Shemaroo Entertainment CEO, chairman, board of directors and AGM
NSE: SHEMAROOBSE: 538685EntertainmentSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹99.09.
28 Oct: open ₹99.00, high ₹101.09, low ₹97.52
- Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar
- 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
- ₹281 Cr2,152nd 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
- 1.04
- 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.
- −48.6%
- 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.
- −38.3%
- 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.
- 1.12
- 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
- 8,30894.1% delivered
Shemaroo Entertainment's chairperson and managing director is Raman Hirji Maroo, its managing director Atul Hirji Maru and its chief executive Hiren Uday Gada, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 14 Aug 2026.
Shemaroo Entertainment 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 directorRaman Hirji MarooRelated to the promoter
- Managing directorAtul Hirji Maru
- Chief executiveHiren Uday Gada
8 directors4 independent4 executive
- Raman Hirji Maroo · Chairperson and managing directorExecutive · joined Dec 2005 · reappointed Jan 2026 · 1 listed board
- Atul Hirji Maru · Managing directorExecutive · joined Dec 2005 · reappointed Jan 2026 · 1 listed board · 1 committee seat
- Hiren Uday Gada · Chief executiveExecutive · joined May 2008 · reappointed Jan 2026 · 1 listed board · 1 committee seat
- Jai Buddhichand MarooExecutive · joined May 2008 · reappointed May 2024 · 1 listed board
- Sunil Kumar BansalIndependent · joined Jan 2023 · reappointed Jan 2023 · 44 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Abbas Ismail ContractorIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Rajen Hemchand GadaIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent
- Kashmira Nilesh DedhiaIndependent · joined Mar 2025 · reappointed Mar 2025 · 18 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
- Dr CA Reeta Bharat Shah, left 27 Mar 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Jul 20268 of 8 present4 independent · 67 days in between
- 16 May 20268 of 8 present4 independent
Audit Committee
Chair Rajen Hemchand Gada
Hiren Uday Gada, Abbas Ismail Contractor, Kashmira Nilesh Dedhia
- 23 Jul 20264 of 4 present3 independent · 67 days in between
- 16 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Rajen Hemchand Gada
Sunil Kumar Bansal, Kashmira Nilesh Dedhia
- 16 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Sunil Kumar Bansal
Atul Hirji Maru, Kashmira Nilesh Dedhia
- 16 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Sunil Kumar Bansal
Atul Hirji Maru, Hiren Uday Gada
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.
- Mukund M. Chitale & Co.Peer-review certificate valid to Apr 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.
Shemaroo Entertainment 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.Shemaroo Entertainment dividend history
Annual general meeting, 14 Aug 2026
13,945 shareholders on the register on 7 Aug 2026; present: 8 promoters and 40 others; votes counted by Mr. Dipesh Gosar / M/s. Dipesh Gosar & Co., Practicing Company Secretaries.The company's voting result
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2026, together with the Reports of the Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 68.54% · promoters 100.00% · institutions 0.00% · other public 4.00%
- To appoint a Director in place of Mr. Jai Maroo, Executive Director (DIN: 00169399), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 68.54% · promoters 100.00% · institutions 0.00% · other public 4.00%
- To re-appoint Mukund M. Chitale and Co., Chartered Accountants (Firm Registration No. 106655W) as the Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 68.54% · promoters 100.00% · institutions 0.00% · other public 4.00%
- To ratify the remuneration payable to Cost Auditors for the financial year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 68.54% · promoters 100.00% · institutions 0.00% · other public 4.00%
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.
