Abhishek Corporation MD, chairman, board of directors and AGM

BSE: 532831Textiles & Apparels

Formerly Abhishek Mills

Trading suspended since 14 Dec 2021

Last traded ₹0.57 on 13 Dec 2021

Abhishek Corporation board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Chairperson and managing directorDeepak Chaganlal Choudhari
  • Company Secretary and Compliance OfficerNasima kagadi

7 directors5 independent1 executive1 non-executive

  • Deepak Chaganlal Choudhari · Chairperson and managing directorExecutive · joined Mar 2024 · reappointed Mar 2026 · 2 listed boards · 1 committee seat
  • Madhubala Deepak ChoudhariNon-executive · joined Mar 2024 · reappointed Sep 2026 · 2 listed boards · 1 committee seat
  • Dhruv Narendra Jain · Shareholder DirectorIndependent · joined Mar 2024 · reappointed Mar 2026 · 30 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
  • Veerendra Mohanrao Mane · Shareholder DirectorIndependent · joined Mar 2024 · reappointed Mar 2026 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Mandar Deepak Jadhav · Shareholder DirectorIndependent · joined Mar 2024 · reappointed Mar 2026 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Tausif Gaus Solapure · Shareholder DirectorIndependent · joined Mar 2024 · reappointed Mar 2026 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Prathamesh Mukund Gaikwad · Shareholder DirectorIndependent · joined Aug 2026 · reappointed Aug 2026 · 1 month 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

    • 1 Sep 20267 of 7 present5 independent · 17 days in between
    • 14 Aug 20266 of 6 present4 independent · 56 days in between
    • 18 Jun 20266 of 6 present4 independent · 19 days in between
    • 29 May 20266 of 6 present4 independent · 48 days in between
    1 earlier meeting
    • 10 Apr 20266 of 6 present4 independent

  • Audit Committee

    Chair Dhruv Narendra Jain

    Mandar Deepak Jadhav, Veerendra Mohanrao Mane, Tausif Gaus Solapure

    • 1 Sep 20264 of 4 present4 independent · 17 days in between
    • 14 Aug 20264 of 4 present4 independent · 76 days in between
    • 29 May 20264 of 4 present4 independent

  • Nomination and remuneration committee

    Chair Mandar Deepak Jadhav

    Deepak Chaganlal Choudhari, Veerendra Mohanrao Mane, Dhruv Narendra Jain

    • 1 Sep 20264 of 4 present3 independent · 17 days in between
    • 14 Aug 20264 of 4 present3 independent · 56 days in between
    • 18 Jun 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Veerendra Mohanrao Mane

    Dhruv Narendra Jain, Mandar Deepak Jadhav, Tausif Gaus Solapure

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Tausif Gaus Solapure

    Deepak Chaganlal Choudhari, Mandar Deepak Jadhav, Dhruv Narendra Jain

    • 14 Aug 20264 of 4 present3 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.

  • ARNA & AssociatesPeer-review certificate valid to Apr 2029

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.

Abhishek Corporation 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.Abhishek Corporation share news and announcements

Annual general meeting, 30 Sep 2026

3,780 shareholders on the register on 23 Sep 2026; present: 2 promoters and 25 others; votes counted by CS Shrenik Nagaonkar / Shrenik Nagaonkar & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 the Reports of the Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 1.64% · promoters 0.00% · institutions 0.00% · other public 32.54%

  2. To appoint a director in place of Mrs. Madhubala Deepak Choudhari (DIN 08180531), 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 1.64% · promoters 0.00% · institutions 0.00% · other public 32.54%

  3. Reappointment of M/s. ARNA & Associates, Chartered Accountants, Kolhapur (Registration No.122293W) as a Statutory Auditor of the company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 1.64% · promoters 0.00% · institutions 0.00% · other public 32.54%

  4. Appointment of Mr. Prathamesh Mukund Gaikwad (DIN: 09750896) as a Non-Executive Independent Director of the company
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    100.00% for0.00% against

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

    Turnout: all 1.64% · promoters 0.00% · institutions 0.00% · other public 32.54%

  5. Re-appointment of Mr. Deepak Chaganlal Choudhari (DIN: 03175105) as a Managing Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 1.64% · promoters 0.00% · institutions 0.00% · other public 32.54%

  6. approval of Material Related Party Transaction with Mahaalaxmi Textile
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 1.64% · promoters 0.00% · institutions 0.00% · other public 32.54%

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, 3 resolutions

3,780 shareholders on the register on 22 Sep 2025; present: 2 promoters and 22 others; votes counted by CS Shrenik Nagaonkar / Shrenik Nagaonkar & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025 the Reports of the Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 1.67% · promoters 0.00% · other public 33.27%

  2. To appoint a director in place of Mr. Deepak Chaganlal Choudhari (DIN 03175105), who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 1.67% · promoters 0.00% · other public 33.27%

  3. Approval for appointment of secretarial auditors of the company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 1.67% · promoters 0.00% · other public 33.27%

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, 25 Feb 2025, 2 resolutions

3,781 shareholders on the register on 17 Feb 2025; present: 0 promoters and 23 others; votes counted by CS Shrenik Nagaonkar / Shrenik Nagaonkar & Associates.The company's voting result (opens in a new tab)

  1. Approval for sale of asset of the Company pursuant to the provisions of Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 1.54% · promoters 0.00% · other public 30.66%

