Mipco Seamless Rings (Gujarat) MD, chairman, board of directors and AGM
BSE: 505797Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹32.30.
- 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 Cr4,719th 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 14 Aug 2026
- 43.9
- 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.
- Net worth zero or below
- 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 zero or below
- 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.
- Net worth zero or below
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,180
Mipco Seamless Rings (Gujarat) board of directors
At the end of the quarter to Dec 2023, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVenkata Rao Sadhanala
- Company Secretary and Compliance OfficerNISHA KEDIA
5 directors2 independent1 executive2 non-executive
- Sachendra TummalaExecutive · joined Dec 2010 · reappointed Sep 2021 · 1 listed board · 1 committee seat
- P Raji ReddyIndependent · joined Sep 2022 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat, 2 as chair
- Sanjiv Kumar TandonNon-executive · joined Dec 2010 · reappointed Sep 2022 · 1 listed board · 3 committee seats
- Sridevi NadelaIndependent · joined Dec 2014 · reappointed Sep 2019 · 96 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Venkata Rao Sadhanala · ChairpersonNon-executive · joined Jul 2023 · 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
- 11 Nov 20235 of 5 present2 independent · 78 days in between
- 24 Aug 20235 of 5 present2 independent
Audit Committee
Chair Sridevi Nadela
Sanjiv Kumar Tandon, P Raji Reddy
- 11 Nov 20233 of 3 present2 independent · 78 days in between
- 24 Aug 20233 of 3 present2 independent
Nomination and remuneration committee
Chair P Raji Reddy
Sanjiv Kumar Tandon, Sridevi Nadela
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair P Raji Reddy
Sanjiv Kumar Tandon, Sachendra Tummala
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.
- M/s. Bijan Ghosh & Associates Chartered AccountantsPeer-review certificate valid to Apr 2028
1 earlier auditor
- PPKG & 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.
Mipco Seamless Rings (Gujarat) 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.Mipco Seamless Rings (Gujarat) share news and announcements
Annual general meeting, 29 Sep 2026
18,519 shareholders on the register on 22 Sep 2026; present: 0 promoters and 73 others; votes counted by Prity Bishwakarma / M/s. Prity Bishwakarma & Co..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 31st March 2026 and the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 9.53% · promoters 0.00% · institutions 0.00% · other public 9.57%
- To appoint a Director in place of Mr. Vikky Jain (DIN: 11022293), Whole-Time Director of the Company who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 9.53% · promoters 0.00% · institutions 0.00% · other public 9.57%
To consider and approve the Regularisation of Mr. Shir Sagar Pandey (DIN: 07656863) Additional Director (Non-Executive & Non-Independent) by appointing him as the Non-Executive & NonIndependent Director of the CompanyMoreLess
Special99.90% for0.10% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 9.53% · promoters 0.00% · institutions 0.00% · other public 9.57%
- To consider and approve the Alteration in the Object Clause of the Memorandum of Association of the CompanySpecial99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 9.53% · promoters 0.00% · institutions 0.00% · other public 9.57%
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
- No
- The chair is related to the managing director
- No
The company's own answers in its filing.