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Borosil Scientific CEO, MD, chairman, board of directors and AGM

NSE: BOROSCIBSE: 544184Industrial ProductsSmall Cap

Last close ₹106.15up ₹0.40 (0.38%)BSE ₹104.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹105.75.

52-week range of traded prices to 23 Oct 2026
₹96.64Low, 30 Mar 2026₹180.80High, 29 Jun 2026
Market cap
₹944 Cr1,443rd largest listed
P/E
21.9
P/B
2.1
Dividend yield
Nonein the last 12 months
ROE
10.2%
ROCE
10.3%
Debt to equity
0.02
Volume, NSE
61,26260.3% delivered

Borosil Scientific 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

  • Chief executiveVinayak Madhukar Patankar
  • ChairpersonKewal Kundanlal Handa
  • Company Secretary and Compliance OfficerRamavtar Sharma

6 directors3 independent1 executive2 non-executive

  • Pradeep Kumar KherukaNon-executive · joined Jul 2016 · 3 listed boards · 5 committee seats, 1 as chair
  • Shreevar KherukaNon-executive · joined Jul 2016 · 3 listed boards · 4 committee seats, 2 as chair
  • Vinayak Madhukar Patankar · Chief executiveExecutive · joined Jul 2016 · reappointed Dec 2023 · 1 listed board · 1 committee seat
  • Anupa Rajiv SahneyIndependent · joined Nov 2023 · reappointed Mar 2025 · 34 months as independent · 3 listed boards · 3 as independent · 8 committee seats, 4 as chair
  • Kewal Kundanlal Handa · ChairpersonIndependent · joined Nov 2023 · reappointed Mar 2025 · 34 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 3 as chair
  • Chandra Kishore MishraIndependent · joined Feb 2024 · reappointed Feb 2024 · 31 months as independent · 3 listed boards · 3 as independent · 4 committee seats

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

    • 22 Sep 20265 of 6 present3 independent · 49 days in between
    • 3 Aug 20266 of 6 present3 independent · 74 days in between
    • 20 May 20265 of 6 present3 independent · 46 days in between
    • 3 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair Anupa Rajiv Sahney

    Kewal Kundanlal Handa, Chandra Kishore Mishra, Shreevar Kheruka

    • 3 Aug 20264 of 4 present3 independent · 74 days in between
    • 20 May 20264 of 4 present3 independent · 46 days in between
    • 3 Apr 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Anupa Rajiv Sahney

    Kewal Kundanlal Handa, Shreevar Kheruka

    • 3 Aug 20263 of 3 present2 independent · 74 days in between
    • 20 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Shreevar Kheruka

    Pradeep Kumar Kheruka, Vinayak Madhukar Patankar, Anupa Rajiv Sahney

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Kewal Kundanlal Handa

    Chandra Kishore Mishra, Anupa Rajiv Sahney, Shreevar Kheruka, Vinayak Madhukar Patankar, Jeevan Dogra

    • 29 Jul 20265 of 5 present3 independent

  • Corporate Social Responsibility Committee

    Chair Pradeep Kumar Kheruka

    Shreevar Kheruka, Kewal Kundanlal Handa, Anupa Rajiv Sahney

    • 22 Sep 20263 of 4 present2 independent · 124 days in between
    • 20 May 20263 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.

  • M/s. Chaturvedi & Shah LLPPeer-review certificate valid to Jun 2026
1 earlier auditor
  • M/s. Chaturvedi & Shah LLP, Chartered AccountantsNamed in the filing for the quarter to Dec 2025

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.

Borosil Scientific 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.Borosil Scientific share news and announcements

Annual general meeting, 25 Sep 2026

61,677 shareholders on the register on 18 Sep 2026; present: 10 promoters and 80 others; votes counted by DHRUMIL M. SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)

  1. To consider and adopt a) the audited standalone financial statement of the Company for the financial year ended March 31, 2026, the reports of the Board of Directors and Statutory Auditor thereon; and b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and report of Statutory Auditor thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

  2. To approve re-appointment of Mr. Pradeep Kumar Kheruka (DIN: 00016909), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 11.39% · other public 3.20%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

  3. To approve material related party transactions between the Company and Borosil Limited.
    OrdinaryPromoters have an interest in it
    96.93% for3.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.35%

    Turnout: all 1.78% · promoters 0.00% · institutions 43.10% · other public 5.19%

  4. To approve re-appointment of Mr. Vinayak Madhukar Patankar (DIN: 07534225) as Whole-time Director & CEO and Key Managerial Personnel of the Company.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 11.39% · other public 0.09%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

