Vertoz MD, chairman, board of directors and AGM
NSE: VERTOZIT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹30.55.
- 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.
- ₹262 Cr1,950th 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 13 Aug 2026
- 9.9
- 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 29 May 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.33%
- 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 13 Aug 2026
- 12.5%
- 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 13 Aug 2026
- 11.3%
- 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 29 May 2026
- 0.36
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 58,11769.7% delivered
Vertoz 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 directorHirenkumar Rasiklal Shah
- ChairpersonHarshad Uttamchand Shah
- Company Secretary and Compliance OfficerNupur Joshi
6 directors2 independent2 executive2 non-executive
- Hirenkumar Rasiklal Shah · Managing directorExecutive · joined May 2014 · reappointed Jun 2022 · 1 listed board · 2 committee seats
- Ashish Rasiklal ShahNon-executive · joined Feb 2012 · reappointed Sep 2025 · 1 listed board
- Harshad Uttamchand Shah · ChairpersonNon-executive · joined Jun 2017 · reappointed Jul 2024 · 1 listed board · 1 committee seat
- Rohit Keshavlal VaghadiyaIndependent · joined Sep 2017 · reappointed Sep 2022 · 105 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Rajkumar Chandulal GuptaIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Dimple Hirenkumar ShahExecutive · joined May 2024 · reappointed May 2024 · 1 listed board
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
- 16 Jun 20263 of 6 present1 independent · 17 days in between
- 29 May 20266 of 6 present2 independent · 111 days in between
- 6 Feb 20264 of 6 present2 independent · 16 days in between
- 20 Jan 20266 of 6 present2 independent
Audit Committee
Chair Rohit Keshavlal Vaghadiya
Rajkumar Chandulal Gupta, Hirenkumar Rasiklal Shah
- 16 Jun 20263 of 3 present2 independent
- 29 May 20263 of 3 present2 independent
- 6 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Rohit Keshavlal Vaghadiya
Rajkumar Chandulal Gupta, Harshad Uttamchand Shah
- 29 May 20263 of 3 present2 independent
- 6 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Rohit Keshavlal Vaghadiya
Rajkumar Chandulal Gupta, Harshad Uttamchand Shah, Hirenkumar Rasiklal Shah
- 6 Feb 20264 of 4 present2 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.
- M/s Mittal & AssociatesPeer-review certificate valid to May 2027
1 earlier auditor
- Mittal & AssociatesNamed 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.
Vertoz 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.Vertoz dividend history
Annual general meeting, 29 Sep 2026
66,017 shareholders on the register on 22 Sep 2026; present: 12 promoters and 35 others; votes counted by Mr. Umashankar Hegde / M/s. U. Hegde & Associates.The company's voting result (opens in a new tab)
ORDINARY - To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2026 and the Reports of the Board of Directors and Auditors thereon; b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2026 and the Reports of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.92% · promoters 100.00% · institutions 0.00% · other public 21.21%
- To re-appoint Mr. Harshad Uttamchand Shah (DIN: 07849186), who is liable to retire by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 71.92% · promoters 100.00% · institutions 0.00% · other public 21.21%
- To re-appoint Mr. Hirenkumar Rasiklal Shah (DIN: 00092739) as Managing Director for a further term of five (5) consecutive yearsSpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 13.87% · promoters 10.43% · institutions 0.00% · other public 21.21%
- To increase in the authorized share capital of the company and consequent alteration in the Memorandum of Association of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 71.92% · promoters 100.00% · institutions 0.00% · other public 21.21%
- To consider and approve issuance of equity shares on a preferential basis for consideration other than cash pursuant to a share swap arrangement and other matters incidental theretoSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 71.92% · promoters 100.00% · institutions 0.00% · other public 21.21%
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.
