Mangalam Organics MD, chairman, board of directors and AGM
NSE: MANORGBSE: 514418Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹475.30.
- 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.
- ₹401 Cr1,972nd 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 28 Jul 2026
- 19.3
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹3.51 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 16.5
- 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 29 May 2026
- 1.3
- 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 28 Jul 2026
- 6.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹3.51 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 7.9%
- 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 28 Jul 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 29 May 2026
- 1.12
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 13,04161.5% delivered
Mangalam Organics 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
- ChairpersonKAMALKUMAR DUJODWALARelated to the promoter
- Managing directorPANNKAJ DUJODWALA
- Company Secretary and Compliance OfficerCharmi Shah
7 directors4 independent3 executive
- KAMALKUMAR DUJODWALA · ChairpersonExecutive · joined Jul 1981 · reappointed Nov 2025 · 1 listed board · 2 committee seats
- PANNKAJ DUJODWALA · Managing directorExecutive · joined Jun 1987 · reappointed Sep 2025 · 1 listed board
- MANISHA AGARWALIndependent · joined Mar 2020 · reappointed Sep 2025 · 75 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SANJAY BHIVA KADAMIndependent · joined Dec 2022 · reappointed Dec 2022 · 42 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SIDHARATH SINGH SEKHONIndependent · joined Dec 2022 · reappointed Dec 2022 · 42 months as independent · 1 listed board · 1 as independent
- SUDARSHAN KUMAR SARAFIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 2 listed boards · 1 as independent · 1 committee seat, 1 as chair
- MAHESH LAHURAO NAVATHARExecutive · joined Feb 2025 · reappointed Mar 2025 · 16 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Jun 20267 of 7 present4 independent · 24 days in between
- 29 May 20267 of 7 present4 independent · 21 days in between
- 7 May 20267 of 7 present4 independent · 83 days in between
- 12 Feb 20267 of 7 present4 independent
Audit Committee
Chair MANISHA AGARWAL
SANJAY BHIVA KADAM, KAMALKUMAR DUJODWALA
- 23 Jun 20263 of 3 present2 independent · 24 days in between
- 29 May 20263 of 3 present2 independent · 21 days in between
- 7 May 20263 of 3 present2 independent · 83 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair MANISHA AGARWAL
SANJAY BHIVA KADAM, SIDHARATH SINGH SEKHON
- 23 Jun 20263 of 3 present3 independent · 24 days in between
- 29 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair MANISHA AGARWAL
SANJAY BHIVA KADAM, KAMALKUMAR DUJODWALA
- 29 May 20263 of 3 present2 independent · 105 days in between
- 12 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair MANISHA AGARWAL
SANJAY BHIVA KADAM, KAMALKUMAR DUJODWALA
- 12 Feb 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 Jun 2026.
- NGST & AssociatesPeer-review certificate valid to Aug 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.
Mangalam Organics 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.Mangalam Organics dividend history
Annual general meeting, 24 Sep 2026
14,874 shareholders on the register on 17 Sep 2026; present: 8 promoters and 46 others; votes counted by YOGESH SHARMA / M/S YOGESH SHARMA & CO.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
- To appoint a director in place of Mr. Kamalkumar Dujodwala (DIN: 00546281), who retires by rotation and being eligible, seeks re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2026-27 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
- To approve existing as well as new material related party transactions with the Mangalam Brands Private Limited, the Material Unlisted Subsidiary of the Company for the financial year 2026-27OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 2.54% · promoters 0.00% · institutions 0.00% · other public 6.17%
- To approve Borrowing powers of the Company U/s 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
- Approval under Section 180(1)(a) of the Companies Act, 2013 for Creation of Charge, Mortgage and/or Hypothecation on the Assets of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
- Approval for Increase in Limits of Investments, Loans, Guarantees and Securities under Section 186 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
- Appointment of M/s JMT & Associates, Chartered Accountants (Firm Registration No. 104167W), as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.19% · promoters 100.00% · institutions 0.00% · other public 6.17%
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 Sep 2025, 8 resolutions
16,772 shareholders on the register on 9 Sep 2025; present: 8 promoters and 44 others; votes counted by YOGESH M SHARMA / M/S YOGESH SHARMA & CO.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
- To appoint a director in place of Mr. Pannkaj Dujodwala (DIN: 00546353), who retires by rotation and being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2025-26 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
To appoint M/s Yogesh Sharma & Co., Company Secretaries (Membership no. FCS 11305 & COP No. 12366 & Peer Review Certificate No.: 1583/2021), as the Secretarial Auditor of the Company for a term of five consecutive years, commencing from Financial Year 2025-26 till Financial Year 2029-30.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
- To approve existing as well as new material related party transactions with the Mangalam Brands Private Limited, the Material Unlisted Subsidiary of the Company for the financial year 2025-26OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.67% · promoters 0.00% · institutions 0.00% · other public 4.44%
- Re-Appointment of Mrs. Manisha Agarwal (DIN: 00441841) as Woman Independent Director for the Second Term of Five YearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
- Re-Appointment of Mr. Pannkaj Dujodwala (DIN: 00546353) as a Managing Director of the Company for a further period of Five years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
