GSP Crop Science MD, chairman, board of directors and AGM
NSE: GSPCROPBSE: 544733Fertilizers & AgrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹454.45.
- 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.
- ₹2,030 Cr1,174th 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.
- No full year
- 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 26 May 2026
- 2.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.23%
- 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 26 May 2026
- 0.34
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,05,69243.7% delivered
GSP Crop Science 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 directorBhavesh Vrajmohan ShahRelated to the promoter
- Company Secretary and Compliance OfficerKamleshbhai D Patel
8 directors4 independent4 executive
- Bhavesh Vrajmohan Shah · Chairperson and managing directorExecutive · joined Mar 1994 · reappointed Dec 2024 · 1 listed board · 1 committee seat
- Shail Jayesh ShahExecutive · joined Aug 2020 · reappointed Dec 2024 · 3 listed boards · 2 as independent · 5 committee seats, 3 as chair
- Tirth ShahExecutive · joined Oct 2021 · reappointed Dec 2024 · 1 listed board · 1 committee seat
- Mehul Premkantbhai PandyaExecutive · joined Jun 2022 · reappointed Dec 2024 · 1 listed board · 1 committee seat
- Bharat Ramniklal ShahIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board · 1 as independent
- Ashish Priyakant MehtaIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Nakul Jayesh SharedalalIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Apurva Soham MashruwalaIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 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
- 26 May 20268 of 8 present4 independent · 11 days in between
- 14 May 20267 of 8 present4 independent · 32 days in between
- 11 Apr 20268 of 8 present4 independent · 23 days in between
- 18 Mar 20268 of 8 present4 independent · 7 days in between
3 earlier meetings
- 10 Mar 20268 of 8 present4 independent · 18 days in between
- 19 Feb 20268 of 8 present4 independent · 37 days in between
- 12 Jan 20268 of 8 present4 independent
Audit Committee
Chair Ashish Priyakant Mehta
Apurva Soham Mashruwala, Shail Jayesh Shah
- 26 May 20263 of 3 present2 independent · 11 days in between
- 14 May 20263 of 3 present2 independent · 1 day in between
- 12 May 20263 of 3 present2 independent · 30 days in between
- 11 Apr 20263 of 3 present2 independent · 10 days in between
4 earlier meetings
- 31 Mar 20263 of 3 present2 independent · 20 days in between
- 10 Mar 20263 of 3 present2 independent · 18 days in between
- 19 Feb 20263 of 3 present2 independent · 37 days in between
- 12 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ashish Priyakant Mehta
Apurva Soham Mashruwala, Nakul Jayesh Sharedalal
- 26 May 20263 of 3 present3 independent · 133 days in between
- 12 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Nakul Jayesh Sharedalal
Tirth Shah, Mehul Premkantbhai Pandya
- 25 May 20263 of 3 present1 independent
- 31 Mar 20263 of 3 present1 independent
Risk Management Committee
Chair Mehul Premkantbhai Pandya
Ashish Priyakant Mehta, Shail Jayesh Shah
- 25 May 20263 of 3 present1 independent · 132 days in between
- 12 Jan 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Bhavesh Vrajmohan Shah
Bharat Ramniklal Shah, Tirth Shah
- 25 May 20263 of 3 present1 independent · 135 days in between
- 9 Jan 20263 of 3 present1 independent
Independent Directors' Committee
Chair Ashish Priyakant Mehta
Bharat Ramniklal Shah, Nakul Jayesh Sharedalal, Apurva Soham Mashruwala
No meeting listed in the filing.
Independent Director Committee
- 31 Mar 20264 of 4 present4 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 Mar 2026.
- M S K C & Associates LLPPeer-review certificate valid to Sep 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.
GSP Crop Science 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.GSP Crop Science dividend history
Annual general meeting, 18 Sep 2026
7,045 shareholders on the register on 11 Sep 2026; present: 5 promoters and 66 others; votes counted by Chirag Shah / Chirag Shah & Associates.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated financial statements for the financial year ended on March 31, 2026, alongwith the report of Board of Directors’ and Auditors’ reports thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.08%
- Declaration of a final dividend of ₹ 1/- per equity share for the financial year ended on March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.08%
- Re-appointment of Mr. Shail Jayesh Shah (DIN: 07543594) as a Director, retiring by rotation and eligible for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.07%
- Ratification of remuneration of the Cost Auditors, M/s. Dalwadi & Associates, Cost Accountants for the financial year 2026-2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.08%
- Appointment of Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.08%
- Alteration/Amendment/Modification in the object clause of the Memorandum of Association of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.08%
- Appointment Of Mr. Narayanan Pulukhool Nair (Din: 11124568) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.13% · promoters 100.00% · institutions 63.06% · other public 39.07%
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.
Fines, tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtGSP Intermediates Private LimitedSince 11 Jun 2026
21.00% bought in the quarter; holding 100.00%, from 79.00%
- Fine or penaltyProhibition and Excise DepartmentSince 19 May 2026
Penalty levied for Rs. 25000/- for violation related to regulatory non-compliance by subsidiary company i.e. GSP Intermediates Private Limited
Storage of methanol more than permited and non-renewal of license and authorization of authorised person. - Tax disputeOffice of the Deputy Commissioner of Commercial Taxes, Karnataka-GSTSince 15 Dec 2023Awaiting Appeal hearingAt the filing before: Discrepancies with respect to output tax liability and Input tax credit for the FY 2018-19 amounting to Rs.425.99 Lacs. Appeal filed before the GST Appellate Authority against Order DRC-07.
- Tax disputeAdditional Director General of Foreign Trade-Excise and Service TaxSince 28 Nov 2019Pending before Gujarat High CourtAt the filing before: Terminal Excise Duty as per Rules 7(3) of Foreign Trade, Rules 1993 (DGFT) for FY 2014-15 to 2015-16 amounting to TED of Rs 3553.06 Lacs and 15% penalty
In the company's own words, from its latest governance filing.
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
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- 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 Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesMar 2026, checked by Crisil Ratings Limited | 240.00 | – | – | No |