RACL Geartech logo

RACL Geartech MD, chairman, board of directors and AGM

NSE: RACLGEARBSE: 520073Auto ComponentsSmall Cap

Last close ₹1,321.60down ₹37.20 (2.74%)BSE ₹1,323.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,358.80.

52-week range of traded prices to 23 Oct 2026
₹921.80Low, 27 Jan 2026₹1,927.70High, 17 Sep 2026
Market cap
₹1,558 Cr1,289th largest listed
P/E
31.4
P/B
4.4
Dividend yield
0.11%
ROE
17.1%
ROCE
14.3%
Debt to equity
0.64
Volume, NSE
43,82250.4% delivered

RACL Geartech board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorGURSHARAN SINGH
  • Company Secretary and Compliance OfficerNeha Bahal

8 directors4 independent1 executive3 non-executive

  • GURSHARAN SINGH · Chairperson and managing directorExecutive · joined Aug 2002 · 1 listed board · 1 committee seat
  • ANIL SHARMANon-executive · joined May 2006 · 1 listed board
  • NARINDER PAUL KAURNon-executive · joined Jan 2015 · 1 listed board
  • JAGDISH KESWANIIndependent · joined Nov 2019 · reappointed Aug 2023 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • HARINDERPAL SINGH BEDIIndependent · joined Jun 2020 · reappointed Aug 2023 · 75 months as independent · 1 listed board · 1 as independent
  • MALINI BANSALIndependent · joined Aug 2021 · reappointed Aug 2024 · 61 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • RAKESH KAPOORNon-executive · joined Aug 2025 · 1 listed board · 1 committee seat
  • PRAVIR KUMARIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 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.

1 director who left
  • Shashank Ramesh Anikhindi, left 28 Sep 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 7 Aug 20268 of 8 present4 independent · 72 days in between
    • 26 May 20268 of 8 present4 independent
  • Audit Committee

    Chair PRAVIR KUMAR

    RAKESH KAPOOR, MALINI BANSAL, JAGDISH KESWANI

    • 7 Aug 20264 of 4 present3 independent · 72 days in between
    • 26 May 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair JAGDISH KESWANI

    ANIL SHARMA, MALINI BANSAL

    • 7 Aug 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair MALINI BANSAL

    GURSHARAN SINGH, JAGDISH KESWANI

    No meeting listed in the filing.

  • Risk Management Committee

    Chair PRAVIR KUMAR

    JAGDISH KESWANI, GURSHARAN SINGH, Prabh Mehar Singh, Jitender Jain

    • 7 Aug 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair HARINDERPAL SINGH BEDI

    PRAVIR KUMAR, NARINDER PAUL KAUR, ANIL SHARMA

    • 26 May 20264 of 4 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.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Gupta Nayar & Co.Peer-review certificate valid to Apr 2027
1 earlier auditor
  • Gianender & AssociatesNamed in filings from Mar 2025 to Jun 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.

RACL Geartech 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.RACL Geartech dividend history

Annual general meeting, 14 Sep 2026

18,185 shareholders on the register on 7 Sep 2026; present: 4 promoters and 91 others; votes counted by Ms. Rosy Jaiswal / Rosy Jaiswal & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and aopt the audited standalone and consolidated financial statements of the company along with the reports of the board of directors and auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 54.37% · promoters 80.07% · institutions 48.18% · other public 31.63%

  2. Re-appointment of Mrs. Narinder Paul Kaur (DIN: 02435942) as a Director liable to retire by rotation
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 20.18% · promoters 0.00% · institutions 48.18% · other public 31.63%

  3. Re-appointment of Mr. Gursharan Singh (DIN:00057602) as the Managing Director of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 20.18% · promoters 0.00% · institutions 48.18% · other public 31.63%

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, 10 resolutions

16,363 shareholders on the register on 19 Sep 2025; present: 2 promoters and 56 others; votes counted by Rosy Jaiswal / Rosy Jaiswal & Associates.The company's voting result (opens in a new tab)

  1. Audited Standalone and Consolidated Financial Statements
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 37.65% · promoters 80.06% · institutions 4.43% · other public 6.50%

  2. Appointment of Director in place of Mr. Anil Sharma (DIN: 00157911), who retires by rotation and being eligible, offers himself fo re-appointment
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.64%

    Turnout: all 37.47% · promoters 80.06% · institutions 4.43% · other public 6.11%

  3. Appointment of Statutory Auditors and fix their remuneration
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 37.65% · promoters 80.06% · institutions 4.43% · other public 6.50%

  4. Appointment of Secretarial Auditors of the Company
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 37.65% · promoters 80.06% · institutions 4.43% · other public 6.50%

