Indian Terrain Fashions logo

Indian Terrain Fashions CEO, MD, chairman, board of directors and AGM

NSE: INDTERRAINBSE: 533329Textiles & ApparelsSmall Cap

Last close ₹27.70down ₹0.47 (1.67%)BSE ₹27.77

Share price at the NSE close on 23 Oct 2026. Previous close ₹28.17.

52-week range of traded prices to 23 Oct 2026
₹24.56Low, 30 Mar 2026₹42.62High, 10 Nov 2025
Market cap
₹140 Cr2,546th largest listed
P/E
311.9
P/E without one-offs
136.3
P/B
0.8
Dividend yield
Nonein the last 12 months
ROE
0.2%
ROE without one-offs
0.6%
ROCE
9.0%
Debt to equity
0.45
Volume, NSE
19,69471.3% delivered

Indian Terrain Fashions board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonVENKATESH RAJAGOPAL
  • Managing director and CEOCHARATH RAM NARSIMHAN
  • Company Secretary and Compliance OfficerSAINATH SUNDARAM

6 directors3 independent2 executive1 non-executive

  • VENKATESH RAJAGOPAL · ChairpersonExecutive · joined Sep 2009 · reappointed Aug 2023 · 2 listed boards · 1 committee seat
  • RAMA RAJAGOPALNon-executive · joined Sep 2009 · reappointed Nov 2021 · 2 listed boards
  • CHARATH RAM NARSIMHAN · Managing director and CEOExecutive · joined Aug 2018 · reappointed Aug 2023 · 1 listed board · 2 committee seats
  • TARIQUE ANSARIIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • NIDHI REDDYIndependent · joined Feb 2021 · reappointed Feb 2021 · 67 months as independent · 1 listed board · 1 as independent
  • SURESH JANDHYALAIndependent · joined Apr 2026 · reappointed Apr 2026 · 5 months as independent · 1 listed board · 1 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.

1 director who left
  • PUNDI SRINIVASAN RAGHAVAN, left 24 Nov 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 1 Aug 20266 of 6 present3 independent · 76 days in between
    • 16 May 20265 of 6 present2 independent · 24 days in between
    • 21 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair TARIQUE ANSARI

    NIDHI REDDY, CHARATH RAM NARSIMHAN, SURESH JANDHYALA

    • 1 Aug 20264 of 4 present4 independent · 76 days in between
    • 16 May 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair NIDHI REDDY

    TARIQUE ANSARI, SURESH JANDHYALA

    • 1 Aug 20263 of 3 present3 independent · 101 days in between
    • 21 Apr 20262 of 2 present2 independent

  • Stakeholders Relationship Committee

    Chair NIDHI REDDY

    VENKATESH RAJAGOPAL, CHARATH RAM NARSIMHAN

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair RAMA RAJAGOPAL

    VENKATESH RAJAGOPAL, NIDHI REDDY, CHARATH RAM NARSIMHAN

    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.

  • SRSV and AssociatesPeer-review certificate valid to Apr 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.

Indian Terrain Fashions 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 Terrain Fashions share news and announcements

Annual general meeting, 9 Sep 2026

21,217 shareholders on the register on 2 Sep 2026; present: 2 promoters and 56 others; votes counted by K J Chandra Mouli / BP and Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2026, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 34.42% · promoters 100.00% · institutions 0.00% · other public 4.55%

  2. To appoint a Director in the place of Mrs. Rama Rajagopal (DIN: 00003565), who retires by rotation and being eligible, offers herself for reappointment
    OrdinaryPromoters have an interest in it
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 17.90% · promoters 47.66% · institutions 0.00% · other public 4.55%

  3. Continuation of appointment of Mrs. Rama Rajagopal (DIN: 00003565) as Non-Executive and Non-Independent Director
    SpecialPromoters have an interest in it
    99.42% for0.58% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 2.87% · promoters 0.00% · institutions 0.00% · other public 4.55%

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.

Postal ballot, 28 May 2026, 3 resolutions

21,605 shareholders on the register on 24 Apr 2026; votes counted by K J Chandra Mouli / BP and Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. J Suresh (DIN: 10664467) in the capacity as Non-Executive Independent Director of the Company
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.89%

    Turnout: all 34.47% · promoters 99.99% · institutions 0.00% · other public 4.60%

  2. Re-appointment of Mr. Venkatesh Rajagopal (DIN: 00003625) as Executive Chairman and Whole-time Director of the Company and fixing his remuneration thereon
    SpecialPromoters have an interest in it
    98.11% for1.89% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.89%

    Turnout: all 2.92% · promoters 0.00% · institutions 0.00% · other public 4.60%

  3. Re-appointment of Mr. Charath Ram Narsimhan (DIN: 06497859) as Managing Director and CEO of the Company and fixing his remuneration thereon
    Special
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 23.34%

    Turnout: all 31.78% · promoters 99.99% · institutions 0.00% · other public 0.37%

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, 4 resolutions

22,648 shareholders on the register on 22 Sep 2025; present: 1 promoter and 41 others; votes counted by K J Chandra Mouli / BP and Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2025, together with the reports of Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.95% for0.05% against

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

    Turnout: all 35.11% · promoters 99.99% · institutions 15.30% · other public 4.37%

  2. To appoint a Director in the place of Mrs. Rama Rajagopal (DIN: 00003565), who retires by rotation and being eligible, offers herself for reappointment
    OrdinaryPromoters have an interest in it
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.13%

    Turnout: all 18.59% · promoters 47.66% · institutions 15.30% · other public 4.37%

