Classic Electrodes (India) logo

Classic Electrodes (India) MD, chairman, board of directors and AGM

NSE: CLASSICEILIndustrial Products

Last close ₹44.20down ₹2.80 (5.96%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹47.00.

52-week range of traded prices to 23 Oct 2026
₹34.75Low, 30 Mar 2026₹95.40High, 23 Oct 2025
Market cap
₹79 Cr
P/E
6.3
P/B
0.8
Dividend yield
Nonein the last 12 months
ROE
18.1%
Debt to equity
0.20
Volume, NSE
25,60087.5% delivered

Classic Electrodes (India) board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

    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.

    Statutory auditor

    Named in the results for the quarter to Mar 2026.

    • KPMR & AssociatesPeer-review certificate valid to Oct 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.

    Classic Electrodes (India) 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.Classic Electrodes (India) share news and announcements

    Annual general meeting, 28 Sep 2026

    675 shareholders on the register on 21 Sep 2026; present: 9 promoters and 3 others; votes counted by Himanshu Surendrakumar Gupta / Himanshu S K Gupta & Associates.The company's voting result (opens in a new tab)

    1. To receive, consider and adopt the Audited Financial Statements for the Financial Year ended on 31st March, 2026 together with the Reports of the Board of Director’s and Auditor’s thereon
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 72.77% · promoters 100.00% · institutions 0.00% · other public 6.21%

    2. To consider and approve appointment of Mr. Sunil Kumar Mittal (DIN 01123656) as a Director of the Company, who retires by rotation and being eligible offers himself for re-appointment
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 72.77% · promoters 100.00% · institutions 0.00% · other public 6.21%

    3. Appointment of Ms. Komal Agarwal (DIN: 11792378), as a Non-Executive Director of the Company
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 72.77% · promoters 100.00% · institutions 0.00% · other public 6.21%

    4. Ratification of Remuneration of the Cost Auditors for the Financial Year ending on 31st March, 2027
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 72.77% · promoters 100.00% · institutions 0.00% · other public 6.21%

    5. To approve the material transactions to be entered with Kritika Wires Limited, a related party
      SpecialPromoters have an interest in it
      100.00% for0.00% against

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

      Turnout: all 67.52% · promoters 92.60% · institutions 0.00% · other public 6.21%

    6. To approve the material transactions to be entered with Jai Hanuman Industrial Corporation, a related party
      SpecialPromoters have an interest in it
      100.00% for0.00% against

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

      Turnout: all 70.13% · promoters 96.28% · institutions 0.00% · other public 6.21%

    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.

    Extraordinary general meeting, 5 May 2026, 1 resolution

    565 shareholders on the register on 28 Apr 2026; present: 14 promoters and 1 others; votes counted by Himanshu Surendrakumar Gupta / Himanshu S K Gupta & Associates.The company's voting result (opens in a new tab)

    1. ALTERATION OF OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.
      Special
      100.00% for0.00% against

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

      Turnout: all 58.74% · promoters 81.50% · institutions 0.00% · other public 0.25%

    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.

    Tax disputes

    Reported in the filing for the quarter to Jun 2026.

    • Tax disputeCustoms Appellate Authority, KolkataSince 30 Aug 2013
      CEIL has filed an appeal before the Commissioner (Appeals) of Customs, Kolkata. Subsequently, a stay application has also been filed before the same authority. The matter is currently pending and the next hearing date is not yet been intimated.MoreLess
      At the filing before: pending
    • Tax disputeMr. Vikas Gupta, Resolution Professional of M/s Hema Engineering Industries LimitedSince 22 Feb 2022
      The matter is currently pending before the Hon’ble NCLT, New Delhi.
      At the filing before: Pending
    • Tax disputeIncome Tax DepartmentSince 1 Apr 2025
      The pending tax proceeding comprise one direct tax case involving an amount of ₹20,000, in respect of which the Company is aggrieved and has filed an appeal.
      At the filing before: Pending
    • Tax disputeGST DepartmentSince 4 Feb 2025
      The Pending GST proceeding comprise one Indirect tax case involving an amount of ₹ 24,56,544, in respect of which the Company is aggrieved and has filed an appeal
      At the filing before: Pending

    In the company's own words, from its latest governance filing.

    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 filing has a part on fines and penalties
    No
    The filing has a part on tax disputes
    Yes

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Mar 2026.

    RaisedAmount raisedForSet asideSpentSpent elsewhere
    Public IssuesSep 202541.51Funding Capital expenditure of our company1.471.47No
    Public IssuesSep 202541.51Prepayment or repayment of certain outstanding borrowings availed by the company10.005.83No
    Public IssuesSep 202541.51Funding the Working capital Requirements of the Co.16.6016.60No
    Public IssuesSep 202541.51General Corporate Purposes9.289.28No
    Public IssuesSep 202541.51IPO Expenses4.154.15No
    ₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.