New Risk • Jun 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (91% accrual ratio). Revenue is less than US$1m (₹2.3m revenue, or US$24k). Market cap is less than US$10m (₹111.4m market cap, or US$1.18m). Announcement • May 18
Shanti Guru Industries Limited to Report Fiscal Year 2026 Results on May 27, 2026 Shanti Guru Industries Limited announced that they will report fiscal year 2026 results on May 27, 2026 New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹105.3m market cap, or US$1.14m). Minor Risk Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Announcement • Nov 08
Shanti Guru Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Shanti Guru Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Board Change • Sep 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Bharat Dughar was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 25
Shanti Guru Industries Limited, Annual General Meeting, Sep 26, 2025 Shanti Guru Industries Limited, Annual General Meeting, Sep 26, 2025, at 12:00 Indian Standard Time. New Risk • Aug 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹103.4m market cap, or US$1.18m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • May 20
Shanti Guru Industries Limited to Report Fiscal Year 2025 Results on May 29, 2025 Shanti Guru Industries Limited announced that they will report fiscal year 2025 results on May 29, 2025 New Risk • Apr 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹97.9m market cap, or US$1.15m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Mar 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹93.4m market cap, or US$1.07m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Announcement • Nov 05
Shanti Guru Industries Limited to Report First Half, 2025 Results on Nov 13, 2024 Shanti Guru Industries Limited announced that they will report first half, 2025 results on Nov 13, 2024 Announcement • Sep 20
Shanti Guru Industries Limited Appoints Bharat Kumar Dughar as an Independent Director Shanti Guru Industries Limited announced that at the AGM held on September 20, 2024 approved the appointment of Mr. Bharat Kumar Dughar as an Independent Director of the company. New Risk • Sep 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹326.5m market cap, or US$3.89m). Announcement • Aug 21
Shanti Guru Industries Limited, Annual General Meeting, Sep 20, 2024 Shanti Guru Industries Limited, Annual General Meeting, Sep 20, 2024, at 12:00 Indian Standard Time. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹209.9m market cap, or US$2.52m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • May 18
Shanti Guru Industries Limited to Report Q4, 2024 Results on May 24, 2024 Shanti Guru Industries Limited announced that they will report Q4, 2024 results on May 24, 2024 Announcement • Feb 29
Shanti Guru Industries Limited Appoints Manish Agarwal as Company Secretary and Compliance Officer Shanti Guru Industries Limited at its board meeting held on February 26, 2024, appointed Mr. Manish Agarwal as company secretary and compliance officer with effect from February 26, 2024. Mr. Manish Agarwal Profile: Associate Member of the Institute of company Secretaries of India. (Membership no: A-43467). Announcement • Feb 28
Shanti Guru Industries Limited Announces Resignation of Ritika Agarwal as Company Secretary and Compliance Officer Shanti Guru Industries Limited at its board meeting held on February 26, 2024, accepted the resignation of Ms. Ritika Agarwal as Company Secretary and Compliance officer due to domestic and personal reasons and that she was relived from the services of the company from February 25, 2024. Ms. Ritika Agarwal Profile: Associate Member of the Institute of company Secretaries of India (Membership no: A-35689) and an Associate member of the Institute of Cost Accountants of India. Announcement • Jan 11
Shanti Guru Industries Limited Announces Resignation of Shripal Sanghvi as Chief Executive Officer Shanti Guru Industries Limited announced that Mr. Shripal Sanghvi has resigned as Chief Executive Officer effective from 10 January, 2024 due to personal reasons. Board Change • Dec 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non Executive Independent Director Jayaraman Madhusuthan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 21
Shanti Guru Industries Limited Appoints Ritika Agarwal as Company Secretary and Compliance Officer Shanti Guru Industries Limited at its meeting held on December 21, 2023, appointed Ms. Ritika Agarwal as Company Secretary and Compliance Officer effective from December 21, 2023. Ms. Ritika Agarwal is a qualified Company Secretary. Announcement • Dec 02
Shanti Guru Industries Limited Announces Director Changes The board of directors of Shanti Guru Industries Limited at its meeting held on December 02, 2023, resignation of Mr. Mahipal Sanghvi as Executive Director has been accepted with effect from 2nd December, 2023. At the same time it has been confirmed that Mr. Mahipal Sanghvi shall continue to hold office in the capacity of the Chief Financial Officer of the company. The Board also appointed Mr. Sarthak Sanghvi, son of Mr. Shripal Sanghvi, the Chief Executive officer of the company as Whole-time Director (Executive Director) effective from 27th December 2023 for a period of three years at such terms of remuneration fixed by the Board of Directors. Announcement • Nov 03
Shanti Guru Industries Limited to Report Q2, 2024 Results on Nov 09, 2023 Shanti Guru Industries Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Sep 16
Shanti Guru Industries Limited Announces Board Appointments Shanti Guru Industries Limited at its AGM, held on 15 September, 2023, approved the appointment of Mr. Jayaraman Madhu Suthan, Independent Director: Regularisation of appointment and Mr. Sarthak Sanghvi appointment as Director liable to retire by rotation. Announcement • Aug 24
Shanti Guru Industries Limited, Annual General Meeting, Sep 15, 2023 Shanti Guru Industries Limited, Annual General Meeting, Sep 15, 2023, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements for the year ended 31 March, 2023 together with the Reports of Directors and Auditors thereon; to appoint a directorS; and to discuss other matters. Announcement • May 23
Shanti Guru Industries Limited to Report Fiscal Year 2023 Results on May 29, 2023 Shanti Guru Industries Limited announced that they will report fiscal year 2023 results on May 29, 2023 Announcement • Feb 03
Shanti Guru Industries Limited Announces Resignation of Navratan Mal Lunkar as Independent Director Shanti Guru Industries Limited announced that Mr. Navratan Mal Lunkar has resigned from the post of Independent Director of the company with effect from 3"¢ February 2023 due to personal reasons. There are no other material reasons for his resignation as confirmed by him in his resignation letter. Mr. Navratan Mal Lunkar is at present not a Director in any other company. The Board has accepted his resignation from the close of business hours on ard February, 2023. Board Change • Jan 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Independent Director Navratan Lunkar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Independent Director Navratan Lunkar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Independent Director Navratan Lunkar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 07
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Independent Director Navratan Lunkar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 02
RCL Retail Limited, Annual General Meeting, Sep 15, 2022 RCL Retail Limited, Annual General Meeting, Sep 15, 2022, at 12:00 Indian Standard Time. Board Change • May 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Independent Director Navratan Lunkar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Independent Director Navratan Lunkar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.