Advance Agrolife MD, chairman, board of directors and AGM
NSE: ADVANCEBSE: 544562Fertilizers & AgrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹144.06.
- Under NSE's short-term additional surveillance, stage I, on the list for 23 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.
- ₹877 Cr1,667th 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. The filing of 6 Aug 2026
- 17.9
- 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 8 May 2026
- 2.8
- 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 latest balance sheet's; the one a year before is not on record. The filing of 6 Aug 2026
- 15.8%
- 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 6 Aug 2026
- 17.3%
- 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 8 May 2026
- 0.31
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,63,53252.6% delivered
Advance Agrolife board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorOM PRAKASH CHOUDHARYRelated to the promoter
- Company Secretary and Compliance OfficerNisha Gupta
6 directors3 independent3 executive
- OM PRAKASH CHOUDHARY · Chairperson and managing directorExecutive · joined Nov 2005 · 1 listed board · 2 committee seats
- KEDAR CHOUDHARYExecutive · joined Jan 2016 · 1 listed board · 1 committee seat
- NARENDRA CHOUDHARYExecutive · joined Nov 2023 · 1 listed board
- MANJIT SINGH KOCHARIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RAKESH VERMAIndependent · joined Feb 2025 · reappointed Feb 2025 · 16 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SEEMA SINGHIndependent · joined Feb 2025 · reappointed Feb 2025 · 16 months as independent · 2 listed boards · 2 as independent · 1 committee seat
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
- 8 May 20266 of 6 present3 independent · 89 days in between
- 7 Feb 20266 of 6 present3 independent
Audit Committee
Chair RAKESH VERMA
SEEMA SINGH, OM PRAKASH CHOUDHARY
- 8 May 20263 of 3 present2 independent · 89 days in between
- 7 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SEEMA SINGH
RAKESH VERMA, MANJIT SINGH KOCHAR
- 6 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair MANJIT SINGH KOCHAR
OM PRAKASH CHOUDHARY, KEDAR CHOUDHARY
- 30 Mar 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair OM PRAKASH CHOUDHARY
KEDAR CHOUDHARY, RAKESH VERMA
- 6 Feb 20263 of 3 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/s S K Patodia & Associates LLP, Chartered AccountantsPeer-review certificate valid to Apr 2028
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.
Advance Agrolife 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.Advance Agrolife share news and announcements
Annual general meeting, 18 Sep 2026
13,741 shareholders on the register on 11 Sep 2026; present: 4 promoters and 42 others; votes counted by Vivek Sharma / M/s MSV & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- To appoint Shri. Kedar Choudhary (DIN: 06905752) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- To approve Material Related Party Transactions of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- To approve the appointment of Mr. Brij Mohan Sharma (DIN: 09646943) as an Independent Director of the Company for a term of 5 years effective August 06 , 2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- To consider Change the designation of Mr. Narendra Choudhary (DIN: 10410584), from Director (Executive) to Whole time director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- Revision in ceiling limit of the remuneration payable & certain terms and conditions of appointment of Mr. Om Prakash Choudhary (DIN 01004122), Chairman & Managing Director of the CompanySpecialPromoters have an interest in it97.83% for2.17% against
Against: promoters 0.00% · institutions 99.69% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
- Revision in ceiling limit of the remuneration payable & certain terms and conditions of appointment of Mr. Kedar Choudhary (DIN 06905752), Whole-time Director of the CompanySpecialPromoters have an interest in it97.83% for2.17% against
Against: promoters 0.00% · institutions 99.69% · other public 0.21%
Turnout: all 71.56% · promoters 100.00% · institutions 27.57% · other public 0.45%
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.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyCHIEF JUDICIAL MAGISTRATE, RAJOURI, GOVERNMENT OF JAMMU & KASHMIRSince 3 Jun 2026
Imposition of fine w.r.t offence committed under Insecticides Act, 1968
Fine amounting Rs. 15000/- imposed for gulity of offence committed under Insecticides Act, 1968 - Tax disputeCentral Goods & Services Tax Commissionerate, Jaipur (Central Tax)Since 13 Jan 2026The Assistant Commisioner of CGST Division F had allowed to carry forward the claimed/availed ITC peratining to Order dated 29.04.2026
At the filing before: The Department filed an appeal before the Hon'ble Additional Commissioner (Appeals) against the Order-in-Original dated 30.11.2023 as for the directions given in Order-in-Review No. 101/Review-GST/2024 dated 07.11.2024 for the dispute related to July, 2017 for availed ITC of Rs. 15,80,300/- on the CompanyMoreLess
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
- Yes
- 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 Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesOct 2025, checked by CARE RATINGS LIMITED | 192.84 | – | – | No |