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DB (International) Stock Brokers MD, chairman and AGM

NSE: DBSTOCKBROBSE: 530393Capital MarketsSmall Cap

DB (International) Stock Brokers Limited · Face value ₹2 · Listed May 1995 on BSE, Feb 2012 on NSE
Last close ₹28.22down ₹0.82 (2.82%)BSE ₹29.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹29.04.

30 Oct: open ₹29.00, high ₹29.59, low ₹28.00

52-week range of traded prices to 30 Oct 2026
₹23.15Low, 19 Feb 2026₹48.50High, 8 Jul 2026
Market cap
₹99 Cr2,952nd largest listed
P/E
40.42
P/B
1.28
Dividend yield
Nonein the last 12 months
ROE
3.2%
ROCE
5.9%
Debt to equity
0.02
Volume, NSE
8,31897.1% delivered

DB (International) Stock Brokers' chairperson and managing director is SHIV NARAYAN DAGA and its managing director SHEETAL PERIWAL, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 29 Sep 2026.

DB (International) Stock Brokers 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

  • Chairperson and managing directorSHIV NARAYAN DAGARelated to the promoter
  • Managing directorSHEETAL PERIWAL

9 directors5 independent3 executive1 non-executive

  • SHIV NARAYAN DAGA · Chairperson and managing directorExecutive · joined Feb 1992 · 1 listed board
  • SHEETAL PERIWAL · Managing directorExecutive · joined Jul 2025 · 1 listed board
  • SHIKHA MUNDRAExecutive · joined May 2014 · 1 listed board
  • SACHIN KUMAR RATHINon-executive · joined Feb 2007 · 1 listed board · 1 committee seat
  • HARAK CHAND SOGANIIndependent · joined Jul 2023 · 38 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • CHAKRAWORTY BANSALIndependent · joined Jan 2025 · 20 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • VARUN AGGARWALIndependent · joined Jul 2025 · 14 months as independent · 1 listed board · 1 as independent
  • NAVRATTAN SONIIndependent · joined Jul 2025 · 14 months as independent · 1 listed board · 1 as independent
  • SHILA RATHIIndependent · joined Jul 2025 · 14 months as independent · 1 listed board · 1 as independent · 2 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.

2 directors who left
  • MILAP CHAND BOTHRA, left 21 Jul 2026: Tenure Completion
  • TARUN KANSAL, left 1 Feb 2025: Others

Committees and meetings

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

  • Board

    • 17 Sep 20265 of 9 present2 independent · 13 days in between
    • 3 Sep 20267 of 9 present5 independent · 23 days in between
    • 10 Aug 20268 of 9 present4 independent · 110 days in between
    • 21 Apr 20266 of 10 present3 independent
  • Audit Committee

    Chair CHAKRAWORTY BANSAL

    HARAK CHAND SOGANI, SHILA RATHI

    • 3 Sep 20263 of 3 present3 independent · 23 days in between
    • 10 Aug 20263 of 3 present3 independent · 110 days in between
    • 21 Apr 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair HARAK CHAND SOGANI

    SACHIN KUMAR RATHI, CHAKRAWORTY BANSAL

    • 20 Apr 20262 of 3 present1 independent
  • Stakeholders Relationship Committee

    Chair CHAKRAWORTY BANSAL

    SACHIN KUMAR RATHI, SHILA RATHI

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair SHIV NARAYAN DAGA

    SACHIN KUMAR RATHI, CHAKRAWORTY BANSAL

    • 10 Aug 20263 of 3 present1 independent · 111 days in between
    • 20 Apr 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.

  • ATK and AssociatesPeer-review certificate valid to Jul 2028
1 earlier auditor
  • ATK & AssociatesNamed in filings from Mar 2025 to Dec 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.

