SEL Manufacturing Company CEO, MD, chairman, board of directors and AGM
NSE: SELMCBSE: 532886Textiles & ApparelsSmall Cap
Share price at the NSE close on 19 Oct 2026. Previous close ₹22.65.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- 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.
- ₹75 Cr2,919th 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.
- Lossover the last 12 months
- 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.
- Net worth zero or below
- 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 zero or below
- 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 6 Aug 2026
- −15.7%
- 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.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day.
- 18,898
SEL Manufacturing Company 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 director and CEORAJEEV BHALLA
- ChairpersonMEGHNA ANUP GALA
6 directors2 independent2 executive2 non-executive
- NAVEEN ARORAExecutive · joined Apr 2021 · 1 listed board
- SHASHANKRAINon-executive · joined Mar 2021 · 1 listed board
- RAJEEV BHALLA · Managing director and CEOExecutive · joined Mar 2021 · 1 listed board · 1 committee seat
- DHARMINDER PALNon-executive · joined Aug 2025 · 1 listed board · 2 committee seats, 1 as chair
- MENKA RAJDEV YADAVIndependent · joined Aug 2025 · 11 months as independent · 1 listed board · 1 as independent · 2 committee seats
- MEGHNA ANUP GALA · ChairpersonIndependent · joined Aug 2025 · 11 months as independent · 4 listed boards · 4 as independent · 5 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
- MANJIT SINGH KOCHAR, left 29 Jul 2025: Others
- SEEMA SINGH, left 29 Jul 2025: Others
- DINESH KUMAR MEHTANI, left 18 Jul 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20264 of 6 present2 independent · 109 days in between
- 7 Feb 20264 of 6 present2 independent
Audit Committee
Chair MEGHNA MAHENDRA SAVLA
DHARMINDER PAL, MENKA RAJDEV YADAV
- 28 May 20263 of 3 present2 independent · 109 days in between
- 7 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair MENKA RAJDEV YADAV
DHARMINDER PAL, MEGHNA MAHENDRA SAVLA
- 28 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair DHARMINDER PAL
MENKA RAJDEV YADAV, MEGHNA MAHENDRA SAVLA, RAJEEV BHALLA
- 10 Nov 20253 of 4 present2 independent
Risk Management Committee
Chair RAJEEV BHALLA
DHARMINDER PAL, MEGHNA MAHENDRA SAVLA
- 7 Feb 20262 of 3 present1 independent · 88 days in between
- 10 Nov 20252 of 3 present1 independent
Independent Directors
- 10 Nov 20252 of 2 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.
- KAMBOJ MALHOTRA & ASSOCIATESPeer-review certificate valid to Jul 2027
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.
SEL Manufacturing Company 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.SEL Manufacturing Company dividend history
Annual general meeting, 30 Sep 2025
25,614 shareholders on the register on 22 Sep 2025; present: 0 promoters and 39 others; votes counted by Sumit Ghai / Lal Ghai & Associates.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March 2025, together with the Report of Board of Directors and Auditors thereon.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 37.42%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Mr. Shashankrai, (DIN: 08916697), who retires by rotation and being eligible offers himself for re-appointmentOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 49.23%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Ratification of remuneration payable to Cost Auditors, M/s Jatin Sharma and Co., Cost Accountants, for the financial year 2025-26.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 37.25%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Regularization of the appointment of Ms. Meghna Mahendra Savla (DIN: 09152133), as an Independent Director of the Company for a term upto five consecutive years commencing from 05th August, 2025Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 48.16%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Regularization of the appointment of Ms. Menka Rajdev Yadav (DIN: 11220201), as an Independent Director of the Company for a term upto five consecutive years commencing from 05th August, 20Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 48.16%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Regularization of the appointment of Mr. Dharminder Pal (DIN: 11229145), as a Non -Executive, Non-Independent Director of the Company for a term upto five consecutive years commencing from 05th August, 2025.MoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.00% · other public 38.50%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
To approve appointment of M/s Lal Ghai and Associates, Practising Company Secretaries as secretarial auditors of the company for the period of Five Consecutive Years commencing from Financial Year 2025-26 to 2029-30.MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 48.16%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
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.
