Starteck Finance logo

Starteck Finance MD, chairman, board of directors and AGM

NSE: STARTECKBSE: 512381FinanceSmall Cap

Last close ₹242.55down ₹10.45 (4.13%)BSE ₹244.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹253.00.

52-week range of traded prices to 23 Oct 2026
₹215.10Low, 30 Mar 2026₹350.00High, 29 Sep 2026
Market cap
₹240 Cr2,222nd largest listed
P/E
9.9
P/B
0.9
Dividend yield
0.10%
ROE
9.8%
NIM
2.01%
Cost of funds
7.61%
Credit cost
0.00%
ROA
3.97%
Leverage
2.39times net worth
Volume, NSE
6,0078.6% delivered

Starteck Finance 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

  • ChairpersonAmit S Pitale
  • Company Secretary and Compliance OfficerLaukik Bhise

6 directors3 independent1 executive2 non-executive

  • Anand G ShroffNon-executive · joined Jun 2019 · 1 listed board · 2 committee seats
  • Pankaj JainNon-executive · joined Jun 2020 · 2 listed boards · 3 committee seats, 2 as chair
  • Gautam B PanchalIndependent · joined Jun 2017 · reappointed Jun 2022 · 108 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Nilesh Vinodchandra ParikhIndependent · joined Sep 2021 · reappointed Sep 2021 · 57 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
  • Sandhya Rohit MalhotraIndependent · joined Jun 2020 · reappointed Jun 2025 · 72 months as independent · 3 listed boards · 3 as independent · 5 committee seats
  • Amit S Pitale · ChairpersonExecutive · joined May 2023 · 1 listed board

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

    • 13 May 20265 of 6 present2 independent · 96 days in between
    • 5 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair Nilesh Vinodchandra Parikh

    Gautam B Panchal, Sandhya Rohit Malhotra, Anand G Shroff

    • 13 May 20263 of 4 present2 independent · 96 days in between
    • 5 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Nilesh Vinodchandra Parikh

    Gautam B Panchal, Pankaj Jain

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Gautam B Panchal

    Anand G Shroff, Pankaj Jain

    • 13 May 20263 of 3 present1 independent · 96 days in between
    • 5 Feb 20263 of 3 present1 independent
  • Corporate Social Responsibility Committee

    Chair Gautam B Panchal

    Anand G Shroff, Pankaj Jain

    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.

  • MKPS & AssociatesPeer-review certificate valid to Dec 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.

Starteck Finance 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.Starteck Finance dividend history

Annual general meeting, 18 Sep 2026

1,484 shareholders on the register on 11 Sep 2026; present: 13 promoters and 18 others; votes counted by Veeraraghavan N. / Veeraraghavan N..The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.31% · promoters 100.00% · institutions 100.00% · other public 56.20%

  2. Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.31% · promoters 100.00% · institutions 100.00% · other public 56.20%

  3. Declaration of final dividend of ₹ 0.25 (2.50%) per equity share of face value of ₹ 10 each held by the person/entities other than Promoter/Promoter Group for the financial year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.31% · promoters 100.00% · institutions 100.00% · other public 56.20%

  4. Appointment of a Director in place of Mr. Amit Pitale (DIN: 07852850), who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.29% · promoters 100.00% · institutions 100.00% · other public 56.15%

  5. Appointment of Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.31% · promoters 100.00% · institutions 100.00% · other public 56.20%

  6. Approval for raising of funds by way of further issue of Securities
    Special
    100.00% for0.00% against

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

    Turnout: all 88.31% · promoters 100.00% · institutions 100.00% · other public 56.20%

  7. Approval of transactions with group companies.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 15.01% · promoters 0.00% · institutions 100.00% · other public 56.20%

  8. Re-appointment of Mr. Nilesh Parikh (DIN: 02710146) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 88.31% · promoters 100.00% · institutions 100.00% · other public 56.20%

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, 18 Aug 2025, 7 resolutions

1,615 shareholders on the register on 11 Aug 2025; present: 12 promoters and 4 others; votes counted by Veeraraghavan N. / Veeraraghavan N..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

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

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025, together with the Report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

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

  3. To declare final dividend of ₹ 0.25 (2.50%) per equity share of face value of ₹ 10 each held by the person/entities other than Promoter/Promoter Group for the financial year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

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

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

  4. To appoint a Director in place of Mr. Anand Shroff (DIN: 08480489), who retires by rotation and, being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

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

  5. Approval for raising of funds by way of further issue of Securities
    Special
    100.00% for0.00% against

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

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

  6. Appointment of Mr. Veeraraghavan N., Company Secretary in Practice as the Secretarial Auditor of the Company and fixing remuneration thereon
    Ordinary
    100.00% for0.00% against

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

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

  7. To approve transactions with group companies
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

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

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.

