Hindprakash Industries logo

Hindprakash Industries MD, chairman, board of directors and AGM

NSE: HPILBSE: 543645Chemicals & PetrochemicalsSmall Cap

Last close ₹114.46down ₹10.45 (8.37%)BSE ₹115.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹124.91.

52-week range of traded prices to 23 Oct 2026
₹105.65Low, 5 Oct 2026₹154.45High, 1 Jan 2026
Market cap
₹131 Cr2,631st largest listed
P/E
37.3
P/B
2.4
Dividend yield
Nonein the last 12 months
ROE
6.6%
ROCE
−3.1%
Debt to equity
0.60
Volume, NSE
4,29170.5% delivered

Hindprakash 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

  • ChairpersonOm Prakash Mangal

6 directors3 independent2 executive1 non-executive

  • Om Prakash Mangal · ChairpersonNon-executive · joined Nov 2019 · 1 listed board
  • Sanjay Prakash MangalExecutive · joined Aug 2011 · reappointed Feb 2025 · 1 listed board · 1 committee seat
  • Santosh Narayan NambiarExecutive · joined Nov 2008 · reappointed Feb 2025 · 1 listed board · 1 committee seat
  • Rushabh Anilkumar ShahIndependent · joined Jan 2022 · 53 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 3 as chair
  • Jitendra Kumar SharmaIndependent · joined Jul 2019 · reappointed Jul 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Shivani PathakIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 2 as chair

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

    • 30 Jun 20266 of 6 present3 independent · 9 days in between
    • 20 Jun 20266 of 6 present3 independent · 22 days in between
    • 28 May 20266 of 6 present3 independent · 70 days in between
    • 18 Mar 20266 of 6 present3 independent · 32 days in between
    1 earlier meeting
    • 13 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Rushabh Anilkumar Shah

    Jitendra Kumar Sharma, Santosh Narayan Nambiar

    • 28 May 20263 of 3 present2 independent · 70 days in between
    • 13 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Rushabh Anilkumar Shah

    Jitendra Kumar Sharma, Shivani Pathak

    • 30 Jun 20263 of 3 present3 independent · 32 days in between

  • Stakeholders Relationship Committee

    Chair Shivani Pathak

    Rushabh Anilkumar Shah, Sanjay Prakash Mangal

    • 18 Mar 20263 of 3 present2 independent · 32 days in between

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.

  • K K A K & COPeer-review certificate valid to Jul 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.

Hindprakash 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.Hindprakash Industries dividend history

Annual general meeting, 28 Sep 2026

3,026 shareholders on the register on 21 Sep 2026; present: 4 promoters and 20 others; votes counted by Mr. Uday Dave / Parikh Dave & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements including Balance Sheet as at March 31, 2026, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2026, and the Reports of the Board of Directors’ and Auditors’ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 23.65% · promoters 26.21% · other public 16.01%

  2. To appoint a director in place of Mr. Santosh Narayan Nambiar (DIN: 00144542), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 23.65% · promoters 26.21% · other public 16.01%

  3. To ratify the remuneration payable to M/s. A.G. Tulsian & Co., Cost Accountants (Firm Registration Number 100629) Cost Auditor of the Company for the Financial Year ended on March 31, 2027.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 23.65% · promoters 26.21% · other public 16.01%

  4. To re-appoint Mr. Rushabh Shah (DIN: 09012222) as an Independent Director of the Company for a second term of five consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 23.65% · promoters 26.21% · other public 16.01%

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, 21 Apr 2026, 1 resolution

3,124 shareholders on the register on 13 Mar 2026; votes counted by Mr. Umesh G. Parikh / Parikh Dave & Associates.The company's voting result (opens in a new tab)

  1. To approve to sell or transfer or otherwise dispose of the whole of the unit/undertaking of the company
    Special
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.25%

    Turnout: all 74.30% · promoters 90.51% · institutions 0.00% · other public 26.06%

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.

Annual general meeting, 27 Sep 2025, 5 resolutions

3,530 shareholders on the register on 20 Sep 2025; present: 6 promoters and 19 others; votes counted by Mr. Umesh G. Parikh / Parikh Dave & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements including Balance Sheet as at March 31, 2025, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2025, and 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 0.07%

    Turnout: all 71.75% · promoters 90.51% · institutions 0.00% · other public 15.90%

  2. To appoint a director in place of Mr. Om Prakash Mangal (DIN: 03078228), who retires by rotation and, being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 71.75% · promoters 90.51% · institutions 0.00% · other public 15.90%

  3. Re-Appointment of M/s. K K A K & Co., Chartered Accountants as the Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 71.75% · promoters 90.51% · institutions 0.00% · other public 15.90%

  4. To ratify the remuneration payable to M/s. A.G. Tulsian & Co., Cost Accountants (Firm Registration Number 100629) Cost Auditor of the Company for the Financial Year ended on March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 71.75% · promoters 90.51% · institutions 0.00% · other public 15.90%

  5. Appointment of Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 71.75% · promoters 90.51% · institutions 0.00% · other public 15.90%

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, 11 Apr 2025, 2 resolutions

3,530 shareholders on the register on 7 Mar 2025; votes counted by Mr. Umesh G. Parikh / Parikh Dave & Associates.The company's voting result (opens in a new tab)

