Mitshi India MD, chairman, board of directors and AGM
BSE: 523782Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹12.99.
- Under BSE's graded surveillance, stage 0, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹11 Cr4,468th 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.
- Lossover the last 12 months
- 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 29 Apr 2026
- 4.1
- 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 average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- −0.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.12 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 4.2%
- 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
- 4.2%
- 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 Apr 2026
- 0.13
- Volume, BSEVolume. Shares traded on the last trading day.
- 11,962
Mitshi India board of directors
At the end of the quarter to Sep 2023, as the company filed it; changes since are in its announcements.
- ChairpersonKUMAR VASANTLAL SHAH
3 directors2 independent1 executive
- KUMAR VASANTLAL SHAH · ChairpersonExecutive · joined Sep 1990 · 1 listed board · 2 committee seats, 1 as chair
- HANUMANT ANAJI SALUNKHEIndependent · joined Mar 2004 · 234 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- DRASHTI TARUN SAVLAIndependent · joined Sep 2015 · 96 months as independent · 1 listed board · 1 as independent · 1 committee seat
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 20233 of 3 present2 independent · 58 days in between
- 16 Jun 20233 of 3 present2 independent
Audit Committee
Chair HANUMANT ANAJI SALUNKHE
DRASHTI TARUN SAVLA
- 14 Aug 20233 of 3 present2 independent · 58 days in between
- 16 Jun 20233 of 3 present2 independent
Nomination and remuneration committee
Chair HANUMANT ANAJI SALUNKHE
DRASHTI TARUN SAVLA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KUMAR VASANTLAL SHAH
HANUMANT ANAJI SALUNKHE
No meeting listed in the filing.
Risk Management Committee
Chair KUMAR VASANTLAL SHAH
HANUMANT ANAJI SALUNKHE
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair KUMAR VASANTLAL SHAH
HANUMANT ANAJI SALUNKHE
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 Jun 2026.
- S D P M & COPeer-review certificate valid to Feb 2028
1 earlier auditor
- SDPM AND CONamed in the filing for the quarter to Mar 2025
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.
Mitshi India 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.Mitshi India share news and announcements
Annual general meeting, 29 Sep 2026
21,466 shareholders on the register on 22 Sep 2026; present: 1 promoter and 52 others; votes counted by VISHAKHA AGRAWAL / VISHAKHA AGRAWAL & 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 March 31, 2026 together with the reports of the Board of Directors and the auditors thereon.Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
To appoint a director in place of Mr. Kumar Vasantlal Shah (DIN: 01451912), who retires by rotation in terms of section 152 of the companies act, 2013 and being eligible, offers himself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it99.74% for0.26% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- To approve regularization of additional director Mr. Vicky Mahendra Anjaria (DIN: 11705357) as Non- Executive Non-Independent Director of the company.Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- To approve regularization of additional director Mr. Gurdeep Singh (DIN: 11743371) as Non-Executive Independent Director of the companySpecial99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- To approve regularization of additional director Mrs. Rekha Rani Naraniwal (DIN: 08467886) as Non-Executive Independent Director of the company.Special99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- Appointment of Secretarial Auditor And Fix Their Remuneration.Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- Approval to advance loan(s), to give any guarantee(s) and/or to provide any security(ies) under section 185 of the companies act, 2013.Special99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- To increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the companies act, 2013.Special99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
- Approval to the related party transactions including material related party transactions under section 188 of the companies act 2013.Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
Increase in limit of total shareholding of all registered foreign portfolio investors (FPIs) / registered foreign institutional investors (FIIs) put together up to 49% of the paid-up equity share capital of the company.MoreLess
Special99.74% for0.26% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 4.83% · promoters 0.00% · institutions 0.00% · other public 4.83%
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
- Yes
The company's own answers in its filing.