Shigan Quantum Technologies MD, chairman, board of directors and AGM

NSE: SHIGANAuto Components

₹57.15₹5.35 (8.56%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹62.50.

52-week range of traded prices to 23 Oct 2026

₹41.20Low, 22 Dec 2025₹88.00High, 21 May 2026

Next results date: the board meets on 5 Nov 2026 to consider: financial results.

Market cap: ₹116 Cr
P/E: 17.2
P/B: 1.2
Dividend yield: 0.87%
ROE: 7.0%
Debt to equity: 0.67
Volume, NSE: 1,500100.0% delivered

Shigan Quantum Technologies board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

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.

Statutory auditor

Named in the results for the quarter to Mar 2026.

M/s Arun Naresh & CoPeer-review certificate valid to Jan 2028

1 earlier auditor

Arun Naresh & Co.Named 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.

Shigan Quantum Technologies 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.Shigan Quantum Technologies dividend history

Annual general meeting, 25 Sep 2026

750 shareholders on the register on 18 Sep 2026; present: 8 promoters and 15 others; votes counted by Manish Manwani / Manwani & Associates.The company's voting result (opens in a new tab)

Adoption of the audited standalone financial statements of the Company for the financial year ended 31st March, 2026, together with the reports of the Board of Directors and of the Auditors thereon
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.41% · promoters 100.00% · institutions 0.00% · other public 18.75%
Adoption of the audited consolidated financial statements of the Company for the financial year ended 31st March, 2026, together with the report of the Auditors thereon
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.41% · promoters 100.00% · institutions 0.00% · other public 18.75%
Re-appointment of Mr. Shishir Agrawal as a Director, liable to retire by rotation
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.41% · promoters 100.00% · institutions 0.00% · other public 18.75%
Declaration of the final dividend on equity shares for the financial year ended 31st March, 2026
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.41% · promoters 100.00% · institutions 0.00% · other public 18.75%
Ratification of the remuneration to be paid to the Cost Auditors of the Company
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.41% · promoters 100.00% · institutions 0.00% · other public 18.75%
Approval of the material related party transactions of the Company
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.67% · promoters 0.00% · institutions 0.00% · other public 18.75%
Approval of the material related party transactions of the subsidiary of the Company
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.67% · promoters 0.00% · institutions 0.00% · other public 18.75%
Increase in the authorised share capital of the Company and consequent alteration to the Memorandum of Association
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.41% · promoters 100.00% · institutions 0.00% · other public 18.75%

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.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹76.3 Cr32 dealings
Half-year to Sep 2025: ₹47.3 Cr20 dealings

