointed Sep 2024 · 142 months as independent · 1 listed board · 1 committee seat
  • Varsha ChoudhryIndependent · joined Mar 2021 · reappointed Mar 2026 · 63 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Varun SharmaIndependent · joined Apr 2021 · reappointed Apr 2026 · 63 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sushma SamarthIndependent · joined Nov 2021 · reappointed Aug 2022 · 54 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
  • Vineet KrishnaIndependent · joined May 2022 · reappointed Aug 2022 · 54 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

    • 30 Apr 20265 of 6 present3 independent · 99 days in between
    • 20 Jan 20265 of 6 present3 independent

  • Audit Committee

    Chair Varun Sharma

    Deepali Verma, Varsha Choudhry, Vineet Krishna

    • 30 Apr 20263 of 4 present2 independent · 99 days in between
    • 20 Jan 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Vineet Krishna

    Varsha Choudhry, Sushma Samarth

    • 30 Apr 20263 of 3 present3 independent · 99 days in between
    • 20 Jan 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Sushma Samarth

    Varun Sharma, Ratan Kumar Srivastava

    • 20 Jan 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Deepali Verma

    Vineet Krishna, Varsha Choudhry

    • 30 Apr 20263 of 3 present2 independent · 99 days in between
    • 20 Jan 20262 of 3 present1 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.

  • A Y & CompanyPeer-review certificate valid to Jul 2027
1 earlier auditor
  • AY & CompanyNamed in the filing for the quarter to Mar 2025

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.

Ksolves India 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.Ksolves India dividend history

Annual general meeting, 26 Sep 2026

58,910 shareholders on the register on 19 Sep 2026; present: 2 promoters and 33 others; votes counted by Mr. VIVEK SHARMA / MSV & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 59.13% · promoters 100.00% · institutions 0.61% · other public 0.50%

  2. Appointment of Ms. Deepali Verma (DIN: 05329336) as a Director, who is liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 59.13% · promoters 100.00% · institutions 0.61% · other public 0.50%

  3. Re appointment of Ms. Sushma Samarth (DIN: 03514831) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 59.13% · promoters 100.00% · institutions 0.61% · other public 0.50%

  4. Re-appointment of Mr. Vineet Krishna (DIN: 07200342) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 59.13% · promoters 100.00% · institutions 0.61% · other public 0.50%

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, 27 Sep 2025, 6 resolutions

63,805 shareholders on the register on 20 Sep 2025; present: 2 promoters and 29 others; votes counted by VIVEK SHARMA / MSV & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.47% · promoters 100.00% · institutions 73.76% · other public 13.30%

  2. Appointment of Ms. Deepali Verma (DIN: 05329336) as a director, who is liable to retire by rotation.
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.06%

    Turnout: all 64.47% · promoters 100.00% · institutions 73.76% · other public 13.30%

  3. Appointment of Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 64.47% · promoters 100.00% · institutions 73.76% · other public 13.30%

  4. Re-appointment of Ms. Varsha Choudhry (DIN: 08969362) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 64.47% · promoters 100.00% · institutions 73.76% · other public 13.30%

  5. Re-appointment of Mr. Varun Sharma (DIN: 09132886) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 64.47% · promoters 100.00% · institutions 73.76% · other public 13.30%

  6. Amendment to the Ksolves Employee Stock Option Scheme-II (KSOS-II) – Extension of Exercise Period.
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.03%

    Turnout: all 64.47% · promoters 100.00% · institutions 73.76% · other public 13.30%

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 Jan 2025, 1 resolution

59,684 shareholders on the register on 20 Dec 2024; votes counted by Vivek Sharma / MSV & Associates.The company's voting result (opens in a new tab)

  1. To approve Sub-Division/Split of 1 (One) Equity Share of INR 10/- (INR Ten Only) each into 2 (Two) Equity Shares of INR 5/- (INR Five Only) each and the consequent amendment to the Memorandum of Association of the CompanyMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.77% · promoters 100.00% · institutions 78.02% · other public 15.31%

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.

