Prostarm Info Systems CEO, MD, chairman, board of directors and AGM
NSE: PROSTARMBSE: 544410Electrical EquipmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹122.76.
- 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.
- ₹704 Cr1,552nd 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 12 Aug 2026
- 19.7
- 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 22 May 2026
- 2.5
- 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 12 Aug 2026
- 18.3%
- 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
- 12.3%
- 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 22 May 2026
- 0.29
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,87,87440.2% delivered
Prostarm Info Systems board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorTapan Ghose
- Chief executiveRam Agarwal
- Company Secretary and Compliance OfficerSachin Gupta
8 directors5 independent3 executive
- Tapan Ghose · Chairperson and managing directorExecutive · joined Aug 2008 · reappointed Mar 2023 · 1 listed board · 1 committee seat
- Ram Agarwal · Chief executiveExecutive · joined Mar 2022 · reappointed Mar 2023 · 1 listed board · 2 committee seats
- Vikas Shyamsunder AgarwalExecutive · joined Aug 2008 · reappointed Mar 2023 · 1 listed board
- Bhargav ChatterjeeIndependent · joined Mar 2023 · reappointed Mar 2023 · 39 months as independent · 1 listed board · 1 as independent
- Goutam PaulIndependent · joined Mar 2023 · reappointed Mar 2023 · 39 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Mitali ChatterjeeIndependent · joined Mar 2023 · reappointed Mar 2023 · 39 months as independent · 1 listed board · 1 as independent
- Shivkumar BaserIndependent · joined Mar 2023 · reappointed Mar 2023 · 39 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Ganesh PansariIndependent · joined Mar 2023 · reappointed Mar 2023 · 39 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.
1 director who left
- Raghu Ramesh Thammannashastri, left 30 Nov 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20266 of 8 present4 independent · 44 days in between
- 7 Apr 20266 of 8 present5 independent · 52 days in between
- 13 Feb 20266 of 8 present5 independent
Audit Committee
Chair Bhargav Chatterjee
Goutam Paul, Shivkumar Baser, Ram Agarwal
- 22 May 20264 of 4 present3 independent · 44 days in between
- 7 Apr 20263 of 4 present3 independent · 52 days in between
- 13 Feb 20263 of 4 present3 independent
Nomination and remuneration committee
Chair Mitali Chatterjee
Bhargav Chatterjee, Ganesh Pansari, Tapan Ghose
- 22 May 20263 of 4 present2 independent · 97 days in between
- 13 Feb 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Ganesh Pansari
Tapan Ghose, Ram Agarwal
- 13 Feb 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Tapan Ghose
Bhargav Chatterjee, Ram Agarwal, Vikas Shyamsunder Agarwal
- 13 Feb 20262 of 4 present1 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.
- Mansaka Ravi & AssociatesPeer-review certificate valid to Mar 2029
1 earlier auditor
- Mansaka Ravi and AssociatesNamed 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.
Prostarm Info Systems 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.Prostarm Info Systems share news and announcements
Annual general meeting, 11 Sep 2026
40,627 shareholders on the register on 4 Sep 2026; present: 9 promoters and 39 others; votes counted by Sandeep P. Parekh / Sandeep P Parekh & Co, Company Secretaries.The company's voting result (opens in a new tab)
Receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the reports of Board of Directors and of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.26%
Turnout: all 72.93% · promoters 100.00% · institutions 0.07% · other public 0.39%
- Re-appoint Mr. Ram Agarwal (DIN: 01739245) as a Director of the Company, liable to retire by rotation, who had offered himself of reappointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 72.93% · promoters 100.00% · institutions 0.07% · other public 0.39%
- Appoint M/s Valawat and Associates as the Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 72.93% · promoters 100.00% · institutions 0.07% · other public 0.39%
- Ratify the Remuneration payable to M/s Y R Doshi & Company Cost Auditor for the Financial Year 2026-27Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 72.93% · promoters 100.00% · institutions 0.07% · other public 0.39%
- Alter the Objects Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 72.93% · promoters 100.00% · institutions 0.07% · other public 0.39%
- Issue Fully Convertible Warrants Convertible into Equity Shares of the Company on Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.43%
Turnout: all 72.93% · promoters 100.00% · institutions 0.07% · other public 0.39%
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, 25 Jun 2026, 3 resolutions
42,893 shareholders on the register on 22 May 2026; votes counted by Sandeep P. Parekh / Sandeep P Parekh & Co, Company Secretaries.The company's voting result (opens in a new tab)
- To approve the variation in the objects of the issue / variation in the utilisation of proceeds of the Initial Public Offer (IPO)Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 5.01%
