SPEL Semiconductor MD, chairman, board of directors and AGM
NSE: SPELSBSE: 517166Electrical EquipmentSmall Cap
Share price at the NSE close on 19 Oct 2026. Previous close ₹112.72.
- 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.
- ₹494 Cr1,691st 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.
- Lossover the last 12 months
- 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 20 May 2026
- 162.2
- 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.
- Assets held for saleon the latest balance sheet
- 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.
- Assets held for saleon the latest balance sheet
- 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.
- Assets held for saleon the latest balance sheet
- Volume, NSEVolume. Shares traded on the last trading day.
- 11,676
SPEL Semiconductor 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
6 directors3 independent1 executive2 non-executive
- SWAMINATHAN CHANDRAMOHANIndependent · joined Feb 2019 · reappointed May 2024 · 88 months as independent · 1 listed board · 1 as independent · 1 committee seat
- PALANICHAMY BALAMURUGANExecutive · joined Feb 2023 · 1 listed board
- NAKKEERAN EKAMBARAMNon-executive · joined Jul 2023 · 1 listed board · 1 committee seat, 1 as chair
- RAMANUJAM VENKATESHIndependent · joined May 2024 · reappointed Jun 2024 · 25 months as independent · 1 listed board · 1 as independent · 3 committee seats, 1 as chair
- VENKATASUBRAMANIAN V MEENAKSHINon-executive · joined Jun 2024 · 1 listed board · 1 committee seat
- GOVINDAN NAGARAJANIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent · 2 committee seats
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
- ENAKSHI BHATTACHARYA, left 13 Aug 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 May 20266 of 6 present3 independent · 33 days in between
- 15 Apr 20265 of 6 present2 independent · 90 days in between
- 14 Jan 20266 of 6 present3 independent
Audit Committee
Chair RAMANUJAM VENKATESH
SWAMINATHAN CHANDRAMOHAN, GOVINDAN NAGARAJAN
- 19 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair SWAMINATHAN CHANDRAMOHAN
GOVINDAN NAGARAJAN, VENKATASUBRAMANIAN V MEENAKSHI
- 19 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair NAKKEERAN EKAMBARAM
VENKATASUBRAMANIAN V MEENAKSHI, GOVINDAN NAGARAJAN
- 19 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 Mar 2026.
- Venkatesh & CoPeer-review certificate valid to Nov 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.
SPEL Semiconductor 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.SPEL Semiconductor share news and announcements
Annual general meeting, 14 Sep 2026
1,12,193 shareholders on the register on 7 Sep 2026; present: 4 promoters and 26 others; votes counted by N. RAMANATHAN / S. DHANAPAL & ASSOCIATES LLP.The company's voting result (opens in a new tab)
- Adoption of Audited Financial StatementsOrdinary98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 95.85%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- To appoint a Director in the place of Dr. Venkatasubramanian V Meenakshi (DIN:10680038) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary98.04% for1.96% against
Against: promoters 0.00% · institutions 0.00% · other public 96.79%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- Approval to Sell, Lease or otherwise dispose of whole or substantially the whole of the undertaking(s) of the CompanySpecial98.04% for1.96% against
Against: promoters 0.00% · institutions 0.00% · other public 96.77%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- To Approve the Increase in the Authorized Share Capital of the Company and to amend Clause V (Capital Clause) of the Memorandum of Association of the CompanyOrdinary98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 95.86%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- Issue of Equity Shares of the Company on Rights BasisSpecial98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 95.87%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- Borrowing Powers of the Board:Special98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 95.88%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- Creation of Charges /Mortgage Properties of the Company under Section 180(1)(a) of the Companies act 2013Special98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 96.64%
Turnout: all 60.38% · promoters 99.99% · institutions 0.00% · other public 2.97%
- Approval for Raising of Funds Up To ?500 Crores Through Permissible SecuritiesSpecial98.06% for1.94% against
Against: promoters 0.00% · institutions 0.00% · other public 95.87%
Turnout: all 60.39% · promoters 99.99% · institutions 0.00% · other public 3.00%
- Approval for Redemption of Redeemable Preference Shares aggregating to ?12,95,00,000 (Rupees Twelve Crore Ninety-Five Lakh only)OrdinaryNot passedPromoters have an interest in it3.87% for96.13% against
Against: promoters 0.00% · institutions 0.00% · other public 96.13%
Turnout: all 1.22% · promoters 0.00% · institutions 0.00% · other public 3.00%
- Approval for Redemption of Debentures aggregating to ?7,00,00,000 (Rupees Seven Crore only)OrdinaryNot passedPromoters have an interest in it3.88% for96.12% against
Against: promoters 0.00% · institutions 0.00% · other public 96.12%
Turnout: all 1.22% · promoters 0.00% · institutions 0.00% · other public 3.00%
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.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyINCOME TAX DEPARTMENT, GOISince 15 Apr 2026
Interest and penalty charges
Interest - Fine or penaltyEMPLOYEES PROVIDENT FUND ORGANISATIONSince 15 Apr 2026
Interest and penalty charges
Delay in payment of Contract labour Pension Fund - Fine or penaltyBSE LIMITEDSince 15 Apr 2026
Fines
Miscellaneous fines for delay in reporting - Tax disputeFew Old Employees of the CompanySince 15 Sep 2023Settlement of Amounts being done
- Tax disputeCOMMERCIAL TAXES DEPARTMENT GOVERNMENT OF TAMILNADUSince 26 Dec 2025Proceedings of the Assistant Commisioner (ST) MARAIMALAI NAGAR ASSESSMENT CIRCLE
- Tax disputeGST, CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSSince 18 Mar 2026GST raised demand for around 15 Lakhs brought down to Rs. 2.36 Lakhs by company through respresentations.
In the company's own words, from its latest governance filing.
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
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.