Rajputana Stainless MD, chairman, board of directors and AGM
NSE: RSLBSE: 544731Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹172.83.
- 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.
- ₹1,395 Cr1,449th 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.
- No full year
- 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 29 Aug 2026
- 3.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.30%
- 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 29 Aug 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,38,32856.1% delivered
Rajputana Stainless 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
- Chairperson and managing directorSHANKARLAL DEEPCHAND MEHTA
- Company Secretary and Compliance OfficerRICHA SANJEEV PRASHAR
6 directors3 independent3 executive
- SHANKARLAL DEEPCHAND MEHTA · Chairperson and managing directorExecutive · joined Nov 2008 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- BABULAL DEEPCHAND MEHTAExecutive · joined Nov 2008 · reappointed Apr 2024 · 1 listed board
- JAYESH NATVARLAL PITHVAExecutive · joined May 2007 · reappointed Apr 2024 · 1 listed board · 2 committee seats
- KUSHAL KAMLESH BRAHMSHATRIAIndependent · joined Jun 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- PRASHANT BHARATKUMAR PATELIndependent · joined Jun 2024 · 24 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
- NIKITA RONAK MEHTAIndependent · joined Jun 2024 · 24 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
- 30 Jun 20266 of 6 present3 independent · 35 days in between
- 25 May 20266 of 6 present3 independent · 12 days in between
- 12 May 20263 of 6 present0 independent · 32 days in between
- 9 Apr 20264 of 6 present2 independent · 16 days in between
11 earlier meetings
- 23 Mar 20264 of 6 present1 independent · 5 days in between
- 17 Mar 20266 of 6 present3 independent · no day in between
- 16 Mar 20266 of 6 present3 independent · 4 days in between
- 11 Mar 20266 of 6 present3 independent · 4 days in between
- 6 Mar 20266 of 6 present3 independent · 5 days in between
- 28 Feb 20266 of 6 present3 independent · no day in between
- 27 Feb 20266 of 6 present3 independent · 8 days in between
- 18 Feb 20266 of 6 present3 independent · 32 days in between
- 16 Jan 20266 of 6 present3 independent · 7 days in between
- 8 Jan 20266 of 6 present3 independent · no day in between
- 7 Jan 20266 of 6 present3 independent
Audit Committee
Chair KUSHAL KAMLESH BRAHMSHATRIA
PRASHANT BHARATKUMAR PATEL, JAYESH NATVARLAL PITHVA
- 30 Jun 20263 of 3 present2 independent · 35 days in between
- 25 May 20263 of 3 present2 independent · 45 days in between
- 9 Apr 20263 of 3 present2 independent · 16 days in between
- 23 Mar 20262 of 3 present1 independent · 5 days in between
8 earlier meetings
- 17 Mar 20263 of 3 present2 independent · no day in between
- 16 Mar 20263 of 3 present2 independent · 4 days in between
- 11 Mar 20263 of 3 present2 independent · 4 days in between
- 6 Mar 20263 of 3 present2 independent · 5 days in between
- 28 Feb 20263 of 3 present2 independent · no day in between
- 27 Feb 20263 of 3 present2 independent · 41 days in between
- 16 Jan 20263 of 3 present2 independent · 8 days in between
- 7 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair PRASHANT BHARATKUMAR PATEL
KUSHAL KAMLESH BRAHMSHATRIA, NIKITA RONAK MEHTA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair NIKITA RONAK MEHTA
JAYESH NATVARLAL PITHVA, SHANKARLAL DEEPCHAND MEHTA
- 10 Jan 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair NIKITA RONAK MEHTA
PRASHANT BHARATKUMAR PATEL, SHANKARLAL DEEPCHAND MEHTA
- 25 May 20263 of 3 present2 independent
- 10 Jan 20263 of 3 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 Mar 2026.
- Ruparel & BavadiyaPeer-review certificate valid to May 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.
