Liberty Shoes logo

Liberty Shoes MD, chairman, board of directors and AGM

NSE: LIBERTSHOEBSE: 526596Consumer DurablesSmall Cap

Last close ₹183.19down ₹8.55 (4.46%)BSE ₹184.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹191.74.

52-week range of traded prices to 23 Oct 2026
₹179.00Low, 23 Oct 2026₹331.90High, 23 Oct 2025
Market cap
₹312 Cr1,935th largest listed
P/E
36.5
P/B
1.3
Dividend yield
Nonein the last 12 months
ROE
3.7%
ROCE
8.8%
Debt to equity
0.34
Volume, NSE
35,45061.6% delivered

Liberty Shoes 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

  • ChairpersonAnupam BansalRelated to the promoter
  • Company Secretary and Compliance OfficerMunish Kakra

8 directors4 independent4 executive

  • Adish GuptaExecutive · joined Aug 2011 · reappointed Apr 2024 · 1 listed board · 1 committee seat
  • Anupam Bansal · ChairpersonExecutive · joined May 2024 · reappointed May 2024 · 1 listed board · 2 committee seats
  • Ashok KumarExecutive · joined Jan 2015 · reappointed Apr 2024 · 1 listed board
  • Piyush DixitIndependent · joined Aug 2023 · reappointed Aug 2026 · 1 month as independent · 1 listed board · 1 as independent · 1 committee seat
  • SujataIndependent · joined Sep 2021 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent
  • Anand Das MundhraIndependent · joined Aug 2023 · reappointed Aug 2026 · 1 month as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Neeraj Kumar JindalIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 2 listed boards · 1 as independent
  • Raman BansalExecutive · joined Aug 2026 · reappointed Aug 2026 · 1 listed board

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
  • Shammi Bansal, left 10 Aug 2026: Others
  • Gautam Baid, left 4 Apr 2025: Others
  • Sunil Bansal, left 19 Dec 2024: Others

Committees and meetings

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

  • Board

    • 10 Aug 20268 of 8 present4 independent · 75 days in between
    • 26 May 20267 of 8 present3 independent

  • Audit Committee

    Chair Anand Das Mundhra

    Anupam Bansal, Piyush Dixit

    • 10 Aug 20263 of 3 present2 independent · 75 days in between
    • 26 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Anand Das Mundhra

    Sujata, Piyush Dixit

    • 10 Aug 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Anand Das Mundhra

    Adish Gupta, Anupam Bansal

    • 10 Aug 20263 of 3 present1 independent · 75 days in between
    • 26 May 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Anupam Bansal

    Adish Gupta, Sujata

    • 10 Aug 20263 of 3 present1 independent

  • Management

    Shammi Bansal, Adish Gupta, Anupam Bansal, Raman Bansal

    • 19 May 20264 of 4 present0 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.

  • Pardeep Tayal & Co.Peer-review certificate valid to Feb 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.

Liberty Shoes 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.Liberty Shoes dividend history

Annual general meeting, 29 Sep 2026

22,201 shareholders on the register on 22 Sep 2026; present: 17 promoters and 48 others; votes counted by Jyoti Sharma / JVS & Associates.The company's voting result (opens in a new tab)

  1. Consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

  2. To appoint a director in place of Sh. Ashok Kumar (DIN-06883514), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

  3. To appoint a director in place of Sh. Anupam Bansal (DIN-00137419), who retires by rotation and being eligible, offers himself for re appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

  4. Re-appointment of Sh. Piyush Dixit (DIN: 03514223) Independent Director of Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

  5. Re-appointment of Sh. Anand Das Mundhra (DIN: 00167418) Independent Director of Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

  6. Appointment of Sh. Raman Bansal (DIN: 00137826) as Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

  7. Appointment of Sh. Raman Bansal (DIN: 00137826) as Executive Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 52.81% · promoters 83.34% · institutions 97.56% · other public 7.12%

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, 24 Sep 2025, 7 resolutions

21,720 shareholders on the register on 17 Sep 2025; present: 15 promoters and 51 others; votes counted by Jyoti Sharma / JVS & Associates.The company's voting result (opens in a new tab)

  1. Consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

  2. To appoint a director in place of Sh. Adish Gupta (DIN-00137612), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.16%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

  3. To appoint a director in place of Sh. Ashok Kumar (DIN-06883514), who retires by rotation and being eligible, offers himself for re appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.16%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

  4. To approve the increase in remuneration of Sh. Shammi Bansal (DIN: 00138792), Executive Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.92%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

  5. To approve the increase in remuneration of Sh. Adish Gupta (DIN: 00137612), Executive Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.92%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

  6. To approve the increase in remuneration of Sh. Anupam Bansal (DIN: 00137419), Executive Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.92%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

