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Albert David CEO, MD, chairman, board of directors and AGM

NSE: ALBERTDAVDBSE: 524075Pharmaceuticals & BiotechnologySmall Cap

Last close ₹763.70down ₹20.60 (2.63%)BSE ₹756.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹784.30.

52-week range of traded prices to 23 Oct 2026
₹579.90Low, 30 Mar 2026₹931.85High, 31 Aug 2026
Market cap
₹436 Cr1,973rd largest listed
P/E
19.3
P/B
1.1
Dividend yield
0.65%
ROE
5.8%
ROCE
4.1%
Debt to equity
0.07
Volume, NSE
4,20249.1% delivered

Albert David 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

  • ChairpersonArun Kumar KothariRelated to the promoter
  • Chief executiveAmit Mahla
  • Company Secretary and Compliance OfficerLalit Lohia

9 directors5 independent2 executive2 non-executive

  • Arun Kumar Kothari · ChairpersonExecutive · joined Jun 1988 · reappointed Apr 2024 · 2 listed boards · 4 committee seats
  • Prabhawati Devi KothariNon-executive · joined Mar 2014 · reappointed Aug 2023 · 2 listed boards · 2 committee seats
  • Anand Vardhan KothariNon-executive · joined May 2022 · reappointed Aug 2024 · 1 listed board
  • Amit Mahla · Chief executiveExecutive · joined Jun 2026 · reappointed Jun 2026 · 4 months as independent · 1 listed board
  • Anurag SinghiIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent
  • Monjori MitraIndependent · joined Aug 2020 · reappointed Aug 2025 · 74 months as independent · 2 listed boards · 2 as independent
  • Shourya SenguptaIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 2 as chair
  • Naresh PachisiaIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 3 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Rajiv Anant DesaiIndependent · joined Aug 2025 · reappointed Aug 2025 · 14 months as independent · 1 listed board · 1 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.

2 directors who left
  • Umesh Manohar Kunte, left 18 Dec 2025: Others
  • Shirish Gundopant Belapure, left 10 Mar 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 6 Aug 20269 of 9 present5 independent · 47 days in between
    • 19 Jun 20268 of 8 present5 independent · 37 days in between
    • 12 May 20267 of 8 present4 independent

  • Audit Committee

    Chair Anurag Singhi

    Arun Kumar Kothari, Naresh Pachisia, Rajiv Anant Desai

    • 6 Aug 20264 of 4 present3 independent · 47 days in between
    • 19 Jun 20264 of 4 present3 independent · 37 days in between
    • 12 May 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Anurag Singhi

    Arun Kumar Kothari, Shourya Sengupta, Monjori Mitra

    • 19 Jun 20264 of 4 present2 independent · 37 days in between
    • 12 May 20263 of 4 present2 independent

  • Stakeholders Relationship Committee

    Chair Monjori Mitra

    Arun Kumar Kothari, Prabhawati Devi Kothari, Naresh Pachisia

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Arun Kumar Kothari

    Prabhawati Devi Kothari, Shourya Sengupta, Rajiv Anant Desai

    • 12 May 20264 of 4 present2 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.

  • L B Jha & Co.Peer-review certificate valid to Jan 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.

Albert David 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.Albert David dividend history

Annual general meeting, 6 Aug 2026

13,510 shareholders on the register on 30 Jul 2026; present: 8 promoters and 63 others; votes counted by ASHOK KUMAR DAGA / ASHOK KUMAR DAGA.The company's voting result (opens in a new tab)

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

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

    Turnout: all 64.61% · promoters 100.00% · institutions 90.16% · other public 1.22%

  2. To declare dividend of Rs. 5.00 per equity share of Rs. 10 each of the Company for the financial year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 64.61% · promoters 100.00% · institutions 90.16% · other public 1.22%

  3. To appoint a Director in place of Mrs. Prabhawati Devi Kothari (DIN 00051860), who retires by rotation and being eligible, and offers herself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.02%

    Turnout: all 62.61% · promoters 96.78% · institutions 90.16% · other public 1.22%

  4. To ratify the remuneration of the Cost Auditors for the financial year 2026-2027
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 64.61% · promoters 100.00% · institutions 90.16% · other public 1.21%

  5. To approve the revision in remuneration payable to Mr. Arun Kumar Kothari (DIN 00051900), Whole-time Director designated as Executive Chairman of the Company for the period from 1st April, 2026 to 31st March, 2027MoreLess
    Special
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 16.84% · other public 0.14%

    Turnout: all 50.91% · promoters 77.99% · institutions 90.16% · other public 1.21%

  6. Regularisation of Additional Director Mr Amit Mahla by appointing him as Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 64.61% · promoters 100.00% · institutions 90.16% · other public 1.21%

  7. To appoint Mr. Amit Mahla (DIN 11767012) as a Whole time Director and CEO of the Company for a period of 5 years w.e.f. 19th June, 2026 to 18th June 2031 and fix his remuneration for the period from 19th June, 2026 to 31st March, 2027MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 64.61% · promoters 100.00% · institutions 90.16% · other public 1.21%

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.

Postal ballot, 7 Oct 2025, 1 resolution

15,207 shareholders on the register on 29 Aug 2025; votes counted by Mr. Ashok Kumar Daga / Ashok Kumar Daga.The company's voting result (opens in a new tab)

  1. Re-appointment of Dr. Monjori Mitra (DIN: 02761691) as an Non-Executive Independent Women Director of the Company for a second term of 5 (five) years.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.54%

    Turnout: all 64.32% · promoters 100.00% · institutions 87.48% · other public 0.30%

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.

