Vision Infra Equipment Solutions MD, chairman and AGM
NSE: VIESLCommercial Services & Supplies
Share price at the NSE close on 29 Oct 2026. Previous close ₹327.00.
29 Oct: open ₹327.00, high ₹327.00, low ₹327.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹812 Cr
- 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
- 12.31
- 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
- 3.09
- 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.
- 30.9%
- 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.
- 1.44
- 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
- 800100.0% delivered
Vision Infra Equipment Solutions' chairperson and managing director is SACHIN VINOD GANDHI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 21 Sep 2026.
Vision Infra Equipment Solutions 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 directorSACHIN VINOD GANDHI
- Company Secretary and Compliance OfficerDipali Rakesh Shah
7 directors3 independent3 executive1 non-executive
- SACHIN VINOD GANDHI · Chairperson and managing directorExecutive · joined Jan 2024 · 33 months as independent · 1 listed board · 2 committee seats
- CHETAN VINOD GANDHIExecutive · joined Jan 2024 · 33 months as independent · 1 listed board
- SAMEER SANJAY GANDHIExecutive · joined Jan 2024 · 33 months as independent · 1 listed board
- KAMLESH POPATLAL BHANDARINon-executive · joined Mar 2024 · 31 months as independent · 1 listed board
- RAHUL RAMKRISHNA MODAKIndependent · joined Jul 2025 · 15 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- ANJALI VIKAS SAPKALIndependent · joined Feb 2024 · reappointed May 2025 · 32 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 4 as chair
- VASANTI MITESH AMBANIIndependent · joined Sep 2026 · 1 month as independent · 4 listed boards · 4 as independent · 3 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 Sep 20266 of 7 present2 independent · 12 days in between
- 9 Sep 20266 of 6 present2 independent · 13 days in between
- 26 Aug 20266 of 6 present2 independent · 39 days in between
- 17 Jul 20266 of 6 present2 independent · 14 days in between
2 earlier meetings
- 2 Jul 20264 of 6 present1 independent · 51 days in between
- 11 May 20266 of 6 present2 independent
Audit Committee
Chair RAHUL RAMKRISHNA MODAK
ANJALI VIKAS SAPKAL, SACHIN VINOD GANDHI
- 17 Jul 20263 of 3 present2 independent · 66 days in between
- 11 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair RAHUL RAMKRISHNA MODAK
ANJALI VIKAS SAPKAL, KAMLESH POPATLAL BHANDARI
- 9 Sep 20263 of 3 present2 independent · 13 days in between
- 11 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair KAMLESH POPATLAL BHANDARI
RAHUL RAMKRISHNA MODAK, SACHIN VINOD GANDHI
- 11 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair SACHIN VINOD GANDHI
RAHUL RAMKRISHNA MODAK, CHETAN VINOD GANDHI
- 26 Aug 20263 of 3 present1 independent · 39 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.
- A D V AND ASSOCIATESPeer-review certificate valid to Feb 2028
1 earlier auditor
- ADV and AssociatesNamed 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.
Vision Infra Equipment Solutions 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.Vision Infra Equipment Solutions dividend history
Annual general meeting, 21 Sep 2026
1,633 shareholders on the register on 11 Sep 2026; present: 7 promoters and 16 others; votes counted by NIKUNJ KANABAR / NIKUNJ KANABAR& ASSOCIATES.
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on 31 March 2026 including Balance Sheet as at 31 March 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.00% · promoters 100.00% · institutions 0.00% · other public 1.16%
To appoint a director in place of Mr. Sameer Sanjay Gandhi (DIN: 09857166), Whole-time Director of the Company, whose office is liable to retire by rotation at this Annual General Meeting and, being eligible, offers himself for re-appointmentMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.00% · promoters 100.00% · institutions 0.00% · other public 1.16%
- To approve Material Related Party Transactions for the Financial Year 2026-27:OrdinaryPromoters have an interest in it97.94% for2.06% against
Against: promoters 0.00% · institutions 0.00% · other public 2.06%
Turnout: all 0.31% · promoters 0.00% · institutions 0.00% · other public 1.17%
- To appoint Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.00% · promoters 100.00% · institutions 0.00% · other public 1.16%
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 and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtVISION INFRA EQUIPMENT L.L.CSince 10 Aug 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Tax disputeAssistant Commissioner of CGST GST PuneSince 31 Jan 2025Prefer Appeal against the order to higher Authority
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.
How money raised was used
Reported for the quarter to Mar 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| OthersJan 2026, checked by CARE Ratings Limited | 33.52 | Expansion of Business (Purchase of Plant and Machinery) | 76.60 | 12.91 | No |
| OthersJan 2026, checked by CARE Ratings Limited | 33.52 | Working Capital requirements of Company, meeting various operational expenditure of the Company. | 25.00 | 19.50 | No |
| OthersJan 2026, checked by CARE Ratings Limited | 33.52 | General corporate purpose | 32.18 | 1.02 | No |
| OthersJan 2026, checked by CARE Ratings Limited | 33.52 | Issue-related expenses | 0.30 | 0.00 | No |