Shree Ram Twistex logo

Shree Ram Twistex MD, chairman, board of directors and AGM

NSE: SRTLBSE: 544716Textiles & ApparelsSmall Cap

Last close ₹34.62down ₹1.06 (2.97%)BSE ₹34.99

Share price at the NSE close on 23 Oct 2026. Previous close ₹35.68.

Range of traded prices from listing on 2 Mar 2026 to 23 Oct 2026
₹34.36Low, 23 Oct 2026₹73.36High, 4 Mar 2026
Market cap
₹138 Cr2,456th largest listed
P/E
9.0
P/B
0.7
Dividend yield
Nonesince listing in Mar 2026
ROE
7.5%
ROCE
8.6%
Debt to equity
0.25
Volume, NSE
22,56282.6% delivered

Shree Ram Twistex 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 directorBHAVESHBHAI BHIKHUBHAI RAMANIRelated to the promoter

6 directors3 independent2 executive1 non-executive

  • JAY ATULBHAI TILALAExecutive · joined Aug 2020 · 1 listed board
  • RAMESHCHANDRA MOHANLAL HIRANINon-executive · joined Jan 2014 · 1 listed board
  • BHAVESHBHAI BHIKHUBHAI RAMANI · Chairperson and managing directorExecutive · joined Dec 2013 · 60 months as independent · 1 listed board
  • AMITA CHHAGANBHAI PRAGADAIndependent · joined Nov 2024 · reappointed Nov 2024 · 60 months as independent · 5 listed boards · 5 as independent · 4 committee seats, 5 as chair
  • BHUVNESH KUMARIndependent · joined Nov 2024 · reappointed Nov 2024 · 60 months as independent · 6 listed boards · 6 as independent · 10 committee seats, 2 as chair
  • CHIRAG KANTILAL PATELIndependent · joined Nov 2024 · reappointed Nov 2024 · 60 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 3 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

    • 19 Aug 20266 of 6 present3 independent · 6 days in between
    • 12 Aug 20266 of 6 present3 independent · 4 days in between
    • 7 Aug 20266 of 6 present3 independent · 85 days in between
    • 13 May 20266 of 6 present3 independent
    2 earlier meetings
    • 23 Apr 20266 of 6 present3 independent
    • 6 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair CHIRAG KANTILAL PATEL

    AMITA CHHAGANBHAI PRAGADA, BHUVNESH KUMAR

    • 12 Aug 20263 of 3 present3 independent · 90 days in between
    • 13 May 20263 of 3 present3 independent · 19 days in between
    • 23 Apr 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair CHIRAG KANTILAL PATEL

    BHUVNESH KUMAR, RAMESHCHANDRA MOHANLAL HIRANI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair RAMESHCHANDRA MOHANLAL HIRANI

    CHIRAG KANTILAL PATEL, BHUVNESH KUMAR

    • 18 Jul 20263 of 3 present2 independent
    • 13 Apr 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair BHAVESHBHAI BHIKHUBHAI RAMANI

    CHIRAG KANTILAL PATEL, JAY ATULBHAI TILALA

    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.

  • M/s. Doshi & Doshi & Co.Peer-review certificate valid to Jan 2029

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.

Shree Ram Twistex 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.Shree Ram Twistex share news and announcements

Annual general meeting, 24 Sep 2026

14,791 shareholders on the register on 18 Sep 2026; present: 7 promoters and 48 others; votes counted by Sonu Jain / Sonu Jain & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the Directors' Report and Auditor's Report thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.52% · promoters 100.00% · institutions 0.00% · other public 74.81%

  2. To appoint Mr. Rameshchandra Mohanlal Hirani (DIN: 06775835), who retire by rotation and being eligible, offers himself for re-appointment as Director
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.52% · promoters 100.00% · institutions 0.00% · other public 74.81%

  3. Ratification of Remuneration of Cost Auditor
    Ordinary
    99.97% for0.03% against

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

    Turnout: all 83.52% · promoters 100.00% · institutions 0.00% · other public 74.81%

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.

Postal ballot, 30 May 2026, 1 resolution

16,414 shareholders on the register on 24 Apr 2026; votes counted by SONU JAIN / SONU JAIN & CO..The company's voting result (opens in a new tab)

  1. Variation in the Objects / terms of utilisation of the Initial Public Offering (“IPO”) proceeds and modification of time limit for utilisation of the IPO proceeds.
    Special
    99.99% for0.01% against

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

    Turnout: all 83.55% · promoters 100.00% · institutions 67.94% · other public 76.87%

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

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
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 Sep 2026 says no statement of how money raised was used applies to it.

RaisedAmount raisedForSet asideSpentSpent elsewhereSpent elsewhere, amountReason and comments
Public IssuesFeb 2026, checked by Crisil Ratings Limited110.24Funding for setting upof 6.1 MW Solar PowerPlant for captive use7.357.35NoAuditors: 0
Public IssuesFeb 2026, checked by Crisil Ratings Limited110.24Funding for setting upof 4.2 MW Wind PowerPlant for captive use39.005.00No34.00Auditors: 0
Public IssuesFeb 2026, checked by Crisil Ratings Limited110.24Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company14.8914.89NoAuditors: 0
Public IssuesFeb 2026, checked by Crisil Ratings Limited110.24Funding the working capital requirements of the Company44.0044.00NoAuditors: 0
Public IssuesFeb 2026, checked by Crisil Ratings Limited110.24Issue expenses5.005.00No0.00Auditors: 0
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.