Dollex Agrotech logo

Dollex Agrotech MD, chairman, board of directors and AGM

NSE: DOLLEXBSE: 544908Agricultural Food & other Products

Last close ₹28.07down ₹6.14 (17.95%)BSE ₹28.48

Share price at the NSE close on 23 Oct 2026. Previous close ₹34.21.

52-week range of traded prices to 23 Oct 2026
₹26.00Low, 27 Mar 2026₹42.95High, 31 Oct 2025
Market cap
₹112 Cr
P/E
14.1
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
8.4%
Debt to equity
1.27
Volume, NSE
3,48,20160.8% delivered

Dollex Agrotech 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 directorMEHMOOD KHAN
  • Company Secretary and Compliance OfficerMs. Siddhi Banthiya

6 directors3 independent2 executive1 non-executive

  • MEHMOOD KHAN · Chairperson and managing directorExecutive · joined Apr 2017 · reappointed Apr 2022 · 1 listed board · 2 committee seats
  • MUNNI KHANExecutive · joined Dec 2018 · reappointed Jul 2022 · 1 listed board · 1 committee seat
  • PRAVEEN KUMAR JAINIndependent · joined Aug 2025 · 60 months as independent · 1 listed board · 1 as independent
  • RUCHI SOGANIIndependent · joined Jun 2022 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • NADEEM KHANNon-executive · joined Feb 2026 · 1 listed board
  • NARENDRA GUPTAIndependent · joined May 2026 · 60 months as independent · 1 listed board · 1 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.

3 directors who left
  • VIJAI SINGH BHARAKTIYA, left 24 Jul 2025: Others
  • KHUSRO NISAR, left 23 Jun 2025: Others
  • MANISH JOSHI, left 22 May 2025: Others

Committees and meetings

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

  • Board

    • 3 Aug 20264 of 6 present2 independent · 64 days in between
    • 30 May 20264 of 5 present2 independent

  • Audit Committee

    Chair PRAVEEN KUMAR JAIN

    RUCHI SOGANI, MEHMOOD KHAN

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

  • Nomination and remuneration committee

    Chair RUCHI SOGANI

    PRAVEEN KUMAR JAIN, NADEEM KHAN

    • 13 Aug 20262 of 3 present2 independent · 74 days in between
    • 30 May 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair RUCHI SOGANI

    MUNNI KHAN, MEHMOOD KHAN

    No meeting listed in the filing.

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. S N Gadiya & Co.Peer-review certificate valid to Mar 2027
1 earlier auditor
  • S.N. GADIYA & CO.Named in the filing for the quarter to Mar 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.

Dollex Agrotech 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.Dollex Agrotech share news and announcements

Annual general meeting, 27 Aug 2026

1,047 shareholders on the register on 20 Aug 2026; present: 6 promoters and 21 others; votes counted by MR. VIKAS KUMAR VERMA / VIKAS VERMA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2026 together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 51.08% · promoters 100.00% · other public 0.02%

  2. Re- appointment of Mrs. Munni Khan (DIN : 00027334), who retires by rotation, and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 36.68% · promoters 71.82% · other public 0.02%

  3. To Ratify the Remuneration payable to Cost Auditors for the Financial Year 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 51.08% · promoters 100.00% · other public 0.02%

  4. To Consider and approve the Appointment of Mr. Narendra Gupta (DIN: 11741764) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 51.08% · promoters 100.00% · other public 0.02%

  5. Re-Appointment of Mr. Mehmood Khan, (DIN: 00069224) as Managing Director of the Company for a Term 5 (five ) Consecutive Years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 24.06% · promoters 47.11% · other public 0.02%

  6. To rescind/supersede the Ordinary Resolution passed by the Members through Postal Ballot dated 15th March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 51.08% · promoters 100.00% · other public 0.02%

  7. Increase in Authorized Share Capital of the Company and Consequential Alteration of Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 51.08% · promoters 100.00% · other public 0.02%

  8. Approval for Waiver of Recovery of Excess sum refundable under Section 197 of Companies Act, 2013
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 51.08% · promoters 100.00% · other public 0.02%

  9. Approve the Remuneration Payable to Mr. Mehmood Khan (DIN: 00069224) Managing Director of the Company for the financial year 2026-27.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 24.06% · promoters 47.11% · other public 0.02%

  10. Approve the Remuneration Payable to Mrs. Munni Khan (DIN : 00027334) Whole Time Director of the Company for the financial year 2026-27.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 36.68% · promoters 71.82% · other public 0.02%

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, 15 Mar 2026, 3 resolutions

970 shareholders on the register on 6 Feb 2026; votes counted by Mr. Vikas Kumar Verma / M/s. Vikas Verma & Associates.The company's voting result (opens in a new tab)

