STL Global logo

STL Global MD, chairman, board of directors and AGM

NSE: SGLBSE: 532730Textiles & ApparelsSmall Cap

Formerly Shivalik Global
Last close ₹8.89down ₹0.70 (7.30%)BSE ₹8.83

Share price at the NSE close on 23 Oct 2026. Previous close ₹9.59.

52-week range of traded prices to 23 Oct 2026
₹8.40Low, 30 Mar 2026₹15.49High, 25 Nov 2025
Market cap
₹24 Cr3,802nd largest listed
P/E
Lossover the last 12 months
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
−5.2%
ROCE
−3.4%
Debt to equity
0.48
Volume, NSE
9,79957.1% delivered

STL Global 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 directorVINOD KUMAR AGGARWALRelated to the promoter

6 directors3 independent3 executive

  • VINOD KUMAR AGGARWAL · Chairperson and managing directorExecutive · joined Jun 2020 · reappointed Sep 2025 · 1 listed board · 2 committee seats
  • SANJIV KUMAR AGARWALExecutive · joined Sep 2005 · reappointed Oct 2025 · 1 listed board · 1 committee seat
  • MUKESHIndependent · joined Aug 2023 · reappointed Aug 2023 · 35 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • SANJEEV KUMARIndependent · joined Sep 2023 · reappointed Sep 2023 · 34 months as independent · 1 listed board · 1 as independent
  • ARMAAN AGGARWALExecutive · joined Aug 2024 · reappointed Aug 2024 · 1 listed board
  • PAYAL GARGIndependent · joined Jan 2025 · reappointed Jan 2025 · 17 months as independent · 1 listed board · 1 as independent · 1 committee seat

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.

1 director who left
  • ANJANA MEHRA, left 16 Jan 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 29 May 20266 of 6 present3 independent · 106 days in between
    • 11 Feb 20265 of 6 present2 independent

  • Audit Committee

    Chair MUKESH

    VINOD KUMAR AGGARWAL, PAYAL GARG

    • 29 May 20263 of 3 present2 independent · 106 days in between
    • 11 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair MUKESH

    SANJEEV KUMAR, PAYAL GARG

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair MUKESH

    SANJIV KUMAR AGARWAL, VINOD KUMAR AGGARWAL

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair VINOD KUMAR AGGARWAL

    SANJIV KUMAR AGARWAL, MUKESH

    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 Mar 2026.

  • M.M. GOYAL & COMPANYPeer-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.

STL Global 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.STL Global share news and announcements

Annual general meeting, 30 Sep 2026

14,553 shareholders on the register on 23 Sep 2026; present: 4 promoters and 65 others; votes counted by VIJAY BAHADUR / VIJAY MOURYA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS, DIRECTORS’ REPORT AND AUDITORS REPORT FOR THE FINANCIAL YEAR 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 65.79% · promoters 100.00% · institutions 0.00% · other public 0.10%

  2. RETIREMENT BY ROTATION OF MR. ARMAAN AGGARWAL (DIN: 10213418) AS AN EXECUTIVE DIRECTOR OF THE COMPANY
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 65.79% · promoters 100.00% · institutions 0.00% · other public 0.10%

  3. CONTINUATION OF APPOINTMENT OF MR. SANJIV KUMAR AGARWAL, WHOLE TIME DIRECTOR (DIN: 00227251), WHO WILL ATTAIN THE AGE OF 70 YEARS
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 65.79% · promoters 100.00% · institutions 0.00% · other public 0.10%

  4. MATERIAL RELATED PARTY TRANSACTIONS BETWEEN SHYAM TEX EXPORTS LIMITED, A RELATED PARTY OF STL GLOBAL LIMITED AND STL GLOBAL LIMITED
    OrdinaryPromoters have an interest in it
    99.29% for0.71% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 0.03% · promoters 0.00% · institutions 0.00% · other public 0.10%

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, 30 Sep 2025, 4 resolutions

14,834 shareholders on the register on 23 Sep 2025; present: 4 promoters and 66 others; votes counted by VIJAY BAHADUR / VIJAY MOURYA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS, DIRECTORS’ REPORT AND AUDITORS REPORT FOR THE FINANCIAL YEAR 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 65.80% · promoters 100.00% · institutions 0.00% · other public 0.13%

