VMS TMT MD, chairman, board of directors and AGM
NSE: VMSTMTBSE: 544521Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹42.80.
- 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.
- ₹208 Cr2,308th 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
- 12.3
- 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
- 0.9
- 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 is the latest balance sheet's; the one a year before is not on record. The filing of 13 Aug 2026
- 7.4%
- 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
- 9.4%
- 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. The filing of 29 May 2026
- 1.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 22,27565.3% delivered
VMS TMT 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 directorVARUN MANOJKUMAR JAIN
- Company Secretary and Compliance OfficerShikha Ranjan
6 directors3 independent2 executive1 non-executive
- VARUN MANOJKUMAR JAIN · Chairperson and managing directorExecutive · joined Apr 2022 · 2 listed boards · 2 committee seats
- RISHABH SUNIL SINGHIExecutive · joined Oct 2021 · 1 listed board · 1 committee seat
- MANOJKUMAR JAINNon-executive · joined May 2014 · 2 listed boards · 2 committee seats
- VIVEK DINESH NATHWANIIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 2 as chair
- JASMIN JAYKUMAR DOSHIIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 1 as chair
- VAISHALIBEN SANJAYBHAI JAINIndependent · joined Apr 2026 · reappointed Apr 2026 · 2 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.
1 director who left
- VINODKUMAR BHANWER SINGH, left 29 Apr 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jun 20266 of 6 present3 independent · 2 days in between
- 27 Jun 20266 of 6 present3 independent · 16 days in between
- 10 Jun 20266 of 6 present3 independent · 11 days in between
- 29 May 20266 of 6 present3 independent · 23 days in between
3 earlier meetings
- 5 May 20266 of 6 present3 independent · 5 days in between
- 29 Apr 20265 of 6 present2 independent · 32 days in between
- 27 Mar 20266 of 6 present3 independent
Audit Committee
Chair VIVEK DINESH NATHWANI
JASMIN JAYKUMAR DOSHI, MANOJKUMAR JAIN, VAISHALIBEN SANJAYBHAI JAIN
- 27 Jun 20264 of 4 present3 independent · 28 days in between
- 29 May 20264 of 4 present3 independent · 105 days in between
- 12 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair JASMIN JAYKUMAR DOSHI
VIVEK DINESH NATHWANI, MANOJKUMAR JAIN
- 9 Jun 20263 of 3 present2 independent · 73 days in between
- 27 Mar 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair VAISHALIBEN SANJAYBHAI JAIN
JASMIN JAYKUMAR DOSHI, RISHABH SUNIL SINGHI, VARUN MANOJKUMAR JAIN
- 29 May 20264 of 4 present2 independent · 124 days in between
- 24 Jan 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair VARUN MANOJKUMAR JAIN
RISHABH SUNIL SINGHI, VAISHALIBEN SANJAYBHAI JAIN
- 29 May 20263 of 3 present1 independent · 84 days in between
- 5 Mar 20263 of 3 present1 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.
- SURESH CHANDRA & ASSOCIATESPeer-review certificate valid to Sep 2028
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.
