Kothari Industrial Corporation MD, chairman, board of directors and AGM
NSE: KOTICBSE: 509732Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹131.90.
- 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.
- ₹1,297 Cr1,175th 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 10 Jun 2026
- 5.6
- 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 14 Aug 2026
- −8.9%
- 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 10 Jun 2026
- 0.25
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 70,96741.0% delivered
Kothari Industrial Corporation 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
- Chairperson and managing directorJINNAH MOIDEEN RAFIQAHMED
- Company Secretary and Compliance OfficerANIL KUMAR PADHIALI
5 directors2 independent1 executive2 non-executive
- JINNAH MOIDEEN RAFIQAHMED · Chairperson and managing directorExecutive · joined Apr 2017 · 111 months as independent · 1 listed board
- THOOPJLAMUDU ARULPATHYRAJALAXMINon-executive · joined Jun 2018 · 96 months as independent · 1 listed board · 2 committee seats
- GNANASAMBANDAMVENKATRAGHAVANIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 2 as chair
- PRIYA RAOIndependent · joined Feb 2026 · reappointed Feb 2026 · 4 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 4 as chair
- RAFIQ AHMED SULAIHA BANUNon-executive · joined Mar 2026 · 3 months as independent · 1 listed board
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.
5 directors who left
- PERUMAL RAVIKUMAR, left 30 May 2026: Others
- DAKSHINAMOORTHY GUNASEKARAN, left 29 Oct 2025: Tenure Completion
- VELAYUTHAM ANBURAJ, left 15 May 2025: Others
- DILIP MACHADO, left 30 Mar 2025: Tenure Completion
- PRADIP DAYANAND KOTHARI, left 18 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 3 Jun 20265 of 5 present2 independent · 3 days in between
- 30 May 20266 of 6 present3 independent · 7 days in between
- 22 May 20266 of 6 present3 independent · 63 days in between
- 19 Mar 20265 of 5 present3 independent · 32 days in between
2 earlier meetings
- 14 Feb 20264 of 4 present2 independent · 39 days in between
- 5 Jan 20264 of 4 present2 independent
Audit Committee
Chair GNANASAMBANDAMVENKATRAGHAVAN
THOOPJLAMUDU ARULPATHYRAJALAXMI, PRIYA RAO
- 3 Jun 20263 of 3 present2 independent · 3 days in between
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair GNANASAMBANDAMVENKATRAGHAVAN
THOOPJLAMUDU ARULPATHYRAJALAXMI, PRIYA RAO
- 19 Mar 20263 of 3 present2 independent · 32 days in between
- 14 Feb 20263 of 3 present2 independent · 39 days in between
- 5 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair GNANASAMBANDAMVENKATRAGHAVAN
THOOPJLAMUDU ARULPATHYRAJALAXMI, PRIYA RAO
- 19 Mar 20263 of 3 present2 independent
Risk Management Committee
Chair JINNAH MOIDEEN RAFIQAHMED
THOOPJLAMUDU ARULPATHYRAJALAXMI, VIRUTHAGIRI ANAND, PRIYA RAO
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 Mar 2026.
- RAY & RAYPeer-review certificate valid to Mar 2027
1 earlier auditor
- M/S RAY & RAYNamed 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.
