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Pansari Developers MD, chairman, board of directors and AGM

NSE: PANSARIRealtySmall Cap

Last close ₹248.75down ₹3.25 (1.29%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹252.00.

52-week range of traded prices to 23 Oct 2026
₹233.30Low, 24 Oct 2025₹388.90High, 10 Jul 2026
Market cap
₹434 Cr1,848th largest listed
P/E
Earlier quarters restated in the year
P/B
2.8
Dividend yield
Nonein the last 12 months
ROCE
5.1%
Debt to equity
0.43
Volume, NSE
1668.8% delivered

Pansari Developers 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

  • Chairperson and managing directorMAHESH KUMAR AGARWAL
  • Company Secretary and Compliance OfficerBIPASHA BANERJEE

6 directors3 independent2 executive1 non-executive

  • MAHESH KUMAR AGARWAL · Chairperson and managing directorExecutive · joined Jan 2003 · 284 months as independent · 1 listed board · 2 committee seats
  • ANKIT AGARWALExecutive · joined Jun 2016 · 124 months as independent · 1 listed board
  • SHREYA AGARWALNon-executive · joined Oct 2021 · 60 months as independent · 1 listed board
  • SWETA AGARWALIndependent · joined Aug 2026 · 1 month as independent · 4 listed boards · 4 as independent · 1 committee seat
  • NEHA YADAVIndependent · joined Aug 2026 · 1 month as independent · 1 listed board · 1 as independent · 1 committee seat
  • NIKITA RATERIAIndependent · joined Aug 2026 · 1 month as independent · 1 listed board · 1 as independent

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
  • MANOJ AGARWAL, left 24 Aug 2026: Tenure Completion
  • DEBASISH BAL, left 24 Aug 2026: Tenure Completion
  • GARIMA AGARWAL, left 24 Aug 2026: Tenure Completion

Committees and meetings

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

  • Board

    • 24 Aug 20266 of 6 present3 independent · 10 days in between
    • 13 Aug 20266 of 6 present3 independent · 75 days in between
    • 29 May 20266 of 6 present3 independent
  • Audit Committee

    Chair NIKITA RATERIA

    NEHA YADAV, MAHESH KUMAR AGARWAL

    • 13 Aug 20263 of 3 present2 independent · 37 days in between
    • 6 Jul 20263 of 3 present2 independent · 37 days in between
    • 29 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair SWETA AGARWAL

    NEHA YADAV, MAHESH KUMAR AGARWAL

    • 13 Aug 20263 of 3 present2 independent · 75 days in between
    • 29 May 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair NIKITA RATERIA

    SWETA AGARWAL, MAHESH KUMAR AGARWAL

    • 13 Aug 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 Jun 2026.

  • GARV & ASSOCIATESPeer-review certificate valid to Aug 2027
1 earlier auditor
  • G A R V & AssociatesNamed in the filing for the quarter to Mar 2026

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.

Pansari Developers 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.Pansari Developers share news and announcements

Annual general meeting, 30 Sep 2026

1,281 shareholders on the register on 23 Sep 2026; present: 17 promoters and 10 others; votes counted by Prakash Kumar Shaw / PRAKASH SHAW & Co..The company's voting result (opens in a new tab)

  1. 1- Adoption of Financial Statements
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  2. 2- Re- appointment of Mr. Ankit Agarwal as Whole Time Director
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  3. 3- Appointment of Statutory Auditors
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  4. 4- To Approve the Re- Appointment of Mr. Mahesh Kumar Agarwal As the Chairman and Managing Director (Key Mangerial Personnel) of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  5. 5- To Approve the Re- Appointment of Mr. Ankit Agarwal as Whole Time Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  6. 6- To Approve the Appointment of MS.Sweta Agarwal (DIN: 11247147) as a Non- Executive Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  7. 7- To Approve the Appointment of MS. Neha Yadav (DIN: 11866493) as a Non- Executive Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  8. 8- To Approve the Appointment of MS.Nikita Rateria (DIN: 07754275) as a Non- Executive Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

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, 6 resolutions

1,182 shareholders on the register on 16 Sep 2025; present: 17 promoters and 18 others; votes counted by PRAKASH KUMAR SHAW / PRAKASH SHAW & CO.The company's voting result (opens in a new tab)

  1. To Receive, Consider and Adopt
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 96.95% · promoters 100.00% · institutions 0.00% · other public 88.30%

  2. Re-Appointment of Ms. Shreya Agarwal as Director
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 96.95% · promoters 100.00% · institutions 0.00% · other public 88.30%

  3. Re-Appointment of Statutory Auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 96.95% · promoters 100.00% · institutions 0.00% · other public 88.30%

  4. To increase the threshold of Loans/Guarantees providing of securities and making of investments in securities u/s 186 of the Comapies Act, 2013.
    Special
    100.00% for0.00% against

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

    Turnout: all 96.95% · promoters 100.00% · institutions 0.00% · other public 88.30%

  5. Approval of Material Related Party Transactions
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 23.07% · promoters 0.00% · institutions 0.00% · other public 88.30%

  6. Appointment of Secretarial Auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 96.95% · promoters 100.00% · institutions 0.00% · other public 88.30%

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, 27 Sep 2024, 3 resolutions

Present: 17 promoters and 13 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt the Audited Financial Statement (both Standalone & the Consolidated financial Statement) of the Company for the financial year ended 31st March, 2024and the Reports of Directors’ and Auditors’ thereon.MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  2. 2. Re-appointmentof Mr. Mahesh Kumar Agarwal as Director
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

  3. 3. Re-appointment of M/s. Garv & Associates, chartered Accountants (FRN: 301094E) as Statutory Auditor of the company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.88% · promoters 100.00% · institutions 0.00% · other public 0.00%

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.

Extraordinary general meeting, 9 Nov 2023, 1 resolution

Present: 26 promoters and 10 others.The company's voting result (opens in a new tab)

  1. Appointment of Statutory Auditor
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.50%

    Turnout: all 63.20% · promoters 85.55% · institutions 0.00% · other public 0.00%

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, 27 Sep 2022, 4 resolutions

Present: 17 promoters and 4 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended 31st March, 2022 and the Reports of Directors¿ and Auditors¿ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.16% · promoters 95.11% · institutions 0.00% · other public 45.53%

  2. Re-appointment of Mr. Mahesh Kumar Agarwal, Director retiring by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.16% · promoters 95.11% · institutions 0.00% · other public 45.53%

  3. To appoint Garv & Associates, Chartered Accountants , as statutory Auditors of the company to hold office from conclusion of this Annual General Meeting of the company till conclusion of next AGM.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.16% · promoters 95.11% · institutions 0.00% · other public 45.53%

  4. To appoint Shreya Agarwal (DIN: 09325927)as Director of the company whose period of office liable to retire by rotation
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.16% · promoters 95.11% · institutions 0.00% · other public 45.53%

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.

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyNSESince 30 Sep 2026

    NIL

  • Tax disputeGOODS & SERVICES TAXSince 20 May 2024
    PENDING
    At the filing before: ORDER FOR CREATION OF DEMAND ISSUED
  • Tax disputeGOODS & SERVICES TAXSince 22 Mar 2024
    PENDING
    At the filing before: ORDER FOR CREATION OF DEMAND ISSUED
  • Tax disputeGOODS & SERVICES TAXSince 21 Jul 2025
    PENDING
    At the filing before: RECOMMENDED FOR ISSUING SCN
  • Tax disputeINCOME TAXSince 24 Nov 2025
    PENDING
    At the filing before: PENDING BEFORE APPELANT AUTHORITY

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

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
Yes
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.