Shanti Overseas (India) MD, chairman, board of directors and AGM
NSE: SHANTIAgricultural Food & other ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹5.15.
- Under NSE's graded surveillance, stage 0, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹5.75 Cr4,800th 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 29 Jun 2026
- 1.4
- 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 14 Aug 2026
- −37.4%
- 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 29 Jun 2026
- 4.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 31,26769.7% delivered
Shanti Overseas (India) 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 directorMANISH HARISHANKAR DUBEY
6 directors4 independent1 executive1 non-executive
- SHRIBALA MANDHANYAIndependent · joined Jun 2021 · 61 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- DEVYANI CHHAJEDIndependent · joined Apr 2024 · 27 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 3 as chair
- TEJAL DINKAR VAZEIndependent · joined Mar 2025 · 16 months as independent · 1 listed board · 1 as independent · 2 committee seats
- DIGVIJAY D SINGHIndependent · joined May 2025 · 14 months as independent · 1 listed board · 1 as independent
- MANISH HARISHANKAR DUBEY · Chairperson and managing directorExecutive · joined Mar 2025 · 16 months as independent · 1 listed board
- ASHISH KUMAR NAIKNon-executive · joined May 2025 · 14 months as independent · 1 listed board
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.
4 directors who left
- AYUSH KACHOLIA, left 22 Mar 2025: Others
- KARUNA KACHOLIA, left 22 Mar 2025: Others
- POOJA CHORDIA, left 10 Feb 2025: Others
- RAHUL JAIN, left 10 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present4 independent · 63 days in between
- 27 Mar 20266 of 6 present4 independent · 41 days in between
- 13 Feb 20266 of 6 present4 independent
Audit Committee
Chair SHRIBALA MANDHANYA
MANISH HARISHANKAR DUBEY, TEJAL DINKAR VAZE
- 30 May 20263 of 3 present2 independent · 105 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHRIBALA MANDHANYA
TEJAL DINKAR VAZE, DEVYANI CHHAJED
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair SHRIBALA MANDHANYA
MANISH HARISHANKAR DUBEY, TEJAL DINKAR VAZE
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair SHRIBALA MANDHANYA
MANISH HARISHANKAR DUBEY, TEJAL DINKAR VAZE
No meeting listed in the filing.
Independent Director
Chair SHRIBALA MANDHANYA
DIGVIJAY D SINGH, TEJAL DINKAR VAZE, DEVYANI CHHAJED
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.
- B.L. Dasharda & AssociatesPeer-review certificate valid to Mar 2028
1 earlier auditor
- SPARK & ASSOCIATES CHARTERED ACCOUNTANTS LLPNamed in filings from Mar 2025 to Sep 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.
Shanti Overseas (India) 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 Overseas (India) dividend history
Annual general meeting, 30 Sep 2026
10,928 shareholders on the register on 23 Sep 2026; present: 0 promoters and 35 others; votes counted by Mihen Halani / Mihen Halani & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026 together with the Report of the Directors' and Auditor's thereon.MoreLess
Ordinary96.41% for3.59% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.59%
Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.05%
- To appoint a Director in place of Mr. Ashish Kumar Naik (DIN: 10955244), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary96.41% for3.59% against
Against: promoters 0.00% · institutions 0.00% · other public 3.59%
Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.05%
- Re-appointment of Mrs. Shribala Mandhanya (DIN: 09198012) as Independent Director of the Company for a second term of five consecutive years.Special96.41% for3.59% against
Against: promoters 0.00% · institutions 0.00% · other public 3.59%
Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.05%
- To approve disinvestment of the entire equity shares held in Shaan Agro Oils & Extractions Private Limited, a material subsidiary of Shanti Overseas (India) Limited.Special96.41% for3.59% against
Against: promoters 0.00% · institutions 0.00% · other public 3.59%
Turnout: all 0.05% · promoters 0.00% · 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 Dec 2025, 4 resolutions
12,032 shareholders on the register on 23 Dec 2025; present: 0 promoters and 34 others; votes counted by Mihen Halani / Mihen Halani & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2025 together with the Report of the Directors' and Auditor's thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%
- To appoint a director in place of Mr. Manish Harishankar Dubey (DIN: 09582612), 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 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%
- To appoint M/s B.L. Dasharda & Associates (FRN : 112615W), Chartered Accountant, as the Statutory Auditors of the Company and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%
- Appointment of M/s. Archna Maheshwari & Co, as Secretarial AuditorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.01%
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, 18 Oct 2025, 1 resolution
12,866 shareholders on the register on 11 Oct 2025; present: 0 promoters and 34 others; votes counted by ARCHNA MAHESHWARI / ARCHNA MAHESHWARI & CO..The company's voting result (opens in a new tab)
- RECLASSIFICATION OF PERSONS FORMING PART OF THE PROMOTER GROUP FROM PROMOTER & PROMOTER GROUP’ CATEGORY TO ‘PUBLIC’ CATEGORYOrdinary63.51% for36.49% against
Against: promoters 0.00% · other public 89.08%
Turnout: all 0.01% · promoters 100.00% · other public 0.00%
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.
