AKI India MD, chairman, board of directors and AGM
NSE: AKIBSE: 542020Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹5.97.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- 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.
- ₹59 Cr3,352nd 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.
- Earlier quarters restated in the year
- 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 15 May 2026
- 0.6
- 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
- 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 11 Aug 2026
- −3.9%
- 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 15 May 2026
- 0.21
- Volume, NSEVolume. Shares traded on the last trading day.
- 55,963
AKI India board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorMOHAMMAD AJWADRelated to the promoter
- Company Secretary and Compliance OfficerMs. Divya Srivastava
4 directors2 independent1 executive1 non-executive
- MOHAMMAD AJWAD · Chairperson and managing directorExecutive · joined Oct 2020 · reappointed Sep 2024 · 1 listed board · 1 committee seat
- MOHAMMAD ASJADNon-executive · joined Feb 2023 · 1 listed board · 1 committee seat
- NANDISH SHAILESHBHAI JANIIndependent · joined Apr 2026 · 2 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- HARDIKA LADHAIndependent · joined Apr 2026 · 2 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 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.
6 directors who left
- SARIKA AGRAWAL, left 8 Apr 2026: Others
- ABDUL RASHID KHAN, left 8 Apr 2026: Others
- VEQARUL AMIN, left 8 Apr 2026: Others
- ASLAM SAEED, left 9 Jan 2026: Others
- JAVED IQBAL, left 9 Jan 2026: Others
- RAJ KRISHNA AGRAWAL, left 9 Jan 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 15 May 20264 of 4 present2 independent · 36 days in between
- 8 Apr 20265 of 5 present3 independent · 54 days in between
- 12 Feb 20265 of 5 present3 independent · 33 days in between
- 9 Jan 20265 of 5 present3 independent
Audit Committee
Chair HARDIKA LADHA
NANDISH SHAILESHBHAI JANI, MOHAMMAD AJWAD
- 15 May 20263 of 3 present3 independent · 36 days in between
- 12 Feb 20263 of 3 present3 independent · 33 days in between
Nomination and remuneration committee
Chair HARDIKA LADHA
NANDISH SHAILESHBHAI JANI, MOHAMMAD ASJAD
- 8 Apr 20263 of 3 present3 independent · 54 days in between
- 9 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair HARDIKA LADHA
NANDISH SHAILESHBHAI JANI, MOHAMMAD ASJAD
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.
- M/S. R K Paramarthi & Co.Peer-review certificate valid to Sep 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.
AKI India 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.AKI India share news and announcements
Annual general meeting, 23 Sep 2026
17,515 shareholders on the register on 16 Sep 2026; present: 6 promoters and 29 others; votes counted by Jitendra Parmar / Jitendra Parmar & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: a. The Audited Standalone Financial Statements of the Company for the Financial Year ended on 31st March, 2026 including the Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and notes forming part thereof, together with the Report of the Board of Directors and the Auditors thereon; b. The Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31st March, 2026 including the Balance Sheet, Statement of Profit and Loss Account, Cash Flow Statement, and notes forming part thereof, together with the Report of Auditor.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
- To appoint Mr. Mohammad Asjad (DIN: 10052579), who retires by rotation and being eligible, offers himself for re‐appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
- Regularization of appointment of Mr. Abdul Rashid Khan (DIN: 11431050) as a Non‐Executive & Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
- Regularization of appointment of Ms. Sarika Agrawal (DIN: 11443308) as a Non‐Executive & Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
- Regularization of Appointment of Mr. Veqarul Amin (DIN: 00037469) as a Non‐Executive & Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
- Appointment of Ms. Naba Fatima (DIN: 11807263) as a Non‐Executive and Non‐Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
- To approve material related party transactions with M/s. AKI UK LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.55% · promoters 89.65% · institutions 0.00% · other public 22.02%
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, 13 Aug 2025, 4 resolutions
14,510 shareholders on the register on 6 Aug 2025; present: 7 promoters and 29 others; votes counted by Gaurav V Bachani / M/s. Gaurav Bachani & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: a. The Audited Standalone Financial Statement of the Company for the Financial Year ended on 31st March, 2025 and Statement of Profit and Loss Account together with the notes forming part thereof along with Cash Flow Statement for the Financial Year ended on that date, and the reports of the Board of Directors (“The Board”) and Auditor thereon. b. The Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31st March, 2025 and Statement of Profit and Loss Account together with the notes forming part thereof and Cash Flow Statement for the Financial Year ended on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.48% · promoters 87.05% · institutions 0.00% · other public 5.50%
- To appoint Ms. Sameena Asad Iraqi (DIN: 01668732), who retires by rotation and being eligible, offers herself for re‐appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.48% · promoters 87.05% · institutions 0.00% · other public 5.50%
- To appoint M/s. R K Parmarthi & Co., Chartered Accountants, Kanpur (Firm Registration No. 001121C), as the Statutory Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.48% · promoters 87.05% · institutions 0.00% · other public 5.50%
