Shriram Properties logo

Shriram Properties MD, chairman, board of directors and AGM

NSE: SHRIRAMPPSBSE: 543419RealtySmall Cap

Last close ₹62.46down ₹2.67 (4.10%)BSE ₹62.61

Share price at the NSE close on 23 Oct 2026. Previous close ₹65.13.

52-week range of traded prices to 23 Oct 2026
₹60.57Low, 30 Mar 2026₹99.44High, 4 Nov 2025
Market cap
₹1,066 Cr1,327th largest listed
P/E
11.7
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
6.5%
ROCE
2.4%
Debt to equity
0.42
Volume, NSE
5,34,62448.0% delivered

Shriram Properties 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

  • Chairperson and managing directorMURALI MALAYAPPANRelated to the promoter
  • Company Secretary and Compliance OfficerK. Ramaswamy

6 directors4 independent1 executive1 non-executive

  • MURALI MALAYAPPAN · Chairperson and managing directorExecutive · joined Mar 2003 · reappointed Sep 2024 · 1 listed board
  • ASHISH PRADEEP DEORANon-executive · joined Aug 2023 · reappointed Sep 2023 · 2 listed boards · 1 committee seat
  • THAI SALAS VIJAYANIndependent · joined Nov 2018 · reappointed Nov 2021 · 94 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • KULUMANI GOPALRATNAM KRISHNAMURTHYIndependent · joined Nov 2018 · reappointed Nov 2021 · 94 months as independent · 4 listed boards · 4 as independent · 9 committee seats, 4 as chair
  • VAIDYANATHAN RAMAMURTHYIndependent · joined Dec 2018 · reappointed Dec 2021 · 93 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 3 as chair
  • ANITA KAPURIndependent · joined Nov 2018 · reappointed Nov 2021 · 94 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 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

    • 12 Aug 20266 of 6 present4 independent · 19 days in between
    • 23 Jul 20265 of 6 present3 independent · 58 days in between
    • 25 May 20265 of 6 present4 independent · 39 days in between
    • 15 Apr 20266 of 6 present4 independent
  • Audit Committee

    Chair THAI SALAS VIJAYAN

    ANITA KAPUR, VAIDYANATHAN RAMAMURTHY, KULUMANI GOPALRATNAM KRISHNAMURTHY

    • 12 Aug 20264 of 4 present4 independent · 19 days in between
    • 23 Jul 20263 of 4 present3 independent · 58 days in between
    • 25 May 20264 of 4 present4 independent
  • Nomination and remuneration committee

    Chair VAIDYANATHAN RAMAMURTHY

    KULUMANI GOPALRATNAM KRISHNAMURTHY, THAI SALAS VIJAYAN

    • 12 Aug 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair KULUMANI GOPALRATNAM KRISHNAMURTHY

    THAI SALAS VIJAYAN, ASHISH PRADEEP DEORA

    No meeting listed in the filing.

  • Risk Management Committee

    Chair VAIDYANATHAN RAMAMURTHY

    MURALI MALAYAPPAN, THAI SALAS VIJAYAN

    • 30 Jun 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair ANITA KAPUR

    MURALI MALAYAPPAN, VAIDYANATHAN RAMAMURTHY

    No meeting listed in the filing.

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.

  • Walker Chandiok & Co LLPPeer-review certificate valid to May 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.

Shriram Properties 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.Shriram Properties share news and announcements

Annual general meeting, 26 Sep 2026

86,261 shareholders on the register on 21 Sep 2026; present: 1 promoter and 73 others; votes counted by P. Sriram / SPNP & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Annual Financial Statements together with the report of Board of Directors and Auditors thereon for the year ended March 31, 2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 51.78% · promoters 99.49% · institutions 72.53% · other public 28.63%

  2. To appoint a director in the place of Mr. Ashish Pradeep Deora (DIN: 00409254), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 51.78% · promoters 99.49% · institutions 72.53% · other public 28.63%

  3. To consider and approve the appointment of M/s. Abarna & Ananthan, Chartered Accountants (FRN: 000003S) as Statutory Auditors of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 51.78% · promoters 99.49% · institutions 72.53% · other public 28.63%

  4. To consider and ratify the remuneration payable to the Cost Auditors
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 51.78% · promoters 99.49% · institutions 72.53% · other public 28.63%

  5. To approve the remuneration/commission payable to the Non-Executive Directors
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 51.78% · promoters 99.49% · institutions 72.53% · other public 28.63%

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.