Annual general meeting, 30 Sep 2025, 3 resolutions
78,080 shareholders on the register on 23 Sep 2025; present: 12 promoters and 28 others; votes counted by Mr. Umashankar Hegde / M/s. U. Hegde & Associates.The company's voting result (opens in a new tab)
ORDINARY - To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2025 and the Reports of the Board of Directors and Auditors thereon; b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025 and the Reports of Auditors thereon and in this regard, pass the following Resolution(s), as Ordinary Resolution(s).MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.28% · promoters 99.93% · institutions 0.00% · other public 10.83%
- To re-appoint Mr. Ashish Rasiklal Shah (DIN: 00092787), who is liable to retire by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 42.52% · promoters 60.13% · institutions 0.00% · other public 10.83%
- Appointment of Secretarial Auditor.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.28% · promoters 99.93% · institutions 0.00% · other public 10.83%
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, 7 Jun 2025, 1 resolution
92,269 shareholders on the register on 2 May 2025; votes counted by UMASHANKAR HEGDE / U. HEGDE & ASSOCIATES.The company's voting result (opens in a new tab)
Approval of the Consolidation of Equity Shares of the Company from face value of Re. 1/- each to face value of Rs. 10/- each and consequent alteration of the Capital Clause in Memorandum of Association of the Company.MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 66.86% · promoters 99.53% · institutions 22.55% · other public 5.53%
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, 2 Aug 2024, 5 resolutions
Present: 8 promoters and 32 others.The company's voting result (opens in a new tab)
ORDINARY - To receive, consider and adopt:na.tthe Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Reports of the Board of Directors and Auditors thereon;nb.tthe Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Reports of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.11% · promoters 100.00% · institutions 0.00% · other public 23.70%
- ORDINARY - To re-appoint Mr. Harshad Uttamchand Shah (DIN: 07849186), who is liable to retire by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.11% · promoters 100.00% · institutions 0.00% · other public 23.70%
- SPECIAL - Appointment of Mr. Rajkumar Gupta (DIN: 10616896) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.11% · promoters 100.00% · institutions 0.00% · other public 23.70%
- SPECIAL - Appointment of Mrs. Dimple Hirenkumar Shah (DIN: 07788365) as an Executive Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.11% · promoters 100.00% · institutions 0.00% · other public 23.70%
- SPECIAL - Change in designation of Mr. Hirenkumar Rasiklal Shah (DIN: 00092739), Whole-time Director (WTD) to Managing Director (MD) of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.11% · promoters 100.00% · institutions 0.00% · other public 23.70%
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, 24 Jun 2024, 3 resolutions
Present: 7 promoters and 26 others.The company's voting result (opens in a new tab)
- To increase the authorised share capital and subsequent alteration in the capital clause of the Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.97% · promoters 96.30% · institutions 0.00% · other public 53.29%
- To approve sub-division of equity shares of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.97% · promoters 96.30% · institutions 0.00% · other public 53.29%
- To approve Capitalisation of Securities Premium Account and Issue of Bonus shares to the members of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.97% · promoters 96.30% · institutions 0.00% · other public 53.29%
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, 24 May 2024, 1 resolution
The company's voting result (opens in a new tab)
- Change of name of the Company from ¿Vertoz Advertising Limited¿ to ¿Vertoz Limited¿ and Consequent Alteration of Memorandum of Association and Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 37.57% · promoters 100.00% · institutions 0.00% · other public 0.14%
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, 29 Sep 2023, 9 resolutions
Present: 4 promoters and 27 others.The company's voting result (opens in a new tab)
TO RECEIVE, CONSIDER AND ADOPT na. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2023 and the reports of the Board of Directors and Auditors thereon and nb. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023 and the reports of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
- To appoint a Director in place of Mr. Ashish Rasiklal Shah (DIN: 00092787), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
- Re-appointment of Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
Increase in the limits of Creation of charges on the movable and immovable properties of the Company, both present and future in respect of borrowings under section 180(1)(a) of the Companies Act, 2013MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
- Increase in the Borrowing limitsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
- Increase the limits for the Loans and Investment by the Company in terms of the Provisions Section 186 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
- To approve ¿Vertoz Advertising Limited Employee Stock Option Plan 2023¿ (¿ESOP 2023¿/ ¿Plan¿)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
To approve Grant of Employee Stock Options Under ¿Vertoz Advertising Limited Employee Stock Option Plan 2023¿ to the eligible Employee(s) of Company¿s Group Company including Subsidiary Company(ies), in or outside IndiaMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.59% · promoters 100.00% · institutions 0.00% · other public 1.30%
- To approve Material Related Party TransactionsOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.62% · promoters 0.00% · institutions 0.00% · other public 1.30%
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.
Meeting called by the tribunal, 29 Sep 2023, 1 resolution
Present: 4 promoters and 31 others.The company's voting result (opens in a new tab)
Approval of Scheme of merger by Absorption of Paynx Technologies Private Limited (¿The First Transferor Company¿) and Qualispace Web Services Private Limited (¿The Second Transferor Company¿) with Vertoz Advertising Limited (¿The Transferee Company¿) and their respective Shareholders.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.03% · promoters 100.00% · institutions 0.00% · other public 2.22%
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.