Somi Conveyor Beltings logo

Somi Conveyor Beltings MD, chairman and AGM

NSE: SOMICONVEYBSE: 533001Industrial ManufacturingSmall Cap

Somi Conveyor Beltings Limited · Face value ₹10 · Listed Jul 2008 on BSE, Jul 2016 on NSE
Last close ₹75.58down ₹1.55 (2.01%)

Share price at the NSE close on 28 Oct 2026. Previous close ₹77.13.

28 Oct: open ₹74.55, high ₹77.25, low ₹73.30

52-week range of traded prices to 28 Oct 2026
₹71.41Low, 27 Oct 2026₹162.20High, 3 Nov 2025
Market cap
₹89 Cr2,754th largest listed
P/E
20.13
P/B
1.09
Dividend yield
Nonein the last 12 months
ROE
5.6%
ROCE
8.0%
Debt to equity
0.17
Volume, NSE
3,77864.5% delivered

Somi Conveyor Beltings' chairperson and managing director is OM PRAKASH BHANSALI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 30 Sep 2026.

Somi Conveyor Beltings 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 directorOM PRAKASH BHANSALI

8 directors4 independent3 executive1 non-executive

  • OM PRAKASH BHANSALI · Chairperson and managing directorExecutive · joined Jun 2000 · reappointed Jan 2024 · 1 listed board
  • VIMAL BHANSALIExecutive · joined Jun 2000 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • GAURAV BHANSALIExecutive · joined Jun 2000 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • SANTOSH KUMAR JOSHIIndependent · joined Feb 2021 · reappointed Feb 2026 · 67 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • PAYAL DAGANon-executive · joined Sep 2022 · 48 months as independent · 1 listed board
  • REKHA BHANDARIIndependent · joined Oct 2024 · 24 months as independent · 1 listed board · 1 as independent
  • RAJESH GARGIndependent · joined Oct 2025 · 12 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SHASHI MODIIndependent · joined Oct 2025 · 12 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair

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
  • MAHENDRA RAKHECHA, left 1 Oct 2025: Tenure Completion
  • YOGESH MAHESHWARI, left 1 Oct 2025: Tenure Completion
  • SARASWATI CHOUDHARY, left 25 Oct 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 3 Sep 20268 of 8 present4 independent · 22 days in between
    • 11 Aug 20268 of 8 present4 independent · 82 days in between
    • 20 May 20268 of 8 present4 independent · 41 days in between
    • 8 Apr 20268 of 8 present4 independent
  • Audit Committee

    Chair SANTOSH KUMAR JOSHI

    GAURAV BHANSALI, SHASHI MODI

    • 3 Sep 20263 of 3 present2 independent · 22 days in between
    • 11 Aug 20263 of 3 present2 independent · 82 days in between
    • 20 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair SHASHI MODI

    SANTOSH KUMAR JOSHI, RAJESH GARG

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair SHASHI MODI

    VIMAL BHANSALI, RAJESH GARG

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair OM PRAKASH BHANSALI

    VIMAL BHANSALI, RAJESH GARG

    • 3 Sep 20263 of 3 present1 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.

  • SINGHVI & MEHTAPeer-review certificate valid to May 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.

Somi Conveyor Beltings 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.Somi Conveyor Beltings dividend history

Annual general meeting, 30 Sep 2026

8,492 shareholders on the register on 23 Sep 2026; present: 7 promoters and 26 others; votes counted by IRA BAXI / IRA BAXI.The company's voting result

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Director’s and the Auditor’s thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To appoint a Director in place of Mrs. Payal Daga, (DIN: 07134985) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. Approval for ratifying remuneration of Cost Auditor for the financial year 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Extraordinary general meeting, 6 May 2026, 1 resolution

7,866 shareholders on the register on 29 Apr 2026; present: 7 promoters and 26 others; votes counted by IRA BAXI / IRA BAXI.The company's voting result

  1. Re-appointment of Mr. Santosh Kumar Joshi as Non-Executive Independent Director for the second term of five consecutive years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Annual general meeting, 30 Sep 2025, 6 resolutions

7,854 shareholders on the register on 23 Sep 2025; present: 7 promoters and 30 others; votes counted by IRA BAXI / IRA BAXI.The company's voting result

