VEDAVAAG Systems MD, chairman, board of directors and AGM
NSE: VEDAVAAGBSE: 533056IT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹20.61.
- 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.
- ₹45 Cr3,445th 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
- 10.8
- 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
- 2.8%
- 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
- 4.4%
- 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
- 0.01
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 33,74471.1% delivered
VEDAVAAG Systems 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 directorMURALI KRISHNA JONNAVITTULA
- Company Secretary and Compliance OfficerSaiteja Ivaturi
6 directors3 independent1 executive2 non-executive
- MURALI KRISHNA JONNAVITTULA · Managing directorExecutive · joined Apr 1998 · reappointed Sep 2022 · 1 listed board
- SRINIVAS PANNALAIndependent · joined Jan 2017 · reappointed Sep 2022 · 105 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- ANANTH JONNAVITTULANon-executive · joined Sep 2021 · reappointed Sep 2021 · 1 listed board
- SUJATA JONNAVITTULANon-executive · joined Mar 2015 · reappointed Sep 2015 · 2 listed boards · 1 as independent · 4 committee seats
- RAGHAVACHARYA VASUDEVANIndependent · joined Aug 2024 · reappointed Sep 2024 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SPSV SUBRAMANYAMIndependent · joined Aug 2025 · reappointed Sep 2025 · 10 months 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.
2 directors who left
- PRADEEP KUMAR NARSUPALLI, left 29 Sep 2025: Tenure Completion
- RAMESH SINHA DUGGI, left 14 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20265 of 6 present3 independent · 25 days in between
- 4 May 20264 of 6 present2 independent · 79 days in between
- 13 Feb 20265 of 6 present3 independent
Audit Committee
Chair SRINIVAS PANNALA
SUJATA JONNAVITTULA, RAGHAVACHARYA VASUDEVAN
- 30 May 20263 of 3 present2 independent · 25 days in between
- 4 May 20263 of 3 present2 independent · 79 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SRINIVAS PANNALA
SUJATA JONNAVITTULA, SPSV SUBRAMANYAM
- 30 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SPSV SUBRAMANYAM
SRINIVAS PANNALA, SUJATA JONNAVITTULA
- 30 May 20263 of 3 present2 independent · 105 days in between
- 13 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair MURALI KRISHNA JONNAVITTULA
SUJATA JONNAVITTULA, RAGHAVACHARYA VASUDEVAN
- 30 May 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 Jun 2026.
- PARY & CO.Peer-review certificate valid to Sep 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.
VEDAVAAG Systems 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.VEDAVAAG Systems dividend history
Annual general meeting, 30 Sep 2026
16,784 shareholders on the register on 23 Sep 2026; present: 2 promoters and 64 others; votes counted by D. Renuka / D. Renuka.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 37.24% · promoters 100.00% · institutions 0.00% · other public 3.21%
- RE-APPOINTMENT OF MR. ANANTH JONNAVITTULA (DIN: 09300935), AS DIRECTOR OF THE COMPANYOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 37.24% · promoters 100.00% · institutions 0.00% · other public 3.21%
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
- No
- 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 Jun 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 preferential issue sells new shares to chosen investors rather than to the public. 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. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesApr 2025 | – | Financing future growth opportunities & working capital requirements of the Company | – | – | No |