Shanti Educational Initiatives logo

Shanti Educational Initiatives MD, chairman, board of directors and AGM

NSE: SEILBSE: 539921Other Consumer ServicesSmall Cap

Last close ₹160.09down ₹7.54 (4.50%)BSE ₹160.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹167.63.

52-week range of BSE trades to 23 Oct 2026
₹109.00Low, 28 Oct 2025₹240.40High, 6 Jul 2026
Market cap
₹2,577 Cr989th largest listed
P/E
443.4
P/B
33.6
Dividend yield
Nonein the last 12 months
ROE
7.9%
ROCE
5.7%
Debt to equity
0.08
Volume, NSE
4,92,39271.7% delivered

Shanti Educational Initiatives 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

  • ChairpersonDARSHAN VAYEDA
  • Managing directorVISHAL CHIRIPAL

6 directors3 independent2 executive1 non-executive

  • DARSHAN VAYEDA · ChairpersonExecutive · joined Apr 2017 · 1 listed board · 1 committee seat
  • VISHAL CHIRIPAL · Managing directorExecutive · joined Nov 2022 · 1 listed board
  • KOMAL BAJAJNon-executive · joined Apr 2021 · 1 listed board
  • SUSANTA KUMAR PANDAIndependent · joined May 2021 · 61 months as independent · 5 listed boards · 5 as independent · 6 committee seats, 1 as chair
  • MOHIT GULATIIndependent · joined Sep 2022 · 45 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • DIXIT YASHREE KAUSHALBHAIIndependent · joined May 2024 · 25 months as independent · 3 listed boards · 3 as independent · 4 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.

Committees and meetings

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

  • Board

    • 21 May 20265 of 6 present3 independent · 79 days in between
    • 2 Mar 20266 of 6 present3 independent · 19 days in between
    • 10 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair SUSANTA KUMAR PANDA

    MOHIT GULATI, DIXIT YASHREE KAUSHALBHAI, DARSHAN VAYEDA

    • 21 May 20264 of 4 present3 independent · 79 days in between
    • 2 Mar 20264 of 4 present3 independent · 19 days in between
    • 10 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair SUSANTA KUMAR PANDA

    MOHIT GULATI, DIXIT YASHREE KAUSHALBHAI, KOMAL BAJAJ

    • 2 Mar 20264 of 4 present3 independent
  • Stakeholders Relationship Committee

    Chair DIXIT YASHREE KAUSHALBHAI

    SUSANTA KUMAR PANDA, MOHIT GULATI, KOMAL BAJAJ

    • 21 May 20264 of 4 present3 independent · 99 days in between
    • 10 Feb 20264 of 4 present3 independent
  • Risk Management Committee

    Chair DARSHAN VAYEDA

    KOMAL BAJAJ, SUSANTA KUMAR PANDA

    • 10 Feb 20263 of 3 present1 independent
  • Corporate Social Responsibility Committee

    Chair DARSHAN VAYEDA

    KOMAL BAJAJ, DIXIT YASHREE KAUSHALBHAI

    • 21 May 20263 of 3 present1 independent · 79 days in between

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.

  • Nahta Jain & AssociatesPeer-review certificate valid to Dec 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.

Shanti Educational Initiatives 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.Shanti Educational Initiatives share news and announcements

Annual general meeting, 25 Sep 2026

6,918 shareholders on the register on 18 Sep 2026; present: 34 promoters and 58 others; votes counted by Jatin Kapadia / K Jatin & Co.The company's voting result (opens in a new tab)

  1. 1 - To receive, consider and adopt the Standalone and Consolidated Financial Statements including the Audited Balance Sheet as at 31st March 2026, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date and reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 38.50% · promoters 76.10% · institutions 0.00% · other public 1.95%

  2. 2 - To appoint a Director in place of Mrs. Komal Bajaj (DIN: 084450629), who retires by rotation in terms of Section 152(6) and being eligible, offers herself for re-appointment as a Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 38.50% · promoters 76.10% · institutions 0.00% · other public 1.95%

  3. 3 - To approve Material Related Party Transactions of the Company
    OrdinaryPromoters have an interest in it
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 0.53% · promoters 0.00% · institutions 0.00% · other public 1.95%

  4. 4 - To approve Material Related Party Transactions with Chiripal Charitable Trust
    OrdinaryPromoters have an interest in it
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 0.53% · promoters 0.00% · institutions 0.00% · other public 1.95%

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 disputeCommissioner of Central Tax Audit, AhmedabadSince 19 Dec 2022
    The Company had filed the appeal with the Commissioner of Central Tax now it was send back to AO for further review/proceedings.
    At the filing before: Notice of Demand was received for the AY 2014-15, 2015-16 and 2016-17 with the amount of Rs. 1,16,44898/-. The Company has filed the appeal before the Commissioner of Central Tax.

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
Yes
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.