Manipal Finance Corporation logo

Manipal Finance Corporation MD, chairman, board of directors and AGM

BSE: 507938FinanceSmall Cap

Last close ₹18.71down ₹0.98 (4.98%)

Share price at the BSE close on 22 Oct 2026. Previous close ₹19.69.

52-week range of traded prices to 22 Oct 2026
₹9.52Low, 17 Dec 2025₹23.73High, 20 Apr 2026
Market cap
₹16 Cr4,407th largest listed
P/E
76.3
P/E without one-offs
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
Debt to equity
Net worth zero or below
Volume, BSE
700

Manipal Finance Corporation board of directors

At the end of the quarter to Sep 2018, as the company filed it; changes since are in its announcements.

  • ChairpersonT NARAYAN M PAI
  • Company SecretaryPAOULOMI MOZUMDER

3 directors2 independent1 executive

  • BASTHI ASHOK PAIIndependent · joined May 2018 · 60 months as independent · 0 listed boards · 1 committee seat, 2 as chair
  • T NARAYAN M PAI · ChairpersonExecutive · joined Sep 2017 · 60 months as independent · 0 listed boards · 1 committee seat
  • VINODA C SHERIGARIndependent · joined Sep 2017 · 36 months as independent · 0 listed boards · 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

    • 29 Sep 201845 days in between
    • 14 Aug 201875 days in between
    • 30 May 2018
  • Audit Committee

    Chair Basthi Ashok Pai

    T Narayan M Pai, Vinoda C Sherigar

    • 14 Aug 201875 days in between
  • Nomination and remuneration committee

    Chair BASTHI ASHOK PAI

    VINODA C SHERIGAR

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair BASTHI ASHOK PAI

    VINODA C SHERIGAR, T NARAYAN M PAI

    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.

  • M/ Sriramulu Naidu & Co.Peer-review certificate valid to Mar 2029
1 earlier auditor
  • M/s Sri Ramulu Naidu & CoNamed in filings from Mar 2025 to Jun 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.

Manipal Finance Corporation 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.Manipal Finance Corporation share news and announcements

Annual general meeting, 25 Sep 2026

10,733 shareholders on the register on 18 Sep 2026; present: 8 promoters and 24 others; votes counted by CS Ramachandra Bhat S / CS Ramachandra Bhat S.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 20.71% · promoters 59.91% · institutions 0.00% · other public 0.25%

  2. To appoint a Director in place of Smt Vinoda Chandappa Sherigar [DIN: 07224755] who retires by rotation and being eligible, offers herself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 20.71% · promoters 59.91% · institutions 0.00% · other public 0.25%

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 company has a risk management committee
No

The company's own answers in its filing.