Kanoria Chemicals & Industries logo

Kanoria Chemicals & Industries MD, chairman, board of directors and AGM

NSE: KANORICHEMBSE: 506525Industrial ManufacturingSmall Cap

Last close ₹167.84down ₹0.94 (0.56%)BSE ₹166.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹168.78.

52-week range of traded prices to 23 Oct 2026
₹56.00Low, 30 Mar 2026₹206.00High, 28 Sep 2026
Market cap
₹733 Cr2,053rd largest listed
P/E
4.7
P/E without one-offs
12.1
P/B
1.3
Dividend yield
Nonein the last 12 months
ROE
28.3%
ROE without one-offs
11.1%
ROCE
7.2%
Debt to equity
0.51
Volume, NSE
19,741

Kanoria Chemicals & Industries 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

  • Chairperson and managing directorRAJYA VARDHAN KANORIARelated to the promoter
  • Company Secretary and Compliance OfficerPRATIBHA JAISWAL

8 directors4 independent2 executive2 non-executive

  • RAJYA VARDHAN KANORIA · Chairperson and managing directorExecutive · joined Nov 1982 · reappointed Jan 2024 · 3 listed boards · 1 as independent · 3 committee seats, 1 as chair
  • MADHUVANTI KANORIANon-executive · joined Feb 2015 · reappointed Sep 2025 · 1 listed board
  • SAUMYA VARDHAN KANORIAExecutive · joined Apr 2016 · reappointed Apr 2025 · 1 listed board · 1 committee seat
  • HEMANT KUMAR KHAITANNon-executive · joined Jan 1982 · reappointed Sep 2026 · 3 listed boards · 1 as independent · 4 committee seats, 1 as chair
  • SIDHARTH KUMAR BIRLAIndependent · joined May 2018 · reappointed May 2023 · 100 months as independent · 3 listed boards · 2 as independent · 3 committee seats
  • SUHANA MURSHEDIndependent · joined Jun 2021 · reappointed Jun 2026 · 63 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • SUMANTA CHAUDHURIIndependent · joined Sep 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • MEETA MAKHANIndependent · joined Sep 2024 · 24 months as independent · 4 listed boards · 4 as independent · 8 committee seats, 4 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.

Committees and meetings

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

  • Board

    • 11 Aug 20268 of 8 present4 independent · 77 days in between
    • 25 May 20268 of 8 present4 independent · 36 days in between
    • 18 Apr 20268 of 8 present4 independent · 4 days in between
    • 13 Apr 20268 of 8 present4 independent

  • Audit Committee

    Chair MEETA MAKHAN

    RAJYA VARDHAN KANORIA, SIDHARTH KUMAR BIRLA, SUHANA MURSHED, SUMANTA CHAUDHURI

    • 11 Aug 20265 of 5 present4 independent · 77 days in between
    • 25 May 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair SIDHARTH KUMAR BIRLA

    RAJYA VARDHAN KANORIA, SUMANTA CHAUDHURI, MEETA MAKHAN

    • 25 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair SUHANA MURSHED

    HEMANT KUMAR KHAITAN, SAUMYA VARDHAN KANORIA

    No meeting listed in the filing.

  • Risk Management Committee

    Chair RAJYA VARDHAN KANORIA

    SAUMYA VARDHAN KANORIA, SIDHARTH KUMAR BIRLA, NIRMAL KUMAR NOLKHA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair MADHUVANTI KANORIA

    RAJYA VARDHAN KANORIA, MEETA MAKHAN

    • 11 Aug 20263 of 3 present1 independent · 77 days in between
    • 25 May 20262 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.

  • SINGHI & CO.Peer-review certificate valid to Aug 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.

Kanoria Chemicals & Industries 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.Kanoria Chemicals & Industries dividend history

Annual general meeting, 2 Sep 2026

15,196 shareholders on the register on 26 Aug 2026; present: 6 promoters and 90 others; votes counted by AMIT CHORARIA / AMIT CHORARIA AND CO.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the financial year ended 31st March 2026 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.80%

    Turnout: all 73.43% · promoters 98.66% · institutions 1.68% · other public 0.08%

  2. Re-appointment of Shri Hemant Kumar Khaitan (DIN: 00220049), who retires by rotation and , being eligible, offers himself for re-appintment as a Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.37%

    Turnout: all 73.43% · promoters 98.66% · institutions 1.68% · other public 0.08%

  3. Re-Appointment of Smt. Suhana Murshed (DIN 08572394), as Independent Director of the Company for a term of 5 years w.e.f. June 29, 2026
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 100.00% · other public 3.13%

    Turnout: all 73.43% · promoters 98.66% · institutions 1.68% · other public 0.08%

  4. Ratification of remuneration of the Cost Auditors for the financial year 2026 - 2027
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.62%

    Turnout: all 73.43% · promoters 98.66% · institutions 1.68% · other public 0.08%

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, 1 Apr 2026, 2 resolutions

17,675 shareholders on the register on 25 Mar 2026; present: 6 promoters and 57 others; votes counted by AMIT CHORARIA / AMIT CHORARIA AND CO.The company's voting result (opens in a new tab)

  1. Increase in the Authorised Share Capital of the Company and consequent amendment in the Memorandum of Association
    Special
    100.00% for0.00% against

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

    Turnout: all 73.42% · promoters 98.66% · institutions 2.25% · other public 0.05%

  2. Issuance and allotment of Non – Convertible, Non – Cumulative, Non-Participating, Redeemable Preference Shares (NCRPS) of 1,000/- each to M/s. R. V. Investment and Dealers Limited on private placement basis.MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 66.07% · promoters 88.79% · institutions 2.25% · other public 0.05%

