Spectrum Electrical Industries MD, chairman and AGM
NSE: SPECTRUMBSE: 544386Industrial ManufacturingSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹3,869.20.
29 Oct: open ₹4,035.00, high ₹4,062.60, low ₹3,805.00
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 7 Nov 2026 to consider: financial results and other business matters. 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
- ₹6,858 Cr1,131st 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
- Earlier quarters restated in the 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
- Shares changed
- 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
- 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.
- 19.1%
- 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.
- 0.89
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 20,105
Spectrum Electrical Industries' chairperson and managing director is Deepak Suresh Chaudhari, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 30 Sep 2026.
Spectrum Electrical Industries 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 directorDeepak Suresh Chaudhari
- Company Secretary and Compliance OfficerRahul Vasant lavane
8 directors5 independent3 executive
- Deepak Suresh Chaudhari · Chairperson and managing directorExecutive · joined Aug 2008 · 1 listed board · 2 committee seats
- Bharti Deepak ChaudhariExecutive · joined Feb 2014 · 1 listed board
- Devendra Sudhakar RaneExecutive · joined Apr 2017 · 1 listed board · 1 committee seat
- Narendra Daulatrao WaghIndependent · joined May 2018 · reappointed May 2023 · 100 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Kishor Dalu DhakeIndependent · joined Nov 2020 · reappointed Nov 2025 · 70 months as independent · 1 listed board · 1 as independent
- Sanjay Padmakar PawdeIndependent · joined Jul 2018 · reappointed Jul 2023 · 99 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Saurabh Shrikant MalpaniIndependent · joined Aug 2018 · reappointed Aug 2023 · 97 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Priya RathiIndependent · joined Feb 2025 · 19 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 Sep 20265 of 8 present2 independent · 15 days in between
- 4 Sep 20265 of 8 present3 independent · 21 days in between
- 13 Aug 20266 of 8 present3 independent · 19 days in between
- 24 Jul 20265 of 8 present2 independent · 58 days in between
1 earlier meeting
- 26 May 20267 of 8 present4 independent
Audit Committee
Chair Narendra Daulatrao Wagh
Saurabh Shrikant Malpani, Deepak Suresh Chaudhari, Sanjay Padmakar Pawde
- 13 Aug 20263 of 4 present2 independent · 2 days in between
- 26 May 20263 of 4 present2 independent · 50 days in between
- 5 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Kishor Dalu Dhake
Sanjay Padmakar Pawde, Narendra Daulatrao Wagh, Deepak Suresh Chaudhari
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Narendra Daulatrao Wagh
Deepak Suresh Chaudhari, Devendra Sudhakar Rane
No meeting listed in the filing.
Risk Management Committee
Chair Deepak Suresh Chaudhari
Sanjay Padmakar Pawde, Devendra Sudhakar Rane, Pankaj Ravindra Rote
- 23 Jul 20264 of 4 present1 independent · 57 days in between
Corporate Social Responsibility Committee
Chair Narendra Daulatrao Wagh
Deepak Suresh Chaudhari, Sanjay Padmakar Pawde
- 10 Aug 20262 of 3 present1 independent · 17 days in between
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.
- SHARP AARTH & CO LLPPeer-review certificate valid to Jan 2028
1 earlier auditor
- SHARPAARTH & CO.LLPNamed in the filing for the quarter to Mar 2025
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.
