Cubex Tubings MD, chairman, board of directors and AGM
NSE: CUBEXTUBBSE: 526027Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹216.49.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- 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.
- ₹304 Cr2,666th 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 14 Aug 2026
- 40.3
- 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 16 May 2026
- 3.6
- 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 14 Aug 2026
- 9.5%
- 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
- 3.4%
- 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.
- 0.52
- Volume, NSEVolume. Shares traded on the last trading day.
- 9,240
Cubex Tubings board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorBHANDARI VIRENDRA
6 directors3 independent3 executive
- BHANDARI VIRENDRA · Chairperson and managing directorExecutive · joined Jan 2012 · reappointed Sep 2024 · 12 months as independent · 1 listed board
- AKSHAY BHANDARIExecutive · joined Sep 2024 · reappointed Jun 2026 · 12 months as independent · 1 listed board
- VEENA BHANDARIExecutive · joined Mar 2015 · reappointed Jun 2026 · 126 months as independent · 1 listed board
- SANDEEP KUMARIndependent · joined Aug 2012 · reappointed Dec 2020 · 157 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- VIPUL KUMAR JAINIndependent · joined Jun 2019 · reappointed Sep 2019 · 75 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- SURENDER ARKATHALAIndependent · joined Aug 2022 · reappointed Sep 2022 · 37 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
- 15 May 20266 of 6 present3 independent · 90 days in between
- 13 Feb 20266 of 6 present3 independent
Audit Committee
Chair VIPUL KUMAR JAIN
SANDEEP KUMAR, SURENDER ARKATHALA
- 15 May 20263 of 3 present3 independent · 90 days in between
- 13 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair SANDEEP KUMAR
SURENDER ARKATHALA, VIPUL KUMAR JAIN
- 15 May 20263 of 3 present3 independent · 90 days in between
- 13 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SANDEEP KUMAR
BHANDARI VIRENDRA, VIPUL KUMAR JAIN
- 15 May 20263 of 3 present3 independent · 90 days in between
- 13 Feb 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair SANDEEP KUMAR
BHANDARI VIRENDRA, VEENA BHANDARI
- 15 May 20263 of 3 present3 independent · 90 days in between
- 13 Feb 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.
- JMT & ASSOCIATES, MUMBAIPeer-review certificate valid to Mar 2027
1 earlier auditor
- JMT & ASSOCIATESNamed in filings from Mar 2025 to Mar 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.
Cubex Tubings 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.Cubex Tubings share news and announcements
Annual general meeting, 30 Jul 2026
24,882 shareholders on the register on 24 Jul 2026; present: 2 promoters and 86 others; votes counted by PUTCHA SARADA / P.SARADA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2026 including the Audited Balance Sheet and Statement of Profit & Loss for the year ended on that date and Reports of Directors and Auditors thereon for the said year.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 39.41% · promoters 88.32% · institutions 0.00% · other public 0.32%
- To appoint a Director in place of Mrs. Veena Bhandari (DIN: 06999665) who retires by rotation and being eligible offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 39.41% · promoters 88.32% · institutions 0.00% · other public 0.32%
- To appoint a Director in place of Mr. Akshay Bhandari (DIN: 09783327) who retires by rotation and being eligible offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 39.41% · promoters 88.32% · institutions 0.00% · other public 0.32%
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, 25 Sep 2025, 5 resolutions
14,481 shareholders on the register on 18 Sep 2025; present: 4 promoters and 70 others; votes counted by SARADA PUTCHA / NA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2025 including the Audited Balance Sheet and Statement of Profit & Loss for the year ended on that date and Reports of Directors and Auditors thereon for the said year:MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.00% · promoters 100.00% · institutions 0.00% · other public 19.04%
- To appoint a Director in place of Mr. Bhandari Veerandra (DIN: 00062228) who retires by rotation and being eligible offers himself for re-appointment.:OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 54.98% · promoters 99.95% · institutions 0.00% · other public 19.04%
