Quadrant Future Tek MD, chairman, board of directors and AGM
NSE: QUADFUTUREBSE: 544336Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹430.15.
- 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.
- ₹1,615 Cr1,368th 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
- 6.3
- 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 13 Aug 2026
- −13.9%
- 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 13 Aug 2026
- −17.9%
- 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
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,50,19640.0% delivered
Quadrant Future Tek board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonSatish Kumar Gupta
- Managing directorMohit Vohra
- Company Secretary and Compliance OfficerPuneet Khurana
12 directors4 independent6 executive2 non-executive
- Satish Kumar Gupta · ChairpersonIndependent · joined Mar 2024 · reappointed Sep 2024 · 28 months as independent · 1 listed board · 1 as independent
- Mohit Vohra · Managing directorExecutive · joined Aug 2017 · 1 listed board
- Pramod JainIndependent · joined Mar 2024 · reappointed Sep 2024 · 28 months as independent · 1 listed board · 1 as independent
- Girish ButtanIndependent · joined Mar 2024 · reappointed Sep 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Kanika BhutaniIndependent · joined Mar 2024 · reappointed Sep 2024 · 28 months as independent · 1 listed board · 1 as independent
- Amit DhawanExecutive · joined Aug 2017 · 1 listed board · 1 committee seat
- Amrit Singh RandhawaExecutive · joined Sep 2015 · 1 listed board
- Rupinder SinghExecutive · joined Sep 2015 · 1 listed board · 1 committee seat
- Vishesh AbrolExecutive · joined Sep 2015 · 1 listed board
- Vivek AbrolExecutive · joined Sep 2015 · 1 listed board · 1 committee seat
- Aikjot Singh SandhuNon-executive · joined Sep 2015 · 1 listed board
- Rajbir Singh RandhawaNon-executive · joined Sep 2015 · 1 listed board
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
- 27 May 202611 of 12 present4 independent · 48 days in between
- 8 Apr 202612 of 12 present4 independent · 53 days in between
- 13 Feb 202612 of 12 present4 independent
- 10 Jan 202612 of 12 present4 independent
Audit Committee
Chair Satish Kumar Gupta
Girish Buttan, Rupinder Singh
- 27 May 20263 of 3 present2 independent · 17 days in between
- 9 May 20263 of 3 present2 independent · 84 days in between
- 13 Feb 20263 of 3 present2 independent · 33 days in between
- 10 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Girish Buttan
Pramod Jain, Satish Kumar Gupta
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Pramod Jain
Vivek Abrol, Amit Dhawan
- 13 Feb 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Kanika Bhutani
Vivek Abrol, Rupinder Singh
- 27 May 20263 of 3 present1 independent · 102 days in between
- 13 Feb 20263 of 3 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.
- M/s. Sanmarks & Associates, Chartered AccountantsPeer-review certificate valid to Jul 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.
Quadrant Future Tek 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.Quadrant Future Tek share news and announcements
Annual general meeting, 25 Sep 2026
32,585 shareholders on the register on 18 Sep 2026; present: 11 promoters and 26 others; votes counted by Girish Madan / Girish Madan & Associates.The company's voting result (opens in a new tab)
- To Receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 73.28% · promoters 100.00% · institutions 84.28% · other public 0.33%
- To appoint a director in place of Mr. Amit Dhawan (DIN: 03031778), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it95.06% for4.94% against
Against: promoters 0.00% · institutions 100.00% · other public 0.24%
Turnout: all 64.53% · promoters 87.50% · institutions 84.28% · other public 0.33%
- To appoint a director in place of Mr. Aikjot Singh Sandhu (DIN: 06579087), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it95.41% for4.59% against
Against: promoters 0.00% · institutions 100.00% · other public 0.12%
Turnout: all 69.53% · promoters 94.64% · institutions 84.28% · other public 0.33%
- To ratify the Remuneration of the Cost Auditor for the Financial Year 2026-27Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.19%
Turnout: all 73.28% · promoters 100.00% · institutions 84.28% · other public 0.33%
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, 13 Feb 2026, 1 resolution
44,280 shareholders on the register on 9 Jan 2026; votes counted by Girish Madan / Girish Madan & Associates.The company's voting result (opens in a new tab)
