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Tree House Education & Accessories CEO, MD, chairman, board of directors and AGM

NSE: TREEHOUSEBSE: 533540Other Consumer ServicesSmall Cap

Last close ₹5.45up ₹0.43 (8.57%)BSE ₹5.39

Share price at the NSE close on 23 Oct 2026. Previous close ₹5.02.

52-week range of traded prices to 23 Oct 2026
₹4.67Low, 22 Oct 2026₹11.00High, 26 Feb 2026
Market cap
₹23 Cr3,760th largest listed
P/E
Lossover the last 12 months
P/B
0.1
Dividend yield
Nonein the last 12 months
ROE
−6.6%
ROCE
−9.2%
Debt to equity
0.00
Volume, NSE
19,64956.6% delivered

Tree House Education & Accessories 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 director and CEORajesh BhatiaRelated to the promoter

6 directors3 independent2 executive1 non-executive

  • Rajesh Bhatia · Chairperson and managing director and CEOExecutive · joined Feb 2023 · reappointed Feb 2026 · 1 listed board · 2 committee seats
  • Nidhi GroverIndependent · joined Sep 2020 · reappointed Sep 2025 · 73 months as independent · 1 listed board · 1 as independent · 3 committee seats, 2 as chair
  • Milin RamaniIndependent · joined Sep 2020 · reappointed Sep 2025 · 73 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 1 as chair
  • Dipen ShahNon-executive · joined Aug 2021 · 1 listed board · 1 as independent
  • Navin KumarExecutive · joined Jan 2024 · 1 listed board · 1 as independent
  • Divya PunmiyaIndependent · joined Apr 2025 · 17 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
  • Sanjay Doshi, left 27 Mar 2025: Others

Committees and meetings

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

  • Board

    • 2 Sep 20266 of 6 present3 independent · 25 days in between
    • 7 Aug 20266 of 6 present3 independent · 83 days in between
    • 15 May 20266 of 6 present3 independent

  • Audit Committee

    Chair Nidhi Grover

    Rajesh Bhatia, Divya Punmiya

    • 7 Aug 20263 of 3 present2 independent · 83 days in between
    • 15 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Nidhi Grover

    Dipen Shah, Divya Punmiya

    • 2 Sep 20263 of 3 present2 independent · 25 days in between
    • 7 Aug 20263 of 3 present2 independent · 83 days in between
    • 15 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Nidhi Grover

    Rajesh Bhatia, Divya Punmiya

    • 7 Aug 20263 of 3 present2 independent · 83 days in between
    • 15 May 20263 of 3 present2 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. Rakesh Soni & CoPeer-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.

Tree House Education & Accessories 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.Tree House Education & Accessories dividend history

Annual general meeting, 12 Sep 2026

18,304 shareholders on the register on 5 Sep 2026; present: 4 promoters and 118 others; votes counted by Mihen Halani / M/s Mihen Halani & Associates.The company's voting result (opens in a new tab)

  1. 1 - To receive, consider and adopt; a. 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; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026, and the Report of the Auditor’s thereonMoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 37.27% · promoters 99.54% · institutions 0.00% · other public 18.78%

  2. To appoint a director in place of Mr. Dipen Vijaykumar Shah (DIN: 07600611), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 37.27% · promoters 99.54% · institutions 0.00% · other public 18.78%

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.

Postal ballot, 20 Feb 2026, 1 resolution

18,135 shareholders on the register on 16 Jan 2026; votes counted by Mihen Halani / M/s Mihen Halani & Associate.The company's voting result (opens in a new tab)

  1. 1- Re-appointment of Mr. Rajesh Doulatram Bhatia (DIN: 00074393) as a Managing Director of the Company.
    SpecialPromoters have an interest in it
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 12.37% · promoters 0.00% · institutions 0.00% · other public 17.84%

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, 6 Sep 2025, 5 resolutions

17,748 shareholders on the register on 29 Aug 2025; present: 3 promoters and 113 others; votes counted by Mihen Halani / M/s Mihen Halani & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt; a. 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 thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2025, and the Report of the Auditor’s thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 42.60% · promoters 99.48% · institutions 0.00% · other public 29.29%

  2. To appoint a director in place of Mr. Navin Kumar Bhandaradamane (DIN: 01664259), 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 0.01%

    Turnout: all 42.60% · promoters 99.48% · institutions 0.00% · other public 29.29%

  3. Appointment of Secretarial Auditor for a term of five (5) Years.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 42.60% · promoters 99.48% · institutions 0.00% · other public 29.29%

  4. Re-appointment of Mr. Milin Ramani (DIN: 07697636) as an Independent Director of the Company for second term of five years from 01st September, 2025 to 31st August, 2030.
    Special
    100.00% for0.00% against

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

    Turnout: all 42.60% · promoters 99.48% · institutions 0.00% · other public 29.29%

  5. Re-appointment of Mrs. Nidhi Grover (DIN: 08792362) as an Independent Director of the Company for a period of five years from 01st September, 2025 to 31st August, 2030.
    Special
    100.00% for0.00% against

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

    Turnout: all 42.60% · promoters 99.48% · institutions 0.00% · other public 29.29%

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.