- To appoint a Director in place of Mrs. VEENA BHANDARI (DIN: 03570489) who retires by rotation and being eligible offers herself for re-appointment:OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.98% · promoters 99.95% · institutions 0.00% · other public 19.04%
- To Re-Appoint M/s JMT ASSOCIATES, Chartered Accountants (Firm Registration No. 104167W) as Statutory Auditors of the Company for the Second Term of 4 Years:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 54.98% · promoters 99.95% · institutions 0.00% · other public 19.04%
- To appoint M/s. Sarada Putcha Practicing Company Secretaries as secretarial auditors for a term of upto 5 (five) consecutive years:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.98% · promoters 99.95% · institutions 0.00% · other public 19.04%
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, 12 Dec 2024, 3 resolutions
Present: 6 promoters and 65 others.The company's voting result (opens in a new tab)
- Appointment of Mr. Virendra Bhandari (DIN: 00062228), as Managing Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 56.15% · promoters 97.70% · institutions 0.00% · other public 22.95%
- 2.tREGULARIZATION OF MR. AKSHAY BHANDARI (DIN: 09783327), AS DIRECTOR OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 56.15% · promoters 97.70% · institutions 0.00% · other public 22.95%
- APPOINTMENT OF MR. AKSHAY BHANDARI (DIN: 09783327), AS WHOLE- TIME DIRECTOR OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.15% · promoters 97.70% · institutions 0.00% · other public 22.95%
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, 25 Jul 2024, 3 resolutions
Present: 6 promoters and 95 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Financial Statements of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.23% · promoters 88.32% · institutions 46.78% · other public 0.00%
- To appoint a Director in place of Mr. Surender Arkathala (DIN: 06999665) who retires bynrotationOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.02% · other public 0.00%
Turnout: all 65.23% · promoters 88.32% · institutions 46.78% · other public 0.00%
- To consider appointment of M/s. JMT & ASSOCIATES., CharterednACCOUNTANTS(FIRMREGDNO.104167W)Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 0.00%
Turnout: all 65.23% · promoters 88.32% · institutions 46.78% · 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.
Annual general meeting, 15 Jul 2023, 3 resolutions
Present: 6 promoters and 103 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for thenyear ended 31 st March 2023 including the Audited Balance Sheet and Statementnof Profit & Loss for the year ended on that date and Reports of Directors andnAuditors thereon for the said year.MoreLess
Ordinary98.80% for1.20% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.20%
Turnout: all 62.86% · promoters 88.32% · institutions 0.00% · other public 42.51%
- To appoint a Director in place of Mr. Bhandari Virendra (DIN: 00062228) whonretires by rotation and being eligible offers himself for re-appointment.Ordinary98.80% for1.20% against
Against: promoters 0.00% · institutions 0.00% · other public 3.20%
Turnout: all 62.86% · promoters 88.32% · institutions 0.00% · other public 42.51%
APPOINTMENT OF M/S. P C N & ASSOCIATES., CHARTEREDnACCOUNTANTS (FIRM REGD NO.016016S) AS STATUTORY AUDITORS TOnFILL CASUAL VACANCY CAUSED BY RESIGNATION OF M/S. P MURALI &nCO., CHARTERED ACCOUNTANTS (FIRM REGD NO.007257S):MoreLess
Ordinary98.80% for1.20% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.20%
Turnout: all 62.86% · promoters 88.32% · institutions 0.00% · other public 42.51%
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, 5 Sep 2022, 6 resolutions
Present: 6 promoters and 88 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2022 including the Audited Balance Sheet and Statement of Profit & Loss for the year ended on that date and Reports of Directors and Auditors thereon for the said year.MoreLess
Ordinary98.57% for1.43% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 62.78% · promoters 88.32% · institutions 0.00% · other public 42.36%
- To appoint a Director in place of Mrs. Veena Bhandari (DIN: 03570489) who retires by rotation and being eligible offers herself for re-appointmentOrdinary98.57% for1.43% against
