Kothari Sugars and Chemicals logo

Kothari Sugars and Chemicals MD, chairman, board of directors and AGM

NSE: KOTARISUGAgricultural Food & other ProductsSmall Cap

Last close ₹23.71down ₹0.82 (3.34%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹24.53.

52-week range of traded prices to 23 Oct 2026
₹22.50Low, 30 Mar 2026₹39.94High, 24 Aug 2026
Market cap
₹197 Cr2,367th largest listed
P/E
36.1
P/E without one-offs
Lossover the last 12 months
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
1.9%
ROE without one-offs
−7.6%
ROCE
−10.3%
Debt to equity
0.24
Volume, NSE
33,034

Kothari Sugars and Chemicals 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

  • ChairpersonNina Bhadrashyam KothariRelated to the promoter
  • Managing directorArjun Bhadrashyam Kothari
  • Company Secretary and Compliance OfficerR. Prakash

6 directors3 independent2 executive1 non-executive

  • Nina Bhadrashyam Kothari · ChairpersonNon-executive · joined May 2014 · 2 listed boards · 1 committee seat, 1 as chair
  • Arjun Bhadrashyam Kothari · Managing directorExecutive · joined Apr 2015 · reappointed Sep 2025 · 2 listed boards · 2 committee seats
  • Mariathangam Silvester GoldwinExecutive · joined Aug 2018 · reappointed Aug 2024 · 1 listed board
  • Raju Chettiar MohanIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sitharaman SundarramanIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Abdul Kareem SaitIndependent · joined Jun 2025 · reappointed Jun 2025 · 15 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
  • Krishnan Venkatakrishnan Coimbatore, left 27 Jun 2025: Others

Committees and meetings

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

  • Board

    • 13 Aug 20266 of 6 present3 independent · 85 days in between
    • 19 May 20266 of 6 present3 independent · 14 days in between
    • 4 May 20266 of 6 present3 independent
  • Audit Committee

    Chair Sitharaman Sundarraman

    Raju Chettiar Mohan, Abdul Kareem Sait

    • 13 Aug 20263 of 3 present3 independent · 85 days in between
    • 19 May 20263 of 3 present3 independent · 14 days in between
    • 4 May 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair Sitharaman Sundarraman

    Raju Chettiar Mohan, Abdul Kareem Sait

    • 15 May 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair Raju Chettiar Mohan

    Arjun Bhadrashyam Kothari, Abdul Kareem Sait

    • 17 Jun 20263 of 3 present2 independent · 32 days in between

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.

  • P. Chandrasekar LLPPeer-review certificate valid to Mar 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.

Kothari Sugars and Chemicals 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.Kothari Sugars and Chemicals dividend history

Annual general meeting, 13 Aug 2026

63,931 shareholders on the register on 6 Aug 2026; present: 4 promoters and 60 others; votes counted by K Jamuna / SJN & Associates.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 March 31, 2026, the Report of the Auditors thereon and Report of the Board of Directors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.60% · promoters 100.00% · institutions 23.32% · other public 3.54%

  2. To appoint a director in the place of Mr. Arjun B Kothari, (DIN: 07117816) who retires by rotation and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 74.60% · promoters 100.00% · institutions 23.32% · other public 3.54%

  3. Ratification of Remuneration to Mr. K. Suryanarayanan, Cost Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.60% · promoters 100.00% · institutions 23.32% · other public 3.54%

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, 6 Aug 2025, 6 resolutions

70,199 shareholders on the register on 30 Jul 2025; present: 4 promoters and 59 others; votes counted by D. SARAVANAN / Alagar & Associates LLP.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 March 31, 2025, the Report of the Auditors thereon and Report of the Board of Directors
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.38% · promoters 100.00% · institutions 45.52% · other public 5.14%

  2. To appoint a director in the place of Mrs. Nina B. Kothari, (DIN: 00020119) 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 0.05%

    Turnout: all 75.38% · promoters 100.00% · institutions 45.52% · other public 5.14%

  3. Ratification of Remuneration to Mr. K. Suryanarayanan, Cost Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.38% · promoters 100.00% · institutions 45.52% · other public 5.14%

  4. To consider and approve the Re-appointment of Mr. Arjun B. Kothari, (DIN: 07117816) as Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 75.38% · promoters 100.00% · institutions 45.52% · other public 5.14%

  5. Appointment of Mr. Abdul Kareem Sait (DIN : 03265300) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 75.38% · promoters 100.00% · institutions 45.52% · other public 5.14%

  6. To consider and approve the appointment of Secretarial Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 75.38% · promoters 100.00% · institutions 45.52% · other public 5.14%

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 2024, 5 resolutions

Present: 4 promoters and 71 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 March 31, 2024, the Reports of the Auditors thereon and Report of the Board of Directors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.98% · promoters 100.00% · institutions 48.96% · other public 7.18%

  2. To appoint a director in the place of Mr. M. Silvester Goldwin, (DIN: 08145634) 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 75.98% · promoters 100.00% · institutions 48.96% · other public 7.18%

