Vidya Wires MD, chairman, board of directors and AGM
NSE: VIDYAWIRESBSE: 544633Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹88.65.
- 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.
- ₹1,816 Cr1,292nd 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 11 Aug 2026
- 29.0
- 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 12 May 2026
- 3.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Dec 2025
- 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 latest balance sheet's; the one a year before is not on record. The filing of 11 Aug 2026
- 13.1%
- 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 11 Aug 2026
- 15.1%
- 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 12 May 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 10,21,56143.9% delivered
Vidya Wires 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
- ChairpersonSHYAMSUNDAR RATHIRelated to the promoter
- Managing directorSHAILESH RATHI
6 directors3 independent3 executive
- SHYAMSUNDAR RATHI · ChairpersonExecutive · joined Dec 1981 · reappointed Jul 2024 · 1 listed board · 2 committee seats
- SHAILESH RATHI · Managing directorExecutive · joined Jan 2010 · reappointed Jul 2024 · 1 listed board · 1 committee seat
- SHILPA RATHIExecutive · joined Jun 2024 · reappointed Jul 2024 · 1 listed board
- PRASHANT CHANDRAKANT AMINIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 3 listed boards · 1 as independent · 2 committee seats, 2 as chair
- RAJNIKANT CHIMANLAL DIWANIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 2 as chair
- BALVEERMAL KEWALMAL SINGHVIIndependent · joined Oct 2024 · reappointed Oct 2024 · 20 months as independent · 7 listed boards · 7 as independent · 10 committee seats, 4 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
- 12 May 20265 of 6 present2 independent · 55 days in between
- 17 Mar 20266 of 6 present3 independent · 39 days in between
- 5 Feb 20266 of 6 present3 independent
Audit Committee
Chair RAJNIKANT CHIMANLAL DIWAN
BALVEERMAL KEWALMAL SINGHVI, SHYAMSUNDAR RATHI
- 12 May 20263 of 3 present2 independent · 95 days in between
- 5 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair RAJNIKANT CHIMANLAL DIWAN
BALVEERMAL KEWALMAL SINGHVI, PRASHANT CHANDRAKANT AMIN
- 5 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair PRASHANT CHANDRAKANT AMIN
SHYAMSUNDAR RATHI, SHAILESH RATHI
- 19 Feb 20263 of 3 present1 independent · 13 days in between
Corporate Social Responsibility Committee
Chair SHYAMSUNDAR RATHI
SHAILESH RATHI, PRASHANT CHANDRAKANT AMIN
- 12 May 20262 of 3 present0 independent · 81 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.
- O P RATHI & COPeer-review certificate valid to May 2027
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.
Vidya Wires 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.Vidya Wires share news and announcements
Annual general meeting, 18 Sep 2026
87,718 shareholders on the register on 11 Sep 2026; present: 11 promoters and 23 others; votes counted by Dineshkumar G. Bhimani / D. G. Bhimani & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: a. Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026; b. Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.56% · promoters 99.84% · institutions 46.75% · other public 0.71%
- To appoint Mrs. Shilpa Rathi (DIN: 00410092), who retires by rotation, and being eligible, has offered herself for the re- appointmentOrdinary99.90% for0.10% against
Against: promoters 0.00% · institutions 2.61% · other public 3.64%
Turnout: all 75.56% · promoters 99.84% · institutions 46.75% · other public 0.71%
- To appoint M/s. D. G. Bhimani & Associates, Practicing Company Secretaries, Peer Reviewed, as Secretarial Auditor for a term of 5 (five) consecutive years and fix his remuneration.OrdinaryPromoters have an interest in it99.90% for0.10% against
Against: promoters 0.00% · institutions 2.61% · other public 0.15%
Turnout: all 75.56% · promoters 99.84% · institutions 46.75% · other public 0.71%
- To consider and ratify the remuneration payable to M/s. J. B. Mistri & Co., Cost Accountants, as Cost Auditors of the Company for the Financial Year 31st March, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 75.56% · promoters 99.84% · institutions 46.75% · other public 0.71%
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 18 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt: a. Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026; b. Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026MoreLess
1 for0 against- To appoint Mrs. Shilpa Rathi (DIN: 00410092), who retires by rotation, and being eligible, has offered herself for the re- appointment1 for0 against
- To appoint M/s. D. G. Bhimani & Associates, Practicing Company Secretaries, Peer Reviewed, as Secretarial Auditor for a term of 5 (five) consecutive years and fix his remuneration.1 for0 against
- To consider and ratify the remuneration payable to M/s. J. B. Mistri & Co., Cost Accountants, as Cost Auditors of the Company for the Financial Year 31st March, 20271 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeDeputy Commissioner of Income-tax, Central Circle-3, VadodaraSince 29 May 2026As of the quarter ended 30th June, 2026, there has been no change in status since the last announcement (Ongoing)
At the filing before: The Income Tax Department has completed Block Assessment vide order dated 27.05.2026 passed under Section 158BC read with Section 143(3) of the Income Tax Act, determining undisclosed income of Rs.2,92,96,111/- and raising a demand of Rs.1,75,77,666/- on ALCU Industries Private Limited (Wholly Owned Subsidiary of the Company). The said Company had filed an appeal against the aforesaid order before the Commissioner of Income-tax (Appeals) on 20.06.2026, which is pending adjudication. Penalty proceedings initiated pursuant to the said assessment are pending, and the subsidiary has requested the Assessing Officer to keep the same in abeyance till disposal of the appeal against the quantum assessment. Separately, the Income Tax Department has issued a notice under Section 143(2) of the Income Tax Act to the said subsidiary for Assessment Year 2025-26, and the assessment proceedings pursuant thereto are currently pending before the Assessing Officer.MoreLess
- Tax disputeDeputy Commissioner of Income-tax, Central Circle-3, VadodaraSince 31 May 2026As of the quarter ended 30th June, 2026, there has been no change in status since the last announcement (Ongoing)
At the filing before: The Income Tax Department has completed Block Assessment vide order dated 31.05.2026 passed under Section 158BC read with Section 143(3) of the Income Tax Act, determining undisclosed income of Rs.41,21,00,424/- and raising a demand of Rs.24,72,60,254/- on the Company. The Company had filed an appeal against the aforesaid order before the Commissioner of Income-tax (Appeals) on 26.06.2026, which is pending adjudication. Penalty proceedings initiated pursuant to the said assessment are pending, and the Company has requested the Assessing Officer to keep the same in abeyance till disposal of the appeal against the quantum assessment.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.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesDec 2025, checked by Brickwork Ratings India Private Limited | 274.00 | Funding capital expenditure requirements for setting up new project in our subsidiary viz. ALCU Industries Private Limited | 140.00 | 109.83 | No |
| Public IssuesDec 2025, checked by Brickwork Ratings India Private Limited | 274.00 | Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by our Company | 100.00 | 100.00 | No |
| Public IssuesDec 2025, checked by Brickwork Ratings India Private Limited | 274.00 | General corporate purposes/IPO Expenses | 34.00 | 33.10 | No |