Hariom Pipe Industries logo

Hariom Pipe Industries MD, chairman, board of directors and AGM

NSE: HARIOMPIPEBSE: 543517Industrial ProductsSmall Cap

Last close ₹300.20down ₹5.30 (1.73%)BSE ₹301.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹305.50.

52-week range of traded prices to 23 Oct 2026
₹268.05Low, 13 Apr 2026₹478.45High, 23 Oct 2025
Market cap
₹930 Cr1,421st largest listed
P/E
13.5
P/B
1.4
Dividend yield
0.25%
ROE
11.3%
ROCE
12.8%
Debt to equity
0.62
Volume, NSE
1,14,47539.2% delivered

Hariom Pipe Industries board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonPRAMOD KAPOOR KUMAR
  • Managing directorRUPESH KUMAR GUPTA
  • Company Secretary and Compliance OfficerREKHA SINGH

8 directors3 independent3 executive2 non-executive

  • PRAMOD KAPOOR KUMAR · ChairpersonIndependent · joined Jan 2018 · reappointed Jan 2023 · 98 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • RUPESH KUMAR GUPTA · Managing directorExecutive · joined Jun 2007 · reappointed Jan 2024 · 1 listed board
  • SHAILESH KUMAR GUPTAExecutive · joined Jan 2010 · reappointed Jan 2024 · 1 listed board
  • RAJENDER REDDY GANKIDIIndependent · joined May 2021 · reappointed May 2026 · 57 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • SNEHA SANKLAIndependent · joined Nov 2022 · reappointed Nov 2022 · 40 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • SOUMEN BOSENon-executive · joined Jun 2022 · reappointed Sep 2025 · 1 listed board · 2 committee seats
  • SUNITA GUPTANon-executive · joined Oct 2014 · reappointed Sep 2024 · 1 listed board
  • ANSH GOLASExecutive · joined Aug 2025 · reappointed Aug 2025 · 1 listed board

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

    • 22 May 20266 of 8 present3 independent · no day in between
    • 21 May 20266 of 8 present3 independent · 79 days in between
    • 2 Mar 20268 of 8 present3 independent · 22 days in between
    • 7 Feb 20268 of 8 present3 independent · 30 days in between
    1 earlier meeting
    • 7 Jan 20268 of 8 present3 independent

  • Audit Committee

    Chair RAJENDER REDDY GANKIDI

    PRAMOD KAPOOR KUMAR, SOUMEN BOSE, SNEHA SANKLA

    • 22 May 20264 of 4 present3 independent · no day in between
    • 21 May 20264 of 4 present3 independent · 79 days in between
    • 2 Mar 20264 of 4 present3 independent · 22 days in between
    • 7 Feb 20264 of 4 present3 independent · 30 days in between
    1 earlier meeting
    • 7 Jan 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair RAJENDER REDDY GANKIDI

    PRAMOD KAPOOR KUMAR, SOUMEN BOSE, SNEHA SANKLA

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair PRAMOD KAPOOR KUMAR

    RAJENDER REDDY GANKIDI, SOUMEN BOSE, SNEHA SANKLA

    • 21 Mar 20264 of 4 present3 independent

  • Risk Management Committee

    Chair SOUMEN BOSE

    RAJENDER REDDY GANKIDI, RUPESH KUMAR GUPTA

    • 21 Mar 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair RUPESH KUMAR GUPTA

    SHAILESH KUMAR GUPTA, PRAMOD KAPOOR KUMAR

    • 21 Mar 20263 of 3 present1 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.

  • R KABRA & CO LLPPeer-review certificate valid to Mar 2026
1 earlier auditor
  • M/s. R Kabra & Co., LLPNamed 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.

Hariom Pipe Industries 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.Hariom Pipe Industries dividend history

Annual general meeting, 30 Sep 2026

54,205 shareholders on the register on 23 Sep 2026; present: 8 promoters and 61 others; votes counted by VINOD SAKARAM / VSSK AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive consider, approve and adopt the Audited Financial Statements of the Company (Standalone and Consolidated) for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.58% · promoters 85.37% · institutions 96.03% · other public 1.37%

  2. To re-appoint Mrs. Sunita Gupta (DIN: 02981707) as a Director of the Company, liable to retire by rotation.
    Ordinary
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 1.37% · other public 0.08%

    Turnout: all 59.58% · promoters 85.37% · institutions 96.03% · other public 1.37%

  3. To declare final dividend on equity shares for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.58% · promoters 85.37% · institutions 96.03% · other public 1.37%

  4. To re-appoint M/s. R Kabra & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company
    Ordinary
    99.61% for0.39% against

    Against: promoters 0.00% · institutions 2.24% · other public 0.10%

    Turnout: all 59.58% · promoters 85.37% · institutions 96.03% · other public 1.37%

  5. To ratify the remuneration payable to the Cost Auditors for the financial year ending March 31, 2027
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.58% · promoters 85.37% · institutions 96.03% · other public 1.37%

