Shrenik MD, chairman, board of directors and AGM
NSE: SHRENIKPaper, Forest & Jute ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹0.20.
- 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.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- 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.
- ₹12 Cr4,003rd 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.
- Net worth zero or below
- 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 zero or below
- 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.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day.
- 4,32,857
Shrenik 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 directorSHRENIK SUDHIR VIMAWALA
5 directors2 independent3 executive
- SHRENIK SUDHIR VIMAWALA · Chairperson and managing directorExecutive · joined Dec 2012 · reappointed Apr 2017 · 162 months as independent · 1 listed board · 1 committee seat
- RISHIT SHRENIK VIMAWALAExecutive · joined Dec 2012 · reappointed Apr 2017 · 162 months as independent · 1 listed board · 2 committee seats
- KAIVAN SHRENIK VIMAWALAExecutive · joined Feb 2021 · reappointed Sep 2021 · 64 months as independent · 1 listed board
- NIRAV HARSHVADAN ZAVERIIndependent · joined Feb 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- VIREN SHANTIKAM SHAHIndependent · joined Jul 2025 · reappointed Jul 2025 · 1 month as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
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.
2 directors who left
- JALPIKA DHRUVKUMAR JOSHI, left 30 May 2026: Tenure Completion
- DEVARSH MUKTESH SHAH, left 7 Apr 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 May 20266 of 6 present3 independent · 9 days in between
- 13 May 20266 of 6 present3 independent · 70 days in between
- 3 Mar 20266 of 6 present3 independent · 20 days in between
- 10 Feb 20266 of 6 present3 independent
Audit Committee
Chair VIREN SHANTIKAM SHAH
RISHIT SHRENIK VIMAWALA, NIRAV HARSHVADAN ZAVERI
- 23 May 20263 of 3 present2 independent · 101 days in between
- 10 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair NIRAV HARSHVADAN ZAVERI
VIREN SHANTIKAM SHAH
- 10 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair NIRAV HARSHVADAN ZAVERI
SHRENIK SUDHIR VIMAWALA, RISHIT SHRENIK VIMAWALA
- 23 May 20264 of 4 present2 independent · 101 days in between
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.
- S. G. MARATHE & CO.Peer-review certificate valid to Apr 2028
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.
Shrenik 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.Shrenik dividend history
Annual general meeting, 20 Jun 2026
1,51,980 shareholders on the register on 12 Jun 2026; present: 2 promoters and 29 others; votes counted by AMRISH GANDHI / AMRISH GANDHI & ASSOCIATES.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2025 and the Reports of the Board of Directors (“the Board”) and Auditors thereon.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 13.15%
Turnout: all 24.67% · promoters 99.94% · institutions 0.00% · other public 0.21%
- Re-appointment of Mr. Rishit Shrenik Vimawala (DIN: 03474249) as a Director liable to retire by rotation.OrdinaryPromoters have an interest in it86.80% for13.20% against
Against: promoters 0.00% · institutions 0.00% · other public 13.20%
Turnout: all 0.16% · promoters 0.00% · institutions 0.00% · other public 0.21%
- Appointment of Secretarial Auditors of the Company.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 13.15%
Turnout: all 24.67% · promoters 99.94% · institutions 0.00% · other public 0.21%
- Regularization And Appointment of Mr. Viren Shantikam Shah (Din: 09058613) As A Non-Executive Independent Director.Special99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 13.26%
Turnout: all 24.67% · promoters 99.94% · institutions 0.00% · other public 0.21%
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, 5 resolutions
Present: 3 promoters and 28 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2024 together with the Reports of the Board of Directors and Auditors thereonOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 27.57% · promoters 88.94% · institutions 0.00% · other public 1.81%
- To appoint a director in place of Mr. KAIVAN SHRENIK VIMAWALA (DIN 06514171), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 27.57% · promoters 88.94% · institutions 0.00% · other public 1.81%
- Re-appointment of Mr. KAIVAN SHRENIK VIMAWALA (DIN: 06514171) as a Whole time Director of the Company and fixing his remunerationSpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 27.57% · promoters 88.94% · institutions 0.00% · other public 1.81%
- Re-appointment of Mr. Shrenikbhai Sudhirbhai Vimawala (DIN: 03474255) as the Chairman Managing Director of the Company and fixing his remunerationSpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 27.57% · promoters 88.94% · institutions 0.00% · other public 1.81%
- Re-appointment of Mr. Rishit Shrenik Vimawala (DIN: 03474249) as a Whole Time Director of the Company and fixing his remunerationSpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 27.57% · promoters 88.94% · institutions 0.00% · other public 1.81%
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, 7 May 2024, 1 resolution
Present: 3 promoters and 32 others.The company's voting result (opens in a new tab)
- Regularization of additional director, of Mr. NIRAV HARSHVADAN ZAVERI (DIN: 10500177) by appoint him as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 36.50% · promoters 100.00% · institutions 0.00% · other public 8.34%
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 28 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements of the Company for the financial year ended on March 31, 2023 together with thenReports of the Board of Directors and Auditors thereon.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 40.99% · promoters 100.00% · institutions 0.00% · other public 18.73%
- To appoint a director in place of Mr. RISHIT SHRENIK VIMAWALA (DIN 03474249), who retires by rotation and beingneligible, offers himself for re-appointment.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 40.99% · promoters 100.00% · institutions 0.00% · other public 18.73%
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 2022, 5 resolutions
Present: 2 promoters and 31 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements of the Company for the financial year ended on March 31, 2022 together with the Reports of the Board of Directors and Auditors thereon.Ordinary99.52% for0.48% against
Against: promoters 0.00% · institutions 0.00% · other public 5.90%