  3. Ratification of Remuneration to Mr. K. Suryanarayanan, Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.98% · promoters 100.00% · institutions 48.96% · other public 7.18%

  4. To consider and approve the payment of commission to Mrs. Nina B. Kothari, (DIN: 00020119) Non-Executive Chairperson of the Company
    SpecialPromoters have an interest in it
    99.15% for0.85% against

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

    Turnout: all 75.98% · promoters 100.00% · institutions 48.96% · other public 7.18%

  5. To consider and approve the Re-appointment of Mr. M. Silvester Goldwin, (DIN: 08145634) as Whole Time Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 75.98% · promoters 100.00% · institutions 48.96% · other public 7.18%

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, 30 Dec 2023, 2 resolutions

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

  1. Appointment of Mr. M. R. Mohan (DIN: 10289673) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 75.58% · promoters 100.00% · institutions 0.00% · other public 8.20%

  2. Appointment of Mr. S. Sundarraman (DIN: 01032768) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 75.58% · promoters 100.00% · institutions 0.00% · other public 8.20%

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 2023, 5 resolutions

Present: 4 promoters and 72 others.The company's voting result (opens in a new tab)

  1. Consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, the Reports of the Auditors thereon and Report of the Board of Directors
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.26% · promoters 100.00% · institutions 42.05% · other public 8.34%

  2. Re-appointment of Mr. Arjun B. Kothari (DIN: 07117816) who retires by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 76.26% · promoters 100.00% · institutions 42.05% · other public 8.34%

  3. Declaration of Final Dividend for the financial year 2022 - 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.26% · promoters 100.00% · institutions 42.05% · other public 8.34%

  4. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.26% · promoters 100.00% · institutions 42.05% · other public 8.34%

  5. Consider and approve the payment of commission to Mrs. Nina B. Kothari (DIN:00020119), Non-Executive Chairperson of the Company for the financial year 2023 - 2024
    SpecialPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.02% · promoters 95.60% · institutions 42.05% · other public 8.34%

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, 3 Aug 2022, 6 resolutions

Present: 4 promoters and 63 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 March 31, 2022, the Reports of the Auditors thereon and Report of the Board of Directors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.58% · promoters 100.00% · institutions 30.62% · other public 5.58%

  2. To appoint a Director in the place of Mrs. Nina B. Kothari (DIN: 00020119) who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.03% for0.97% against

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

    Turnout: all 72.34% · promoters 95.60% · institutions 30.62% · other public 5.58%

  3. Re-appointment of Statutory Auditors for a second term of five years
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.58% · promoters 100.00% · institutions 30.62% · other public 5.58%

  4. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.58% · promoters 100.00% · institutions 30.62% · other public 5.58%

  5. Re-appointment of Mr. Arjun B. Kothari (DIN: 07117816) as Managing Director of the Company
    SpecialPromoters have an interest in it
    99.07% for0.93% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.01%

    Turnout: all 75.51% · promoters 99.91% · institutions 30.62% · other public 5.58%

  6. To Consider and approve the Re-appointment of Mr. C V Krishnan (DIN: 01606522) as on Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 75.58% · promoters 100.00% · institutions 30.62% · other public 5.58%

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, 30 Jul 2021, 5 resolutions

Present: 4 promoters and 78 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 March 31, 2021, the Report of the Auditors thereon and Report of the Board of Directors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.55% · promoters 100.00% · institutions 0.00% · other public 8.30%

  2. To appoint a Director in the place of Mr. M. Silvester Goldwin, (DIN: 08145634) who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 75.55% · promoters 100.00% · institutions 0.00% · other public 8.29%

  3. Ratification of Remuneration to Cost Auditor
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 75.55% · promoters 100.00% · institutions 0.00% · other public 8.29%

  4. to consider and approve the re-appointment of Mr. M. Silvester Goldwin as Whole time director of the company
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.62%

    Turnout: all 75.55% · promoters 100.00% · institutions 0.00% · other public 8.29%

  5. To adopt a new set of Articles of Association of the company in line with companies act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 75.55% · promoters 100.00% · institutions 0.00% · other public 8.29%

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, 11 Aug 2020, 3 resolutions

Present: 4 promoters and 76 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 March 31, 2020, the Report of the Auditors thereon and Report of the Board of Directors
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 8.45%

  2. To appoint a Director in the place of Mr. Arjun B. Kothari (DIN:07117816) who retires by rotation and being eligible offers himself 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 75.47% · promoters 99.91% · institutions 0.00% · other public 8.45%

  3. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 8.45%

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 dispute(a) State of Tamil Nadu, Energy Department, (b) Electrical Inspector Electricity Dept., Govt. of Tamil Nadu and (c) TNEBSince 20 Aug 2008
    Pending before the Hon’ble Supreme Court for final hearing. Expected financial implications Rs. 4.34 Crores.
    At the filing before: Challenging the Tamil Nadu electricity validation Act 2007 which ratifies the imposing of tax on consumption of self-generated electricity as well as sale of electricity. Pending before the Hon’ble Supreme Court for final hearing. Expected financial implications Rs.4.34 crores.MoreLess

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

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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.