Borana Weaves MD, chairman, board of directors and AGM
NSE: BORANABSE: 544404Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹217.25.
- 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.
- ₹558 Cr1,530th 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. The filing of 11 Aug 2026
- 8.1
- 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 25 Jul 2026
- 2.0
- 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
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 37.3%
- 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
- 22.6%
- 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 25 Jul 2026
- 0.25
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 95,44767.4% delivered
Borana Weaves 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 directorMangilal Ambalal Borana
- Company Secretary and Compliance OfficerIshant Jain
6 directors3 independent3 executive
- Mangilal Ambalal Borana · Chairperson and managing directorExecutive · joined Jun 2021 · 1 listed board
- Ankur Mangilal BoranaExecutive · joined Nov 2022 · 2 listed boards · 1 committee seat
- Rajkumar Mangilal BoranaExecutive · joined Nov 2022 · 3 listed boards · 1 as independent · 3 committee seats
- Kanav Sham Sunder AroraIndependent · joined Jul 2024 · 27 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Arvind Kumar RathiIndependent · joined Jul 2024 · 27 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- Nitika Abhishek SoniIndependent · joined Jul 2024 · 27 months as independent · 2 listed boards · 2 as independent
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
- 5 Sep 20264 of 6 present1 independent · 24 days in between
- 11 Aug 20265 of 6 present2 independent · 12 days in between
- 29 Jul 20265 of 6 present2 independent · 57 days in between
- 1 Jun 20264 of 6 present1 independent · 17 days in between
1 earlier meeting
- 14 May 20265 of 6 present2 independent
Audit Committee
Chair Arvind Kumar Rathi
Kanav Sham Sunder Arora, Rajkumar Mangilal Borana
- 11 Aug 20263 of 3 present2 independent · 12 days in between
- 29 Jul 20263 of 3 present2 independent · 75 days in between
- 14 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Nitika Abhishek Soni
Kanav Sham Sunder Arora, Arvind Kumar Rathi
- 11 Aug 20263 of 3 present3 independent · 12 days in between
- 29 Jul 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Kanav Sham Sunder Arora
Ankur Mangilal Borana, Rajkumar Mangilal Borana
No meeting listed in the filing.
Risk Management Committee
Chair Rajkumar Mangilal Borana
Ankur Mangilal Borana, Nitika Abhishek Soni
- 11 Aug 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Rajkumar Mangilal Borana
Ankur Mangilal Borana, Nitika Abhishek Soni
- 29 Jul 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.
- KSA & CO.Peer-review certificate valid to May 2026
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.
Borana Weaves 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.Borana Weaves share news and announcements
Annual general meeting, 29 Sep 2026
9,227 shareholders on the register on 22 Sep 2026; present: 6 promoters and 49 others; votes counted by KUNJAL DALAL / K. DALAL & CO..The company's voting result (opens in a new tab)
To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditor thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To re-appoint Mr. Ankur Mangilal Borana, Director (DIN: 01091164), who retires by rotation, as a directorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To re-appoint the Statutory Auditor of the Company for the second term of five yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To appoint M/s. K. Dalal & Co., Peer Reviewed Company Secretaries in Practice, as the Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To ratify the remuneration payable to M/s. Vaghela Kishor & Co., Cost Accountants (Firm Registration No. 103811) for the financial year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To approve the revision in remuneration of Mr. Mangilal Ambalal Borana, Chairman & Managing DirectorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To approve the revision in remuneration of Mr. Rajkumar Mangilal Borana, Executive Director and Chief Financial OfficerOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
- To approve the revision in remuneration of Mr. Ankur Mangilal Borana, Executive Director and Chief Executive OfficerOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.94% · promoters 100.00% · institutions 63.94% · other public 45.81%
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, 10 Sep 2025, 10 resolutions
15,138 shareholders on the register on 1 Sep 2025; present: 8 promoters and 43 others; votes counted by JITENDRAKUMAR REWASHANKAR RAWAL / JITENDRAKUMAR REWASHANKAR RAWAL.The company's voting result (opens in a new tab)
Receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2025, together with the Reports of the Board of Directors and the Statutory Auditors thereon and the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2025 together with the Report of Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
To appoint a director in place of Mr. Rajkumar Mangilal Borana, Director (DIN: 01091166), liable to retire by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, seeks re-appointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.02% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- To approve the appointment of auditor further for the term of five years and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- To approve the appointment of Mr. Jitendrakumar Rewashankar Rawal as Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.02% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- To ratify the remuneration of Cost Auditor for the financial year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- To approve the Material Related Party Transaction for the FY 2025-26 to be entered by the Company with Related Party.SpecialPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.08% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 100.00% · other public 0.00%
- Authorizing the Board of Directors for Advancing Loans in excess of limits specified under Section 185 of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.09% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- Approval of Loans, Investments, Guarantee or Security under Section 186 of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.02% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- Approval of increase in limits of sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking the company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
- Approval of increase the borrowing limit of the Company as mentioned under section 180(1)(c) of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.07% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 0.00%
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
- Yes
- 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.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesMay 2025, checked by Acuite Ratings and Research Limited | 144.89 | – | – | No |