Stel Holdings logo

Stel Holdings MD, chairman, board of directors and AGM

NSE: STELBSE: 533316FinanceSmall Cap

Formerly Sentinel Tea and Exports
Last close ₹479.15down ₹10.75 (2.19%)BSE ₹476.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹489.90.

52-week range of traded prices to 23 Oct 2026
₹385.10Low, 21 Jan 2026₹689.95High, 31 Aug 2026
Market cap
₹884 Cr1,545th largest listed
P/E
Earlier quarters restated in the year
P/B
0.5
Dividend yield
Nonein the last 12 months
ROCE
1.6%
Debt to equity
0.00
Volume, NSE
4,66280.1% delivered

Stel Holdings 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

  • ChairpersonALOK KALANI
  • Company Secretary and Compliance OfficerSRUTHI SINDHU

8 directors4 independent1 executive3 non-executive

  • KAUSHIK ROYNon-executive · joined Feb 2015 · reappointed Sep 2024 · 2 listed boards · 2 committee seats
  • MAHESH NARAYANASWAMYNon-executive · joined Feb 2021 · reappointed Sep 2026 · 1 listed board
  • ABRAHAM ITTYIPEExecutive · joined Aug 2020 · reappointed Aug 2025 · 1 listed board · 1 committee seat
  • ALOK KALANI · ChairpersonNon-executive · joined Aug 2022 · reappointed Sep 2025 · 3 listed boards · 4 committee seats, 2 as chair
  • IRAM HASSANIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 2 as chair
  • ROHIN FEROZE BOMANJIIndependent · joined Aug 2024 · reappointed Aug 2024 · 26 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 1 as chair
  • SAMARTH PAREKHIndependent · joined Aug 2024 · reappointed Aug 2024 · 26 months as independent · 2 listed boards · 1 as independent · 3 committee seats
  • SUNIL KAMALAKAR TAMHANEIndependent · joined Oct 2024 · reappointed Oct 2024 · 24 months as independent · 3 listed boards · 3 as independent · 4 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

    • 7 Aug 20267 of 8 present3 independent · 71 days in between
    • 27 May 20267 of 8 present4 independent

  • Audit Committee

    Chair IRAM HASSAN

    ALOK KALANI, ROHIN FEROZE BOMANJI, SAMARTH PAREKH, SUNIL KAMALAKAR TAMHANE

    • 7 Aug 20264 of 5 present3 independent · 71 days in between
    • 27 May 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair SAMARTH PAREKH

    ALOK KALANI, ROHIN FEROZE BOMANJI

    • 7 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair ALOK KALANI

    IRAM HASSAN, ABRAHAM ITTYIPE, SAMARTH PAREKH

    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.

  • G JOSEPH AND ASSOCIATESPeer-review certificate valid to Mar 2027
1 earlier auditor
  • G.Joseph & associatesNamed in the filing for the quarter to Mar 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.

Stel Holdings 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.Stel Holdings share news and announcements

Annual general meeting, 25 Sep 2026

20,485 shareholders on the register on 18 Sep 2026; present: 30 promoters and 14 others; votes counted by M D SELVARAJ / MDS & ASSOCIATES LLP.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 March 31, 2026 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.64%

    Turnout: all 72.02% · promoters 99.60% · institutions 12.02% · other public 0.11%

  2. Re-appointment of Mr. Mahesh Narayanaswamy (DIN: 01449684) as a Director on retirement by rotation
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 36.74%

    Turnout: all 72.02% · promoters 99.60% · institutions 12.02% · 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.

Annual general meeting, 19 Sep 2025, 4 resolutions

21,645 shareholders on the register on 12 Sep 2025; present: 32 promoters and 11 others; votes counted by M D SELVARAJ / MDS & ASSOCIATES LLP.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 March 31, 2025 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2025 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 1.30%

    Turnout: all 70.41% · promoters 99.59% · institutions 0.00% · other public 0.48%

  2. Re-appointment of Mr. Alok Kalani (DIN: 03082801) as a Director on retirement by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.33%

    Turnout: all 70.41% · promoters 99.59% · institutions 0.00% · other public 0.46%

  3. Approval for the appointment of M/s. SEP and Associates (ICSI Unique Code: P2019KE075600; Peer Review No. 6780/2025), Practicing Company Secretaries, Kochi as Secretarial Auditors of the Company for a period of 5 (five) consecutive years commencing from Financial Year 2025-26 till Financial Year 2029-30 and the remuneration payable to them.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.33%

    Turnout: all 70.41% · promoters 99.59% · institutions 0.00% · other public 0.46%

  4. Approval for the re-appointment of Mr. Abraham Ittyipe (DIN: 02717344) as a Whole-time Director of the Company for a further period of 5 (five) years effective from August 13, 2025 and the remuneration payable to him.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.33%

    Turnout: all 70.41% · promoters 99.59% · 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, 27 Sep 2024, 5 resolutions

Present: 32 promoters and 13 others.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 March 31, 2024 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.81%

    Turnout: all 68.89% · promoters 99.58% · institutions 0.00% · other public 0.49%

  2. Re-appointment of Mr. Kaushik Roy (DIN: 06513489) as Director, who retires by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.81%

