Star Delta Transformers MD, chairman, board of directors and AGM
BSE: 539255Electrical EquipmentSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹439.55.
- Under BSE's short-term additional surveillance, stage I, on the list for 22 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.
- ₹124 Cr2,553rd 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.
- Earlier quarters restated in the year
- 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 30 May 2026
- 1.3
- 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
- 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 14 Aug 2026
- 14.3%
- 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 30 May 2026
- 0.11
- Volume, BSEVolume. Shares traded on the last trading day.
- 14,874
Star Delta Transformers 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 directorKishore GuptaRelated to the promoter
6 directors3 independent3 executive
- Kishore Gupta · Chairperson and managing directorExecutive · joined Oct 1987 · reappointed Mar 2025 · 1 listed board
- Rakesh GuptaExecutive · joined Oct 1987 · reappointed Sep 2020 · 1 listed board · 2 committee seats
- Mayank GuptaExecutive · joined Apr 2020 · reappointed Sep 2020 · 1 listed board
- Shalini MathurIndependent · joined Mar 2019 · reappointed Aug 2023 · 91 months as independent · 1 listed board · 1 committee seat
- Ajay GuptaIndependent · joined Mar 2020 · reappointed Mar 2025 · 78 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Shashendra LahriIndependent · joined Aug 2023 · 37 months as independent · 1 listed board · 1 as independent · 2 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
- 25 Sep 20266 of 6 present3 independent · 9 days in between
- 15 Sep 20266 of 6 present3 independent · 31 days in between
- 14 Aug 20266 of 6 present3 independent · 75 days in between
- 30 May 20266 of 6 present3 independent
Audit Committee
Chair Ajay Gupta
Rakesh Gupta, Shashendra Lahri
- 14 Aug 20263 of 3 present2 independent · 75 days in between
- 30 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ajay Gupta
Shalini Mathur, Shashendra Lahri
- 22 Jul 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Shashendra Lahri
Rakesh Gupta, Shalini Mathur
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Kishore Gupta
Rakesh Gupta, Shalini Mathur
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.
- A.K. Khabya & Co.Peer-review certificate valid to Mar 2027
1 earlier auditor
- AK KHABYA AND CO.Named in filings from Mar 2025 to Jun 2025
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.
Star Delta Transformers 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.Star Delta Transformers dividend history
Annual general meeting, 29 Sep 2026
6,452 shareholders on the register on 22 Sep 2026; present: 9 promoters and 33 others; votes counted by CS PIYUSH BINDAL / PIYUSH BINDAL & ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial Statements of the Company for Financial Year ended March 31st, 2026 together with the Reports of Board of Directors and the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 77.86% · promoters 99.93% · institutions 0.00% · other public 21.97%
- Re-appointment of Mr. Mayank Gupta (DIN: 00244850) as a Director liable to retire by rotation, who has offered himself for re-appointmentOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 61.92% · promoters 77.69% · institutions 0.00% · other public 21.97%
- To ratify/confirm the remuneration payable to Cost Auditors for the Financial Year ending March 31st, 2027Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 77.86% · promoters 99.93% · institutions 0.00% · other public 21.97%
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, tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake heldNASince 30 Sep 2026
0.00% bought in the quarter; holding 0.00%, from 0.00%
