Viram Suvarn MD, chairman, board of directors and AGM
BSE: 540252Consumer DurablesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹9.86.
- Next results date: the board meets on 27 Oct 2026 to consider: quarterly results.
- 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.
- ₹112 Cr2,810th 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 7 Aug 2026
- 14.8
- 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
- 1.8
- 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 7 Aug 2026
- 17.1%
- 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 7 Aug 2026
- 9.8%
- 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
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 3,58,708
Viram Suvarn board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorMAHENDRABHAI RAMNIKLAL SHAH
- ChairpersonSANJAY CHUNILAL VIBHAKAR
5 directors2 independent1 executive2 non-executive
- MAHENDRABHAI RAMNIKLAL SHAH · Managing directorExecutive · joined Jun 2016 · reappointed Aug 2026 · 2 listed boards
- PINAL RAKSHITBHAI SHAHNon-executive · joined Feb 2014 · 1 listed board
- RAKSHIT MAHENDRA SHAHNon-executive · joined Apr 2017 · 1 listed board · 1 committee seat
- SANJAY CHUNILAL VIBHAKAR · ChairpersonIndependent · joined Jun 2021 · reappointed Jun 2026 · 63 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- MANOHARBHAI BHARATBHAI CHUNARAIndependent · joined Oct 2022 · 47 months as independent · 5 listed boards · 4 as independent · 4 committee seats
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
- RAJESHBHAI SHAH, left 21 Apr 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 3 Sep 20265 of 5 present2 independent · 26 days in between
- 7 Aug 20265 of 5 present2 independent · 17 days in between
- 20 Jul 20265 of 5 present2 independent · 53 days in between
- 27 May 20265 of 5 present2 independent
Audit Committee
Chair SANJAY CHUNILAL VIBHAKAR
RAKSHIT MAHENDRA SHAH, MANOHARBHAI BHARATBHAI CHUNARA
- 3 Sep 20263 of 3 present2 independent
- 7 Aug 20263 of 3 present2 independent · 17 days in between
- 27 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair MANOHARBHAI BHARATBHAI CHUNARA
SANJAY CHUNILAL VIBHAKAR, PINAL RAKSHITBHAI SHAH
- 3 Sep 20263 of 3 present2 independent · 26 days in between
- 20 Jul 20263 of 3 present2 independent · 53 days in between
- 27 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SANJAY CHUNILAL VIBHAKAR
PINAL RAKSHITBHAI SHAH, MANOHARBHAI BHARATBHAI CHUNARA
No meeting listed in the filing.
SEXUAL HARASSMENT COMMITTEE
Chair PINAL RAKSHITBHAI SHAH
SANJAY CHUNILAL VIBHAKAR, MANOHARBHAI BHARATBHAI CHUNARA
- 3 Sep 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 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.
Viram Suvarn 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.Viram Suvarn dividend history
Annual general meeting, 28 Sep 2026
41,251 shareholders on the register on 22 Sep 2026; present: 5 promoters and 34 others; votes counted by CS SUSHMITA LUNKAD / S S Lunkad and Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 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 0.01%
Turnout: all 65.97% · promoters 97.64% · institutions 0.00% · other public 7.10%
- To re-appoint Mrs. Pinal Rakshitbhai Shah, who retires by rotation and, being eligible, offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.97% · promoters 97.64% · institutions 0.00% · other public 7.10%
- To appoint M/s. P H Shah and Co., Chartered Accountants, as Statutory Auditors of the Company for five consecutive years, until the conclusion of the 20th Annual General Meeting.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.97% · promoters 97.64% · institutions 0.00% · other public 7.10%
- To re-appoint Mr. Mahendra Ramniklal Shah as Managing Director of the Company for a further period of five years, up to 9th August, 2031OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.97% · promoters 97.64% · institutions 0.00% · other public 7.10%
- To re-appoint Mr. Sanjay Chunilal Vibhakar as an Independent Director of the Company for a second term of five consecutive years, up to 20th June, 2031.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.97% · promoters 97.64% · institutions 0.00% · other public 7.10%
- To appoint M/s. SS Lunkad and Associates, Practising Company Secretaries, as Secretarial Auditors of the Company for five consecutive financial years from FY 2026-27 to FY 2030-31.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.97% · promoters 97.64% · institutions 0.00% · other public 7.10%
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
- 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.
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. 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 30.26 | To meet Working Capital requirement of the Company | 29.76 | 30.00 | No |
| Rights IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 30.26 | General corporate purposes | 0.25 | 0.01 | No |
| Rights IssuesFeb 2026, checked by Brickwork Ratings India Private Limited | 30.26 | Issue Expense | 0.25 | 0.25 | No |