Annual general meeting, 14 Sep 2024, 5 resolutions

Present: 2 promoters and 35 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.55% · promoters 96.62% · institutions 0.00% · other public 14.96%

  2. Appointment of Ms. Deepali Verma (DIN: 05329336) as a Director, who is liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    98.68% for1.32% against

    Against: promoters 1.44% · institutions 0.00% · other public 0.02%

    Turnout: all 65.64% · promoters 96.78% · institutions 0.00% · other public 14.96%

  3. Re-appointment of Statutory Auditors of the Company and to fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 65.64% · promoters 96.78% · institutions 0.00% · other public 14.96%

  4. Re-appointment of Mr. Ratan Kumar Srivastava (DIN: 05329338 ) as Chairman cum Managing Director of the company and to revise his remuneration.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 65.64% · promoters 96.78% · institutions 0.00% · other public 14.96%

  5. Re-Appointment of Ms. Deepali Verma (DIN: 05329336) as Whole-time Director of the company and to revise her remuneration.
    OrdinaryPromoters have an interest in it
    98.68% for1.32% against

    Against: promoters 1.44% · institutions 0.00% · other public 0.02%

    Turnout: all 65.64% · promoters 96.78% · institutions 0.00% · other public 14.96%

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, 28 Jul 2024, 3 resolutions

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

  1. TO INCREASE THE AUTHORIZED SHARE CAPITAL OF THE COMPANY AND AMEND THE MEMORANDUM OF ASSOCIATION.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 61.17% · promoters 97.06% · institutions 0.00% · other public 1.42%

  2. APPROVAL FOR FORMULATION, ADOPTION AND IMPLEMENTATION OF KSOLVES EMPLOYEE STOCK OPTION SCHEME I, 2024 (KSOS I -2024) FOR GRANT OF EMPLOYEE STOCK OPTIONS TO THE EMPLOYEES OF THE COMPANY.
    Special
    98.18% for1.82% against

    Against: promoters 1.82% · institutions 0.00% · other public 2.17%

    Turnout: all 61.18% · promoters 97.06% · institutions 0.00% · other public 1.43%

  3. APPROVAL FOR FORMULATION, ADOPTION AND IMPLEMENTATION OF KSOLVES EMPLOYEE STOCK OPTION SCHEME II, 2024 (KSOS II- 2024) FOR GRANT OF EMPLOYEE STOCK OPTIONS TO THE EMPLOYEES OF THE COMPANY.
    Special
    98.28% for1.72% against

    Against: promoters 1.71% · institutions 0.00% · other public 2.25%

    Turnout: all 61.18% · promoters 97.06% · institutions 0.00% · other public 1.43%

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, 23 Jul 2023, 4 resolutions

Present: 2 promoters and 42 others.The company's voting result (opens in a new tab)

  1. Adoption of financial statements
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.94% · promoters 100.00% · institutions 85.70% · other public 16.36%

  2. Ordinary Resolution
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.18% · promoters 100.00% · institutions 98.65% · other public 16.36%

  3. Appointment of Ms. Deepali Verma (DIN: 05329336) as a Director, who is liable to retire by rotation
    Ordinary
    97.46% for2.54% against

    Against: promoters 0.00% · institutions 93.95% · other public 0.00%

    Turnout: all 67.18% · promoters 100.00% · institutions 98.65% · other public 16.36%

  4. To approve revision and payment of remuneration to Mr. Ratan Kumar Srivastava (DIN: 05329338) as Chairman and Managing Director of the company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 35.36% · promoters 46.02% · institutions 98.65% · other public 16.36%

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 Aug 2022, 4 resolutions

Present: 2 promoters and 34 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone financial statements and audited consolidated financial statements of thenCompany for the financial year ended March 31, 2022, and the reports of the Board of Directors (¿the Board¿) and auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 100.00% · institutions 0.00% · other public 0.22%

  2. Appointment of Ms Deepali Verma (DIN: 05329336) as a director, who is liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 100.00% · institutions 0.00% · other public 0.22%

  3. Appointment of Ms. Sushma Samarth as an Independent Director.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 100.00% · institutions 0.00% · other public 0.22%

  4. Appointment of Mr. Vineet Krishna as an Independent Director.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 100.00% · institutions 0.00% · other public 0.22%

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, 14 Aug 2022, 1 resolution

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

  1. MIGRATION OF EQUITY SHARES OF THE COMPANY FROM EMERGE PLATFORM OF THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) TO THE MAIN BOARD OF THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) AND BSE LIMITED (BSE).MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 73.53% · promoters 100.00% · institutions 0.00% · other public 29.56%

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.

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
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.