Sambhaav Media logo

Sambhaav Media MD, chairman, board of directors and AGM

NSE: SAMBHAAVBSE: 511630MediaSmall Cap

Formerly Pearl Energy & Infrastructures
Last close ₹5.79down ₹0.09 (1.53%)BSE ₹5.52

Share price at the NSE close on 23 Oct 2026. Previous close ₹5.88.

52-week range of traded prices to 23 Oct 2026
₹4.99Low, 7 Oct 2026₹11.53High, 24 Nov 2025
Market cap
₹111 Cr2,684th largest listed
P/E
Lossover the last 12 months
P/B
1.3
Dividend yield
Nonein the last 12 months
ROE
−1.9%
ROCE
0.1%
Debt to equity
0.01
Volume, NSE
64,66648.7% delivered

Sambhaav Media 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 directorManojbhai Bhupatbhai VadodariaRelated to the promoter
  • Company Secretary and Compliance OfficerManisha Mali

6 directors3 independent2 executive1 non-executive

  • Manojbhai Bhupatbhai Vadodaria · Chairperson and managing directorExecutive · joined Jul 1995 · reappointed Jan 2026 · 2 listed boards · 2 committee seats
  • Gouri Pramod PopatIndependent · joined Feb 2019 · reappointed Feb 2024 · 89 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Jagdishbhai Govindbhai PavraExecutive · joined May 2024 · reappointed May 2024 · 1 listed board
  • Hemantkumar GolaniNon-executive · joined May 2024 · reappointed May 2024 · 1 listed board · 1 committee seat
  • Pareshkumar Amritlal VaghelaIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Balveermal Kewalmal SinghviIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 7 listed boards · 7 as independent · 10 committee seats, 4 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

    • 20 May 20266 of 6 present3 independent · 112 days in between
    • 27 Jan 20266 of 6 present3 independent

  • Audit Committee

    Chair Pareshkumar Amritlal Vaghela

    Hemantkumar Golani, Gouri Pramod Popat

    • 20 May 20263 of 3 present2 independent · 112 days in between
    • 27 Jan 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Pareshkumar Amritlal Vaghela

    Hemantkumar Golani, Gouri Pramod Popat

    • 20 May 20263 of 3 present2 independent · 112 days in between

  • Stakeholders Relationship Committee

    Chair Pareshkumar Amritlal Vaghela

    Manojbhai Bhupatbhai Vadodaria, Gouri Pramod Popat

    • 27 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.

  • Dhirubhai Shah & Co LLPPeer-review certificate valid to Nov 2028
1 earlier auditor
  • DhirubhaiShahandCoLLPNamed in the filing for the quarter to Mar 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.

Sambhaav Media 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.Sambhaav Media share news and announcements

Annual general meeting, 13 Aug 2026

27,016 shareholders on the register on 6 Aug 2026; present: 7 promoters and 30 others; votes counted by UMESH VED / UMESH VED & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Annual Accounts of the Company together with the Directors’ Report and the Auditors’ Report for the financial year ended on March 31, 2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 62.41% · promoters 94.26% · institutions 0.00% · other public 8.39%

  2. Appointment of Mr. Jagdish Pavra (DIN: 02203198) as Director retiring by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 62.41% · promoters 94.26% · institutions 0.00% · other public 8.39%

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, 2 Mar 2026, 2 resolutions

28,325 shareholders on the register on 23 Jan 2026; votes counted by UMESH VED / UMESH VED & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To approve re‐appointment of Mr. Manoj Vadodaria (DIN: 00092053) as Managing Director of the Company
    SpecialPromoters have an interest in it
    99.98% for0.02% against

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

    Turnout: all 4.21% · promoters 0.00% · institutions 0.00% · other public 11.44%

  2. To Approve Material Related Party Transactions for the Financial Year 2026‐27
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 4.21% · promoters 0.00% · institutions 0.00% · other public 11.44%

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, 13 Aug 2025, 3 resolutions

29,904 shareholders on the register on 6 Aug 2025; present: 7 promoters and 32 others; votes counted by UMESH VED / UMESH VED & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements on standalone and consolidated basis for the financial year ended on 31 March 2025 and Reports threon.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 80.72%

    Turnout: all 57.78% · promoters 91.79% · institutions 0.00% · other public 0.04%

  2. Appointment of Mr. Hemant Golani as Director, who Retires by Rotation.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 80.73%

    Turnout: all 57.78% · promoters 91.79% · institutions 0.00% · other public 0.04%

  3. Appointment of M/s Umesh Ved & Associates as Secretarial Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 42.64%

    Turnout: all 57.77% · promoters 91.79% · institutions 0.00% · other public 0.01%

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, 19 Mar 2025, 2 resolutions

31,709 shareholders on the register on 7 Feb 2025; votes counted by Mr. Umesh Ved / M/s. Umesh Ved & Associates.The company's voting result (opens in a new tab)

  1. Approval and Ratification of Material Related Party Transactions for the Financial Year 2025‐26
    OrdinaryPromoters have an interest in it
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 1.84% · promoters 0.00% · institutions 0.00% · other public 5.00%

