Swarnsarita Jewels India MD, chairman, board of directors and AGM
NSE: SWARNSARBSE: 526365Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹48.77.
- 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.
- ₹92 Cr3,165th 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
- 0.7
- 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
- 9.9%
- 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
- 0.51
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,13,25580.0% delivered
Swarnsarita Jewels India 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
- Chairperson and managing directorMAHENDRA MADANLAL CHORDIA
- Company Secretary and Compliance OfficerDEEPAK SUTHAR
6 directors3 independent3 executive
- MAHENDRA MADANLAL CHORDIA · Chairperson and managing directorExecutive · joined Apr 2011 · reappointed Apr 2011 · 183 months as independent · 1 listed board
- SUNNY MAHENDRA CHORDIAExecutive · joined Oct 2017 · reappointed Oct 2022 · 103 months as independent · 1 listed board
- RAJUL CHORDIAExecutive · joined Nov 2020 · 68 months as independent · 1 listed board
- JASH AMIT ADANIIndependent · joined May 2026 · 1 month as independent · 1 listed board · 1 as independent · 2 committee seats
- DEEP SHAILESH LAKHANIIndependent · joined Oct 2018 · reappointed Oct 2023 · 91 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- UMANG MITUL MEHTAIndependent · joined Feb 2020 · reappointed Feb 2025 · 77 months as independent · 1 listed board · 1 as independent · 2 committee seats
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
- DHRUVIN BHARAT SHAH, left 27 May 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 13 Jun 20265 of 6 present2 independent · 13 days in between
- 30 May 20264 of 6 present2 independent · 1 day in between
- 28 May 20265 of 6 present2 independent · no day in between
- 27 May 20265 of 6 present2 independent · 36 days in between
4 earlier meetings
- 20 Apr 20266 of 6 present3 independent · 37 days in between
- 13 Mar 20265 of 6 present2 independent · 26 days in between
- 14 Feb 20266 of 6 present3 independent · 14 days in between
- 30 Jan 20266 of 6 present3 independent
Audit Committee
Chair DEEP SHAILESH LAKHANI
JASH AMIT ADANI, UMANG MITUL MEHTA
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair DEEP SHAILESH LAKHANI
JASH AMIT ADANI, UMANG MITUL MEHTA
- 24 May 20263 of 3 present3 independent · 98 days in between
- 14 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair DEEP SHAILESH LAKHANI
JASH AMIT ADANI, UMANG MITUL MEHTA
- 24 May 20263 of 3 present3 independent · 98 days in between
- 14 Feb 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair DEEP SHAILESH LAKHANI
SUNNY MAHENDRA CHORDIA, MAHENDRA MADANLAL CHORDIA
- 24 May 20263 of 3 present1 independent · 98 days in between
- 14 Feb 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.
- M/S. BANSHI JAIN AND ASSOCIATESPeer-review certificate valid to Mar 2027
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.
Swarnsarita Jewels India 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.Swarnsarita Jewels India dividend history
Annual general meeting, 27 Aug 2026
8,903 shareholders on the register on 20 Aug 2026; present: 5 promoters and 33 others; votes counted by CS DEEP SHUKLA / Deep Shukla & Associates, Company Secretaries Mumbai.The company's voting result (opens in a new tab)
Consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the year ended March 31, 2026 together with the Reports of the Board of Directors and Auditor's thereon;MoreLess
Ordinary96.37% for3.63% againstAgainst: promoters 0.00% · institutions 0.00% · other public 31.22%
Turnout: all 51.24% · promoters 75.34% · institutions 0.00% · other public 14.92%
- Appointment of Mrs. Rajul Chordia (DIN: 08827725) liable to retire by rotationOrdinaryPromoters have an interest in it96.34% for3.66% against
Against: promoters 0.00% · institutions 0.00% · other public 31.55%
Turnout: all 51.24% · promoters 75.34% · institutions 0.00% · other public 14.92%
Re-appointment of Mrs. Rajul Chordia (DIN: 08827725), Whole-time Director of the Company, for a further period of 5 (five) consecutive years, with effect from 27th September, 2026 to 26t September, 2031MoreLess
SpecialPromoters have an interest in it96.34% for3.66% againstAgainst: promoters 0.00% · institutions 0.00% · other public 31.55%
Turnout: all 51.24% · promoters 75.34% · institutions 0.00% · other public 14.92%
Appointment of Mr. Jash Amit Adani (DIN: 11746006) as an Independent Director of the Company, notliable to retire by rotation, to hold office for a consecutive term of five yearscommencing from 28th May, 2026 to 27th May, 2031MoreLess
Special96.34% for3.66% againstAgainst: promoters 0.00% · institutions 0.00% · other public 31.55%
Turnout: all 51.24% · promoters 75.34% · institutions 0.00% · other public 14.92%
Approval for payment of overall managerial remuneration to all directors (aggregate not for individual director) of the company in excess of statutory limits under section 197 read with Schedule V of the Companies Act, 2013MoreLess
SpecialPromoters have an interest in it96.34% for3.66% againstAgainst: promoters 0.00% · institutions 0.00% · other public 31.56%
Turnout: all 51.24% · promoters 75.34% · institutions 0.00% · other public 14.92%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeCommiossioner of Income Tax Circle 5 (3)(2) MumbaiSince 26 Dec 2019Matter is ongoing with appellate authorityAt the filing before: Matter in relation tax was Ongoing for AY 2012-13
- Tax disputeCommiossioner of Income Tax Circle 5 (3)(2) MumbaiSince 11 Dec 2019Matter is ongoing with appellate authorityAt the filing before: Matter in relation tax was Ongoing for AY 2017-18
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
- No
- The filing has a part on fines and penalties
- No
- 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.