Hindustan Adhesives MD, chairman, board of directors and AGM
NSE: HINDADHBSE: 514428Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹380.20.
- 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.
- ₹192 Cr2,584th 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 14 Aug 2026
- 8.8
- 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 25 Jun 2026
- 1.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 14 Aug 2026
- 21.8%
- 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 14 Aug 2026
- 16.7%
- 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 25 Jun 2026
- 0.94
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 95477.5% delivered
Hindustan Adhesives board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Managing directorMADHUSUDAN BAGLA
- Company Secretary and Compliance OfficerAMIT KUMAR JHA
6 directors3 independent3 executive
- MADHUSUDAN BAGLA · Managing directorExecutive · joined Apr 2019 · reappointed Apr 2022 · 1 listed board · 1 committee seat
- URMILA GOENKAExecutive · joined Sep 2017 · reappointed Sep 2023 · 1 listed board
- AMIT SHARMAIndependent · joined Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SUDEEP PANDEIndependent · joined Sep 2018 · reappointed Sep 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RAVI KUMAR AGGARWALIndependent · joined Aug 2021 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- ASHOK KUMAR PATHAKExecutive · joined Aug 2021 · reappointed Aug 2024 · 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.
1 director who left
- PAWAN KUMAR GUPTA, left 30 Jun 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Jun 20265 of 6 present3 independent · 29 days in between
- 26 May 20264 of 6 present2 independent · 28 days in between
- 27 Apr 20265 of 6 present3 independent · 25 days in between
- 1 Apr 20264 of 6 present2 independent · 18 days in between
2 earlier meetings
- 13 Mar 20265 of 6 present3 independent · 26 days in between
- 14 Feb 20265 of 6 present3 independent
Audit Committee
Chair SUDEEP PANDE
AMIT SHARMA, RAVI KUMAR AGGARWAL
- 25 Jun 20263 of 3 present3 independent · 58 days in between
- 27 Apr 20263 of 3 present3 independent · 71 days in between
- 14 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair AMIT SHARMA
SUDEEP PANDE, RAVI KUMAR AGGARWAL
- 27 Apr 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair RAVI KUMAR AGGARWAL
MADHUSUDAN BAGLA, SUDEEP PANDE
- 25 Jun 20263 of 3 present2 independent · 130 days in between
- 14 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair MADHUSUDAN BAGLA
AMIT SHARMA, RAVI KUMAR AGGARWAL
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.
- M/S SALARPURIA & PARTNERSPeer-review certificate valid to Aug 2028
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.
Hindustan Adhesives 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.Hindustan Adhesives dividend history
Annual general meeting, 30 Sep 2026
7,424 shareholders on the register on 23 Sep 2026; present: 6 promoters and 468 others; votes counted by MUKESH KUMAR AGARWAL / MUKESH AGARWAL & CO..The company's voting result (opens in a new tab)
To consider and adopt the standalone & consolidated Audited Financial Statements of the Company for the financial year ended as at March 31st, 2026 together with the reports of the Board of Directors and Auditors' thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- To appoint a Director in place of Mrs. Urmila Goenka DIN 01165727, who retire by rotation and being eligible offers herself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- Reappointment of Mrs. Urmila Goenka as WholeTime DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- Reappointment of Mr. Ravi Kumar Aggarwal as a Non-Executive Independent directorSpecial99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 1.93%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- Payment of remuneration to Mr. Madhusudan Bagla, Managing DirectorSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.48% · promoters 0.00% · institutions 0.00% · other public 17.39%
- Approval for remuneration of Mrs. Anju Bagla and Holding an Office or Place of Profit in the CompanyOrdinaryPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 0.00% · other public 1.93%
Turnout: all 5.48% · promoters 0.00% · institutions 0.00% · other public 17.39%
- Approval for remuneration of Mrs. Surbhi Bagla and Holding an Office or Place of Profit in the CompanyOrdinaryPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 0.00% · other public 1.93%
Turnout: all 5.48% · promoters 0.00% · institutions 0.00% · other public 17.39%
- Payment of remuneration to Mr. Ashok Kumar Pathak, Whole Time DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- Appointment of Mr. Anil Mathur as a Non-Executive Independent director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- To approve power to borrow funds pursuant to the provisions of section 180(1)(c) of the Companies Act, 2013, not exceeding Rs. 500 CroresSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- Creation of Charges on the movable and immovable properties of the Company, both present and future, in respect of borrowings.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- Approval for enhancement in limits for making investments under Section 186 of the Companies, Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- To approve transactions under Section 185 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
- To ratify and confirm the remuneration payable to the Cost Auditors of the Company for the financial year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.44% · promoters 99.25% · institutions 0.00% · other public 17.39%
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
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltySEBISince 30 Jun 2026
Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance)
Regulation 33 Non-submission of the financial results within the period prescribed under this regulation
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
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- 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.