Kothari Industrial Corporation 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 Industrial Corporation share news and announcements
Annual general meeting, 30 Sep 2026
53,523 shareholders on the register on 23 Sep 2026; present: 6 promoters and 47 others; votes counted by S.GANESAN / S.GANESAN.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial Statements of the Company for the financial Year ended 31st March, 2026 and the Reports of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.48% · promoters 2.02% · institutions 0.00% · other public 8.94%
- Adoption of Audited Consolidated Financial Statements of the Company for the financial Year ended 31st March, 2026 and the Reports of Board of Directors and Auditors thereon:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.48% · promoters 2.02% · institutions 0.00% · other public 8.94%
- To appoint a director in the place of Ms. R. Sulaiha Banu (DIN: 11609138), who retires by rotation and being eligible offers herself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.48% · promoters 2.02% · institutions 0.00% · other public 8.94%
- To appoint Mr. R. Manoranjan (DIN: 11882006) as the Independent director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.48% · promoters 2.02% · institutions 0.00% · other public 8.94%
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, 24 Apr 2026, 3 resolutions
53,267 shareholders on the register on 20 Mar 2026; votes counted by SANTOSH KUMAR SENAPATI / SANTOSH SENAPATI & CO.The company's voting result (opens in a new tab)
- APPOINTMNET OF MRS. PRIYA RAO (DIN:0071336) AS THE WOMEN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.41% · promoters 96.39% · institutions 0.00% · other public 11.35%
- APPOINTMENT OF MS.RAFIQ AHMED SULAIHA BANU(DIN: 11609138) AS THE NON EXECUTIVE DIRECTOR (NON INDEPENDENT DIRECTOR) OF THE COMPANYOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 6.69% · promoters 2.02% · institutions 0.00% · other public 11.35%
- APPROVAL FOR THE RECLASSIFICATION OF PROMOTER/PROMOTER GROUP TO PUBLIC CATEGORYOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.45% · promoters 94.37% · institutions 0.00% · other public 11.35%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 24 Apr 2026, 1 fund house
- APPOINTMNET OF MRS. PRIYA RAO (DIN:0071336) AS THE WOMEN INDEPENDENT DIRECTOR OF THE COMPANY1 for0 against
- APPOINTMENT OF MS.RAFIQ AHMED SULAIHA BANU(DIN: 11609138) AS THE NON EXECUTIVE DIRECTOR (NON INDEPENDENT DIRECTOR) OF THE COMPANY1 for0 against
- APPROVAL FOR THE RECLASSIFICATION OF PROMOTER/PROMOTER GROUP TO PUBLIC CATEGORY1 for0 against
Mutual fund votes, meeting of 27 Jan 2026, 1 fund house
Appointment of Mr. Ravikumar Perumal (DIN: 09683689) as an Independent Director (under Non-Executive category) of the Company, to hold office for a term of five consecutive years i.e., from 29th October 2025 till 28th October 2030 and not liable to retire by rotation.MoreLess
1 for0 against- To approve grant of Employee Stock Options Under the KICL Employee Stock Option Scheme 2025 (KICL ESOP 2025) to the Eligible Employees of the Company's Subsidiary Companies or Associate Companies.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake heldPhoenix Kothari Footwear Private LimitedSince 15 Apr 2026
0.00% bought in the quarter; holding 30.00%, from 30.00%
- Fine or penaltyBSE LIMITEDSince 30 Jun 2026
BSE Limited levied a fine of ₹53,100 (including GST) under the SEBI SOP Master Circular for delayed compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015 in respect of the quarter/year ended 31 March 2026. The delay pertained to the late submission of the Consolidated Statement on Impact of Audit Qualifications. The matter was advised to be placed before the Board of Directors in its next meeting
Delay in submission of the Consolidated Statement on Impact of Audit Qualifications under Regulation 33 of the SEBI (LODR) Regulations, 2015 for the quarter/year ended 31 March 2026.
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
- 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
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- 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 Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. 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 |
|---|---|---|---|---|---|---|
| Preferential IssuesMay 2025 | 95.52 | Investment in purchase of equity shares of Phoenix Kothari Footwear Limited | 37.27 | 37.27 | No | Audit committee: NOAuditors: NO |
| Preferential IssuesMay 2025 | 95.52 | Setting up a drone factory | 6.00 | 6.00 | No | Audit committee: NOAuditors: NO |
| Preferential IssuesMay 2025 | 95.52 | Investment in existing footwear business | 10.00 | 10.00 | No | Audit committee: NOAuditors: NO |
| Preferential IssuesMay 2025 | 95.52 | Working capital requirements for the launch of 65 new fertilizer products | 10.00 | 10.00 | No | Audit committee: NOAuditors: NO |
| Preferential IssuesMay 2025 | 95.52 | Meeting Working capital requirements including funding ongoing and future projects and settle part of the liabilities | 20.52 | 20.52 | No | Audit committee: NOAuditors: NO |
| Preferential IssuesMay 2025 | 95.52 | General Corporate purposes | 11.73 | 11.73 | No | Audit committee: NOAuditors: NO |