Lagnam Spintex MD, chairman, board of directors and AGM
NSE: LAGNAMTextiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹98.01.
- Under NSE's short-term additional surveillance, stage I, on the list for 23 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.
- ₹159 Cr2,711th 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 17 Oct 2026
- 6.1
- 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 17 Oct 2026
- 1.1
- 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
- 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 17 Oct 2026
- 19.1%
- 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 17 Oct 2026
- 12.1%
- 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 Sep 2026. The filing of 17 Oct 2026
- 2.72
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 80,31546.8% delivered
Lagnam Spintex 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
- ChairpersonDWARKA PRASAD MANGALRelated to the promoter
- Managing directorANAND MANGAL
- Company Secretary and Compliance OfficerMr. Rajeev Parashar
7 directors4 independent3 executive
- DWARKA PRASAD MANGAL · ChairpersonExecutive · joined Jun 2010 · reappointed Apr 2025 · 1 listed board · 1 committee seat
- ANAND MANGAL · Managing directorExecutive · joined Jun 2010 · reappointed Apr 2023 · 1 listed board · 1 committee seat
- SHUBH MANGALExecutive · joined Mar 2013 · reappointed Feb 2023 · 1 listed board
- JAGDISH CHANDRA LADDHAIndependent · joined Feb 2018 · reappointed Feb 2023 · 103 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 3 as chair
- ANIL SHAHIndependent · joined Feb 2018 · reappointed Feb 2023 · 103 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- VIJAY SINGH BAPNAIndependent · joined Dec 2017 · reappointed Sep 2024 · 84 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
- DIPALI MATHURIndependent · joined Feb 2018 · reappointed Feb 2023 · 103 months as independent · 1 listed board · 1 as independent
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
- 30 Jul 20266 of 7 present3 independent · 82 days in between
- 8 May 20266 of 7 present3 independent
Audit Committee
Chair JAGDISH CHANDRA LADDHA
ANIL SHAH, VIJAY SINGH BAPNA, DWARKA PRASAD MANGAL
- 30 Jul 20264 of 4 present3 independent · 82 days in between
- 8 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair JAGDISH CHANDRA LADDHA
ANIL SHAH, VIJAY SINGH BAPNA
- 8 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair ANIL SHAH
VIJAY SINGH BAPNA, ANAND MANGAL
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair JAGDISH CHANDRA LADDHA
DWARKA PRASAD MANGAL, VIJAY SINGH BAPNA
- 8 May 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.
- A L CHECHANI AND COPeer-review certificate valid to Sep 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.
Lagnam Spintex 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.Lagnam Spintex dividend history
Annual general meeting, 27 Aug 2026
5,327 shareholders on the register on 20 Aug 2026; present: 5 promoters and 40 others; votes counted by Sanjay Somani / M/s. Sanjay Somani & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the year 2025-26 ended 31st March 2026, together with the Report of the Board of Directors and the Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.18% · promoters 100.00% · institutions 0.00% · other public 14.85%
- To appoint Director in place of Sh. D. P. Mangal (DIN: 01205208) who is liable to retire by rotation and is being eligible, offer himself 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 73.18% · promoters 100.00% · institutions 0.00% · other public 14.85%
- To Ratification of Remuneration of Cost Auditors M/s. N. D. Birla & Co. for the Financial Year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.18% · promoters 100.00% · institutions 0.00% · other public 14.85%
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, 23 Jul 2025, 6 resolutions
6,013 shareholders on the register on 16 Jul 2025; present: 4 promoters and 60 others; votes counted by SANJAY SOMANI / SANJAY SOMANI & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the year 2024-25 ended 31st March 2025, together with the Report of the Board of Directors and the Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 21.33%
- To appoint Director in place of Sh. Shubh Mangal (DIN: 01287935) who is liable to retire by rotation and is being eligible, offer himself for re- appointment.OrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 21.33%
- Ratification of Remuneration of Cost Auditors M/s. N. D. Birla & Co. for the Financial Year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 21.33%
To consider and approve the continuation of remuneration to Mr. Anand Mangal, Managing Director (DIN: 03113542) of the Company, for the period from 01.04.2026 to 31.03.2028, of his current tenure of appointmentMoreLess
SpecialPromoters have an interest in it99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 21.33%
To consider and approve the continuation of remuneration to Mr. Shubh Mangal, Executive Director (DIN: 01287935) of the Company, for the period from 21.02.2026 to 20.02.2028, of his current tenure of appointmentMoreLess
SpecialPromoters have an interest in it99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 21.33%
- To appoint M/s. Sanjay Somani & Associates as a Secretarial Auditors of the Company for a term of 5 consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.22% · promoters 100.00% · institutions 0.00% · other public 21.33%
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 Jul 2024, 7 resolutions
