Icodex Publishing Solutions MD, chairman, board of directors and AGM
BSE: 544483IT - ServicesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹40.00.
- 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.
- ₹61 Cr3,186th 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 15 May 2026
- 8.7
- 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 15 May 2026
- 1.1
- 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 latest balance sheet's; the one a year before is not on record. The filing of 15 May 2026
- 12.6%
- 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 15 May 2026
- 15.7%
- 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 15 May 2026
- 0.13
- Volume, BSEVolume. Shares traded on the last trading day.
- 34,800
Icodex Publishing Solutions board of directors
At the end of the quarter to Dec 2025, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorKamalakkannan Govindaraj
- Company Secretary and Compliance OfficerMOHINI AJAY TALHAR
5 directors2 independent2 executive1 non-executive
- Kamalakkannan Govindaraj · Chairperson and managing directorExecutive · joined May 2018 · 1 listed board · 1 as independent · 1 committee seat
- Chetan Shankarlal SoniExecutive · joined May 2018 · 1 listed board · 1 as independent · 1 committee seat
- Anand Pravin PandeNon-executive · joined Dec 2024 · 1 listed board · 1 as independent
- Venkata Subbarao KalvaIndependent · joined Jun 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Shilpa Kiran GududurIndependent · joined Jun 2024 · 24 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 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
- 14 Nov 20255 of 5 present2 independent
Audit Committee
Chair Shilpa Kiran Gududur
Venkata Subbarao Kalva, Kamalakkannan Govindaraj
- 14 Nov 20253 of 3 present2 independent
Nomination and remuneration committee
Chair Venkata Subbarao Kalva
Shilpa Kiran Gududur, Anand Pravin Pande
- 14 Nov 20253 of 3 present2 independent
Stakeholders Relationship Committee
Chair Venkata Subbarao Kalva
Shilpa Kiran Gududur, Chetan Shankarlal Soni
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.
Icodex Publishing Solutions 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.Icodex Publishing Solutions share news and announcements
Annual general meeting, 30 Sep 2026
903 shareholders on the register on 23 Sep 2026; present: 6 promoters and 4 others; votes counted by Kuldeep Dayaldas Ruchandani / KPRC & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Balance Sheet as on 31st March 2026, Statement of Profit and Loss account and Cash Flow Statement of the Company for the financial period ending as on 31st March 2026 together with Report of the Board of Director's and Auditor's thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 99.40% · institutions 0.00% · other public 0.06%
To re-appoint Mr. Chetan Shankarlal Soni (DIN: 00734127), as a Whole-Time Director of the Company who is liable to retire by rotation at the forthcoming AGM and being eligible, offers himself for reappointmentMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 99.40% · institutions 0.00% · other public 0.06%
- To consider and approve appointment of Mr. Vishnu Prasad (DIN: 06513249) as the Independent Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 99.40% · institutions 0.00% · other public 0.06%
- To approve the change of name from "iCodex Publishing Solutions Limited" to "iCodex Limited" and amendment in Memorandum of AssociationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.07% · promoters 99.40% · institutions 0.00% · other public 0.06%
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.
Postal ballot, 14 Aug 2026, 2 resolutions
921 shareholders on the register on 10 Jul 2026; votes counted by Kuldeep Dayaldas Ruchandani / KPRC & Associates.The company's voting result (opens in a new tab)
- Variation in the objects / terms of utilisation of the Initial Public Offering ("IPO") proceeds and modification of time limit for utilisation of the IPO proceedsSpecial99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 1.35%
Turnout: all 74.43% · promoters 99.28% · institutions 0.00% · other public 29.40%
- Ratification of deviation in utilisation of Initial Public Offering ("IPO") proceeds towards objects of the offerSpecial99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 1.35%
Turnout: all 74.43% · promoters 99.28% · institutions 0.00% · other public 29.40%
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.
Tax disputes
Reported in the filing for the quarter to Dec 2025.
- Tax disputeIncome Tax Department- Assessing OfficerSince 2 Jun 2023Notice us 250 has been issues dated 04.09.25 - In accordance with CIT(A) and documentary evidenace are required. Section 143(3) read with section 144B
- Tax disputeIncome Tax Department- CPCSince 2 Jun 2025Response has been submitted denying the demand raised and reponse is awaited for the same Section 143(1a)At the filing before: Case under verification at CPC
- Tax disputeIncome Tax Department- CPCSince 6 Mar 2024ITR was processed without considering the submitted Form 10CCB, which remained stuck due to technical glitches; hence, a request is made for its rectification. Section 143(1a)At the filing before: Awaiting CPC Bengaluru order on rectification
- Tax disputeIncome Tax Department- CPCSince 1 Aug 2023There is no response submitted Section 143(3)
- Tax disputeNFAC / CIT(A)Since 4 Sep 2025Appeal admitted; awaiting hearing schedule before CIT(A).
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
- No
- 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.