Forcas Studio logo

Forcas Studio MD, chairman, board of directors and AGM

NSE: FORCASTextiles & Apparels

Last close ₹203.30down ₹8.65 (4.08%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹211.95.

52-week range of traded prices to 23 Oct 2026
₹91.50Low, 23 Jun 2026₹249.95High, 1 Oct 2026
Market cap
₹357 Cr
P/E
20.0
P/B
3.8
Dividend yield
Nonein the last 12 months
ROE
21.9%
Debt to equity
0.81
Volume, NSE
16,00060.0% delivered

Forcas Studio 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

    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.

    • AGARWAL KHETAN & COPeer-review certificate valid to Jan 2027

    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.

    Forcas Studio 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.Forcas Studio share news and announcements

    Annual general meeting, 23 Sep 2026

    525 shareholders on the register on 16 Sep 2026; present: 2 promoters and 6 others; votes counted by Md Shahnawaz / M Shahnawaz & Associates.The company's voting result (opens in a new tab)

    1. Audited Financial Statements of the Company for the Financial Year ended 31st March, 2025 and the Reports 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 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    2. To appoint a Director in place of Mr. Sailesh Agarwal (DIN: 02856973), Managing Director, 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 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    3. Approval for revision in the Remuneration of Mr. Sailesh Agarwal (DIN: 02856973), Managing Director.
      Special
      100.00% for0.00% against

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

      Turnout: all 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    4. Approval for revision in Remuneration of Mr. Sourav Agarwal (DIN: 06462775), Whole-time Director & Chief Financial Officer.
      Special
      100.00% for0.00% against

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

      Turnout: all 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    5. Appointment of Mrs. Neha Agrawal (DIN: 11145262) as an Independent Director.
      Special
      100.00% for0.00% against

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

      Turnout: all 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    6. Approval of ‘Forcas Studio Employee Stock Option Plan, 2026’ for Eligible Employee of the Company
      Special
      100.00% for0.00% against

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

      Turnout: all 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    7. Approval of Forcas Studio Employee Stock Option Plan, 2026 for Eligible Employee of the Group Companies including its Subsidiary or its Associate Company.
      Special
      100.00% for0.00% against

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

      Turnout: all 63.10% · promoters 100.00% · institutions 0.00% · other public 7.06%

    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

    At most 1 complaint open, quarter to Mar 2025.
    The filing has a part on fines and penalties
    No
    The filing has a part on tax disputes
    No

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Mar 2026. The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. 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.

    RaisedAmount raisedForSet asideSpentSpent elsewhere
    Preferential IssuesJan 20266.53Funding of working capital requirements of our Company6.536.53No
    ₹ 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.