Annual general meeting, 22 Aug 2024, 5 resolutions
Present: 0 promoters and 56 others.The company's voting result (opens in a new tab)
To Approve Audited Standalone and Consolidated financial statements of the Company for the financial year ended 31st March, 2024 including the Statement of Profit & Loss Account for the financial year ended on that date together with the report of Board of Directors & Auditors thereon, and in this regard to consider and, if thought fit, to pass with or without modification(s) the following resolutions as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 8.14%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.23%
To appoint a Director in place of Mr. Dinesh Kumar Mehtani, (DIN: 08909769), who retires by rotation and being eligible offers himself for reappointment, and in this regard, to consider and, if thought fit, to pass with or without modification(s) the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.67%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.23%
To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2025 and in this regard, to consider and, if thought fit, to pass with or without modification(s) the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.23%
To approve the appoint of Mr. Manjit Singh Kochar (DIN: 08298764) as an Independent Director of the Company, to consider and, if thought fit, to pass with or without modification(s) the following resolution as a Special ResolutionMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.68%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.23%
To approve the appoint of Mrs. Seema Singh (DIN: 10042852) as an Independent Director of the Company, to consider and, if thought fit, to pass with or without modification(s) the following resolution as a Special ResolutionMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.23%
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.
Extraordinary general meeting, 13 Oct 2023, 2 resolutions
Present: 1 promoter and 22,525 others.The company's voting result (opens in a new tab)
- Approval for strategic optionsSpecial77.72% for22.28% against
Against: promoters 0.00% · institutions 100.00% · other public 84.21%
Turnout: all 96.62% · promoters 100.00% · institutions 99.46% · other public 14.58%
- Initiation of Corporate Insolvency Resolution Process by the company under section 10 of the Insolvency and Bankruptcy code 2016.Special77.70% for22.30% against
Against: promoters 0.00% · institutions 100.00% · other public 84.21%
Turnout: all 96.63% · promoters 100.00% · institutions 99.52% · other public 14.58%
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, 22 Aug 2023, 6 resolutions
Present: 0 promoters and 59 others.The company's voting result (opens in a new tab)
To Approve Audited Standalone and Consolidated financial statements of the Company for the financial year ended 31st March, 2023 including the Statement of Profit & Loss Account for the financial year ended on that date together with the report of Board of Directors & Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.06% · promoters 100.00% · institutions 0.00% · other public 0.22%
- To appoint a Director in place of Mr. Shashankrai, (DIN: 08916697), who retires by rotation and being eligible offers himself for reappointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 75.06% · promoters 100.00% · institutions 0.00% · other public 0.22%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2024Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.58%
Turnout: all 75.06% · promoters 100.00% · institutions 0.00% · other public 0.22%
- To approve the appointment of Sh. Ashwani Kumar Khanna as an Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.49%
Turnout: all 75.06% · promoters 100.00% · institutions 0.00% · other public 0.22%
- To Re-appoint Sh. Rajeev Bhalla as Managing Director of the CompanyOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.49%
Turnout: all 75.06% · promoters 100.00% · institutions 0.00% · other public 0.22%
- To Re-appoint Sh. Naveen Arora as Whole-time Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.64%
Turnout: all 75.06% · promoters 100.00% · institutions 0.00% · other public 0.22%
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 2022, 4 resolutions
Present: 1 promoter and 5 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March 2022, together with the Report of Board of Directors & Auditors thereon alongwith Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2022, together with the Report of the Auditors thereon.nMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 7.41%
Turnout: all 75.00% · promoters 99.79% · institutions 0.00% · other public 0.05%
- To appoint a Director in place of Mr. Dinesh Kumar Mehtani, (DIN: 08909769), who retires by rotation and being eligible offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 14.81%
Turnout: all 75.00% · promoters 99.79% · institutions 0.00% · other public 0.05%
To re-appoint M/s Malhotra Manik & Associates, Chartered Accountants, (Firm Registration No. 015848N) as the Statutory Auditors of the Company and fix their remuneration, for a second term of five years.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 11.64%
Turnout: all 75.00% · promoters 99.79% · institutions 0.00% · other public 0.05%
- Ratification of remuneration payable to Cost Auditors, M/s Jatin Sharma & Co., Cost Accountants, for the financial year 2022-23.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 9.52%
Turnout: all 75.00% · promoters 99.79% · institutions 0.00% · other public 0.05%
