Viviana Power Tech logo

Viviana Power Tech MD, chairman, board of directors and AGM

NSE: VIVIANAConstructionSmall Cap

Last close ₹680.50down ₹17.20 (2.47%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹697.70.

52-week range of traded prices to 23 Oct 2026
₹565.00Low, 27 Jan 2026₹1,136.25High, 24 Oct 2025
Market cap
₹689 Cr1,566th largest listed
P/E
12.3
P/B
5.9
Dividend yield
0.15%
ROE
63.2%
Debt to equity
0.86
Volume, NSE
58,90654.6% delivered

Viviana Power Tech 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

  • Chairperson and managing directorNikesh Kishorchandra Choksi
  • Company Secretary and Compliance OfficerKavaljit Nishant Parmar

8 directors4 independent3 executive1 non-executive

  • Nikesh Kishorchandra Choksi · Chairperson and managing directorExecutive · joined Mar 2017 · 1 listed board · 1 committee seat
  • Richi Nikeshbhai ChoksiExecutive · joined Dec 2014 · 1 listed board · 1 committee seat
  • Priyanka Richi ChoksiExecutive · joined Aug 2024 · 1 listed board
  • Reema Nikesh ChoksiNon-executive · joined May 2022 · 1 listed board
  • Vishal Ranchhodbhai ThakaraniIndependent · joined May 2022 · 49 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Sneha Parth VarmaIndependent · joined May 2022 · 49 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sagar Natvarlal TailorIndependent · joined Jan 2026 · 5 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Laxmi Narayana MishraIndependent · joined Jan 2026 · 5 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 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

    • 25 May 20268 of 8 present4 independent · 26 days in between
    • 28 Apr 20268 of 8 present4 independent · 55 days in between
    • 3 Mar 20268 of 8 present4 independent

  • Audit Committee

    Chair Sneha Parth Varma

    Vishal Ranchhodbhai Thakarani, Laxmi Narayana Mishra, Sagar Natvarlal Tailor, Richi Nikeshbhai Choksi

    • 25 May 20265 of 5 present4 independent · 101 days in between
    • 12 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Vishal Ranchhodbhai Thakarani

    Sneha Parth Varma, Sagar Natvarlal Tailor, Laxmi Narayana Mishra

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Laxmi Narayana Mishra

    Sneha Parth Varma, Vishal Ranchhodbhai Thakarani, Sagar Natvarlal Tailor, Nikesh Kishorchandra Choksi

    • 25 May 20265 of 5 present4 independent · 101 days in between
    • 12 Feb 20263 of 3 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. MUKUND & ROHITPeer-review certificate valid to May 2027
1 earlier auditor
  • MUKUND & ROHITNamed 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.

Viviana Power Tech 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.Viviana Power Tech dividend history

Annual general meeting, 29 Sep 2026

5,929 shareholders on the register on 22 Sep 2026; present: 3 promoters and 35 others; votes counted by KASHYAP SHAH / KASHYAP SHAH & CO..The company's voting result (opens in a new tab)

  1. To consider, approve and adopt the Audited Standalone and Consolidated Financial Statements of the Company together with the schedules and notes attached thereto for the Financial year ended on 31st March, 2026 including the Balance Sheet as at March 31, 2026 and the Statement of Profit and Loss and Cash Flow for the year ended on that date together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.65% · promoters 100.00% · institutions 0.00% · other public 9.58%

  2. To declare final dividend for the financial year ended 31st March 2026, at the rate of 10% (Re. 1/-) per Equity Share.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.65% · promoters 100.00% · institutions 0.00% · other public 9.58%

  3. To appoint a Director in place of Mrs. Priyanka Richi Choksi (DIN 07020969), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.54% · promoters 97.01% · institutions 0.00% · other public 9.58%

  4. To appoint M/s. KSPS & Co LLP (LLPIN-ABC-4707), as Secretarial Auditors of the Company:
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.65% · promoters 100.00% · institutions 0.00% · other public 9.58%

  5. To approve Material Related Party Transaction limits with Viviana Life Spaces Private Limited:
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 2.79% · promoters 0.00% · institutions 0.00% · other public 9.58%

  6. To alter the Articles of Association of the company for insertion of provisions relating to appointment of Nominee Director by Debenture Trustee
    Special
    100.00% for0.00% against

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

    Turnout: all 73.65% · promoters 100.00% · institutions 0.00% · other public 9.58%

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, 5 Mar 2026, 7 resolutions

2,542 shareholders on the register on 30 Jan 2026; votes counted by Anjali Sangtani / SCS and Co. LLP.The company's voting result (opens in a new tab)

  1. To approve the migration of listing/trading of equity shares of the company from emerge platform of National Stock Exchange of India Limited (‘NSE’) to main board of National Stock Exchange of India Limited (‘NSE’) as well as on main board of BSE Limited (‘BSE’).MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 72.53% · promoters 99.85% · institutions 97.44% · other public 6.12%

  2. To Approve the Appointment of Mr. Laxmi Narayana Mishra (DIN: 01952408) as an Independent Director of The Company for a Period of 5 (Five) Years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 72.53% · promoters 99.85% · institutions 97.44% · other public 6.12%

  3. To Approve the Appointment of Mr. Sagar Natvarlal Tailor (DIN: 10725617) as an Independent Director of The Company for a Period of 5 (Five) Years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 72.53% · promoters 99.85% · institutions 97.44% · other public 6.12%

  4. To Approve Increase in Authorised Share Capital of the Company and make consequent alteration in Clause V Of the Memorandum of Association
    Special
    100.00% for0.00% against

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

    Turnout: all 72.53% · promoters 99.85% · institutions 97.44% · other public 6.12%

