Mrugesh Trading logo

Mrugesh Trading MD, chairman, board of directors and AGM

BSE: 512065FinanceSmall Cap

Last close ₹64.20down ₹3.28 (4.86%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹67.48.

52-week range of traded prices to 23 Oct 2026
₹1.59Low, 24 Oct 2025₹115.30High, 1 Sep 2026
Market cap
₹4,638 Cr1,306th largest listed
P/E
Earlier quarters restated in the year
P/B
64.3
Dividend yield
Nonein the last 12 months
ROCE
−1.9%
Debt to equity
0.03
Volume, BSE
40,049

Mrugesh Trading board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.

  • Chairperson and managing directorBABUBHAI BHALABHAI MAKWANA

4 directors2 independent1 executive1 non-executive

  • BABUBHAI BHALABHAI MAKWANA · Chairperson and managing directorExecutive · joined Feb 2026 · 1 listed board
  • SWATI JAINIndependent · joined May 2024 · 25 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 5 as chair
  • PEEYUSH SETHIAIndependent · joined Jun 2024 · 24 months as independent · 5 listed boards · 4 as independent · 7 committee seats, 1 as chair
  • AJIT DASHRATHJI THAKORNon-executive · joined Apr 2024 · 1 listed board · 2 committee seats

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.

1 director who left
  • ARPIT PIYUSHBHAI SHAH, left 20 Feb 2026: Others

Committees and meetings

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

  • Board

    • 25 Jun 20264 of 4 present2 independent · 26 days in between
    • 29 May 20264 of 4 present2 independent · 35 days in between
    • 23 Apr 20264 of 4 present2 independent · 12 days in between
    • 10 Apr 20264 of 4 present2 independent · 48 days in between
    4 earlier meetings
    • 20 Feb 20264 of 4 present2 independent · 5 days in between
    • 14 Feb 20264 of 4 present2 independent · 2 days in between
    • 11 Feb 20264 of 4 present2 independent · 4 days in between
    • 6 Feb 20264 of 4 present2 independent
  • Audit Committee

    Chair SWATI JAIN

    PEEYUSH SETHIA, AJIT DASHRATHJI THAKOR

    • 29 May 20263 of 3 present2 independent · 48 days in between
    • 10 Apr 20263 of 3 present2 independent · 54 days in between
    • 14 Feb 20263 of 3 present2 independent · 2 days in between
    • 11 Feb 20263 of 3 present2 independent · 4 days in between
    1 earlier meeting
    • 6 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair SWATI JAIN

    PEEYUSH SETHIA, AJIT DASHRATHJI THAKOR

    • 20 Feb 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair AJIT DASHRATHJI THAKOR

    SWATI JAIN, PEEYUSH SETHIA

    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.

  • DDS & AssociatesPeer-review certificate valid to Sep 2026
1 earlier auditor
  • J Singh & AssociatesNamed 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.

Mrugesh Trading 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.Mrugesh Trading share news and announcements

Annual general meeting, 30 Sep 2026

3,308 shareholders on the register on 23 Sep 2026; present: 0 promoters and 16 others; votes counted by Jay Pandya / Jay Pandya & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on 31st March, 2026 and Statement of Profit and Loss together with the notes forming part thereof and Cash Flow Statement for the Financial Year ended on that date, and the reports of the Board of Directors ("The Board") and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.62% · promoters 0.00% · institutions 0.00% · other public 99.88%

  2. To appoint a director in place of Mr. Ajit Dashrathji Thakor (DIN: 10218830) who is retiring by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.62% · promoters 0.00% · institutions 0.00% · other public 99.88%

  3. To appoint M/s. D D S & Associates, Chartered Accountants, (FRN: 120362W), as the Statutory Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.62% · promoters 0.00% · institutions 0.00% · other public 99.88%

  4. Appointment of M/s. Jay Pandya & Associates, Company Secretaries, Ahmedabad (FRN: S2024GJ963300) as the Secretarial Auditor of the Company for a Period of Five (5) Years.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.62% · promoters 0.00% · institutions 0.00% · other public 99.88%

  5. Change of Registered Address of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 99.62% · promoters 0.00% · institutions 0.00% · other public 99.88%

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.

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
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
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 Jun 2026. 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 IssuesMay 202472.00For Business growth and Working Capital Requirements of the Company.72.0039.50No
₹ 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.