Meera Industries MD, chairman, board of directors and AGM
BSE: 540519Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹26.03.
- 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.
- ₹56 Cr2,945th 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.
- Owners' profit not stated
- 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 30 May 2026
- 1.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.96%
- 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
- 2.8%
- 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 30 May 2026
- 0.20
- Volume, BSEVolume. Shares traded on the last trading day.
- 6,857
Meera Industries 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
- ChairpersonDHARMESH VINODBHAI DESAI
- Company Secretary and Compliance OfficerBhavisha Kunal Chauhan
8 directors4 independent3 executive1 non-executive
- DHARMESH VINODBHAI DESAI · ChairpersonExecutive · joined Jul 2006 · reappointed Jan 2017 · 2 listed boards · 1 as independent · 2 committee seats
- BIJAL DHARMESHBHAI DESAIExecutive · joined Jul 2006 · reappointed Jan 2017 · 1 listed board
- KENNY DHARMESHKUMAR DESAIExecutive · joined Aug 2024 · reappointed Sep 2024 · 1 listed board
- MAYANK YASHWANTRAI DESAINon-executive · joined Jan 2017 · reappointed Aug 2017 · 113 months as independent · 1 listed board · 1 committee seat, 1 as chair
- HETAL MEHTAIndependent · joined Apr 2017 · reappointed Aug 2017 · 111 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- SANJAY NATWARLAL MEHTAIndependent · joined Oct 2017 · reappointed Aug 2018 · 105 months as independent · 2 listed boards · 1 as independent · 3 committee seats
- RAJENDRABHAI VANMALIBHAI KALYANIIndependent · joined May 2022 · reappointed Aug 2022 · 50 months as independent · 1 listed board · 1 as independent · 2 committee seats
- HITESH RANJEETBHAI AGNIHOTRIIndependent · joined Oct 2024 · reappointed Jan 2025 · 20 months as independent · 1 listed board · 1 as independent · 2 committee seats
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
- 26 Jun 20268 of 8 present4 independent · 27 days in between
- 29 May 20267 of 8 present4 independent · 104 days in between
- 13 Feb 20267 of 8 present4 independent · 41 days in between
- 2 Jan 20266 of 8 present4 independent
Audit Committee
Chair HETAL MEHTA
MAYANK YASHWANTRAI DESAI, SANJAY NATWARLAL MEHTA, RAJENDRABHAI VANMALIBHAI KALYANI, HITESH RANJEETBHAI AGNIHOTRI
- 26 Jun 20265 of 5 present4 independent · 27 days in between
- 29 May 20264 of 5 present4 independent · 104 days in between
- 13 Feb 20264 of 5 present4 independent
Nomination and remuneration committee
Chair RAJENDRABHAI VANMALIBHAI KALYANI
MAYANK YASHWANTRAI DESAI, HETAL MEHTA, SANJAY NATWARLAL MEHTA, HITESH RANJEETBHAI AGNIHOTRI
- 26 Jun 20265 of 5 present4 independent
- 29 May 20264 of 5 present4 independent · 104 days in between
- 13 Feb 20264 of 5 present4 independent
Stakeholders Relationship Committee
Chair MAYANK YASHWANTRAI DESAI
HETAL MEHTA, SANJAY NATWARLAL MEHTA, RAJENDRABHAI VANMALIBHAI KALYANI, HITESH RANJEETBHAI AGNIHOTRI
No meeting listed in the filing.
Independent Directors
- 13 Feb 20264 of 4 present4 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.
- K A SANGHAVI & CO LLPPeer-review certificate valid to May 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.
Meera 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.Meera Industries dividend history
Annual general meeting, 29 Sep 2026
4,364 shareholders on the register on 22 Sep 2026; present: 5 promoters and 17 others; votes counted by Chirag Shah / M/s. Chirag Shah & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the - a) Standalone Audited Finan cial Statements of the Company for the financial year ended on 31st March 2026, along with Report of the Board of Directors & Report of Auditors thereon; b) Consolidated Audited Financial Statements of the Company for the financial year ended on 31st March 2026, along with Report of the Board of Directors & Report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.45% · promoters 98.67% · institutions 0.00% · other public 11.97%
- To appoint a director in place of Ms. Kenny Dharmesh kumar Desai (DlN -10729400), who retires by rotation and being eligible offers, herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.45% · promoters 98.67% · institutions 0.00% · other public 11.97%
- To appoint M/S. M R Bombaywala & Co., chartered accountants, as the statutory auditors of the company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.45% · promoters 98.67% · institutions 0.00% · other public 11.97%
- Appointment of Mr. Het Desai as Executive Director by Passing Special Resolution.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.45% · promoters 98.67% · institutions 0.00% · other public 11.97%
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 disputeGujarat Value Added Tax Act,2003Since 28 Feb 2018Matter is pending before Hon'ble Tribunal Commercial Tax, Gujarat State,Ahmedabad
At the filing before: The Company has filed an appeal before Hon. Tribunal Commercial Tax,Gujarat State,ahmedabad against the assessment order issued by the Income Tax Department, challenging the addition of income under Section 68 read with Section 115BBE of the Income Tax Act for the Assessment Year 2013-14. The appeal was filed on 16.05.2018. Pending for adjudication/hearing.MoreLess
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.