Khandwala Securities MD, chairman and AGM
NSE: KHANDSEBSE: 531892Capital MarketsSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹14.75.
27 Oct: open ₹14.99, high ₹17.70, low ₹14.11
- 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. Market capitalisation: how it is worked out
- ₹26 Cr3,916th 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. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- 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. Price to book: how it is worked out
- 0.93
- 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.
- −0.9%
- 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.
- −5.0%
- 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 Sep 2026.
- 0.12
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 5,12479.0% delivered
Khandwala Securities' chairperson is KALPEN SHUKLA and its managing director PARESH J. KHANDWALA, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 18 Sep 2026.
Khandwala Securities 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 directorPARESH J. KHANDWALA
- ChairpersonKALPEN SHUKLA
- Company Secretary and Compliance OfficerAbhishek Joshi
6 directors2 independent2 executive2 non-executive
- PARESH J. KHANDWALA · Managing directorExecutive · joined Feb 1993 · reappointed Sep 2022 · 1 listed board · 1 committee seat
- BHAGYASHREE KHANDWALANon-executive · joined May 2014 · 1 listed board · 1 committee seat
- PRANAV KHANDWALAExecutive · joined Nov 2011 · reappointed Dec 2024 · 1 listed board
- PRATIK KHANDWALANon-executive · joined Aug 2020 · 1 listed board
- KALPEN SHUKLA · ChairpersonIndependent · joined Jan 2024 · reappointed Jan 2024 · 32 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SUZAN VAKILIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 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.
1 director who left
- HOMIAR N VAKIL, left 18 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 10 Aug 20266 of 6 present2 independent · 80 days in between
- 21 May 20266 of 6 present2 independent
Audit Committee
Chair KALPEN SHUKLA
SUZAN VAKIL, BHAGYASHREE KHANDWALA
- 10 Aug 20263 of 3 present2 independent · 80 days in between
- 21 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SUZAN VAKIL
KALPEN SHUKLA, BHAGYASHREE KHANDWALA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KALPEN SHUKLA
PARESH J. KHANDWALA, SUZAN VAKIL
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.
- Pravesh Agarwal & Associates, Chartered AccountantsPeer-review certificate valid to Dec 2028
1 earlier auditor
- Aniket Kulkarni & Associates, Chartered AccountantNamed 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.
Khandwala Securities 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.
Annual general meeting, 18 Sep 2026
4,675 shareholders on the register on 11 Sep 2026; present: 7 promoters and 72 others; votes counted by Bhuwnesh Bansal / Bhuwnesh Bansal & Associates.The company's voting result
- Adoption of Audited Standalone Financial Statements of the Company for the Company for the financial year ended March 31, 2026 together with the Report of the Directors and the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.81% · promoters 94.87% · institutions 0.00% · other public 6.83%
- Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.81% · promoters 94.87% · institutions 0.00% · other public 6.83%
- Appointment of Mrs. Bhagyashree Khandwala (DIN: 02335473) as Director, retiring by rotation and being eligible, offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.81% · promoters 94.87% · institutions 0.00% · other public 6.83%
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.
Postal ballot, 8 Dec 2025, 1 resolution
4,615 shareholders on the register on 31 Oct 2025; votes counted by Bhuwnesh Bansal / Bhuwnesh Bansal and Associates.The company's voting result
- Appointment of Mrs. Suzan Vakil (DIN:11289012) as an Independent Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.69% · promoters 99.95% · institutions 0.00% · other public 26.00%
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 2025, 5 resolutions
4,645 shareholders on the register on 19 Sep 2025; present: 8 promoters and 57 others; votes counted by Bhuwnesh Bansal / Bhuwnesh Bansal & Associates.The company's voting result
Consideration and Adoption of Audited Standalone Financial Statements of the Company for the Company for the financial year ended March 31, 2025 together with the Report of the Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Consideration and Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Appointment of Mr. Pratik Khandwala (DIN:00519147), retiring by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Appointment of Pravesh Agarwal and Associates, Chartered Accountants as the Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Appointment of Bhuwnesh Bansal and Associates, Company Secretaries as Secretarial Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
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 2025, 5 resolutions
4,645 shareholders on the register on 19 Sep 2025; present: 8 promoters and 57 others; votes counted by Bhuwnesh Bansal / Bhuwnesh Bansal & Associates.The company's voting result
Consideration and Adoption of Audited Standalone Financial Statements of the Company for the Company for the financial year ended March 31, 2025 together with the Report of the Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Consideration and Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Appointment of Mr. Pratik Khandwala (DIN:00519147), retiring by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Appointment of Pravesh Agarwal and Associates, Chartered Accountants as the Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
- Appointment of Bhuwnesh Bansal and Associates, Company Secretaries as Secretarial Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.72% · promoters 99.94% · institutions 0.00% · other public 10.59%
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.
Postal ballot, 30 Jun 2025, 1 resolution
4,713 shareholders on the register on 23 May 2025; votes counted by Bhuwnesh Bansal / Bhuwnesh Bansal and Associates.The company's voting result
- Continuation of Mr. Paresh Khandwala (DIN:00112678) as Managing Director of the Company on attaining the age of Seventy YearsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.31% · promoters 99.00% · institutions 0.00% · other public 33.88%
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.
Postal ballot, 15 Feb 2025, 1 resolution
4,654 shareholders on the register on 10 Jan 2025; votes counted by Bhuwnesh Bansal / Bhuwnesh Bansal and Associates.The company's voting result
- Re-appointment of Mr. Pranav Khandwala (DIN: 00519113) as a Whole-time Director of the CompanyOrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 56.35% · promoters 82.36% · institutions 0.00% · other public 32.20%
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, 3 resolutions
Present: 6 promoters and 29 others.
Consideration and Adoption of Audited Standalone Financial Statements of the Company for the Company for the financial year ended March 31, 2024 together with the Report of the Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.11% · promoters 99.98% · institutions 0.00% · other public 23.34%
- Consideration and Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.11% · promoters 99.98% · institutions 0.00% · other public 23.34%
- Appointment of Mrs. Bhagyashree Khandwala (DIN: 02335473), who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.11% · promoters 99.98% · institutions 0.00% · other public 23.34%
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.
Postal ballot, 26 Jun 2024, 1 resolution
- Approval for the Sale/Disposal of the Immovable Property of the CompanySpecial78.86% for21.14% against
Against: promoters 0.00% · institutions 0.00% · other public 46.69%
Turnout: all 87.28% · promoters 100.00% · institutions 0.00% · other public 75.65%
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.