MV Electrosystems MD, chairman, board of directors and AGM
NSE: MVELECTROBSE: 544851Industrial Manufacturing
Share price at the NSE close on 23 Oct 2026. Previous close ₹817.15.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹2,150 Cr
- 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.
- No full year
- 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.
- No balance sheet
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Aug 2026
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 11,73,06116.9% delivered
MV Electrosystems board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonSanjeev Mehta
- Managing directorPankaj Rastogi
- Company Secretary and Compliance OfficerSourabh Bansal
9 directors3 independent2 executive4 non-executive
- Sanjeev Mehta · ChairpersonIndependent · joined Sep 2025 · reappointed Oct 2025 · 12 months as independent · 0 listed boards · 1 as independent · 1 committee seat
- Pankaj Rastogi · Managing directorExecutive · joined Oct 2025 · 12 months as independent · 1 listed board
- Vipin SharmaIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 months as independent · 0 listed boards · 1 as independent · 1 committee seat, 1 as chair
- Kanika BhutaniIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 months as independent · 0 listed boards · 2 as independent · 1 committee seat, 1 as chair
- Mohit VohraNon-executive · joined Jul 2009 · 2 listed boards
- Amit DhawanNon-executive · joined Jul 2023 · reappointed Sep 2023 · 2 listed boards
- Sumit DhawanNon-executive · joined Oct 2018 · 1 listed board
- Rahul DhawanExecutive · joined May 2019 · reappointed Nov 2025 · 1 listed board
- Sanjay Kumar SinghNominee, non-executive · joined Aug 2023 · reappointed Sep 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
- 25 Aug 20266 of 6 present3 independent · 32 days in between
- 23 Jul 20266 of 6 present3 independent · 5 days in between
- 17 Jul 20266 of 6 present0 independent · 66 days in between
- 11 May 20266 of 6 present0 independent
Audit Committee
Chair Vipin Sharma
Sanjeev Mehta, Amit Dhawan
- 25 Aug 20263 of 3 present2 independent · 32 days in between
- 23 Jul 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Kanika Bhutani
Vipin Sharma, Sanjeev Mehta
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Kanika Bhutani
Sumit Dhawan, Rahul Dhawan
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.
MV Electrosystems 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.MV Electrosystems share news and announcements
Annual general meeting, 29 Sep 2026
29,162 shareholders on the register on 22 Sep 2026; present: 8 promoters and 27 others; votes counted by TARUNA KALRA / TARUNA KALRA & ASSOCIATES.The company's voting result (opens in a new tab)
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31ST, 2026 TOGETHER WITH THE REPORT OF THE AUDITORS’ THEREON AND THE REPORT OF BOARD OF DIRECTORS.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.14% · promoters 100.00% · institutions 27.53% · other public 22.69%
- TO CONSIDER AND APPROVE THE APPOINTMENT OF MR. MOHIT VOHRA (DIN: 02534402) AS A DIRECTOR OF THE COMPANY, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.14% · promoters 100.00% · institutions 27.53% · other public 22.69%
- TO CONSIDER AND APPROVE THE APPOINTMENT OF MR. SUMIT DHAWAN (DIN: 08260657) AS A DIRECTOR OF THE COMPANY, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.14% · promoters 100.00% · institutions 27.53% · other public 22.69%
- APPOINTMENT OF M/S TARUNA KALRA & ASSOCIATES, PRACTISING COMPANY SECRETARY AS SECRETARIAL AUDITOR AND FIX THEIR REMUNERATIONOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 68.14% · promoters 100.00% · institutions 27.53% · other public 22.69%
- TO APPROVE THE RELATED PARTY TRANSACTIONSOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 30.14% · promoters 34.12% · institutions 27.53% · other public 22.69%
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 Sep 2026.
- Tax disputeCentral goods and services taxSince 8 Oct 2024The appeal filed by the MV Electrosystems Limited is allowed on merit and therefore, the order-in-original is hereby set aside on dated 31.08.2026.At the filing before: The company is listed on 06-08-2026, therefore no last disclosure was made
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
- No
- 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.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.