Mukta Arts MD, chairman, board of directors and AGM
NSE: MUKTAARTSBSE: 532357EntertainmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹51.00.
- 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.
- ₹107 Cr2,743rd 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.
- 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
- 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 12 Aug 2026
- −106.1%
- 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, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 21,03051.9% delivered
Mukta Arts 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
- ChairpersonSUBHASH KRISHANDAYAL GHAI
- Managing directorRAHUL VINOD PURI
- Company Secretary and Compliance OfficerPratiksha Panchal
7 directors4 independent2 executive1 non-executive
- SUBHASH KRISHANDAYAL GHAI · ChairpersonExecutive · joined Sep 1982 · reappointed May 2023 · 1 listed board
- RAHUL VINOD PURI · Managing directorExecutive · joined Jul 2007 · reappointed May 2023 · 1 listed board
- PARVEZ AKHTAR FAROOQUINon-executive · joined Mar 2000 · reappointed Jun 2017 · 1 listed board · 2 committee seats, 1 as chair
- KAPIL BAGLAIndependent · joined Aug 2022 · reappointed Aug 2022 · 46 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
- CHANDRASHEKHAR RENTALAIndependent · joined Oct 2024 · reappointed Oct 2024 · 20 months as independent · 1 listed board · 1 as independent
- RAJENDRA KAPILRAI DOSHIIndependent · joined Aug 2025 · reappointed Aug 2025 · 10 months as independent · 1 listed board · 1 as independent · 2 committee seats
- MADHUMATI RAMCHANDRA LELEIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 1 listed board · 1 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.
1 director who left
- Paulomi Romi Dhawan, left 27 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20267 of 7 present4 independent · 98 days in between
- 12 Feb 20266 of 7 present3 independent
Audit Committee
Chair KAPIL BAGLA
PARVEZ AKHTAR FAROOQUI, RAJENDRA KAPILRAI DOSHI
- 22 May 20263 of 3 present2 independent · 98 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair KAPIL BAGLA
PARVEZ AKHTAR FAROOQUI, RAJENDRA KAPILRAI DOSHI
- 22 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair PARVEZ AKHTAR FAROOQUI
RAJENDRA KAPILRAI DOSHI, KAPIL BAGLA
- 22 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair PARVEZ AKHTAR FAROOQUI
RAHUL PURI, CHANDRASHEKHAR RENTALA
- 22 May 20263 of 3 present1 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.
- GAMS & Associates LLPPeer-review certificate valid to Apr 2029
1 earlier auditor
- Uttam Abuwala Ghosh & 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.
Mukta Arts 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.Mukta Arts dividend history
Annual general meeting, 22 Sep 2026
7,771 shareholders on the register on 15 Sep 2026; present: 8 promoters and 7,763 others; votes counted by Kaushal Dalal / KDA & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Annual Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · other public 0.04%
Turnout: all 71.19% · promoters 100.00% · other public 1.66%
- To appoint Mr. Parvez Farooqui (DIN: 00019853), who retires by rotation as a Director and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.04%
Turnout: all 63.35% · promoters 88.91% · other public 1.66%
- To approve Sale/ Divestment/ Dilution/ Disposal of the Company’s investments in material subsidiarySpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.04%
Turnout: all 71.19% · promoters 100.00% · other public 1.66%
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, 24 Sep 2025, 5 resolutions
8,200 shareholders on the register on 17 Sep 2025; present: 14 promoters and 8,228 others; votes counted by Kaushal Dalal / KDA & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Annual Audited (Standalone and Consolidated) Financial Statements of the Company for the Financial Year ended 31st March, 2025, together with the Reports of Board of Directors and Auditors thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 72.70% · promoters 100.00% · institutions 0.00% · other public 6.82%
- To appoint Mr. Rahul Puri (DIN: 01925045), who retires by rotation as a Director and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 72.70% · promoters 100.00% · institutions 0.00% · other public 6.82%
- To appoint Mr. Rajendra Kapilrai Doshi (DIN: 07499476) as Non-Executive, Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 72.70% · promoters 100.00% · institutions 0.00% · other public 6.82%
- To appoint M/s G A M S & Associates LLP as the Statutory Auditor of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 72.70% · promoters 100.00% · institutions 0.00% · other public 6.82%
- Appointment of M/s KDA & Associates as Secretarial Auditor of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 72.70% · promoters 100.00% · institutions 0.00% · other public 6.82%
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, 21 Aug 2025, 1 resolution
8,459 shareholders on the register on 11 Jul 2025; votes counted by Kaushal Dalal / KDA & Associates.The company's voting result (opens in a new tab)
- APPOINTMENT OF MRS. MADHUMATI RAMCHANDRA LELE (DIN: 09306316) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR THE PERIOD OF 5 YEARSSpecial99.99% for0.01% against
Against: promoters 0.00% · other public 0.38%
Turnout: all 72.34% · promoters 100.00% · other public 5.56%
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.