  2. To approve transaction(s) of personal guarantee, security, collaterals etc. by the promoter and promoter group for the loan and borrowings of the Company
    OrdinaryPromoters have an interest in it
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 1.84% · promoters 0.00% · institutions 0.00% · other public 5.00%

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, 6 Dec 2024, 3 resolutions

The company's voting result (opens in a new tab)

  1. To Approve Appointment of Mr. Paresh Vaghela (DIN: 10757484) as a Non-nExecutive Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 58.97% · promoters 91.55% · institutions 0.00% · other public 3.69%

  2. To Approve Appointment of Mr. Balveermal Kewalmal Singhvi (DIN: 05321014)nas a Non-Executive Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 58.97% · promoters 91.55% · institutions 0.00% · other public 3.69%

  3. To Approve and Ratify Related Party Transaction
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 1.36% · promoters 0.00% · institutions 0.00% · other public 3.69%

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, 1 Aug 2024, 11 resolutions

Present: 7 promoters and 27 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company on standalone and consolidated basis for the financial year ended on March 31, 2024 including the balance sheet as at March 31, 2024, the statement of profit & loss for the financial year ended on that date, cash flow statement of the Company for the financial year ended on that day and the reports of the Auditors and Directors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.99%

  2. To appoint a Director in place of Mr. Manoj B. Vadodaria (DIN: 00092053), who retires by rotation at this Annual General Meeting pursuant to the provisions of Section 152 of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
    OrdinaryPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 1.83% · promoters 0.00% · institutions 0.00% · other public 4.97%

  3. To appoint M/s Dhirubhai Shah & Co LLP, Chartered Accountants as statutory auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.96%

  4. To Appoint Mr. Hemant Golani (DIN: 10605227) as a Non-Executive Non-Independent Director.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.97%

  5. To Appoint Mr. Jagdish Pawra (DIN: 02203198) as Whole Time Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.97%

  6. To Approve Borrowing Powers of the Board of Directors under section 180(1) (c) of the Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.97%

  7. To give Authority under section 180(1)(a) of the Companies Act 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.97%

  8. Loan and Investment by the Company under section 186 of the Companies Act 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.97%

  9. Approval for Loan etc. under section 185 of the Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 49.48% · promoters 75.72% · institutions 0.00% · other public 4.97%

  10. Approval and Ratification of Material Related Party Transactions
    OrdinaryPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 1.83% · promoters 0.00% · institutions 0.00% · other public 4.97%

  11. To approve transaction(s) of personal guarantee, security, collaterals etc. by the promoter and promoter group for the loan and borrowings of the Company
    OrdinaryPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 1.83% · promoters 0.00% · institutions 0.00% · other public 4.97%

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, 17 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Re-appointment of Mrs. Gouri P Popat (DIN: 08356151) as Independent Director of the Company for another Term of 5 (Five) Years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.02%

    Turnout: all 51.18% · promoters 80.87% · institutions 0.00% · other public 0.77%

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, 29 Sep 2023, 4 resolutions

Present: 8 promoters and 23 others.The company's voting result (opens in a new tab)

  1. Adoption of Annual Accounts of the Company together with the Directors’ Report and the Auditors’ Report for the financial year ended on March 31, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.67% · promoters 80.87% · institutions 0.00% · other public 2.11%

  2. Appointment of Mr. Amit Kumar Ray (DIN: 06468634) as Director retiring by rotation
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.67% · promoters 80.87% · institutions 0.00% · other public 2.11%

  3. Approval and Ratification of Material Related Party Transactions
    OrdinaryPromoters have an interest in it
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 0.78% · promoters 0.00% · institutions 0.00% · other public 2.11%

  4. To approve transaction(s) of personal guarantee, security, collaterals etc. by the promoter and promoter group for the loan and borrowings of the Company
    OrdinaryPromoters have an interest in it
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 1.27% · promoters 0.00% · institutions 0.00% · other public 3.46%

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 DepartmentSince 8 Sep 2021
    The addition of Income made by the assessing officer pursuant to search related assessment restricted to INR 3,64,445 for AY 2021-22 and INR 3,50,806 for AY 2022-23. Therefore, the maximum monetary impact due to addition of income shall be restricted to the amount of tax, interest and penalty if any, at applicable tax rate on the amount of above addition by the appellate authority. There is no impact on the operations of the Company due to the order or event. The Company shall take appropriate action in the matter as per the legal consultation from the expert advisors and consultants.MoreLess
    At the filing before: The matter is with the Commissioner of IT for Appeal for two separate orders of INR 31.80 Lac and 17.04 Lac pursuant to the search operations
  • Tax disputeIncome Tax Department Central Circle 2(4) AhmedabadSince 6 Mar 2026
    The demand of INR 43,22,980/- (Forty-Three Lac Twenty-Two Thousand Nine Hundred and Eighty Only) has been deleted and refund of INR 32,59,454/- (Thirty-Two Lac Fifty-Nine Thousand Four Hundred Fifty-Four Only) is paid to the Company by the Income Tax Department. Hence therefore the case is closedMoreLess
    At the filing before: The Notice of Demand is for payment of additional tax of INR 43,22,980/- (Forty-Three Lac Twenty-Two Thousand Nine Hundred and Eighty Only), including interest, and the financial impact is limited maximum to the extent of the liability of tax and interest payment.MoreLess

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.