SEPC MD, chairman, board of directors and AGM
NSE: SEPCBSE: 532945ConstructionSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹4.98.
- 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.
- ₹947 Cr1,345th 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.
- Earlier quarters restated in the year
- 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 10 Jul 2026
- 0.5
- 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
- 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 11 Aug 2026
- 2.7%
- 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. The filing of 10 Jul 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 94,40,52454.6% delivered
SEPC 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
- ChairpersonAbdulla Mohammad Ibrahim Hassan AbdullaRelated to the promoter
- Company Secretary and Compliance OfficerT. Sriraman
6 directors4 independent1 executive1 non-executive
- Abdulla Mohammad Ibrahim Hassan Abdulla · ChairpersonNon-executive · joined Jun 2022 · 1 listed board
- R RavichandranIndependent · joined Jun 2022 · reappointed Jun 2022 · 48 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Rajesh Kumar BansalIndependent · joined Jan 2023 · reappointed Jan 2023 · 41 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Gopalaswamy Arun KumarIndependent · joined Jun 2022 · reappointed Jun 2022 · 48 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Sundaram GayathriIndependent · joined Jan 2023 · reappointed Jan 2023 · 41 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- Venkataramani JaiganeshExecutive · joined Jul 2025 · 2 listed boards · 2 committee seats
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.
2 directors who left
- Ashutosh Karnatak, left 24 Jun 2026: Others
- Nemmara Krishnan Suryanarayanan, left 30 Sep 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 May 20266 of 7 present5 independent · 62 days in between
- 23 Mar 20266 of 6 present4 independent
Audit Committee
Chair R Ravichandran
Gopalaswamy Arun Kumar, Venkataramani Jaiganesh
- 25 May 20263 of 3 present2 independent · 106 days in between
- 7 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair R Ravichandran
Gopalaswamy Arun Kumar, Abdulla Mohammad Ibrahim Hassan Abdulla
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Gopalaswamy Arun Kumar
R Ravichandran, Venkataramani Jaiganesh
- 25 May 20263 of 3 present2 independent · 106 days in between
- 7 Feb 20263 of 3 present2 independent
Risk Management Committee
Chair Gopalaswamy Arun Kumar
R Ravichandran, Venkataramani Jaiganesh
- 25 May 20263 of 3 present2 independent · 191 days in between
- 14 Nov 20253 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.
- MSKA & AssociatesPeer-review certificate valid to Jul 2027
1 earlier auditor
- M S K A & AssociatesNamed 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.
SEPC 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.SEPC dividend history
Annual general meeting, 28 Sep 2026
3,44,053 shareholders on the register on 21 Sep 2026; present: 2 promoters and 35 others; votes counted by D. Saravanan / Alagar & Associates LLP.The company's voting result (opens in a new tab)
1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 along with the report of the Board of Directors and the Auditor’s thereon.MoreLess
Ordinary59.72% for40.28% againstAgainst: promoters 0.00% · institutions 95.47% · other public 1.30%
Turnout: all 0.87% · promoters 1.34% · institutions 2.48% · other public 0.50%
- To appoint a Director in place of Mr. Venkataramani Jaiganesh (DIN:00095975) who retires by rotation and being eligible offers himself for re-appointment.OrdinaryPromoters have an interest in it95.13% for4.87% against
Against: promoters 0.00% · institutions 0.87% · other public 10.28%
Turnout: all 0.87% · promoters 1.34% · institutions 2.48% · other public 0.50%
- Ratification of remuneration of Cost Auditor of the Company for the financial year ending March 31, 2026.Ordinary99.26% for0.74% against
Against: promoters 0.00% · institutions 0.00% · other public 1.69%
Turnout: all 0.87% · promoters 1.34% · institutions 2.48% · other public 0.50%
- Appointment ofMs. Vasuki K B K (DIN:07452011) as an Independent Director of the CompanySpecial94.84% for5.16% against
Against: promoters 0.00% · institutions 0.00% · other public 11.77%
Turnout: all 0.87% · promoters 1.34% · institutions 2.48% · other public 0.50%
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, 5 Aug 2026, 4 resolutions
3,22,792 shareholders on the register on 3 Jul 2026; votes counted by D Saravanan / Alagar & Associates LLP.The company's voting result (opens in a new tab)
- To Increase the Authorized Share Capital of the Company and consequent Alteration to the Capital Clause of the Memorandum of AssociationOrdinary98.99% for1.01% against
Against: promoters 0.00% · institutions 0.00% · other public 28.35%
Turnout: all 11.95% · promoters 100.00% · institutions 1.75% · other public 0.58%
- To Increase the threshold of loans/guarantees, providing securities and making investments in securities under Section 186 of the Companies Act, 2013.Special97.03% for2.97% against
Against: promoters 0.00% · institutions 88.42% · other public 28.48%
Turnout: all 11.95% · promoters 100.00% · institutions 1.75% · other public 0.58%
Issuance of equity shares to the shareholders of Avenir International Engineers and Consultants LLC, Abu Dhabi, on a preferential basis for consideration other than cash by way of swap of equity sharesMoreLess
Special98.97% for1.03% againstAgainst: promoters 0.00% · institutions 0.00% · other public 28.98%
Turnout: all 11.95% · promoters 100.00% · institutions 1.75% · other public 0.58%
- To Increase the overall borrowing limit of the Company in accordance with the provisions of Section 180(1)(c) of the Companies Act, 2013Special96.50% for3.50% against
Against: promoters 0.00% · institutions 88.42% · other public 43.24%
Turnout: all 11.95% · promoters 100.00% · institutions 1.75% · other public 0.58%
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.
