Vivid Mercantile logo

Vivid Mercantile MD, chairman, board of directors and AGM

BSE: 542046RealtySmall Cap

Last close ₹6.02up ₹0.01 (0.17%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹6.01.

52-week range of traded prices to 23 Oct 2026
₹3.98Low, 6 Nov 2025₹8.90High, 4 Feb 2026
Market cap
₹60 Cr3,146th largest listed
P/E
6.0
P/B
1.1
Dividend yield
Nonein the last 12 months
ROE
18.3%
ROCE
13.1%
Debt to equity
0.00
Volume, BSE
5,49,547

Vivid Mercantile 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

  • ChairpersonUMESHBHAI RASIKLAL GOR

6 directors3 independent2 executive1 non-executive

  • UMESHBHAI RASIKLAL GOR · ChairpersonIndependent · joined Sep 2022 · reappointed Sep 2022 · 45 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 2 as chair
  • SATISHKUMAR RAMANLAL GAJJARExecutive · joined Jul 2001 · reappointed Mar 2024 · 1 listed board · 2 committee seats
  • GEETABEN SATISHBHAI GAJJARExecutive · joined Sep 2003 · reappointed Mar 2024 · 1 listed board
  • DHAVAL SATISHKUMAR GAJJARNon-executive · joined Dec 2017 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • AYUSH MANISHBHAI SHAHIndependent · joined Jul 2023 · reappointed Sep 2023 · 35 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • JAYMIN RAKESHKUMAR SHAHIndependent · joined Jul 2023 · reappointed Sep 2023 · 35 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.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 5 Jun 20266 of 6 present3 independent · 7 days in between
    • 28 May 20266 of 6 present3 independent · 62 days in between
    • 26 Mar 20266 of 6 present3 independent · 37 days in between
    • 16 Feb 20266 of 6 present3 independent · 11 days in between
    1 earlier meeting
    • 4 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair UMESHBHAI RASIKLAL GOR

    SATISHKUMAR RAMANLAL GAJJAR, AYUSH MANISHBHAI SHAH

    • 28 May 20263 of 3 present2 independent · 112 days in between
    • 4 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair AYUSH MANISHBHAI SHAH

    UMESHBHAI RASIKLAL GOR, DHAVAL SATISHKUMAR GAJJAR

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair AYUSH MANISHBHAI SHAH

    SATISHKUMAR RAMANLAL GAJJAR, DHAVAL SATISHKUMAR GAJJAR

    • 5 Jun 20263 of 3 present1 independent · 7 days in between
  • Sexual Harassment Committee

    Chair GEETABEN SATISHBHAI GAJJAR

    DHAVAL SATISHKUMAR GAJJAR, SATISHKUMAR RAMANLAL GAJJAR, UMESHBHAI RASIKLAL GOR

    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.

  • Shah Karia & AssociatesPeer-review certificate valid to Aug 2028
1 earlier auditor
  • AKGVG & 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.

Vivid Mercantile 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.Vivid Mercantile share news and announcements

Annual general meeting, 28 Sep 2026

6,048 shareholders on the register on 21 Sep 2026; present: 3 promoters and 34 others; votes counted by Madhav Jayprakash Upadhyay / Madhav Upadhyay and Associates.The company's voting result (opens in a new tab)

  1. The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board and the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.01% · promoters 99.98% · institutions 0.00% · other public 54.08%

  2. To appoint a director in place of Mr. Dhaval Satishkumar Gajjar (DIN: 07772542), 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 59.01% · promoters 99.98% · institutions 0.00% · other public 54.08%

  3. To Appoint M/s. P H Shah and Co., Chartered Accountants, [FRN: 0115464W], as Statutory Auditors of the Company and fix their remuneration
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.01% · promoters 99.98% · institutions 0.00% · other public 54.08%

  4. To Appoint M/s Madhav Upadhyay and Associates, Practicing Company Secretary as Secretarial Auditor of the Company for a term of five years.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.01% · promoters 99.98% · institutions 0.00% · other public 54.08%

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

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
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.