  5. Appointment of Mr. Pravir Kumar (DIN:00671671) as a Non- Executive Independent Director of the Company
    Special
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 37.65% · promoters 80.06% · institutions 4.43% · other public 6.50%

  6. Appointment of Mr. Rakesh Kapoor (DIN: 00015358) as Non Executive Non- Independent Director of the Company
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 37.65% · promoters 80.06% · institutions 4.43% · other public 6.50%

  7. Approval for increase in remuneration of Mr. Prabh Mehar Singh, Chief Operating Officer holding office or place of profit in the Company.
    OrdinaryPromoters have an interest in it
    96.99% for3.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.52%

    Turnout: all 3.49% · promoters 0.00% · institutions 4.43% · other public 6.50%

  8. Approval for the reappointment of Mr. Anil Sharma (DIN: 00157911) as the Non- Executive Non- Independent Director of the Company and revision in remuneration
    Special
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.64%

    Turnout: all 37.47% · promoters 80.06% · institutions 4.43% · other public 6.11%

  9. Approval for remuneration of Ms. Narinder Paul Kaur (DIN: 02435942) as the Non- Executive Non- Independent Director of the Company.
    SpecialPromoters have an interest in it
    97.38% for2.62% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 3.89% · promoters 0.94% · institutions 4.43% · other public 6.50%

  10. Approval for the increase in remuneration of Mr. Gursharan Singh, Chairman & Managing Director (DIN: 00057602) of the Company.
    SpecialPromoters have an interest in it
    97.38% for2.62% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 3.89% · promoters 0.94% · institutions 4.43% · other public 6.50%

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.

Extraordinary general meeting, 7 May 2025, 2 resolutions

15,362 shareholders on the register on 30 Apr 2025; present: 7 promoters and 15,397 others; votes counted by Rosy Jaiswal / Rosy Jaiswal & Associates.The company's voting result (opens in a new tab)

  1. Issue of 830711 Equity shares on Preferential Basis to certain qualified institutional buyers under ‘NonPromoter Category’
    Special
    100.00% for0.00% against

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

    Turnout: all 47.15% · promoters 72.82% · institutions 0.00% · other public 20.14%

  2. Issue of 175769 Equity shares on Preferential Basis to the certain non-qualified institutional buyers under ‘Non-Promoter Category'
    Special
    93.17% for6.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 32.86%

    Turnout: all 47.15% · promoters 72.82% · institutions 0.00% · other public 20.14%

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 26 Sep 2025, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Audited Standalone and Consolidated Financial Statements
    1 for0 against
  • Appointment of Director in place of Mr. Anil Sharma (DIN: 00157911), who retires by rotation and being eligible, offers himself fo re-appointment
    1 for0 against
  • Appointment of Secretarial Auditors of the Company
    1 for0 against
  • Appointment of Mr. Pravir Kumar (DIN:00671671) as a Non- Executive Independent Director of the Company
    1 for0 against
  • Appointment of Mr. Rakesh Kapoor (DIN: 00015358) as Non Executive Non- Independent Director of the Company
    1 for0 against
  • Approval for the reappointment of Mr. Anil Sharma (DIN: 00157911) as the Non- Executive Non- Independent Director of the Company and revision in remuneration
    1 for0 against
  • Approval for remuneration of Ms. Narinder Paul Kaur (DIN: 02435942) as the Non- Executive Non- Independent Director of the Company.
    1 for0 against
  • Approval for the increase in remuneration of Mr. Gursharan Singh, Chairman & Managing Director (DIN: 00057602) of the Company.
    1 for0 against
2 proposals not matched to one resolution
  • Appointment of Mr. Prabh Mehar Singh as Chief Operating Officer with effect from August 1, 2025 and increase in the remuneration of Mr. Prabh Mehar Singh, holding office or place of profit w.e.f April 1, 2025, on a maximum remuneration upto Rs. 52,00,000 per annum (including allowances and reimbursement of expenses in line with the Company’s Policy) for two years.MoreLess
    1 for0 against
  • To appoint M/s. Gupta Nayar and Co, Chartered Accountants (Firm Registration No.: 008376N), as Statutory Auditors of the Company, to hold office for a term of 3 consecutive years, that is, from the conclusion of the 42nd Annual General Meeting of the Company till conclusion of the 45th Annual General Meeting, to conduct audit of accounts of the Company, subject to their continuity of fulfilment of the applicable eligibility norms, at such remuneration as may be approved by the Audit Committee and/or Board of Directors of the Company from time-to-time in consultation with the Statutory Auditors, in addition to applicable taxes and reimbursement of out of pocket and travelling expenses, at actuals, incurred by them in connection with the audit.MoreLess
    1 for0 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

None open at any 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
Yes
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

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.