Unison Metals MD, chairman, board of directors and AGM
BSE: 538610Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹0.70.
- 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.
- ₹20 Cr3,826th 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. The filing of 14 Aug 2026
- 2.4
- 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
- 0.3
- 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
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 14.3%
- 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
- 10.4%
- 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
- 0.96
- Volume, BSEVolume. Shares traded on the last trading day.
- 18,93,525
Unison Metals 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
- Managing directorRASHI TIRTH MEHTA
- ChairpersonMAHESHBHAI VISHANDAS CHANGRANI
- Company Secretary and Compliance OfficerMITALIBEN RITESH PATEL
6 directors3 independent3 executive
- RASHI TIRTH MEHTA · Managing directorExecutive · joined Jul 2024 · 1 listed board
- TIRTH UTTAM MEHTAExecutive · joined Jul 2010 · reappointed Sep 2025 · 1 listed board · 2 committee seats
- MAHESHBHAI VISHANDAS CHANGRANI · ChairpersonExecutive · joined Nov 2010 · reappointed Sep 2024 · 1 listed board · 1 committee seat
- NARENDRA THAKKARIndependent · joined May 2022 · 49 months as independent · 1 listed board · 1 as independent
- DEEPALI MALPANIIndependent · joined Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- HIMANSHU RAMPAL CHOKHDAIndependent · joined Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat, 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
- 30 Jun 20265 of 6 present2 independent · 25 days in between
- 4 Jun 20265 of 6 present2 independent · 4 days in between
- 30 May 20266 of 6 present3 independent · 44 days in between
- 15 Apr 20265 of 6 present2 independent · 13 days in between
2 earlier meetings
- 1 Apr 20266 of 6 present3 independent · 45 days in between
- 14 Feb 20266 of 6 present3 independent
Audit Committee
Chair HIMANSHU RAMPAL CHOKHDA
TIRTH UTTAM MEHTA, DEEPALI MALPANI
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair HIMANSHU RAMPAL CHOKHDA
NARENDRA THAKKAR, DEEPALI MALPANI
- 14 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair DEEPALI MALPANI
MAHESHBHAI VISHANDAS CHANGRANI, TIRTH UTTAM MEHTA
- 22 Apr 20263 of 3 present1 independent · 90 days in between
- 21 Jan 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.
- Purshottam khandelwal & CoPeer-review certificate valid to Nov 2028
1 earlier auditor
- Purushottam Khandelwal & Co.Named 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.
Unison Metals 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.Unison Metals share news and announcements
Annual general meeting, 30 Sep 2026
24,467 shareholders on the register on 23 Sep 2026; present: 8 promoters and 25 others; votes counted by Gaurang Radheshyam Shah / G R SHAH & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026 comprising of the Balance Sheet as at March 31, 2026, Statement of Profit & Loss Account and Cash Flow Statement as on that date and the Explanatory Notes annexed to, and forming part of, any of the above documents together with the Report of the Board of Directors' and Auditors' thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 30.08% · promoters 100.00% · institutions 0.00% · other public 1.43%
- To appoint a Director in place of Mr. Maheshbhai V. Changrani [DIN: 00153615] who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 30.08% · promoters 100.00% · institutions 0.00% · other public 1.43%
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2026-27 pursuant to Section 148 and all other applicable provisions of the Companies Act, 2013.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 30.08% · promoters 100.00% · institutions 0.00% · other public 1.43%
- To approve the Related Party Transaction with M/s. Unison Forgings Private Limited for contract/agreement.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 1.09% · promoters 0.30% · institutions 0.00% · other public 1.43%
- To approve the Related Party Transaction between M/s. Chandanpani Limited, a subsidiary of the Company, and M/s. Unison Forgings Private Limited for contract/agreement.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 1.09% · promoters 0.30% · institutions 0.00% · other public 1.43%
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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesJul 2025, checked by Care Ratings Limited | 34.00 | Purchase of Land | 7.00 | 7.00 | No | Audit committee: The Committee has noted that there is no deviation. |
| Rights IssuesJul 2025, checked by Care Ratings Limited | 34.00 | Repayment of Loan | 17.75 | 17.75 | No | Audit committee: The Committee has noted that there is no deviation. |
| Rights IssuesJul 2025, checked by Care Ratings Limited | 34.00 | Working Capital | 4.00 | 4.02 | No | Audit committee: The Committee has noted that there is no deviation. |
| Rights IssuesJul 2025, checked by Care Ratings Limited | 34.00 | Purchase of Machinery | 5.00 | 5.00 | No | Audit committee: The Committee has noted that there is no deviation. |
| Rights IssuesJul 2025, checked by Care Ratings Limited | 34.00 | Issue related Exp. | 0.28 | 0.24 | No | Audit committee: The Committee has noted that there is no deviation. |
| Rights IssuesJul 2025, checked by Care Ratings Limited | 34.00 | General Corporate Purpose | 0.30 | 0.00 | No | Audit committee: The Committee has noted that there is no deviation. |