- Appointment of M/s. Jitendra Parmar & Associates, Practicing Company Secretaries, Ahmedabad (FRN: S2023GJ903900) as the Secretarial Auditor of the Company for a period of five (5) years:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.48% · promoters 87.05% · institutions 0.00% · other public 5.50%
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, 6 resolutions
Present: 7 promoters and 38 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:na. The Audited Standalone Financial Statement of the Company for the Financial Year ended on 31st March, 2024 and Statement of Profit and Loss Account together with the notes forming part thereof along with Cash Flow Statement for the Financial Year ended on that date, and the reports of the Board of Directors (“The Board”) and Auditor thereon.nb. The Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31st March, 2024 and Statement of Profit and Loss Account together with the notes forming part thereof and Cash Flow Statement for the Financial Year ended on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.67% · promoters 96.40% · institutions 0.00% · other public 4.24%
- To appoint Mr. Mohammad Asjad (DIN:10052579), 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 0.00%
Turnout: all 54.67% · promoters 96.40% · institutions 0.00% · other public 4.24%
- Change in designation of Mr. Mohammad Ajwad (DIN: 07902475) from Whole-time Director tonManaging Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.67% · promoters 96.40% · institutions 0.00% · other public 4.24%
- Re-appointment of Mr. Javed Iqbal (DIN: 01335862) as Non-Executive and Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.67% · promoters 96.40% · institutions 0.00% · other public 4.24%
- Re-appointment of Mr. Aslam Saeed (DIN: 00996483) as Non-Executive and Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.67% · promoters 96.40% · institutions 0.00% · other public 4.24%
- Re-appointment of Mr. Raj Krishna Agrawal (DIN:08018396) as Non-Executive and IndependentnDirector of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.67% · promoters 96.40% · institutions 0.00% · other public 4.24%
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, 4 Dec 2023, 3 resolutions
Present: 3 promoters and 27 others.The company's voting result (opens in a new tab)
- Increase in Authorised Share Capital and Alteration of the Capital clause in Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.78% · promoters 99.23% · institutions 0.00% · other public 9.90%
- Offer, issue and allot Equity shares on Preferential Basis for consideration in cashSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.78% · promoters 99.23% · institutions 0.00% · other public 9.90%
- Issue of Warrants, convertible into Equity shares to person(s) and/or entity(ies) belonging to ‘Promoter & Promoter group’ category and ‘Non-promoter’ category on a preferential basis.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.78% · promoters 99.23% · institutions 0.00% · other public 9.90%
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 2023, 4 resolutions
Present: 3 promoters and 30 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:na. Standalone Audited Financial Statement of the Company for the Financial Year ended on 31stnMarch, 2023 and Statement of Profit and Loss Account together with the notes forming partnthereof and Cash Flow Statement for the Financial Year ended on that date, and the reports ofnthe Board of Directors (“The Board”) and Auditor thereon.nb. Consolidated Audited Financial Statement for the Financial Year ended on 31st March, 2023 andnStatement of Profit and Loss Account together with the notes forming part thereof and CashnFlow Statement for the Financial Year ended on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 71.65% · promoters 99.57% · institutions 0.00% · other public 9.70%
- To appoint Ms. Sameena Asad Iraqi (DIN: 01668732), who retires by rotation and beingneligible, offers herself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 71.65% · promoters 99.57% · institutions 0.00% · other public 9.70%
- To consider and approve re-appointment of Ms. Sameena Asad Iraqi (DIN: 01668732) asnWhole-time Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 71.65% · promoters 99.57% · institutions 0.00% · other public 9.70%
- Power under Section 186 of the Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 71.65% · promoters 99.57% · institutions 0.00% · other public 9.70%
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, 7 Jun 2023, 2 resolutions
Present: 5 promoters and 12 others.The company's voting result (opens in a new tab)
- Approval of Sub-division of Equity shares of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 2.11% · promoters 0.13% · institutions 0.00% · other public 7.47%
- Approval of alteration in Clause V i.e. Capital clause of the Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 2.11% · promoters 0.13% · institutions 0.00% · other public 7.47%
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, 22 May 2023, 1 resolution
Present: 5 promoters and 17 others.The company's voting result (opens in a new tab)
- Appointment of Mr. Mohammad Asjad as a Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.41% · promoters 89.08% · institutions 0.00% · other public 8.83%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeGST DEPARTMENTSince 13 May 2025Appeal Filed
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
- No
- 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 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJun 2025 | 20.59 | To Meet Working Capital requirement of the Company | 15.65 | 15.65 | No |
| Preferential IssuesJun 2025 | 20.59 | General Corporate Purpose | 4.94 | 4.94 | No |