DB (International) Stock Brokers 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.DB (International) Stock Brokers dividend history

Annual general meeting, 29 Sep 2026

6,200 shareholders on the register on 22 Sep 2026; present: 6 promoters and 77 others; votes counted by Suryakant Gupta / M/s Surya Gupta & Associates.The company's voting result

  1. To consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, 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 76.22% · promoters 100.00% · institutions 0.00% · other public 59.57%

  2. To re-appoint Mr. Shiv Narayan Daga (DIN: 00072264), Managing Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 76.22% · promoters 100.00% · institutions 0.00% · other public 59.57%

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, 4 Sep 2025, 9 resolutions

6,421 shareholders on the register on 4 Sep 2025; present: 6 promoters and 6,415 others; votes counted by Suryakant Gupta / Surya Gupta & Associates.The company's voting result

  1. To receive, consider and adopt the Audited (Standalone and Consolidated) Financial Statements of the Company for the Financial Year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

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

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

  2. To appoint a director in place of Ms. Shikha Mundra (DIN: 06882693) 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 0.00%

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

  3. To appoint Secretarial Auditors of the Company to hold office from the conclusion of the Board Meeting held on Tuesday, 29th April, 2025 for a Consecutive term of 5 Years from the conclusion of before-mentioned meeting, and to fix their remuneration.MoreLess
    Special
    100.00% for0.00% against

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

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

  4. To approve the appointment of Ms. Sheetal Periwal as Joint Managing Director of the Company
    Special
    100.00% for0.00% against

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

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

  5. Re-appointment of Mr. Shiv Narayan Daga (DIN: 00072264) as Chairman cum Managing Director of the Company.
    Special
    100.00% for0.00% against

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

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

  6. To approve Appointment of Mr. Navratan Soni (DIN: 11205983) as Non-Executive Independent Director of the Company for a term of 5 consecutive year.
    Special
    100.00% for0.00% against

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

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

  7. To approve Appointment of Mr. Varun Aggarwal (DIN: 01988206) as Non-Executive Independent Director of the Company for a term of 5 consecutive years.
    Special
    100.00% for0.00% against

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

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

  8. To approve Appointment of Ms. Shila Rathi (DIN: 06492443) as Non-Executive Independent Director of the Company for a term of 5 consecutive years
    Special
    100.00% for0.00% against

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

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

  9. Alteration in the Articles of Association (“AOA”) of the Company
    Special
    100.00% for0.00% against

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

    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.

Extraordinary general meeting, 14 Apr 2025, 1 resolution

6,063 shareholders on the register on 7 Apr 2025; present: 6 promoters and 127 others; votes counted by Suryakant Gupta Suryakant Gupta Suryakant Gupta SURYAKANT GUPTA / SURYA GUPTA & ASSOCIATES.The company's voting result

  1. Appointment of Chakraworty Bansal as Non - Executive Independent Director
    Special
    100.00% for0.00% against

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

    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.

Annual general meeting, 27 Sep 2024, 5 resolutions

Present: 6 promoters and 93 others.

  1. To receive, consider and adopt the Audited (Standalone & Consolidated) Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Reports of the Board of Directors and Statutory Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.00% · promoters 100.00% · institutions 0.00% · other public 67.09%

  2. To appoint a Director in place of Mr. Sachin Kumar Rathi (DIN: 01013130), 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 79.00% · promoters 100.00% · institutions 0.00% · other public 67.09%

  3. Revision of the Remuneration payable to Ms. Sheetal Periwal, Executive Vice-President 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 79.00% · promoters 100.00% · institutions 0.00% · other public 67.09%

  4. Alteration in the Memorandum of Association (“MOA”) of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 79.00% · promoters 100.00% · institutions 0.00% · other public 67.09%

  5. Alteration in the Articles of Association (“AOA”) of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 79.00% · promoters 100.00% · institutions 0.00% · other public 67.09%

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 2023, 9 resolutions

Present: 6 promoters and 59 others.

  1. To receive, consider and adopt the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the Financial Year ended 31st March, 2023 and the Reports of the Board of Directors and Statutory Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  2. To appoint a Director in place of Ms. Shikha Mundra (DIN: 06882693), who retires by rotation and being eligible offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  3. To appoint Statutory Auditors of the Company to hold office from the conclusion of this AGM till the conclusion of 36th Annual General Meeting and to fix their remuneration.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  4. To approve Appointment of Mr. Himanshu Malhotra (DIN: 06732164) as Non-Executive Independent Director of the Company for a term of 5 consecutive years.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  5. To approve Appointment of Mr. Harak Chand Sogani (DIN: 10236862) as Non-Executive Independent Director of the Company for a term of 5 consecutive years.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  6. To approve Appointment of Mr. Tarun Kansal (DIN: 00574554) as Non-Executive Independent Director of the Company for a term of 5 consecutive years.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  7. To Continue the Appointment of Mr. Shiv Narayan Daga (DIN: 00072264) as Managing Director, upon attaining the age of 70 years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  8. To approve Revision of the Remuneration payable to Mr. Shiv Narayan Daga (DIN: 00072264), Managing 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 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

  9. To Change the terms of appointment of Ms. Shikha Mundra (DIN: 06882693), Director of the Company along with revision in the remuneration payable.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 59.53% · promoters 93.75% · institutions 0.00% · other public 40.17%

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, 10 Nov 2022, 1 resolution

Present: 5 promoters and 62 others.

