Indian Card Clothing Company MD, chairman, board of directors and AGM
NSE: INDIANCARDBSE: 509692Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹188.00.
- 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.
- ₹110 Cr2,747th 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
- 18.5
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.88 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 16.1
- 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 29 May 2026
- 0.3
- 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
- 1.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.88 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 2.0%
- 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
- −5.3%
- 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 29 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 18553.0% delivered
Indian Card Clothing Company 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
- ChairpersonPrashant Kunjbihari Trivedi
- Company Secretary and Compliance OfficerMr. Amogh Arun Barve
8 directors4 independent1 executive3 non-executive
- Prashant Kunjbihari Trivedi · ChairpersonNon-executive · joined Dec 1990 · 1 listed board
- Mehul Kunjbihari TrivediNon-executive · joined Oct 2011 · 1 listed board · 1 committee seat
- Darshan Vijaysinh BhatiaIndependent · joined Oct 2018 · reappointed Oct 2023 · 32 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Chirag Manubhai ShahIndependent · joined Feb 2023 · reappointed Feb 2023 · 40 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Gurudas Vishwas ArasIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 4 as chair
- Jyoteendra Mansukhlal KotharyNon-executive · joined May 2023 · reappointed May 2023 · 1 listed board
- Sanjeevkumar Walchand KarkamkarExecutive · joined Aug 2024 · 1 listed board · 1 committee seat
- Shivangi Kishore KanvindeIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 1 listed board · 1 as independent · 2 committee seats, 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.
1 director who left
- Sangeeta Sanjeev Pandit, left 12 Nov 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20266 of 8 present3 independent · 50 days in between
- 8 Apr 20264 of 8 present2 independent · 55 days in between
- 11 Feb 20267 of 8 present4 independent · 25 days in between
- 16 Jan 20268 of 8 present4 independent
Audit Committee
Chair Gurudas Vishwas Aras
Darshan Vijaysinh Bhatia, Shivangi Kishore Kanvinde, Chirag Manubhai Shah
- 29 May 20262 of 3 present2 independent · 106 days in between
- 11 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Darshan Vijaysinh Bhatia
Gurudas Vishwas Aras, Mehul Kunjbihari Trivedi
- 29 May 20262 of 3 present1 independent
Stakeholders Relationship Committee
Chair Shivangi Kishore Kanvinde
Mehul Kunjbihari Trivedi, Sanjeevkumar Walchand Karkamkar
- 29 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Prashant Kunjbihari Trivedi
Mehul Kunjbihari Trivedi, Chirag Manubhai Shah
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.
- P G BHAGWAT LLPPeer-review certificate valid to May 2027
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.
Indian Card Clothing Company 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.Indian Card Clothing Company dividend history
Annual general meeting, 24 Sep 2026
10,059 shareholders on the register on 17 Sep 2026; present: 2 promoters and 53 others; votes counted by Devendra Vasant Deshpande / DVD & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.72%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 1.17%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the report of the Auditors thereonOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 4.72%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 1.17%
- To appoint a Director in place of Mr. Mehul K. Trivedi (DIN: 00030481), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 4.74%
Turnout: all 67.71% · promoters 100.00% · institutions 0.00% · other public 1.17%
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, 22 Sep 2025, 5 resolutions
10,613 shareholders on the register on 15 Sep 2025; present: 2 promoters and 45 others; votes counted by Devendra Vasant Deshpande / DVD & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 67.39% · promoters 100.00% · institutions 0.00% · other public 0.19%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the report of the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 67.39% · promoters 100.00% · institutions 0.00% · other public 0.19%
- To appoint a Director in place of Mr. Jyoteendra Kothary (DIN: 00015254), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 67.39% · promoters 100.00% · institutions 0.00% · other public 0.19%
- Approval for commission to be payable to Non-Executive Directors and Independent DirectorsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 67.39% · promoters 100.00% · institutions 0.00% · other public 0.19%
- Appointment of DVD and Associates, Practicing Company Secretaries, Pune, as Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 67.39% · promoters 100.00% · institutions 0.00% · other public 0.19%
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.