  2. RETIREMENT BY ROTATION OF MR. VINOD KUMAR AGGARWAL (DIN: 00170712) AS AN MANAGING DIRECTOR OF THE COMPANY
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 65.80% · promoters 100.00% · institutions 0.00% · other public 0.13%

  3. RE-APPOINTMENT OF MR. SANJIV KUMAR AGARWAL (DIN: 00227251), WHOLE TIME DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 65.80% · promoters 100.00% · institutions 0.00% · other public 0.13%

  4. APPOINTMENT OF SECRETARIAL AUDITOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 65.80% · promoters 100.00% · institutions 0.00% · other public 0.13%

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 Apr 2025, 1 resolution

14,898 shareholders on the register on 28 Feb 2025; votes counted by VIJAY BAHADUR / VIJAY MOURYA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. REGULARIZATION OF APPOINTMENT OF MS. PAYAL GARG (DIN: 10888198) AS AN NON-EXECUTIVE INDEPENDENT WOMAN DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.15%

    Turnout: all 65.78% · promoters 100.00% · institutions 0.00% · other public 0.07%

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, 30 Sep 2024, 4 resolutions

Present: 4 promoters and 69 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS, DIRECTORS’ REPORT AND AUDITORS REPORT FOR THE FINANCIAL YEAR 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.26%

    Turnout: all 65.78% · promoters 100.00% · institutions 0.00% · other public 0.07%

  2. RETIREMENT BY ROTATION OF MR. SANJIV KUMAR AGARWAL (DIN: 00227251), WHOLE TIME DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.26%

    Turnout: all 65.78% · promoters 100.00% · institutions 0.00% · other public 0.07%

  3. REGULARIZATION OF APPOINTMENT OF MR. ARMAAN AGGARWAL (DIN: 10213418) AS AN EXECUTIVE DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    93.74% for6.26% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.26%

    Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.07%

  4. RE-APPOINTMENT OF MR. VINOD KUMAR AGGARWAL (DIN: 00170712) AS AN MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    93.74% for6.26% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.26%

    Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.07%

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, 30 Sep 2023, 5 resolutions

Present: 5 promoters and 69 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS, DIRECTORS’ REPORT AND AUDITORS REPORT FOR THE FINANCIAL YEAR 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.36%

    Turnout: all 65.77% · promoters 100.00% · institutions 0.00% · other public 0.05%

  2. RETIREMENT BY ROTATION OF MR. MANAV RASTOGI (DIN: 01055505), NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.36%

    Turnout: all 65.77% · promoters 100.00% · institutions 0.00% · other public 0.05%

  3. REGULARIZATION OF APPOINTMENT OF MR. MUKESH (DIN: 10260383) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.36%

    Turnout: all 65.77% · promoters 100.00% · institutions 0.00% · other public 0.05%

  4. ALTERATION IN THE REMUNERATION STRUCTURE OF MR. SANJIV KUMAR AGARWAL (DIN: 00227251), WHOLE TIME DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.14%

    Turnout: all 65.77% · promoters 100.00% · institutions 0.00% · other public 0.05%

  5. REGULARIZATION OF APPOINTMENT OF MR. SANJEEV KUMAR (DIN: 10296771) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.36%

    Turnout: all 65.77% · promoters 100.00% · 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, 30 Sep 2022, 5 resolutions

Present: 4 promoters and 64 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS, DIRECTORS’ REPORT AND AUDITORS REPORT FOR THE FINANCIAL YEAR 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 62.32% · promoters 94.73% · institutions 0.00% · other public 0.06%

  2. RETIREMENT BY ROTATION OF DIRECTOR MR. VINOD KUMAR AGGARWAL
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 62.32% · promoters 94.73% · institutions 0.00% · other public 0.06%

  3. APPOINTMENT OF STATUTORY AUDITOR M/S M.M. GOYAL & CO., CHARTERED ACCOUNTANTS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 62.32% · promoters 94.73% · institutions 0.00% · other public 0.06%

  4. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS BETWEEN STL GLOBAL LIMITED AND SHYAM TEX EXPORTS LIMITED
    OrdinaryPromoters have an interest in it
    99.00% for1.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.00%

    Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.06%

  5. TO CONTINUE MR. SATYA NARAIN AGGARWAL AS AN NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY WHO IS ATTAINING THE AGE OF 75 YEARS DURING HIS TENURE
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.19%

    Turnout: all 62.32% · promoters 94.73% · institutions 0.00% · other public 0.06%

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, 30 Sep 2021, 4 resolutions

Present: 3 promoters and 56 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS, DIRECTORS’ REPORT AND AUDITORS REPORT FOR THE FINANCIAL YEAR 2020-21
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.47%

    Turnout: all 39.67% · promoters 59.71% · institutions 100.00% · other public 0.69%

  2. RETIREMENT BY ROTATION OF DIRECTOR MR. SANJIV KUMAR AGGARWAL
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.47%

    Turnout: all 39.67% · promoters 59.71% · institutions 100.00% · other public 0.69%

  3. RATIFICATION OF APPOINTMENT OF STATUTORY AUDITORS M/S VISHNU AGGARWAL ASSOCIATES, CHARTERED ACCOUNTANTS
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.39%

    Turnout: all 39.67% · promoters 59.71% · institutions 100.00% · other public 0.69%

  4. REGULARIZATION OF APPOINTMENT OF MR. MANAV RASTOGI (DIN: 01055505) AS A NON-EXECUTIVE NON - INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.45%

    Turnout: all 39.67% · promoters 59.71% · institutions 100.00% · other public 0.69%

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, 29 Sep 2020, 5 resolutions

Present: 2 promoters and 64 others.The company's voting result (opens in a new tab)

  1. Approved and Adopted the Audited Financial Statement of the Company for the Financial Year ended on March 31, 2020 together with the Directors’ and Auditor's Reports thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 62.07% · promoters 94.71% · institutions 0.00% · other public 0.04%

  2. RATIFICATION OF APPOINTMENT OF STATUTORY AUDITORS M/S VISHNU AGGARWAL ASSOCIATES, CHARTERED ACCOUNTANTS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.11%

    Turnout: all 62.07% · promoters 94.71% · institutions 0.00% · other public 0.04%

  3. APPOINTMENT OF MR. VINOD KUMAR AGGARWAL (DIN: 00170712) AS AN MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.64%

    Turnout: all 46.45% · promoters 70.87% · institutions 0.00% · other public 0.04%

  4. RE-APPOINTMENT OF MR. SANJIV KUMAR AGGARWAL(DIN: 00227251) AS AN WHOLE TIME DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.76%

    Turnout: all 62.07% · promoters 94.71% · institutions 0.00% · other public 0.04%

  5. REGULARIZATION OF APPOINTMENT OF MR. SATYA NARAIN AGGARWAL (DIN: 08712232) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.15%

    Turnout: all 62.07% · promoters 94.71% · institutions 0.00% · other public 0.04%

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.

Fines and tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyIncome Tax AuthoritySince 31 Jan 2026

    Order passed under section 250 of the Income Tax Act, 1961 by CIT against Assessment order u/s 147 r.w.s. 143(3) and demand notice under section 156 for F.Y. 2015-16 to F.Y. 2020-21 for Rs. 3.05 crores of Income Tax. CIT Appeal dismissed the appeal.

    The company have filed appeals before CIT (Appeal) vide its order dated 31-01-2026, the appeal has been dismissed by Appellant Authority. The Company is aggrieved with order passed hence filed Appeal against the order before the Income Tax Appellate Tribunal (ITAT), Delhi on dated 11-03-2026.MoreLess
  • Tax disputeIncome Tax AuthoritySince 31 Jan 2026
    Appeal filed with Income Tax Appellate Tribunal (ITAT), Delhi on dated 11-03-2026.
    At the filing before: The company have filed appeals before CIT (Appeal) vide its order dated 31-01-2026, the appeal has been dismissed by Appellant Authority. The Company is aggrieved with order passed hence filed Appeal against the order before the Income Tax Appellate Tribunal (ITAT), Delhi on dated 11-03-2026.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

At most 1 complaint open, quarter to Sep 2025.
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
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.