Vraj Iron and Steel MD, chairman, board of directors and AGM
NSE: VRAJBSE: 544204Ferrous MetalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹120.97.
- 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.
- ₹396 Cr1,959th 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 12 Aug 2026
- 11.0
- 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 28 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 average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 8.7%
- 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 12 Aug 2026
- 8.1%
- 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 28 May 2026
- 0.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 17,60683.2% delivered
Vraj Iron and Steel 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 directorVIJAY ANAND JHANWAR
- Company Secretary and Compliance OfficerPriya Namdeo
6 directors3 independent3 executive
- VIJAY ANAND JHANWAR · Chairperson and managing directorExecutive · joined Apr 2012 · reappointed Nov 2023 · 1 listed board · 2 committee seats
- PRASANT KUMAR MOHTAExecutive · joined Aug 2013 · reappointed Jun 2024 · 1 listed board · 1 committee seat
- PRAVEEN SOMANIExecutive · joined Sep 2021 · 1 listed board
- PRAMOD KUMAR VASWANIIndependent · joined Dec 2023 · reappointed Dec 2023 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SUMIT DEBIndependent · joined Dec 2023 · reappointed Dec 2023 · 30 months as independent · 1 listed board · 1 as independent
- SANJEETA MOHTAIndependent · joined Nov 2023 · reappointed Nov 2023 · 31 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
- 28 May 20266 of 6 present3 independent · 13 days in between
- 14 May 20265 of 6 present2 independent · 78 days in between
- 24 Feb 20265 of 6 present2 independent
Audit Committee
Chair SANJEETA MOHTA
PRAMOD KUMAR VASWANI, VIJAY ANAND JHANWAR
- 28 May 20263 of 3 present2 independent · 13 days in between
- 14 May 20263 of 3 present2 independent · 78 days in between
- 24 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SUMIT DEB
SANJEETA MOHTA, PRAMOD KUMAR VASWANI
- 14 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair PRAMOD KUMAR VASWANI
VIJAY ANAND JHANWAR, PRASANT KUMAR MOHTA
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair VIJAY ANAND JHANWAR
PRAVEEN SOMANI, SANJEETA MOHTA
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.
- Amitabh Agrawal & CoPeer-review certificate valid to May 2029
1 earlier auditor
- Amitabh Agrawal and Co.Named 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.
Vraj Iron and Steel 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.Vraj Iron and Steel share news and announcements
Annual general meeting, 12 Sep 2026
33,979 shareholders on the register on 7 Sep 2026; present: 3 promoters and 29 others; votes counted by Abhishek Jain / Abhishek Jain & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended Narch 31, 2026 together with the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 76.16% · promoters 100.00% · institutions 0.00% · other public 5.63%
- To re-appoint Mr. Prasant Kumar Mohta DIN: 06668452 as a Director who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 76.16% · promoters 100.00% · institutions 0.00% · other public 5.63%
- To re-appoint Mr. Praveen Somani DIN: 09297084 as a Whole-Time Director of the company for the period of five consecutive financial years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 76.16% · promoters 100.00% · institutions 0.00% · other public 5.63%
- To ratify the remuneration payable to the Cost Auditors for the Financial Year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 76.16% · promoters 100.00% · institutions 0.00% · other public 5.63%
- To approve the material related party transactions for availing of Guarantee services between the Company and Related Party.OrdinaryPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 1.20% · promoters 0.00% · institutions 0.00% · other public 5.63%
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 2025, 4 resolutions
38,804 shareholders on the register on 18 Sep 2025; present: 4 promoters and 27 others; votes counted by Abhishek Jain / Abhishek Jain & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and consolidated Financial Statements of the Company for the year ended 31st March, 2025 along with the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · other public 2.35%
Turnout: all 75.28% · promoters 100.00% · other public 1.32%
- To Re-appointment of Mr. Vijay Anand Jhanwar (DIN: 00826103), Director who retires by rotation and being eligible, offer herself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · other public 2.54%
Turnout: all 72.26% · promoters 95.99% · other public 1.31%
- To ratify remuneration payable to the Cost Auditor M/s Sanat Joshi & Associates of the Company for F.Y 2025-26Ordinary99.99% for0.01% against
Against: promoters 0.00% · other public 2.54%
Turnout: all 75.28% · promoters 100.00% · other public 1.32%
- To approve the Appointment of M/s Nitin Agrawal & Co., Company Secretary as the Secretarial Auditor of the Company for a term of (05) Five consecutive yearOrdinary99.99% for0.01% against
Against: promoters 0.00% · other public 2.39%
Turnout: all 75.28% · promoters 100.00% · other public 1.32%
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 2024, 3 resolutions
Present: 4 promoters and 27 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company and consolidated financial statements for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider appointment of a director in place of Mr. Praveen Somani (DIN: 09297084), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To ratify remuneration payable to the Cost Auditor of the Company for FY 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.13%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · 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.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltySub Divisional Officer Water Resources Sub Division Bilaspur ChhattisgarhSince 30 Jun 2026
Letter Issued for water charges including penalty thereon for the period May 2006 to June 2026 for non execution of agreement between company and the said Authority.
Charging penalty for withdrawal of ground water for Industrial purposes from May 2006 to June 2026 without executing agreement with the said Authority. - Tax disputeCentral Excise and Custom, The Commissioner and OthersSince 23 Sep 2011Pending before Supreme Court of IndiaAt the filing before: Pending
- Tax disputeViraj Profiles Private LimitedSince 23 Sep 2025Pending at Honable High Court of Judicature at Bombay in its Commercial DivisionAt the filing before: Pending
- Tax disputeViraj Profiles Private LimitedSince 1 Dec 2025
Viraj Profiles Private Limited file a Special Civil Application before the Hon'ble High Court of Gujrat at Ahmedabad, against the order passed by the Hon'ble Regional Director, North Western Region (MCA) Ahmedabad Gujrat in favor of the Company i.e. Vraj Iron and Steel Limited, parties to the suit are Union of India, Regional Director Ahmedabad and Vraj Iron and Steel Limited, the status of case is pending.MoreLess
At the filing before: Pending
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
- Yes
- 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 Mar 2026. 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 |
|---|---|---|---|---|---|
| Public IssuesJul 2024, checked by CARE RATINGS LIMITED | 171.00 | Prepayment or repayment of term loan borrowings availed by our Company | 70.00 | 70.00 | No |
| Public IssuesJul 2024, checked by CARE RATINGS LIMITED | 171.00 | Capital expenditure towards the "Expansion Project" at Bilaspur Plan | 59.50 | 59.50 | No |
| Public IssuesJul 2024, checked by CARE RATINGS LIMITED | 171.00 | General corporate purposes | 22.80 | 23.10 | No |
| Public IssuesJul 2024, checked by CARE RATINGS LIMITED | 171.00 | IPO Issue Expense | 18.70 | 18.40 | No |