Shringar House of Mangalsutra CEO, MD, chairman, board of directors and AGM
NSE: SHRINGARMSBSE: 544512Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹297.99.
- Under NSE's short-term additional surveillance, stage I, 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.
- ₹2,725 Cr1,142nd 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. The filing of 12 Aug 2026
- 22.5
- 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 26 May 2026
- 4.0
- 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 latest balance sheet's; the one a year before is not on record. The filing of 12 Aug 2026
- 17.9%
- 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 12 Aug 2026
- 18.9%
- 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 26 May 2026
- 0.26
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 8,41,65131.8% delivered
Shringar House of Mangalsutra board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorChetan N Thadeshwar
- Chief executiveViraj C Thadeshwar
- Company Secretary and Compliance OfficerRachit Sinha
8 directors4 independent3 executive1 non-executive
- Chetan N Thadeshwar · Chairperson and managing directorExecutive · joined Jan 2009 · reappointed Nov 2024 · 1 listed board · 1 committee seat
- Viraj C Thadeshwar · Chief executiveExecutive · joined Feb 2009 · reappointed Nov 2024 · 1 listed board
- Balraj C ThadeshwarExecutive · joined Jun 2019 · reappointed Nov 2024 · 1 listed board · 1 committee seat
- Mamta C ThadeshwarNon-executive · joined Nov 2024 · reappointed Nov 2024 · 1 listed board
- RadhamanalanIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Nitesh Mahendra KothariIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Anilkumar Mohanraj MarlechaIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
- Ruchika AgarwalIndependent · joined Dec 2024 · reappointed Dec 2024 · 21 months 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Aug 20267 of 8 present4 independent · 12 days in between
- 12 Aug 20267 of 8 present3 independent · 53 days in between
- 19 Jun 20267 of 8 present3 independent · 23 days in between
- 26 May 20268 of 8 present4 independent · 19 days in between
1 earlier meeting
- 6 May 20267 of 8 present3 independent
Audit Committee
Chair Nitesh Mahendra Kothari
Anilkumar Mohanraj Marlecha, Chetan N Thadeshwar
- 25 Aug 20263 of 3 present2 independent · 12 days in between
- 12 Aug 20263 of 3 present2 independent · 53 days in between
- 19 Jun 20263 of 3 present2 independent · 23 days in between
- 26 May 20263 of 3 present2 independent · 19 days in between
1 earlier meeting
- 6 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Radhamanalan
Nitesh Mahendra Kothari, Mamta C Thadeshwar
- 25 Aug 20263 of 3 present2 independent · 90 days in between
- 26 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Ruchika Agarwal
Radhamanalan, Balraj C Thadeshwar
- 26 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Chetan N Thadeshwar
Viraj C Thadeshwar, Ruchika Agarwal
- 25 Aug 20263 of 3 present1 independent · 90 days in between
- 26 May 20263 of 3 present1 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 Jun 2026.
- TR Chadha & Co LLPPeer-review certificate valid to Sep 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.
Shringar House of Mangalsutra 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.Shringar House of Mangalsutra share news and announcements
Annual general meeting, 28 Sep 2026
25,949 shareholders on the register on 21 Sep 2026; present: 12 promoters and 64 others; votes counted by Mr. Tanuj Vohra / TVA & CO. LLP.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 MARCH 31, 2026 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTOR AND AUDITORS THEREONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 75.18% · promoters 100.00% · institutions 5.91% · other public 0.31%
- TO APPOINT MR. VIRAJ CHETAN THADESHWAR (DIN:02240217) WHO RETIRES BY ROTATION, AS A DIRECTOR AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 75.18% · promoters 100.00% · institutions 5.91% · other public 0.31%
- TO INCREASE BORROWINGS LIMITS PURSUANT TO SECTION 180 (1) (C) OF THE COMPANIES ACT, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.01%
Turnout: all 75.18% · promoters 100.00% · institutions 5.91% · other public 0.31%
- APPROVAL FOR INCREASE IN PAYMENT OF REMUNERATION TO MR. CHETAN NATVARLAL THADESHWAR (DIN: 02215281), AS THE CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY FROM APRIL 1, 2026 TO NOVEMBER 21, 2027OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.59%
Turnout: all 75.08% · promoters 100.00% · institutions 4.10% · other public 0.31%
- APPROVAL FOR INCREASE IN PAYMENT OF REMUNERATION TO MR. VIRAJ CHETAN THADESHWAR (DIN : 02240217), AS THE EXECUTIVE DIRECTOR OF THE COMPANY FROM APRIL 1, 2026 TO NOVEMBER 21, 2027OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 7.31%
Turnout: all 75.08% · promoters 100.00% · institutions 4.10% · other public 0.31%
- APPROVAL FOR INCREASE IN PAYMENT OF REMUNERATION TO MR. BALRAJ CHETAN THADESHWAR (DIN: 08469744), AS THE WHOLE-TIME DIRECTOR OF THE COMPANY FROM APRIL 1, 2026 TO NOVEMBER 21, 2027.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.59%
Turnout: all 75.08% · promoters 100.00% · institutions 4.10% · other public 0.31%
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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesSep 2025, checked by CRISIL Ratings Limited | 400.92 | Funding of Working Capital requirement of the Company | 280.00 | 280.00 | No |
| Public IssuesSep 2025, checked by CRISIL Ratings Limited | 400.92 | General Corporate Purpose | 81.36 | 81.36 | No |
| Public IssuesSep 2025, checked by CRISIL Ratings Limited | 400.92 | Issue Expense | 39.56 | 38.85 | No |