  6. To consider and approve the re-appointment of Mr. Rupesh Kumar Gupta (DIN: 00540787) as Managing Director of the Company and the remuneration payable to him.
    SpecialPromoters have an interest in it
    98.68% for1.32% against

    Against: promoters 0.00% · institutions 1.37% · other public 0.17%

    Turnout: all 10.68% · promoters 0.00% · institutions 96.03% · other public 1.37%

  7. To consider and approve the appointment of Mr. Shailesh Kumar Gupta (DIN: 00540862) as Joint Managing Director (JMD), designated as Executive Director, of the Company and the remuneration payable to him.MoreLess
    SpecialPromoters have an interest in it
    98.68% for1.32% against

    Against: promoters 0.00% · institutions 1.37% · other public 0.17%

    Turnout: all 10.68% · promoters 0.00% · institutions 96.03% · other public 1.37%

  8. To consider and approve the revision in remuneration payable to Mr. Ansh Golas (DIN: 11225536), Whole-time Director of the Company.
    SpecialPromoters have an interest in it
    99.33% for0.67% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.46%

    Turnout: all 10.68% · promoters 0.00% · institutions 96.03% · other public 1.37%

  9. To consider and approve the remuneration payable to Mrs. Sunita Gupta (DIN: 02981707), Non-Executive Non-Independent Directors of the Company.
    SpecialPromoters have an interest in it
    95.60% for4.40% against

    Against: promoters 0.00% · institutions 4.58% · other public 0.17%

    Turnout: all 10.68% · promoters 0.00% · institutions 96.03% · other public 1.37%

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, 16 Jun 2026, 3 resolutions

54,507 shareholders on the register on 9 Jun 2026; present: 2 promoters and 53 others; votes counted by VINOD SAKARAM / VSSK AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To consider and approve the issue of warrants convertible into equity shares to person(s) belonging to promoter category on preferential basis.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 10.54% · promoters 0.00% · institutions 96.15% · other public 1.90%

  2. To consider and approve the alteration of Articles of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 59.26% · promoters 85.06% · institutions 96.15% · other public 1.90%

  3. To consider and approve the conversion of debt into equity or other capital of the Company in case of event of default by the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 59.26% · promoters 85.06% · institutions 96.15% · other public 1.90%

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, 7 Apr 2026, 3 resolutions

55,152 shareholders on the register on 27 Feb 2026; votes counted by VINOD SAKARAM / VSSK AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE THE RE APPOINTMENT OF MR RAJENDER REDDY GANKIDI DIN 09165223 AS A NON EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR A SECOND TERM OF FIVE YEARS
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.10%

    Turnout: all 51.29% · promoters 72.72% · institutions 99.65% · other public 1.19%

  2. TO CONSIDER AND APPROVE THE MATERIAL RELATED PARTY TRANSACTION UNDER REGULATION 23 OF THE SEBI LODR REGULATIONS 2015 WITH THE COMPANY S SUBSIDIARY, HARIOM POWER AND ENERGY PRIVATE LIMITED HPEPL TO SUPPORT THE DEVELOPMENT OF THE SOLAR POWER PROJECT IN LINE WITH THE COMPANY S COMMITMENT TO RENEWABLE ENERGY ESG PRINCIPLES REDUCTION OF CARBON FOOTPRINT AND ITS LONG TERM VISION OF GREEN STEEL MANUFACTURING AND SUSTAINABLE VALUE CREATIONMoreLess
    OrdinaryPromoters have an interest in it
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.28% · other public 2.00%

    Turnout: all 9.64% · promoters 0.00% · institutions 99.65% · other public 1.19%

  3. TO CONSIDER AND APPROVE THE MATERIAL RELATED PARTY TRANSACTIONS UNDER REGULATION 23 OF THE SEBI LODR REGULATIONS 2015 WITH THE COMPANY S SUBSIDIARY METAL MART PRIVATE LIMITED MMPL AIMED AT IMPROVING OPERATIONAL EFFICIENCY ENHANCING PROFITABILITY EXPANDING MARKET PENETRATION SUPPORTING THE COMPANY S NEW PRODUCT PORTFOLIO AND ENABLING THE TELANGANA UNIT TO AVAIL MEGA SUBSIDY BENEFITS GST REIMBURSEMENT THEREBY SUPPORTING LONG TERM VALUEMoreLess
    OrdinaryPromoters have an interest in it
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.28% · other public 2.00%

    Turnout: all 9.64% · promoters 0.00% · institutions 99.65% · other public 1.19%

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, 30 Sep 2025, 10 resolutions

58,908 shareholders on the register on 23 Sep 2025; present: 4 promoters and 58 others; votes counted by VINOD SAKARAM / VSSK AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Financial Statements of the Company (Standalone and Consolidated) for the financial year ended on March 31, 2025, along with the Report of the Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

  2. To appoint Mr. Soumen Bose (DIN: 09608922) as a Director of the Company, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

  3. To declare final dividend on equity shares for the financial year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

  4. To ratify the remuneration payable to the Cost Auditors for the financial year ending March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