Annual general meeting, 30 Sep 2024, 8 resolutions

Present: 13 promoters and 6 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.19% · promoters 100.00% · institutions 0.00% · other public 30.97%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2024, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.19% · promoters 100.00% · institutions 0.00% · other public 30.97%

  3. To declare final dividend of Rs. 0.25 (2.50%) per equity share of face value of Rs. 10 each held by the person/entities other than Promoter/Promoter Group for the financial year ended 31st March, 2024.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.19% · promoters 100.00% · institutions 0.00% · other public 30.97%

  4. To appoint a Director in place of Mr. Pankaj Jain (DIN: 00048283), who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.19% · promoters 100.00% · institutions 0.00% · other public 30.97%

  5. Re-appointment of Mrs. Sandhya Malhotra (DIN: 06450511) as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 81.19% · promoters 100.00% · institutions 0.00% · other public 30.97%

  6. Approval for raising of funds by way of further issue of Securities
    Special
    100.00% for0.00% against

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

    Turnout: all 81.19% · promoters 100.00% · institutions 0.00% · other public 30.97%

  7. To approve transaction between Chitta Finlease Private Limited (Wholly Owned Subsidiary of the Company) and Mithra Buildcon Private Limited (Wholly Owned Subsidiary of Sunteck Realty Limited)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 8.42% · promoters 0.00% · institutions 0.00% · other public 30.92%

  8. To approve transactions with group companies for the financial year 2024-25
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 8.42% · promoters 0.00% · institutions 0.00% · other public 30.92%

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 2023, 6 resolutions

Present: 13 promoters and 14 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone financial statements and the audited consolidated financial statements of the Company for the financial year ended March 31, 2023 together with the report of the Board of Directors and report of the Auditors thereon and other reports.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.21% · promoters 100.00% · institutions 0.00% · other public 33.64%

  2. To declare final dividend of 2.5% i.e. Re. 0.25/- per equity share of face value Rs. 10/- each held by the person/ entities other than Promoter/ Promoter Group 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 81.21% · promoters 100.00% · institutions 0.00% · other public 33.64%

  3. To appoint a Director in place of Mr. Anand Shroff (DIN-08480489), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.21% · promoters 100.00% · institutions 0.00% · other public 33.64%

  4. To approve appointment of Mr. Amit Pitale (DIN: 07852850) as the Whole Time Director and Chief Financial Officer of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.20% · promoters 100.00% · institutions 0.00% · other public 33.60%

  5. Approval for raising of funds by way of further issue of Securities
    Special
    100.00% for0.00% against

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

    Turnout: all 81.21% · promoters 100.00% · institutions 0.00% · other public 33.64%

  6. To approve material related party transactions for the financial year 2023-24
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 9.51% · promoters 0.00% · institutions 0.00% · other public 33.60%

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 Aug 2022, 6 resolutions

Present: 11 promoters and 8 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone financial statements and the audited consolidated financial statements of the Company for the financial year ended March 31, 2022 together with the report of the Board of Directors and report of the Auditors thereon and other reportsMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 27.31%

  2. To declare final dividend of 2.5% i.e. Re. 0.25/- per equity share of face value Rs. 10/- each held by the person/ entities other than Promoter/ Promoter Group for the year ended March 31, 2022
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 27.31%

  3. To appoint a Director in place of Mr. Pankaj Jain (DIN-00048283), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 27.31%

  4. Re-Appointment of Mr. Gautam Panchal (Din: 07826634) As an Independent Director of thenCompany
    Special
    100.00% for0.00% against

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

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 27.31%

  5. Approval for raising of funds by way of further issue of Securities
    Special
    100.00% for0.00% against

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

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 27.31%

  6. To approve existing as well as proposed material related party transactions for the financial year 2022-23n
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 7.73% · promoters 0.00% · institutions 0.00% · other public 27.31%

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
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
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.