Postal ballot, 2 Jan 2025, 1 resolution
10,355 shareholders on the register on 22 Nov 2024; votes counted by DEVENDRA VASANT DESHPANDE / DVD & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve appointment of Ms. Shivangi Kishore Kanvinde (DIN: 10122299) as an Independent Director of the Company, for a term of 5 (five) consecutive years, commencing from November 11, 2024.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 28.96%
Turnout: all 67.38% · promoters 100.00% · institutions 0.00% · other public 0.15%
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, 16 Sep 2024, 5 resolutions
Present: 2 promoters and 58 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.27%
Turnout: all 67.86% · promoters 100.00% · institutions 0.00% · other public 1.64%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the report of the Auditors thereon.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.27%
Turnout: all 67.86% · promoters 100.00% · institutions 0.00% · other public 1.63%
- To appoint a Director in place of Mr. Prashant K. Trivedi (DIN: 00167782), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 2.70%
Turnout: all 67.86% · promoters 100.00% · institutions 0.00% · other public 1.63%
- Appointment of Mr. Gurudas Vishwas Aras (DIN: 02187903) as an Independent Director of the Company, for a term of 5 (five) consecutive years, commencing from July 27, 2024 and ending on July 26, 2029.Special99.34% for0.66% against
Against: promoters 0.00% · institutions 0.00% · other public 85.17%
Turnout: all 67.86% · promoters 100.00% · institutions 0.00% · other public 1.63%
- Appointment of Mr. Sanjeevkumar Karkamkar (DIN: 00575970) as an Executive Director of the Company, with effect from August 14, 2024 who shall be liable to retire by rotation.Special99.34% for0.66% against
Against: promoters 0.00% · institutions 0.00% · other public 85.17%
Turnout: all 67.86% · promoters 100.00% · institutions 0.00% · other public 1.63%
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, 27 Sep 2023, 2 resolutions
The company's voting result (opens in a new tab)
- To approve reclassification of share capital of the company by consolidating face value of equity shares from Rs. 10/- each to Rs. 2,000/- eachOrdinary93.26% for6.74% against
Against: promoters 0.00% · institutions 0.00% · other public 97.75%
Turnout: all 72.31% · promoters 100.00% · institutions 0.00% · other public 15.27%
- To approve alteration in the Capital Clause (Clause 5) of the Memorandum of Association of the CompanyOrdinary93.27% for6.73% against
Against: promoters 0.00% · institutions 0.00% · other public 97.79%
Turnout: all 72.31% · promoters 100.00% · institutions 0.00% · other public 15.25%
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.
Annual general meeting, 22 Sep 2023, 4 resolutions
Present: 2 promoters and 46 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 together with the reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.57%
Turnout: all 67.92% · promoters 100.00% · institutions 0.00% · other public 1.82%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the report of the Auditors thereon.Ordinary100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.57%
Turnout: all 67.92% · promoters 100.00% · institutions 0.00% · other public 1.82%
- To appoint a Director in place of Mr. Mehul K. Trivedi (DIN: 00030481), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.56%
Turnout: all 67.93% · promoters 100.00% · institutions 0.00% · other public 1.84%
To approve re-appointment of Mr. Darshan Bhatia (DIN: 08257246) as an Independent Director of the Company, for a second term of 5 (five) consecutive years, commencing from October 30, 2023 and ending on October 29, 2028.MoreLess
Special99.34% for0.66% againstAgainst: promoters 0.00% · institutions 0.00% · other public 75.00%
Turnout: all 67.93% · promoters 100.00% · institutions 0.00% · other public 1.84%
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, 9 May 2023, 3 resolutions
The company's voting result (opens in a new tab)
- To approve appointment of Mr. Chirag M. Shah (DIN: 06938305) as an Independent Director of the CompanySpecial99.36% for0.64% against
Against: promoters 0.00% · institutions 0.00% · other public 86.52%
Turnout: all 67.83% · promoters 100.00% · institutions 0.00% · other public 1.55%
- To approve appointment of Mr. Alok Misra (DIN: 09198314) as the “Whole-time Director” of the Company designated as “Whole-time Director & Chief Executive OfficerSpecial99.36% for0.64% against
Against: promoters 0.00% · institutions 0.00% · other public 86.52%
Turnout: all 67.83% · promoters 100.00% · institutions 0.00% · other public 1.55%
- To approve appointment of Mr. Jyoteendra Kothary (DIN: 00015254) as the Non-executive Non-Independent Director of the CompanySpecial99.36% for0.64% against
Against: promoters 0.00% · institutions 0.00% · other public 86.52%
Turnout: all 67.83% · promoters 100.00% · institutions 0.00% · other public 1.55%
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, 8 Sep 2022, 4 resolutions
Present: 2 promoters and 59 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 together with the reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.00% · promoters 100.00% · institutions 0.00% · other public 2.05%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022, together with the report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.00% · promoters 100.00% · institutions 0.00% · other public 2.04%
- To appoint a Director in place of Mr. Prashant K. Trivedi (DIN: 00167782), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.00% · promoters 100.00% · institutions 0.00% · other public 2.04%
To approve re-appointment of P. G. Bhagwat LLP, Chartered Accountants (Firm Registration No. 101118W/W100682), Pune as Statutory Auditors of the Company for the second term of five years commencing from the conclusion of the 68th Annual General Meeting.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.00% · promoters 100.00% · institutions 0.00% · other public 2.04%
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.
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
- 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.