Popular Estate Management MD, chairman, board of directors and AGM
BSE: 531870ConstructionSmall Cap
Share price at the BSE close on 22 Oct 2026. Previous close ₹14.65.
- 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.
- ₹22 Cr4,010th 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 9 May 2026
- 0.5
- 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 10 Aug 2026
- −0.8%
- 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 10 Aug 2026
- −0.6%
- 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 9 May 2026
- 0.20
- Volume, BSEVolume. Shares traded on the last trading day.
- 212
Popular Estate Management board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- ChairpersonSARITABEN NATWARBHAI PATEL
6 directors3 independent2 executive1 non-executive
- HET DASHRATHBHAI PATELExecutive · joined Jul 2021 · 1 listed board
- SARITABEN NATWARBHAI PATEL · ChairpersonNon-executive · joined Jan 2015 · 1 listed board
- SHAISHAV KAUSHIK SHAHIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- JIGNESH SHIRISH VASAVADAIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 1 listed board · 1 as independent · 2 committee seats
- VISHALKUMAR RAMESHBHAI PATELIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat
- VIKRAM CHHAGANLAL PATELExecutive · joined Jan 2021 · 1 listed board · 1 committee seat
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
- SURESHBHAI NATVERLAL PATEL, left 30 Aug 2025: Others
- RAMESHBHAI REVABHAI PATEL, left 30 Aug 2025: Others
- MEHUL BHAGAWATPRASAD PATEL, left 30 Aug 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present3 independent · 1 day in between
- 10 Aug 20266 of 6 present3 independent · 13 days in between
- 27 Jul 20266 of 6 present3 independent · 31 days in between
- 25 Jun 20266 of 6 present3 independent · 46 days in between
3 earlier meetings
- 9 May 20266 of 6 present3 independent · 13 days in between
- 25 Apr 20266 of 6 present3 independent · 23 days in between
- 1 Apr 20266 of 6 present3 independent
Audit Committee
Chair SHAISHAV KAUSHIK SHAH
JIGNESH SHIRISH VASAVADA, VIKRAM CHHAGANLAL PATEL
- 12 Aug 20263 of 3 present2 independent · 1 day in between
- 10 Aug 20263 of 3 present2 independent · 13 days in between
- 27 Jul 20263 of 3 present2 independent · 78 days in between
- 9 May 20263 of 3 present2 independent · 37 days in between
1 earlier meeting
- 1 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHAISHAV KAUSHIK SHAH
JIGNESH SHIRISH VASAVADA, VISHALKUMAR RAMESHBHAI PATEL
- 12 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SHAISHAV KAUSHIK SHAH
JIGNESH SHIRISH VASAVADA, VISHALKUMAR RAMESHBHAI PATEL
- 10 Aug 20263 of 3 present3 independent · 92 days in between
- 9 May 20263 of 3 present3 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.
- H. S. JANI & ASSOCIATESPeer-review certificate valid to Dec 2027
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.
Popular Estate Management 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.Popular Estate Management dividend history
Annual general meeting, 7 Sep 2026
1,831 shareholders on the register on 31 Aug 2026; present: 11 promoters and 8 others; votes counted by Krishna Patel / Krishna Patel & Co..The company's voting result (opens in a new tab)
- TO CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON:Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.05%
Turnout: all 31.22% · promoters 46.62% · other public 0.21%
- TO APPOINT MR. HET PATEL (DIN: 06986909), DIRECTOR, WHO RETIRES BY ROTATION AS A DIRECTOROrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · other public 0.05%
Turnout: all 0.07% · promoters 0.00% · other public 0.21%
- TO CONSIDER AND APPROVE APPOINTMENT OF M/S. KRISHNA PATEL & CO., COMPANY SECRETARY FIRM (FCS NO.13029/C.P.NO.19828) AS SECRETARIAL AUDITOR THE COMPANY AND TO FIX THEIR REMUNERATIONOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.05%
Turnout: all 31.22% · promoters 46.62% · other public 0.21%
- TO APPROVE MATERIAL RELATED PARTY TRANSACTIONSOrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · other public 0.05%
Turnout: all 0.07% · promoters 0.00% · other public 0.21%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeIncome Tax Act, 1961 & related rulesSince 5 Mar 2025pending with Gujarat High Court, Ahmedabad
- Tax disputeIncome Tax Act, 1961 & related rulesSince 15 Dec 2011pending with Gujarat High Court, Ahmedabad
- Tax disputeIncome Tax Act, 1961 & related rulesSince 27 Mar 2015pending with Gujarat High Court, Ahmedabad
- Tax disputeIncome Tax Act, 1961 & related rulesSince 27 Dec 2017pending withCommissioner of Income-tax (Appeals)-9, Income Tax Department, Ahmedabad
- Tax disputeIncome Tax Act, 1961 & related rulesSince 27 Dec 2017pending withCommissioner of Income-tax (Appeals)-9, Income Tax Department, Ahmedabad
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
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.