Navkar Corporation chairman and AGM
NSE: NAVKARCORPBSE: 539332Transport ServicesSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹77.20.
30 Oct: open ₹77.26, high ₹77.26, low ₹74.30
- 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
- ₹1,124 Cr1,295th 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
- 23.72
- 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
- 0.57
- 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.
- 2.4%
- 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.
- 3.7%
- 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.
- 0.06
- 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
- 1,95,45362.8% delivered
Navkar Corporation's chairperson is Rinkesh Roy, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 5 Aug 2026.
Navkar Corporation 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
- ChairpersonRinkesh RoyRelated to the promoter
- Company Secretary and Compliance OfficerDeepa Gehani
8 directors4 independent1 executive3 non-executive
- Rinkesh Roy · ChairpersonNon-executive · joined Oct 2024 · 2 listed boards · 1 committee seat
- Lalit SinghviNon-executive · joined Oct 2024 · 2 listed boards · 1 committee seat
- Manish GuptaNon-executive · joined Oct 2024 · 1 listed board · 1 committee seat
- Pooja Hemant GoyalIndependent · joined Dec 2017 · reappointed Dec 2022 · 105 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Amit GargExecutive · joined Nov 2024 · 1 listed board
- Ashok Kumar ThakurIndependent · joined Jan 2017 · reappointed Jan 2022 · 116 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 4 as chair
- Sandeep Kumar SinghIndependent · joined Aug 2018 · reappointed Aug 2023 · 97 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Atul KumarIndependent · joined May 2023 · reappointed Aug 2023 · 40 months as independent · 1 listed board · 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.
5 directors who left
- Karun Kant Dave, left 5 Nov 2024: Others
- Shantilal Jayavantraj Mehta, left 11 Oct 2024: Others
- Nemichand Jayavantraj Mehta, left 11 Oct 2024: Others
- Jayesh Nemichand Mehta, left 11 Oct 2024: Others
- Dinesh Mohanlal Jain, left 11 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 17 Jul 20268 of 8 present4 independent · 87 days in between
- 20 Apr 20268 of 8 present4 independent
Audit Committee
Chair Ashok Kumar Thakur
Pooja Hemant Goyal, Lalit Singhvi
- 17 Jul 20263 of 3 present2 independent · 87 days in between
- 20 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Pooja Hemant Goyal
Ashok Kumar Thakur, Sandeep Kumar Singh, Atul Kumar
- 17 Jul 20264 of 4 present4 independent · 87 days in between
- 20 Apr 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair Ashok Kumar Thakur
Pooja Hemant Goyal, Manish Gupta, Sandeep Kumar Singh
- 20 Apr 20264 of 4 present3 independent
Risk Management Committee
Chair Atul Kumar
Pooja Hemant Goyal, Manish Gupta
- 17 Jul 20263 of 3 present2 independent · 87 days in between
Corporate Social Responsibility Committee
Chair Pooja Hemant Goyal
Sandeep Kumar Singh, Lalit Singhvi, Manish Gupta
- 20 Apr 20264 of 4 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.
- Uttam Abuwala Ghosh & AssociatesPeer-review certificate valid to Mar 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.
Navkar Corporation 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, 5 Aug 2026
61,141 shareholders on the register on 29 Jul 2026; present: 1 promoter and 72 others; votes counted by Alifya Sapatwala / Mehta & Mehta.