Postal ballot, 27 Jun 2025, 1 resolution

16,935 shareholders on the register on 23 May 2025; votes counted by Mihen Halani / M/s Mihen Halani & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Divya Punmiya (DIN: 08598655) as a Non- Executive Independent Director of the Company.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 43.49% · promoters 100.00% · institutions 0.00% · other public 33.02%

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.

Annual general meeting, 12 Sep 2024, 2 resolutions

Present: 3 promoters and 124 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt;na. 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; andnb. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024, and the Report of the Auditor’s thereon.nMoreLess
    Ordinary
    99.00% for1.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.95%

    Turnout: all 42.10% · promoters 100.00% · institutions 0.00% · other public 32.38%

  2. To appoint a director in place of Mr. Dipen Shah (DIN: 07600611), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    98.97% for1.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.01%

    Turnout: all 42.10% · promoters 100.00% · institutions 0.00% · other public 32.38%

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.

Postal ballot, 16 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Navin Kumar Bhandaradamane (DIN: 01664259) as an Executive Director of the Company.
    Special
    99.99% for0.01% against

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

    Turnout: all 44.12% · promoters 100.00% · institutions 0.00% · other public 35.44%

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, 23 Sep 2023, 4 resolutions

Present: 3 promoters and 116 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt; na. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2023,together with the Reports of the Board of Directors and the Auditors thereon; and nb. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023, and the Report of the Auditor’s thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 42.01% · promoters 100.00% · institutions 0.00% · other public 32.26%

  2. To appoint a director in place of Mr. Dipen Shah (DIN: 07600611), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 42.01% · promoters 100.00% · institutions 0.00% · other public 32.26%

  3. To approve and ratify the remuneration of the Cost Auditor for the financial year ending March 31, 2024.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 42.01% · promoters 100.00% · institutions 0.00% · other public 32.26%

  4. To approve the appointment of Mr. Sanjay Doshi (DIN: 00004274) as an Independent Director.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 42.01% · promoters 100.00% · institutions 0.00% · other public 32.26%

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.

Postal ballot, 15 Apr 2023, 3 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Rajesh Bhatia (DIN: 00074393) as an Executive Director of the Company
    OrdinaryPromoters have an interest in it
    97.62% for2.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.38%

    Turnout: all 21.20% · promoters 0.00% · institutions 0.00% · other public 29.31%

  2. Appointment of Mr. Rajesh Bhatia (DIN: 00074393) as Managing Director of the Company
    SpecialPromoters have an interest in it
    97.62% for2.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.38%

    Turnout: all 21.20% · promoters 0.00% · institutions 0.00% · other public 29.31%

  3. Appointment of Ms. Divya Padhiyar (DIN: 08598655) as an Independent Director of the Company
    Special
    98.79% for1.21% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.38%

    Turnout: all 41.73% · promoters 100.00% · institutions 0.00% · other public 29.31%

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.

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake heldJT INFRASTRUCTURE PRIVATE LIMITEDSince 31 Mar 2010

    0.00% bought in the quarter; holding 50.00%, from 50.00%

  • Tax disputeNational Faceless Assessment Centre, Income Tax Office, DelhiSince 28 Mar 2022
    No change in the status
    At the filing before: The Company has filed an appeal before the Commissioner of Income Tax (Appeals) on 24.08.2022. This is for the A.Y. 14-15
  • Tax disputeNational Faceless Assessment Centre, Income Tax Office, DelhiSince 28 Mar 2022
    No change in the status
    At the filing before: The Company has filed an appeal before the Commissioner of Income Tax (Appeals) on 27.08.2022. This is for the A.Y. 15-16
  • Tax disputeNational Faceless Assessment Centre, Income Tax Office, DelhiSince 28 Mar 2022
    No change in the status
    At the filing before: The Company has filed an appeal before the Commissioner of Income Tax (Appeals) on 27.08.2022. This is for the A.Y. 16-17
  • Tax disputeNational Faceless Assessment Centre, Income Tax Office, DelhiSince 31 May 2021
    No change in the status
    At the filing before: The Company has filed an appeal before the Commissioner of Income Tax (Appeals) on 22.09.2021. This is for the A.Y. 17-18
  • Tax disputeNational Faceless Assessment Centre, Income Tax Office, DelhiSince 23 Apr 2021
    No change in the status
    At the filing before: The Company has filed an appeal before the Commissioner of Income Tax (Appeals) on 25.08.2021. This is for the A.Y. 18-19

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

None open at any 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
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.