Rays of Belief MD and chairman
NSE: MOMSBELIEFBSE: 544906Healthcare Services
Share price at the NSE close on 30 Oct 2026. Previous close ₹261.90.
30 Oct: open ₹262.80, high ₹265.50, low ₹242.20
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹512 Cr
- 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
- No full year
- 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
- No balance sheet
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Sep 2026
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 1,23,768
Rays of Belief's chairperson and managing director is NITINBINDLISH, as filed for the quarter to Sep 2026.
Rays of Belief board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorNITINBINDLISHRelated to the promoter
- Company Secretary and Compliance OfficerMayank Bhargava
5 directors3 independent1 executive1 non-executive
- NITINBINDLISH · Chairperson and managing directorExecutive · joined Apr 2022 · reappointed Apr 2025 · 60 months as independent · 0 listed boards · 2 committee seats
- NITIN AHUJAIndependent · joined Apr 2025 · reappointed Apr 2025 · 60 months as independent · 0 listed boards · 1 as independent
- AFZAL MOHAMMED MODAKNon-executive · joined Mar 2022 · reappointed Mar 2022 · 0 months as independent · 0 listed boards
- BINDUDAMODARANIndependent · joined May 2025 · reappointed May 2025 · 60 months as independent · 0 listed boards · 1 as independent · 1 committee seat
- SUNILKUMARAGARWALIndependent · joined May 2025 · reappointed May 2025 · 60 months as independent · 0 listed boards · 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 Sep 20264 of 5 present2 independent · 23 days in between
- 4 Sep 20264 of 5 present2 independent · 15 days in between
- 19 Aug 20264 of 5 present2 independent · 6 days in between
- 12 Aug 20264 of 5 present2 independent · 29 days in between
4 earlier meetings
- 13 Jul 20264 of 5 present2 independent · 46 days in between
- 27 May 20263 of 5 present2 independent · 27 days in between
- 29 Apr 20263 of 5 present2 independent · 7 days in between
- 21 Apr 20263 of 5 present2 independent
Audit Committee
Chair NITIN AHUJA
BINDUDAMODARAN, NITINBINDLISH
- 28 Sep 20263 of 3 present2 independent · 76 days in between
- 13 Jul 20263 of 3 present2 independent · 47 days in between
- 26 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair NITIN AHUJA
BINDUDAMODARAN, AFZALMOHAMMEDMODAK
- 13 Jul 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair NITIN AHUJA
SUNILKUMARAGARWAL, NITINBINDLISH
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair NITIN AHUJA
AFZALMOHAMMEDMODAK, NITINBINDLISH
No meeting listed in the filing.
IPO Committee
Chair NITINBINDLISH
NITIN AHUJA, AFZALMOHAMMEDMODAK
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputePankaj Kumar and otherSince 11 Apr 2023Pending before the court
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
- No
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.