  7. To appoint M/s JVS & Associates, Company Secretaries, as Secretarial Auditors of the Company and fixation of their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 48.47% · promoters 82.81% · institutions 94.54% · other public 0.04%

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, 7 Aug 2025, 1 resolution

21,426 shareholders on the register on 4 Jul 2025; votes counted by Jyoti Sharma / JVS & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Sh. Neeraj Kumar Jindal (DIN: 00054885) as an Independent Director of the Company
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 61.88%

    Turnout: all 48.63% · promoters 82.67% · institutions 99.24% · other public 0.09%

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, 22 May 2025, 3 resolutions

21,316 shareholders on the register on 18 Apr 2025; votes counted by JYOTI SHARMA / JVS & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Payment of Annual Incentive to Sh. Shammi Bansal (DIN: 00138792), Executive Director of the Company for the Financial Year 2024-25
    SpecialPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 10.93% · other public 0.14%

    Turnout: all 51.76% · promoters 82.67% · institutions 66.40% · other public 7.48%

  2. Payment of Annual Incentive to Sh. Anupam Bansal (DIN: 00137419), Executive Director of the Company for the Financial Year 2024-25
    SpecialPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 10.93% · other public 0.14%

    Turnout: all 51.76% · promoters 82.67% · institutions 66.40% · other public 7.48%

  3. Payment of Annual Incentive to Sh. Adish Gupta (DIN: 00137612), Executive Director of the Company for the Financial Year 2024-25
    SpecialPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 10.93% · other public 0.14%

    Turnout: all 51.76% · promoters 82.67% · institutions 66.40% · other public 7.48%

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 2024, 5 resolutions

Present: 15 promoters and 41 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.21% · promoters 82.56% · institutions 91.66% · other public 3.57%

  2. To appoint a Director in place of Sh. Shammi Bansal (DIN: 00138792), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 50.23% · promoters 82.56% · institutions 96.33% · other public 3.57%

  3. To appoint a Director in place of Sh. Sunil Bansal (DIN: 00142121), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.05% for0.95% against

    Against: promoters 0.00% · institutions 85.24% · other public 0.11%

    Turnout: all 50.23% · promoters 82.56% · institutions 96.33% · other public 3.57%

  4. Re-appointment of Sh. Gautam Baid (DIN: 00021400), as an Independent Director of the Company
    Special
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 90.40% · other public 0.13%

    Turnout: all 50.23% · promoters 82.56% · institutions 96.33% · other public 3.57%

  5. Re-appointment of Dr. Sujata (DIN: 09289128) as an Independent Director of the Company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 5.16% · other public 0.05%

    Turnout: all 50.23% · promoters 82.56% · institutions 96.33% · other public 3.57%

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, 22 Aug 2024, 2 resolutions

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

  1. Appointment of Sh. Anupam Bansal (DIN: 00137419) as Director of the Company
    OrdinaryPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.94%

    Turnout: all 49.75% · promoters 79.40% · institutions 63.76% · other public 7.47%

  2. Appointment of Sh. Anupam Bansal (DIN: 00137419) as an Executive Director of the Company and fixing his remuneration
    SpecialPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.94%

    Turnout: all 49.75% · promoters 79.40% · institutions 63.76% · other public 7.47%

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, 21 Jun 2024, 4 resolutions

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

  1. Re-appointment of Sh. Sunil Bansal (DIN: 00142121) as an Executive Director of the Company and fixing his remuneration
    SpecialPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.24%

    Turnout: all 49.57% · promoters 79.40% · institutions 0.00% · other public 7.62%

  2. Re-appointment of Sh. Shammi Bansal (DIN: 00138792) as an Executive Director of the Company and fixing his remuneration
    SpecialPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.24%

    Turnout: all 49.57% · promoters 79.40% · institutions 0.00% · other public 7.62%

  3. Re-appointment of Sh. Adish Kumar Gupta (DIN: 00137612) as an Executive Director of the Company and fixing his remuneration
    SpecialPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.24%

    Turnout: all 49.57% · promoters 79.40% · institutions 0.00% · other public 7.62%

  4. Re-appointment of Sh. Ashok Kumar (DIN: 06883514) as an Executive Director of the Company and fixing his remuneration
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.24%

    Turnout: all 49.57% · promoters 79.40% · institutions 0.00% · other public 7.62%

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 2023, 7 resolutions

Present: 20 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2023 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    83.19% for16.81% against

    Against: promoters 16.70% · institutions 0.00% · other public 17.66%

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

  2. To confirm the payment of Interim Dividend of Rs. 2.50 per equity share of face value of Rs. 10 each as Final Dividend for the financial year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

