Latteys Industries logo

Latteys Industries MD, chairman, board of directors and AGM

NSE: LATTEYSIndustrial ProductsSmall Cap

Last close ₹19.83up ₹0.22 (1.12%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹19.61.

52-week range of traded prices to 23 Oct 2026
₹15.79Low, 30 Mar 2026₹37.00High, 24 Oct 2025
Market cap
₹114 Cr2,750th largest listed
P/E
27.3
P/B
4.8
Dividend yield
Nonein the last 12 months
ROE
18.9%
ROCE
15.4%
Debt to equity
0.91
Volume, NSE
49,10367.2% delivered

Latteys 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 directorKAPOOR CHAND GARG
  • Company Secretary and Compliance OfficerSONIKA JAIN

6 directors3 independent2 executive1 non-executive

  • KAPOOR CHAND GARG · Chairperson and managing directorExecutive · joined Apr 2013 · reappointed Sep 2025 · 1 listed board
  • PAWAN GARGExecutive · joined Apr 2013 · reappointed Sep 2025 · 1 listed board
  • SAROJ GARGNon-executive · joined Jul 2016 · 1 listed board · 1 committee seat
  • ASHISH KUMAR GUPTAIndependent · joined Oct 2020 · reappointed Sep 2025 · 71 months as independent · 1 listed board · 1 as independent · 1 committee seat, 3 as chair
  • PIYUSH PODDARIndependent · joined Aug 2021 · reappointed Sep 2026 · 61 months as independent · 1 listed board · 1 as independent
  • SACHIN GUPTAIndependent · joined Jan 2018 · reappointed Sep 2022 · 104 months as independent · 1 listed board · 1 as independent · 1 committee seat

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

    • 2 Sep 20266 of 6 present3 independent · 19 days in between
    • 13 Aug 20266 of 6 present3 independent · 9 days in between
    • 3 Aug 20266 of 6 present3 independent · 38 days in between
    • 25 Jun 20266 of 6 present3 independent · 33 days in between
    2 earlier meetings
    • 22 May 20266 of 6 present3 independent · 42 days in between
    • 9 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair ASHISH KUMAR GUPTA

    SAROJ GARG, SACHIN GUPTA

    • 13 Aug 20263 of 3 present2 independent · 11 days in between
    • 1 Aug 20263 of 3 present2 independent · 70 days in between
    • 22 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair ASHISH KUMAR GUPTA

    SAROJ GARG, SACHIN GUPTA

    • 13 Aug 20263 of 3 present2 independent · 11 days in between
    • 1 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair ASHISH KUMAR GUPTA

    SAROJ GARG, SACHIN GUPTA

    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.

  • PIYUSH J SHAH & COPeer-review certificate valid to Feb 2027
1 earlier auditor
  • Piyush J Shan & CoNamed 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.

Latteys 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.Latteys Industries share news and announcements

Annual general meeting, 30 Sep 2026

18,273 shareholders on the register on 23 Sep 2026; present: 12 promoters and 18,299 others; votes counted by NIMIT B SHAH / NIMIT B SHAH & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 71.74% · promoters 100.00% · other public 4.49%

  2. To appoint Mr. Pawan Garg (DIN : 00434836) Whole Time Director of the Company who retires by rotation and being eligible offer himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 71.74% · promoters 100.00% · other public 4.49%

  3. To ratify the remuneration payable to Cost Auditor M/s Priyank Patel & Associates
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 71.74% · promoters 100.00% · other public 4.49%

  4. To reappoint Mr Piyush Poddar (DIN : 09268033) as an Independent Director for the Second Term of the Company and not liable to retire by rotation
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 71.74% · promoters 100.00% · other public 4.49%

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 Sep 2025, 8 resolutions

19,290 shareholders on the register on 29 Aug 2025; present: 6 promoters and 19 others; votes counted by ASHISH SHETH / ASHISH SHETH & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  3. To appoint Mr. Kapoor Chand Garg (DIN : 00434621) Chairman & Managing Director of the Company who retires by rotation and being eligible offer himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  4. To consider and approve the appointment of M/s Pitroda Nayan & Co, Ahmedabad, as a Secretarial Auditors of the Company, for a period of 5 years commencing from F.Y. 2025-2026 till F.Y. 2029-2030, for conducting the Secretarial Audit of Company..MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  5. Ratification of Re-appointment of Chairman & Managing Director.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · other public 2.76%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  6. Ratification of Re-appointment of Pawan Garg (DIN: 00434836) as Whole Time Director of the Company.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · other public 2.76%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  7. To consider and approve the re-appointment of Shri Ashish Kumar Gupta (DIN No. : 01472111) as a Non- Executive Independent Director of the Company and in this regard, if thought fit, to pass the following resolution as a Special Resolution:MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

  8. Regularization of Mrs. Saroj Garg (DIN: 03564480) as a Director
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 71.05% · promoters 100.00% · other public 2.14%

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.

Extraordinary general meeting, 28 Oct 2024, 1 resolution

Present: 5 promoters and 31 others.The company's voting result (opens in a new tab)

  1. To Increase in Authorized Share Capital of The Company
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 75.07% · promoters 99.47% · institutions 0.00% · other public 12.04%

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 Sep 2024, 3 resolutions

Present: 4 promoters and 13 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 financial year ended 31st Morch,2024, together with the Report of the Board of Director annd Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.53% · promoters 99.47% · institutions 0.00% · other public 2.94%

  2. To appoint Mr. Pawan Garg (DIN : 00434836) who retires by rotation and being eligible offer himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.82%

    Turnout: all 72.53% · promoters 99.47% · institutions 0.00% · other public 2.94%

  3. To Appoint ol M/s Piyush I Shah & Co, Ahmedabad, Firm Registrotion No. 121172W as Statutory Auditor of the Company,;
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.53% · promoters 99.47% · institutions 0.00% · other public 2.94%

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.

Annual general meeting, 30 Sep 2023, 3 resolutions

Present: 5 promoters and 23 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statement of the company for the financial year ended on March 31, 2023 together with the Report of Board of Directors and Report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.97% · promoters 100.00% · institutions 0.00% · other public 24.66%

  2. To receive, consider and adopt the Audited Financial Statement of the company for the financial year ended on March 31, 2023 together with the Report of Board of Directors and Report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.97% · promoters 100.00% · institutions 0.00% · other public 24.66%

  3. To appoint Mr. Kapoor Chand Garg (DIN : 00434621) who retires by rotation and being eligible offer himself for re-appointment
    Special
    100.00% for0.00% against

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

    Turnout: all 78.97% · promoters 100.00% · institutions 0.00% · other public 24.66%

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, 30 Mar 2023, 1 resolution

Present: 6 promoters and 12 others.The company's voting result (opens in a new tab)

  1. To Amendment in object clause of MOA of the Company
    Special
    0.00% 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%

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, 27 Jan 2023, 2 resolutions

Present: 5 promoters and 12 others.The company's voting result (opens in a new tab)

  1. To Approval of Sub Division/Split of the Shares of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 82.78% · promoters 100.00% · institutions 0.00% · other public 38.32%

  2. To Alter the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 82.78% · promoters 100.00% · institutions 0.00% · other public 38.32%

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.

Postal ballot, 1 Dec 2022, 1 resolution

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

  1. Migration of equity shares of the Company from NSE Emerge (SME platform ofnNSE) to the Main Board of National Stock Exchange of India Limited.
    Special
    100.00% for0.00% against

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

    Turnout: all 78.59% · promoters 100.00% · institutions 0.00% · other public 21.83%

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

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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.