Indogulf Cropsciences MD, chairman, board of directors and AGM
NSE: IGCLBSE: 544432Fertilizers & AgrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹60.27.
- 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.
- ₹371 Cr1,958th 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 12 Aug 2026
- 9.6
- 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 28 May 2026
- 0.8
- 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 12 Aug 2026
- 10.5%
- 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 12 Aug 2026
- 9.7%
- 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 28 May 2026
- 0.39
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,50,91261.4% delivered
Indogulf Cropsciences board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- ChairpersonOM PRAKASH AGGARWAL
- Managing directorSANJAY AGGARWAL
8 directors4 independent2 executive2 non-executive
- OM PRAKASH AGGARWAL · ChairpersonExecutive · joined Jan 1993 · reappointed Apr 2026 · 1 listed board · 2 committee seats
- SANJAY AGGARWAL · Managing directorExecutive · joined Jan 1993 · reappointed Apr 2026 · 1 listed board
- ANSHU AGGARWALNon-executive · joined Jul 2018 · reappointed Sep 2025 · 1 listed board
- SANDEEP BHUTANIIndependent · joined Jan 2022 · reappointed Dec 2025 · 9 months as independent · 1 listed board · 1 as independent
- PUSHAP KUMARNon-executive · joined Jun 2017 · reappointed Sep 2026 · 1 listed board
- RAHUL GUPTAIndependent · joined Jul 2021 · reappointed Dec 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
- UMA VERMAIndependent · joined Sep 2024 · 25 months as independent · 2 listed boards · 2 as independent
- SNEHAL KASHYAPIndependent · joined Dec 2024 · reappointed Sep 2025 · 12 months as independent · 2 listed boards · 2 as independent · 3 committee seats
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
- 27 Aug 20265 of 8 present2 independent · 14 days in between
- 12 Aug 20265 of 8 present2 independent · 75 days in between
- 28 May 20265 of 8 present2 independent · 50 days in between
- 7 Apr 20265 of 8 present2 independent
Audit Committee
Chair SANDEEP BHUTANI
RAHUL GUPTA, OM PRAKASH AGGARWAL
- 12 Aug 20263 of 3 present2 independent · 12 days in between
- 28 May 20263 of 3 present2 independent · 2 days in between
- 7 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair RAHUL GUPTA
ANSHU AGGARWAL, UMA VERMA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair ANSHU AGGARWAL
SNEHAL KASHYAP, OM PRAKASH AGGARWAL
No meeting listed in the filing.
Risk Management Committee
Chair SANDEEP BHUTANI
OM PRAKASH AGGARWAL, SNEHAL KASHYAP
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair RAHUL GUPTA
SANDEEP BHUTANI, OM PRAKASH AGGARWAL
- 25 May 20263 of 3 present2 independent · 47 days in between
BUSINESS OPERATIONS COMMITTEE
Chair OM PRAKASH AGGARWAL
SANJAY AGGARWAL, ANSHU AGGARWAL
- 16 Sep 20263 of 3 present0 independent · 28 days in between
- 18 Aug 20263 of 3 present0 independent · 5 days in between
- 30 Jul 20263 of 3 present0 independent · 25 days in between
- 4 Jul 20263 of 3 present0 independent · 28 days in between
1 earlier meeting
- 5 Jun 20263 of 3 present0 independent · 7 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 Jun 2026.
- Devesh Parekh & Co.Peer-review certificate valid to Feb 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.
