Velan Hotels MD, chairman, board of directors and AGM
BSE: 526755Leisure ServicesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹6.60.
- Under BSE's graded surveillance, stage II, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Next results date: the board meets on 26 Oct 2026 to consider: quarterly results.
- 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 Cr4,201st 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.
- Lossover the last 12 months
- 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.
- Net worth zero or below
- 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 zero or below
- 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 12 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.
- Net worth zero or below
- Volume, BSEVolume. Shares traded on the last trading day.
- 15,766
Velan Hotels 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 directorESWARAMOORTHY VENKATACHALAM MUTHUKUMARA RAMALINGAM
- Company Secretary and Compliance OfficerGARIMA MAHESHWARI
6 directors3 independent2 executive1 non-executive
- ESWARAMOORTHY VENKATACHALAM MUTHUKUMARA RAMALINGAM · Chairperson and managing directorExecutive · joined Mar 1990 · reappointed Aug 2023 · 1 listed board
- MUTHUKUMARARAMALINGAM GAUTHAMExecutive · joined Dec 2001 · reappointed Aug 2025 · 1 listed board
- MUTHUKUMARARAMALINGAM SASIKALANon-executive · joined Mar 2012 · 1 listed board · 1 committee seat
- NAGARAJ SAVEETHKUMAR · Shareholder DirectorIndependent · joined Mar 2021 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- KATPADI MUTHUKRISHNAN ANANTHASAYANAM · Shareholder DirectorIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats
- PACHAIMUTHU KUMAR · Shareholder DirectorIndependent · joined Aug 2024 · 25 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Aug 20266 of 6 present3 independent · 12 days in between
- 12 Aug 20266 of 6 present3 independent · 4 days in between
- 7 Aug 20266 of 6 present3 independent · 76 days in between
- 22 May 20266 of 6 present3 independent · 22 days in between
1 earlier meeting
- 29 Apr 20266 of 6 present3 independent
Audit Committee
Chair NAGARAJ SAVEETHKUMAR
MUTHUKUMARARAMALINGAM SASIKALA, KATPADI MUTHUKRISHNAN ANANTHASAYANAM, PACHAIMUTHU KUMAR
- 12 Aug 20264 of 4 present3 independent · 4 days in between
- 22 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair NAGARAJ SAVEETHKUMAR
MUTHUKUMARARAMALINGAM SASIKALA, KATPADI MUTHUKRISHNAN ANANTHASAYANAM, PACHAIMUTHU KUMAR
- 7 Aug 20264 of 4 present3 independent · 76 days in between
Stakeholders Relationship Committee
Chair NAGARAJ SAVEETHKUMAR
ESWARAMOORTHY VENKATACHALAM MUTHUKUMARA RAMALINGAM, KATPADI MUTHUKRISHNAN ANANTHASAYANAM, PACHAIMUTHU KUMAR
No meeting listed in the filing.
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.
- KRISHAAN AND COPeer-review certificate valid to Jul 2027
1 earlier auditor
- Krishaan & CoNamed 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.
Velan Hotels 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.Velan Hotels dividend history
Annual general meeting, 30 Sep 2026
8,565 shareholders on the register on 23 Sep 2026; present: 3 promoters and 32 others; votes counted by S.Ganesh Viswanathan / S.Ganesh Viswanathan.The company's voting result (opens in a new tab)
To receive, consider and adopt the Balance Sheet as at March 31, 2026 and Statement of Profit and Loss for the year ended on that date, the Cash Flow Statement and the Reports of Directors and AuditorsMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 75.11% · promoters 96.81% · institutions 0.00% · other public 10.03%
- To appoint in place of Mr.M.R.Gautham having DIN-00046187 who retires by rotation and being eligible offers himself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 75.11% · promoters 96.81% · institutions 0.00% · other public 10.03%
- To appoint a Director in place of Mrs.M.Sasikala having DIN 01452586 who retires by rotation and being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 75.11% · promoters 96.81% · institutions 0.00% · other public 10.03%
- Approval of entering Related Party Transaction(s) with Mr.E.V.Muthukumara Ramalingam, Managing DirectorOrdinaryPromoters have an interest in it99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 2.51% · promoters 0.00% · institutions 0.00% · other public 10.03%
- Approval of entering Related Party Transaction(s) with Mr.Muthukumararamalingam Gautham, Executive DirectorOrdinaryPromoters have an interest in it99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 2.51% · promoters 0.00% · institutions 0.00% · other public 10.03%
- Approval of entering Related Party Transaction(s) with Shree Vallee Enterprises Pvt Ltd, a promoter group companyOrdinaryPromoters have an interest in it99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 2.51% · promoters 0.00% · institutions 0.00% · other public 10.03%
- To sale of assets of the Company to related parties / willing purchasersSpecialPromoters have an interest in it99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 2.51% · promoters 0.00% · institutions 0.00% · other public 10.03%
- To consider re-appointment of Mr.Muthukumararamalingam Gautham (Mr.M.R.Gautham) having DIN 00046187 as an Executive DirectorOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 75.11% · promoters 96.81% · institutions 0.00% · other public 10.03%
- To consider re-appointment of Mr.E.V.Muthukumara Ramalingam having DIN 00046166 as Managing DirectorSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 75.11% · promoters 96.81% · institutions 0.00% · other public 10.03%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeThe Assistant Commissioner (ST), Central-1, Assessment Circle, Tirupur, TamilnaduSince 29 Jan 2026The company has remitted entry tax prinicipal amount of Rs.4,31,292/- on 24th June 2026 to the Office of the Assistant Commissioner, Tirupur Central-1, Assessment Circle, Tirupur, Tamilnadu
At the filing before: The Writ Petition was filed at Hon'ble High Court, Madras by the Company against the said Order. The Hon'ble High Court has disposed of the writ petition. As per the order of the Court, the Company has liberty to file an appeal with the Appealate Authority and the recovery of Entry tax alonwith the Penalty and Interest shall be kept on abeyance for a period of 60 days from the order and the Company to secure an appropriate order from the appelate authority to stay further recovery. The Company has filed an appeal at Appealate Authority.MoreLess
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
- 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.