Kalind MD, chairman, board of directors and AGM
BSE: 526935Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹3.45.
- Under BSE's long-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹300 Cr1,442nd 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.
- Earlier quarters restated in the year
- 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 22 May 2026
- 1.4
- 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
- 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 30 Jul 2026
- 21.9%
- 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 22 May 2026
- 0.05
- Volume, BSEVolume. Shares traded on the last trading day.
- 6,09,805
Kalind 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
- ChairpersonDHARMENDRABHAI BECHAR BHAI JASANI
- Managing directorAYUSH DHARMENDRABHAI JASANI
6 directors3 independent2 executive1 non-executive
- DHARMENDRABHAI BECHAR BHAI JASANI · ChairpersonExecutive · joined Apr 2025 · 14 months as independent · 1 listed board
- AYUSH DHARMENDRABHAI JASANI · Managing directorExecutive · joined Apr 2025 · 14 months as independent · 1 listed board · 2 committee seats
- ANAND BHAGWAN SOMANIndependent · joined Apr 2025 · 14 months as independent · 1 listed board · 1 as independent
- KETANABEN JASANINon-executive · joined Dec 2025 · 6 months as independent · 1 listed board
- VISHAL SHANKAR PATILIndependent · joined Dec 2025 · 6 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- PAYAL BAFNAIndependent · joined Apr 2026 · 2 months as independent · 4 listed boards · 4 as independent · 7 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.
2 directors who left
- GAURAV RAJENDRA LUTHRA, left 17 Mar 2026: Others
- SANAM KASHINATH UMBARGIKAR, left 20 Feb 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 3 Jun 20266 of 6 present3 independent · 18 days in between
- 15 May 20266 of 6 present3 independent · 17 days in between
- 27 Apr 20266 of 6 present3 independent · 20 days in between
- 6 Apr 20266 of 6 present3 independent · 20 days in between
5 earlier meetings
- 16 Mar 20266 of 6 present3 independent · 15 days in between
- 28 Feb 20266 of 6 present3 independent · 7 days in between
- 20 Feb 20266 of 6 present3 independent · 5 days in between
- 14 Feb 20266 of 6 present3 independent · 1 day in between
- 12 Feb 20266 of 6 present3 independent
Audit Committee
Chair PAYAL BAFNA
AYUSH DHARMENDRABHAI JASANI, VISHAL SHANKAR PATIL
- 15 May 20263 of 3 present2 independent · 17 days in between
- 27 Apr 20263 of 3 present2 independent · 57 days in between
- 28 Feb 20263 of 3 present2 independent · 13 days in between
- 14 Feb 20263 of 3 present2 independent · 1 day in between
1 earlier meeting
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair VISHAL SHANKAR PATIL
PAYAL BAFNA, DHARMENDRABHAI BECHAR BHAI JASANI
- 6 Apr 20263 of 3 present2 independent · 20 days in between
- 16 Mar 20263 of 3 present2 independent · 15 days in between
- 28 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair VISHAL SHANKAR PATIL
AYUSH DHARMENDRABHAI JASANI, PAYAL BAFNA
- 27 Apr 20263 of 3 present2 independent · 73 days in between
- 12 Feb 20263 of 3 present2 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.
- PHHAD & Co. LLP (Formerly known as D G K T & Co. LLP)Peer-review certificate valid to Aug 2027
1 earlier auditor
- B.R Pancholi & CO.Named in filings from Mar 2025 to Jun 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.
Kalind 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.Kalind dividend history
Annual general meeting, 29 Sep 2026
23,563 shareholders on the register on 22 Sep 2026; present: 2 promoters and 34 others; votes counted by Riddhi Shah / Riddhi Shah.The company's voting result (opens in a new tab)
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2026, ALONG WITH THE REPORTS OF BOARD OF DIRECTORS' AND AUDITORS' THEREONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 10.18% · promoters 100.00% · institutions 0.00% · other public 0.10%
- TO APPOINT A DIRECTOR IN PLACE OF MR. DHARMENDRABHAI BECHARBHAI JASANI (DIN: 10495406) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT AS DIRECTOROrdinaryPromoters have an interest in it98.87% for1.13% against
Against: promoters 0.00% · institutions 0.00% · other public 1.13%
Turnout: all 0.09% · promoters 0.00% · institutions 0.00% · other public 0.10%
TO CONSIDER AND APPROVE THE APPOINTMENT OF M/S. P H H A D & CO. LLP (FORMERLY KNOWN AS M/S. D G K T & CO LLP), CHARTERED ACCOUNTANTS (ICAI FIRM REGISTRATION NO. 151804W/W100761) AS STATUTORY AUDITORS OF THE COMPANYMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.86%
Turnout: all 10.18% · promoters 100.00% · institutions 0.00% · other public 0.10%
- APPOINTMENT OF MS. RIDDHI SHAH, A PEER REVIEWED, PRACTICING COMPANY SECRETARY AS SECRETARIAL AUDITORS OF THE COMPANYOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.12%
Turnout: all 10.18% · promoters 100.00% · institutions 0.00% · other public 0.10%
- ISSUE OF EQUITY SHARES OF THE COMPANY ON A PREFERENTIAL BASISSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.07%
Turnout: all 10.18% · promoters 100.00% · institutions 0.00% · other public 0.10%
- TO APPROVE CHANGE IN DESIGNATION OF MR. AYUSH DHARMENDRABHAI JASANI (DIN: 09842741) AS MANAGING DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it98.92% for1.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.08%
Turnout: all 0.09% · promoters 0.00% · institutions 0.00% · other public 0.10%
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, 4 Sep 2026, 2 resolutions
16,154 shareholders on the register on 31 Jul 2026; votes counted by Riddhi Shah / Riddhi Shah.The company's voting result (opens in a new tab)
- TO APPROVE RAISING OF FUNDS AND ISSUANCE OF SECURITIES THROUGH QIP AND/OR FCCB AND/OR ECB AND /OR ANY OTHER PERMISSIBLE MODESSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 23.46% · promoters 100.00% · institutions 0.00% · other public 11.65%
- INCREASE IN INVESTMENT LIMITS FOR FOREIGN PORTFOLIO INVESTORS AND NON-RESIDENT INDIANS/ OVERSEAS CITIZENS OF INDIASpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 23.46% · promoters 100.00% · institutions 0.00% · other public 11.65%
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.
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
- 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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesFeb 2026, checked by Infomerics Valuation and Rating Limited | 120.51 | – | – | No | Audit committee: No Deviation |