Foods & Inns MD, chairman, board of directors and AGM
NSE: FOODSINBSE: 507552Food ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹44.24.
- 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.
- ₹313 Cr1,923rd 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 11 Aug 2026
- 12.8
- 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 30 May 2026
- 0.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.71%
- 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 11 Aug 2026
- 4.4%
- 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 11 Aug 2026
- 7.1%
- 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. The filing of 30 May 2026
- 0.74
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 91,50052.3% delivered
Foods & Inns 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
- ChairpersonBHUPENDRA DALAL
- Managing directorMILAN DALAL
8 directors5 independent1 executive2 non-executive
- BHUPENDRA DALAL · ChairpersonNon-executive · joined Apr 2008 · 1 listed board · 1 committee seat
- MILAN DALAL · Managing directorExecutive · joined Apr 2022 · 4 listed boards · 2 committee seats
- RAYMOND SIMKINSNon-executive · joined Aug 1995 · 2 listed boards
- MANECK DAVAR · Shareholder DirectorIndependent · joined Sep 2019 · reappointed Aug 2024 · 84 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
- Hormazdiyaar Vakil · Shareholder DirectorIndependent · joined Aug 2018 · reappointed Aug 2023 · 97 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Adityapuram Seshadrinathan · Shareholder DirectorIndependent · joined Aug 2023 · 37 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- Sanjay Naik · Shareholder DirectorIndependent · joined Nov 2023 · 34 months as independent · 1 listed board · 1 as independent
- Karishma Bhalla · Shareholder DirectorIndependent · joined Aug 2023 · 37 months as independent · 2 listed boards · 2 as independent · 2 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
- 11 Aug 20267 of 8 present4 independent · 73 days in between
- 29 May 20268 of 8 present5 independent
Audit Committee
Chair Adityapuram Seshadrinathan
BHUPENDRA DALAL, MANECK DAVAR, Hormazdiyaar Vakil
- 11 Aug 20264 of 4 present3 independent
- 29 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Hormazdiyaar Vakil
Adityapuram Seshadrinathan, BHUPENDRA DALAL
- 11 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair MANECK DAVAR
Karishma Bhalla, MILAN DALAL
No meeting listed in the filing.
Risk Management Committee
Chair BHUPENDRA DALAL
MILAN DALAL, MANECK DAVAR
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Hormazdiyaar Vakil
BHUPENDRA DALAL, MILAN DALAL
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.
- G. M. Kapadia and Co.Peer-review certificate valid to Apr 2027
1 earlier auditor
- G. M. Kapadia & 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.
Foods & Inns 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.Foods & Inns dividend history
Annual general meeting, 28 Sep 2026
21,755 shareholders on the register on 18 Sep 2026; present: 3 promoters and 48 others; votes counted by Ragini Chokshi / Ragini Chokshi & Co.The company's voting result (opens in a new tab)
To receive, consider and adopt: a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon; and b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026 together with the Report of the Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 10.10% · promoters 36.65% · institutions 0.00% · other public 1.09%
- Declaration of Dividend.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 10.10% · promoters 36.65% · institutions 0.00% · other public 1.09%
- Re-appointment of Mr. Mr. Raymond Simkins (DIN: 01573312) as a Director liable to retire by rotation.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 10.10% · promoters 36.65% · institutions 0.00% · other public 1.09%
- Commission to Non-Executive Directors.Special99.28% for0.72% against
Against: promoters 0.00% · institutions 0.00% · other public 9.09%
Turnout: all 10.10% · promoters 36.65% · institutions 0.00% · other public 1.09%
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 Sep 2025, 6 resolutions
23,691 shareholders on the register on 15 Sep 2025; present: 18 promoters and 23,715 others; votes counted by Ragini Chokshi / Ragini Chokshi & Co..The company's voting result (opens in a new tab)
To receive, consider and adopt: a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon; and b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025 together with the Report of the Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 15.09% · promoters 57.20% · institutions 0.07% · other public 1.43%
- Declaration of DividendOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 15.09% · promoters 57.20% · institutions 0.07% · other public 1.43%
- Re-appointment of Mr. Bhupendra Dalal (DIN: 00061492) as a Director liable to retire by rotationOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 11.74% · promoters 43.56% · institutions 0.07% · other public 1.43%
- Appointment of M/s Ragini Chokshi & Co., Practicing Company Secretary as a Secretarial Auditor of the Company for 1st Term of 5 yearsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 15.09% · promoters 57.20% · institutions 0.07% · other public 1.43%
- Amendment in Resolution of commission against Guarantee given by Mr. Bhupendra DalalSpecialPromoters have an interest in it99.40% for0.60% against
Against: promoters 0.00% · institutions 100.00% · other public 6.59%
Turnout: all 11.74% · promoters 43.55% · institutions 0.07% · other public 1.43%
- To Obtain Approval To Grant Any Loans/Advances, Give Guarantee, Provide Security under Section 185 Of The Companies Act, 2013Special99.98% for0.02% against
Against: promoters 0.00% · institutions 100.00% · other public 0.18%
Turnout: all 15.09% · promoters 57.20% · institutions 0.07% · other public 1.43%
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.
