Vascon Engineers logo

Vascon Engineers CEO, MD, chairman, board of directors and AGM

NSE: VASCONEQBSE: 533156RealtySmall Cap

Last close ₹29.14down ₹1.32 (4.33%)BSE ₹29.21

Share price at the NSE close on 23 Oct 2026. Previous close ₹30.46.

52-week range of traded prices to 23 Oct 2026
₹26.75Low, 30 Mar 2026₹70.20High, 3 Nov 2025
Market cap
₹675 Cr1,560th largest listed
P/E
23.7
P/B
0.6
Dividend yield
Nonein the last 12 months
ROE
2.5%
ROCE
2.7%
Debt to equity
0.26
Volume, NSE
7,35,50549.5% delivered

Vascon Engineers 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 directorSIDDHARTH VASUDEVAN MOORTHY
  • Chief executiveSANTOSH PURSRAM SUNDARARAJAN
  • Company Secretary and Compliance OfficerNeelam Piyush Pipada

6 directors3 independent2 executive1 non-executive

  • SIDDHARTH VASUDEVAN MOORTHY · Managing directorExecutive · joined Mar 2018 · reappointed Apr 2023 · 1 listed board · 2 committee seats
  • SANKARAMAHALINGAM BALASUBRAMANIANIndependent · joined Nov 2021 · reappointed Sep 2022 · 55 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • TARA SUBRAMANIAMIndependent · joined Mar 2023 · reappointed May 2023 · 40 months as independent · 6 listed boards · 6 as independent · 10 committee seats, 3 as chair
  • SANTOSH PURSRAM SUNDARARAJAN · Chief executiveExecutive · joined May 2021 · reappointed Sep 2021 · 1 listed board
  • SOWMYA ADITYA IYERNon-executive · joined Mar 2015 · reappointed Mar 2015 · 1 listed board · 1 committee seat, 1 as chair
  • DIVYA MANEKLAL SHAHIndependent · joined May 2026 · 1 month 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
  • MUKESH SATPAL MALHOTRA, left 16 May 2026: Tenure Completion

Committees and meetings

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

  • Board

    • 10 Jun 20265 of 6 present2 independent
    • 11 May 20265 of 6 present3 independent
    • 17 Apr 20265 of 6 present3 independent
    • 9 Feb 20266 of 6 present3 independent
    1 earlier meeting
    • 23 Jan 20266 of 6 present3 independent
  • Audit Committee

    Chair SANKARAMAHALINGAM BALASUBRAMANIAN

    SIDDHARTH VASUDEVAN MOORTHY, TARA SUBRAMANIAM

    • 11 May 20264 of 4 present3 independent · 40 days in between
    • 9 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair TARA SUBRAMANIAM

    SOWMYA ADITYA IYER, SANKARAMAHALINGAM BALASUBRAMANIAN

    • 11 May 20262 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair SOWMYA ADITYA IYER

    SIDDHARTH VASUDEVAN MOORTHY, TARA SUBRAMANIAM

    • 11 May 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair SIDDHARTH VASUDEVAN MOORTHY

    SOWMYA ADITYA IYER, SANKARAMAHALINGAM BALASUBRAMANIAN

    • 11 May 20262 of 3 present1 independent
    • 31 Mar 20263 of 3 present1 independent · 49 days in between

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.

  • Sharp & Tannan AssociatesPeer-review certificate valid to Apr 2028

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.

Vascon Engineers 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.Vascon Engineers dividend history

Annual general meeting, 7 Aug 2026

94,890 shareholders on the register on 31 Jul 2026; present: 7 promoters and 64 others; votes counted by Amit Jaste / Amit Jaste & Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the audited financial statements of the Company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2026 and the report of Auditors’ thereonMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 37.95% · promoters 100.00% · institutions 48.17% · other public 10.69%

  2. Re-appointment of Dr. Santosh Sundararajan (DIN: 00015229) as a Director, liable to retire by rotation
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 37.96% · promoters 100.00% · institutions 52.67% · other public 10.69%

  3. Ratification of the remuneration of Cost Auditors for the financial year ending 31st March, 2027
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 37.96% · promoters 100.00% · institutions 52.67% · other public 10.69%

  4. Re-appointment of Mr. Sankaramahalingam Balasubramanian (DIN: 06622735) as Non-Executive Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 37.96% · promoters 100.00% · institutions 52.67% · other public 10.69%

  5. Appointment of Mr. Divya Maneklal Shah (DIN: 11707687) as the Non-Executive Independent Director of the Company for a term of 5 years w.e.f. May 15, 2026 and continuation of holding of office of Non-Executive Independent Director on attaining the age of 75 years during the said termMoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 37.96% · promoters 100.00% · institutions 52.67% · other public 10.69%

  6. Approval of Related Party Transactions
    OrdinaryPromoters have an interest in it
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 99.19% · other public 0.13%

    Turnout: all 37.96% · promoters 100.00% · institutions 52.67% · other public 10.69%

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, 18 May 2026, 3 resolutions

95,835 shareholders on the register on 11 May 2026; present: 5 promoters and 35 others; votes counted by Savita Jyoti / Savita Jyoti Associates.The company's voting result (opens in a new tab)

  1. Issuance of Convertible Warrants by way of Preferential Issue
    SpecialPromoters have an interest in it
    99.98% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 34.95% · promoters 86.36% · institutions 52.69% · other public 12.32%

  2. Increase the borrowing power limit U/s 180(1)(c) of the Companies Act 2013
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 34.95% · promoters 86.36% · institutions 52.69% · other public 12.32%

  3. Authority to create charge U/s 180(1)(a) of the Companies Act 2013
    Special
    99.98% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 34.95% · promoters 86.36% · institutions 52.69% · other public 12.32%

