Shashijit Infraprojects MD, chairman, board of directors and AGM
BSE: 540147ConstructionSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹2.28.
- Under BSE's long-term additional surveillance, stage I, on the list for 22 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.
- ₹17 Cr4,130th 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. The filing of 30 May 2026
- 1.1
- 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 is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- −1.5%
- 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
- −0.1%
- 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 30 May 2026
- 0.59
- Volume, BSEVolume. Shares traded on the last trading day.
- 10,659
Shashijit Infraprojects 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 directorAjitbhai Dipchandbhai Jain
- Company Secretary and Compliance OfficerNeha Mewara
6 directors3 independent3 executive
- Ajitbhai Dipchandbhai Jain · Chairperson and managing directorExecutive · joined Nov 2007 · reappointed Aug 2024 · 1 listed board · 2 committee seats
- Shashi Ajit JainExecutive · joined Nov 2007 · reappointed Aug 2024 · 1 listed board
- Aakruti Ajitkumar JainExecutive · joined Jul 2009 · reappointed Aug 2024 · 1 listed board · 1 committee seat
- Anil kumar JainIndependent · joined Aug 2016 · reappointed Aug 2021 · 118 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Dheeraj Mohanlal KhandelwalIndependent · joined Aug 2016 · reappointed Aug 2021 · 118 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Chintan Dilipbhai ShahIndependent · joined Jul 2024 · 23 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Jun 20266 of 6 present3 independent · 24 days in between
- 30 May 20266 of 6 present3 independent · 78 days in between
- 12 Mar 20266 of 6 present3 independent · 26 days in between
- 13 Feb 20266 of 6 present3 independent
Audit Committee
Chair Dheeraj Mohanlal Khandelwal
Anil kumar Jain, Ajitbhai Dipchandbhai Jain
- 30 May 20263 of 3 present2 independent · 58 days in between
- 1 Apr 20263 of 3 present2 independent · 46 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Dheeraj Mohanlal Khandelwal
Anil kumar Jain, Chintan Dilipbhai Shah, Ajitbhai Dipchandbhai Jain
- 1 Apr 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Dheeraj Mohanlal Khandelwal
Chintan Dilipbhai Shah, Ajitbhai Dipchandbhai Jain, Aakruti Ajitkumar Jain
- 1 Apr 20264 of 4 present2 independent
Independent Director's Committee
- 13 Feb 20263 of 3 present3 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.
- Kakaria and Associates LLPPeer-review certificate valid to Mar 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.
Shashijit Infraprojects 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.Shashijit Infraprojects dividend history
Annual general meeting, 30 Sep 2026
5,246 shareholders on the register on 23 Sep 2026; present: 7 promoters and 41 others; votes counted by NITESH P. SHAH / NITESH P. SHAH.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Report of Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.35% · promoters 100.00% · institutions 0.00% · other public 12.16%
- To appoint a Director in place of Mrs. Shashi Jain (DIN: 01847023), who retires by rotation and being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint Ms. Asha Shravankumar Khedia (DIN: 11743210) as an Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint Mr. Santosh Kumar Purohit (DIN: 11894207) as an Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider the removal of Mr. Ajit Jain (DIN: 01846992) from the Office of Director of the CompanyOrdinaryNot passedPromoters have an interest in it0.05% for99.95% against
Against: promoters 100.00% · institutions 0.00% · other public 99.69%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax DepartmentSince 25 Mar 2021No change in StatusAt the filing before: Tax demand for the AY 2018-19. The company has already filed an appeal to the Commissioner of Income tax (Appeals) and this matter is still pending
- Tax disputeIncome Tax DepartmentSince 21 Mar 2025No change in Status
At the filing before: Notice of Demand under Section 156 of the Income Tax Act, 1961, along with an assessment order passed under Section 143(3) read with Section 144B of the Act for the AY 2023-24. The Company has already file an appeal before the appellate authority in this matter and this matter is still pendingMoreLess
- Tax disputeSuperintendent, CGST & Central Excise, Range-I, Division-X, Daman Commissionerate.Since 31 Dec 2025No change in StatusAt the filing before: The Company has received an Order dated 30th December 2025. The Company has filed an appeal before the appellate authority in this matter and this matter is still pending
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
- No
- 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 Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. 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 | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesMar 2025 | 6.85 | Working Capital | 6.85 | 6.85 | No | Audit committee: Audit Committee has noted that there is no deviation/variation in utilization of issue proceeds |