Shish Industries MD, chairman, board of directors and AGM
BSE: 540693Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹10.96.
- 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.
- ₹453 Cr1,809th 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 May 2026
- 2.4
- 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 13 Aug 2026
- 1.2%
- 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 May 2026
- 0.26
- Volume, BSEVolume. Shares traded on the last trading day.
- 4,23,697
Shish Industries 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 directorSATISHKUMAR DAYABHAI MANIYA
- Company Secretary and Compliance OfficerSuman Mohanlal Jat
6 directors3 independent2 executive1 non-executive
- SATISHKUMAR DAYABHAI MANIYA · Chairperson and managing directorExecutive · joined May 2017 · reappointed Apr 2022 · 1 listed board · 2 committee seats
- RAMESHBHAI VIRJIBHAI KAKADIYANon-executive · joined May 2017 · reappointed Mar 2025 · 1 listed board · 1 committee seat
- NITABEN SATISHKUMAR MANIYAExecutive · joined May 2017 · reappointed Apr 2023 · 1 listed board
- RAJESH KALUBHAI MEPANIIndependent · joined Jun 2017 · reappointed Jun 2022 · 108 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 3 as chair
- NARESHKUMAR PARSHOTTAMBHAI LAKHANIIndependent · joined Jan 2021 · reappointed Jan 2026 · 65 months as independent · 1 listed board · 1 as independent · 4 committee seats, 2 as chair
- SHITAL TAMAKUWALAIndependent · joined Mar 2025 · reappointed Mar 2025 · 15 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
- RASIK GOVINDBHAI BHARODIA, left 25 Mar 2025: Others
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 · 14 days in between
- 14 May 20266 of 6 present3 independent · 69 days in between
- 5 Mar 20266 of 6 present3 independent · 6 days in between
- 26 Feb 20266 of 6 present3 independent · 13 days in between
3 earlier meetings
- 12 Feb 20266 of 6 present3 independent · 12 days in between
- 30 Jan 20265 of 6 present3 independent · 23 days in between
- 6 Jan 20266 of 6 present3 independent
Audit Committee
Chair RAJESH KALUBHAI MEPANI
NARESHKUMAR PARSHOTTAMBHAI LAKHANI, SATISHKUMAR DAYABHAI MANIYA
- 29 May 20263 of 3 present2 independent · 14 days in between
- 14 May 20263 of 3 present2 independent · 69 days in between
- 5 Mar 20263 of 3 present2 independent · 20 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair RAJESH KALUBHAI MEPANI
NARESHKUMAR PARSHOTTAMBHAI LAKHANI, SHITAL TAMAKUWALA
- 5 Mar 20263 of 3 present3 independent · 57 days in between
- 6 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair RAJESH KALUBHAI MEPANI
SATISHKUMAR DAYABHAI MANIYA, SHITAL TAMAKUWALA
- 14 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair SATISHKUMAR DAYABHAI MANIYA
RAJESH KALUBHAI MEPANI, NARESHKUMAR PARSHOTTAMBHAI LAKHANI
- 5 Mar 20263 of 3 present2 independent
Independent Director Committee
Chair RAJESH KALUBHAI MEPANI
NARESHKUMAR PARSHOTTAMBHAI LAKHANI, SHITAL TAMAKUWALA
No meeting listed in the filing.
Independent Director committee meeting
- 5 Mar 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.
- K P C M & Co.Peer-review certificate valid to Jul 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.
Shish Industries 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.Shish Industries share news and announcements
Annual general meeting, 30 Sep 2026
28,934 shareholders on the register on 23 Sep 2026; present: 3 promoters and 38 others; votes counted by Anand Lavingia / Prasad and Partners LLP (Formerly known as Alap & CO. LLP).The company's voting result (opens in a new tab)
to consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended March 31 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31 2026 and the report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 55.14% · promoters 99.41% · institutions 0.00% · other public 1.49%
- to appoint a Director in place of Mr. Satishkumar Dayabhai Maniya (DIN 02529191) who retires by rotation and being eligible seeks re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 55.14% · promoters 99.41% · institutions 0.00% · other public 1.49%
to ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2026-27 pursuant to Section 148 and all other applicable provisions of Companies Act 2013MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 55.14% · promoters 99.41% · institutions 0.00% · other public 1.49%
- to Alter the Articles of Association of the Company by Insertion of New Article 209 relating to "Marking of Specified Securities as Non-Transferable pursuant to Applicable Laws".Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 55.14% · promoters 99.41% · institutions 0.00% · other public 1.49%
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.
How money raised was used
Reported for the quarter to Jun 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 |
|---|---|---|---|---|---|
| Preferential IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 72.34 | Investment in Interstar Polyfab Private Limited | 8.00 | 3.59 | No |
| Preferential IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 72.34 | Investment in Shish Advanced Composites Private Limited | 18.00 | 2.48 | No |
| Preferential IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 72.34 | Investment in other Entity(ies) | 13.00 | 13.00 | No |
| Preferential IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 72.34 | Capital Expenditure | 16.00 | 1.91 | No |
| Preferential IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 72.34 | Working Capital Requirements | 56.00 | 23.31 | No |
| Preferential IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 72.34 | General Corporate Purposes | 34.37 | 25.00 | No |