  1. To Increase the Borrowing Powers of the Company under Section 180(1)(c) of the Companies Act, 2013, up to 100 Cr.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 76.30% · promoters 95.19% · institutions 0.00% · other public 20.09%

  2. To Create the charges, mortgages, hypothecation on the immovable and movable properties of the Company under Section 180(1)(a) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 76.30% · promoters 95.19% · institutions 0.00% · other public 20.09%

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, 14 Sep 2024, 7 resolutions

Present: 7 promoters and 22 others.The company's voting result (opens in a new tab)

  1. To consider and adopt Audited Standalone & Consolidated nFinancial Statements, Report of Board of Directors’ and nAuditors for the year ended on 31st March, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

  2. To appoint a director in place of Mr. Sanjay Prakash Mangal n(DIN: 02825484), who retires by rotation and, being eligible, noffers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

  3. To declare a final dividend of Re. 0.50/- (Fifty Paisa only) per nequity share of Rs. 10/- each for the financial year ended on nMarch 31, 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

  4. To ratify the remuneration payable to M/s. A. G. Tulsian & Co.,nCost Accountants (FRN 100629) Cost Auditor of the nCompany for the Financial Year ended on March 31, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

  5. To appoint Ms. Shivani Pathak (DIN: 10481354) as an nIndependent Director of the Company for a term of five nconsecutive years.
    Special
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

  6. To re-appoint Mr. Sanjay Prakash Mangal (DIN: 02825484) nas Managing Director of the Company and fix his nremuneration.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

  7. To re-appoint Mr. Santosh Narayan Nambiar (DIN: n00144542), as Wholetime Director of the Company and fix nhis remuneration
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 74.87% · promoters 84.58% · institutions 0.00% · other public 45.83%

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 2023, 6 resolutions

Present: 9 promoters and 9 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone andnConsolidated Financial Statements including Balance Sheet asnat March 31, 2023, Statement of Profit and Loss and Cash Flownfor the year ended on March 31, 2023, and the Reports of thenBoard 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 78.71% · promoters 94.73% · institutions 0.00% · other public 31.06%

  2. To appoint a director in place of Mr. Santosh NarayannNambiar (DIN: 00144542), who retires by rotation and, beingneligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 78.71% · promoters 94.73% · institutions 0.00% · other public 31.06%

  3. To declare a final dividend of Re. 0.50/- (Fifty Paisa only) pernequity share of Rs. 10/- each for the financial year ended onnMarch 31, 2023.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.71% · promoters 94.73% · institutions 0.00% · other public 31.06%

  4. To reappoint Mr. Jitendra Kumar Sharma as an IndependentnDirector of the Company whose term is expiring on 03rd July,n2024 for further period of 5 (five) consecutive years.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 78.71% · promoters 94.73% · institutions 0.00% · other public 31.06%

  5. To ratify the remuneration payable to M/s. A.G. Tulsian & Co.,nCost Accountants (Firm Registration Number 100629) CostnAuditor of the Company for the Financial Year ended onnMarch 31, 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.71% · promoters 94.73% · institutions 0.00% · other public 31.06%

  6. Approval of charges for service of documents on thenshareholders.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.71% · promoters 94.73% · institutions 0.00% · other public 31.06%

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.

Annual general meeting, 27 Sep 2022, 5 resolutions

Present: 3 promoters and 14 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements for the year ended on March 31, 2022, and the Reports of the 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 43.33% · promoters 51.16% · institutions 0.00% · other public 20.02%

  2. To appoint a director in place of Mr. Om Prakash Mangal (DIN:03078228), who retires by rotation and, being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 43.33% · promoters 51.16% · institutions 0.00% · other public 20.02%

  3. To declare a final dividend of Re. 1/- (Rupee One Only) per equity share of Rs. 10/- each for the financial year ended on March 31, 2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 43.33% · promoters 51.16% · institutions 0.00% · other public 20.02%

  4. To ratify the remuneration payable to M/s. A.G. Tulsian & Co., Cost Accountants (Firm Registration Number 100629) Cost Auditor of the Company for the Financial Year ended on March 31, 2023.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 43.33% · promoters 51.16% · institutions 0.00% · other public 20.02%

  5. To increase the Authorised Share Capital of the Company and make consequent alteration in Clause V of the Memorandum of Association.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 43.33% · promoters 51.16% · institutions 0.00% · other public 20.02%

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, 6 Jul 2022, 1 resolution

Present: 3 promoters and 13 others.The company's voting result (opens in a new tab)

  1. To create, offer, issue and allot convertible warrants on preferential basis.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 42.38% · promoters 51.16% · institutions 0.00% · other public 16.25%

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.

Stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtOrio Speciality Colours Private LimitedSince 18 Jun 2026

    −4.85% bought in the quarter; holding 9.69%, from 14.54%

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
No
The chair is related to the managing director
Yes
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 2026. 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 elsewhereReason and comments
Preferential IssuesJan 20246.15To augment the net worth of the Company and to broad base the capital structure of the company required for its business growth, To meet increased working capital requirements, To meet the long term fund requirements of the Company, To repay the debt of the Company and General corporate purpose6.156.15NoAudit committee: Funds utilized for objects for which it was raised
₹ 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.