  5. To appoint M/s. VSSK & Associates, Company Secretaries, as the Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

  6. To appoint Mr. Ansh Golas (DIN: 11225536) as a Director and Whole-time Director (Designated as Executive Director), of the Company and payment of remuneration.
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.42% · other public 0.02%

    Turnout: all 9.74% · promoters 0.00% · institutions 95.62% · other public 1.27%

  7. To approve the revision in remuneration payable to Mr. Rupesh Kumar Gupta (DIN:00540787), Managing Director of the Company.
    SpecialPromoters have an interest in it
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.01%

    Turnout: all 9.74% · promoters 0.00% · institutions 95.62% · other public 1.27%

  8. To approve the revision in remuneration payable to Mr. Sailesh Gupta (DIN: 00540862), Whole-time Director of the Company.
    SpecialPromoters have an interest in it
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.01%

    Turnout: all 9.74% · promoters 0.00% · institutions 95.62% · other public 1.27%

  9. To increase the borrowing powers of the Company.
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.42% · other public 0.02%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

  10. To create/modify charges on the movable and immovable properties of the Company, both present and future, in respect of its borrowings.
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.42% · other public 0.02%

    Turnout: all 58.78% · promoters 85.64% · institutions 95.62% · other public 1.27%

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, 10 Apr 2025, 1 resolution

52,491 shareholders on the register on 28 Feb 2025; votes counted by VINOD SAKARAM / VSSK AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. ALTERATION OF THE OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION (MOA) OF THE COMPANY
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.18%

    Turnout: all 37.72% · promoters 64.94% · institutions 0.00% · other public 1.61%

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.

Postal ballot, 29 Oct 2024, 2 resolutions

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

  1. To increase the Authorised Share Capital of the Company and alteration of Capital Clause of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 41.33% · promoters 71.67% · institutions 0.00% · other public 1.10%

  2. To approve capital raising by way of issuance of equity shares and/or any other eligible securities.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 41.33% · promoters 71.67% · institutions 0.00% · other public 1.10%

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 2024, 4 resolutions

Present: 6 promoters and 52 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements for the financial year ended on March 31, 2024 along with the Reports of the Directors and the Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 48.04% · promoters 83.91% · institutions 0.00% · other public 0.22%

  2. To appoint Mrs. Sunita Gupta (DIN: 02981707) as a Director of the Company, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 48.04% · promoters 83.91% · institutions 0.00% · other public 0.22%

  3. To declare dividend on equity shares for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 48.04% · promoters 83.91% · institutions 0.00% · other public 0.22%

  4. To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 48.04% · promoters 83.91% · institutions 0.00% · other public 0.22%

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, 1 resolution

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

  1. Change in Designation of Mr. Soumen Bose (DIN:09608922) from Non- Executive Independent Director to Non- Executive Non –Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 43.69% · promoters 67.74% · institutions 0.00% · other public 12.03%

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 30 Sep 2025, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider, approve and adopt the Audited Financial Statements of the Company (Standalone and Consolidated) for the financial year ended on March 31, 2025, along with the Report of the Directors and the Auditors thereon.MoreLess
    1 for0 against
  • To appoint Mr. Soumen Bose (DIN: 09608922) as a Director of the Company, liable to retire by rotation.
    1 for0 against
  • To declare final dividend on equity shares for the financial year ended March 31, 2025.
    1 for0 against
  • To ratify the remuneration payable to the Cost Auditors for the financial year ending March 31, 2026.
    1 for0 against
  • To appoint M/s. VSSK & Associates, Company Secretaries, as the Secretarial Auditors of the Company.
    1 for0 against
  • To appoint Mr. Ansh Golas (DIN: 11225536) as a Director and Whole-time Director (Designated as Executive Director), of the Company and payment of remuneration.
    1 for0 against
  • To approve the revision in remuneration payable to Mr. Rupesh Kumar Gupta (DIN:00540787), Managing Director of the Company.
    1 for0 against
  • To approve the revision in remuneration payable to Mr. Sailesh Gupta (DIN: 00540862), Whole-time Director of the Company.
    1 for0 against
  • To create/modify charges on the movable and immovable properties of the Company, both present and future, in respect of its borrowings.
    1 for0 against
1 proposal not matched to one resolution
  • To borrow from time to time, at their discretion for the purpose of the business of the Company, from any one or more banks, financial institutions and other persons, firms, bodies corporate, as it may consider fit, any sum or sums of monies which together with the monies already borrowed by the Company (apart from temporary loans obtained or to be obtained from the Company’s bankers in the ordinary course of business) may exceed the aggregate of the paid-up share capital, free reserves and securities premium provided that the total amount so borrowed by the Board shall not at any time exceed Rs.2,000 Crores.MoreLess
    1 for0 against

Mutual fund votes, meeting of 10 Apr 2025, 1 fund house

  • ALTERATION OF THE OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION (MOA) OF THE COMPANY
    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

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
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.

How money raised was used

Reported for the quarter to Mar 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 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 IssuesApr 2023, checked by ICRA Limited190.20Funding the working capital requirements of our Company189.50189.50No
₹ 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.