  3. To appoint a director in place of Sh. Adish Kumar Gupta (DIN-00137612), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    83.14% for16.86% against

    Against: promoters 16.70% · institutions 0.00% · other public 18.05%

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

  4. To appoint a director in place of Sh. Ashok Kumar (DIN-06883514), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    83.14% for16.86% against

    Against: promoters 16.70% · institutions 0.00% · other public 18.05%

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

  5. Appointment of Sh. Piyush Dixit (DIN-03514223) as an Independent Director of the Company
    Special
    83.14% for16.86% against

    Against: promoters 16.70% · institutions 0.00% · other public 18.05%

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

  6. Appointment of Sh. Anand Das Mundhra (DIN-00167418) as an Independent Director of the Company
    Special
    83.14% for16.86% against

    Against: promoters 16.70% · institutions 0.00% · other public 18.05%

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

  7. Removal of Sh. Adesh Kumar Gupta as a Director/ Executive Director of the Company
    OrdinaryPromoters have an interest in it
    83.14% for16.86% against

    Against: promoters 16.70% · institutions 0.00% · other public 18.05%

    Turnout: all 65.50% · promoters 98.93% · institutions 0.00% · other public 18.45%

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 Sep 2026.

  • Tax disputeNational faceless Assessment centre DelhiSince 1 Apr 2023
    i) Faceless appeal procedigns is pending before CIT(A),NFAC for adjudication. ii) The stay of demand in the related case is pending before the PCIT, Rohtak.
    At the filing before: 08.08.2025/30.09.2025 [ [Suo moto filed 263 order on 12.02.2026 - responses viewed by AO on 27.03.2026]/ 09.07.2026 [responses viewed by AO on 02.09.2026], Notice awaited (after responses viewed on 02.09.2026)MoreLess
  • Tax disputeCIT (Appeals), NFAC, New DelhiSince 29 Jun 2020
    Faceless appeal procedigns is pending before CIT(A),NFAC for adjudication. Awaiting order of the same.
    At the filing before: response submitted on 16.12.2024 viewed by AO on 18.12.2024, Order awaited or some clarification/information may seek by CIT(A), NFAC
  • Tax disputeCIT (Appeals), NFAC, New DelhiSince 18 May 2021
    Faceless appeal procedigns is pending before CIT(A),NFAC for adjudication.Awaiting order of the same.
    At the filing before: 17.03.2025/18.04.2025/30.09.2025 [last response viewed by AO on 16.12.2025]/ request for disposal made on 29.04.2026/ 08.07.2026 [responses viewed by AO on 02.09.2026], Awaited order
  • Tax disputeCIT (Appeals), NFAC, New Delhi (ITAT has disposed off the appeal and referred back 2 issues to CIT(A)) (Cross Appeal)Since 1 Apr 2016
    Cross appeal (Deptt. as well LSL) is pending to CIT(A),NFAC for adjudication.
    At the filing before: Not yet fixed/initiated by CIT(A), NFAC. Please note that balance disallowance amount pertains to two addition (GP applied on fabric & bag trading) remained at Rs 337.13 Lakhs having estimated tax effect of Rs. 114.59 Lakhs excluding interest/penalty., Window enabled on 01.09.2026MoreLess
  • Tax disputeNational faceless Assessment centre DelhiSince 29 Mar 2022
    This CIVIL WRIT petition is connected/listed with CWP-6307-2022 and is pending before P&H HC for adjudication.
    At the filing before: 17.12.2024/23.04.2025/08.08.2025/ 10.11.2025/ 10.03.2026/ 22.07.2026 /08.10.2026
  • Tax disputeNational faceless Assessment centre DelhiSince 5 Jun 2023
    This CIVIL WRIT petition proceedings is pending before P&H HC for adjudication.
    At the filing before: 11.03.2025/ 20.08.2025/01.12.2025/ 17.03.2026/ 20.08.2026/31.08.2026
  • Tax disputePunjab Value Added Tax DepartmentSince 1 Apr 2007
    Remanded back by Deputy Commissioner (Appeal) to Assessing Officer and the same is pending to be adjudicated
    At the filing before: Value Added Tax on account of classification of goods at different rate of Tax
  • Tax disputePunjab Value Added Tax DepartmentSince 1 Apr 2008
    Pending to be adjudicated before Deputy Commissioner (Appeals)
    At the filing before: Value Added Tax on account of classification of goods at different rate of Tax
1 more
  • Tax disputeUttrakhand Value Added Tax DepartmentSince 1 Apr 2017
    The Company has filed an appeal against the Order passed by Joint Commissioner (Appeal), Goods and Service Tax and the same is pending to be adjudicated
    At the filing before: Value Added Tax on account of classification of goods at different rate of Tax

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
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.