Elantas Beck India MD, chairman, board of directors and AGM
NSE: ELANTASBSE: 500123Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹13,015.00.
- Next results date: the board meets on 28 Oct 2026 to consider: quarterly 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.
- ₹9,740 Cr663rd 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 4 Aug 2026
- 54.9
- 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 4 Aug 2026
- 8.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.06%
- 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 4 Aug 2026
- 17.4%
- 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 4 Aug 2026
- 17.6%
- 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 Jun 2026. The filing of 4 Aug 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,75651.5% delivered
Elantas Beck India board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonMARTIN BABILAS
- Managing directorANURAG ROY
- Company Secretary and Compliance OfficerAshutosh Kulkarni
7 directors3 independent1 executive3 non-executive
- MARTIN BABILAS · ChairpersonNon-executive · joined May 2014 · 1 listed board
- STEFAN GENTENNon-executive · joined Jul 2018 · 1 listed board
- RAVINDRA KUMARNon-executive · joined Nov 2022 · 1 listed board · 1 committee seat
- NANDKUMAR DHEKNEIndependent · joined Jul 2021 · 60 months as independent · 3 listed boards · 3 as independent · 5 committee seats
- USHA RAJEEVIndependent · joined Jul 2022 · 48 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
- SUJJAIN TALWARIndependent · joined Jun 2023 · 37 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
- ANURAG ROY · Managing directorExecutive · joined Feb 2025 · 1 listed board · 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.
1 director who left
- SRIKUMAR RAMAKRISHNAN, left 1 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 2 Jun 20264 of 7 present3 independent · 20 days in between
- 12 May 20263 of 7 present2 independent · 76 days in between
- 24 Feb 20266 of 7 present3 independent
Audit Committee
Chair USHA RAJEEV
RAVINDRA KUMAR, SUJJAIN TALWAR, NANDKUMAR DHEKNE
- 12 May 20262 of 4 present2 independent · 76 days in between
- 24 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair NANDKUMAR DHEKNE
RAVINDRA KUMAR, SUJJAIN TALWAR
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair SUJJAIN TALWAR
ANURAG ROY, NANDKUMAR DHEKNE
No meeting listed in the filing.
Risk Management Committee
RAVINDRA KUMAR, USHA RAJEEV, ANURAG ROY, Vivek Thorat
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair SUJJAIN TALWAR
USHA RAJEEV, ANURAG ROY
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 Dec 2025.
- M/s. Price Waterhouse Chartered Accountants LLPPeer-review certificate valid to Nov 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.
Elantas Beck 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.Elantas Beck India dividend history
Annual general meeting, 12 May 2026
9,509 shareholders on the register on 5 May 2026; present: 1 promoter and 58 others; votes counted by CS Jayesh Parmar / Prajot Tungare & Associates.The company's voting result (opens in a new tab)
- Consideration & adoption of the Audited Financial Statements for the financial year ended 31 Dec, 2025 along with the Reports of the Board of Directors & the Statutory Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 87.33% · promoters 100.00% · institutions 83.71% · other public 0.46%
- Declaration of a dividend of Rs. 7.50/- per equity share for the financial year ended on 31st December, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 87.33% · promoters 100.00% · institutions 83.71% · other public 0.46%
- Re-appointment of a Director in place of Mr. Ravindra Kumar (DIN: 06755402) who retires by rotation, and being eligible, offers himself for re-appointmentOrdinary90.36% for9.64% against
Against: promoters 0.00% · institutions 68.56% · other public 0.03%
Turnout: all 87.33% · promoters 100.00% · institutions 83.71% · other public 0.46%
- To appoint M S K A & Associates LLP, Chartered Accountants as the Statutory Auditors for a five consecutive years from the conclusion of 70th AGM until the conclusion of the 75th AGMOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 87.33% · promoters 100.00% · institutions 83.71% · other public 0.46%
- To ratify the remuneration of Dhananjay V. Joshi & Associates, the Cost Auditors for the financial year ending on 31st December, 2025OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 87.33% · promoters 100.00% · institutions 83.71% · other public 0.46%
- Re-appointment of Mr. Nandkumar Dhekne (DIN: 02189370) as an Independent Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.02%
Turnout: all 87.33% · promoters 100.00% · institutions 83.71% · other public 0.46%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 12 May 2026, 3 fund houses
- Consideration & adoption of the Audited Financial Statements for the financial year ended 31 Dec, 2025 along with the Reports of the Board of Directors & the Statutory Auditors thereon3 for0 against
- Declaration of a dividend of Rs. 7.50/- per equity share for the financial year ended on 31st December, 20253 for0 against
- Re-appointment of a Director in place of Mr. Ravindra Kumar (DIN: 06755402) who retires by rotation, and being eligible, offers himself for re-appointment
Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Motilal Oswal Mutual FundLow attendance at the Board & Committee meetings.
- Nippon India Mutual FundGovernance Concern: Low attendance at Audit Committee meetings as well as Board meetings and no justification has been provided for such leave of absence.
1 for2 against - To appoint M S K A & Associates LLP, Chartered Accountants as the Statutory Auditors for a five consecutive years from the conclusion of 70th AGM until the conclusion of the 75th AGM3 for0 against
- To ratify the remuneration of Dhananjay V. Joshi & Associates, the Cost Auditors for the financial year ending on 31st December, 20253 for0 against
- Re-appointment of Mr. Nandkumar Dhekne (DIN: 02189370) as an Independent Director of the Company
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundConsistent low attendance of Directors Reflects ineffective NRC Chair Oversight.
