Saraswati Saree Depot CEO, MD, chairman, board of directors and AGM
NSE: SSDLBSE: 544230Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹59.85.
- 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.
- ₹233 Cr2,258th 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 9 Sep 2026
- 9.8
- 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 29 May 2026
- 1.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 5.10%
- 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 average of the latest balance sheet and the one a year before it. The filing of 9 Sep 2026
- 12.7%
- 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 9 Sep 2026
- 13.3%
- 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 29 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 77,09935.6% delivered
Saraswati Saree Depot 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
- Managing director and CEOVINOD SHEVAKRAM DULHANI
- ChairpersonRAJESH SUJANDAS DULHANI
- Company Secretary and Compliance OfficerVidhi Bharat Oswal
6 directors3 independent3 executive
- VINOD SHEVAKRAM DULHANI · Managing director and CEOExecutive · joined Mar 2021 · reappointed Apr 2023 · 1 listed board · 1 committee seat
- MAHESH SAJANDAS DULHANIExecutive · joined Mar 2021 · reappointed Apr 2023 · 1 listed board
- RAJESH SUJANDAS DULHANI · ChairpersonExecutive · joined Mar 2021 · reappointed Sep 2026 · 1 listed board · 2 committee seats
- YATIRAJ SHIVPRATAP MARDAIndependent · joined Jun 2023 · reappointed Jun 2026 · 39 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- AMAR SAMPATRAO THORATIndependent · joined Aug 2023 · reappointed Aug 2026 · 37 months as independent · 1 listed board · 1 as independent · 1 committee seat
- PALLAVI ASHISH KORGAONKARIndependent · joined Sep 2024 · reappointed Sep 2025 · 24 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.
2 directors who left
- MANIK LAL KARMAKAR, left 19 Jun 2026: Tenure Completion
- SHANKAR LAXMANDAS DULHANI, left 5 Jun 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20266 of 6 present3 independent · 66 days in between
- 8 Jun 20267 of 7 present4 independent · 9 days in between
- 29 May 20267 of 8 present3 independent
Audit Committee
Chair YATIRAJ SHIVPRATAP MARDA
AMAR SAMPATRAO THORAT, RAJESH SUJANDAS DULHANI
- 14 Aug 20263 of 3 present2 independent · 66 days in between
- 8 Jun 20262 of 2 present2 independent · 9 days in between
- 29 May 20263 of 3 present2 independent · 13 days in between
- 15 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair AMAR SAMPATRAO THORAT
YATIRAJ SHIVPRATAP MARDA, PALLAVI ASHISH KORGAONKAR
- 8 Jun 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair PALLAVI ASHISH KORGAONKAR
VINOD SHEVAKRAM DULHANI, RAJESH SUJANDAS DULHANI
- 14 Aug 20263 of 3 present1 independent · 76 days in between
Corporate Social Responsibility Committee
Chair RAJESH SUJANDAS DULHANI
VINOD SHEVAKRAM DULHANI, YATIRAJ SHIVPRATAP MARDA
- 29 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.
- SANJAY VAHANBATTE & CoPeer-review certificate valid to May 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.
Saraswati Saree Depot 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.Saraswati Saree Depot dividend history
Annual general meeting, 18 Sep 2026
41,613 shareholders on the register on 10 Sep 2026; present: 14 promoters and 21 others; votes counted by Devendra V Deshpande / DVD & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended 31st March, 2026 along with Reports of Directors' and Auditors' thereon.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 13.77%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.16%
- To appoint a director in place of Mr. Mahesh Sajandas Dulhani (DIN: 01810089) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.40%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.16%
- To Consider and appoint PPC & Co, Chartered Accountants as the Statutory Auditors of the Company for 5 years.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.40%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.16%
- Re-appointment of Mr. Yatiraj Shivpratap Marda (DIN: 10174363) as a Non-Executive & Independent Director of the Company for 5 yearsSpecial99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 14.48%
Turnout: all 23.19% · promoters 100.00% · institutions 0.00% · other public 0.16%
- Re-appointment of Mr. Amar Thorat (DIN: 02223782) as a Non-Executive & Independent Director of the Company for 5 yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.48%
Turnout: all 75.02% · promoters 100.00% · institutions 0.00% · other public 0.16%
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, 1 Jan 2026, 1 resolution
45,939 shareholders on the register on 28 Nov 2025; votes counted by Devendra V. Deshpande / DVD & Associates.The company's voting result (opens in a new tab)
- Alteration of Object clause of the Memorandum of AssociationSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 27.84%
Turnout: all 58.06% · promoters 77.28% · institutions 0.00% · other public 0.46%
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, 25 Sep 2025, 4 resolutions
47,550 shareholders on the register on 18 Sep 2025; present: 16 promoters and 18 others; votes counted by Devendra Vasant Deshpande / DVD & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with Report of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.80%
Turnout: all 75.04% · promoters 100.00% · institutions 19.24% · other public 0.11%
- To appoint a director in place of Mr. Shankar Laxmandas Dulhani (DIN: 01810022) 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 0.82%
Turnout: all 75.04% · promoters 100.00% · institutions 19.24% · other public 0.11%
- To approve the re-appointment of Mrs. Pallavi Korgaonkar (DIN: 08652086) as an Independent Director of the Company for 3 yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.25%
Turnout: all 75.04% · promoters 100.00% · institutions 19.24% · other public 0.11%
- To approve the appointment of Ms. Neha Avinash Marathe as Secretarial Auditor of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.82%
Turnout: all 75.04% · promoters 100.00% · institutions 19.24% · other public 0.11%
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 Dec 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mrs. Pallavi Korgaonkar (DIN: 08652086) as an Independent Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 44.98%
Turnout: all 55.30% · promoters 73.98% · institutions 0.00% · other public 0.02%
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
- No
- 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
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.