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 Sep 2025, 4 resolutions

18,405 shareholders on the register on 19 Sep 2025; present: 6 promoters and 57 others; votes counted by AMIT CHORARIA / AMIT CHORARIA AND CO.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the financial year ended 31st March 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.24%

    Turnout: all 73.44% · promoters 98.66% · institutions 2.25% · other public 0.13%

  2. Appointment of a Director in place of Smt. Madhuvanti Kanoria (DIN: 00142146), who retires by rotation and, being eligible, offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.35%

    Turnout: all 73.44% · promoters 98.66% · institutions 2.25% · other public 0.13%

  3. Ratification of remuneration of the Cost Auditors for the financial year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.24%

    Turnout: all 73.44% · promoters 98.66% · institutions 2.25% · other public 0.13%

  4. Appointment of Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.25%

    Turnout: all 73.44% · promoters 98.66% · institutions 2.25% · other public 0.13%

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 2025, 1 resolution

18,580 shareholders on the register on 25 Jul 2025; votes counted by AMIT CHORARIA / AMIT CHORARIA AND CO.The company's voting result (opens in a new tab)

  1. To consider and approve dilution and divestment of 100% shareholding of the Company in its material subsidiary
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 34.02% · other public 9.89%

    Turnout: all 73.51% · promoters 98.66% · institutions 6.01% · other public 0.41%

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 2025, 2 resolutions

18,888 shareholders on the register on 4 Apr 2025; votes counted by AMIT CHORARIA / AMIT CHORARIA AND CO.The company's voting result (opens in a new tab)

  1. Re-appointment of Shri Saumya Vardhan Kanoria (DIN 02097441) as a Wholetime Director of the Company for a period of three years with effect from 1st April, 2025
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.34%

    Turnout: all 74.47% · promoters 100.00% · institutions 1.70% · other public 0.29%

  2. Approval of Material Related Party Transaction between the step down subsidiaries of the Company, viz., APAG Elektronik AG, Switzerland and APAG Elektronik s.r.o., Czech Republic
    OrdinaryPromoters have an interest in it
    98.63% for1.37% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.41%

    Turnout: all 0.08% · promoters 0.00% · institutions 1.70% · other public 0.29%

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, 6 resolutions

Present: 6 promoters and 111 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the financial year ended 31st March 2024 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 74.48% · promoters 100.00% · institutions 0.95% · other public 0.30%

  2. Appointment of a Director in place of Shri Saumya Vardhan Kanoria (DIN: 02097441), 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 1.04%

    Turnout: all 74.48% · promoters 100.00% · institutions 0.95% · other public 0.30%

  3. Ratification of remuneration of the Cost Auditors for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 74.48% · promoters 100.00% · institutions 0.95% · other public 0.30%

  4. Appointment of Smt. Meeta Makhan (DIN: 07135150) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 74.48% · promoters 100.00% · institutions 0.95% · other public 0.30%

  5. Appointment of Shri Sumanta Chaudhuri (DIN: 01998420) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.05%

    Turnout: all 74.48% · promoters 100.00% · institutions 0.95% · other public 0.30%

  6. Appointment of Shri Hemant Kumar Khaitan (DIN: 00220049) as a Non-Executive and Non Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 74.48% · promoters 100.00% · institutions 0.95% · other public 0.30%

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, 29 Dec 2023, 2 resolutions

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

  1. Approval of Material Related Party Transaction between APAG Elektronik AG, Switzerland and APAG Elektronik s.r.o., Czech Republic, step down subsidiaries.
    OrdinaryPromoters have an interest in it
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 1.99% · promoters 0.00% · institutions 2.25% · other public 7.79%

  2. To re-appoint Shri Rajya Vardhan Kanoria as the Managing Director of the Company for a term of 3 years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 76.39% · promoters 100.00% · institutions 2.25% · other public 7.79%

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 2023, 3 resolutions

Present: 6 promoters and 87 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the financial year ended 31st March 2023 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 74.48% · promoters 100.00% · institutions 2.25% · other public 0.32%

  2. Appointment of a Director in place of Smt Madhuvanti Kanoria (DIN: 00142146), 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 100.00% · other public 0.92%

    Turnout: all 71.16% · promoters 95.53% · institutions 2.25% · other public 0.32%

  3. Ratification of remuneration of the Cost Auditors for the financial year 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.48% · promoters 100.00% · institutions 2.25% · other public 0.32%

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 disputeIncome Tax Authority, AO e-assessment Unit (Assesement Year 2023-24)Since 9 Apr 2026
    The case is pending before CIT(A), nfac
  • Tax disputeIncome Tax Authority, Addl.CIT Range -10 (Assessment Year 2011-12)Since 25 Apr 2014
    The case is pending before CIT(A) XII, Kol
  • Tax disputeIncome Tax Authority, DCIT Cir.10(1), Kolkata (Assessment Year 2016-17)Since 21 Mar 2020
    The case is pending before CIT(A) 4, Kol
  • Tax disputeIncome Tax Authority, AO Regional e-assessment Unit (Assessment Year 2017-18)Since 5 Aug 2021
    The case is pending before CIT(A) Nfac
  • Tax disputeIncome Tax Authority, AO Regional e-assessment Unit (Assessment Year 2018-19)Since 20 Mar 2021
    The case is pending before CIT(A) Nfac

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

At most 1 complaint open, quarter to Mar 2026.
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.