Spectrum Electrical Industries 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.Spectrum Electrical Industries dividend history
Annual general meeting, 30 Sep 2026
3,558 shareholders on the register on 23 Sep 2026; present: 3 promoters and 17 others; votes counted by Yuti Nagarkar / Yuti Nagarkar.The company's voting result
To receive, consider and adopt the audited financial statement (Standalone and Consolidated) of the Company for the financial year ended March 31, 2026 together with the report of the Board of Directors and Auditors thereon;MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.71% · promoters 100.00% · institutions 20.56% · other public 26.79%
- To re-appoint Mrs. Bharti Chaudhari, Director (DIN:02759526) who retires by rotation at this meeting and, being eligible, offered herself for reappointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.82% · promoters 100.00% · institutions 20.56% · other public 27.31%
- Ratification of Remuneration payable to Cost Auditors for the Financial Year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.71% · promoters 100.00% · institutions 20.56% · other public 26.79%
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, 20 Aug 2026, 1 resolution
3,810 shareholders on the register on 13 Aug 2026; present: 3 promoters and 19 others; votes counted by Yuti Nagarkar / Yuti Nagarkar.The company's voting result
- To approve, offer, issue and allotment of equity shares and convertible warrants on a preferential basisSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.82% · promoters 100.00% · institutions 96.94% · other public 56.78%
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, 23 Dec 2025, 1 resolution
1,738 shareholders on the register on 14 Nov 2025; votes counted by Yuti Nagarkar / CS Yuti Nagarkar.The company's voting result
- REAPPOINTMENT OF MR KISHOR DHALU DHAKE (DIN:03109754) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR THE SECOND TERM OF FIVE YEARS W.E.F. 6TH NOVEMBER 2025Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.70% · promoters 100.00% · institutions 0.01% · other public 8.80%
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, 5 resolutions
1,804 shareholders on the register on 23 Sep 2025; present: 3 promoters and 17 others; votes counted by Yuti Nagarkar / CS Yuti Nagarkar.The company's voting result
TO RECEIVE, CONSIDER AND ADOPT THE STANDALONE AUDITED ANNUAL FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON 31ST MARCH, 2025 AND REPORTS OF BOARD OF DIRECTORS AND REPORT OF AUDITORS THEREON.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.04% · promoters 100.00% · institutions 0.00% · other public 14.65%
- TO RECEIVE, CONSIDER AND ADOPT THE ANNUAL AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON 31ST MARCH, 2025 AND REPORTS OF AUDITORS THEREON.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.04% · promoters 100.00% · institutions 0.00% · other public 14.65%
- TO APPOINT A DIRECTOR IN PLACE OF MR. DEEPAK SURESH CHAUDHARI (DIN: 00538753), WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING, AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.04% · promoters 100.00% · institutions 0.00% · other public 14.65%
- APPOINTMENT OF CS YUTI NAGARKAR, PRACTICING COMPANY SECRETARY, AS SECRETARIAL AUDITORS OF THE COMPANY FOR A PERIOD OF FIVE YEARSOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.04% · promoters 100.00% · institutions 0.00% · other public 14.65%
RATIFICATION OF REMUNERATION PAYABLE TO M/S. KOLHE & ASSOCIATES, COST AND MANAGEMENT ACCOUNTANTS (FIRM REGISTRATION NO. 003278), APPOINTED AS COST AUDITOR OF THE COMPANY FOR THE FINANCIAL YEAR 2025-26.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.04% · promoters 100.00% · institutions 0.00% · other public 14.65%
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, 9 May 2025, 1 resolution
1,245 shareholders on the register on 28 Mar 2025; votes counted by YUTI NAGARKAR / YUTI NAGARKAR.The company's voting result
- TO APPROVE THE APPOINTMENT OF MRS. PRIYA RATHI (DIN: 10940833) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR A PERIOD OF 5 (FIVE) YEARS WITH EFFECT FROM 11TH FEBRUARY, 2025:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.14% · promoters 95.44% · institutions 0.00% · other public 20.96%
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, 8 Jan 2025, 5 resolutions
1,301 shareholders on the register on 6 Dec 2024; votes counted by YUTI NAGARKAR / YUTI NAGARKAR.The company's voting result
APPROVAL OF THE PROPOSAL FOR MIGRATION OF COMPANY'S LISTED EQUITY SHARES FROM SME SEGMENT OF NATIONAL STOCK EXCHANGE OF INDIA LTD. (NSE) TO THE MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE).MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.68% · promoters 100.00% · institutions 62.68% · other public 53.99%
- APPROVAL OF THE PROPOSAL FOR LISTING OF COMPANY’S EQUITY SHARES FROM SME SEGMENT OF NATIONAL STOCK EXCHANGE OF INDIA LTD. (NSE) TO THE MAIN BOARD OF BSE LIMITED (BSE) BY WAY OF DIRECT LISTING.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.68% · promoters 100.00% · institutions 62.68% · other public 53.99%
- APPROVAL OF THE PROPOSAL TO CREATECHARGE/ MORTGAGE/ PLEDGE/ HYPOTHECATION/ SECURITY ON COMPANY’S ASSETS UP TO Rs. 500 CRORES.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.68% · promoters 100.00% · institutions 62.68% · other public 53.99%
- APPROVAL OF THE PROPOSAL TO BORROW IN EXCESS OF THE LIMITS PROVIDED UNDER SECTION 180 (1)(C) OF THE COMPANIES ACT, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.68% · promoters 100.00% · institutions 62.68% · other public 53.99%
- APPROVAL OF THE PROPOSAL TO MAKE INVESTMENTS, GIVE LOANS, GUARANTEES AND SECURITY IN EXCESS OF LIMITS SPECIFIED UNDER SECTION 186 OF THE COMPANIES ACT, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.68% · promoters 100.00% · institutions 62.68% · other public 53.99%
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, 5 resolutions
Present: 3 promoters and 15 others.