Postal ballot, 11 Jul 2026, 1 resolution

86,424 shareholders on the register on 5 Jun 2026; votes counted by P. Sriram / SPNP & Associates.The company's voting result (opens in a new tab)

  1. Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company and between subsidiaries and Joint ventures where holding company is not a party to the transaction listed in Annexure-I to the explanatory statement during the financial year 2026-2027 (“2026-27”)MoreLess
    OrdinaryPromoters have an interest in it
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.70%

    Turnout: all 7.15% · promoters 0.00% · institutions 27.64% · other public 7.72%

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, 26 Sep 2025, 10 resolutions

90,032 shareholders on the register on 19 Sep 2025; present: 1 promoter and 76 others; votes counted by P. Sriram / SPNP & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Annual Financial Statements together with the report of Board of Directors and Auditors thereon for the year ended March 31, 2025
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  2. To appoint a director in the place of Mr. Ashish Pradeep Deora (DIN: 00409254) who retires by rotation and being eligible, offer himself for re-appointment
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  3. To consider and ratify the remuneration payable to the Cost Auditors
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  4. To approve the remuneration/commission payable to the Non-Executive Directors
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  5. To approve the appointment of SPNP & Associates as Secretarial Auditors
    Ordinary
    99.99% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  6. To approve the appointment of Mr. Akshay Murali to the office or place of profit
    OrdinaryPromoters have an interest in it
    88.28% for11.72% against

    Against: promoters 0.00% · institutions 77.84% · other public 0.07%

    Turnout: all 22.47% · promoters 0.51% · institutions 76.14% · other public 28.04%

  7. To approve the ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)
    Special
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 14.79% · other public 0.06%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  8. To approve the grant of employee stock options to the eligible employees of the Subsidiary Company(ies) of the Company under ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)MoreLess
    Special
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 14.79% · other public 0.06%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  9. To approve the creation of provision of money by the Company for purchase of its own shares by the trust under the ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)
    Special
    98.98% for1.02% against

    Against: promoters 0.00% · institutions 14.79% · other public 0.07%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.04%

  10. To approve secondary acquisition of shares through trust route for the implementation of ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)
    Special
    98.98% for1.02% against

    Against: promoters 0.00% · institutions 14.79% · other public 0.07%

    Turnout: all 50.27% · promoters 100.00% · institutions 76.14% · other public 28.03%

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.

Postal ballot, 3 Jul 2025, 1 resolution

92,185 shareholders on the register on 30 May 2025; votes counted by P. Sriram / SPNP & Associates.The company's voting result (opens in a new tab)

  1. Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company and between subsidiaries and Joint ventures where holding company is not a party to the transaction listed in Annexure-I to the explanatory statement during the financial year 2025-2026 (“2025-26”)MoreLess
    OrdinaryPromoters have an interest in it
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 6.96% · promoters 0.51% · institutions 43.99% · other public 7.39%

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: 0 promoters and 48 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Annual Financial Statements for the year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 48.83% · promoters 100.00% · institutions 41.80% · other public 28.10%

  2. To appoint a Director in the place of Mr. Ashish Pradeep Deora (DIN: 00409254) who retires by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 48.83% · promoters 100.00% · institutions 41.80% · other public 28.10%

  3. To ratify the remuneration payable to the Cost Auditors
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 48.83% · promoters 100.00% · institutions 41.80% · other public 28.10%

  4. To approve the Remuneration/Commission Payable to the Non-Executive Directors
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 48.83% · promoters 100.00% · institutions 41.80% · other public 28.10%

  5. To approve the Re-Appointment of Malayappan Murali, (DIN: 00030096) as Chairman and Managing Director of the Company for the term of 5 year (i.e., April 01, 2025- March 31, 2030) and the remuneration for the period of 3 years (i.e., April 01, 2025- March 31, 2028)MoreLess
    SpecialPromoters have an interest in it
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 14.53% · other public 0.05%

    Turnout: all 48.75% · promoters 99.71% · institutions 41.80% · other public 28.10%

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.

Postal ballot, 7 Jul 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company and between subsidiaries and Joint ventures where the holding company is not a party to the transaction listed in Annexure-I to the explanatory statement during the financial year 2024-2025 (“2024-25”)MoreLess
    OrdinaryPromoters have an interest in it
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 5.80% · promoters 0.00% · institutions 23.67% · other public 7.21%

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 2023, 5 resolutions

Present: 0 promoters and 95 others.The company's voting result (opens in a new tab)

  1. To approve and adopt the Audited Annual Financial Statements for the year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.13% · promoters 99.71% · institutions 72.17% · other public 36.61%

  2. To appoint a Director in the place of Mr. Malayappan Murali, (DIN 00030096) who retires by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.13% · promoters 99.71% · institutions 72.17% · other public 36.61%

  3. To ratify the remuneration payable to the Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.13% · promoters 99.71% · institutions 72.17% · other public 36.61%

  4. To approve the remuneration/commission payable to the Independent Directors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 61.13% · promoters 99.71% · institutions 72.17% · other public 36.61%

  5. To approve the appointment of Mr. Ashish Pradeep Deora (DIN 00409254) as a Non-Executive Non-Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.13% · promoters 99.71% · institutions 72.17% · other public 36.61%

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.

