Jayant Agro Organics logo

Jayant Agro Organics MD, chairman, board of directors and AGM

NSE: JAYAGROGNBSE: 524330Chemicals & PetrochemicalsSmall Cap

Last close ₹205.31down ₹0.32 (0.16%)BSE ₹203.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹205.63.

52-week range of traded prices to 23 Oct 2026
₹147.26Low, 30 Mar 2026₹265.00High, 9 Sep 2026
Market cap
₹616 Cr1,768th largest listed
P/E
11.3
P/B
1.0
Dividend yield
1.70%
ROE
9.2%
ROCE
11.7%
Debt to equity
0.20
Volume, NSE
8,64270.2% delivered

Jayant Agro Organics 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

  • ChairpersonAbhay Vithaldas Udeshi
  • Managing directorHemant Vithaldas Udeshi
  • Managing directorSubhash Vithaldas Udeshi
  • Company Secretary and Compliance OfficerDinesh M. Kapadia

8 directors4 independent4 executive

  • Abhay Vithaldas Udeshi · ChairpersonExecutive · joined Feb 2018 · reappointed Apr 2022 · 1 listed board · 3 committee seats
  • Hemant Vithaldas Udeshi · Managing directorExecutive · joined Jul 1993 · reappointed Apr 2022 · 1 listed board · 3 committee seats
  • Subhash Vithaldas Udeshi · Managing directorExecutive · joined Jun 2002 · reappointed Apr 2022 · 1 listed board · 1 committee seat
  • Varun Abhay UdeshiExecutive · joined Jul 2016 · reappointed Apr 2022 · 1 listed board · 1 committee seat
  • Sanjay Jayasinh MariwalaIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Pankaj M. MehtaIndependent · joined May 2022 · 49 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Shweta JainIndependent · joined May 2024 · 25 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
  • Varghese ThomasIndependent · joined May 2025 · 13 months as independent · 1 listed board · 1 as independent · 2 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.

1 director who left
  • Sucheta Nilesh Shah, left 26 Jul 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 29 May 20268 of 8 present4 independent · 68 days in between
    • 21 Mar 20267 of 8 present3 independent
    • 6 Feb 20268 of 8 present4 independent

  • Audit Committee

    Chair Shweta Jain

    Pankaj M. Mehta, Sanjay Jayasinh Mariwala, Varghese Thomas, Abhay Vithaldas Udeshi

    • 29 May 20265 of 5 present4 independent · 111 days in between
    • 6 Feb 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair Sanjay Jayasinh Mariwala

    Pankaj M. Mehta, Shweta Jain

    • 29 May 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Shweta Jain

    Abhay Vithaldas Udeshi, Hemant Vithaldas Udeshi, Subhash Vithaldas Udeshi

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Sanjay Jayasinh Mariwala

    Abhay Vithaldas Udeshi, Vikram Vijaysinh Udesh

    • 24 Apr 20263 of 3 present1 independent · 195 days in between
    • 10 Oct 20253 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Shweta Jain

    Abhay Vithaldas Udeshi, Hemant Vithaldas Udeshi

    • 29 May 20263 of 3 present1 independent

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.

  • T. P. Ostwal & Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
  • M/s T P Ostwal & Associates LLPNamed in the filing for the quarter to Mar 2025

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.

Jayant Agro Organics 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.Jayant Agro Organics dividend history

Annual general meeting, 12 Sep 2026

12,693 shareholders on the register on 4 Sep 2026; present: 40 promoters and 44 others; votes counted by Dhrumil M Shah / Dhrumil M Shah & Co. LLP.The company's voting result (opens in a new tab)

  1. a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 along with the notes forming part thereof and the Report of the Board of Directors and Auditors thereon; b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 along with the notes forming part thereof and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 72.59% · promoters 100.00% · institutions 19.50% · other public 16.63%

  2. To declare Dividend on Equity Shares for the financial year ended March 31, 2026.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.66%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  3. To appoint Director, Mr. Varun A. Udeshi (DIN: 02210711) who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  4. To approve Material Related Party Transactions between the Company and Ihsedu Agrochem Private Limited.
    OrdinaryPromoters have an interest in it
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 5.50% · promoters 0.00% · institutions 61.07% · other public 16.63%

  5. To approve Material Related Party Transactions pertaining to Subsidiary(s) of the Company
    OrdinaryPromoters have an interest in it
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 5.50% · promoters 0.00% · institutions 61.07% · other public 16.63%

  6. To approve re-appointment of Mr. Abhay V. Udeshi (DIN: 00355598) as Chairman and Whole-time Director of the Company.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.66%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  7. To approve re-appointment of Mr. Hemant V. Udeshi (DIN: 00529329) as Managing Director of the Company.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  8. To approve re-appointment of Dr. Subhash V. Udeshi (DIN: 00355658) as Joint Managing Director of the Company.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  9. To approve re-appointment of Mr. Varun A. Udeshi (DIN: 02210711) as Whole-time Director of the Company.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  10. To approve appointment of Mr. Dinesh M. Kapadia (DIN: 11803173) as Whole-Time Director of the Company.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  11. To approve the appointment of Mr. Nilesh Bhadrakumar Shah (DIN: 00322766) as Independent Director of the Company.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.66%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

  12. To approve the appointment of Mr. Dhayvat H. Udeshi under Section 188 of the Companies Act, 2013.
    OrdinaryPromoters have an interest in it
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.66%

    Turnout: all 57.69% · promoters 77.75% · institutions 61.07% · other public 16.63%

  13. To ratify the remuneration of Cost Auditor for the Financial Year 2026-2027.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 72.62% · promoters 100.00% · institutions 61.07% · other public 16.63%

