Moksh Ornaments logo

Moksh Ornaments MD, chairman, board of directors and AGM

NSE: MOKSHConsumer DurablesSmall Cap

Last close ₹8.36down ₹0.40 (4.57%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹8.76.

52-week range of traded prices to 23 Oct 2026
₹8.11Low, 30 Mar 2026₹16.65High, 19 Dec 2025
Market cap
₹74 Cr2,846th largest listed
P/E
7.0
P/B
0.6
Dividend yield
Nonein the last 12 months
ROE
8.8%
ROCE
9.9%
Debt to equity
0.19
Volume, NSE
2,03,08071.2% delivered

Moksh Ornaments 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

  • ChairpersonAmrit Jawanmalji ShahRelated to the promoter

6 directors4 independent2 executive

  • Amrit Jawanmalji Shah · ChairpersonExecutive · joined Jul 2012 · reappointed Aug 2023 · 167 months as independent · 1 listed board · 2 committee seats
  • Sangeeta Amritlal ShahExecutive · joined Jul 2012 · reappointed Aug 2019 · 167 months as independent · 1 listed board
  • Nirali Haresh ShahIndependent · joined Aug 2018 · reappointed Aug 2023 · 94 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Mitwa Nayan ShahIndependent · joined Sep 2020 · reappointed Sep 2025 · 70 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Yogesh Arvind Bhai BhuvaIndependent · joined Dec 2025 · reappointed Dec 2025 · 7 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Sharad Kumar VyasIndependent · joined Apr 2026 · 3 months as independent · 5 listed boards · 5 as independent

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.

5 directors who left
  • Tejraj Mithalal Jain Ganna, left 16 Dec 2025: Others
  • Hardik Pravinbhai Makwana, left 19 Sep 2025: Others
  • Neville Sheriyar Irani, left 19 Sep 2025: Others
  • Siddarth Sanghi, left 19 Sep 2025: Others
  • Jawanmal Moolchand Shah, left 17 Feb 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 3 Jun 20266 of 6 present4 independent · 16 days in between
    • 17 May 20266 of 6 present4 independent · 17 days in between
    • 29 Apr 20266 of 6 present4 independent · 27 days in between
    • 1 Apr 20265 of 5 present3 independent · 20 days in between
    3 earlier meetings
    • 11 Mar 20263 of 5 present3 independent · 20 days in between
    • 18 Feb 20265 of 5 present3 independent · 8 days in between
    • 9 Feb 20265 of 5 present3 independent

  • Audit Committee

    Chair Mitwa Nayan Shah

    Nirali Haresh Shah, Amrit Jawanmalji Shah

    • 17 May 20263 of 3 present2 independent · 17 days in between
    • 29 Apr 20263 of 3 present2 independent · 27 days in between
    • 9 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Nirali Haresh Shah

    Mitwa Nayan Shah, Yogesh Arvind Bhai Bhuva

    • 1 Apr 20263 of 3 present3 independent · 50 days in between

  • Stakeholders Relationship Committee

    Chair Nirali Haresh Shah

    Mitwa Nayan Shah, Amrit Jawanmalji Shah

    • 9 Feb 20263 of 3 present2 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.

  • M/s S D JAIN AND CO.Peer-review certificate valid to Nov 2026

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.

Moksh Ornaments 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.Moksh Ornaments dividend history

Annual general meeting, 30 Sep 2026

35,282 shareholders on the register on 23 Sep 2026; present: 2 promoters and 42 others; votes counted by Jaymin Modi / M/s Jaymin Modi & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 44.65% · promoters 100.00% · institutions 0.00% · other public 8.25%

  2. Appointment of Mr. Amrit Jawanmalji shah (DIN: 05301251) who retires by rotation & being eligible offers himself for re-appointment as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 44.65% · promoters 100.00% · institutions 0.00% · other public 8.25%

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.

Extraordinary general meeting, 26 Jun 2026, 1 resolution

35,764 shareholders on the register on 19 Jun 2026; present: 2 promoters and 40 others; votes counted by Jaymin Modi / M/s Jaymin Modi & Co..The company's voting result (opens in a new tab)

  1. REGULARIZATION OF MR. SHARAD KUMAR VYAS (DIN: 10984064) AS NON-EXECUTIVE, INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 40.10% · promoters 100.00% · institutions 0.00% · other public 0.03%

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.

Postal ballot, 5 Jun 2026, 2 resolutions

36,375 shareholders on the register on 1 May 2026; votes counted by Jaymin Modi / M/s. Jaymin Modi and Co.The company's voting result (opens in a new tab)

  1. TO APPROVE THE INCREASE IN BORROWING LIMITS UNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013.
    Special
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.65%

    Turnout: all 44.59% · promoters 100.00% · institutions 0.00% · other public 7.52%

  2. TO APPROVE CREATION OF CHARGES ON THE ASSETS OF THE COMPANY UNDER SECTION 180(1)(A) OF THE COMPANIES ACT, 2013 TO SECURE THE BORROWINGS MADE/TO BE MADE UNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013.MoreLess
    Special
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.65%

    Turnout: all 44.59% · promoters 100.00% · institutions 0.00% · other public 7.52%

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.