Against: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 62.78% · promoters 88.32% · institutions 0.00% · other public 42.36%
- APPOINTMENT OF M/S. P MURALI & CO., CHARTERED ACCOUNTANTS (FIRM REG. NO.007257S) CHARTERED ACCOUNTANTS, HYDERABAD AS STATUTORY AUDITORS OF THE COMPANY:Ordinary98.57% for1.43% against
Against: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 62.78% · promoters 88.32% · institutions 0.00% · other public 42.36%
- APPOINTMENT OF MRS. VEENA BHANDARI (DIN: 03570489), AS WHOLE-TIMEnDIRECTOR OF THE COMPANYnOrdinary98.57% for1.43% against
Against: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 62.78% · promoters 88.32% · institutions 0.00% · other public 42.36%
- REGULARIZATION OF MR. SURENDER ARKATHALA (DIN: 06999665), AS DIRECTOR OF THE COMPANY:Ordinary98.57% for1.43% against
Against: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 62.78% · promoters 88.32% · institutions 0.00% · other public 42.36%
- APPOINTMENT OF MR. SURENDER ARKATHALA (DIN: 06999665) AS INDEPENDENT DIRECTOR OF THE COMPANY:Special98.57% for1.43% against
Against: promoters 0.00% · institutions 0.00% · other public 3.81%
Turnout: all 62.78% · promoters 88.32% · institutions 0.00% · other public 42.36%
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 2021, 6 resolutions
Present: 7 promoters and 96 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2021 including the Audited Balance Sheet and Statement of Profit & Loss for the year ended on that date and Reports of Directors and Auditors thereon for the said year.MoreLess
Ordinary99.14% for0.86% againstAgainst: promoters 0.00% · institutions 2.08% · other public 0.00%
Turnout: all 66.96% · promoters 88.32% · institutions 49.90% · other public 0.00%
- To appoint a Director in place of Mr. Virendra Bhandari (DIN: 00062228) who retires by rotation and being eligible offers himself for re-appointment.OrdinaryPromoters have an interest in it99.14% for0.86% against
Against: promoters 0.00% · institutions 2.08% · other public 0.00%
Turnout: all 66.96% · promoters 88.32% · institutions 49.90% · other public 0.00%
- RE-APPOINTMENT OF MR. PUSHPA RAJ BHANDARI (DIN: 00062271) AS MANAGING DIRECTOR OF THE COMPANY:Special99.14% for0.86% against
Against: promoters 0.00% · institutions 2.08% · other public 0.00%
Turnout: all 66.96% · promoters 88.32% · institutions 49.90% · other public 0.00%
- INCREASE IN REMUNERATION OF MR. PUSHPA RAJ BHANDARI (DIN: 00062271),MANAGING DIRECTOR OF THE COMPANY:Special0.16% for99.84% against
Against: promoters 100.00% · institutions 99.62% · other public 0.00%
Turnout: all 66.96% · promoters 88.32% · institutions 49.90% · other public 0.00%
- INCREASE IN REMUNERATION OF MR. VIRENDRA BHANDARI (DIN: 00062228), WHOLETIME DIRECTOR OF THE COMPANY:Special0.16% for99.84% against
Against: promoters 100.00% · institutions 99.62% · other public 0.00%
Turnout: all 66.96% · promoters 88.32% · institutions 49.90% · other public 0.00%
- INCREASE IN REMUNERATION OF MRS. VEENA BHANDARI (DIN: 03570489), WHOLETIME DIRECTOR OF THE COMPANY:Special0.15% for99.85% against
Against: promoters 100.00% · institutions 99.64% · other public 0.00%
Turnout: all 67.05% · promoters 88.60% · institutions 49.89% · 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.
Annual general meeting, 23 Dec 2020, 3 resolutions
Present: 7 promoters and 93 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2020 including the Audited Balance Sheet and Statement of Profit & Loss for the year ended on that date and Reports of Directors and Auditors thereon for the said year.MoreLess
Ordinary91.14% for8.86% againstAgainst: promoters 0.00% · institutions 0.00% · other public 22.64%
Turnout: all 72.96% · promoters 100.00% · institutions 0.00% · other public 51.65%
- To appoint a Director in place of Mrs. Veena Bhandari (DIN: 03570489) who retires by rotation and being eligible offers herself for re-appointment.Ordinary91.14% for8.86% against
Against: promoters 0.00% · institutions 0.00% · other public 22.64%
Turnout: all 72.96% · promoters 100.00% · institutions 0.00% · other public 51.64%
- Re-Appointment of Mr. Sandeep Kumar (DIN: 05192591), as Independent Director of the CompanySpecial91.14% for8.86% against
Against: promoters 0.00% · institutions 0.00% · other public 22.66%
Turnout: all 72.96% · promoters 100.00% · institutions 0.00% · other public 51.65%
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.