Lotus Chocolate Company MD, chairman, board of directors and AGM
NSE: LOTUSCHOBSE: 523475Food ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹512.35.
- 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.
- ₹627 Cr1,518th 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.
- Lossover the last 12 months
- 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 8 Oct 2026
- 11.2
- 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 8 Oct 2026
- −13.5%
- 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 8 Oct 2026
- −46.0%
- 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 8 Oct 2026
- 1.46
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,12559.0% delivered
Lotus Chocolate Company 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
- ChairpersonJain Dipak Chand
- Company Secretary and Compliance OfficerUtsav Saini
9 directors3 independent1 executive5 non-executive
- Jain Dipak Chand · ChairpersonIndependent · joined May 2023 · 37 months as independent · 2 listed boards · 2 as independent · 7 committee seats, 2 as chair
- Krishnan SudarshanIndependent · joined May 2023 · 37 months as independent · 3 listed boards · 2 as independent · 8 committee seats
- Riddhi BhimaniIndependent · joined Nov 2024 · 19 months as independent · 3 listed boards · 3 as independent · 9 committee seats, 1 as chair
- Ketan Pravin ModyNon-executive · joined May 2023 · 1 listed board · 2 committee seats, 1 as chair
- Asim Bhupatrai ParekhNon-executive · joined Jan 2024 · 1 listed board
- Abhijeet PaiNon-executive · joined Jan 2025 · 1 listed board
- Aditya PaiNon-executive · joined Jan 2025 · 1 listed board
- Natarajan Mayuram VenkataramanExecutive · joined Jul 2025 · 1 listed board · 1 committee seat
- Mohammed RafathullahNon-executive · joined Feb 2026 · 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.
4 directors who left
- Krishnakumar Thirumalai, left 27 Feb 2026: Others
- Renuka Shastry, left 10 Jul 2025: Others
- Bharathan Rajagopalan Thatai, left 25 Nov 2024: Tenure Completion
- Dinesh Taluja, left 25 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 May 20269 of 9 present3 independent · 28 days in between
- 15 Apr 20269 of 9 present3 independent · 92 days in between
- 12 Jan 20268 of 9 present3 independent
Audit Committee
Chair Jain Dipak Chand
Krishnan Sudarshan, Ketan Pravin Mody
- 14 May 20263 of 3 present2 independent · 28 days in between
- 15 Apr 20263 of 3 present2 independent · 19 days in between
- 26 Mar 20263 of 3 present2 independent · 72 days in between
- 12 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Krishnan Sudarshan
Jain Dipak Chand, Ketan Pravin Mody
- 14 May 20263 of 3 present2 independent · 28 days in between
- 15 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Ketan Pravin Mody
Jain Dipak Chand, Natarajan Mayuram Venkataraman
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Jain Dipak Chand
Krishnan Sudarshan, Ketan Pravin Mody
- 15 Apr 20263 of 3 present2 independent · 92 days in between
- 12 Jan 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 Sep 2026.
- Deloitte, Haskins & Sells 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.
Lotus Chocolate Company 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.Lotus Chocolate Company share news and announcements
Annual general meeting, 25 Sep 2026
22,403 shareholders on the register on 18 Sep 2026; present: 7 promoters and 85 others; votes counted by Anil Lohia / Dayal and Lohia.The company's voting result (opens in a new tab)
- To consider and adopt the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of Board of Directors and Auditors thereonOrdinary99.69% for0.31% against
Against: promoters 0.00% · institutions 0.00% · other public 3.75%
Turnout: all 75.19% · promoters 95.60% · institutions 0.00% · other public 22.57%
- To appoint Mr. Abhijeet Pai (DIN: 02100465), who retires by rotation as DirectorOrdinary99.69% for0.31% against
Against: promoters 0.00% · institutions 0.00% · other public 3.75%
Turnout: all 75.19% · promoters 95.60% · institutions 0.00% · other public 22.57%
- To appoint Mr. Aditya Pai (DIN: 07538946), who retires by rotation as DirectorOrdinary99.69% for0.31% against
Against: promoters 0.00% · institutions 0.00% · other public 3.75%
Turnout: all 75.19% · promoters 95.60% · institutions 0.00% · other public 22.57%
- To approve material related party transactions of the CompanyOrdinaryPromoters have an interest in it96.25% for3.75% against
Against: promoters 0.00% · institutions 0.00% · other public 3.75%
Turnout: all 6.30% · promoters 0.00% · institutions 0.00% · other public 22.57%
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.