Satani Bearings MD, chairman, board of directors and AGM
BSE: 505703Industrial ManufacturingSmall Cap
Share price at the BSE close on 19 Oct 2026. Previous close ₹290.00.
- 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.
- ₹586 Cr1,772nd 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. The filing of 13 Aug 2026
- 5,737.5
- 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 30 May 2026
- 32.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 1.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 0.4%
- 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 30 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 636
Satani Bearings 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 directorPARESH GUSHABHAI SATANI
- ChairpersonTANUJ PARESHKUMAR SATANI
6 directors3 independent3 executive
- SHILPA SAGAR PARABIndependent · joined Jan 2019 · reappointed Sep 2025 · 89 months as independent · 1 listed board · 1 as independent
- PARESH GUSHABHAI SATANI · Managing directorExecutive · joined Nov 2025 · reappointed Nov 2025 · 6 months as independent · 1 listed board · 1 committee seat
- CHIRAG RAMJIBHAI SATANIExecutive · joined Nov 2025 · reappointed Nov 2025 · 6 months as independent · 1 listed board · 1 committee seat
- TANUJ PARESHKUMAR SATANI · ChairpersonExecutive · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 1 listed board · 1 committee seat
- AJAY JAGDISHBHAI GOHELIndependent · joined Mar 2025 · reappointed Mar 2025 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- NITIN ARVIND OZAIndependent · joined Oct 2024 · reappointed Oct 2024 · 20 months as independent · 6 listed boards · 6 as independent · 2 committee seats, 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.
3 directors who left
- PRIYANKBHAI VASANTBHAI GHELANI, left 8 Nov 2025: Others
- NISHITH TRIVEDI, left 8 Nov 2025: Others
- SANDIP KESHAV PAWAR, left 8 Nov 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 Jun 20263 of 6 present3 independent · 19 days in between
- 30 May 20267 of 7 present4 independent · 57 days in between
- 2 Apr 20267 of 7 present4 independent · 50 days in between
- 10 Feb 20267 of 7 present4 independent
Audit Committee
Chair AJAY JAGDISHBHAI GOHEL
NITIN ARVIND OZA, TANUJ PARESHKUMAR SATANI
- 30 May 20264 of 4 present3 independent · 108 days in between
- 10 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair AJAY JAGDISHBHAI GOHEL
NITIN ARVIND OZA, SHILPA SAGAR PARAB
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair AJAY JAGDISHBHAI GOHEL
PARESH GUSHABHAI SATANI, TANUJ PARESHKUMAR SATANI, CHIRAG RAMJIBHAI SATANI
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair PARESH GUSHABHAI SATANI
AJAY JAGDISHBHAI GOHEL, TANUJ PARESHKUMAR SATANI, CHIRAG RAMJIBHAI SATANI
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 Jun 2026.
- Bhatt Shah Mekhia & CoPeer-review certificate valid to Jan 2028
1 earlier auditor
- PAMS & AssociatesNamed in filings from Mar 2025 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.
Satani Bearings 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.Satani Bearings share news and announcements
Annual general meeting, 29 Sep 2026
814 shareholders on the register on 22 Sep 2026; present: 4 promoters and 24 others; votes counted by ABHISHEK CHHAJED / SCS AND CO. LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026, including the Audited Balance Sheet as at March 31, 2026 and the Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date together with the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.96% · promoters 99.49% · institutions 0.00% · other public 12.76%
- To appoint Mr. Chirag Ramjibhai Satani (DIN: 11387710), who retires by rotation as a directorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.96% · promoters 99.49% · institutions 0.00% · other public 12.76%
- To approve the appointment of M/s Bhatt Shah Mekhia & Co., Chartered Accountants as the Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.96% · promoters 99.49% · institutions 0.00% · other public 12.76%
To Consider and approve the shifting of registered office from Mumbai in the "State of Maharashtra" to Rajkot in the "State of Gujarat" and consequent alteration in Memorandum of Association of the CompanyMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.96% · promoters 99.49% · institutions 0.00% · other public 12.76%
- Acquisition of Business of Satani Industries on A Slump Sale basis.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.96% · promoters 99.49% · institutions 0.00% · other public 12.76%
- Approval for acquisition of business of Satani forge & turn on slump sale basis.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.96% · promoters 99.49% · institutions 0.00% · other public 12.76%
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
- 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
- No
- 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 Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesJul 2025 | – | 1. To enlarge its core businesses and to meet with that requirement mainly needs short term requirements, working capital, BG, repay of any kind of Loans, tax obligations and/or general corporate purposes; 2. Invest in technology, human resources and other infrastructure to support the Businesses of the Company; 3. Purchase of machineries, raw materials, computers and for customized software developments including Air conditioners, safety equipment's & other machineries; 4. To pay off the outstanding dues including Loan and Advances of Directors, NBFC and other Loans. 5. To Invest in the securities market and give Loans, ICDs and advances of all description; 6. For settlement of any demand/dues, working capital, Bank Guarantee, performance guarantee; 7. To return of Loan and advances to the lenders; 9. Acquisition of Companies to enlarge the Businesses of the Company; and 10. Diversification of business directly or indirectly, in future | – | – | No | No Deviation and Variation |