Postal ballot, 13 Jul 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company listed in Annexure-I to the explanatory statement during the financial year 2023-2024 (“2023-24”)MoreLess
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.65%

    Turnout: all 25.89% · promoters 0.00% · institutions 82.52% · other public 0.62%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 26 Sep 2025, 2 fund houses

  • To receive, consider and adopt the Audited Annual Financial Statements together with the report of Board of Directors and Auditors thereon for the year ended March 31, 2025
    2 for0 against
  • To appoint a director in the place of Mr. Ashish Pradeep Deora (DIN: 00409254) who retires by rotation and being eligible, offer himself for re-appointment
    2 for0 against
  • To consider and ratify the remuneration payable to the Cost Auditors
    2 for0 against
  • To approve the remuneration/commission payable to the Non-Executive Directors
    2 for0 against
  • To approve the appointment of SPNP & Associates as Secretarial Auditors
    2 for0 against
  • To approve the appointment of Mr. Akshay Murali to the office or place of profit
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern on merit or proposed remuneration. Non-Compliant with Section 188(1) of Companies Act, 2013 read with Rule 15(3)(b) of the Companies (Meetings of Board and its Powers) Rules, 2014: Prior approval of shareholders not sought.
    1 for1 against
  • To approve the ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)
    2 for0 against
  • To approve the grant of employee stock options to the eligible employees of the Subsidiary Company(ies) of the Company under ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)MoreLess
    2 for0 against
  • To approve the creation of provision of money by the Company for purchase of its own shares by the trust under the ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)
    2 for0 against
  • To approve secondary acquisition of shares through trust route for the implementation of ‘Shriram Properties Employee Stock Option Scheme 2025’ (“ESOS 2025”/ “Scheme”)
    2 for0 against

Mutual fund votes, meeting of 3 Jul 2025, 1 fund house

  • Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company and between subsidiaries and Joint ventures where holding company is not a party to the transaction listed in Annexure-I to the explanatory statement during the financial year 2025-2026 (“2025-26”)MoreLess
    1 for0 against
4 earlier meetings

Mutual fund votes, meeting of 30 Sep 2024, 1 fund house

  • To receive, consider and adopt the Audited Annual Financial Statements for the year ended March 31, 2024
    1 for0 against
  • To appoint a Director in the place of Mr. Ashish Pradeep Deora (DIN: 00409254) who retires by rotation
    1 for0 against
  • To ratify the remuneration payable to the Cost Auditors
    1 for0 against
  • To approve the Remuneration/Commission Payable to the Non-Executive Directors
    1 for0 against
  • To approve the Re-Appointment of Malayappan Murali, (DIN: 00030096) as Chairman and Managing Director of the Company for the term of 5 year (i.e., April 01, 2025- March 31, 2030) and the remuneration for the period of 3 years (i.e., April 01, 2025- March 31, 2028)MoreLess
    1 for0 against

Mutual fund votes, meeting of 7 Jul 2024, 1 fund house

  • Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company and between subsidiaries and Joint ventures where the holding company is not a party to the transaction listed in Annexure-I to the explanatory statement during the financial year 2024-2025 (“2024-25”)MoreLess
    1 for0 against

Mutual fund votes, meeting of 30 Sep 2023, 3 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To approve and adopt the Audited Annual Financial Statements for the year ended March 31, 2023
    3 for0 against
  • To appoint a Director in the place of Mr. Malayappan Murali, (DIN 00030096) who retires by rotation.
    3 for0 against
  • To ratify the remuneration payable to the Cost Auditors.
    1 for0 against
  • To approve the remuneration/commission payable to the Independent Directors.
    3 for0 against
  • To approve the appointment of Mr. Ashish Pradeep Deora (DIN 00409254) as a Non-Executive Non-Independent Director of the Company.
    3 for0 against
1 proposal not matched to one resolution
  • Ratification of remuneration of Rs 0.30 million plus reimbursement of out of- pocket expenses and taxes in connection with the cost audit as may be applicable from time to time to M/s. SBK & Associates, Cost Accountants (Registration No: 000342), the Cost Auditors of the Company for the financial year 2023-2024.MoreLess
    2 for0 against

Mutual fund votes, meeting of 13 Jul 2023, 3 fund houses

  • Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company listed in Annexure-I to the explanatory statement during the financial year 2023-2024 (“2023-24”)MoreLess
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake boughtShrivision Towers Private LimitedSince 30 Sep 2026

    49.00% bought in the quarter; holding 99.00%, from 50.00%

  • Unlisted stake boughtSPL Towers Private LimitedSince 30 Sep 2026

    49.00% bought in the quarter; holding 100.00%, from 51.00%

  • Unlisted stake boughtShriprop Living Space Private LimitedSince 30 Sep 2026

    49.00% bought in the quarter; holding 100.00%, from 51.00%

  • Unlisted stake boughtShriprop Hitech City Private LimitedSince 30 Sep 2026

    50.00% bought in the quarter; holding 100.00%, from 50.00%

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 board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
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.