Postal ballot, 28 Jun 2026, 4 resolutions
14,577 shareholders on the register on 22 May 2026; votes counted by Mr. Dipesh Gosar / M/s. Dipesh Gosar & Co..The company's voting result
- To consider and approve remuneration of Ms. Smita Maroo being related party, having place of profit in the Company.OrdinaryPromoters have an interest in it94.05% for5.95% against
Against: promoters 0.00% · institutions 0.00% · other public 5.95%
Turnout: all 1.38% · promoters 0.00% · institutions 0.00% · other public 4.21%
- To consider and approve the appointment and remuneration of Ms. Mansi Maroo being related party, having place of profit in the Company.OrdinaryPromoters have an interest in it94.03% for5.97% against
Against: promoters 0.00% · institutions 0.00% · other public 5.97%
Turnout: all 1.38% · promoters 0.00% · institutions 0.00% · other public 4.21%
- To consider and approve the appointment and remuneration of Ms. Madhuri Gada being related party, having place of profit in the company.OrdinaryPromoters have an interest in it94.06% for5.94% against
Against: promoters 0.00% · institutions 0.00% · other public 5.94%
Turnout: all 1.38% · promoters 0.00% · institutions 0.00% · other public 4.21%
- To consider and approve material related party transaction(s) for provision of financial support by promoter and promoter group director(s).OrdinaryPromoters have an interest in it94.08% for5.92% against
Against: promoters 0.00% · institutions 0.00% · other public 5.92%
Turnout: all 1.38% · promoters 0.00% · institutions 0.00% · other public 4.21%
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 Mar 2026, 1 resolution
14,991 shareholders on the register on 6 Feb 2026; votes counted by Mr. Dipesh Gosar / M/s. Dipesh Gosar & Co..The company's voting result
- ISSUANCE OF EQUITY SHARES TO PROMOTER AND PROMOTERS' GROUP ON PREFERENTIAL BASIS.SpecialPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 0.00% · other public 6.19%
Turnout: all 67.13% · promoters 100.00% · institutions 0.00% · other public 4.59%
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, 19 Sep 2025, 7 resolutions
15,738 shareholders on the register on 12 Sep 2025; present: 8 promoters and 46 others; votes counted by Dilip Bharadiya / M/s. Dilip Bharadiya & Associates.The company's voting result
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2025 together with the Reports of the Directors and the Auditor’s thereon.MoreLess
Ordinary99.64% for0.36% againstAgainst: promoters 0.00% · institutions 0.00% · other public 9.66%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.47%
- To appoint a Director in place of Mr. Jai Maroo (DIN:00169399), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 9.68%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.47%
To ratify remuneration payable to M/s. Joshi Apte and Associates, Cost Accountants, appointed by the Board of Directors of the Company for the financial year 2025 - 26 pursuant to Section 148 of the Companies Act, 2013.MoreLess
Ordinary99.63% for0.37% againstAgainst: promoters 0.00% · institutions 0.00% · other public 9.68%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.47%
- To appoint M/s Dilip Bharadiya & Associates, as Secretarial Auditor of the Company for five consecutive financial years.Ordinary99.64% for0.36% against
Against: promoters 0.00% · institutions 0.00% · other public 9.66%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.47%
- Re-appointment of Mr. Raman Maroo as Managing Director of the Company.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 9.68%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.46%
- Re-appointment of Mr. Atul Maru as Joint Managing Director of the Company.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 9.67%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.47%
- Re-appointment of Mr. Hiren Gada as Whole Time Director & CEO of the Company.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 9.68%
Turnout: all 68.12% · promoters 100.00% · institutions 0.00% · other public 7.47%
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, 16 Jun 2025, 1 resolution
16,021 shareholders on the register on 7 May 2025; votes counted by Dilip Bharadiya / M/s. Dilip Bharadiya & Associates.The company's voting result
Appointment of Ms. Kashmira Nilesh Dedhia (DIN: 00914691) as Non-Executive Independent Director of the Company for consecutive period of five years with effect from from March 24, 2025 to March 23, 2030MoreLess
Special99.89% for0.11% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.17%
Turnout: all 66.98% · promoters 100.00% · institutions 0.00% · other public 4.17%
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 Aug 2024, 3 resolutions
Present: 6 promoters and 27 others.
