Mehai Technology MD, chairman, board of directors and AGM
BSE: 540730Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹1.03.
- 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.
- ₹83 Cr2,880th 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.
- Shares changed
- 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
- 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
- 5.3%
- 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 29 May 2026
- 0.29
- Volume, BSEVolume. Shares traded on the last trading day.
- 6,52,710
Mehai Technology 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 directorJUGAL KISHORE BHAGAT
- Company Secretary and Compliance OfficerSandipan Lai
8 directors4 independent1 executive3 non-executive
- JUGAL KISHORE BHAGAT · Chairperson and managing directorExecutive · joined Mar 2022 · reappointed Sep 2022 · 51 months as independent · 3 listed boards · 3 committee seats
- REKHA BHAGATNon-executive · joined Mar 2022 · 51 months as independent · 3 listed boards · 3 committee seats
- REKHA DEVI BHAGATNon-executive · joined Mar 2022 · 51 months as independent · 2 listed boards · 1 committee seat
- AKASH TAKIndependent · joined Jan 2021 · reappointed Jan 2026 · 65 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- ADITI MAITYIndependent · joined Sep 2025 · 9 months as independent · 1 listed board · 1 as independent
- NIRMALYA SIRCARNon-executive · joined Sep 2024 · 21 months as independent · 3 listed boards
- RAJENDRA KUMAR MALLICKIndependent · joined Sep 2024 · 21 months as independent · 1 listed board · 1 as independent
- PRABIR KUNDUIndependent · joined Mar 2024 · 27 months as independent · 2 listed boards · 2 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.
1 director who left
- Priya Rudra, left 6 Oct 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 Jun 20267 of 8 present3 independent · 22 days in between
- 28 May 20267 of 8 present3 independent · no day in between
- 27 May 20267 of 8 present3 independent · 5 days in between
- 21 May 20268 of 8 present4 independent · 23 days in between
5 earlier meetings
- 27 Apr 20268 of 8 present4 independent · 52 days in between
- 5 Mar 20268 of 8 present4 independent · 18 days in between
- 14 Feb 20267 of 8 present3 independent · 20 days in between
- 24 Jan 20267 of 8 present3 independent · 1 day in between
- 22 Jan 20267 of 8 present3 independent
Audit Committee
Chair ADITI MAITY
PRABIR KUNDU, JUGAL KISHORE BHAGAT
- 28 May 20263 of 3 present2 independent · 102 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair ADITI MAITY
AKASH TAK, REKHA DEVI BHAGAT
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair ADITI MAITY
AKASH TAK, REKHA BHAGAT
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair ADITI MAITY
AKASH TAK, REKHA BHAGAT
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.
- Bijan Ghosh & AssociatesPeer-review certificate valid to Apr 2028
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.
Mehai Technology 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.Mehai Technology dividend history
Annual general meeting, 29 Sep 2026
24,117 shareholders on the register on 23 Sep 2026; present: 0 promoters and 54 others; votes counted by Ankita Dey / Ankita Dey & Associates.The company's voting result (opens in a new tab)
To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the reports of the board of directors and auditors' thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 53.73% · promoters 100.00% · institutions 0.00% · other public 27.19%
- To re-appoint Mrs. Rekha Bhagat (DIN: 03564763) Director, who retires by rotation and being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 53.73% · promoters 100.00% · institutions 0.00% · other public 27.19%
To appoint M/s. S. K. Basu & Co; Chartered Accountants, Kolkata (Firm Registration No. 301026E), Temple Chambers (2nd Floor) 6, Old Post Office Street, Kolkata - 700001, West Bengal as Statutory Auditors of the Company for a term of five consecutive years and to fix their remunerationMoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 53.73% · promoters 100.00% · institutions 0.00% · other public 27.19%
To consider and approve the appointment of M/s. Ankita Dey & Associates (Membership No. A62192), Practicing Company Secretaries as Secretarial Auditors of the Company for five consecutive years starting from the financial year 2026-27 to 2030-31MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 31.14% · promoters 100.00% · institutions 0.00% · other public 27.19%
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.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSESince 22 Jun 2026
Fine Imposed
Non-compliance with submission of secretarial compliance report
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
- 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
- Yes
- 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.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesOct 2025, checked by CARE Ratings Limited | 73.36 | Repayment or pre-payment, in full or in part, of all or a portion of certain borrowing availed by our company | 33.00 | 33.00 | No |
| Rights IssuesOct 2025, checked by CARE Ratings Limited | 73.36 | Funding the working capital requirements of the Company | 14.75 | 14.75 | No |
| Rights IssuesOct 2025, checked by CARE Ratings Limited | 73.36 | Lending of fresh loans to Mehai Aqua Private Limited, one of the subsidiaries of the company, to facilitate them to repay/prepay in full or part of secured loans availed by them from UCO Bank | 9.11 | 9.11 | No |
| Rights IssuesOct 2025, checked by CARE Ratings Limited | 73.36 | General Corporate Purposes | 16.50 | 16.50 | No |