Mahan Industries MD, chairman, board of directors and AGM
BSE: 531515Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹50.13.
- 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.
- ₹21 Cr5,074th 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.
- Earlier quarters restated in the year
- 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 22 Oct 2026
- 2.4
- 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
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 77.11%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 1.56%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 0.10%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 0.47%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 1.90times net worth
- Volume, BSEVolume. Shares traded on the last trading day.
- 69,339
Mahan Industries 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
- Chairperson and managing directorYOGENDRAKUMAR GUPTA PRABHUDAYALRelated to the promoter
6 directors3 independent3 executive
- YOGENDRAKUMAR GUPTA PRABHUDAYAL · Chairperson and managing directorExecutive · joined Jan 1995 · 48 months as independent · 1 listed board · 2 committee seats
- NIRANJANKUMAR NAVRATANMAL JAINExecutive · joined Nov 2025 · 1 listed board
- NISHIL SHAHExecutive · joined Nov 2025 · 1 listed board
- SUSHILKUMAR GOELIndependent · joined Dec 2024 · 21 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- AMITA CHHAGANBHAI PRAGADAIndependent · joined Aug 2024 · 25 months as independent · 5 listed boards · 5 as independent · 9 committee seats, 5 as chair
- RIDDHI HARDISHKUMAR SHAHIndependent · joined Aug 2026 · 1 month as independent · 1 listed board · 1 as independent
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
- YASH KAMLESHKUMAR SHAH, left 8 Aug 2026: Others
- ASTIK KALPESHBHAI TRIVEDI, left 26 Dec 2024: Others
- HIRALBEN PRAVINKUMAR KUBAVAT, left 26 Dec 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Sep 20266 of 6 present3 independent · 10 days in between
- 25 Aug 20265 of 5 present2 independent · 7 days in between
- 17 Aug 20265 of 5 present2 independent · 31 days in between
- 16 Jul 20265 of 6 present2 independent · 19 days in between
2 earlier meetings
- 26 Jun 20265 of 6 present2 independent · 28 days in between
- 28 May 20265 of 6 present2 independent
Audit Committee
Chair AMITA CHHAGANBHAI PRAGADA
SUSHILKUMAR GOEL, YOGENDRAKUMAR GUPTA PRABHUDAYAL
- 5 Sep 20263 of 3 present2 independent · 18 days in between
- 17 Aug 20263 of 3 present2 independent · 31 days in between
- 16 Jul 20263 of 3 present2 independent · 48 days in between
- 28 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair AMITA CHHAGANBHAI PRAGADA
SUSHILKUMAR GOEL, RIDDHI HARDISHKUMAR SHAH
- 25 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair AMITA CHHAGANBHAI PRAGADA
SUSHILKUMAR GOEL, YOGENDRAKUMAR GUPTA PRABHUDAYAL
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.
Mahan Industries 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.Mahan Industries share news and announcements
Annual general meeting, 28 Sep 2026
8,039 shareholders on the register on 21 Sep 2026; present: 1 promoter and 30 others; votes counted by Gaurang Radheshyam Shah / G R Shah & Associates.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 on March 31, 2026 comprising of the Balance Sheet as at March 31, 2026, Statement of Profit & Loss Account and Cash Flow Statement as on that date and the Explanatory Notes annexed to, and forming part of, any of the above documents together with the Report of the Board of Directors' and Auditors' thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 25.49% · promoters 100.00% · institutions 0.00% · other public 24.61%
- To appoint a Director in place of Mr. Yogendrakumar Gupta Prabhudayal (DIN: 01726701) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 25.49% · promoters 100.00% · institutions 0.00% · other public 24.61%
- To approve limits under Section 180(1) (c ) under Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 25.49% · promoters 100.00% · institutions 0.00% · other public 24.61%
- To approve limits under Section 180(1)(a) of Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 25.49% · promoters 100.00% · institutions 0.00% · other public 24.61%
- To Regularize Ms. Riddhi Hardishkumar Shah (DIN: 11904921) as Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 25.49% · promoters 100.00% · institutions 0.00% · other public 24.61%
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, 15 Aug 2026, 2 resolutions
8,133 shareholders on the register on 8 Aug 2026; present: 1 promoter and 33 others; votes counted by Shankumar Dhandhara / Dhandhara & Associates.The company's voting result (opens in a new tab)
- Issue of Equity Shares on a Preferential basis.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 20.01% · promoters 0.00% · institutions 0.00% · other public 20.24%
- Issue Fully Convertible Share Warrants on Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 20.01% · promoters 0.00% · institutions 0.00% · other public 20.24%
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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.