Amforge Industries MD, chairman, board of directors and AGM
BSE: 513117Auto ComponentsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹5.22.
- 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.
- ₹7.77 Cr4,601st 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 28 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
- −17.8%
- 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 28 May 2026
- 0.13
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,000
Amforge Industries board of directors
At the end of the quarter to Mar 2021, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonPUNEET MAKAR
- Company Secretary and Compliance OfficerKINSHUK R.TIWARI
6 directors4 independent1 executive1 non-executive
- PUNEET MAKAR · ChairpersonNon-executive · joined Feb 2017 · 1 listed board
- HUDSON DCOSTAExecutive · joined Aug 2017 · reappointed Aug 2020 · 36 months as independent · 1 listed board · 1 committee seat
- SUNIL AGGARWALIndependent · joined Sep 2014 · reappointed Sep 2019 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SANJAY PATELIndependent · joined Sep 2017 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
- AJIT PANDURANG WALWAIKARIndependent · joined Nov 2020 · 10 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- ARCHANA MAKAR SOIIndependent · joined Nov 2020 · 10 months as independent · 1 listed board
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
- 30 Jan 20215 present3 independent · 79 days in between
- 11 Nov 20204 present2 independent
Audit Committee
Chair SUNIL AGGARWAL
SANJAY PATEL, AJIT PANDURANG WALWAIKAR
- 30 Jan 20213 present3 independent · 79 days in between
- 11 Nov 20202 present2 independent
Nomination and remuneration committee
Chair SUNIL AGGARWAL
SANJAY PATEL, AJIT PANDURANG WALWAIKAR
- 30 Jan 20213 present3 independent
- 11 Nov 20202 present2 independent
Stakeholders Relationship Committee
Chair SUNIL AGGARWAL
SANJAY PATEL, HUDSON DCOSTA
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 Banka & BankaPeer-review certificate valid to Jul 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.
Amforge Industries 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.Amforge Industries share news and announcements
Annual general meeting, 29 Sep 2026
16,191 shareholders on the register on 22 Sep 2026; present: 5 promoters and 42 others; votes counted by Hemanshu Kapadia / Hemanshu Kapadia & Associates.The company's voting result (opens in a new tab)
- To consider and adopt the Company's Audited Financial Statements for the financial year ended March 31, 2026, together with the Report of the Board of Directors and the Statutory Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 57.75% · promoters 97.69% · institutions 0.00% · other public 4.89%
- To appoint a director in place of Ms. Archana Makar Soi (DIN: 02215664), 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 0.07%
Turnout: all 57.74% · promoters 97.69% · institutions 0.00% · other public 4.88%
- To re-appoint Mr. Jayesh Vinodchandra Thakkar (DIN:03474967) as the Managing Director of the Company for a period of three (3) years with effect from 24th May, 2027Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 57.75% · promoters 97.69% · institutions 0.00% · other public 4.89%
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
- No
The company's own answers in its filing.