- To receive, consider and adopt the 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.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 70.45% · promoters 100.00% · institutions 9.05% · other public 0.13%
- To appoint Mr. Lalit Singhvi (DIN: 05335938), who retires by rotation as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 70.45% · promoters 100.00% · institutions 9.05% · other public 0.13%
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, 17 Nov 2025, 1 resolution
59,702 shareholders on the register on 10 Oct 2025; votes counted by Alifya Sapatwala / Mehta & Mehta.The company's voting result
- Approval for Material Related Party Transaction with JSW Steel LimitedOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 3.68% · promoters 0.00% · institutions 5.52% · other public 12.93%
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, 8 Jul 2025, 3 resolutions
57,209 shareholders on the register on 1 Jul 2025; present: 1 promoter and 80 others; votes counted by Mr. Atul Mehta / Mehta & Mehta.The company's voting result
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025 together with the reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.69%
Turnout: all 70.50% · promoters 100.00% · institutions 5.12% · other public 0.07%
- To appoint Mr. Manish Gupta (DIN: 08567943), who retires by rotation as a director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.69%
Turnout: all 70.50% · promoters 100.00% · institutions 5.12% · other public 0.07%
To approve the appointment of M/s. Ragini Chokshi & Co., Practising Company Secretaries as Secretarial Auditor of the Company for a term of five consecutive years for the financial year 2025-26 to financial year 2029-30 and to fix their remunerationMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.69%
Turnout: all 70.50% · promoters 100.00% · institutions 5.12% · other public 0.07%
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, 13 Dec 2024, 6 resolutions
- Appointment of Mr. Rinkesh Roy (DIN:07404080), as a Chairman (Non-Executive & Non- Independent Director) of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.32% · other public 0.50%
Turnout: all 71.89% · promoters 99.89% · institutions 91.16% · other public 0.31%
- Appointment of Mr. Lalit Singhvi (DIN:05335938), as a Non-Executive & Non-Independent Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.41% · other public 0.50%
Turnout: all 71.89% · promoters 99.89% · institutions 91.16% · other public 0.31%
- Appointment of Mr. Manish Gupta (DIN:08567943), as a Non-Executive & Non-Independent Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.32% · other public 0.50%
Turnout: all 71.89% · promoters 99.89% · institutions 91.16% · other public 0.31%
- Appointment of Mr. Amit Garg (DIN: 00350413), as a DirectorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.32% · other public 0.50%
Turnout: all 71.89% · promoters 99.89% · institutions 91.16% · other public 0.31%
- Appointment of Mr. Amit Garg (DIN: 00350413), as a Whole-Time Director and Approval of the Terms of Remuneration ThereofSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 71.89% · promoters 99.89% · institutions 91.16% · other public 0.31%
- Approval for Shifting of the Registered Office of the Company outside the Local Limits but within the same Jurisdiction of Registrar of CompaniesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.32%
Turnout: all 71.89% · promoters 99.89% · institutions 91.16% · other public 0.31%
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, 23 Sep 2024, 4 resolutions
Present: 11 promoters and 80 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2024 together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.05%
Turnout: all 71.13% · promoters 99.89% · institutions 42.92% · other public 0.26%
- To appoint Mr. Nemichand J Mehta (DIN: 01131811), who retires by rotation as a Director.OrdinaryPromoters have an interest in it99.82% for0.18% against
Against: promoters 0.00% · institutions 18.05% · other public 2.81%
Turnout: all 71.13% · promoters 99.89% · institutions 42.92% · other public 0.26%
- Re-appointment of the Statutory Auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.41%
Turnout: all 71.13% · promoters 99.89% · institutions 42.92% · other public 0.26%
- To re-appoint Mr. Nemichand J Mehta (DIN: 01131811), as Whole-Time Director of the CompanySpecialPromoters have an interest in it99.90% for0.10% against
Against: promoters 0.00% · institutions 9.78% · other public 2.81%
Turnout: all 71.13% · promoters 99.89% · institutions 42.92% · other public 0.26%
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, 10 Aug 2023, 7 resolutions
Present: 10 promoters and 84 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 together with the reports of the Board of Directors and Auditors thereon.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 6.11%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
- Appoint Mr. Jayesh N. Mehta (DIN: 00510313), who retires by rotation as a Director.OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 100.00% · other public 6.14%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
- Re-appoint Mr. Shantilal J. Mehta (DIN 00134162), as Chairman and Managing Director of the Company.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 6.16%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
- Approve change in designation of Mr. Jayesh N. Mehta (DIN: 00510313) from Non-Executive Non-Independent Director to Executive Whole Time Director of the Company.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 6.17%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
- Appoint Mr. Dinesh Mohanlal Jain (DIN: 10043560), as Whole Time Director of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 6.34%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
- Appoint Mr. Atul Kumar (DIN: 09045002), as an Independent Director of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 6.15%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
