MFL India MD, chairman and AGM
BSE: 526622Transport ServicesSmall Cap
Share price at the BSE close on 28 Oct 2026. Previous close ₹0.39.
28 Oct: open ₹0.39, high ₹0.40, low ₹0.38
- 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
- ₹14 Cr4,345th 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
- 3.23
- 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
- Net worth zero or below
- 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 zero or below
- 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.
- 2.5%
- 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.
- Net worth zero or below
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 1,93,712
MFL India's chairperson and managing director is ANIL THUKRAL, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 29 Sep 2026.
MFL India 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 directorANIL THUKRAL
4 directors2 independent1 executive1 non-executive
- ANIL THUKRAL · Chairperson and managing directorExecutive · joined Apr 2012 · 170 months as independent · 1 listed board · 1 committee seat
- JAFAR AHAMEDNon-executive · joined Sep 2024 · 21 months as independent · 1 listed board · 1 committee seat
- ATUL KUMARIndependent · joined Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- MEENAKSHI AGGARWALIndependent · joined Sep 2024 · 21 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 May 20264 of 4 present2 independent · 26 days in between
- 28 Apr 20264 of 4 present2 independent · 73 days in between
- 13 Feb 20264 of 4 present2 independent
Audit Committee
Chair ATUL KUMAR
ANIL THUKRAL, MEENAKSHI AGGARWAL
- 25 May 20263 of 3 present2 independent · 26 days in between
- 28 Apr 20263 of 3 present2 independent · 73 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair ATUL KUMAR
MEENAKSHI AGGARWAL, JAFAR AHAMED
- 25 May 20263 of 3 present2 independent · 26 days in between
- 28 Apr 20263 of 3 present2 independent · 73 days in between
- 13 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair ATUL KUMAR
MEENAKSHI AGGARWAL, JAFAR AHAMED
- 25 May 20263 of 3 present2 independent · 26 days in between
- 28 Apr 20263 of 3 present2 independent · 73 days in between
- 13 Feb 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.
- V.K Sehgal & AssociatesPeer-review certificate valid to Jun 2026
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.
MFL India 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, 29 Sep 2026
2,01,292 shareholders on the register on 22 Sep 2026; present: 2 promoters and 48 others; votes counted by Amit Agrawal / Amit Agrawal and Associates.The company's voting result
To consider and adopt the Audited Financial Statement including Cash Flow Statements of the Company for the Financial Year ended on March 31, 2026, along with the reports of the Board of Directors and Auditors Report thereon.MoreLess
Ordinary95.24% for4.76% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.76%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.04%
- To appoint a director in place of Mr. Anil Thukral (DIN: 01168540) who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it83.16% for16.84% against
Against: promoters 0.00% · institutions 0.00% · other public 16.84%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.04%
To consider the Appointment of Ms. Shubhani Gupta, Company Secretaries (Membership No. A-60015 and Certificate of Practice No. 27924) as the secretarial Auditor of the Company for a period of five (5) years, commencing from April 01, 2026, until March 31, 2031, to conduct a Secretarial Audit of the Company and to furnish the Secretarial Audit Report.MoreLess
Ordinary89.87% for10.13% againstAgainst: promoters 0.00% · institutions 0.00% · other public 10.13%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.04%
- To approve the Material Related Party Transaction(s) of the Company with Artha Logistics Private Limited.Ordinary83.16% for16.84% against
Against: promoters 0.00% · institutions 0.00% · other public 16.84%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.04%
- To approve Material Related Party Transaction(s) of the Company with Saaverde Logiinfra Private Limited.Ordinary83.16% for16.84% against
Against: promoters 0.00% · institutions 0.00% · other public 16.84%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.04%
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
- Yes
- 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.