Mahasagar Travels MD, chairman, board of directors and AGM
BSE: 526795Transport ServicesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹4.72.
- 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.
- ₹3.53 Cr5,032nd 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. The filing of 12 Aug 2026
- 25.8
- 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 28 May 2026
- 7.2
- 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
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 12 Aug 2026
- 27.9%
- 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 12 Aug 2026
- 7.8%
- 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 28 May 2026
- 14.91
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,300
Mahasagar Travels board of directors
At the end of the quarter to Sep 2021, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonKARTIKKUMAR R UPADHYAY
9 directors5 independent2 executive2 non-executive
- BHAGCHAND G. SUKHWANIExecutive · joined Jan 1994 · reappointed Sep 2019 · 1 listed board
- KARTIKKUMAR R UPADHYAY · ChairpersonNon-executive · joined Dec 1993 · reappointed Dec 2020 · 1 listed board · 1 committee seat, 1 as chair
- PRAKASHBHAI K KAKKADExecutive · joined Dec 1993 · reappointed Sep 2019 · 1 listed board
- RAVI S KARIANon-executive · joined Sep 2003 · reappointed Dec 2020 · 1 listed board
- RAJIVBHAI N MAHETAIndependent · joined Sep 2017 · 60 months as independent · 1 listed board · 1 as independent
- KAVITA A BACHANIIndependent · joined Jan 2016 · reappointed Sep 2019 · 0 months as independent · 1 listed board
- KANAIYALA G NARUMALANIIndependent · joined Sep 2019 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- JASUBHAI N BAREVADIAIndependent · joined Sep 2019 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
- ABHAY J SUKHWANIIndependent · joined Sep 2019 · 0 months as independent · 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20219 present3 independent
Audit Committee
Chair RAVI S KARIA
KANAIYALA G NARUMALANI, JASUBHAI N BAREVADIA
- 12 Aug 20213 present2 independent
Nomination and remuneration committee
Chair JASUBHAI N BAREVADIA
KANAIYALA G NARUMALANI, KARTIKKUMAR R UPADHYAY
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KARTIKKUMAR R UPADHYAY
KANAIYALA G NARUMALANI, JASUBHAI N BAREVADIA
- 30 Sep 20213 present2 independent
Risk Management Committee
Chair RAVI S KARIA
KANAIYALA G NARUMALANI, JASUBHAI N BAREVADIA
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.
- B H ADVANI & ASSOCIATESPeer-review certificate valid to Feb 2029
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.
Mahasagar Travels 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.Mahasagar Travels share news and announcements
Annual general meeting, 19 Sep 2026
4,102 shareholders on the register on 11 Sep 2026; present: 22 promoters and 3 others; votes counted by PRAGNESH M JOSHI / PRAGNESH M JOSHI.The company's voting result (opens in a new tab)
- To receive, consider and adopt audited standalone financial statements for the financial year ended March 31, 2026 together with report of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 32.55% · promoters 96.45% · institutions 0.00% · other public 0.19%
- To appoint a director Ms. Kavita A. Bachani (DIN: 07310630) who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offer herself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 2.97%
Turnout: all 32.55% · promoters 96.45% · institutions 0.00% · other public 0.19%
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.
Compliance
- 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
- Yes
- The chair is related to the managing director
- No
The company's own answers in its filing.