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, 24 Sep 2025, 6 resolutions

1,01,125 shareholders on the register on 17 Sep 2025; present: 7 promoters and 63 others; votes counted by AMIT JASTE / AMIT JASTE & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the audited financial statements of the Company for the financial year ended March 31, 2025, the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2025 and the report of Auditors’ thereonMoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 34.36% · promoters 86.36% · institutions 14.57% · other public 10.81%

  2. Re-appointment of Ms. Sowmya Aditya Iyer (DIN: 06470039) as a Director, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    99.99% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 34.38% · promoters 86.36% · institutions 15.74% · other public 10.81%

  3. Ratification of the remuneration of Cost Auditors for the financial year ending 31st March, 2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 34.38% · promoters 86.36% · institutions 15.74% · other public 10.81%

  4. Appointment of Secretarial Auditors of the Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 34.38% · promoters 86.36% · institutions 15.74% · other public 10.81%

  5. To re-appoint Dr. Santosh Sundararajan (DIN: 00015229) as a Whole-time Director, and Group CEO of the Company and approves remuneration payable to him
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 34.38% · promoters 86.36% · institutions 15.74% · other public 10.81%

  6. To approve revision in the terms of remuneration of Mr. Siddharth Vasudevan Moorthy, (DIN:02504124) Managing Director of the Company
    SpecialPromoters have an interest in it
    99.38% for0.62% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.07%

    Turnout: all 34.38% · promoters 86.36% · institutions 15.74% · other public 10.81%

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, 20 Sep 2024, 6 resolutions

Present: 5 promoters and 47 others.The company's voting result (opens in a new tab)

  1. Consider and adopt:na. Audited Financial Statement, Reports of the Board of Directors and Auditorsnb. Audited Consolidated Financial Statement, Reports of the Board of Directors and Auditors
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 29.15% · promoters 71.44% · institutions 52.82% · other public 9.61%

  2. Re-appointment of Mr. Siddharth Vasudevan Moorthy, who retires by rotation, and being eligible offers himself for re-appointment
    Ordinary
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 16.23% · other public 0.05%

    Turnout: all 29.17% · promoters 71.44% · institutions 55.93% · other public 9.61%

  3. Re-appointment of M/s Sharp & Tannan Associates, Chartered Accountants as Statutory Auditors of the Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 29.17% · promoters 71.44% · institutions 55.93% · other public 9.61%

  4. To Confirm the payment of Interim Dividend Of Rs. 0.25/- Paisa per Equity and consider the same as the final Dividend for Financial Year 2023-24
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 29.17% · promoters 71.44% · institutions 55.93% · other public 9.61%

  5. Ratification of remuneration of Cost Auditor for Financial Year 2024-2025
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 29.17% · promoters 71.44% · institutions 55.93% · other public 9.61%

  6. Variation of terms of Vascon Engineers Limited Employees Stock Option Scheme 2020 (ESOS 2020)-change in vesting schedule of outstanding stock options to be granted to Employees who are entitled to participate in the schemeMoreLess
    Special
    99.03% for0.97% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.06%

    Turnout: all 29.17% · promoters 71.44% · institutions 55.93% · other public 9.61%

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, 16 Aug 2024, 1 resolution

Present: 5 promoters and 53 others.The company's voting result (opens in a new tab)

  1. Disinvestment of Entire Shareholding in GMP Technical Solutions Private Limited, a Material subsidiary of the Company
    Special
    99.99% for0.01% against

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

    Turnout: all 13.87% · promoters 5.95% · institutions 45.98% · other public 17.23%

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, 23 Dec 2023, 1 resolution

Present: 1 promoter and 48 others.The company's voting result (opens in a new tab)

  1. TO APPROVE ISSUE OF SECURITIES OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 33.61% · promoters 86.28% · institutions 47.18% · other public 9.15%

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, 26 Sep 2023, 5 resolutions

Present: 4 promoters and 39 others.The company's voting result (opens in a new tab)

  1. a. “RESOLVED THAT the audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon, as circulated to the members be and is hereby considered and adopted”.nb. “RESOLVED THAT the audited consolidated financial statements of the Company for the financial year ended March 31, 2023 and the report of Auditors thereon, as circulated to the members be and is hereby considered and adopted”.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 28.15% · promoters 74.88% · institutions 59.91% · other public 5.40%

  2. Reappointment of Dr. Santosh Sundararajan (DIN: 00015229), who retires by rotation, and being eligible himself eligible for reappointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 28.41% · promoters 74.88% · institutions 96.99% · other public 5.40%

  3. Ratification of remuneration of Cost Auditor for Financial Year 2023-2024
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 28.40% · promoters 74.88% · institutions 96.99% · other public 5.40%

  4. Approval for payment of remuneration Dr. Santosh Sundararajan, Whole Time Director & Group Chief Executive Officer
    Special
    97.64% for2.36% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.10%

    Turnout: all 28.41% · promoters 74.88% · institutions 96.99% · other public 5.40%

  5. To approve payment of remuneration to non-executive directors by way of coverage in insurance scheme
    Special
    97.64% for2.36% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.10%

    Turnout: all 28.41% · promoters 74.88% · institutions 96.99% · other public 5.40%

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, 28 May 2023, 1 resolution

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

  1. Approval of Appointment of Ms. Tara Subramaniam (DIN: 07654007) as the Non-Executive Independent Woman Director of the Company for a term of 5 years w.e.f March 03, 2023 and Continuation of Holding of Office of Non-Executive Independent Woman Director on attaining the age of 75 Years during the said term.MoreLess
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 33.34% · promoters 83.10% · institutions 0.00% · other public 9.71%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 23 Dec 2023, 1 fund house

  • TO APPROVE ISSUE OF SECURITIES OF THE COMPANY
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

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
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.