VMS TMT 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.VMS TMT share news and announcements
Annual general meeting, 29 Sep 2026
38,503 shareholders on the register on 22 Sep 2026; present: 5 promoters and 71 others; votes counted by Umesh Ved / Umesh Ved & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements for the Financial Year ended on 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon.Ordinary99.99% for0.01% against
Against: promoters 0.00% · other public 0.37%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
- To appoint a Director in place of Mr. Manojkumar Jain (DIN: 02190018) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · other public 5.53%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
- To Ratify Cost Auditors’ RemunerationOrdinary99.91% for0.09% against
Against: promoters 0.00% · other public 5.53%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
- Appointment of Ms. Vaishaliben Sanjaybhai Jain (DIN: 11450105) as Independent Director of the CompanyOrdinary99.91% for0.09% against
Against: promoters 0.00% · other public 5.57%
Turnout: all 100.00% · promoters 100.00% · other public 100.00%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome tax DepartmentSince 25 Feb 2021Under Proceeding
- Tax disputeIncome tax DepartmentSince 25 Feb 2021Under Proceeding
- Tax disputeGST DepartmentSince 5 Jul 2023Under Proceeding
- Tax disputeGST DepartmentSince 9 Nov 2024Under Proceeding
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 Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount | Reason and comments |
|---|---|---|---|---|---|---|---|
| Public IssuesSep 2025, checked by CARE Ratings Limited | 148.50 | Repayment/ prepayment, in full or part, of all or a portion of certain borrowings availed by our Company; and | 115.00 | 112.19 | Yes | 2.81 | On October 4, 2025, we transferred an amount of Rs.4,019.45 lakhs from the Monitoring Account to our cash credit (“CC”) account maintained with SVC Bank towards repayment of the working capital and term loan facilities availed by us. As at September 30, 2025, the aggregate outstanding amount under such facilities (comprising both the cash credit and term loan limits) was Rs.4,026.40 lakhs. We clarify that we were not permitted to directly remit the repayment amount to the term loan account. Accordingly, the aforesaid amount was first deposited into the CC account, pursuant to which SVC Bank was required to appropriate and transfer the requisite amount to the term loan account for closure. However, SVC Bank did not transfer the amount to the term loan account pending approval from the relevant authority of the Bank. Upon receipt of the requisite approval from the authority, the aforesaid facilities were fully repaid and closed on February 4, 2026. Subsequently, SVC Bank issued a no dues certificate in favour of our Company confirming closure of the said facilities and the same is attached for your reference.MoreLess |
| Public IssuesSep 2025, checked by CARE Ratings Limited | 148.50 | General corporate purposes. | 20.65 | 20.65 | Yes | On October 4, 2025, we transferred an amount of Rs.4,019.45 lakhs from the Monitoring Account to our cash credit (“CC”) account maintained with SVC Bank towards repayment of the working capital and term loan facilities availed by us. As at September 30, 2025, the aggregate outstanding amount under such facilities (comprising both the cash credit and term loan limits) was Rs.4,026.40 lakhs. We clarify that we were not permitted to directly remit the repayment amount to the term loan account. Accordingly, the aforesaid amount was first deposited into the CC account, pursuant to which SVC Bank was required to appropriate and transfer the requisite amount to the term loan account for closure. However, SVC Bank did not transfer the amount to the term loan account pending approval from the relevant authority of the Bank. Upon receipt of the requisite approval from the authority, the aforesaid facilities were fully repaid and closed on February 4, 2026. Subsequently, SVC Bank issued a no dues certificate in favour of our Company confirming closure of the said facilities and the same is attached for your reference.MoreLess | |
| Public IssuesSep 2025, checked by CARE Ratings Limited | 148.50 | Issue related expenses | 12.85 | 12.85 | Yes | On October 4, 2025, we transferred an amount of Rs.4,019.45 lakhs from the Monitoring Account to our cash credit (“CC”) account maintained with SVC Bank towards repayment of the working capital and term loan facilities availed by us. As at September 30, 2025, the aggregate outstanding amount under such facilities (comprising both the cash credit and term loan limits) was Rs.4,026.40 lakhs. We clarify that we were not permitted to directly remit the repayment amount to the term loan account. Accordingly, the aforesaid amount was first deposited into the CC account, pursuant to which SVC Bank was required to appropriate and transfer the requisite amount to the term loan account for closure. However, SVC Bank did not transfer the amount to the term loan account pending approval from the relevant authority of the Bank. Upon receipt of the requisite approval from the authority, the aforesaid facilities were fully repaid and closed on February 4, 2026. Subsequently, SVC Bank issued a no dues certificate in favour of our Company confirming closure of the said facilities and the same is attached for your reference.MoreLess |