Raama Finance logo

Raama Finance MD, chairman, board of directors and AGM

BSE: 538540FinanceSmall Cap

Last close ₹11.99down ₹0.18 (1.48%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹12.17.

52-week range of traded prices to 23 Oct 2026
₹5.14Low, 27 Oct 2025₹20.86High, 6 Aug 2026
Market cap
₹109 Cr2,960th largest listed
P/E
Earlier quarters restated in the year
P/B
Shares changed
Dividend yield
Nonein the last 12 months
NIM
42.22%
Cost of funds
6.38%
Credit cost
0.00%
ROA
12.87%
Leverage
1.44times net worth
Volume, BSE
2,65,170

Raama Finance board of directors

At the end of the quarter to Mar 2021, as the company filed it; changes since are in its announcements.

  • ChairpersonHarsha Bhanshali

4 directors2 independent1 executive1 non-executive

  • Pradeep JainExecutive · joined Sep 2013 · reappointed Aug 2019 · 1 listed board · 1 committee seat
  • Pramod GadiyaNon-executive · joined Aug 2020 · 2 listed boards · 1 committee seat, 1 as chair
  • Aniket SanghviIndependent · joined Nov 2020 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Harsha Bhanshali · ChairpersonIndependent · joined Nov 2020 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

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

    • 12 Feb 20214 present2 independent · 79 days in between
    • 24 Nov 20204 present2 independent · 13 days in between
    • 10 Nov 20204 present2 independent
  • Audit Committee

    Chair Harsha Bhanshali

    Aniket Sanghvi, Pramod Gadiya

    • 12 Feb 20213 present2 independent · 93 days in between
    • 10 Nov 20203 present2 independent
  • Nomination and remuneration committee

    Chair Aniket Sanghvi

    Harsha Bhanshali, Pramod Gadiya

    • 12 Feb 20213 present2 independent · 93 days in between
    • 10 Nov 20203 present2 independent
  • Stakeholders Relationship Committee

    Chair Pramod Gadiya

    Pradeep Jain, Aniket Sanghvi, Harsha Bhanshali

    • 12 Feb 20214 present2 independent · 93 days in between
    • 10 Nov 20204 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.

Raama Finance 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.Raama Finance share news and announcements

Annual general meeting, 30 Sep 2026

14,612 shareholders on the register on 24 Sep 2026; present: 4 promoters and 114 others; votes counted by CHANDAN JHA / CHANDAN J & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 including the Audited Standalone Balance Sheet as at March 31, 2026 and the Standalone Statement of Profit and Loss account for the year ended on that date together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.06%

    Turnout: all 23.91% · promoters 43.40% · institutions 0.00% · other public 0.17%

  2. To re-appoint Mr. Akhil Mittal (DIN: 09675098), who retire by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for reappointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.04%

    Turnout: all 23.91% · promoters 43.40% · institutions 0.00% · 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.

Postal ballot, 9 Aug 2026, 7 resolutions

14,725 shareholders on the register on 3 Jul 2026; votes counted by Chandan Jha / Chandan J & Associates.The company's voting result (opens in a new tab)

  1. Approval for Enhancement of Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 25.76% · promoters 43.40% · institutions 0.00% · other public 4.25%

  2. Approval of the Creation of Charges on the Movable and Immovable Properties of the Company, Both Present and Future under Section 180(1)(A) of The Companies Act, 2013.
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 25.76% · promoters 43.40% · institutions 0.00% · other public 4.25%

  3. Approval for Issuance of Secured, Redeemable, Non-Convertible Debentures on Private Placement Basis.
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 25.76% · promoters 43.40% · institutions 0.00% · other public 4.25%

  4. Adoption of New Set of Memorandum of Association and Articles of Association of the Company as per Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 25.76% · promoters 43.40% · institutions 0.00% · other public 4.25%

  5. Regularization of appointment of Mr. Akhil Mittal (DIN: 09675098) as Non — Executive Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 25.74% · promoters 43.40% · institutions 0.00% · other public 4.22%

  6. Regularization of appointment of Mrs. Pratika Sharma (DIN: 10194439) as Non — Executive Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 25.74% · promoters 43.40% · institutions 0.00% · other public 4.22%

  7. Confirmation of appointment of Mr. Rohan Mehrotra (DIN: 09073372) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 25.74% · promoters 43.40% · institutions 0.00% · other public 4.22%

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.

Compliance

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 company's own answers in its filing.