Ludlow Jute & Specialities MD, chairman, board of directors and AGM
BSE: 526179Paper, Forest & Jute ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹282.85.
- 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.
- ₹296 Cr2,176th 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 12 Aug 2026
- 16.4
- 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 13 Jul 2026
- 1.6
- 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
- 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 12 Aug 2026
- 10.2%
- 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 12 Aug 2026
- 9.7%
- 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 13 Jul 2026
- 1.15
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,992
Ludlow Jute & Specialities 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
- ChairpersonAnand Agarwal
- Managing directorAshish Chandrakant Agrawal
5 directors2 independent1 executive2 non-executive
- Anand Agarwal · ChairpersonIndependent · joined Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Parimal Gunvantrai AjmeraIndependent · joined Oct 2024 · 20 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Sanjay Kumar AgarwalNon-executive · joined Sep 2024 · 1 listed board · 1 committee seat, 1 as chair
- Sruti SukulNon-executive · joined Oct 2024 · 1 listed board · 1 committee seat
- Ashish Chandrakant Agrawal · Managing directorExecutive · joined Jun 2023 · 1 listed board · 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
- 13 Jun 20264 of 5 present2 independent · 18 days in between
- 25 May 20265 of 5 present2 independent · 102 days in between
- 11 Feb 20264 of 5 present2 independent
Audit Committee
Chair Anand Agarwal
Parimal Gunvantrai Ajmera, Sanjay Kumar Agarwal
- 25 May 20263 of 3 present2 independent · 102 days in between
- 11 Feb 20262 of 3 present2 independent
Nomination and remuneration committee
Chair Parimal Gunvantrai Ajmera
Anand Agarwal, Sanjay Kumar Agarwal
- 13 Jun 20263 of 3 present2 independent · 18 days in between
Stakeholders Relationship Committee
Chair Sanjay Kumar Agarwal
Ashish Chandrakant Agrawal, Anand Agarwal, Sruti Sukul
- 11 Feb 20263 of 4 present1 independent
Corporate Social Responsibility Committee
Chair Sanjay Kumar Agarwal
Ashish Chandrakant Agrawal, Anand Agarwal, Sruti Sukul
No meeting listed in the filing.
Finance Committee
Chair Ashish Chandrakant Agrawal
Anand Agarwal, Parimal Gunvantrai Ajmera
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.
Ludlow Jute & Specialities 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.Ludlow Jute & Specialities dividend history
Annual general meeting, 11 Sep 2026
7,722 shareholders on the register on 4 Sep 2026; present: 1 promoter and 120 others; votes counted by SACHIN PILANIA / SACHIN PILANIA.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.42% · promoters 100.00% · institutions 0.00% · other public 28.09%
- To appoint a director in place of Ms. Sruti Sukul (DIN: 10794840), who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.42% · promoters 100.00% · institutions 0.00% · other public 28.09%
- Re-appointment of Mr. Ashish Chandrakant Agrawal as Managing DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.42% · promoters 100.00% · institutions 0.00% · other public 28.09%
- Amendment of Articles of Association of the CompanySpecial90.09% for9.91% against
Against: promoters 0.00% · institutions 0.00% · other public 82.22%
Turnout: all 76.42% · promoters 100.00% · institutions 0.00% · other public 28.09%
- Appointment of Mr. Awanti Kumar Kankaria as Chairman EmeritusSpecialNot passedPromoters have an interest in it17.78% for82.22% against
Against: promoters 0.00% · institutions 0.00% · other public 82.22%
Turnout: all 9.21% · promoters 0.00% · institutions 0.00% · other public 28.09%
- Remuneration to Cost Auditors for Financial Year 2026-2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.42% · promoters 100.00% · institutions 0.00% · other public 28.09%
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.
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.