Rajputana Stainless 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.Rajputana Stainless dividend history
Annual general meeting, 23 Sep 2026
7,590 shareholders on the register on 16 Sep 2026; present: 12 promoters and 25 others; votes counted by M/s Kavita Khatri & Associates / KAVITA KHATRI.The company's voting result (opens in a new tab)
ORDINARY - To receive, consider and adopt the Audited Financial Statements of the Company for the Financial year ended on March 31, 2026 comprising of the Balance Sheet as at March 31, 2026, Statement of Profit & Loss Account and Cash Flow Statement as on March 31, 2026 and the Explanatory Notes annexed to, and forming part of, any of the above documents together with the Report of the Auditors and Board of Directors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 98.56% · institutions 4.35% · other public 20.27%
- ORDINARY - To declare Dividend on Equity Shares for the Financial Year ended on March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 98.56% · institutions 4.35% · other public 20.27%
ORDINARY - To appoint a Director in place of Mr. Babulal Deepchand Mehta (DIN-02656396), who retires by rotation in terms of Section 152(6) of the Companies Act,2013 and being eligible, offers himself for re-appointmentMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 98.56% · institutions 4.35% · other public 20.27%
ORDINARY - Re-appointment of M/S. Ruparel & Bavadiya, Chartered Accountants, Vadodara (Firm Registration No.- 126260W & Peer Review Certificate No.-015292) as the Statutory Auditors of the Company for a term of five years.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 98.56% · institutions 4.35% · other public 20.27%
ORDINARY - To ratify/approve the remuneration payable to the Cost Auditor of the Company M/S. Y S Thakar & Co., Cost Accountants, Vadodara, (Firm Registration No.-000318), for the Financial Year ending on March 31, 2027.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 98.56% · institutions 4.35% · other public 20.27%
ORDINARY - To appoint, M/s Kavita Khatri & Associates, Company Secretaries (Membership No.: F13898 and Peer Review Certificate No.: 2795/2022), as Secretarial Auditor for a term of 5 (Five) consecutive years, fix their remuneration.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 98.56% · institutions 4.35% · other public 20.27%
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 disputeAssistant Commissioner, Division - 5:GujaratSince 16 Jan 2025Order Passed
- Tax disputeAssistant Commissioner, GujaratSince 12 May 2025Order Passed
- Tax disputeAssistant Commissioner, GujaratSince 19 May 2025Order Passed
- Tax disputeAssistant Commissioner, Division - 5: GujaratSince 20 May 2025Order Passed
- Tax disputeAssistant Commissioner, Division - 5: GujaratSince 10 Jun 2025Order Passed
- Tax disputeDeputy Commissioner, DIVISION-III HALOL: VADODARA II:VADODARA: CBICSince 24 Sep 2025Order Passed
- Tax disputeDeputy Commissioner, DIVISION-III HALOL:VADODARA II:VADODARA:CBICSince 24 Sep 2025Order Passed
- Tax disputeAssistant Commissioner, GujaratSince 31 Dec 2023Order Passed
12 more
- Tax disputeDeputy Commissioner, DIVISION-III HALOL:VADODARA II:VADODARA:CBICSince 10 Dec 2025Order Passed
- Tax disputeSuperintendent RANGE-II, Ghatak 46 (Godhara): Range - 12: Division - 5:GujaratSince 30 Jan 2025Order Passed
- Tax disputeAdditional Commissioner, Ghatak 46 (Godhara): Range - 12: Division - 5:GujaratSince 6 Feb 2026Order Passed
- Tax disputeCommissioner Central GST & Excise, VadodaraSince 2 Jan 2023Pending for hearing
- Tax disputeCommissioner Central GST & Excise, VadodaraSince 8 May 2017Pending for hearing
- Tax disputeFirst Appellate authoritySince 18 Jun 2024Pending for hearing
- Tax disputeDeputy Commissioner of State Tax, Devision-4, BarodaSince 14 May 2011Pending for hearing
- Tax disputeThe Gujarat Value Added Tax TribunalSince 18 Jun 2020Pending for hearing
- Tax disputeThe Gujarat Value Added Tax TribunalSince 27 Jul 2023Pending for hearing
- Tax disputeThe Gujarat Value Added Tax TribunalSince 27 Jul 2023Pending for hearing
- Tax disputeThe Gujarat Value Added Tax TribunalSince 19 Aug 2023Pending for hearing
- Tax disputeThe Gujarat Value Added Tax TribunalSince 19 Aug 2023Pending for hearing
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
- Yes
- 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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesMar 2026, checked by CARE RATING LIMITED | 178.73 | – | – | No |