- TO CONSIDER AND APPROVE THE PROPOSAL OF WITHDRAWAL OF INR 8.57 CRORE FROM IPO MONITORING ACCOUNT TOWARDS REIMBURSEMENT OF ISSUE EXPENSES.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 53.01%
Turnout: all 72.41% · promoters 100.00% · institutions 29.09% · other public 0.17%
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, 25 Sep 2025, 6 resolutions
41,656 shareholders on the register on 18 Sep 2025; present: 12 promoters and 42 others; votes counted by Girish Madan / Girish Madan & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.06% · promoters 100.00% · institutions 59.01% · other public 1.02%
- To appoint a director in place of Mr. Rajbir Singh Randhawa (DIN: 01201025), 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 0.01%
Turnout: all 74.06% · promoters 100.00% · institutions 59.01% · other public 1.02%
- To appoint a director in place of Mr. Vivek Abrol (Din: 01381395), 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 0.01%
Turnout: all 74.06% · promoters 100.00% · institutions 59.01% · other public 1.02%
- To ratify the remuneration of the Cost Auditor for the Financial Year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.06% · promoters 100.00% · institutions 59.01% · other public 1.02%
- Appointment of M/s Girish Madan & Associates, Practising Company Secretary as Secretarial Auditor and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.06% · promoters 100.00% · institutions 59.01% · other public 1.02%
- Ratification and Amendment of “Quadrant Future Tek Limited Stock Incentive Plan, 2024”Special97.81% for2.19% against
Against: promoters 0.00% · institutions 42.54% · other public 0.01%
Turnout: all 74.06% · promoters 100.00% · institutions 59.01% · other public 1.02%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 13 Feb 2026, 2 fund houses
- TO CONSIDER AND APPROVE THE PROPOSAL OF WITHDRAWAL OF INR 8.57 CRORE FROM IPO MONITORING ACCOUNT TOWARDS REIMBURSEMENT OF ISSUE EXPENSES.2 for0 against
Mutual fund votes, meeting of 25 Sep 2025, 3 fund houses
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.3 for0 against
- To appoint a director in place of Mr. Rajbir Singh Randhawa (DIN: 01201025), who retires by rotation and being eligible, offers himself for re-appointment.
Against LIC Mutual Fund
- LIC Mutual FundGovernance Concern: Excessive Board Size & Excessive promoter members on the board of the Company.
2 for1 against - To appoint a director in place of Mr. Vivek Abrol (Din: 01381395), who retires by rotation and being eligible, offers himself for re-appointment.
Against LIC Mutual Fund
- LIC Mutual FundGovernance concern: Director holds 2 Full-Time positions, Excessive promoter members on the board of the Company.
2 for1 against - To ratify the remuneration of the Cost Auditor for the Financial Year 2025-26.3 for0 against
- Appointment of M/s Girish Madan & Associates, Practising Company Secretary as Secretarial Auditor and fix their remuneration
Against LIC Mutual Fund
- LIC Mutual FundConcerns over Proposed fee payable to Secretarial Auditors not disclosed.
2 for1 against - Ratification and Amendment of “Quadrant Future Tek Limited Stock Incentive Plan, 2024”
Against Bank of India Mutual Fund, LIC Mutual Fund
- Bank of India Mutual FundThe vesting of options is either time based, or performance based (performance metrics have not been disclosed). Based on disclosures, it is unclear if the stock options will be granted at market price or at a discount to market price. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies should grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics. In the absence of clarity on the exercise price, we are unable to support the resolution.
- LIC Mutual FundConcern over Exercise Price / Pricing Formula; Absolute Discretion to NRC to determine Exercise Price.
1 for2 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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 Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesJan 2025, checked by CARE | 290.00 | Issue Related Expenses | 27.23 | 27.23 | No |
| Public IssuesJan 2025, checked by CARE | 290.00 | Funding long- term working capital requirements of our company (Speciality cable devision) | 149.72 | 149.72 | No |
| Public IssuesJan 2025, checked by CARE | 290.00 | Capital expenditure requirements for development of Electronic interlocking system | 24.38 | 1.65 | No |
| Public IssuesJan 2025, checked by CARE | 290.00 | Full or part repayment and/or prepayment of certain outstading working capital term loan availed by our company | 23.61 | 23.61 | No |
| Public IssuesJan 2025, checked by CARE | 290.00 | General Corporate Purpose | 65.06 | 65.06 | No |