National Standard (India) logo

National Standard (India) MD, chairman, board of directors and AGM

NSE: NATIONSTDBSE: 504882RealtySmall Cap

Last close ₹100.89down ₹4.01 (3.82%)BSE ₹102.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹104.90.

52-week range of BSE trades to 23 Oct 2026
₹99.30Low, 28 Aug 2026₹2,338.00High, 12 Jan 2026
Market cap
₹202 Cr1,010th largest listed
P/E
19.6
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
3.6%
ROCE
−1.5%
Debt to equity
0.00
Volume, NSE
9,29985.4% delivered

National Standard (India) 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

  • ChairpersonRavi Dodhia
  • Company Secretary and Compliance OfficerHitesh Marthak

6 directors3 independent3 non-executive

  • Prakash VaghelaIndependent · joined Feb 2018 · reappointed Feb 2023 · 104 months as independent · 6 listed boards · 6 as independent · 10 committee seats, 3 as chair
  • Kurian ArimpurNon-executive · joined Nov 2018 · reappointed Aug 2026 · 1 listed board · 1 committee seat
  • Ritika BhallaIndependent · joined Jul 2022 · 51 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • Ravi Dodhia · ChairpersonNon-executive · joined Jul 2023 · 1 listed board · 2 committee seats, 1 as chair
  • Sanjay BahadIndependent · joined Jul 2026 · 2 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Vikas JainNon-executive · joined Jul 2026 · 0 listed boards

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.

3 directors who left
  • Vinod Shah, left 19 Jul 2026: Tenure Completion
  • Bhushan Shah, left 5 Jul 2026: Tenure Completion
  • Smita Ghag, left 7 Nov 2025: Others

Committees and meetings

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

  • Board

    • 20 Jul 20266 of 6 present3 independent · 93 days in between
    • 17 Apr 20266 of 6 present4 independent
  • Audit Committee

    Chair Prakash Vaghela

    Ravi Dodhia, Sanjay Bahad

    • 20 Jul 20263 of 3 present2 independent · 93 days in between
    • 17 Apr 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Prakash Vaghela

    Ravi Dodhia, Ritika Bhalla

    • 20 Jul 20263 of 3 present2 independent · 93 days in between
    • 17 Apr 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair Ravi Dodhia

    Kurian Arimpur, Sanjay Bahad

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Ravi Dodhia

    Darshan Multani, Sanjay Bahad, Ritika Bhalla

    • 17 Apr 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair Ravi Dodhia

    Prakash Vaghela, Ritika Bhalla

    • 17 Apr 20263 of 3 present2 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.

  • MSKA & Associates LLP (Formerly known as MSKA & Associates, Chartered Accountants)Peer-review certificate valid to Jul 2027
1 earlier auditor
  • MSKA & Associates, Chartered AccountantsNamed 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.

National Standard (India) 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.National Standard (India) share news and announcements

Meeting called by the tribunal, 9 Oct 2026

5,833 shareholders on the register on 2 Oct 2026; present: 1 promoter and 47 others; votes counted by Dipika Shetty / Dipika S Shetty & Co.The company's voting result (opens in a new tab)

  1. Approve Scheme of Merger by Absorption of Roselabs Finance Limited ('First Transferor Company') and National Standard (India) Limited ('Second Transferor Company') with Lodha Developers Limited ('Transferee Company') and their respective shareholders and creditorsMoreLess
    Special
    99.67% for0.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.44%

    Turnout: all 96.18% · promoters 100.00% · institutions 0.00% · other public 85.35%

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, 28 Aug 2026, 7 resolutions

5,324 shareholders on the register on 21 Aug 2026; present: 1 promoter and 29 others; votes counted by Shravan A Gupta / Shravan A Gupta & 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 March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 97.08% · promoters 100.00% · institutions 0.00% · other public 88.79%

  2. To appoint a director in place of Mr. Kurian Arimpur (DIN: 08265692), who retires 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 97.08% · promoters 100.00% · institutions 0.00% · other public 88.79%

  3. Appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 97.08% · promoters 100.00% · institutions 0.00% · other public 88.79%

  4. Appointment of Mr. Vikas Jain (DIN: 11383069) as a Non-Executive Non-Independent Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 97.08% · promoters 100.00% · institutions 0.00% · other public 88.79%

  5. Appointment of Mr. Sanjay Bahad (DIN 09066910) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 97.08% · promoters 100.00% · institutions 0.00% · other public 88.79%

  6. Re-appointment of Ms. Ritika Bhalla (DIN: 09668373) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 97.08% · promoters 100.00% · institutions 0.00% · other public 88.79%

  7. Approve Material Related Party Transactions with Cowtown Infotech Services Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 23.14% · promoters 0.00% · institutions 0.00% · other public 88.79%

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
Yes
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.