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, 26 Mar 2026, 5 resolutions

13,415 shareholders on the register on 13 Feb 2026; votes counted by Dhrumil M Shah / Dhrumil M Shah & Co. LLP.The company's voting result (opens in a new tab)

  1. Alteration and adoption of new set of Articles of Association (AOA) of the Company pursuant to the Companies Act, 2013.
    Special
    100.00% for0.00% against

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

    Turnout: all 71.80% · promoters 98.79% · institutions 100.00% · other public 16.58%

  2. Approval for increase in borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.02%

    Turnout: all 71.80% · promoters 98.79% · institutions 100.00% · other public 16.58%

  3. Approval for creation of charge/mortgage on the assets of the Company, under Section 180(1)(a) of the Companies Act, 2013.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.02%

    Turnout: all 71.80% · promoters 98.79% · institutions 100.00% · other public 16.58%

  4. Approval of the increase in limits of investments / loans/ guarantees/ securities under section 186 of the Companies Act, 2013.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.02%

    Turnout: all 71.80% · promoters 98.79% · institutions 100.00% · other public 16.58%

  5. Re-appointment of Mr. Sanjay Jaysinh Mariwala (DIN: 01111537) as an Independent Director of the Company for a second term of 5 years.
    Special
    100.00% for0.00% against

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

    Turnout: all 71.80% · promoters 98.79% · institutions 100.00% · other public 16.58%

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, 26 Jul 2025, 8 resolutions

14,082 shareholders on the register on 19 Jul 2025; present: 37 promoters and 27 others; votes counted by Dhrumil M Shah / Dhrumil M Shah & Co. LLP.The company's voting result (opens in a new tab)

  1. a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 along with the notes forming part thereof and the Report of the Board of Directors and Auditors thereon; b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 along with the notes forming part thereof and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.60% · promoters 100.00% · institutions 45.14% · other public 16.59%

  2. To declare Dividend on Equity Shares for the financial year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 96.29% · other public 16.59%

  3. To appoint Director, Mr. Abhay V. Udeshi (DIN: 00355598) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 96.29% · other public 16.59%

  4. To approve the appointment of Mr. Varghese Thomas (DIN: 05259148) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 96.29% · other public 16.59%

  5. To approve Material Related Party Transaction between the Company and Ihsedu Agrochem Private Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 5.46% · promoters 0.00% · institutions 96.29% · other public 16.47%

  6. To approve Material Related Party Transactions pertaining to Subsidiary(s) of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 5.46% · promoters 0.00% · institutions 96.29% · other public 16.47%

  7. To ratify the remuneration of Cost Auditor for the Financial Year 2025-2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 96.29% · other public 16.59%

  8. To approve the appointment of Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 96.29% · other public 16.59%

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, 26 Dec 2024, 1 resolution

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

  1. To approve Material Related Party Transactions pertaining to Subsidiary(s) of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 5.46% · promoters 0.00% · institutions 67.11% · other public 16.47%

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, 3 Sep 2024, 1 resolution

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

  1. Change in designation of Dr. Subhash V. Udeshi (DIN: 00355658) from Whole-TimenDirector to Joint Managing Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 70.92% · promoters 95.13% · institutions 62.12% · other public 21.36%

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, 10 Aug 2024, 6 resolutions

Present: 37 promoters and 41 others.The company's voting result (opens in a new tab)

  1. a)To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 along with the notes forming part thereof and the Report of the Board of Directors and Auditors thereon; nnb) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 along with the notes forming part thereof and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.48% · promoters 99.80% · institutions 26.32% · other public 16.66%

  2. To declare Dividend (including special dividend) on Equity Shares for the financial year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.51% · promoters 99.80% · institutions 52.75% · other public 16.66%

  3. To appoint Director, Dr. Subhash V. Udeshi (DIN: 00355658) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.02%

    Turnout: all 70.58% · promoters 96.93% · institutions 52.75% · other public 16.66%

  4. To approve the appointment of Mrs. Shweta Jain (DIN: 07872968) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 72.51% · promoters 99.80% · institutions 52.75% · other public 16.66%

  5. To approve Material Related Party Transaction between the Company and Ihsedu Agrochem Private Limited
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

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

    Turnout: all 5.48% · promoters 0.00% · institutions 52.75% · other public 16.53%

  6. To ratify the remuneration of Cost Auditor for the Financial Year 2024-2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.51% · promoters 99.80% · institutions 52.75% · other public 16.66%

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, 20 Mar 2024, 1 resolution

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

  1. Approval of Material Related Party Transaction proposed to be entered into between the Company and Ihsedu Agrochem Private Limited for the financial year 2024-25
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 5.50% · promoters 0.00% · institutions 65.07% · other public 16.59%

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, 5 Aug 2023, 4 resolutions

Present: 40 promoters and 47 others.The company's voting result (opens in a new tab)

  1. a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year endedn March 31, 2023 along with the notes forming part thereof and the Report of the Board of Directors and Auditors thereon; andnnb) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year endedn March 31, 2023 along with the notes forming part thereof and the Report of the Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.94% · promoters 100.00% · institutions 20.29% · other public 17.70%

  2. To declare Dividend on Equity Shares for the financial year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.97% · promoters 100.00% · institutions 58.78% · other public 17.70%

  3. To appoint Director, Mr. Varun A. Udeshi (DIN: 02210711) who retires by rotation and being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 34.52% · other public 0.00%

    Turnout: all 10.31% · promoters 6.65% · institutions 58.78% · other public 17.70%

  4. To ratify the remuneration of Cost Auditor for the Financial Year 2023-2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.97% · promoters 100.00% · institutions 58.78% · other public 17.70%

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
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.