- Re-appoint Mr. Sandeep K. Singh (DIN: 02814440), as an Independent Director of the Company.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 95.07% · other public 6.16%
Turnout: all 70.57% · promoters 99.89% · institutions 14.79% · other public 0.62%
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, 7 Sep 2022, 4 resolutions
Present: 8 promoters and 103 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 69.25% · promoters 99.88% · institutions 43.01% · other public 0.51%
- To appoint Mr. Nemichand Jayavantraj Mehta (DIN: 01131811), who retires by rotation as a Director.OrdinaryPromoters have an interest in it99.71% for0.29% against
Against: promoters 0.00% · institutions 100.00% · other public 0.95%
Turnout: all 50.05% · promoters 72.07% · institutions 43.01% · other public 0.51%
- To re-appoint Ms. Pooja Hemant Goyal (DIN 07813296), as an Independent Director of the company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.53%
Turnout: all 69.25% · promoters 99.88% · institutions 43.01% · other public 0.51%
- Sale of Business Undertaking on a Slump Sale basis.Special99.79% for0.21% against
Against: promoters 0.00% · institutions 100.00% · other public 1.18%
Turnout: all 69.25% · promoters 99.88% · institutions 43.01% · other public 0.51%
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, 15 Sep 2021, 7 resolutions
Present: 10 promoters and 82 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2021 together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 75.32% · promoters 99.88% · institutions 95.25% · other public 0.50%
- To appoint Mr. Jayesh Nemichand Mehta (DIN: 00510313), who retires by rotation as a Director.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 5.47%
Turnout: all 75.32% · promoters 99.88% · institutions 95.25% · other public 0.50%
- To review, consider and approve the revise remuneration of the Statutory Auditors, Uttam Abuwala Ghosh & Associates (FRN 111184W) Chartered AccountantsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.39%
Turnout: all 75.31% · promoters 99.88% · institutions 95.25% · other public 0.50%
- To re-appoint Mr. Nemichand Jayavantraj Mehta (DIN 01131811), as a Whole Time Director of the company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.03%
Turnout: all 75.31% · promoters 99.88% · institutions 95.25% · other public 0.50%
- To re-appoint Mr. Ashok Kumar Thakur (DIN 07573726), as an Independent Director of the company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.27%
Turnout: all 75.31% · promoters 99.88% · institutions 95.25% · other public 0.50%
- Alteration in the object clause of the Memorandum of Association of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 36.15%
Turnout: all 75.32% · promoters 99.88% · institutions 95.25% · other public 0.50%
- Alteration of Articles of Association with respect to removal of common seal clause.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.32%
Turnout: all 75.32% · promoters 99.88% · institutions 95.25% · other public 0.50%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 17 Nov 2025, 1 fund house
- Approval for Material Related Party Transaction with JSW Steel Limited1 for0 against
Mutual fund votes, meeting of 8 Jul 2025, 1 fund house
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025 together with the reports of the Board of Directors and Auditors thereon.1 for0 against
- To appoint Mr. Manish Gupta (DIN: 08567943), who retires by rotation as a director.1 for0 against
To approve the appointment of M/s. Ragini Chokshi & Co., Practising Company Secretaries as Secretarial Auditor of the Company for a term of five consecutive years for the financial year 2025-26 to financial year 2029-30 and to fix their remunerationMoreLess
1 for0 against
Mutual fund votes, meeting of 13 Dec 2024, 1 fund house
6 proposals
- Appointment of Mr. Rinkesh Roy (DIN:07404080), as a Chairman (Non-Executive & Non- Independent Director) of the Company1 for0 against
- Appointment of Mr. Lalit Singhvi (DIN:05335938), as a Non-Executive & Non-Independent Director of the Company1 for0 against
- Appointment of Mr. Manish Gupta (DIN:08567943), as a Non-Executive & Non-Independent Director of the Company1 for0 against
- Appointment of Mr. Amit Garg (DIN: 00350413), as a Director1 for0 against
- Appointment of Mr. Amit Garg (DIN: 00350413), as a Whole-Time Director and Approval of the Terms of Remuneration Thereof1 for0 against
- Approval for Shifting of the Registered Office of the Company outside the Local Limits but within the same Jurisdiction of Registrar of Companies1 for0 against
Mutual fund votes, meeting of 23 Sep 2024, 1 fund house
4 proposals
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2024 together with the reports of the Board of Directors and Auditors thereon1 for0 against
- To appoint Mr. Nemichand J Mehta (DIN: 01131811), who retires by rotation as a Director.1 for0 against
- Re-appointment of the Statutory Auditors.1 for0 against
- To re-appoint Mr. Nemichand J Mehta (DIN: 01131811), as Whole-Time Director of the Company1 for0 against
Mutual fund votes, meeting of 15 Sep 2021, 1 fund house
7 proposals
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2021 together with the reports of the Board of Directors and Auditors thereon1 for0 against
- To appoint Mr. Jayesh Nemichand Mehta (DIN: 00510313), who retires by rotation as a Director.1 for0 against
- To review, consider and approve the revise remuneration of the Statutory Auditors, Uttam Abuwala Ghosh & Associates (FRN 111184W) Chartered Accountants1 for0 against
- To re-appoint Mr. Nemichand Jayavantraj Mehta (DIN 01131811), as a Whole Time Director of the company.1 for0 against
- To re-appoint Mr. Ashok Kumar Thakur (DIN 07573726), as an Independent Director of the company.1 for0 against
- Alteration in the object clause of the Memorandum of Association of the Company1 for0 against
- Alteration of Articles of Association with respect to removal of common seal clause.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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
- Yes
- 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.