Turnout: all 49.35% · promoters 100.00% · institutions 0.00% · other public 7.38%
- To appoint a Director in place of Mr. Kaivan Vimawala (DIN 06514171), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.51% for0.49% against
Against: promoters 0.00% · institutions 0.00% · other public 6.00%
Turnout: all 49.35% · promoters 100.00% · institutions 0.00% · other public 7.38%
- Appointment of Mr. Kevin Maheshkumar Shah (DIN: 08144696) by appoint him as an Independent Director of the Company.Special99.51% for0.49% against
Against: promoters 0.00% · institutions 0.00% · other public 5.95%
Turnout: all 49.35% · promoters 100.00% · institutions 0.00% · other public 7.38%
- Approval for the increase in Authorized Share Capital of the Company from Rs. 65,00,00,000/- (Rupees Sixty Five Crores) to Rs. 1,85,00,00,000/- (Rupees One Hundred Eighty Five Crores only).Ordinary99.51% for0.49% against
Against: promoters 0.00% · institutions 0.00% · other public 5.98%
Turnout: all 49.35% · promoters 100.00% · institutions 0.00% · other public 7.38%
- Alteration of the Capital Clause of the Memorandum of Association of the Company.Ordinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 6.43%
Turnout: all 49.30% · promoters 100.00% · institutions 0.00% · other public 7.29%
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, 23 Sep 2021, 10 resolutions
Present: 4 promoters and 44 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements of the Company for the financial year ended on March 31, 2021 together with the Reports of the Board of Directors and Auditors thereon.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- To appoint a Director in place of Mr. Rishit Vimawala, (DIN: 03474249), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- To appoint M/s. S. G. Marathe & Co., Chartered Accountants, Ahmedabad (FRN: 123655W), as Statutory Auditor and fix their remuneration in consultation with board.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- Regularization of additional director, of Mr. Kaivan Shrenik Vimawala (DIN: 06514171) by appoint him as Whole time Director of the Company and fixing his remuneration.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- Regularization of additional director, of Mr. Monik Jayeshbhai Doshi (DIN: 09040144) by appoint him as an Independent Director of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- Regularization of additional director of Mrs. Jalpika Joshi (DIN: 09173340) by appoint her as an Independent Director of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- To Alter Object Clause of Memorandum of Association (MOA) of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- Re-appointment of Mr. Shrenikbhai Sudhirbhai Vimawala (DIN: 03474255) as the Chairman and Managing Director of the Company and fixing his remuneration.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- Re-appointment of Mr. Rishit Shrenik Vimawala (DIN: 03474249) as a Whole Time Director of the Company and fixing his remuneration.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
- Re-appointment of Mr. Devarsh Muktesh Shah (DIN: 06954437) as an Independent Director of the Company for a Second Term of Five consecutive Years.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.58% · promoters 100.00% · institutions 0.00% · other public 14.58%
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, 28 Sep 2020, 9 resolutions
Present: 5 promoters and 14 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements of the Company for the financial year ended on March 31, 2020 together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Declaration of dividend of Rs. 0.20/- per equity share, for the financial year ended March 31, 2020Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Re-appointment of Mr. Shrenik Vimawala (DIN: 03474255) as a Director of the Company who retires by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Appointment of Chi. Goswami Vishal Nathdwara (DIN:08644273) as a DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Appointment of Mr. Shalin Kusumgar (DIN:07634143) as an Independent DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 77.64% · promoters 100.00% · institutions 0.00% · other public 15.50%
- Sub - Division (Stock Split) of equity shares from the face value of Rs. 2/- (Rupees Two only) each to Re. 1/- (Rupee One only) each.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Increase in Authorized Share CapitalOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Alteration of the Capital Clause of the Memorandum of AssociationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
- Issue of Bonus Equity SharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.04% · promoters 100.00% · institutions 0.00% · other public 17.00%
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.
Annual general meeting, 19 Aug 2019, 5 resolutions
Present: 5 promoters and 12 others.The company's voting result (opens in a new tab)
1. To consider and adopt the standalone audited financial statement of the Company for the financial year ended on 31st March, 2019 and statement of Profit and Loss account together with the notes & schedules forming part thereof and Cash Flow Statement for the financial year ended on that date, and the reports of the Board of Directors (?The Board?) and Auditor thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.63% · promoters 100.00% · institutions 0.00% · other public 9.18%
- To declare a dividend of Rs. 0.20/- per Equity Share (10%) of the face value of Rs. 2/- each for the financial year ended March 31, 2019.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.63% · promoters 100.00% · institutions 0.00% · other public 9.18%
- To appoint a director in place of Mr. Kaivan Vimawala (DIN 06514171), 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 75.63% · promoters 100.00% · institutions 0.00% · other public 9.18%
- Appointment of Ms. Manali Parth Shah as the Independent Director of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.63% · promoters 100.00% · institutions 0.00% · other public 9.18%
To approve continuation of payment of remuneration to Executive Directors who are Promoters or members of the Promoter Group in excess of threshold limits as prescribed under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018. [�SEBI (LODR) (Amendment) Regulations, 2018.�]MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.63% · promoters 100.00% · institutions 0.00% · other public 9.18%
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.