Keltech Energies MD, chairman, board of directors and AGM
BSE: 506528Chemicals & PetrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹12,852.25.
- 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.
- ₹1,246 Cr1,962nd 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 31 Jul 2026
- 43.7
- 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 ₹3.18 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 49.1
- 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 27 May 2026
- 8.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.01%
- 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 31 Jul 2026
- 20.6%
- 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 ₹3.18 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 18.3%
- 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 31 Jul 2026
- 15.1%
- 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 27 May 2026
- 0.47
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,242
Keltech Energies 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
- ChairpersonVijay V ChowguleRelated to the promoter
- Managing directorMahesh Wataney
8 directors5 independent2 executive1 non-executive
- Vijay V Chowgule · ChairpersonNon-executive · joined Jan 2021 · 68 months as independent · 2 listed boards · 2 committee seats
- Santosh L ChowguleExecutive · joined Mar 2004 · 283 months as independent · 1 listed board · 4 committee seats
- Deepak JadhavIndependent · joined Jul 2023 · 39 months as independent · 2 listed boards · 2 as independent · 5 committee seats
- Mahesh Wataney · Managing directorExecutive · joined May 2023 · 41 months as independent · 1 listed board · 3 committee seats
- Janhavi Rajeev Apte KothariIndependent · joined Jul 2024 · 27 months as independent · 1 listed board · 1 as independent · 5 committee seats, 2 as chair
- VIJAY NAYAK PANGALIndependent · joined Nov 2024 · 23 months as independent · 1 listed board · 1 as independent · 5 committee seats
- Satish Vasant GhatgeIndependent · joined Jul 2025 · 15 months as independent · 1 listed board · 1 as independent · 5 committee seats, 2 as chair
- Vasudev Narayan TumbeIndependent · joined Jul 2025 · 15 months as independent · 1 listed board · 1 as independent · 5 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 31 Jul 20268 of 8 present5 independent · 64 days in between
- 27 May 20268 of 8 present5 independent
Audit Committee
Chair Vasudev Narayan Tumbe
VIJAY NAYAK PANGAL, Deepak Jadhav, Santosh L Chowgule, Janhavi Rajeev Apte Kothari, Satish Vasant Ghatge
- 31 Jul 20265 of 6 present5 independent · 64 days in between
- 27 May 20265 of 6 present5 independent
Nomination and remuneration committee
Chair Satish Vasant Ghatge
VIJAY NAYAK PANGAL, Deepak Jadhav, Vijay V Chowgule, Janhavi Rajeev Apte Kothari, Vasudev Narayan Tumbe
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Satish Vasant Ghatge
Janhavi Rajeev Apte Kothari, VIJAY NAYAK PANGAL, Santosh L Chowgule, Mahesh Wataney, Vasudev Narayan Tumbe, Deepak Jadhav
- 31 Jul 20265 of 7 present5 independent · 64 days in between
- 27 May 20265 of 7 present5 independent
Corporate Social Responsibility Committee
Chair Janhavi Rajeev Apte Kothari
Satish Vasant Ghatge, Deepak Jadhav, Vasudev Narayan Tumbe, VIJAY NAYAK PANGAL, Santosh L Chowgule, Mahesh Wataney
No meeting listed in the filing.
Share Transfer Committee
Chair Vijay V Chowgule
Santosh L Chowgule, Mahesh Wataney
No meeting listed in the filing.
Independent Directors Committee
Chair Janhavi Rajeev Apte Kothari
Deepak Jadhav, VIJAY NAYAK PANGAL, Satish Vasant Ghatge, Vasudev Narayan Tumbe
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 Jun 2026.
- CNK & Associates LLPPeer-review certificate valid to Jul 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.
Keltech Energies 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.Keltech Energies dividend history
Annual general meeting, 7 Aug 2026
6,222 shareholders on the register on 31 Jul 2026; present: 2 promoters and 52 others; votes counted by SHARVARI SHAM KULKARNI / M/S SHARVARI KULKARNI & ASSOCIATES.The company's voting result (opens in a new tab)
Consider and adopt the Audited Balance Sheet of the Company as at March 31, 2026 and the Statement of Profit and Loss for the year ended on that date together with the reports of Directors and Auditors thereon.MoreLess
Ordinary99.81% for0.19% againstAgainst: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- Declaration of Dividend.Ordinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- To appoint a Director in place of Mr. Santosh Laxmanrao Chowgule (DIN: 00097736), Executive Director and Vice-Chairperson, who retires by rotation and being eligible offers himself for re-appointment.Ordinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- Appointment of Cost Auditors and fix his remuneration for the current financial year.Ordinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- To appoint a Director in place of Mr. Vijay Vishwasrao Chowgule (DIN: 00018903), Non-Executive - Non-Independent Director, who retires by rotation and being eligible offers himself for re-appointment.Special99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- To consider and approve the Managerial Remuneration to be paid to Mr. Santosh Laxmanrao Chowgule (DIN: 00097736), Executive Director and Vice-Chairperson of the Company.Special99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- To consider and approve the Managerial Remuneration to be paid to Mr. Mahesh Vijay Wataney (DIN: 09631354), Managing Director of the Company.Special99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 25.94%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
- Approval for Increase in Borrowing Powers under Section 180(1)(c) of the Companies Act, 2013.Special99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 26.19%
Turnout: all 54.73% · promoters 100.00% · institutions 0.00% · other public 0.89%
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.