Vashu Bhagnani Industries MD, chairman, board of directors and AGM
BSE: 532011EntertainmentSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹63.90.
- 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.
- ₹403 Cr1,922nd 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. The filing of 11 Aug 2026
- 157.0
- 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 10 Apr 2026
- 2.7
- 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 11 Aug 2026
- 1.8%
- 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 Aug 2026
- 0.1%
- 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 10 Apr 2026
- 0.04
- Volume, BSEVolume. Shares traded on the last trading day.
- 758
Vashu Bhagnani Industries 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
- Managing directorPUJA VASHU BHAGNANI
- ChairpersonNARENDRAKUMAR BADRINARAYAN PATEL
- Company Secretary and Compliance OfficerSHWETA RAMESH SONI
6 directors3 independent1 executive2 non-executive
- PUJA VASHU BHAGNANI · Managing directorExecutive · joined Jun 2008 · 1 listed board · 1 committee seat
- VASHU LILARAM BHAGNANINon-executive · joined Jan 2008 · 1 listed board
- DEEPSHIKHA DHIRAJ DESHMUKHNon-executive · joined Jan 2008 · 1 listed board · 2 committee seats
- NARENDRAKUMAR BADRINARAYAN PATEL · ChairpersonIndependent · joined May 2019 · reappointed Sep 2024 · 85 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 5 as chair
- KAVITA HITESH JAINIndependent · joined Aug 2024 · 22 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- ASHISH RADHEYSHYAM GOYALIndependent · joined Apr 2026 · 2 months 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 8 Jun 20266 of 6 present3 independent · 34 days in between
- 4 May 20266 of 6 present3 independent · 17 days in between
- 16 Apr 20266 of 6 present3 independent · 5 days in between
- 10 Apr 20266 of 6 present3 independent · 8 days in between
3 earlier meetings
- 1 Apr 20265 of 5 present2 independent · 19 days in between
- 12 Mar 20265 of 5 present2 independent · 27 days in between
- 12 Feb 20265 of 5 present2 independent
Audit Committee
Chair NARENDRAKUMAR BADRINARAYAN PATEL
KAVITA HITESH JAIN, DEEPSHIKHA DHIRAJ DESHMUKH
- 16 Apr 20263 of 3 present2 independent · 5 days in between
- 10 Apr 20263 of 3 present2 independent · 56 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair KAVITA HITESH JAIN
NARENDRAKUMAR BADRINARAYAN PATEL, DEEPSHIKHA DHIRAJ DESHMUKH
- 10 Apr 20263 of 3 present2 independent
- 1 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair KAVITA HITESH JAIN
NARENDRAKUMAR BADRINARAYAN PATEL, DEEPSHIKHA DHIRAJ DESHMUKH
- 12 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair NARENDRAKUMAR BADRINARAYAN PATEL
KAVITA HITESH JAIN, DEEPSHIKHA DHIRAJ DESHMUKH
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.
- D S M R & COPeer-review certificate valid 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.
Vashu Bhagnani Industries 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.Vashu Bhagnani Industries share news and announcements
Annual general meeting, 26 Sep 2026
3,358 shareholders on the register on 19 Sep 2026; present: 2 promoters and 21 others; votes counted by BALKRISHAN PRADHAN / M/S B K PRADHAN & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To appoint Director in place of Mr. Vashu Lilaram Bhagnani (DIN: 00043481), who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To Appoint M/s Rahul Pramod & Co, Chartered Accountants (FRN: 100149W) as Statutory Auditors of the Company to fill the casual vacancy and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To appoint M/s Rahul Pramod & Co, Chartered Accountants (FRN: 100149W) as Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To approve the Material Related Party Transaction(s) between the Company and Puja Entertainment (India) Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To approve the Material Related Party Transaction(s) between the Company and Pooja Entertainment Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To approve the Material Related Party Transaction(s) between the Company and Jjust Music Label Private Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To approve material Related Party Transaction(s) with M/s Pooja Leisure and Lifestyle.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
- To approve the Material Related Party Transaction(s) between the Company and JVB Emerge Private Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.04% · promoters 86.28% · institutions 0.00% · other public 30.46%
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.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake heldMODERN PRODUCTION FZ LLCSince 15 Jun 2018
0.00% bought in the quarter; holding 100.00%, from 100.00%
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
- 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.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesAug 2025 | 19.16 | – | – | No |