Postal ballot, 14 Jun 2025, 4 resolutions
1,11,06,000 shareholders on the register on 9 May 2025; votes counted by Mihen Halani / Mihen Halani & Associates.The company's voting result (opens in a new tab)
- To appoint Mr. Manish Harishankar Dubey (DIN 09582612) as a Managing Director and Chairman of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 10.24% · promoters 0.00% · institutions 0.00% · other public 10.95%
- To appoint Ms. Tejal Dinkar Vaze (DIN 10957212) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 10.24% · promoters 0.00% · institutions 0.00% · other public 10.95%
- To appoint Mr. Ashish Kumar Naik (DIN 10955244) as a Non-Executive Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 10.24% · promoters 0.00% · institutions 0.00% · other public 10.95%
- To appoint Mr. Digvijay D. Singh (DIN 10943075) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 10.24% · promoters 0.00% · institutions 0.00% · other public 10.95%
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.
Annual general meeting, 30 Sep 2024, 4 resolutions
Present: 3 promoters and 13 others.The company's voting result (opens in a new tab)
Consideration, Approval and Adoption of the Audited Financial Statements of the Company on Standalone and Consolidated basis as at 31st March, 2024 and Statement of Profit and Loss for the financial year ended on that date and the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 11.82%
- Re-appointment of Mr. Ayush Kacholia (DIN: 03096933) as a director, who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 11.82%
- Appointment of M/s. SPARK & Associates, Chartered Accountants LLP, as the Statutory Auditors of the Company and fixed their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 11.82%
- Approval for divestment of entire investment of the Company in its material subsidiary.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.75% · promoters 100.00% · institutions 0.00% · other public 11.82%
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, 5 Jul 2024, 2 resolutions
Present: 3 promoters and 14 others.The company's voting result (opens in a new tab)
- Regularization of appointment of Mrs. Devyani Chhajed (DIN: 10276186) as Non-Executive Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.16% · promoters 100.00% · institutions 0.00% · other public 0.14%
- Approval to advance any loan / give guarantee / provide security under Section 185 of the Companies Act, 2013 .SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.16% · promoters 100.00% · institutions 0.00% · other public 0.14%
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, 2 resolutions
Present: 3 promoters and 13 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company on Standalone and Consolidated basis as at 31st March, 2023 and Statement of Profit and Loss for the financial year ended on that date and the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.12% · promoters 100.00% · institutions 0.00% · other public 22.53%
- Re-appointment of Mrs. Karuna Kacholia (DIN: 09307230) as a director, who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.12% · promoters 100.00% · institutions 0.00% · other public 22.53%
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, 6 Jan 2023, 2 resolutions
Present: 3 promoters and 13 others.The company's voting result (opens in a new tab)
- Divestment of entire investment of the Company in its Material Subsidiary.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.63% · promoters 100.00% · institutions 0.00% · other public 17.30%
- Regularised the appointment of Mr. Mukesh Kacholia (DIN: 00376922) as a Whole Time Director of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.63% · promoters 100.00% · institutions 0.00% · other public 17.30%
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.