Postal ballot, 8 Jan 2025, 2 resolutions
9,281 shareholders on the register on 29 Nov 2024; votes counted by Kaushal Dalal / KDA & Associates.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. CHANDRASHEKHAR RENTALA (DIN: 01312412) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.57%
Turnout: all 70.87% · promoters 100.00% · institutions 0.00% · other public 0.56%
- REMUNERATION TO DIRECTORS EXCEEDING THE OVERALL MANAGERIAL REMUNERATION LIMIT AS PER THE PROVISIONS OF SECTION 197 OF THE COMPANIES ACT 2013SpecialPromoters have an interest in it99.79% for0.21% against
Against: promoters 0.00% · institutions 0.00% · other public 0.97%
Turnout: all 0.76% · promoters 0.84% · 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.
Annual general meeting, 27 Sep 2024, 2 resolutions
Present: 15 promoters and 7,092 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Annual Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March, 2024, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 71.12% · promoters 99.97% · institutions 0.00% · other public 1.48%
- To re-appoint Mr. Subhash Ghai (DIN:00019803) as Chairman, Executive Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 71.12% · promoters 99.97% · institutions 0.00% · other public 1.48%
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, 4 Apr 2024, 1 resolution
The company's voting result (opens in a new tab)
- To approve Sale/ Divestment/ Dilution/ Disposal of the Company’s Investment In Material SubsidiarySpecialPromoters have an interest in it90.71% for9.29% against
Against: promoters 0.00% · institutions 0.00% · other public 9.29%
Turnout: all 1.30% · promoters 0.00% · institutions 0.00% · other public 4.43%
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, 27 Sep 2023, 2 resolutions
Present: 8 promoters and 31 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Annual Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 71.15% · promoters 100.00% · institutions 0.00% · other public 1.66%
- To re-appoint Mr. Parvez Farooqui (DIN:00019853) as Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 63.29% · promoters 88.88% · institutions 0.00% · other public 1.66%
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, 16 Aug 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Re-appointment of Mr. Subhash Ghai (DIN:00019803) as Chairman, Executive Director of the Company for a period of 5 yearsSpecialPromoters have an interest in it98.82% for1.18% against
Against: promoters 0.00% · institutions 0.00% · other public 4.72%
Turnout: all 0.74% · promoters 0.79% · institutions 0.00% · other public 0.63%
- Re-appointment of Mr. Rahul Puri (DIN:01925045) as Managing Director of the Company for a period of 5 yearsSpecialPromoters have an interest in it99.04% for0.96% against
Against: promoters 0.00% · institutions 0.00% · other public 4.72%
Turnout: all 0.91% · promoters 1.02% · institutions 0.00% · other public 0.63%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax Department - CIT (A)Since 29 Apr 2015Submission filedAt the filing before: Appeal pending with CIT (A) relating to disallowances of foreign travel, u/s 14A, expenses of personal in nature and loans to subsidiary
- Tax disputeIncome Tax Department - CIT (A)Since 23 Mar 2016Submission filedAt the filing before: Appeal pending with CIT (A) of penalty 271(1) (C)is levied of ₹ 21 Lakhs on the disallowance of expenses
- Tax disputeIncome Tax Department - CIT (A)Since 27 Apr 2016Submission filedAt the filing before: Appeal pending with CIT (A) for relating to disallowances u/s 14A, foreign travel, unverifiable expenses, loans to subsidiary and as per tax audit report.
- Tax disputeIncome Tax Department - CIT (A)Since 6 Jan 2017Submission filedAt the filing before: Appeal pending with CIT (A) for relating to unsecured loan to Serene Securities, loans to subsidiary and unverifiable expenses.
- Tax disputeIncome Tax Department - CIT (A)Since 16 Jan 2017Submission filedAt the filing before: Appeal pending with CIT (A) for disallowances write off of bad debts.
- Tax disputeIncome Tax Department - CIT (A)Since 6 Dec 2021Submission filedAt the filing before: Appeal pending with CIT (A) for penalty levied u/s 270A of the Act.
- Tax disputeIncome Tax Department - CIT (A)Since 15 Jun 2023Submission filedAt the filing before: Appeal pending with CIT (A) relating to cash deposits
- Tax disputeService Tax Appellate TribunalSince 22 Jun 2006Submission filedAt the filing before: Appeal pending with Appellate Tribunal
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
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.