Adarsh Plant Project MD, chairman, board of directors and AGM
BSE: 526711Fertilizers & AgrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹22.75.
- Under BSE's graded surveillance, stage 0, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹22 Cr3,813th 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.
- Lossover the last 12 months
- 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. The filing of 29 May 2026
- 76.2
- 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. The filing of 10 Aug 2026
- −87.5%
- 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. The filing of 10 Aug 2026
- 1.1%
- 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. The filing of 29 May 2026
- 18.81
- Volume, BSEVolume. Shares traded on the last trading day.
- 6,738
Adarsh Plant Project 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
- ChairpersonNAISHAD PATELRelated to the promoter
- Managing directorATISH PATEL
- Company Secretary and Compliance OfficerDHWANI SHAH
6 directors3 independent1 executive2 non-executive
- NAISHAD PATEL · ChairpersonNon-executive · joined Apr 1994 · reappointed Sep 2025 · 1 listed board · 1 committee seat
- ATISH PATEL · Managing directorExecutive · joined Dec 2004 · reappointed May 2024 · 1 listed board · 1 committee seat
- JYOTIKABEN PATELNon-executive · joined Dec 2004 · reappointed Sep 2026 · 1 listed board
- BIPIN THAKKARIndependent · joined Feb 2023 · reappointed Apr 2023 · 42 months as independent · 1 listed board · 1 as independent · 2 committee seats
- VIPUL RAVALIndependent · joined Feb 2023 · reappointed Apr 2023 · 42 months as independent · 1 listed board · 1 as independent · 3 committee seats, 1 as chair
- CHANDRASHEKHAR S. TRIVEDIIndependent · joined Sep 2024 · 24 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
- 10 Aug 20266 of 6 present3 independent · 73 days in between
- 28 May 20266 of 6 present3 independent
Audit Committee
Chair CHANDRASHEKHAR S. TRIVEDI
BIPIN THAKKAR, VIPUL RAVAL, NAISHAD PATEL
- 10 Aug 20264 of 4 present3 independent · 73 days in between
- 28 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair VIPUL RAVAL
BIPIN THAKKAR, CHANDRASHEKHAR S. TRIVEDI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair CHANDRASHEKHAR S. TRIVEDI
BIPIN THAKKAR, VIPUL RAVAL, ATISH PATEL
No meeting listed in the filing.
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.
- MUKUND & ROHITPeer-review certificate valid to May 2027
1 earlier auditor
- M/s Rajani Shah & Co.Named 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.
Adarsh Plant Project 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.Adarsh Plant Project share news and announcements
Annual general meeting, 19 Sep 2026
5,308 shareholders on the register on 12 Sep 2026; present: 2 promoters and 30 others; votes counted by DINESHKUMAR G. BHIMANI / D. G. Bhimani & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% 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%
- To appoint a Director in place of Mrs. Jyotika Patel (DIN: 00084068), Director who shall retire by rotation and being eligible, offers herself for reappointment.Ordinary100.00% 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%
- To Amend the Object Clause of the Memorandum of Association of the Company.Special100.00% 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%
- To approve Material Related Party Transactions of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 2.46% · promoters 0.00% · 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.
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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.