Orient Technologies MD, chairman, board of directors and AGM
NSE: ORIENTTECHBSE: 544235IT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹206.82.
- 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.
- ₹950 Cr1,339th 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. The filing of 27 May 2026
- 2.8
- 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 is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- −0.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹24 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 6.3%
- 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
- 5.4%
- 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. The filing of 27 May 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,31,08,7733.7% delivered
Orient Technologies 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
- Chairperson and managing directorAjay Baliram Sawant
8 directors4 independent4 executive
- Ajay Baliram Sawant · Chairperson and managing directorExecutive · joined Jul 1997 · reappointed Oct 2023 · 1 listed board · 1 committee seat
- Jayesh Manharlal ShahExecutive · joined Jul 1997 · reappointed Oct 2023 · 1 listed board · 1 committee seat
- Ujwal Arvind MhatreExecutive · joined Jul 1997 · reappointed Oct 2023 · 1 listed board
- Umesh Navnitlal ShahExecutive · joined Jul 1997 · reappointed Oct 2023 · 1 listed board
- Greena Mahesh KaraniIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Monica Sanjeev Kumar BhatiaIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent
- Tushar Madhuvandas ParikhIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 2 listed boards · 1 as independent · 2 committee seats
- Viren Champaklal ShahIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 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.
1 director who left
- Meera Jasbir Rawat, left 7 May 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 27 May 20268 of 8 present4 independent · 102 days in between
- 13 Feb 20268 of 8 present4 independent
Audit Committee
Chair Greena Mahesh Karani
Tushar Madhuvandas Parikh, Ajay Baliram Sawant
- 27 May 20263 of 3 present2 independent · 102 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Tushar Madhuvandas Parikh
Monica Sanjeev Kumar Bhatia, Ajay Baliram Sawant
- 27 May 20263 of 3 present2 independent · 102 days in between
- 13 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Viren Champaklal Shah
Tushar Madhuvandas Parikh, Jayesh Manharlal Shah
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Monica Sanjeev Kumar Bhatia
Viren Champaklal Shah, Umesh Navnitlal Shah, Ujwal Arvind Mhatre
No meeting listed in the filing.
Independent Directors Committee
Chair Tushar Madhuvandas Parikh
Greena Mahesh Karani, Monica Sanjeev Kumar Bhatia, Viren Champaklal Shah
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 Jun 2025.
- Kirtane & Pandit LLPPeer-review certificate valid to Dec 2025
1 earlier auditor
- Kirtne and Pandit LLPNamed 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.
Orient Technologies 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.Orient Technologies dividend history
Annual general meeting, 23 Sep 2026
89,446 shareholders on the register on 16 Sep 2026; present: 13 promoters and 26 others; votes counted by Alwyn D'Souza / Alwyn D'Souza & Co..The company's voting result (opens in a new tab)
To receive, consider and adopt Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 70.87% · promoters 99.96% · institutions 0.00% · other public 0.83%
- To appoint a director in place of Mr. Umesh Navnitlal Shah (DIN:00111751), who retires by rotation, and being eligible, offers himself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.48%
Turnout: all 70.87% · promoters 99.96% · institutions 0.00% · other public 0.83%
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, 26 Mar 2026, 1 resolution
95,715 shareholders on the register on 20 Feb 2026; votes counted by Alwyn D'Souza / Alwyn D'Souza & Co..The company's voting result (opens in a new tab)
- TO CONSIDER AND APPROVE THE EXTENSION OF THE TIMELINE FOR UTILIZATION OF THE PROCEEDS OF THE PUBLIC ISSUE, AS DISCLOSED IN THE COMPANYS PROSPECTUS DATED AUGUST 26, 2024, UP TO MARCH 31, 2027.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.92%
Turnout: all 73.57% · promoters 99.98% · institutions 0.00% · other public 1.29%
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, 18 Dec 2025, 1 resolution
86,555 shareholders on the register on 14 Nov 2025; votes counted by Alwyn D'Souza / Alwyn D'Souza & Co..The company's voting result (opens in a new tab)
- TO CONSIDER AND APPROVE THE ISSUE OF BONUS SHARES IN THE RATIO OF 1 (ONE) EQUITY SHARE FOR EVERY 10 (TEN) EQUITY SHARES HELD BY THE MEMBERS OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 73.50% · promoters 99.98% · institutions 0.13% · other public 1.07%
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, 23 Sep 2025, 4 resolutions
86,414 shareholders on the register on 12 Sep 2025; present: 9 promoters and 37 others; votes counted by Alwyn D'Souza / Alwyn D'Souza & Co..The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the reports of the Board and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 73.50% · promoters 99.94% · institutions 0.00% · other public 1.15%
- To confirm the payment of Interim Dividend as the final dividend on Equity shares for Financial Year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 73.50% · promoters 99.94% · institutions 0.00% · other public 1.15%
- To appoint a director in place of Mr. Ujwal Arvind Mahtre (DIN:00111148), 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 0.11%
