Salora International logo

Salora International MD, chairman, board of directors and AGM

BSE: 500370Commercial Services & SuppliesSmall Cap

Last close ₹23.00up ₹0.03 (0.13%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹22.97.

52-week range of traded prices to 23 Oct 2026
₹21.00Low, 19 Oct 2026₹46.32High, 23 Oct 2025
Market cap
₹20 Cr3,905th largest listed
P/E
Lossover the last 12 months
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
−9.6%
ROE without one-offs
−5.2%
ROCE
−3.7%
Debt to equity
0.37
Volume, BSE
2

Salora International 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 directorGOPAL SITARAM JIWARAJKA

6 directors3 independent2 executive1 non-executive

  • GOPAL SITARAM JIWARAJKA · Chairperson and managing directorExecutive · joined Aug 1987 · 1 listed board
  • PARAMARTHA SAIKIAIndependent · joined Oct 2019 · reappointed Sep 2024 · 60 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • AYUSH JIWARAJKAExecutive · joined Nov 2024 · 1 listed board
  • RAJIV BAJAJIndependent · joined Nov 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • RACHNA LODHAIndependent · joined Aug 2024 · 60 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • TARUN JIWARAJKANon-executive · joined Nov 2024 · 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.

1 director who left
  • KARNA SINGH MEHTA, left 28 Oct 2024: Others

Committees and meetings

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

  • Board

    • 28 May 20265 of 6 present2 independent · 109 days in between
    • 7 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair PARAMARTHA SAIKIA

    RAJIV BAJAJ, RACHNA LODHA

    • 28 May 20262 of 3 present2 independent · 109 days in between
    • 7 Feb 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair RACHNA LODHA

    RAJIV BAJAJ, PARAMARTHA SAIKIA

    • 28 May 20262 of 3 present2 independent · 109 days in between
    • 7 Feb 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair TARUN JIWARAJKA

    PARAMARTHA SAIKIA, RACHNA LODHA

    • 28 May 20262 of 3 present2 independent · 109 days in between
    • 7 Feb 20263 of 3 present3 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.

  • O P BAGLA & COPeer-review certificate valid to Mar 2028

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.

Salora International 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.Salora International dividend history

Annual general meeting, 25 Sep 2026

3,965 shareholders on the register on 18 Sep 2026; present: 13 promoters and 4,010 others; votes counted by SHIVAM RASTOGI / SVR & CO..The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE FINANCIAL STATEMENT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026 INCLUDING AUDITED BALANCE SHEET AS AT 31 MARCH 2026 AND STATEMENT OF PROFIT AND LOSS ACCOUNT OF THE COMPANY FOR THE YEAR ENDED 31 MARCH 2026 ALONG WITH DIRECTORS REPORT AND AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 74.05% · promoters 100.00% · institutions 0.00% · other public 1.12%

  2. TO APPOINT A DIRECTOR IN PLACE OF SHRI TARUN JIWARAJKA (DIN 00386240) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFER HIMSELF FOR RE-APPOINTMENT
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.25%

    Turnout: all 74.05% · promoters 100.00% · institutions 0.00% · other public 1.12%

  3. TO RATIFY REMUNERATION PAYABLE TO COST AUDITOR FOR THE FINANCIAL YEAR ENDING 31 MARCH 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 74.05% · promoters 100.00% · institutions 0.00% · other public 1.12%

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, 27 Sep 2018, 5 resolutions

Present: 7 promoters and 44 others.The company's voting result (opens in a new tab)

  1. To Consider and adopt:-na) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2018 together with the Reports of the Board of Directors and the Auditors thereon; andnb)The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2018 together with the Report of Auditors thereon.nMoreLess
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.86%

    Turnout: all 74.33% · promoters 90.49% · institutions 0.00% · other public 41.94%

  2. To appoint a director in place of Shri Tarun Jiwarajka (DIN 00386240), who retires by rotation and being eligible offers himself for reappointment.n
    Ordinary
    99.09% for0.91% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.83%

    Turnout: all 74.33% · promoters 90.49% · institutions 0.00% · other public 41.94%

  3. Ratification of Cost Auditors’ remuneration
    Ordinary
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.08%

    Turnout: all 74.33% · promoters 90.49% · institutions 0.00% · other public 41.94%

  4. Revision of remuneration of Shri Gopal Sitaram Jiwarajka, Chairman and Managing Director (DIN: 00024325).
    SpecialPromoters have an interest in it
    95.17% for4.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.83%

    Turnout: all 13.96% · promoters 0.00% · institutions 0.00% · other public 41.94%

  5. Sale of undertaking under Section 180 (1) (a) of the Companies Act, 2013
    Special
    81.23% for18.77% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.96%

    Turnout: all 74.33% · promoters 90.49% · institutions 0.00% · other public 41.94%

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 disputeINCOME TAX DEPARTMENT (DELHI)Since 1 Apr 2003
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (KASHIPUR)Since 28 Feb 2004
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (CHENNAI)Since 15 Apr 2009
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (AHMEDABAD)Since 16 Feb 2017
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (HYDRABAD)Since 25 Mar 2021
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (HYDRABAD)Since 10 Dec 2021
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (HYDRABAD)Since 10 Dec 2021
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENTSince 26 Nov 2015
    UNDER PROCESS
13 more
  • Tax disputeSALES TAX DEPARTMENT (NOIDA)Since 27 Sep 2002
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (NOIDA)Since 28 Mar 2003
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENTSince 1 Apr 2003
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (NOIDA)Since 20 Feb 2003
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (NOIDA)Since 20 Feb 2003
    UNDER PROCESS
  • Tax disputeSALES TAX DEPARTMENT (NOIDA)Since 24 Sep 2011
    UNDER PROCESS
  • Tax disputeGST DEPARTMENT (NOIDA)Since 8 Feb 2023
    UNDER PROCESS
  • Tax disputeSERVICE TAX DEPARTMENTSince 1 Apr 2003
    UNDER PROCESS
  • Tax disputeCUSTUM DEPARTMENTSince 1 Apr 1995
    UNDER PROCESS
  • Tax disputeEXCISE DEPARTMENT (NOIDA)Since 1 Apr 2004
    UNDER PROCESS
  • Tax disputeEXCISE DEPARTMENTSince 1 Apr 2003
    UNDER PROCESS
  • Tax disputeEXCISE DEPARTMENTSince 1 Apr 2023
    UNDER PROCESS
  • Tax disputeEXCISE DEPARTMENT (NOIDA)Since 1 Apr 1996
    UNDER PROCESS

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

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
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.