Postal ballot, 7 Mar 2026, 1 resolution
3,32,287 shareholders on the register on 30 Jan 2026; votes counted by D Saravanan / Alagar & Associates LLP.The company's voting result (opens in a new tab)
- To consider and approve Variation in the objects of the Rights Issue mentioned in the Letter of Offer dated May 22, 2025Special99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 19.97%
Turnout: all 27.28% · promoters 100.00% · institutions 1.59% · other public 0.33%
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, 12 Nov 2025, 1 resolution
3,48,214 shareholders on the register on 8 Oct 2025; votes counted by D Saravanan / Alagar & Associates LLP.The company's voting result (opens in a new tab)
- To consider and approve the re-designation of Mr. Venkataramani Jaiganesh (DIN: 00095975), Whole-Time Director (Key Managerial Personnel) as Managing Director of the Company.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.22%
Turnout: all 30.45% · promoters 100.00% · institutions 1.57% · 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.
Annual general meeting, 29 Sep 2025, 6 resolutions
3,13,675 shareholders on the register on 22 Sep 2025; present: 2 promoters and 30 others; votes counted by D. Saravanan / Alagar & Associates LLP.The company's voting result (opens in a new tab)
1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 along with the report of the Board of Directors and the Auditor’s thereon.MoreLess
Ordinary99.22% for0.78% againstAgainst: promoters 0.00% · institutions 99.90% · other public 1.20%
Turnout: all 30.37% · promoters 100.00% · institutions 1.42% · other public 0.12%
- To appoint a Director in place of Mr. Abdulla Mohammad Ibrahim Hassan Abdulla (DIN: 09436100) who retires by rotation and being eligible offers himself for re-appointment.OrdinaryPromoters have an interest in it99.22% for0.78% against
Against: promoters 0.00% · institutions 99.90% · other public 1.47%
Turnout: all 30.37% · promoters 100.00% · institutions 1.42% · other public 0.12%
- Ratification of remuneration of Cost Auditor of the Company for the financial year ending March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.69%
Turnout: all 30.37% · promoters 100.00% · institutions 1.42% · other public 0.12%
- Appointment of Mr. Venkataramani Jaiganesh (DIN: 00095975) as Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.56%
Turnout: all 30.37% · promoters 100.00% · institutions 1.42% · other public 0.12%
- Appointment of Mr. Venkataramani Jaiganesh (DIN: 00095975) as Whole-Time Director (Key Managerial Personnel) of the Company and to approve the remuneration payable to himOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 2.67%
Turnout: all 30.37% · promoters 100.00% · institutions 1.42% · other public 0.12%
- Appointment of Secretarial AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.43%
Turnout: all 30.37% · promoters 100.00% · institutions 1.42% · other public 0.12%
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.
Postal ballot, 20 Dec 2024, 1 resolution
The company's voting result (opens in a new tab)
- To consider and approve the increase in Authorized Share Capital of the Company and subsequent alteration in memorandum of associationOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 2.56%
Turnout: all 34.40% · promoters 100.00% · institutions 1.32% · other public 0.43%
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 2024, 3 resolutions
Present: 2 promoters and 32 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 along with the report of the Board of Directors and the Auditor’s thereon.MoreLess
Ordinary99.34% for0.66% againstAgainst: promoters 0.00% · institutions 100.00% · other public 2.82%
Turnout: all 34.28% · promoters 100.00% · institutions 1.12% · other public 0.25%
- To appoint a Director in place of Mr. N K Suryanarayanan, (DIN: 01714066) who retires by rotation and being eligible offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.47%
Turnout: all 34.28% · promoters 100.00% · institutions 1.12% · other public 0.25%
- Ratification of remuneration of Cost Auditor of the Company for the financial year ending March 31, 2025.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.43%
Turnout: all 34.28% · promoters 100.00% · institutions 1.12% · other public 0.25%
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, 8 Mar 2024, 1 resolution
The company's voting result (opens in a new tab)
- To increase the Authorized Share capital of the Company and consequent amendment in the Memorandum of Association.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 38.28% · promoters 100.00% · institutions 0.72% · other public 22.87%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 7 Mar 2026, 1 fund house
- To consider and approve Variation in the objects of the Rights Issue mentioned in the Letter of Offer dated May 22, 20251 for0 against
Mutual fund votes, meeting of 12 Nov 2025, 1 fund house