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2025 together with the Reports of the Board of Director’s and the Auditor’s thereonMoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To appoint a Director in place of Mrs. Payal Daga, (DIN: 07134985) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. Approval for ratifying remuneration of Cost Auditor for the financial year 2025-26
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  4. Approval for Appointment of Mr. Rajesh Garg (DIN: 02444529) as Non - Executive Independent Director for the First Term of 5 (Five) consecutive years.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  5. Approval for Appointment of Mrs. Shashi Modi (DIN: 11214079) as Non - Executive Independent Woman Director for the First Term of 5 (Five) consecutive years.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  6. Approval for Appointment of M/s Saharia and Associates, as the Secretarial Auditors of the Company for a term of five (5) consecutive Financial Years i.e from the FY 2025-26 till the FY 2029-30.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Annual general meeting, 30 Sep 2024, 4 resolutions

Present: 7 promoters and 28 others.

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2024 together with the Reports of the Board of Director’s and the Auditor’s thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To appoint a Director in place of Mrs. Payal Daga, (DIN: 07134985) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. Approval for ratifying remuneration of Cost Auditor for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  4. Approval for Appointment of Mrs. Rekha Bhandari (DIN: 10752471) as Non - Executive Independent Woman Director for the First Term of 5 (Five) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Extraordinary general meeting, 8 Jan 2024, 1 resolution

Present: 5 promoters and 27 others.

  1. Approval for Continuation of Employment of Mr. Om Prakash Bhansali (DIN: 00351846) as Managing Director after attaining the age of 70 Years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Annual general meeting, 30 Sep 2023, 5 resolutions

Present: 7 promoters and 25 others.

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2023 together with the Reports of the Board of Director’s and the Auditor’s thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To appoint a Director in place of Mrs. Payal Daga, (DIN: 07134985) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. Approval for Increase in Remuneration of Mr. Om Prakash Bhansali, Managing Director
    SpecialPromoters have an interest in it
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  4. Approval for Increase in Remuneration of Mr. Vimal Bhansali, Whole-Time Director
    SpecialPromoters have an interest in it
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  5. Approval for Increase in Remuneration of Mr. Gaurav Bhansali, Whole-Time Director
    SpecialPromoters have an interest in it
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Extraordinary general meeting, 17 Mar 2023, 1 resolution

Present: 7 promoters and 25 others.

  1. Regularisation of Appointment of Ms. Saraswati Choudhary (DIN: 09835573) As a Director (Non - Executive Independent Director) of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Annual general meeting, 30 Sep 2022, 6 resolutions

Present: 7 promoters and 25 others.

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022, together with the Reports of the Board of Director’s and the Auditor’s thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To Re-Appoint M/s Singhvi & Mehta, Chartered Accountants, Jodhpur (Firm Registration No. 002464W) as the Statutory Auditors of the Company to hold office for a second term of 5 (five) consecutive years commencing from the conclusion of this 22nd AGM till the conclusion of the 27th AGM to be held in the year 2027.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. To Re-Appoint Mr. Om Prakash Bhansali as Managing Director for the period of 5 Years.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  4. To Re-Appoint Mr. Vimal Bhansali as Whole-Time Director for the period of 5 Years.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  5. To Re-Appoint Mr. Gaurav Bhansali as Whole-Time Director for the period of 5 Years.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  6. To Appoint Mrs. Payal Daga as Non-Executive Non-Independent Woman Director of the Company liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeCustom DepartmentSince 7 Jan 2026
    Goods released provisionally upon payment of desired differential duty , final disposal of appeal is yet to decided.
    At the filing before: Appeal filed to CESTAT Dt. 07.01.2026 for demand raised for differential custom duties of Rs. 1.47 Lakhs reg. mis-classification of goods under Custom Act, 1962.
  • Tax disputeGST DepartmentSince 2 Jan 2026
    Appeal pending and final disposal of appeal is yet to be decided.
    At the filing before: Appeal filed before Commissioner (A), SGST, Jodhpur dated 02.01.2026 for demand raised Rs. 13.66 Lakhs u/s 73 of CGST Act on account of various audit paras raised during the audit .

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
00Dec 2400Mar 2500Jun 2500Sep 2500Dec 2500Mar 2600Jun 2600Sep 26

Open at the quarter's end

0Dec 240Mar 250Jun 250Sep 250Dec 250Mar 260Jun 260Sep 26
None open at any 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.