Oriental Rail Infrastructure MD, chairman and AGM
NSE: ORIRAILBSE: 531859Industrial ManufacturingSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹117.72.
28 Oct: open ₹117.00, high ₹118.34, low ₹112.22
- 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
- ₹776 Cr1,523rd 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
- 14.99
- 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
- 1.74
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.09%
- 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.
- 12.3%
- 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.
- 11.7%
- 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.
- 0.69
- 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
- 56,28135.2% delivered
Oriental Rail Infrastructure's chairperson and managing director is Saleh Najmuddin Mithiborwala, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 8 Sep 2026.
Oriental Rail Infrastructure 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 directorSaleh Najmuddin Mithiborwala
- Company Secretary and Compliance OfficerHEMALI RACHH
8 directors4 independent4 executive
- Saleh Najmuddin Mithiborwala · Chairperson and managing directorExecutive · joined Oct 1997 · 1 listed board · 2 committee seats
- Vali N. MithiborwalaExecutive · joined Aug 2017 · 1 listed board
- Sheetal Bhavin NagdaIndependent · joined Dec 2021 · 57 months as independent · 3 listed boards · 3 as independent · 3 committee seats
- Dattaprasad UgrankarIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Latif Abdulmalik PiraniIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Amitabh SinhaExecutive · joined Aug 2024 · 0 months as independent · 1 listed board
- Nilesh Vinodchandra ParikhIndependent · joined Jun 2025 · 15 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
- Tahaa S MithiborwalaExecutive · joined Aug 2026 · 0 months as independent · 1 listed board
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.
3 directors who left
- Karim N. Mithiborwala, left 11 Aug 2026: Others
- Suresh Mane, left 12 Jun 2025: Tenure Completion
- Mustufa Saifuddin Pardawala, left 31 Dec 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 Aug 20268 of 8 present4 independent · 3 days in between
- 7 Aug 20267 of 8 present4 independent · 36 days in between
- 1 Jul 20267 of 8 present4 independent · 34 days in between
- 27 May 20267 of 8 present4 independent · 29 days in between
1 earlier meeting
- 27 Apr 20267 of 8 present4 independent
Audit Committee
Chair Nilesh Vinodchandra Parikh
Dattaprasad Ugrankar, Latif Abdulmalik Pirani, Saleh Najmuddin Mithiborwala
- 11 Aug 20264 of 4 present3 independent · 75 days in between
- 27 May 20264 of 4 present3 independent · 29 days in between
- 27 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Nilesh Vinodchandra Parikh
Dattaprasad Ugrankar, Sheetal Bhavin Nagda, Saleh Najmuddin Mithiborwala
- 11 Aug 20264 of 4 present3 independent · 40 days in between
- 1 Jul 20264 of 4 present3 independent · 34 days in between
- 27 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Nilesh Vinodchandra Parikh
Latif Abdulmalik Pirani, Saleh Najmuddin Mithiborwala
- 11 Aug 20263 of 3 present2 independent · 75 days in between
- 27 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Vali N. Mithiborwala
Sheetal Bhavin Nagda, Tahaa S Mithiborwala
- 27 May 20263 of 3 present1 independent
Executive Committee
Chair Vali N. Mithiborwala
Saleh Najmuddin Mithiborwala, Tahaa S Mithiborwala
- 29 Sep 20263 of 3 present0 independent · 7 days in between
- 21 Sep 20263 of 3 present0 independent · 31 days in between
- 20 Aug 20263 of 3 present0 independent · 2 days in between
- 17 Aug 20263 of 3 present0 independent · 11 days in between
10 earlier meetings
- 5 Aug 20263 of 3 present0 independent · 10 days in between
- 25 Jul 20263 of 3 present0 independent · 6 days in between
- 18 Jul 20263 of 3 present0 independent · 4 days in between
- 13 Jul 20263 of 3 present0 independent · 19 days in between
- 23 Jun 20263 of 3 present0 independent · 20 days in between
- 2 Jun 20263 of 3 present0 independent · 7 days in between
- 25 May 20263 of 3 present0 independent · 23 days in between
- 1 May 20263 of 3 present0 independent · 8 days in between
- 22 Apr 20263 of 3 present0 independent · 20 days in between
- 1 Apr 20263 of 3 present0 independent
Allotment Committee
Chair Vali N. Mithiborwala
Tahaa S Mithiborwala, Dattaprasad Ugrankar
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.
- M/s. Anil Bansal & AssociatesPeer-review certificate valid to Mar 2027
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.
Oriental Rail Infrastructure 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.Oriental Rail Infrastructure dividend history
Postal ballot, 9 Sep 2026
33,029 shareholders on the register on 7 Aug 2026; votes counted by Mr. Shiv Hari Jalan / Shiv Hari Jalan & Co., Company Secretaries.The company's voting result
- To consider and approve ratification of shareholders' approval for variation in the utilization of funds raised through the preferential issueSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 60.78% · promoters 94.71% · institutions 0.00% · other public 14.58%
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 Sep 2026, 9 resolutions
33,331 shareholders on the register on 1 Sep 2026; present: 11 promoters and 40 others; votes counted by Shiv Hari Jalan / Shiv Hari Jalan & Co. Company Secretaries.The company's voting result
To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended on March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- To declare final dividend on Equity Shares for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- To appoint a Director in place of Mr. Amitabh Sinha (DIN: 10605264), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- Ratification of remuneration of Cost Auditor.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- Re-appointment of Mrs. Sheetal Nagda (DIN: 07179841) as an Independent Director of the Company for a second term of 5 (five) consecutive years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.11% · promoters 94.71% · institutions 0.00% · other public 12.72%
- Appointment of Mr. Tahaa S Mithiborwala (DIN: 11594638) as Whole-time DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- Approval of Remuneration payable to Mr. Tahaa S Mithiborwala (DIN: 11594638), Whole-time Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- Appointment of Mr. Saleh N Mithiborwala (DIN: 00171171) as Managing Director and who shall continue to serve as Chairperson and Chief Financial Officer of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
- To obtain approval to advance any loan/give guarantee/provide security under section 185 of the Companies act, 2013.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.99% · promoters 94.71% · institutions 0.00% · other public 12.72%
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.
Stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtABOR Projects LLPSince 2 Jul 2026
49.00% bought in the quarter; holding 49.00%, from 0.00%
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.
How money raised was used
Reported for the quarter to Sep 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesFeb 2024, checked by CARE Ratings Limited | 212.20 | – | – | No |