Turnout: all 73.50% · promoters 99.94% · institutions 0.00% · other public 1.15%
To approve the appointment of M/s. Alwyn Jay & Co., Company Secretaries as Secretarial Auditor of the Company for a term of 5 (five) consecutive years from the financial year 2025- 26 to financial year 2029-30 and to fix their remuneration.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 73.50% · promoters 99.94% · institutions 0.00% · other public 1.15%
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, 30 Mar 2025, 1 resolution
84,810 shareholders on the register on 21 Feb 2025; votes counted by CS ALWYN D'SOUZA / ALWYN D'SOUZA & CO..The company's voting result (opens in a new tab)
- 1 - To consider and approve certain variations in the utilization of proceeds from the Public Issue, as outlined in the Company Prospectus dated August 26, 2024.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.47%
Turnout: all 75.57% · promoters 99.98% · institutions 63.49% · other public 4.93%
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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount | Reason and comments |
|---|---|---|---|---|---|---|---|
| Public IssuesAug 2024, checked by CARE RATINGS LIMITED | 214.76 | Acquisition of office premise at Navi Mumbai | 10.35 | 10.35 | Yes | Utilization of gross proceeds towards acquisition of office premises is in line with the prospectus. However, as mentioned in the Prospectus, utilization towards issue expenses should be excluding Goods and Services Tax (GST) whereas the company has utilized proceeds by making payments to a certain vendor including GST.MoreLessAudit committee: Committee has noted the deviation as reported in the Monitoring agency report. The Committee has suggested to the Board of Directors to take less reimbursement of issue expenses in Company Account to the extent of the excess GST amount paid. The Board of Directors have taken note and are in the process of doing the same.MoreLessAuditors: Offer related expenses with regards to the Fresh issue as disclosed in the Prospectus is excluding GST component. However, the Offer related expenses with regards to the Fresh issue paid by the Company during the quarter ended June 30, 2025 from the IPO Public Escrow Account is including GST component.MoreLess | |
| Public IssuesAug 2024, checked by CARE RATINGS LIMITED | 214.76 | Funding our Capital Expenditure requirements | 79.65 | 4.48 | Yes | Utilization of gross proceeds towards acquisition of office premises is in line with the prospectus. However, as mentioned in the Prospectus, utilization towards issue expenses should be excluding Goods and Services Tax (GST) whereas the company has utilized proceeds by making payments to a certain vendor including GST.MoreLessAudit committee: Committee has noted the deviation as reported in the Monitoring agency report. The Committee has suggested to the Board of Directors to take less reimbursement of issue expenses in Company Account to the extent of the excess GST amount paid. The Board of Directors have taken note and are in the process of doing the same.MoreLessAuditors: Offer related expenses with regards to the Fresh issue as disclosed in the Prospectus is excluding GST component. However, the Offer related expenses with regards to the Fresh issue paid by the Company during the quarter ended June 30, 2025 from the IPO Public Escrow Account is including GST component.MoreLess | |
| Public IssuesAug 2024, checked by CARE RATINGS LIMITED | 214.76 | General corporate purposes | 17.93 | 17.00 | Yes | Utilization of gross proceeds towards acquisition of office premises is in line with the prospectus. However, as mentioned in the Prospectus, utilization towards issue expenses should be excluding Goods and Services Tax (GST) whereas the company has utilized proceeds by making payments to a certain vendor including GST.MoreLessAudit committee: Committee has noted the deviation as reported in the Monitoring agency report. The Committee has suggested to the Board of Directors to take less reimbursement of issue expenses in Company Account to the extent of the excess GST amount paid. The Board of Directors have taken note and are in the process of doing the same.MoreLessAuditors: Offer related expenses with regards to the Fresh issue as disclosed in the Prospectus is excluding GST component. However, the Offer related expenses with regards to the Fresh issue paid by the Company during the quarter ended June 30, 2025 from the IPO Public Escrow Account is including GST component.MoreLess | |
| Public IssuesAug 2024, checked by CARE RATINGS LIMITED | 214.76 | Issue Expenses | 12.07 | 7.73 | Yes | 0.01 | Utilization of gross proceeds towards acquisition of office premises is in line with the prospectus. However, as mentioned in the Prospectus, utilization towards issue expenses should be excluding Goods and Services Tax (GST) whereas the company has utilized proceeds by making payments to a certain vendor including GST.MoreLessAudit committee: Committee has noted the deviation as reported in the Monitoring agency report. The Committee has suggested to the Board of Directors to take less reimbursement of issue expenses in Company Account to the extent of the excess GST amount paid. The Board of Directors have taken note and are in the process of doing the same.MoreLessAuditors: Offer related expenses with regards to the Fresh issue as disclosed in the Prospectus is excluding GST component. However, the Offer related expenses with regards to the Fresh issue paid by the Company during the quarter ended June 30, 2025 from the IPO Public Escrow Account is including GST component.MoreLess |