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2024 together with the Reports of the Directors and the Auditor¿s thereon.MoreLess
Ordinary99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.00% · other public 9.75%
Turnout: all 66.08% · promoters 100.00% · institutions 0.00% · other public 1.21%
- To appoint a Director in place of Mr. Atul Maru (DIN: 00169264), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 9.75%
Turnout: all 66.08% · promoters 100.00% · institutions 0.00% · other public 1.21%
To ratify remuneration payable to M/s. Joshi Apte and Associates, Cost Accountants, appointed by the Board of Directors of the Company for the financial year 2024 - 25 pursuant to Section 148 of the Companies Act, 2013.MoreLess
Ordinary99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.00% · other public 9.75%
Turnout: all 66.08% · promoters 100.00% · institutions 0.00% · other public 1.21%
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, 27 Jul 2024, 3 resolutions
- Appointment of Mr. Rajen Gada (DIN: 01642360) as the Non Executive Independent Director of the Company for consecutive period of five years with effect from May 24, 2024 to May 23, 2029.Special99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 6.79%
Turnout: all 66.85% · promoters 100.00% · institutions 0.00% · other public 3.42%
- Appointment of Mr. Abbas Contractor (DIN: 00637326) as the Non Executive Independent Director of the Company for consecutive period of five years with effect from May 24, 2024 to May 23, 2029.Special99.83% for0.17% against
Against: promoters 0.00% · institutions 0.00% · other public 9.74%
Turnout: all 66.85% · promoters 100.00% · institutions 0.00% · other public 3.42%
- Re-appointment of Mr. Jai Buddhichand Maroo (DIN : 00169399) as the Executive Director of the Company for consecutive period of five years with effect from May 13, 2024 to May 12, 2029.SpecialPromoters have an interest in it99.83% for0.17% against
Against: promoters 0.00% · institutions 0.00% · other public 9.29%
Turnout: all 62.32% · promoters 93.11% · institutions 0.00% · other public 3.42%
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, 28 Aug 2023, 4 resolutions
Present: 5 promoters and 42 others.
To receive, consider and adopt the Audited Financial Statements (including audited Consolidated financial statements) for the financial year ended March 31, 2023 together with the Reports of the Directors and the Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.00%
Turnout: all 66.60% · promoters 100.00% · institutions 0.00% · other public 2.11%
- To appoint a Director in place of Mr. Raman Maroo (DIN: 00169152), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 66.60% · promoters 100.00% · institutions 0.00% · other public 2.11%
To ratify remuneration payable to M/s. Joshi Apte & Associates, Cost Accountants, appointed by the Board of Directors of the Company for the financial year 2022-23 pursuant to Section 148 of the Companies Act, 2013.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 66.60% · promoters 100.00% · institutions 0.00% · other public 2.11%
To ratify remuneration payable to M/s. Joshi Apte & Associates, Cost Accountants, appointed by the Board of Directors of the Company for the financial year 2023-24 pursuant to Section 148 of the Companies Act, 2013.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.00%
Turnout: all 66.60% · promoters 100.00% · institutions 0.00% · other public 2.11%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeUnion of India & Ors.Since 5 Feb 2025On 17/04/2026, the Hon’ble High Court assigned the writ petition to a higher bench, with the interim stay continuing in force.
At the filing before: 1. Order dated February 05, 2025 received on February 05, 2025 passed on reply to Show Cause Notice dated August 02, 2024 from Office of the Principal Commissioner of CGST & CX, Mumbai - East. 2. Writ Filed on 19/04/2025 at Bombay High Court & hearing awaited.MoreLess
- Tax disputeJoint Commissioner of CGST & CX, Mumbai - EastSince 5 Feb 2025On 17/04/2026, the Hon’ble High Court assigned the writ petition to a higher bench, with the interim stay continuing in force.
At the filing before: 1. Order dated February 05, 2025 received on February 05, 2025 passed on reply to Show Cause Notice dated August 02, 2024 from Office of the Principal Commissioner of CGST & CX, Mumbai - East; 2. Appeal Filed in 29/04/2025 before CGST Commissioner (Appeals - II) & hearing under progress; 3. Order dated November 28, 2025 passed by the Commissioner (Appeals II), CGST & Central Excise, Mumbai in respect of the Company’s Appeal Filed in 29/04/2025 and Company has filed an updated Writ Petition at Hon'ble Bombay High Court against the said Order on January 16, 2026.MoreLess
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
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.