Baroda Rayon Corpn. logo

Baroda Rayon Corpn. MD, chairman, board of directors and AGM

BSE: 500270RealtySmall Cap

Last close ₹122.10up ₹7.60 (6.64%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹114.50.

52-week range of traded prices to 23 Oct 2026
₹100.10Low, 30 Mar 2026₹136.00High, 30 Oct 2025
Market cap
₹280 Cr2,201st largest listed
P/E
8.3
P/E without one-offs
14.2
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
8.8%
ROE without one-offs
5.1%
ROCE
3.0%
Debt to equity
0.45
Volume, BSE
4,151

Baroda Rayon Corpn. 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 directorDamodarbhai Patel
  • Company Secretary and Compliance OfficerKunjal Desai

6 directors3 independent2 executive1 non-executive

  • Damodarbhai Patel · Chairperson and managing directorExecutive · joined Mar 2008 · reappointed Dec 2025 · 1 listed board · 1 committee seat
  • Vidhya BhavaniNon-executive · joined Apr 2015 · 1 listed board
  • Viral BhavaniExecutive · joined Nov 2020 · reappointed Oct 2025 · 1 listed board
  • Chimanlal PatelIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Zaverilal RamaniIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Rameshbhai PatelIndependent · joined Aug 2024 · 25 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.

Committees and meetings

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

  • Board

    • 27 Aug 20266 of 6 present3 independent · 12 days in between
    • 14 Aug 20266 of 6 present3 independent · 45 days in between
    • 29 Jun 20265 of 6 present3 independent · 30 days in between
    • 29 May 20266 of 6 present3 independent
  • Audit Committee

    Chair Chimanlal Patel

    Zaverilal Ramani, Rameshbhai Patel

    • 14 Aug 20263 of 3 present3 independent · 45 days in between
    • 29 Jun 20263 of 3 present3 independent · 30 days in between
    • 29 May 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair Chimanlal Patel

    Zaverilal Ramani, Rameshbhai Patel

    • 27 Aug 20263 of 3 present3 independent · 12 days in between
  • Stakeholders Relationship Committee

    Chair Zaverilal Ramani

    Damodarbhai Patel, Chimanlal Patel

    • 14 Aug 20263 of 3 present2 independent · 76 days in between
    • 29 May 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair Damodarbhai Patel

    Viral Bhavani, Chimanlal Patel

    • 14 Aug 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 Kansariwala & ChevliPeer-review certificate valid to Mar 2029

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.

Baroda Rayon Corpn. 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.Baroda Rayon Corpn. share news and announcements

Annual general meeting, 29 Sep 2026

77,033 shareholders on the register on 22 Sep 2026; present: 6 promoters and 33 others; votes counted by Manish Patel / NA.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026 and reports of the Board of Directors and the Auditors thereon.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 32.54% · promoters 23.13% · institutions 0.00% · other public 53.60%

  2. Appointment of a Director in place of Mr. Viral Bhavani (DIN: 02597320) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

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

    Turnout: all 16.93% · promoters 0.00% · institutions 0.00% · other public 53.60%

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

At most 1 complaint open, quarter to Mar 2025.
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.