2 for1 against
Mutual fund votes, meeting of 30 Apr 2025, 2 fund houses
- To appoint a Director in place of Mr. Martin Babilas (DIN: 00428631) who retires by rotation, and being eligible, offers himself for re- appointment.2 for0 against
To appoint Prajot Tungare and Associates, a firm of Practicing Company Secretaries (firm registration no. P2001MH010200), as the Secretarial Auditors of the Company, for a term of 5 (five) consecutive financial years (from 01 January, 2025 to 31 December, 2029), to hold the office from conclusion of 69 Annual General Meeting (AGM) till the conclusion of 74 AGM of the Company to be held in the year 2030, at a remuneration to be fixed by the Board of Directors of the Company.MoreLess
2 for0 against- To declare a dividend of Rs. 7.50 per equity share for the financial year ended on 31 December, 2024.2 for0 against
To ratify the remuneration Rs. 2,00,000 as Audit fees plus out of pocket expenses at actuals plus applicable taxes, payable to Dhananjay V. Joshi and Associates, Cost Accountants, Pune (Firm Registration No. 000030) as Cost Auditors of the Company, to conduct the audit of the cost records of the Company for the financial year ending on 31 December, 2024.MoreLess
2 for0 againstTo receive, consider, approve and adopt the Audited Financial Statements of the Company for the financial year ended 31 December, 2024 along with the Reports of the Board of Directors and the Statutory Auditors thereon.MoreLess
2 for0 against
6 earlier meetings
Mutual fund votes, meeting of 8 Mar 2025, 2 fund houses
- Approve the appointment of Mr. Anurag Roy (DIN: 07444595) as a Director of the Company.2 for0 against
Approve the appointment of Mr. Anurag Roy (DIN: 07444595) as Managing Director of the Company for a term from 1st February, 2025 to 31st December, 2027 (both days inclusive), not being liable to retire by rotation and including remuneration.MoreLess
2 for0 against
Mutual fund votes, meeting of 7 May 2024, 2 fund houses
Ratification of remuneration of Rs.1,75,000 as Audit fees plus out of pocket expenses at actuals plus applicable taxes, at actuals plus applicable taxes, payable to Dhananjay V. Joshi and Associates, Cost Accountants, Pune (Firm Registration No. 000030) as Cost Auditors of the Company to conduct the audit of the cost records of the Company for the financial year ending on on 31st December, 2023.MoreLess
2 for0 against- To appoint a Director in place of Mr. Ravindra Kumar (DIN: 06755402) who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To declare a dividend of Rs.5 per equity share for the financial year ended on 31st December, 2023.2 for0 against
To receive, consider, approve and adopt the Audited Financial Statements of the Company for the financial year ended 31 December, 2023 along with the Reports of the Board of Directors and the Statutory Auditors thereon.MoreLess
2 for0 against
Mutual fund votes, meeting of 29 Jul 2023, 2 fund houses
- Appoint Sujjain Talwar (DIN: 01756539) as Independent Director for five years from 22 June 20231 for0 against
- Appointment of Mr. Sujjain Talwar (DIN: 01756539) as an Independent Director of the Company, not liable to retire by rotation, for a period of Five years from 22 June 2023 to 21 June 2028.1 for0 against
Mutual fund votes, meeting of 9 May 2023, 2 fund houses
- Adoption of financial statements for the year ended 31 December 20221 for0 against
- Approve final dividend of Rs. 5.0 per equity share of face value of Rs. 10.0 per share for 20221 for0 against
Ratification of remuneration of Rs.1,75,000/- as Audit fees plus out of pocket expenses at actuals plus applicable taxes, payable to Dhananjay V. Joshi & Associates, Cost Accountants, Pune (Firm Registration No. 000030) as Cost Auditors of the Company to conduct the audit of the cost records of the Company for the financial year ending on December 31, 2022MoreLess
1 for0 against- Ratify remuneration of Rs. 175,000 payable to Dhananjay V. Joshi & Associates as Cost Auditors for 20221 for0 against
- Reappoint Martin Babilas (DIN: 00428631) as Non-Executive Non-Independent Director, liable to retire by rotation1 for0 against
- To appoint a Director in place of Mr. Martin Babilas (DIN: 00428631) who retires by rotation and being eligible, offers himself for re-appointment.
Against Nippon India Mutual Fund
- Nippon India Mutual FundLow Attendance
0 for1 against - To consider and adopt the Audited Financial Statements for the year ended December 31, 2022 along with the Reports of the Board of Directors and Auditors thereon.1 for0 against
- To declare a dividend on Equity Shares for the year 2022.1 for0 against
Mutual fund votes, meeting of 12 Dec 2022, 2 fund houses
- Appoint Ravindra Kumar (DIN: 06755402) as Non-Executive Non-Independent Director, liable to retire by rotation, from 2 November 20221 for0 against
- Approval for appointment of Mr. Ravindra Kumar (DIN: 06755402) as Non-Executive & Non-Independent Director of the Company liable to retire by rotation.1 for0 against
Mutual fund votes, meeting of 11 Sep 2022, 2 fund houses
- Appoint Ms. Usha Rajeev (DIN: 05018645) as an Independent Director for five years from 27 July 20221 for0 against
- Approval for appointment of Mrs. Usha Rajeev (DIN: 05018645) as a Director in the capacity of Independent Director of the Company for a period of Five years from 27 July 2022 to 26 July 2027.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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
- 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.