United Heat Transfer logo

United Heat Transfer MD, chairman, board of directors and AGM

NSE: UHTL

Last close ₹224.65down ₹4.55 (1.99%)

Share price at the NSE close on 21 Oct 2026. Previous close ₹229.20.

52-week range of traded prices to 21 Oct 2026
₹44.00Low, 30 Mar 2026₹233.85High, 16 Oct 2026
Market cap
₹427 Cr
P/E
85.3
P/B
6.7
Dividend yield
Nonein the last 12 months
ROE
8.2%
Debt to equity
0.30
Volume, NSE
6,000

United Heat Transfer 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

    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.

    Statutory auditor

    Named in the results for the quarter to Mar 2026.

    • M/s Kayde & 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.

    United Heat Transfer 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.United Heat Transfer share news and announcements

    Annual general meeting, 28 Sep 2026

    767 shareholders on the register on 22 Sep 2026; present: 8 promoters and 0 others; votes counted by Sachin Arvind Kulkarni / Kulkarni Padekar & Co.The company's voting result (opens in a new tab)

    1. To consider and adopt the audited standalone financial statements of the company for the financial year ended on 31st March, 2026 including balance sheet as at 31st March 2026, the statement of profit and loss and cash flow statement for the year ended on that date and 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 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    2. To Re-appoint Mr. Shatanik Vivek Patil (DIN: 09529929), Non-Executive Director of the company, as director liable to retire 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 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    3. To approve appointment/ regularization of Mr. Sandeep Narayan Bodake (DIN : 11692034) as Non-Executive -Independent Director of the company for a first term of five consecutive years.
      Special
      100.00% for0.00% against

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

      Turnout: all 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    4. To approve appointment/ regularization of Mr. Vinayak Uttam Parab (DIN: 06876983) as Executive Director of the Company.
      Special
      100.00% for0.00% against

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

      Turnout: all 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    5. To consider and approve revision in the terms of remuneration payable to Mr. Yogesh Vishwanath Patil (DIN: 00103349), Managing Director of the company.
      Special
      100.00% for0.00% against

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

      Turnout: all 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    6. To consider and approve revision in the terms of remuneration payable to Mr. Vivek Vishwanath Patil (DIN: 00107234), Whole-Time Director of the company.
      Special
      100.00% for0.00% against

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

      Turnout: all 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    7. To approve the fixation of the remuneration payable to Mr. Shatanik Vivek Patil (DIN: 09529929), for further term of 2 (two) years as a Non- Executive Director of the company
      Special
      100.00% for0.00% against

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

      Turnout: all 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    8. To approve the fixation of the remuneration payable to Ms. Durva Yogesh Patil (DIN: 10457658), for further term of 2 (two) years as a Non- Executive Director of the company.
      Special
      100.00% for0.00% against

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

      Turnout: all 67.78% · promoters 100.00% · institutions 0.00% · other public 0.03%

    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, 19 Sep 2026, 3 resolutions

    787 shareholders on the register on 12 Sep 2026; present: 8 promoters and 0 others; votes counted by Sachin Arvind Kulkarni / Kulkarni Padekar & Co.The company's voting result (opens in a new tab)

    1. To Approve Increase in Authorized Share Capital of the Company and Consequential Alteration in Capital Clause 5 of the Memorandum of Association of the Company
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 67.76% · promoters 100.00% · institutions 0.00% · other public 0.00%

    2. Approval for Alteration of Articles of Association of the Company by Insertion of New Article No. 8(i)
      Special
      100.00% for0.00% against

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

      Turnout: all 67.76% · promoters 100.00% · institutions 0.00% · other public 0.00%

    3. To Create, Offer and Issue Further Equity Shares on Preferential Allotment Basis and to Approve Draft Offer Letter
      Special
      100.00% for0.00% against

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

      Turnout: all 67.76% · promoters 100.00% · institutions 0.00% · other public 0.00%

    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.

    Tax disputes and stakes in unlisted companies

    Reported in the filing for the quarter to Jun 2026.

    • Unlisted stake heldSaraswat Co-operative bank LimitedSince 25 Jun 2026

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

    • Tax disputeEmployment State Insurance CorporationSince 6 Jul 2013
      Ongoing
    • Tax disputeValue Added Tax ActSince 21 Nov 2016
      Ongoing
    • Tax disputeCentral Sales Tax ActSince 21 Dec 2016
      Ongoing
    • Tax disputeIncome Tax AuthoritiesSince 31 Mar 2022
      Ongoing
    • Tax disputeGoods & Service TaxSince 29 Aug 2023
      Ongoing
    • Tax disputeGoods and Services Tax (GST) Department, Government of MaharashtraSince 25 Aug 2025
      Ongoing
      At the filing before: The Company has received an Order dated 05/02/2026 in the Form GST DRC-07 from the Authority u/s 50 of the MGST and CGST Act, 2017. An appeal has been filed with the Appellate authority in Form GST APL-01.MoreLess
    • Tax disputeGoods and Services Tax (GST) Department, Government of MaharashtraSince 12 Jan 2026
      Ongoing
      At the filing before: New: The Company has received a show cause notice under GST ASMT-10 from the Authority regarding determination of tax liability. The Company has filed reply to the notice in the Form ASMT-11.
    1 more
    • Tax disputeGoods and Services Tax (GST) Department, Government of MaharashtraSince 4 May 2026
      New: The Company has received a Notice for intimating discrepancies in the return after scrutiny under GST ASMT- 10 from the Authority regarding difference in the amount of GST payable and GST paid in GSTR-9. The matter is at the initial stage of adjudication.MoreLess
      At the filing before: Not applicable (New disclosure)

    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 filing has a part on fines and penalties
    No
    The filing has a part on tax disputes
    Yes

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Mar 2025. The company's results filing for the quarter to Mar 2026 says no statement of how money raised was used applies to it.

    RaisedAmount raisedForSet asideSpentSpent elsewhere
    Public IssuesOct 202430.00Repayment of Loan7.357.35No
    Public IssuesOct 202430.00Funding to meet working capital requirements14.0014.00No
    Public IssuesOct 202430.00General Corporate Purpose5.735.73No
    ₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.