Annual general meeting, 24 Sep 2024, 4 resolutions
Present: 3 promoters and 35 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Consolidated Financial Statements of the Company for the financial year ended on 31st March, 2024 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 20.21% · promoters 68.54% · institutions 0.03% · other public 11.36%
- Declaration of DividendOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 20.21% · promoters 68.54% · institutions 0.03% · other public 11.36%
- Re-appointment of Mr. Raymond Simkins (DIN: 01573312) as a Director liable to retire by rotationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 20.21% · promoters 68.54% · institutions 0.03% · other public 11.36%
- Re-appointment of Mr. Maneck Davar (DIN: 01990326) as an Independent Director of the Company for 2nd termSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 20.21% · promoters 68.54% · institutions 0.03% · other public 11.36%
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.
Postal ballot, 5 Feb 2024, 2 resolutions
The company's voting result (opens in a new tab)
- TO CONSIDER APPOINTMENT OF MR. SANJAY NAIK (DIN: 10382124) AS DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 27.82% · promoters 51.84% · institutions 0.00% · other public 19.20%
- ENHANCE LIMITS TO GIVE LOANS OR INVEST FUNDS OF THE COMPANY SPECIFIED UNDER SECTION 186 OF THE COMPANIES ACT, 2013Special99.87% for0.13% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 27.82% · promoters 51.84% · institutions 0.00% · other public 19.20%
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 Sep 2023, 8 resolutions
Present: 4 promoters and 42 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt Audited Standalone Consolidated Financial Statements of the Company for the financial year ended on 31st March, 2023 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- Declaration of DividendOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- Re-appointment of Mr. Bhupendra Dalal (DIN: 00061492) as a Director liable to retire by rotation.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- Re-appointment of Mr. Hormazdiyaar S. Vakil (DIN: 00060835) as an Independent Director of the Company for 2nd term.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- Approval of Appointment of Mr. A. V. Seshadrinathan (DIN: 00854359) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- Approval of Appointment of Ms. Karishma Bhalla (DIN: 08729754) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- Reclassification of persons forming part of the Promoter / Promoter Group from Promoter & Promoter Group Category to Public Category.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 38.65% · promoters 54.41% · institutions 23.77% · other public 32.49%
- To approve Commission against guarantee to Mr. Bhupendra Dalal.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 23.11% · promoters 0.00% · institutions 23.77% · other public 32.49%
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, 9 Dec 2022, 1 resolution
Present: 6 promoters and 28 others.The company's voting result (opens in a new tab)
- Issuance of Equity Warrants of the Company to certain identified persons / entity on Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.94% · promoters 80.55% · institutions 0.00% · other public 27.61%
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, 22 Sep 2022, 6 resolutions
Present: 3 promoters and 60 others.The company's voting result (opens in a new tab)
- Adoption of Financial Statements for the Financial Year ended March 31, 2022Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 50.91% · promoters 85.48% · institutions 0.00% · other public 25.20%
- Declaration of Final Dividend of 0.25 per equity shares of Face Value of Re.1/- (Rupee One Only) on Equity Shares for the Financial Year ended March 31, 2022.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 50.91% · promoters 85.48% · institutions 0.00% · other public 25.20%
- Re-appointment of Mr. Raymond Simkins (DIN: 01573312) as a Director liable to retire by rotationSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 50.91% · promoters 85.48% · institutions 0.00% · other public 25.20%
- Re-appointment of Statutory Auditors and to fix their remunerationOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 50.91% · promoters 85.48% · institutions 0.00% · other public 25.20%
- Borrowing Limits of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 50.91% · promoters 85.48% · institutions 0.00% · other public 25.20%
- Acceptance of Fixed DepositSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 50.91% · promoters 85.48% · institutions 0.00% · other public 25.20%
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, 3 Mar 2022, 2 resolutions
Present: 8 promoters and 46 others.The company's voting result (opens in a new tab)
- Issue of securities for an amount up to and not exceed ing Rs.180 crores (Rupees onenhundred and eighty crores) or in any other equivalent currencySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 70.18% · promoters 95.96% · institutions 0.00% · other public 48.90%
- Approval for appointment of Managing Director of the CompanyOrdinaryPromoters have an interest in it53.22% for46.78% against
Against: promoters 62.37% · institutions 0.00% · other public 28.23%
Turnout: all 58.65% · promoters 70.48% · institutions 0.00% · other public 48.89%
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.
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.