Nova Iron & Steel MD, chairman, board of directors and AGM
BSE: 513566Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹13.24.
- 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.
- ₹47 Cr3,517th 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 11 Sep 2026
- −13.5%
- 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, BSEVolume. Shares traded on the last trading day.
- 1,178
Nova Iron & Steel 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
- ChairpersonHARDEV CHAND VERMA
- Company Secretary and Compliance OfficerDheeraj Kumar
3 directors1 independent1 executive1 non-executive
- DINESH KUMAR YADAVExecutive · joined Aug 2021 · reappointed Jan 2022 · 1 listed board · 2 committee seats
- HARDEV CHAND VERMA · ChairpersonNon-executive · joined Aug 2013 · reappointed Sep 2025 · 1 listed board
- SURAJ PRAKASH CHOUDHARYIndependent · joined Nov 2024 · reappointed Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 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.
2 directors who left
- KUSUM NARUKA, left 3 Jun 2026: Others
- GAURAV SHARMA, left 30 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 17 Jun 20263 of 3 present1 independent · 17 days in between
- 30 May 20263 of 4 present2 independent · 51 days in between
- 8 Apr 20263 of 4 present2 independent · 40 days in between
- 26 Feb 20263 of 4 present2 independent
Audit Committee
SURAJ PRAKASH CHOUDHARY, DINESH KUMAR YADAV
- 30 May 20263 of 3 present2 independent · 92 days in between
- 26 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SURAJ PRAKASH CHOUDHARY
HARDEV CHAND VERMA
- 8 Apr 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair SURAJ PRAKASH CHOUDHARY
DINESH KUMAR YADAV
- 16 Apr 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair SURAJ PRAKASH CHOUDHARY
DINESH KUMAR YADAV, HARDEV CHAND VERMA
- 26 Feb 20262 of 3 present1 independent
Borrowing Committee
Chair DINESH KUMAR YADAV
HARDEV CHAND VERMA, KUSUM NARUKA
No meeting listed in the filing.
Borrowing Commeittee
- 26 Feb 20262 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.
- MNRS & AssociatesPeer-review certificate valid to Aug 2029
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.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSESince 30 Jun 2026
Fine of Rs.1,71,100 levied
Non-submission of the financial results for the quarter and year ended March 31, 2026, within the period prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
- Tax disputeDeputy Commissioner of Income TaxSince 26 Oct 2021Pending with CIT(A)
- Tax disputeDeputy Commissioner of Income TaxSince 12 Apr 2022Pending with CIT(A)
- Tax disputeDeputy Commissioner of Income TaxSince 30 Aug 2024Pending with CIT(A)
- Tax disputeDeputy Commissioner of Income TaxSince 8 Apr 2025Pending with CIT(A)
- Tax disputeDeputy Commissioner of Income TaxSince 26 Nov 2025Pending with CIT(A)
- Tax disputeDeputy Commissioner of Income TaxSince 9 Jun 2022Pending with CIT(A)
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
- No
- The board has a regular chairperson
- No
- 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
- Yes
- 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.