Rainbow Foundations logo

Rainbow Foundations MD, chairman, board of directors and AGM

BSE: 531694RealtySmall Cap

Last close ₹31.00down ₹0.10 (0.32%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹31.10.

52-week range of traded prices to 23 Oct 2026
₹26.07Low, 5 Oct 2026₹74.48High, 28 Oct 2025
Market cap
₹154 Cr2,316th largest listed
P/E
16.2
P/B
1.8
Dividend yield
Nonein the last 12 months
ROE
11.4%
ROCE
8.6%
Debt to equity
5.50
Volume, BSE
1,622

Rainbow Foundations board of directors

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

  • Managing directorANOP CHAND JAIN
  • Managing directorGAJRAJ JAIN

8 directors4 independent4 executive

  • ANOP CHAND JAIN · Managing directorExecutive · joined Jun 1994 · reappointed Sep 2024 · 1 listed board
  • GAJRAJ JAIN · Managing directorExecutive · joined Jun 1994 · reappointed Sep 2024 · 1 listed board
  • MAITHRI JAYAKKARIndependent · joined Feb 2019 · reappointed Sep 2024 · 89 months as independent · 1 listed board · 1 as independent
  • PUSHPALA MOTIRAM MANJITHIndependent · joined Aug 2019 · reappointed Sep 2024 · 83 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • NAVIN JAINExecutive · joined Jun 2020 · reappointed Dec 2020 · 1 listed board
  • RIKIN DILIP GANDHIIndependent · joined Sep 2024 · 22 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • RAGHUNATHDOGRA SATISHKUMARDOGRAIndependent · joined Sep 2025 · 10 months as independent · 1 listed board · 1 as independent
  • ASHISH JAINExecutive · joined Sep 2025 · 10 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.

Committees and meetings

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

  • Board

    • 30 May 20268 of 8 present4 independent · 104 days in between
    • 14 Feb 20268 of 8 present4 independent · 11 days in between
    • 2 Feb 20268 of 8 present4 independent
  • Audit Committee

    Chair MAITHRI JAYAKKAR

    PUSHPALA MOTIRAM MANJITH, RIKIN DILIP GANDHI

    • 30 May 20263 of 3 present3 independent · 104 days in between
    • 14 Feb 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair MAITHRI JAYAKKAR

    PUSHPALA MOTIRAM MANJITH, RIKIN DILIP GANDHI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair MAITHRI JAYAKKAR

    PUSHPALA MOTIRAM MANJITH, RIKIN DILIP GANDHI

    No meeting listed in the filing.

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.

  • GASM DANSR AND COPeer-review certificate valid to Mar 2026

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.

Rainbow Foundations 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.Rainbow Foundations share news and announcements

Annual general meeting, 30 Sep 2026

4,749 shareholders on the register on 23 Sep 2027; present: 15 promoters and 30 others; votes counted by ABISHEK JAIN / ASJ AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. ADOPTION OF FINANCIAL STATEMENTS INCLUDING CONSOLIDATED AUDITED FINANCIAL STATEMENTS.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  2. TO APPOINT A DIRECTOR IN PLACE OF MR. ANOP CHAND JAIN (DIN: 02215110), WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  3. APPOINTMENT OF MR. NITESH JAIN (DIN: 06681386) AS EXECUTIVE DIRECTOR & CHIEF FINANCIAL OFFICER ("ED & CFO") AND APPROVAL OF TERMS AND CONDITIONS INCLUDING REMUNERATION PAYABLE TO MR. NITESH JAIN AS ED & CFO.MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  4. APPOINTMENT OF MRS. VARSHA NAMRA PAUN
    Special
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  5. TO APPROVE THE RECLASSIFICATION OF AUTHORISED SHARE CAPITAL PREFERENCE SHARES INTO EQUITY SHARES AND CONSEQUENT ALTERATION OF THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  6. TO APPROVE REMUNERATION OF MR. GAJRAJ JAIN (DIN: 01182117 ) JOINT MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  7. TO APPROVE REMUNERATION OF MR. ANOP CHAND JAIN (DIN: 02215110) MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  8. TO APPROVE REMUNERATION OF MR. NAVIN JAIN (DIN: 02213825) DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

  9. TO APPROVE INCREASE IN REMUNERATION OF MR. ASHISH JAIN ( DIN: 06681377 ) DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.47% · promoters 71.38% · institutions 0.00% · other public 1.47%

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.

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
No
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.