- To consider and approve the re-designation of Mr. Venkataramani Jaiganesh (DIN: 00095975), Whole-Time Director (Key Managerial Personnel) as Managing Director of the Company.1 for0 against
1 earlier meeting
Mutual fund votes, meeting of 29 Sep 2025, 1 fund house
1. To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 along with the report of the Board of Directors and the Auditor’s thereon.MoreLess
1 for0 against- To appoint a Director in place of Mr. Abdulla Mohammad Ibrahim Hassan Abdulla (DIN: 09436100) who retires by rotation and being eligible offers himself for re-appointment.1 for0 against
- Ratification of remuneration of Cost Auditor of the Company for the financial year ending March 31, 2025.1 for0 against
- Appointment of Mr. Venkataramani Jaiganesh (DIN: 00095975) as Director of the Company1 for0 against
- Appointment of Mr. Venkataramani Jaiganesh (DIN: 00095975) as Whole-Time Director (Key Managerial Personnel) of the Company and to approve the remuneration payable to him1 for0 against
- Appointment of Secretarial Auditor1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeThe Principal Commissioner of Service Tax, Service Tax -I CommissionerateSince 27 Dec 2016Pending before Division Bench B1 - CESTATAt the filing before: Dispute on Works Contract Services and Related Party Transactions during the year 2010-11 to 2012-13 Demand Rs.7,79,77,435/-
- Tax disputeThe Assisstant Commissioner- Commercial Taxes Andhra PradeshSince 7 Feb 2011Pettition filled and the matter is pending bedore the Supreme Court, New Delhi.At the filing before: Tax demand on Disputed Turnover during the year 2008-09 to 2010-11 Demand Rs.1,83,62,732/- Penalty Rs.39,70,216/-
- Tax disputeRevisional Board, West BengalSince 30 Sep 2010Pending Before Revisional Board West BengalAt the filing before: Disputed on Input Credit Vat Sales and CST Sales during the period 2007-2008 Demand Rs.9,42,36,023/-
- Tax disputeThe Assistant Commissioner (INT), Squad No.1, State Goods and Service Tax Department Kerala, ThrissurSince 1 Feb 2021Writ Pettition heard by the High Court of Kerala and Passed the Order to Keep the matter in abeyance. Final hearing yet to be heardAt the filing before: Disputed on penalty during the year 2015-16 Demand Rs.6,58,78,000/-
- Tax disputeState Tax Office, Egmore Assessment Circle, Egmore, ChennaiSince 7 Sep 2022Pending before State Tax Office, Egmore Assessment Circle, Egmore, ChennaiAt the filing before: Disputed on input tax credit during the year 2011-12 to 2015-16 Demand Rs.2,48,983/-
- Tax disputeThe Superintendent of GST , Range -II, 4-A LIC Building, Reti Stand Udaipur, Rajasthan.Since 2 Jan 2023Before Pending Superintendent of GST , Range -II, 4-A LIC Building, Reti Stand Udaipur, Rajasthan.At the filing before: Disputed on Royalty during the year 2018-19 and 2019-20 Demand Rs.5,97,868/-
- Tax disputeThe Assistant Commissioner, Tax prayer Services Circle, Panampilly, Ernakulam.Since 27 Dec 2018Pending before Joint Commissioner (Appeals), S.G.S.T. Dept. MattancheeryAt the filing before: Disputed on Tax and Penalty during the year 2016-17 Demand Rs.4,46,33,025/- Penalty Rs.1,11,58,256/-
- Tax disputeThe Assistant Commissioner of Central Tax, SD-2 Division, Bangalore South CommissionerateSince 26 Mar 2026Pending before the Commissioner of GST (Appeals-I), TTMC-BMTC Building, above BMTC Bus stand, 4th Floor, Domlur, Old Airport Road, Bangalore -560 071.At the filing before: Disputed on Tax 2019-20 Tax Rs.21,34,274/- & Rs.Penalty 23,12,590/-, 2020-21 Tax Rs.34,32,559/- & Penalty Rs.36,25,617/- and Tax Rs.16,94,170/- & Penalty Rs.17,90,088/- Total Rs.1,49,89,298/-
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
- 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.
How money raised was used
Reported for the quarter to Jun 2026. 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | Repayment or pre-payment, in full or part of certain borrowings availed by our Company. | 15.00 | 0.25 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | Funding for Payment of Non-Convertible Debentures including redemption and interest | 15.80 | 0.43 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | For meeting the Company's existing and incremental workinng capital requirements | 124.20 | 4.70 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | To augment the working capital requirement of our Company | 160.00 | 0.00 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | Funding for increasing the additional Margin of Non- Fund Based Limits | 15.00 | 0.00 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | General Corporate Purpose | 15.00 | 0.62 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | Issue related expenses | 5.00 | 1.03 | No |
| Rights IssuesJun 2025, checked by Infomerics Valuation and Rating Limited | 350.00 | Total Funds utilised during the Quarter (Q1 of FY 27) | 350.00 | 7.03 | No |