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, 5 May 2022, 2 resolutions
Present: 1 promoter and 5 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2020 together with the Report of Board of Directors & Auditors thereon alongwith Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2020 together with the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.00% · promoters 99.79% · institutions 0.00% · other public 0.02%
- Ratification of remuneration payable to Cost Auditors, M/s Jatin Sharma & Co., Cost Accountants, for the financial year 2020-21.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.00% · promoters 99.79% · institutions 0.00% · other public 0.02%
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, 26 Sep 2019, 7 resolutions
Present: 5 promoters and 58 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March 2019, together with the Report of the Directors & Auditors thereon alongwith Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2019, together with the Report of the Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 15.98% · promoters 100.00% · institutions 0.00% · other public 0.29%
- Re-appointment of Mr. Navneet Gupta, (DIN: 02122420), Director of the Company who retires by rotation.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 15.98% · promoters 100.00% · institutions 0.00% · other public 0.29%
- Ratification of remuneration payable to Cost Auditors, M/s Jatin Sharma & Co., Cost Accountants, for the year 2019-20.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 15.98% · promoters 100.00% · institutions 0.00% · other public 0.29%
- Special Resolution for confirmation of re-appointment and remuneration of Mr. Vinod Kumar Goyal, (DIN: 02751391), as the Executive Director of the Company.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 15.98% · promoters 100.00% · institutions 0.00% · other public 0.29%
- Special Resolution for re-appointment of Mr. Ranjan Madaan (DIN : 02330886) as an Independent Director of the Company for a second term of five consecutive years.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 15.98% · promoters 100.00% · institutions 0.00% · other public 0.29%
- Special Resolution for re-appointment of Ms. Paramjit Kaur (DIN: 07141638), as an Independent Director of the Company for a second term of five consecutive years.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 15.98% · promoters 100.00% · institutions 0.00% · other public 0.29%
- Special Resolution for Mr. Ram Saran Saluja (DIN 01145051), to continue as Non-Executive Director of the Company on having attained the age of seventy five (75) years.SpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 14.59% · promoters 91.16% · institutions 0.00% · other public 0.29%
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, 6 resolutions
Present: 6 promoters and 42 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company for the year ended 31st March 2018, together with the Report of the Directors & Auditors thereon alongwith Adoption of the Audited Consolidated Financial Statements of the Company for the year ended 31st March 2018, together with the Report of the Auditors thereonMoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.85%
Turnout: all 16.16% · promoters 100.00% · institutions 0.00% · other public 0.54%
- Re-appointment of Mr. Ram Saran Saluja, (DIN: 01145051), Director of the Company who retires by rotationOrdinaryPromoters have an interest in it98.98% for1.02% against
Against: promoters 0.00% · institutions 0.00% · other public 42.79%
Turnout: all 16.16% · promoters 100.00% · institutions 0.00% · other public 0.54%
- Ratification of remuneration payable to Cost Auditors, M/s Jatin Sharma & Co., Cost Accountants, for the year 2018-19.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.93%
Turnout: all 16.16% · promoters 100.00% · institutions 0.00% · other public 0.54%
- Special Resolution for confirmation of re-appointment and remuneration of Mr. Neeraj Saluja, (DIN: 00871939) as the Managing Director of the CompanySpecialPromoters have an interest in it98.99% for1.01% against
Against: promoters 0.00% · institutions 0.00% · other public 42.63%
Turnout: all 16.16% · promoters 100.00% · institutions 0.00% · other public 0.54%
- Special Resolution for appointment of Mr. Dhiraj Saluja for holding of office or place of profit/employment pursuant to the provisions of the Companies Act, 2013SpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.93%
Turnout: all 13.63% · promoters 83.99% · institutions 0.00% · other public 0.54%
- Special Resolution for making/providing investment, loan, guarantee or security for the limits prescribed under the provisions of Section 186 of the Companies Act, 2013Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.93%
Turnout: all 16.16% · promoters 100.00% · institutions 0.00% · other public 0.54%
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 disputeESIC, SRO-BHOPALSince 4 Oct 2024Pending
- Tax disputeEPFO- Regional Office JalandharSince 8 Jan 2025Pending
- Tax disputeESI, Bhopal- Demand PendingSince 9 May 2025Pending
- Tax disputeESI, Bhopal- Interest Demand PendingSince 9 May 2025Pending
- Tax disputeESI, Bhopal- Damages Demand PendingSince 9 May 2025Pending
- Tax disputePF, Rahon- Interest & DamagesSince 22 Apr 2025Pending
- Tax disputePF, Neelon- Interest & DamagesSince 30 May 2025Pending
- Tax disputePF, Bhopal- Interest & DamagesSince 28 May 2025Pending
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
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- 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.