Associated Ceramics MD, chairman, board of directors and AGM
BSE: 531168Other Construction MaterialsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹156.65.
- 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.
- ₹32 Cr3,332nd 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 30 May 2026
- 1.2
- 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 14 Aug 2026
- 6.9%
- 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 30 May 2026
- 0.12
- Volume, BSEVolume. Shares traded on the last trading day.
- 5
Associated Ceramics 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
- Chairperson and managing directorARUN AGARWAL
- Company Secretary and Compliance OfficerSUCHIKA MARDA
6 directors3 independent3 executive
- ARUN AGARWAL · Chairperson and managing directorExecutive · joined Mar 1976 · reappointed Apr 2021 · 1 listed board
- SHARAD AGARWALExecutive · joined Jul 2015 · reappointed Apr 2021 · 1 listed board
- NITESH SINGHIndependent · joined May 2024 · 30 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 3 as chair
- SUMONA BOSEIndependent · joined Jan 2019 · reappointed Sep 2025 · 93 months as independent · 1 listed board · 1 as independent · 2 committee seats
- ABHISHEK AGARWALIndependent · joined Mar 2023 · 42 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- UMANG AGARWALExecutive · joined Nov 2025 · 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.
1 director who left
- BIMAL AGARWAL, left 1 Jun 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 4 Sep 20266 of 6 present3 independent · 20 days in between
- 14 Aug 20266 of 6 present3 independent · 41 days in between
- 3 Jul 20266 of 6 present3 independent · 33 days in between
- 30 May 20266 of 6 present3 independent
Audit Committee
Chair ABHISHEK AGARWAL
NITESH SINGH, SUMONA BOSE
- 4 Sep 20263 of 3 present3 independent · 20 days in between
- 14 Aug 20263 of 3 present3 independent · 75 days in between
- 30 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair ABHISHEK AGARWAL
NITESH SINGH, SUMONA BOSE
- 4 Sep 20263 of 3 present3 independent · 20 days in between
- 14 Aug 20263 of 3 present3 independent · 75 days in between
- 30 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair ABHISHEK AGARWAL
NITESH SINGH, SUMONA BOSE
- 4 Sep 20263 of 3 present3 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 Jun 2026.
- SANJAY GULAB & COPeer-review certificate valid to Mar 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.
Associated Ceramics 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.Associated Ceramics share news and announcements
Annual general meeting, 30 Sep 2026
1,463 shareholders on the register on 23 Sep 2026; present: 5 promoters and 12 others; votes counted by KIRTI SHARMA / KIRTI SHARMA & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.78% · promoters 65.74% · institutions 0.00% · other public 21.05%
To appoint a Director in place of Mr. Arun Agarwal (DIN: 01660148), who retires by rotation at this Annual General Meeting and being eligible has offered himself for re-appointment and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.78% · promoters 65.74% · institutions 0.00% · other public 21.05%
- Appointment of Mr. Umang Agarwal (DIN: 01471894) as an Executive 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 45.78% · promoters 65.74% · institutions 0.00% · other public 21.05%
- TO CONSIDER AND APPROVE THE REVISION IN OVERALL MANAGERIAL REMUNERATION PAYABLE TO ITS DIRECTORS BY THE COMPANY:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.78% · promoters 65.74% · institutions 0.00% · other public 21.05%
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.
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
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.