Present: 6 promoters and 48 others.The company's voting result (opens in a new tab)
1.tTo receive, consider and adopt the Audited Financial Statements of the Company for the year 2023-24 ended 31st March 2024, together with the Report of the Board of Directors and the Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
- 2.tTo declare Final Dividend of Rs. 0.50/- per Equity Shares for the financial year ended 31st March, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
- 3.tTo appoint Director in place of Sh. D. P. Mangal (DIN: 01205208) who is liable to retire by rotation and is being eligible, offer himself 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 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
- 4.tTo appoint Statutory Auditors and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
- 5.tRatification of Remuneration of Cost Auditors M/s. N. D. Birla & Co. for the Financial Year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
- 6.tTo re-appoint Sh. D. P. Mangal (DIN: 01205208), as Whole Time Director, designated as ¿Executive Chairman¿SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
- 7.tTo re-appoint Mr. Vijay Singh Bapna (DIN: 002599024) as a Non-Executive Independent Director of the Company for a second term of 5 consecutive years w.e.f. 09.09.2024Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.73% · promoters 90.56% · institutions 0.00% · other public 18.09%
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, 28 Jul 2023, 5 resolutions
Present: 5 promoters and 36 others.The company's voting result (opens in a new tab)
1.tTo receive, consider and adopt the Audited Financial Statements of the Company for the year 2022-23 ended 31st March 2023, together with the Report of the Board of Directors and the Statutory Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.84% · promoters 90.56% · institutions 0.00% · other public 8.90%
- 2.tTo appoint Director in place of Sh. Shubh Mangal (DIN: 01287935) who is liable to retire by rotation and is being eligible, offer himself for re- appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.84% · promoters 90.56% · institutions 0.00% · other public 8.90%
- 3.tRatification of Remuneration of Cost Auditors M/s. N. D. Birla & Co. for the Financial Year 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.84% · promoters 90.56% · institutions 0.00% · other public 8.90%
- 4.tTo consider and approve the payment of remuneration to Mr. D. P. Mangal (DIN: 01205208), Executive Chairman of the Company for the period w.e.f 03.02.2024 to 31.03.2025 of his present tenureSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.84% · promoters 90.56% · institutions 0.00% · other public 8.90%
5.tTo consider and approve, continuation of the present term of Mr. Vijay Singh Bapna (DIN: 02599024) as an Independent Director, who shall attain the age of 75 (Seventy-Five) years on 28th August, 2023MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.84% · promoters 90.56% · institutions 0.00% · other public 8.90%
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, 23 Jul 2021, 5 resolutions
Present: 6 promoters and 6 others.The company's voting result (opens in a new tab)
1.¿¿¿¿¿¿ To receive, consider and adopt the Audited Financial Statements of the Company for the year 2020-21 ended 31st March 2021, comprising of the Balance Sheet as at 31st March 2021, Statement of Profit & Loss and Statement of Cash Flow for the year 2020-21 ended 31st March 2021, together with the Report of the Statutory Auditors and Board's Report thereon.MoreLess
Ordinary0.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%
- To declare a dividend of Rs. 0.50/- per equity share for the financial year ended 31st March, 2021Ordinary0.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%
- To appoint Director in place of Sh. Shubh Mangal (DIN: 01287935) who is liable to retire by rotation and is being eligible, offer himself for re- appointmentOrdinaryPromoters have an interest in it0.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%
- 1.¿¿¿¿¿¿ Ratification of Remuneration of Cost Auditors for the Financial Year 2021-22Ordinary0.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%
- To re-appoint Sh. D. P. Mangal (DIN: 01205208), as Whole Time Director, designated as ¿Executive ChairmanSpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.64%
Turnout: all 62.18% · promoters 91.68% · institutions 0.00% · other public 3.11%
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, 13 Jul 2021, 1 resolution
The company's voting result (opens in a new tab)
- 1. MIGRATION OF LISTING/TRADING OF EQUITY SHARES OF THE COMPANY FROM SME PLATFORM (EMERGE) OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) TO MAIN BOARD OF NSESpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 15.53% · promoters 0.00% · institutions 0.00% · other public 46.64%
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 DepartmentSince 28 Mar 2019Appeal is pending with CIT(AAt the filing before: Demand of Rs. 29.12 Lacs is pending with AO for AY 2012-13. Inculding interest the said amount is. Rs. 55.52 Lacs.
- Tax disputeCommercial Taxes Department GSTSince 31 Jan 2024Appeal is pending with Additional Commissioner Appeal.At the filing before: Demand of Rs. 94.72 Lacs (Including Interest) is raised for FY 2018-19. Relevant documents have produced before the department and appeal filed with Additional Commissioner Appeal, Ajmer.
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
- 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.