TO RECEIVE, CONSIDER AND ADOPT THE ANNUAL STANDALONE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FORTHE FINANCIAL YEAR ENDED ON 31 ST MARCH, 2024 AND REPORTS OF BOARD OF DIRECTORS AND REPORT OF AUDITORS THEREONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
TO RECEIVE, CONSIDER AND ADOPT THE ANNUAL CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON 31 ST MARCH, 2024 AND REPORTS OF BOARD OF DIRECTORS AND REPORT OF AUDITORS THEREONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
TO APPOINT A DIRECTOR IN PLACE OF MR. DEVENDRA SUDHAKAR RANE (DIN: 06415078), WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING, AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT AS AN EXECUTIVE DIRECTOR OF THE COMPANYMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
TO RE-APPOINT M/S. SHARPAARTH & CO LLP AS THE STATUTORY AUDITORS OF THE COMPANY, AND TO FIX THEIR REMUNERATION AND IN THIS REGARD, MEMBERS ARE REQUESTED TO CONSIDER, AND IF THOUGHT FIT, TO PASS WITH OR WITHOUT MODIFICATION(S) THE FOLLOWING RESOLUTIONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
RATIFICATIONS OF REMUNERATION PAYABLE TO M/S. KOLHE & ASSOCIATES, COST AND MANAGEMENT ACCOUNTANTS (FIRM REGISTRATION NO. 003278), APPOINTED AS COST AUDITOR OF THE COMPANY FOR THE FINANCIAL YEAR 2024-25MoreLess
Ordinary100.00% for0.00% againstAgainst: 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.
Extraordinary general meeting, 15 Jan 2024, 3 resolutions
Present: 3 promoters and 11 others.
- TO OFFER, ISSUE AND ALLOT EQUITY SHARES OF THE COMPANY TO NON-PROMOTER GROUP ON PREFERENTIAL BASIS:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.71% · promoters 100.00% · institutions 0.00% · other public 60.53%
- TO CONSIDER AND APPROVE ISSUE OF 1,07,250 CONVERTIBLE WARRANTS ON A PREFERENTIAL BASISSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 18.26% · promoters 4.58% · institutions 0.00% · other public 60.53%
- APPROVALS FOR ISSUE OF EQUITY SHARES OF THE COMPANY BY WAY OF QUALIFIED INSTITUTIONAL PLACEMENT (QIP)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.71% · promoters 100.00% · institutions 0.00% · other public 60.53%
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 30 Sep 2026, 1 fund house
To receive, consider and adopt the audited financial statement (Standalone and Consolidated) of the Company for the financial year ended March 31, 2026 together with the report of the Board of Directors and Auditors thereon;MoreLess
1 for0 against- To re-appoint Mrs. Bharti Chaudhari, Director (DIN:02759526) who retires by rotation at this meeting and, being eligible, offered herself for reappointment.1 for0 against
- Ratification of Remuneration payable to Cost Auditors for the Financial Year 2026-271 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
- 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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| QIPJan 2024 | 36.55 | Capital Expenditure | 13.75 | 13.75 | No | Audit committee: Reviewed and No Comments |
| QIPJan 2024 | 36.55 | Working Capital Requirements | 22.14 | 22.14 | No | Audit committee: Reviewed and No Comments |
| QIPJan 2024 | 36.55 | General Corporate Purpose | 0.50 | 0.50 | No | Audit committee: Reviewed and No Comments |
| QIPJan 2024 | 36.55 | Issue Expenses | 0.16 | 0.16 | No | Audit committee: Reviewed and No Comments |