- Re-Appointment of Mr. Kamalkumar Dujodwala (DIN: 00546281) as a Whole Time Executive Director Designated as Executive Chairman of the Company for a further period of Five years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.32% · promoters 100.00% · institutions 0.00% · other public 4.44%
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, 22 Mar 2025, 1 resolution
14,943 shareholders on the register on 14 Feb 2025; votes counted by YOGESH M. SHARMA / M/s. Yogesh Sharma & Co.The company's voting result (opens in a new tab)
- Approval for the Appointment and Remuneration of Mr. Mahesh Lahurao Navathar (DIN: 10936585) as the Executive Director - Works of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.72% · promoters 100.00% · institutions 0.00% · other public 0.18%
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, 14 Sep 2024, 8 resolutions
Present: 8 promoters and 49 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
- To appoint a Director in place of Mr. Kamalkumar Dujodwala (DIN: 00546281), who retires by rotation and being eligible, seeks re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2024-25 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
- To approve existing as well as new material related party transactions with the Mangalam Brands Private Limited, the Material Unlisted Subsidiary of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
- To approve Borrowing powers of the Company U/s 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
- Appointment of Mr. Sudarshan Kumar Saraf (DIN: 00035799) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
- Approval for waiver of excess managerial remuneration paid to Mr. Pannkaj Dujodwala, Managing and Whole Time Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
- Approval For Remuneration of Mr. Pannkaj DujodwalaSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.52% · promoters 100.00% · institutions 0.00% · other public 2.19%
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, 29 Sep 2023, 3 resolutions
Present: 3 promoters and 36 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2023 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.02% · promoters 100.00% · institutions 0.00% · other public 11.33%
- To appoint a Director in place of Mr. Pannkaj Dujodwala (DIN: 00546353), who retires by rotation and being eligible, seeks re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 60.02% · promoters 100.00% · institutions 0.00% · other public 11.33%
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2023-24 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.02% · promoters 100.00% · institutions 0.00% · other public 11.33%
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.
Postal ballot, 12 Feb 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Sanjay Bhiva Kadam (DIN: 09826377) as an Independent Director of the Company to hold office for a term upto 5 (Five) consecutive years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.11% · promoters 100.00% · institutions 0.00% · other public 11.54%
- Appointment of Mr. Sidharath Singh Sekhon, (DIN: 01983046) as an Independent Director of the Company to hold office for a term upto 5 (Five) consecutive years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.11% · promoters 100.00% · institutions 0.00% · other public 11.54%
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 Sep 2022, 6 resolutions
Present: 8 promoters and 43 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements for the Financial Year ended March 31, 2022 together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.23% · promoters 100.00% · institutions 0.00% · other public 11.79%
- To declare dividend on Equity Shares for the Financial Year ended March 31, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 60.23% · promoters 100.00% · institutions 0.00% · other public 11.79%
- To appoint a Director in place of Mr. Kamalkumar Dujodwala (DIN: 00546281), who retires by rotation and being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.23% · promoters 100.00% · institutions 0.00% · other public 11.79%
- To ratify the Remuneration of M/s. NKJ & Associates, Cost Accountants.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 60.23% · promoters 100.00% · institutions 0.00% · other public 11.79%
- To approve the variation of terms of appointment of Mr. Kamalkumar DujodwalaSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.23% · promoters 100.00% · institutions 0.00% · other public 11.79%
- To make loans or investments in excess of limit prescribed in section 186 of Companies Act, 2013 subject to a maximum limit of Rs. 1000 CroreSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 60.23% · promoters 100.00% · institutions 0.00% · other public 11.79%
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, 21 Jun 2022, 5 resolutions
The company's voting result (opens in a new tab)
- To approve Mangalam Employee Stock Option Plan 2022Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 55.81% · promoters 100.00% · institutions 0.00% · other public 2.00%
- To extend approval of ‘Mangalam Employee Stock Option Plan 2022’ to the employees of Holding Company, Associate Company(ies), Group Company(ies) and its Subsidiary Company (ies) [present and future]Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 55.81% · promoters 100.00% · institutions 0.00% · other public 2.00%
- To approve continuation of Directorship of Mr. Sharad Kumar SarafSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 55.81% · promoters 100.00% · institutions 0.00% · other public 2.01%
- To approve Re-appointment of Mr. Shree Narayan Baheti for second term of 5 (Five) years, as Non-Executive Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 55.81% · promoters 100.00% · institutions 0.00% · other public 2.01%
- To alter existing Clause III A, Main object clause, of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 55.81% · promoters 100.00% · institutions 0.00% · other public 2.00%
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.
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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.