Maris Spinners MD, chairman, board of directors and AGM
BSE: 531503Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹37.60.
- Next results date: the board meets on 4 Nov 2026 to consider: quarterly results.
- 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.
- ₹29 Cr4,022nd 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 7 Aug 2026
- 10.9
- 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 28 May 2026
- 1.5
- 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 7 Aug 2026
- 13.7%
- 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 7 Aug 2026
- 6.8%
- 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 28 May 2026
- 3.61
- Volume, BSEVolume. Shares traded on the last trading day.
- 761
Maris Spinners 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
- Managing directorTHANGAVELU RAGHURAMAN
- ChairpersonSETHURAMAN KALYANARAMAN
- Company Secretary and Compliance OfficerSHANMUGA PRIYA BM
11 directors4 independent5 executive2 non-executive
- THANGAVELU RAGHURAMAN · Managing directorExecutive · joined Jul 2007 · 1 listed board
- THANGAVELU JAYARAMANNon-executive · joined Jun 1995 · 1 listed board · 1 committee seat
- HARIGOVINDExecutive · joined Nov 2016 · 1 listed board · 1 committee seat
- ADITHYA RAGHURAMANExecutive · joined Jun 2021 · 1 listed board · 1 committee seat
- ANANTHAKUMAR DHAMAYNATHINon-executive · joined May 2019 · 1 listed board · 1 committee seat
- PARAG HARKISHON UDANIIndependent · joined May 2019 · reappointed May 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SETHURAMAN KALYANARAMAN · ChairpersonIndependent · joined May 2019 · reappointed May 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SWAMINATHANIndependent · joined Jun 2019 · reappointed May 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- VISWANATHAN SUMATHIIndependent · joined Aug 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
- RAMALINGAM THANGAMARIAPPANExecutive · joined Aug 2025 · 1 listed board
- RAMASAMY SETHURAMAN GANAPPATHIExecutive · joined Aug 2025 · 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
- 7 Aug 20269 of 11 present3 independent · 70 days in between
- 28 May 202610 of 11 present1 independent
Audit Committee
Chair SETHURAMAN KALYANARAMAN
SWAMINATHAN, PARAG HARKISHON UDANI, VISWANATHAN SUMATHI
- 7 Aug 20265 of 6 present3 independent · 70 days in between
- 28 May 20266 of 6 present4 independent
Nomination and remuneration committee
Chair SWAMINATHAN
SETHURAMAN KALYANARAMAN, PARAG HARKISHON UDANI, VISWANATHAN SUMATHI
- 7 Aug 20264 of 6 present2 independent · 94 days in between
- 4 May 20264 of 6 present3 independent
Stakeholders Relationship Committee
Chair PARAG HARKISHON UDANI
SETHURAMAN KALYANARAMAN, SWAMINATHAN, VISWANATHAN SUMATHI
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 Jun 2026.
- RAGHAVAN, CHAUDHURI AND NARAYANANPeer-review certificate valid to Apr 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.
Maris Spinners 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.Maris Spinners dividend history
Annual general meeting, 20 Aug 2026
2,712 shareholders on the register on 13 Aug 2026; present: 17 promoters and 2,736 others; votes counted by V K SHANKARARAMANN / VKS & ASSOCIATES.The company's voting result (opens in a new tab)
Adoption of the Audited Balance Sheet of the Company as at 31st March, 2026, Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date, the report of the Auditors' thereon and the Directors' ReportMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.58% · promoters 83.75% · institutions 0.00% · other public 8.91%
- Appoint a director in the place of Mrs. Ananthakumar Dhamayanthi (DIN: 08461584), who retires by rotation and being eligible offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.58% · promoters 83.75% · institutions 0.00% · other public 8.91%
- Appoint a director in the place of Mr. A Harigovind (DIN: 06428975), who retires by rotation and being eligible offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.58% · promoters 83.75% · institutions 0.00% · other public 8.91%
Appointment of M/s A.Gopala Iyengar, Cost Accountants (Registration No. 4915) as the Cost Auditors of the Company for financial year commencing on 1st April 2026 and ending on 31st March 2027 to hold office from conclusion of this meeting until conclusion of next Annual General Meeting.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.58% · promoters 83.75% · institutions 0.00% · other public 8.91%
- Mr. T Raghuraman (DIN : 01722570) as Managing Director of the Company for a period of Three years commencing from 23-09-2026 and ending on 22-09-2029SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.96% · promoters 76.20% · institutions 0.00% · other public 8.91%
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.