Indogulf Cropsciences 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.Indogulf Cropsciences share news and announcements
Annual general meeting, 24 Sep 2026
22,812 shareholders on the register on 18 Sep 2026; present: 5 promoters and 52 others; votes counted by CS ROHIT BHATIA / ROHIT BHATIA & ASSOCIATES.The company's voting result (opens in a new tab)
a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Board of Directors and the Auditors thereon; b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the report of the Auditors thereon;MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 63.48% · promoters 78.02% · institutions 91.58% · other public 21.65%
- To re-appoint Mr. Pushap Kumar (DIN: 07864033), who retires by rotation, as a directorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 63.48% · promoters 78.02% · institutions 91.58% · other public 21.65%
- To ratify the remuneration payable to M/s Jain Sharma & Associates, Cost Auditors of the Company for the financial year ended on 31st March 2027.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 63.48% · promoters 78.02% · institutions 91.58% · other public 21.65%
- To appoint Secretarial Auditor of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 63.48% · promoters 78.02% · institutions 91.58% · other public 21.65%
- Variation in the objects / terms of utilisation of the Initial Public Offering (“IPO”) proceeds and extension of time limit for utilisation of the IPO Proceeds.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 63.48% · promoters 78.02% · institutions 91.58% · other public 21.65%
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, 28 Mar 2026, 4 resolutions
24,683 shareholders on the register on 20 Feb 2026; votes counted by CS ROHIT BHATIA / ROHIT BHATIA & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve the re-appointment of Mr. Om Prakash Aggarwal (DIN: 00732440) as a Whole-time Director designated as Executive ChairmanSpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 75.94% · promoters 99.42% · institutions 88.73% · other public 12.34%
- To approve the re-appointment of Mr. Sanjay Aggarwal (DIN: 00763635) as a Managing DirectorOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 75.94% · promoters 99.42% · institutions 88.73% · other public 12.34%
- To approve the re-appointment of Mr. Rahul Gupta (DIN: 09192630) as an Independent, Professional and Non-Executive DirectorSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 75.94% · promoters 99.42% · institutions 88.73% · other public 12.34%
- To approve the re-appointment of Mr. Sandeep Bhutani (DIN:09463909) as an Independent, Professional and Non-Executive DirectorSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.47%
Turnout: all 75.94% · promoters 99.42% · institutions 88.73% · other public 12.34%
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, 29 Sep 2025, 5 resolutions
25,038 shareholders on the register on 22 Sep 2025; present: 3 promoters and 41 others; votes counted by ROHIT BHATIA / ROHIT BHATIA & ASSOCIATES.The company's voting result (opens in a new tab)
a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Board of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.95% · promoters 99.42% · institutions 29.16% · other public 19.12%
- To re-appoint Mrs. Anshu Aggarwal (DIN: 00732690), who retires by rotation, as a Director on the Board of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.95% · promoters 99.42% · institutions 29.16% · other public 19.12%
- To ratify the remuneration payable to M/s Jain Sharma & Associates, Cost Auditors of the Company for the financial year ended on 31st March 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 75.95% · promoters 99.42% · institutions 29.16% · other public 19.12%
- To approve the appointment of Mrs. Snehal Kashyap (DIN: 09761774) as an Independent, Professional and Non-Executive DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 75.95% · promoters 99.42% · institutions 29.16% · other public 19.12%
- To appoint Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.95% · promoters 99.42% · institutions 29.16% · other public 19.12%
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 Sep 2026.
- Tax disputeAdditional Commissioner CustomsSince 31 Mar 2023Case is still with commissioner of Customs ( Appeal)At the filing before: unchanged
- Tax disputeCustomers and Central Excise Commissionerate, Jammu and KashmirSince 4 Apr 2014Case is still with Custom Excise & Service Tax Appellate TribunalAt the filing before: unchanged
- Tax disputeExcise and Taxation, Sonipat, HaryanaSince 28 May 2024Case is still with Custom Excise & Service Tax Appellate TribunalAt the filing before: unchanged
- Tax disputeCommissioner officer, Ward 12 (1) DelhiSince 29 May 2023Case still under Commissioner of Income-tax (Appeals)At the filing before: unchanged
- Tax disputeGST Department-Central taxSince 31 Dec 2025Chandigarh High court issued order infavour of Company but demand is still pending by departmentAt the filing before: changed
- Tax disputeGST Department-Central taxSince 25 Mar 2026Case still under Assistant Commissioner GST (Appeals) GhaziabadAt the filing before: unchanged
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.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesJul 2025, checked by Brickwork Ratings India Private Limited | 160.00 | Funding working capital requirements of our Company | 65.00 | 68.91 | No |
| Public IssuesJul 2025, checked by Brickwork Ratings India Private Limited | 160.00 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company | 34.12 | 33.85 | No |
| Public IssuesJul 2025, checked by Brickwork Ratings India Private Limited | 160.00 | Capital expenditure of our Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana | 14.00 | 5.41 | No |
| Public IssuesJul 2025, checked by Brickwork Ratings India Private Limited | 160.00 | General corporate purposes | 27.85 | 27.25 | No |
| Public IssuesJul 2025, checked by Brickwork Ratings India Private Limited | 160.00 | Issue expenses | 19.03 | 16.33 | No |