  1. Migration of the Equity shares of the Company from NSE Emerge Platform to the Main Board of BSE & NSE
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 9.99% · promoters 17.83% · other public 0.72%

  2. Increase in Authorized Share Capital of the Company and Consequential Alteration of Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.53% · promoters 100.00% · other public 0.72%

  3. Regularization of Mr. Nadeem Khan (DIN: 00027212) as a Non-Executive Director (Non-Independent) of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.53% · promoters 100.00% · other public 0.72%

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, 29 Sep 2025, 7 resolutions

1,060 shareholders on the register on 22 Sep 2025; present: 6 promoters and 17 others; votes counted by Mr.Vikas Kumar Verma / Vikas Verma & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the Year Ended March 31, 2025 and the reports of the Board of Directors and Auditors Thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.84% · promoters 100.00% · other public 1.41%

  2. Re-Appointment of Mrs. Munni Khan (DIN: 00027334), who retires by rotation, and eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 27.55% · promoters 49.65% · other public 1.41%

  3. Appointment of Mr. Praveen Kumar Jain (DIN : 08036512) as an Independent Director for an initial term of Five Consecutive years commencing from the conclusion of the 12th Annual General Meeting and ending on the date of the 17th Annual General Meeting or on completion of five years, whichever is earlierMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.84% · promoters 100.00% · other public 1.41%

  4. Appointment of Mr. Anis Khan, as a Chief Executive Officer CEO of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 10.28% · promoters 17.78% · other public 1.41%

  5. To appoint Ms. Vikas Verma & Associates, firm of Company Secretaries in Practice as Secretarial Auditors for a Term of up to 5 Five consecutive Years, fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.84% · promoters 100.00% · other public 1.41%

  6. To Ratify the Remuneration payable to Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.84% · promoters 100.00% · other public 1.41%

  7. Variation in terms of objects of the Issue
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 54.84% · promoters 100.00% · other public 1.41%

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, 26 Sep 2024, 3 resolutions

Present: 6 promoters and 6 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the Year Ended 31st March, 2024 and Report of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.55% · promoters 100.00% · institutions 0.00% · other public 6.56%

  2. Appointment of Mr. Khusro Nisar (DIN : 00069224), Who retries by rotation, and being eligilbe offers himself for Re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.55% · promoters 100.00% · institutions 0.00% · other public 6.56%

  3. To ratify the Remuneration Payable to Cost Auditor Appointed by the Board of Director of the Company for the Financial Year 2024-2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.55% · promoters 100.00% · institutions 0.00% · other public 6.56%

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, 4 Oct 2023, 1 resolution

Present: 0 promoters and 0 others.The company's voting result (opens in a new tab)

  1. Migration from NSE Emerge (SME Platform) to Main Board of NSE.
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 17.53% · promoters 20.95% · institutions 0.00% · other public 8.89%

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, 28 Sep 2023, 7 resolutions

Present: 7 promoters and 4 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2023 ANDnTHE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

  2. APPOINTMENT OF MR. KHUSRO NISAR (DIN:00446545), WHO RETIRES BY ROTATION, ANDnBEING 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 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

  3. APPOINTMENT OF S.N GADIYA & CO., CHARTERED ACCOUNTANTS AS STATUTORY AUDITORnOF THE COMPANY AND TO AUTHORISE THE BOARD OF DIRECTORS OF THE COMPANY TO FIX THEIR REMUNERATION
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

  4. Approve the revision in remuneration Payable to Mr. Mehmood Khan (DIN:00069224) Managing Director of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

  5. Approve the revision in Remuneration Payable to Mrs. Munni Bee (DIN: 00027334) Whole Time Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

  6. To Rectify the remuneration Payable to Cost Auditor appointed by the Board of Director of the Company for the financial year 2022-2023 & 2023-2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

  7. Increase in Authorised Share Capital of the Company and consequential Alteration of Memorandum of Association of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.38% · promoters 100.00% · institutions 0.00% · other public 2.43%

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, 25 May 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of M/S. S N Gadiya & Co. (Firm Reg. No. 002052C) as Statutory Auditors to Fill Casual Vacancy Caused due to Resignation of M/S. Bansal Mukesh & Associates, Chartered Accountants (FRN: 008985C)MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 100.00%

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

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

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
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 Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesJun 2025, checked by Acuite Ratings and Research Limited–Working Capital for Ethanol Plant––No
Rights IssuesJun 2025, checked by Acuite Ratings and Research Limited–Requirements for Installation for Ethanol Plant––No
Rights IssuesJun 2025, checked by Acuite Ratings and Research Limited–General Corporate Purposes (GCP)––No
Rights IssuesJun 2025, checked by Acuite Ratings and Research Limited–Issue Related Expenses––No
₹ 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.