Postal ballot, 16 Sep 2025, 1 resolution

15,227 shareholders on the register on 8 Aug 2025; votes counted by Mrs. Shikha Gupta / M/s. Shikha G & Associates.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF DR. RAJIV ANANT DESAI (DIN: 11193975) AS AN INDEPENDENT DIRECTOR FOR A PERIOD OF 5 (FIVE) YEARS W.E.F FROM 2ND AUGUST, 2025 TO 1ST AUGUST, 2030
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.60%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.06% · other public 0.51%

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, 2 Aug 2025, 7 resolutions

15,465 shareholders on the register on 25 Jul 2025; present: 7 promoters and 38 others; votes counted by ASHOK KUMAR DAGA / ASHOK KUMAR DAGA.The company's voting result (opens in a new tab)

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

    Against: promoters 0.00% · institutions 0.00% · other public 1.52%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.60% · other public 0.20%

  2. To declare dividend of ` 5.00/- per equity share of ` 10/- each of the Company for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.52%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.60% · other public 0.20%

  3. To appoint a Director in place of Mr. Arun Kumar Kothari (DIN: 00051900), who retires by rotation and being eligible, and offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.38% · other public 10.24%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.60% · other public 0.20%

  4. To ratify the remuneration of the Cost Auditors for the financial year 2025-2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.52%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.60% · other public 0.20%

  5. To consider appointment of M/s. MKB & Associates, Company Secretaries in practice as Secretarial Auditors for a period of five consecutive years i.e., F.Y 2025-26 to F.Y 2029-30 and fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.77%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.60% · other public 0.20%

  6. To approve the revision in remuneration payable to Mr. Arun Kumar Kothari (DIN: 00051900), Whole-time Director designated as Executive Chairman of the Company for the period from 1st April, 2025 to 31st March, 2026.MoreLess
    SpecialPromoters have an interest in it
    98.91% for1.09% against

    Against: promoters 0.00% · institutions 26.00% · other public 1.52%

    Turnout: all 52.27% · promoters 80.36% · institutions 88.60% · other public 0.20%

  7. To approve the revision in remuneration payable to Mr. Umesh Manohar Kunte (DIN: 03398438), Managing Director and CEO of the Company for the period from 1st April, 2025 to 31st March, 2026.
    Special
    99.11% for0.89% against

    Against: promoters 0.00% · institutions 26.00% · other public 10.24%

    Turnout: all 64.49% · promoters 100.00% · institutions 88.60% · other public 0.20%

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.

Postal ballot, 26 Dec 2024, 1 resolution

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

  1. Appointment of Mr. Naresh Pachisia (DIN:00233768) as an Independent Director for a period of 5 (five) years from 14th November 2024 to 13th November 2029, not liable to retire by rotation.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.62% · other public 2.87%

    Turnout: all 64.47% · promoters 100.00% · institutions 88.91% · other public 0.33%

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, 9 Aug 2024, 4 resolutions

Present: 8 promoters and 51 others.The company's voting result (opens in a new tab)

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

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 64.48% · promoters 100.00% · institutions 98.58% · other public 1.95%

  2. To declare dividend of Rs 11.50/- per Equity Shares of Rs 10/- each of the Company for the Financial Year ended 31st March, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 64.48% · promoters 100.00% · institutions 98.58% · other public 1.95%

  3. To appoint a Director in place of Mr. Anand Vardhan Kothari (DIN: 02572346), who retires by rotation and being eligible, and offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.76%

    Turnout: all 52.26% · promoters 80.33% · institutions 98.58% · other public 1.95%

  4. Ratification of remuneration of the Cost Auditors for the financial year 2024-2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 64.48% · promoters 100.00% · institutions 98.58% · other public 1.95%

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.

Postal ballot, 16 May 2024, 3 resolutions

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

  1. Appointment of Mr. Anurag Singhi (DIN:01807541) as an Independent Director for 5 (five) years from 01.04.2024 not liable to retire by rotation
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.53%

    Turnout: all 64.53% · promoters 100.00% · institutions 84.20% · other public 0.52%

  2. Reappointment of Mr. Arun Kumar Kothari (DIN:00051900) as Wholetime Director designated as Executive Chairman of the Company for term of 5 (five) years from 01.04.2024 and remuneration payable with effect from April 1, 2024.MoreLess
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.09%

    Turnout: all 52.31% · promoters 80.33% · institutions 84.20% · other public 0.52%

  3. Approve the revision in remuneration of Mr. Umesh Manohar Kunte (DIN:03398438), Managing Director & CEO of the Company payable with effect from April 1, 2024
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.77%

    Turnout: all 64.53% · promoters 100.00% · institutions 84.20% · other public 0.52%

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.

Postal ballot, 15 Dec 2023, 2 resolutions

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

  1. Re-appointment of Mr. Shirish Gundopant Belapure (DIN-02219458) as an Independent Director for another term of five consecutive years from 14th February 2024 to 13th February 2029
    Special
    99.12% for0.88% against

    Against: promoters 0.00% · institutions 23.23% · other public 1.47%

    Turnout: all 64.73% · promoters 100.00% · institutions 92.16% · other public 0.67%

  2. Appointment of Mr. Shourya Sengupta (DIN-09216561) as an Independent Director for a term of five consecutive years commencing from 1st November 2023 up to 31st October 2028, not liable to retire by rotationMoreLess
    Special
    99.12% for0.88% against

    Against: promoters 0.00% · institutions 23.23% · other public 1.37%

    Turnout: all 64.73% · promoters 100.00% · institutions 92.16% · other public 0.67%

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 Sep 2026.

  • Tax disputeAdditional Commissioner of Customs, CAC, GR. V, NS-V, JNCH, MAHARASHTRASince 6 Mar 2024
    Appeal filed before Appellate Authority on 10.05.2024, listing of matter awaited

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

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
No
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.