Sugal & Damani Share Brokers logo

Sugal & Damani Share Brokers CEO, MD, chairman, board of directors and AGM

BSE: 511654FinanceSmall Cap

Last close ₹65.00up ₹4.00 (6.56%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹61.00.

52-week range of traded prices to 23 Oct 2026
₹51.25Low, 6 Apr 2026₹117.70High, 31 Oct 2025
Market cap
₹41 Cr3,618th largest listed
P/E
17.8
P/B
1.4
Dividend yield
1.54%
ROE
8.2%
ROCE
8.6%
Debt to equity
0.02
Volume, BSE
76

Sugal & Damani Share Brokers board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Managing director and CEOMahesh Chandak
  • Company Secretary and Compliance OfficerRadhika Maheshawri

6 directors3 independent1 executive2 non-executive

  • Mahesh Chandak · Managing director and CEOExecutive · joined Oct 2008 · reappointed Sep 2024 · 1 listed board · 2 committee seats
  • Sugalchand VinodhkumarNon-executive · joined Jul 2009 · reappointed Sep 2024 · 1 listed board
  • Srinivas Acharya · Employee DirectorIndependent · joined Sep 2024 · 72 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 3 as chair
  • Lakshmi Chandran Ashok · Employee DirectorIndependent · joined Sep 2024 · 72 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Prasan Chand JainNon-executive · joined Jul 2010 · reappointed Sep 2023 · 1 listed board
  • Sandeep Gayathri · Employee DirectorIndependent · joined Sep 2025 · 72 months as independent · 1 listed board · 1 as independent

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.

1 director who left
  • Dhanesh Mrinalini, left 29 Sep 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 13 Aug 20266 of 6 present3 independent · 75 days in between
    • 29 May 20265 of 6 present2 independent
  • Audit Committee

    Chair Srinivas Acharya

    Mahesh Chandak, Lakshmi Chandran Ashok

    • 13 Aug 20263 of 3 present2 independent · 75 days in between
    • 29 May 20262 of 3 present1 independent
  • Nomination and remuneration committee

    Chair Srinivas Acharya

    Sugalchand Vinodhkumar, Lakshmi Chandran Ashok

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Lakshmi Chandran Ashok

    Mahesh Chandak, Srinivas Acharya

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Mahesh Chandak

    Sugalchand Vinodhkumar, Lakshmi Chandran Ashok

    No meeting listed in the filing.

  • Investment and Borrowing Committee

    Chair Mahesh Chandak

    Sugalchand Vinodhkumar

    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 Jun 2026.

  • M/s. Diyali B and AssociatesPeer-review certificate valid to Apr 2029
1 earlier auditor
  • M/s. Diyali B & AssociatesNamed in filings from Mar 2025 to Dec 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.

Sugal & Damani Share Brokers 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.Sugal & Damani Share Brokers dividend history

Annual general meeting, 28 Sep 2026

3,334 shareholders on the register on 21 Sep 2026; present: 11 promoters and 5 others; votes counted by SNEHA JAIN / M/S. SNEHA JAIN & ASSOCIATES.The company's voting result (opens in a new tab)

  1. (a) To receive, consider and adopt the Audited Standalone Balance Sheet as at March 31, 2026 and Profit and Loss Account for the period ended on that date and the Reports of Directors and Auditor thereon. (b) To receive, consider and adopt the Audited Consolidated Balance Sheet as at March 31, 2026 and Profit and Loss Account for the period ended on that date and the Reports of Directors and Auditor thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.91% · promoters 100.00% · institutions 0.00% · other public 12.62%

  2. Declaration of Dividend On Equity Shares Of The Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.91% · promoters 100.00% · institutions 0.00% · other public 12.62%

  3. To appoint a Director in place of Mr Prasan Chand Jain (DIN - 00050081) who retires by rotation and, being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 75.91% · promoters 100.00% · institutions 0.00% · other public 12.62%

  4. To appoint a Director in place of Mr Mahesh Chandak (DIN - 00050149) who retires by rotation and, being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 75.91% · promoters 100.00% · institutions 0.00% · other public 12.62%

  5. Ratification of Certificate under Regulation 45(3) of SEBI (LODR) Regulations, 2015.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 75.91% · promoters 100.00% · institutions 0.00% · other public 12.62%

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.

Stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake heldSugal Commodity Brokers Private LimitedSince 6 Nov 2003

    0.00% bought in the quarter; holding 18.17%, from 18.17%

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.