Extraordinary general meeting, 13 Mar 2026, 1 resolution

36,663 shareholders on the register on 6 Mar 2026; present: 2 promoters and 36 others; votes counted by Jaymin Modi / M/s Jaymin Modi & Co..The company's voting result (opens in a new tab)

  1. REGULARIZATION OF MR. YOGESH ARVIND BHAI BHUVA (DIN: 09293985) AS NON-EXECUTIVE, INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 40.15% · promoters 100.00% · institutions 0.00% · other public 0.11%

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.

Annual general meeting, 30 Sep 2025, 4 resolutions

39,579 shareholders on the register on 23 Sep 2025; present: 2 promoters and 39 others; votes counted by Jaymin Modi / M/s Jaymin Modi & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 and the Reports of the Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 37.20% · promoters 100.00% · institutions 0.00% · other public 0.56%

  2. Appointment of Mrs. Sangeeta Amritlal Shah (DIN: 05301330) who retires by rotation & being eligible offers himself for re-appointment as Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 37.20% · promoters 100.00% · institutions 0.00% · other public 0.56%

  3. Re-appointment of Ms. Mitwa Nayan Shah (Din: 08869161) as an Independent Director of the Company for a second term of five consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 37.20% · promoters 100.00% · institutions 0.00% · other public 0.56%

  4. To appoint M/s Jaymin Modi & Co., firm of company secretaries in practice as secretarial auditors for a term of upto 5 (five) consecutive years, fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 37.20% · promoters 100.00% · institutions 0.00% · other public 0.56%

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.

Extraordinary general meeting, 17 Jul 2025, 2 resolutions

40,086 shareholders on the register on 10 Jul 2025; present: 3 promoters and 41 others; votes counted by Jaymin Modi / M/s Jaymin Modi & Co..The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE ISSUE OF EQUITY SHARES ON PREFERENTIAL BASIS TO THE PROMOTER CATEGORY INVESTORS FOR CASH.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.42%

  2. TO CONSIDER AND APPROVE ISSUE OF WARRANTS CONVERTIBLE INTO EQUITY SHARES ON PREFERENTIAL BASIS TO THE PROMOTER GROUP CATEGORY INVESTOR FOR CASH.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.42%

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.

Postal ballot, 7 May 2025, 4 resolutions

40,935 shareholders on the register on 4 Apr 2025; votes counted by Mr. Jaymin Modi / Jaymin Modi & Co..The company's voting result (opens in a new tab)

  1. Regularization of Additional Director Mr. Tejraj Mithalal Jain Ganna (Din: 00098113) by appointing him as Non-Executive Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.56%

    Turnout: all 37.03% · promoters 100.00% · institutions 0.00% · other public 0.29%

  2. Regularization of Additional Director Mr. Neville Sheriyar Irani (Din: 05181019) by appointing him as Non-Executive Non-Independent Director.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.89%

    Turnout: all 37.02% · promoters 100.00% · institutions 0.00% · other public 0.26%

  3. Regularization of Additional Director Mr. Siddarth Sanghi (Din: 00033401) by appointing him as Non-Executive Non-Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.89%

    Turnout: all 37.02% · promoters 100.00% · institutions 0.00% · other public 0.26%

  4. To Approve Change in Designation of Mrs. Sangeeta Amritlal Shah DIN:05301330) From Non- Executive Director to Executive Director:
    SpecialPromoters have an interest in it
    97.17% for2.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.83%

    Turnout: all 0.15% · promoters 0.00% · institutions 0.00% · other public 0.26%

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.

Annual general meeting, 30 Sep 2024, 2 resolutions

Present: 2 promoters and 34 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 and the Reports of the Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.22%

    Turnout: all 55.16% · promoters 100.00% · institutions 0.00% · other public 0.05%

  2. Appointment of Mr. Amrit Jawanmalji Shah (DIN: 05301251) who retires by rotation & being eligible offers himself for re-appointment as Director:
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 60.26%

    Turnout: all 8.99% · promoters 16.28% · institutions 0.00% · other public 0.04%

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 penaltyNational Stock Exchange of India Limited (NSE)Since 27 May 2026

    NSE imposed a monetary penalty on the Company for non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015. The fine was levied at ₹5,000 per day for 15 days, aggregating to ₹75,000 plus GST .

    Non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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

None open at any 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 Sep 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 preferential issue sells new shares to chosen investors rather than to the public. 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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesAug 20256.75To meet the Company’s business expansion plans, including the setting up of new manufacturing units, procurement of specialised machinery.2.502.50No
Preferential IssuesAug 20256.75To meet working capital requirements of the Company4.004.00No
Preferential IssuesAug 20256.75To meet general corporate expenditure0.250.25No
Preferential IssuesAug 20251.69To meet the Company’s business expansion plans, including the setting up of new manufacturing units, procurement of specialised machinery.0.620.62No
Preferential IssuesAug 20251.69To meet working capital requirements of the Company1.001.00No
Preferential IssuesAug 20251.69To meet general corporate expenditure0.060.06No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.