Narendra Properties logo

Narendra Properties CEO, MD, chairman, board of directors and AGM

BSE: 531416RealtySmall Cap

Last close ₹34.00down ₹0.95 (2.72%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹34.95.

52-week range of traded prices to 23 Oct 2026
₹28.90Low, 17 Mar 2026₹44.47High, 3 Jul 2026
Market cap
₹24 Cr3,968th largest listed
P/E
11.6
P/B
0.6
Dividend yield
2.94%
ROE
5.5%
ROCE
−3.0%
Debt to equity
0.00
Volume, BSE
120

Narendra Properties 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

  • ChairpersonMAHENDRA K MAHER
  • Managing director and CEOCHIRAG N MAHER

6 directors3 independent1 executive2 non-executive

  • MAHENDRA K MAHER · ChairpersonNon-executive · joined Nov 2019 · reappointed Sep 2025 · 1 listed board · 1 committee seat, 1 as chair
  • CHIRAG N MAHER · Managing director and CEOExecutive · joined Jul 2003 · reappointed Aug 2024 · 60 months as independent · 1 listed board · 1 committee seat
  • NISHANK SAKARIYANon-executive · joined Sep 2009 · reappointed Sep 2026 · 1 listed board
  • KAVITA PATELIndependent · joined Dec 2021 · 60 months as independent · 2 listed boards · 2 as independent · 1 committee seat
  • NARENDRA KUMAR LUNAWATHIndependent · joined Aug 2023 · 60 months as independent · 1 listed board · 1 as independent
  • ARAVIND KUMAR AYUSH JAINIndependent · joined Aug 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

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 Aug 20266 of 6 present3 independent · 5 days in between
    • 5 Aug 20266 of 6 present3 independent · 96 days in between
    • 30 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair ARAVIND KUMAR AYUSH JAIN

    KAVITA PATEL, MAHENDRA K MAHER

    • 11 Aug 20263 of 3 present2 independent · 5 days in between
    • 5 Aug 20263 of 3 present2 independent · 96 days in between
    • 30 Apr 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair KAVITA PATEL

    NARENDRA KUMAR LUNAWATH, MAHENDRA K MAHER

    • 11 Aug 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair MAHENDRA K MAHER

    CHIRAG N MAHER, ARAVIND KUMAR AYUSH JAIN

    • 11 Aug 20263 of 3 present1 independent · 102 days in between
    • 30 Apr 20263 of 3 present1 independent
  • INDEPENDENT DIRECTORS COMMITTEE

    KAVITA PATEL, NARENDRA KUMAR LUNAWATH, ARAVIND KUMAR AYUSH JAIN

    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.

  • SANJIV SHAH & ASSOCIATES LLPPeer-review certificate valid to Dec 2027
1 earlier auditor
  • SANJIV SHAH & 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.

Narendra Properties 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.Narendra Properties dividend history

Annual general meeting, 29 Sep 2026

2,552 shareholders on the register on 22 Sep 2026; present: 9 promoters and 14 others; votes counted by SNEHA JAIN / SNEHA JAIN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.43% for0.57% against

    Against: promoters 0.00% · other public 3.30%

    Turnout: all 84.66% · promoters 99.90% · other public 48.77%

  2. To declare dividend of Re. 1/- per equity share of Rs. 10/- each fully paid up for the financial year ended 31st March 2026
    Ordinary
    99.43% for0.57% against

    Against: promoters 0.00% · other public 3.30%

    Turnout: all 84.66% · promoters 99.90% · other public 48.77%

  3. To appointment a Director in place of Mr. NISHANK SAKARIYA (holding DIN: 02254929) who retires by rotation and being eligible, offers his candidature for re-appointment.
    Ordinary
    99.43% for0.57% against

    Against: promoters 0.00% · other public 3.30%

    Turnout: all 84.66% · promoters 99.90% · other public 48.77%

  4. To re-appoint Ms. KAVITA PATEL (holding DIN: 09433199) as an Independent Director of the Company for a second term of five years from 27.12.2026 to 26.12.2031.
    Special
    99.43% for0.57% against

    Against: promoters 0.00% · other public 3.30%

    Turnout: all 84.66% · promoters 99.90% · other public 48.77%

  5. To approve payment of remuneration to Mr. NISHANK SAKARIYA (holding DIN: 02254929) Non-Executive Director of the Company.
    Special
    99.00% for1.00% against

    Against: promoters 0.00% · other public 3.30%

    Turnout: all 47.96% · promoters 47.62% · other public 48.77%

  6. Authorisation to make any Investment / give any loan or guarantee / provide security under Section 186 of Companies Act, 2013.
    SpecialPromoters have an interest in it
    99.35% for0.65% against

    Against: promoters 0.00% · other public 3.30%

    Turnout: all 73.38% · promoters 83.84% · other public 48.77%

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
No
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.