  5. To approve remuneration limit of Mr. Nikesh Kishorchandra Choksi (DIN: 07762121), Managing Director of the Company
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 5.92% · promoters 5.54% · institutions 97.44% · other public 6.12%

  6. To approve Remuneration limit of Mr. Richi Nikeshbhai Choksi (DIN: 07020977), Whole-Time Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.00%

    Turnout: all 70.57% · promoters 97.08% · institutions 97.44% · other public 6.12%

  7. To approve Remuneration limit of Mrs. Priyanka Richi Choksi (DIN: 07020969), Whole-Time Director of the Company.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.66%

    Turnout: all 70.58% · promoters 97.09% · institutions 97.44% · other public 6.12%

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, 13 Dec 2025, 1 resolution

2,368 shareholders on the register on 7 Nov 2025; votes counted by KASHYAP SHAH / KASHYAP SHAH & CO.The company's voting result (opens in a new tab)

  1. To alter the Object Clause of Memorandum of Association ofthe Company
    Special
    100.00% for0.00% against

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

    Turnout: all 71.09% · promoters 100.00% · institutions 0.00% · other public 1.92%

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, 25 Oct 2025, 1 resolution

2,214 shareholders on the register on 22 Sep 2025; votes counted by KASHYAP SHAH / KASHYAP SHAH & CO.The company's voting result (opens in a new tab)

  1. Issue of Bonus Shares
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.17% · promoters 99.99% · institutions 0.00% · other public 9.74%

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 2025, 4 resolutions

2,214 shareholders on the register on 22 Sep 2025; present: 3 promoters and 16 others; votes counted by KASHYAP SHAH / KASHYAP SHAH & CO.The company's voting result (opens in a new tab)

  1. To consider, approve and adopt the Audited Financial Statements of the Company together with the schedules and notes attached thereto for the financial year ended on 31st March, 2025 including the Balance Sheet as at March 31, 2025 and the Statement of Profit and Loss and Cash Flow for the year ended on that date together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.99% · promoters 99.99% · institutions 0.00% · other public 9.16%

  2. To appoint a Director in place of Mrs. Reema Nikesh Choksi (DIN 09608811), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.97% · promoters 99.99% · institutions 0.00% · other public 9.07%

  3. Approval for increase in limits under Section 180 (1) (a) of the companies act, 2013 for securitization/ direct assignment and creating charge on the assets of the company
    Special
    100.00% for0.00% against

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

    Turnout: all 72.97% · promoters 99.99% · institutions 0.00% · other public 9.07%

  4. Approval for increase in Borrowing Powers limits to The Board Under Section 180(1)(C) Of the Companies Act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 72.97% · promoters 99.99% · institutions 0.00% · other public 9.07%

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, 21 Mar 2025, 1 resolution

1,822 shareholders on the register on 14 Feb 2025; votes counted by KASHYAP SHAH / KASHYAP SHAH & CO..The company's voting result (opens in a new tab)

  1. To alter the Object Clause of Memorandum of Assoclation of the Company: - SPECIAL RESOLUTION
    Special
    100.00% for0.00% against

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

    Turnout: all 70.63% · promoters 97.61% · institutions 0.00% · other public 8.00%

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, 25 Sep 2024, 6 resolutions

Present: 3 promoters and 15 others.The company's voting result (opens in a new tab)

  1. To consider, approve and adopt the Audited Financial Statements of the Company together with the schedules and notes attached thereto for the financial year ended on 31st March, 2024 including the Balance Sheet as at March 31, 2024 and the Statement of Profit and Loss and Cash Flow for the year ended on that date together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.15% · promoters 100.00% · institutions 0.00% · other public 6.61%

  2. To appoint a Director in place of Mr. Richi Nikesh Choksi (DIN 07020977), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.15% · promoters 100.00% · institutions 0.00% · other public 6.61%

  3. Regularization of Mrs. Priyanka Richi Choksi (DIN 07020969) as a Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 75.15% · promoters 100.00% · institutions 0.00% · other public 6.61%

  4. Appointment of Mrs. Priyanka Richi Choksi (DIN 07020969) as a Whole Time Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.40% · promoters 97.62% · institutions 0.00% · other public 6.61%

  5. To increase the Remuneration limit of Mr. Nikesh Kishorchandra Choksi, Managing Director (DIN: 07762121) of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 5.13% · promoters 4.60% · institutions 0.00% · other public 6.61%

  6. To increase the Remuneration limit of Mr. Richi Nikeshbhai Choksi, Whole-time Director (DIN: 07020977) of the Company:
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.53% · promoters 97.79% · institutions 0.00% · other public 6.61%

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, 12 Jul 2024, 2 resolutions

Present: 3 promoters and 10 others.The company's voting result (opens in a new tab)

  1. ISSUANCE oF 3,o8,5oo EQUITY SHARES ON PREFERENTIAL BASIS TO THEnPERSONS BELONGING TO NON.PROMOTER CATEGORY:
    Special
    100.00% for0.00% against

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

    Turnout: all 76.89% · promoters 100.00% · institutions 0.00% · other public 13.16%

  2. ISSUANCE OF 51,500 CONVERTIBLE WARRANTS ON PREFERENTIAL BASIS
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 76.89% · promoters 100.00% · institutions 0.00% · other public 13.16%

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 Jun 2026.

  • Tax disputeState Tax Office GujaratSince 14 Oct 2025
    Ongoing
    At the filing before: Appeal filed against Enforcement Order
  • Tax disputeMr. Parsotam Lalji PatelSince 11 Jun 2026
    Ongoing
    At the filing before: Case filed by Mr. Parsotam Lalji Patel in Nakhatrana Session Court

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

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
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. 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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesApr 202620.00To meet working capital requirements, general corporate purposes and also for creation of Debenture Service Reserve in relation to the Debentures20.0020.00No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.