Aditya Forge MD, chairman, board of directors and AGM
BSE: 522150Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹74.92.
- 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.
- Price break5,306th 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 break
- 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 break
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- –
- 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.
- −21.3%
- Volume, BSEVolume. Shares traded on the last trading day.
- 25,977
Aditya Forge board of directors
At the end of the quarter to Jun 2021, as the company filed it; changes since are in its announcements.
- ChairpersonNITIN RASIKLAL PAREKHRelated to the promoter
- Compliance OfficerYogesh Pujara
4 directors2 independent2 executive
- NITIN RASIKLAL PAREKH · ChairpersonExecutive · joined Feb 1992 · 357 months as independent · 1 listed board · 4 committee seats, 2 as chair
- SHUBHASH BHAGWANDAS DALALIndependent · joined Oct 2002 · 228 months as independent · 2 listed boards · 1 as independent
- VISHNUBHAI INDUBHAI PATELIndependent · joined Oct 2002 · 228 months as independent · 2 listed boards · 1 as independent · 4 committee seats, 1 as chair
- REKHA NITIN PAREKHExecutive · joined Aug 2019 · 23 months as independent · 1 listed board · 4 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
- 7 Apr 20213 present1 independent · 71 days in between
- 25 Jan 20213 present1 independent
Audit Committee
Chair NITIN RASIKLAL PAREKH
SHUBHASH BHAGWANDAS DALAL, VISHNUBHAI INDUBHAI PATEL, REKHA NITIN PAREKH
- 7 Apr 20213 present1 independent · 71 days in between
- 25 Jan 20213 present1 independent
Nomination and remuneration committee
Chair NITIN RASIKLAL PAREKH
VISHNUBHAI INDUBHAI PATEL, SHUBHASH BHAGWANDAS DALAL, REKHA NITIN PAREKH
- 7 Apr 20213 present1 independent
- 25 Jan 20213 present1 independent
Stakeholders Relationship Committee
Chair VISHNUBHAI INDUBHAI PATEL
NITIN RASIKLAL PAREKH, SHUBHASH BHAGWANDAS DALAL, REKHA NITIN PAREKH
- 7 Apr 20213 present1 independent
- 25 Jan 20213 present1 independent
Corporate Social Responsibility Committee
Chair REKHA NITIN PAREKH
NITIN RASIKLAL PAREKH, VISHNUBHAI INDUBHAI PATEL
- 7 Apr 20213 present1 independent
- 25 Jan 20213 present1 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.
- M A A K & AssociatesPeer-review certificate valid to Jun 2027
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.
Aditya Forge 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.Aditya Forge share news and announcements
Annual general meeting, 30 Sep 2026
4,189 shareholders on the register on 23 Sep 2026; present: 4 promoters and 20 others; votes counted by Anand S Lavingia / M/s. PRASAD AND PARTNERS LLP (Formerly known as ALAP & CO. LLP).The company's voting result (opens in a new tab)
Ordinary Resolution to consider and adopt the Audited Financial Statement of the Company for the Financial Year ended as on March 31, 2026 and the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.59% · promoters 24.86% · institutions 0.00% · other public 0.21%
- Ordinary Resolution to appoint a director in place of Mr. Nitin Rasiklal Parekh (DIN - 00219664), Managing Director who retires by rotation and being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.59% · promoters 24.86% · institutions 0.00% · other public 0.21%
- Special Resolution for Appointment of Mrs. Ruta Rohankumar Soni (DIN: 02371504) as Non - Executive Professional Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.59% · promoters 24.86% · institutions 0.00% · other public 0.21%
- Special Resolution for Change of Registered Office of the Company outside the local limits of any city, town or village.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.59% · promoters 24.86% · institutions 0.00% · other public 0.21%
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.
Compliance
- 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 company's own answers in its filing.