  2. Approval for sale of asset of the Company pursuant to the provisions of Section 180(1)(a) and 188 of the Companies Act, 2013 and Regulation 23 and 37A (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 1.54% · promoters 0.00% · other public 30.64%

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 21 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2024 the Reports of the Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 41.45% · promoters 48.43% · institutions 0.00% · other public 31.97%

  2. To appoint director in place of Mrs. Madhubala D. Choudhari (DIN 08180531), 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 41.45% · promoters 48.43% · institutions 0.00% · other public 31.97%

  3. To approval for change of name of the company and consequential alteration to the Memorandum of Association and Articles of Association of the company.
    Special
    100.00% for0.00% against

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

    Turnout: all 41.45% · promoters 48.43% · institutions 0.00% · other public 31.97%

  4. To Approval of material related party transaction(s) with Manibhadra Polycot Private Limited
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 41.45% · promoters 48.43% · institutions 0.00% · other public 31.97%

  5. To Approval of material related party transaction(s) with Mahaalaxmi Textile
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 41.45% · promoters 48.43% · institutions 0.00% · other public 31.97%

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, 14 Jun 2024, 6 resolutions

Present: 3 promoters and 19 others.The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Madhubala D. Choudhari (DIN: 08180531) as a Non-Executive Non-Independent Director of the company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 42.71% · promoters 51.12% · institutions 0.00% · other public 31.26%

  2. Appointment of Mr. Dhruv N. Jain (DIN: 02424260) as a Non-Executive Independent Director of the company for Five Years.
    Special
    100.00% for0.00% against

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

    Turnout: all 42.71% · promoters 51.12% · institutions 0.00% · other public 31.26%

  3. Appointment of Mr. Veerendra M. Mane (DIN: 05340934) as a Non-Executive Independent Director of the company for Five Years.
    Special
    100.00% for0.00% against

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

    Turnout: all 42.71% · promoters 51.12% · institutions 0.00% · other public 31.26%

  4. Appointment of Mr. Mandar D. Jadhav (DIN: 07189931) as a Non-Executive Independent Director of the company for Five Years.
    Special
    100.00% for0.00% against

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

    Turnout: all 42.71% · promoters 51.12% · institutions 0.00% · other public 31.26%

  5. Appointment of Mr. Tausif G. Solapure (DIN: 10548616) as a Non-Executive Independent Director of the company for Five Years.
    Special
    100.00% for0.00% against

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

    Turnout: all 42.71% · promoters 51.12% · institutions 0.00% · other public 31.26%

  6. Regularise the Appointment of Mr. Deepak C. Choudhari (DIN:03175105) as a director of the company and continue for Chairman and Managing Director of the company for Three Years.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 42.71% · promoters 51.12% · institutions 0.00% · other public 31.26%

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 Sep 2023, 4 resolutions

Present: 3 promoters and 16 others.The company's voting result (opens in a new tab)

  1. To adopt Financial Statements as at 31st March, 2023 together with the Directors’ Report and Auditors’ Report thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 43.63% · promoters 51.12% · institutions 0.00% · other public 33.43%

  2. To appoint a Director in place of Mrs. Rama J. Swetta who retires by rotation, and being eligible offers herself for re-appointment.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 43.63% · promoters 51.12% · institutions 0.00% · other public 33.43%

  3. To approve continuation of directorship of Mrs. Rama J. Swetta in terms of Regulation 17(1A) of SEBI(LODR), 2015
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 43.63% · promoters 51.12% · institutions 0.00% · other public 33.43%

  4. To Appoint Mr. Anant Y. Bhide as a Managing Director for Three years.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 43.63% · promoters 51.12% · institutions 0.00% · other public 33.43%

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, 4 resolutions

Present: 4 promoters and 17 others.The company's voting result (opens in a new tab)

  1. To receive ,consider and adopt Financial Statements for the financial year ended 31st March, 2022 and the report of the Directors’ and the Auditors’ thereon.
    Ordinary
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.79% · promoters 100.00% · institutions 0.00% · other public 33.43%

  2. Ordinary Resolution for Appointment of director in place of Mr. Anasaheb R. Mohite who retires by rotation and, being eligible, offers himself for re-appointment
    Ordinary
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.79% · promoters 100.00% · institutions 0.00% · other public 33.43%

  3. Special Resolution for Appointment of Mr. Rajendra Gurav as non-executive independent director for the period of 5 (Five )years
    Special
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.79% · promoters 100.00% · institutions 0.00% · other public 33.43%

  4. Special Resolution for Appointment of Mr. Rajendra Chavan as non-executive independent director for the period of 5 (Five )years
    Special
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.79% · promoters 100.00% · institutions 0.00% · other public 33.42%

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, 30 Sep 2021, 3 resolutions

Present: 4 promoters and 12 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2021 the Reports of the Directors and Auditors thereon. nn
    Ordinary
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.80% · promoters 100.00% · institutions 0.00% · other public 33.45%

  2. To appoint Mrs. Rama J. Swetta who retires by rotation and, being eligible, offers herself for re-appointment
    Ordinary
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.80% · promoters 100.00% · institutions 0.00% · other public 33.45%

  3. To Appoint M/S ARNA Associates as statutory Auditor of the Company for the period of 5 (Five )years
    Ordinary
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.60%

    Turnout: all 71.80% · promoters 100.00% · institutions 0.00% · other public 33.45%

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.

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

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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.