  1. To revise the borrowing limit from Rs. 100 Crores to Rs. 300 Crores as per section 180(1)(c) of Companies Act, 2013
    Special
    100.00% for0.00% against

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

    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.

Annual general meeting, 29 Sep 2022, 2 resolutions

Present: 5 promoters and 68 others.

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (INCLUDING THE CONSOLIDATED FINANCIAL STATEMENTS) FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022 TOGETHER WITH THE REPORTS OF BOARD OF DIRECTORS AND AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

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

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

  2. TO APPOINT A DIRECTOR IN PLACE OF MR. SACHIN KUMAR RATHI (DIN: 01013130) 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 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.

Annual general meeting, 28 Sep 2021, 3 resolutions

Present: 5 promoters and 61 others.

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (INCLUDING THE CONSOLIDATED FINANCIAL STATEMENTS) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2021 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

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

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

  2. TO APPOINT A DIRECTOR IN PLACE OF MS SHIKHA MUNDRA WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 97.05% · promoters 93.81% · institutions 0.00% · other public 100.00%

  3. TO RE-APPOINT MR. MILAP CHANDRA BOTHRA AS AN INDEPENDENT DIRECTOR
    Special
    100.00% for0.00% against

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

    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

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyMCXSince 3 Jul 2026

    Penalty of Rs. 8.61/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyMCXSince 6 Jul 2026

    Penalty of Rs. 39.95/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyMCXSince 6 Jul 2026

    Penalty of Rs. 78.69/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyNSE Clearing LimitedSince 9 Jul 2026

    Penalty of Rs. 5248.88/- was levied for Regulatory Non-Compliance

    CM Segment - Short reporting
  • Fine or penaltyNSE Clearing LimitedSince 9 Jul 2026

    Penalty of Rs. 15719.33/- was levied for Regulatory Non-Compliance

    F&O SHORT REPORTING PENALTY
  • Fine or penaltyNSE Clearing LimitedSince 16 Jul 2026

    Penalty of Rs. 4.48/- was levied for Regulatory Non-Compliance

    SLB MARGIN SHORTAGE PENALTY
  • Fine or penaltyNSE Clearing LimitedSince 11 Aug 2026

    Penalty of Rs. 53425.84/- was levied for Regulatory Non-Compliance

    CM Segment - Short reporting
  • Fine or penaltyNSE Clearing LimitedSince 11 Aug 2026

    Penalty of Rs. 43046.26/- was levied for Regulatory Non-Compliance

    F&O SHORT REPORTING PENALTY
8 more
  • Fine or penaltyMCXSince 20 Aug 2026

    Penalty of Rs. 243.47/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyMCXSince 3 Sep 2026

    Penalty of Rs. 126.77/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyMCXSince 8 Sep 2026

    Penalty of Rs. 18.36/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyMCXSince 9 Sep 2026

    Penalty of Rs. 45.73/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyNSE Clearing LimitedSince 10 Sep 2026

    Penalty of Rs. 9585.01/- was levied for Regulatory Non-Compliance

    CM Segment - Short reporting
  • Fine or penaltyNSE Clearing LimitedSince 10 Sep 2026

    Penalty of Rs. 13839.75/- was levied for Regulatory Non-Compliance

    F&O SHORT REPORTING PENALTY
  • Fine or penaltyMCXSince 17 Sep 2026

    Penalty of Rs. 3941.19/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS
  • Fine or penaltyMCXSince 25 Sep 2026

    Penalty of Rs. 634.21/- was levied for Regulatory Non-Compliance

    PENALTY ON SHORT - NON COLLECTION OF MARGINS

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
00Dec 2400Mar 2500Jun 2500Sep 2500Dec 2511Mar 2610Jun 2601Sep 26

Open at the quarter's end

0Dec 240Mar 250Jun 250Sep 250Dec 250Mar 261Jun 260Sep 26
At most 1 complaint open, quarter to Jun 2026.
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.