  5. To approve payment of remuneration to Mr. Vinayak Madhukar Patankar (DIN: 07534225) as Whole-time Director & CEO and Key Managerial Personnel of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

  6. To approve the raising of funds by way of issuance of Equity Shares / Securities, etc. of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 11.39% · other public 0.08%

    Turnout: all 69.90% · promoters 99.99% · institutions 43.10% · other public 4.74%

  7. To approve the amendments to the Employee Stock Option Schemes of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 11.39% · other public 0.10%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

  8. To approve secondary acquisition of shares through Trust route for the implementation of Employee Stock Option Schemes of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 11.39% · other public 0.08%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

  9. To approve provision of money by the Company for purchase of its own shares by the Trust under Employee Stock Option Schemes of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 11.39% · other public 0.05%

    Turnout: all 70.13% · promoters 99.99% · institutions 43.10% · other public 5.45%

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, 11 Aug 2025, 6 resolutions

67,146 shareholders on the register on 4 Aug 2025; present: 10 promoters and 85 others; votes counted by DHRUMIL M. SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)

  1. To consider and adopt a) the Audited Standalone Financial Statement of the Company for the financial year ended 31st March, 2025, the reports of the Board of Directors and Statutory Auditor thereon; and b) the Audited Consolidated Financial Statement of the Company for the financial year ended 31st March, 2025 and report of Statutory Auditor thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 74.00% · promoters 100.00% · institutions 59.95% · other public 18.85%

  2. To approve re-appointment of Mr. Shreevar Kheruka (DIN: 01802416), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 74.00% · promoters 100.00% · institutions 59.95% · other public 18.85%

  3. To approve continuation of directorship of Mr. Pradeep Kumar Kheruka (DIN: 00016909), as a Non-Executive Director, after attaining the age of 75 years.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 74.00% · promoters 100.00% · institutions 59.95% · other public 18.85%

  4. To appoint M/s. Amogh Diwan & Associates, Practising Company Secretaries, as Secreterial Auditor of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 74.00% · promoters 100.00% · institutions 59.95% · other public 18.85%

  5. To approve the material related party transaction between the Company and Borosil Limited.
    OrdinaryPromoters have an interest in it
    88.19% for11.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.17%

    Turnout: all 6.11% · promoters 0.00% · institutions 59.95% · other public 18.59%

  6. To approve the raising of funds by way of issuance of Equity Shares/Securities, etc. of the Company.
    Special
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.86%

    Turnout: all 73.80% · promoters 100.00% · institutions 59.95% · other public 18.22%

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, 23 Jan 2025, 2 resolutions

69,538 shareholders on the register on 13 Dec 2024; votes counted by Mr. Dhrumil M. Shah / M/s. Dhrumil M. Shah & Co. LLP.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Kewal Kundanlal Handa (DIN: 00056826) as an Independent Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 11.78% · other public 0.08%

    Turnout: all 71.83% · promoters 100.00% · institutions 58.15% · other public 11.84%

  2. Re-appointment of Mrs. Anupa Sahney (DIN: 00341721) as an Independent Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 11.78% · other public 0.09%

    Turnout: all 71.83% · promoters 100.00% · institutions 58.15% · other public 11.83%

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, 3 Sep 2024, 6 resolutions

Present: 10 promoters and 65 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statement of the Company for the Financial Year ended 31st March, 2024, the reports of the Board of Directors and Statutory Auditor thereonnTo consider and adopt the Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2024 and report of Statutory Auditor thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.54% · promoters 100.00% · institutions 42.59% · other public 17.31%

  2. To approve re-appointment of Mr. Vinayak Patankar, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 5.01% · other public 0.01%

    Turnout: all 73.54% · promoters 100.00% · institutions 42.59% · other public 17.31%

  3. To approve raising of funds by way of issue of Securities of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 3.28% · other public 0.01%

    Turnout: all 73.54% · promoters 100.00% · institutions 42.59% · other public 17.31%

  4. To approve the material related party transaction between the Company and Borosil Limited.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 5.66% · promoters 0.00% · institutions 42.59% · other public 17.31%

  5. To approve Borosil Scientific Limited - Employee Stock Option Scheme
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 23.81% · other public 0.01%

    Turnout: all 73.54% · promoters 100.00% · institutions 42.59% · other public 17.30%

  6. To approve grant of Employee Stock Options to the Employees of Subsidiary Company(ies) of the Company under Borosil Scientific Limited - Employee Stock Option Scheme
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 23.81% · other public 0.01%

    Turnout: all 73.54% · promoters 100.00% · institutions 42.59% · other public 17.31%

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

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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.