    Turnout: all 68.89% · promoters 99.58% · institutions 0.00% · other public 0.49%

  3. Approval for the appointment of Mr. Rohin Feroze Bomanji (DIN:06971089) as an Independent Director of the Company for a first term of five consecutive years effective from August 01, 2024
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.81%

    Turnout: all 68.89% · promoters 99.58% · institutions 0.00% · other public 0.49%

  4. Approval for the appointment of Mr. Samarth Parekh (DIN: 00199598) as an Independent Director of the Company for a first term of five consecutive years effective from August 01, 2024
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.81%

    Turnout: all 68.89% · promoters 99.58% · institutions 0.00% · other public 0.49%

  5. Approval for appointment of Mr. Sunil Kamalakar Tamhane (DIN: 03179129), who has attained the age of 76 years, as an Independent Director of the Company for a first term of five consecutive years effective from October 01, 2024MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.17%

    Turnout: all 68.89% · promoters 99.58% · institutions 0.00% · other public 0.49%

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.

Extraordinary general meeting, 25 Apr 2024, 1 resolution

Present: 30 promoters and 26 others.The company's voting result (opens in a new tab)

  1. Approval for entering into Material Related Party Transaction(s) with PCBL 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 0.13% · promoters 0.00% · institutions 0.00% · other public 0.39%

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, 28 Sep 2023, 3 resolutions

Present: 33 promoters and 14 others.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 March 31, 2023 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2023 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 1.09%

    Turnout: all 64.54% · promoters 99.92% · institutions 0.00% · other public 0.41%

  2. Re-appointment of Mr. Mahesh Narayanaswamy (DIN: 01449684) as a Director of the Company, who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.54% · promoters 99.92% · institutions 0.00% · other public 0.41%

  3. Appointment of Ms. Iram Hassan (DIN :10183873) as an Independent Woman Directornof the Company for a first term of five consecutive years effective from August 25, 2023
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 64.54% · promoters 99.92% · institutions 0.00% · other public 0.41%

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, 29 Sep 2022, 4 resolutions

Present: 33 promoters and 14 others.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 March 31, 2022 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2022 together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.15%

    Turnout: all 61.26% · promoters 99.91% · institutions 0.00% · other public 0.34%

  2. Re-appointment of Mr. Abraham Ittyipe (DIN: 02717344) as a Director of the Company, who retires by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.16%

    Turnout: all 61.26% · promoters 99.91% · institutions 0.00% · other public 0.34%

  3. Appointment of M/s. G. Joseph & Associates (Firm Registration No.006310S), Chartered Accountants, Cochin, as statutory auditors of the Company in the place of the retiring auditors M/s. J Krishnan & Associates, Chartered Accountants, for a term of five consecutive years to hold such office from the conclusion of this 32nd Annual General Meeting until the conclusion of the 37th Annual General Meeting and fixation of their remunerationMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 61.26% · promoters 99.91% · institutions 0.00% · other public 0.33%

  4. Appointment of Mr. Alok Kalani (DIN: 03082801) as Non-Executive Non-Independent Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.15%

    Turnout: all 61.26% · promoters 99.91% · institutions 0.00% · other public 0.34%

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, 28 Sep 2021, 5 resolutions

Present: 29 promoters and 9 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements including the Audited Consolidated Financial Statements for the financial year ended March 31, 2021 together with the reports of the Board of Directors and Auditors’ thereonMoreLess
    Ordinary
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 0.00% · other public 53.63%

    Turnout: all 58.70% · promoters 100.00% · institutions 0.00% · other public 1.30%

  2. Re-appointment of Mr. Sunil Bhandari (DIN: 00052161) as a Director of the Company, who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.70% · promoters 100.00% · institutions 0.00% · other public 1.30%

  3. Appointment of Mrs. Suhana Murshed (DIN : 08572394) as an Independent Director of the Company for a period of five years with effect from April 29, 2021 to April 28, 2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.09%

    Turnout: all 58.70% · promoters 100.00% · institutions 0.00% · other public 1.30%

  4. Appointment of Mr. Mahesh Narayanaswamy (DIN: 01449684) as a Non-Executive Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.10%

    Turnout: all 58.70% · promoters 100.00% · institutions 0.00% · other public 1.30%

  5. Appointment of Mr. Krishnam Parasramka (DIN: 07632711) as a Director, in respect of whom the notice of candidature dated August 23, 2021 was received from a shareholder under Section 160 of the Companies Act, 2013MoreLess
    Ordinary
    0.91% for99.09% against

    Against: promoters 100.00% · institutions 0.00% · other public 1.58%

    Turnout: all 58.70% · promoters 100.00% · institutions 0.00% · other public 1.30%

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.

Extraordinary general meeting, 26 Mar 2021, 1 resolution

Present: 31 promoters and 5 others.The company's voting result (opens in a new tab)

  1. Approval for transfer of entire shareholding of the Company held in Noida Power Company Limited by way of sale to Eminent Electricity Distribution Limited, a related party
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 30.86% · promoters 55.96% · 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

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.