Turnout: all 72.95% · promoters 100.00% · institutions 0.12% · other public 0.42%
- To approve the amendments in the Prostarm Employee Stock Option Plan 2024 (“ESOP 2024”) for the employees of the companySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.61%
Turnout: all 72.95% · promoters 100.00% · institutions 0.12% · other public 0.42%
- To approve the amendments in the Prostarm Employee Stock Option Plan 2024 (“ESOP 2024”) for the employees of the subsidiary company(ies)Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.74%
Turnout: all 72.95% · promoters 100.00% · institutions 0.12% · other public 0.42%
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, 31 Dec 2025, 4 resolutions
46,101 shareholders on the register on 21 Nov 2025; votes counted by Sandeep P. Parekh / Sandeep P Parekh & Co, Company Secretaries.The company's voting result (opens in a new tab)
- To Borrow Monies Exceeding the Limits Under Section 180(1)(C) of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 10.33%
Turnout: all 72.88% · promoters 100.00% · institutions 0.00% · other public 0.20%
- To Approve Mortgage/Pledge /Hypothecate/Create Charge on the Assets, Properties or Undertaking(s) of the Company Under Section 180(1)(A) of The Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 10.45%
Turnout: all 72.87% · promoters 100.00% · institutions 0.00% · other public 0.20%
- To Approve Transactions Under Section 185 of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 10.22%
Turnout: all 72.87% · promoters 100.00% · institutions 0.00% · other public 0.20%
- To Make Investments, Give Loans, Guarantees and Security in Excess of Limits Specified Under Section 186 of The Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 10.13%
Turnout: all 72.87% · promoters 100.00% · institutions 0.00% · other public 0.20%
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, 26 Sep 2025, 7 resolutions
44,054 shareholders on the register on 19 Sep 2025; present: 8 promoters and 37 others; votes counted by Sandeep P. Parekh / Sandeep P Parekh & Co, Company Secretaries.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements along with the Reports of the Board and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.87%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
- Re-appoint Mr. Tapan Ghose (DIN: 01739231) as a Director of the Company, liable to retire by rotation, who had offered himself of re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.36%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
- Revision in terms and remuneration of Mr. Raghu Ramesh Thammannashastri (DIN: 03331642), Whole Time Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.36%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
- Ratification of Remuneration of Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.70%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
- Appointment of M/s. Sandeep P Parekh & Co, Company Secretaries as Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
- Ratification of the Prostarm Employee Stock Option Plan 2024 (“ESOP 2024”)Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 22.13%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
- Ratification of grant of stock options to the employees (present / future) of the subsidiary company(ies) if any of the Company under ‘Prostarm Employees Stock Option Plan 2024’ (“ESOP 2024”)Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 22.48%
Turnout: all 67.77% · promoters 93.00% · institutions 0.00% · other public 0.19%
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 Jun 2026.
- Tax disputeCommissioner of Customs, Nhava Seva, Raigad, Maharashtra and Customs, Excise and Service Tax Appellate Tribunal, MumbaiSince 30 Jun 2025Matter is pending before Customs, Excise and Service Tax Appellate Tribunal, Mumbai
At the filing before: However, after the Quarter Ended March 31, 2026 we have received an intimation that the Customs Department has filed an appeal against the aforesaid Order-in-Original before the Hon’ble Customs, Excise and Service Tax Appellate Tribunal, Mumbai and the same was itimated to stock exchanges on April 10, 2026.MoreLess
- Tax disputeGST Department of GujaratSince 2 Jul 2025Matter is pending before the Joint / Additional Commissioner (Appeals) Central Excise & Central Goods and Services Tax, AhmedabadAt the filing before: The Company has filed the appeal against the said order.
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
- No
- 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.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesMay 2025, checked by Acuité Ratings & Research Limited | 168.00 | Funding working capital requirements of our Company | 12.48 | 84.98 | No |
| Public IssuesMay 2025, checked by Acuité Ratings & Research Limited | 168.00 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company | 17.96 | 17.96 | No |
| Public IssuesMay 2025, checked by Acuité Ratings & Research Limited | 168.00 | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives | 12.48 | 0.00 | No |
| Public IssuesMay 2025, checked by Acuité Ratings & Research Limited | 168.00 | General Corporate Purposes | 42.00 | 42.00 | No |