Between	Dealing
Shigan Quantum Technologies Limited and SHIGAN INDUSTRIES PRIVATE LIMITEDCommon Control	Purchase of goods or services	70.00	22.28	14.92	13.57
Shigan Quantum Technologies Limited and Shigan Electronics Private LimitedCommon Control	Purchase of goods or services	50.00	15.31	0.00	0.00
Shigan Electronics Private Limited and Shigan Quantum Technologies LimitedCommon Control	Sale of goods or services	50.00	13.99	0.02	2.04
Shigan Quantum Technologies Limited and Shigan Electronics Private LimitedCommon Control	Sale of goods or services	45.00	5.22	0.05	2.04
Shigan Electronics Private Limited and Shigan Quantum Technologies LimitedCommon Control	Purchase of goods or services	25.00	5.21	0.02	2.04
Shigan Quantum Technologies Limited and SHIGAN TECHSOLUTIONS PRIVATE LIMITEDCommon Control	Purchase of goods or services	8.00	2.62	0.00	0.00
Shigan Quantum Technologies Limited and SHIGAN TECHSOLUTIONS PRIVATE LIMITEDCommon Control	Sale of goods or services	8.00	2.47	1.46	2.55
Shigan Electronics Private Limited and Shigan Quantum Technologies LimitedCommon Control	Any other transactionJob Work Sale	20.00	1.28	0.02	2.04
Shigan Quantum Technologies Limited and CLH GASEOUS FUEL APPLICATIONS PRIVATE LIMITEDCommon Control	Any other transactionPayment of Rent	3.50	1.16	0.00	0.00
Shigan Quantum Technologies Limited and SHIGAN TECHSOLUTIONS PRIVATE LIMITEDCommon Control	Any other transactionService charges for Conversion	4.00	0.93	0.00	0.00
Shigan Quantum Technologies Limited and SA FAMILY TRUSTCommon Control	Any other transactionRoyalty Fees	2.31	0.61	0.85	0.06
Shigan Quantum Technologies Limited and GA FAMILY TRUSTCommon Control	Any other transactionRoyalty Fees	2.31	0.61	0.65	0.05
Shigan Quantum Technologies Limited and SHIGAN INDUSTRIES PRIVATE LIMITEDCommon Control	Sale of goods or services	2.00	0.60	0.00	0.00
Shigan Electronics Private Limited and CLH GASEOUS FUEL APPLICATIONS PRIVATE LIMITEDCommon Control	Any other transactionRent and electricity	1.07	0.59	0.00	0.13
Shigan Quantum Technologies Limited and SHIGAN NEXGEN TECHNOLOGIES PRIVATE LIMITEDCommon Control	Any other transactionPayment of Consultancy Fees	7.00	0.50	0.06	0.08
Shigan Quantum Technologies Limited and Shigan Electronics Private LimitedCommon Control	Any other transactionPayment of Rent	1.00	0.39	0.00	0.00
Shigan Quantum Technologies Limited and SHIHSIR AGRAWALDirector (Promoter)	Remuneration	0.84	0.37	0.00	0.00
Shigan Quantum Technologies Limited and GAGAN AGRAWALDirector (Promoter)	Remuneration	0.84	0.37	0.00	0.00
Shigan Electronics Private Limited and GAGAN AGRAWALCommon Control	Any other transactionConsultancy	0.60	0.30	0.00	0.00
Shigan Electronics Private Limited and SHIHSIR AGRAWALCommon Control	Any other transactionConsultancy	0.60	0.30	0.00	0.00
Shigan Quantum Technologies Limited and E MOBILITY EXIM PTE LTDCommon Control	Any other transactionRoyalty & Consultancy Fees	5.00	0.28	0.00	0.00
Shigan Electronics Private Limited and Shigan Quantum Technologies LimitedCommon Control	Any other transactionRent	1.00	0.20	0.02	2.04
Shigan Quantum Technologies Limited and SHIGAN TELEMATICS PRIVATE LIMITEDCommon Control	Sale of goods or services	2.00	0.18	1.43	1.10
Shigan Electronics Private Limited and SHIGAN TELEMATICS PRIVATE LIMITEDCommon Control	Any other transactionJob Work Sale	0.13	0.13	0.00	0.15
Shigan Electronics Private Limited and SA FAMILY TRUSTCommon Control	Any other transactionRoyalty Fees	0.12	0.12	₹21,000	0.06

The 25 largest of 32 dealings in the half-year to Mar 2026, ₹ crore.

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

None open at any quarter's end.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026. 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	Spent elsewhere, amount	Reason and comments
Preferential IssuesSep 2023	25.44	Automation of Assembly Lines & Technology Acquisition	8.44	5.71	Yes	12.00	The members of the Company at the Annual General Meeting held on 26th September, 2025 approved the modification in the manner of utilization or implementation of the proceeds of the aforesaid preferential issue of warrants convertible into equity shares, whereby the proceeds were permitted to be utilized through investment in the equity share capital of Shigan Electronics Private Limited, a wholly owned subsidiary of the Company, for pursuing the same objects as disclosed in the offer document. Accordingly, the Company invested an amount of 1200 lakhs in the equity share capital of Shigan Electronics Private LimitedMoreLess Audit committee: Reviewed and taken on record
Preferential IssuesSep 2023	25.44	Debt Repayment	5.00	5.00	Yes		The members of the Company at the Annual General Meeting held on 26th September, 2025 approved the modification in the manner of utilization or implementation of the proceeds of the aforesaid preferential issue of warrants convertible into equity shares, whereby the proceeds were permitted to be utilized through investment in the equity share capital of Shigan Electronics Private Limited, a wholly owned subsidiary of the Company, for pursuing the same objects as disclosed in the offer document. Accordingly, the Company invested an amount of 1200 lakhs in the equity share capital of Shigan Electronics Private LimitedMoreLess Audit committee: Reviewed and taken on record
Preferential IssuesSep 2023	25.44	Automation of Assembly Lines & Technology Acquisition	12.00	1.91	Yes		The members of the Company at the Annual General Meeting held on 26th September, 2025 approved the modification in the manner of utilization or implementation of the proceeds of the aforesaid preferential issue of warrants convertible into equity shares, whereby the proceeds were permitted to be utilized through investment in the equity share capital of Shigan Electronics Private Limited, a wholly owned subsidiary of the Company, for pursuing the same objects as disclosed in the offer document. Accordingly, the Company invested an amount of 1200 lakhs in the equity share capital of Shigan Electronics Private LimitedMoreLess Audit committee: Reviewed and taken on record

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.