- Fine or penaltyNASince 30 Sep 2026
NA
- Tax disputeDIRECTORATE GENERAL OF GST INTELLIGENCE BHOPAL ZONAL UNITSince 30 Apr 2024
Rejection of appeal and upholding of the impugned order passed by the GST Department by the Commissioner (Appeals) dated 30.04.2026. The Company is in the process of preferring an appeal in relation to the concerned order.MoreLess
At the filing before: SHOW CAUSE NOTICE WAS ISSUED TO THE COMPANY ON 30.04.2024 AGAINST WHICH COMPANY FILED AN APPEAL FOR WHICH HEARING DATE WAS FIXED AS 26/09/2024 . AS A RESULT OF THE HEARING , DEMAND IS PASSED AGAINST THE COMPANY DATED 13.01.2025 FOR PAYMENT OF TAX OF RS. 4,62,780 AND PENALTY OF RS. 50,000. COMPANY IS PROCEEDING TOWARDS APPEAL AGAINST THE SAID ORDER .MoreLess
- Tax disputeCGST AND CENTRAL EXCISE , BHOPAL COMMISSIONERATESince 2 Feb 2024APPEAL IS PENDING BEFORE THE HON'BLE HIGH COURT OF MADHYA PRADESH
At the filing before: A SHOWCAUSE NOTICE WAS ISSUED TO THE COMPANY ON 01.02.2024 AND ON VISIT OF CGST OFFICERS FOR INSPECTION , COMPANY DEPOSITED ITC UNDER PROTEST AND SUBMITTED THE DRC-03 DATED 01.02.2024 PAID GST TAX AMOUNT OF RS 7,63,000/- , INTEREST AMOUNT RS 7,15,000/- AND PENALTY AMOUNT RS 1,14,500/-. FURTHER SUMMON DATED 02.02.2024 WAS ISSUED AND AFTER ADJOURNMENT , SUMMON DATED 13.11.2024 WAS ISSUED TO THE COMPANY AND COMPANY APPEARED ON 28.11.2024 TO RECORD STATEMENT . LATER ON 28.01.2025 A SHOW CAUSE NOTICE WAS ISSUED TO THE COMPANY TO APPEAR WITHIN 30 DAYS TO SHOW WHY THE AMOUNT OF ITC REVERSED BY THE COMPANY "UNDER PROTEST" SHOULD NOT BE APPROPRIATED AGAINST THE SAID DEMAND OF ITC AND WHY THE INTEREST AND PENALTY SHOULD NOT BE APPROPRIATED AGAINST THE SAID DEMAND OF ITC.COMPANY WILL BE PROCEEDING TOWARDS APPEAL AGAINST THE SAID ORDER. AN APPEAL WAS MADE TO SUPERINTENDENT (ADJUDICATION), CGST AND CENTRAL EXCISE DIVISION-I, BHOPAL (M.P.) AND THE SAID AUTHORITY UPHELD THE IMPUGNED ORDER. THE COMPANY HAS OPTED TO PREFER AN APPEAL ON THE SAME.MoreLess
- Tax disputeCOMMISSIONER OF INCOME TAX OFFICE , BHOPALSince 26 Jul 2023APPEAL IS PENDINGAt the filing before: INCOME TAX AY 2021-22 DEMAND OF RS. 13,17,000/- APPEAL IS PENDING BEFORE THE AUTHORITY
- Tax disputeCOMMISSIONER OF INCOME TAX OFFICE , BHOPALSince 27 Mar 2023APPEAL IS PENDINGAt the filing before: APPEAL AGAINST CST ASSESSMENT ORDER (2012-13) FOR A DEMAND OF RS 1,83,000/- IS PENDING BEFORE THE AUTHORITY
- Tax disputeADDITIONAL CCT / APP DC BHOPAL ZONESince 28 Feb 2015APPEAL IS PENDINGAt the filing before: APPEAL AGAINST CST ASSESSMENT ORDER NO 57/16(2015-16) FOR A DEMAND OF RS. 1,51,000/- IS PENDING BEFORE THE AUTHORITY
- Tax disputeADD CCT/ APP DC BHOPAL ZONESince 21 Feb 2018APPEAL IS PENDINGAt the filing before: APPEAL AGAINST VAT ASSESSMENT ORDER NO. 218/17(2016-17) FOR A DEMAND OF RS. 6,52,000/- IS PENDING BEFORE THE AUTHORITY
4 more
- Tax disputeADD CCT/APP DC BHOPAL ZONESince 27 Jan 2020APPEAL IS PENDINGAt the filing before: APPEAL AGAINST ENTRY TAX ASSESSMENT ORDER NO 216/17 (2016-17) FOR A DEMAND OF RS 37000/- IS PENDING BEFORE THE AUTHORITY
- Tax disputeADD CCT/APP DC BHOPAL ZONESince 27 Jan 2020APPEAL IS PENDINGAt the filing before: APPEAL AGAINST CST ASSESSMENT ORDER NO. 153/17(2016-17) FOR A DEMAND OF RS. 114000/- IS PENDING BEFORE THE AUTHORITY
- Tax disputeADD CCT/APP DC BHOPAL ZONESince 27 Jan 2020APPEAL IS PENDINGAt the filing before: APPEAL AGAINST CST ASSESSMENT ORDER (2014-15) FOR A DEMAND OF RS.4,22,000/- IS PENDING BEFORE THE AUTHORITY
- Tax disputeADD CCT/APP DC BHOPAL ZONESince 31 Jan 2017APPEAL IS PENDINGAt the filing before: INCOME TAX AY 2019-20 DEMAND FOR RS. 63,73,000/- . APPEAL IS PENDING BEFORE THE AUTHORITY
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
- 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
- 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.