  3. To appoint M/s. BP & Associates, firm of Company Secretaries in Practice as Secretarial Auditors for a term of upto 5 (Five) consecutive years and to fix their remuneration thereon
    Ordinary
    99.95% for0.05% against

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

    Turnout: all 35.11% · promoters 99.99% · institutions 15.30% · other public 4.37%

  4. To consider and approve the re-appointment of Mrs. Nidhi Reddy (DIN:00004081) as an Independent Director of the Company
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.13%

    Turnout: all 35.11% · promoters 99.99% · institutions 15.30% · other public 4.37%

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, 10 Mar 2025, 1 resolution

23,548 shareholders on the register on 3 Mar 2025; present: 0 promoters and 30 others; votes counted by K J Chandra Mouli / BP and Associates.The company's voting result (opens in a new tab)

  1. Issuance of 49,48,537 Convertible Warrants on Preferential Basis to certain identified Non-Promoter Persons / Entities
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 37.95% · promoters 100.00% · institutions 0.00% · other public 5.03%

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, 4 resolutions

Present: 2 promoters and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2024, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 35.95% · promoters 100.00% · institutions 0.00% · other public 2.87%

  2. To appoint a Director in the place of Mrs. Rama Rajagopal (DIN: 00003565), who retires by rotation and being eligible, offers herself for reappointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 17.06% · promoters 44.82% · institutions 0.00% · other public 2.87%

  3. To re-appoint Ms. SRSV and Associates, Chartered Accountants as Statutory Auditors and to fix their remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 35.95% · promoters 100.00% · institutions 0.00% · other public 2.87%

  4. Issuance of 1427145 Equity Shares on Preferential Basis to Promoter and Executive Chairman and Managing Director and CEO
    SpecialPromoters have an interest in it
    75.78% for24.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 24.22%

    Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.03%

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, 17 May 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. P S Raghavan (DIN: 07812320) as an Independent Director of the Company
    Special
    99.98% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 35.66% · promoters 99.10% · institutions 0.00% · other public 2.91%

  2. Appointment of Mr. Tarique Ansari (DIN: 00101820) as an Independent Director of the Company
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 35.66% · promoters 99.10% · institutions 0.00% · other public 2.91%

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, 18 Sep 2023, 5 resolutions

Present: 2 promoters and 91 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements of the Company for the financial year ended 31st March 2023 together with 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 29.74% · promoters 74.78% · institutions 1.28% · other public 6.80%

  2. To appoint a director in place of Mrs. Rama Rajagopal (DIN: 00003565), who retires by rotation and being eligible offers herself 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 29.74% · promoters 74.78% · institutions 1.28% · other public 6.80%

  3. To approve the reappointment of Mr. Venkatesh Rajagopal (DIN: 00003625) as Executive Chairman and Whole Time Director of the company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 29.74% · promoters 74.78% · institutions 1.28% · other public 6.80%

  4. To approve reappointment of Mr. Charath Ram Narsimhan (DIN: 06497859), Managing Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 29.74% · promoters 74.78% · institutions 1.28% · other public 6.80%

  5. To authorise the change in address of registered office
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 29.74% · promoters 74.78% · institutions 1.28% · other public 6.80%

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, 9 Sep 2022, 8 resolutions

Present: 3 promoters and 69 others.The company's voting result (opens in a new tab)

  1. To Consider and adopt the Audited Financial Statements for the financial year ended March 31,2022, and the Reports of the Board of Directors and Auditor’s Report thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 28.59% · promoters 68.04% · institutions 63.55% · other public 6.96%

  2. To Appoint a director in place of Mrs. Rama Rajagopal (DIN:00003565), who retires by rotation and being eligible offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 2.79% · other public 0.03%

    Turnout: all 12.12% · promoters 11.48% · institutions 63.55% · other public 6.96%

  3. To Approve the waiver of recovery of excess remuneration Paid to Mr. Venkatesh Rajagopal (DIN:00003625), Whole-Time Director of the Company During the FY 2021-2022.
    SpecialPromoters have an interest in it
    95.73% for4.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.41%

    Turnout: all 8.78% · promoters 0.00% · institutions 63.55% · other public 6.96%

  4. To Approve Increase in Managerial Remuneration Payable to Mr. Venkatesh Rajagopal (DIN:00003625), Chairman & Whole-Time Director of the Company
    SpecialPromoters have an interest in it
    95.74% for4.26% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.39%

    Turnout: all 8.78% · promoters 0.00% · institutions 63.55% · other public 6.96%

  5. To Approve Increase in Managerial Remuneration Payable To Mr. Charath Ram Narsimhan (Din: 06497859), Managing Director & Chief Executive Officer Of The Company
    Special
    98.60% for1.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.23%

    Turnout: all 26.76% · promoters 68.04% · institutions 63.55% · other public 4.11%

  6. Change in Designation of Mrs. Rama Rajagopal from Executive Director to Non- Executive Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 8.78% · promoters 0.00% · institutions 63.55% · other public 6.96%

  7. Approval for revision in audit fee of statutory auditors for the financial year 2022-23 and onwards
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 28.59% · promoters 68.04% · institutions 63.55% · other public 6.96%

  8. Material related party transaction(s) between the Company and Celebrity Fashions Limited
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 8.78% · promoters 0.00% · institutions 63.55% · other public 6.96%

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

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
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.

How money raised was used

Reported for the quarter to Jun 2025. 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 elsewhere
Preferential IssuesMar 202525.00Deployment towards Working Capital Requirements and General Corporate Purposes6.306.30No
₹ 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.