M TEK COPPER MD, chairman, board of directors and AGM
NSE: MCLIndustrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹49.53.
- 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.
- ₹132 Cr2,477th 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.
- Earlier quarters restated in the year
- 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 27 May 2026
- 2.6
- 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
- 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
- 10.5%
- 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 27 May 2026
- 0.83
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 36,91055.0% delivered
M TEK COPPER 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
- ChairpersonNILESHBHAI NATUBHAI PATEL
- Managing directorROHITBHAI BHIKHABHAI CHAUHAN
- Company Secretary and Compliance OfficerCS SNEHA LANGALIYA
6 directors3 independent2 executive1 non-executive
- NILESHBHAI NATUBHAI PATEL · ChairpersonExecutive · joined Nov 2012 · reappointed Oct 2024 · 1 listed board · 1 committee seat, 1 as chair
- ROHITBHAI BHIKHABHAI CHAUHAN · Managing directorExecutive · joined Nov 2012 · reappointed Oct 2024 · 1 listed board
- CHINTAN NIRANJANBHAI BHADIYADRANon-executive · joined May 2026 · 1 listed board
- DINAL ASHOKBHAI LAKHANIIndependent · joined Jun 2020 · reappointed Jun 2025 · 76 months as independent · 1 listed board · 1 as independent · 2 committee seats
- JAYSUKH DABHIIndependent · joined May 2021 · reappointed May 2026 · 64 months as independent · 1 listed board · 1 as independent · 3 committee seats, 2 as chair
- DIPAKKUMAR GIRISHKUMAR PATELIndependent · joined Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 3 committee seats, 1 as chair
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.
2 directors who left
- DIVYA ARVINDBHAI MONPARA, left 17 Dec 2025: Others
- CHAITNYA BHANUBHAI DOSHI, left 29 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 Sep 20266 of 6 present3 independent · 44 days in between
- 12 Aug 20266 of 6 present3 independent · 76 days in between
- 27 May 20266 of 6 present3 independent · 5 days in between
- 21 May 20266 of 6 present3 independent · 1 day in between
1 earlier meeting
- 19 May 20265 of 5 present3 independent
Audit Committee
Chair JAYSUKH DABHI
NILESHBHAI NATUBHAI PATEL, DIPAKKUMAR GIRISHKUMAR PATEL
- 12 Aug 20263 of 3 present2 independent · 76 days in between
- 27 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair JAYSUKH DABHI
DINAL ASHOKBHAI LAKHANI, DIPAKKUMAR GIRISHKUMAR PATEL
- 19 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair DIPAKKUMAR GIRISHKUMAR PATEL
DINAL ASHOKBHAI LAKHANI, JAYSUKH DABHI
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.
- M/s P G Hemani & co.Peer-review certificate valid to Jun 2028
2 earlier auditors
- P G Hemani & coNamed in filings from Jun 2025 to Mar 2026
- NIRAV PATEL & CO.Named 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.
M TEK COPPER 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.M TEK COPPER share news and announcements
Annual general meeting, 25 Sep 2026
38,510 shareholders on the register on 18 Sep 2026; present: 7 promoters and 30 others; votes counted by MR. RANJIT KUMAR SINGH / M/S RANJIT & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements including Balance Sheet of the Company as at March 31, 2026 and the Statement of Profit and Loss and Cash flow statement for the financial year ended on March 31, 2026 together with Board of Directors’ and the Auditors’ Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.21% · promoters 99.98% · institutions 0.00% · other public 2.17%
- To appoint Mr. Rohit Bhikhabhai Chauhan (DIN: 06396973), Managing Director of the company who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 63.21% · promoters 99.98% · institutions 0.00% · other public 2.17%
- Appointment of M/s. M P Gohil & Co (Firm Registration No.: 160286W) as the Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 63.21% · promoters 99.98% · institutions 0.00% · other public 2.17%
- Appointment of M/s. M P Gohil & Co (Firm Registration No.:160286W) Chartered Accountants as the Statutory Auditors of the Company to fill the casual vacancyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 63.21% · promoters 99.98% · institutions 0.00% · other public 2.17%
- 5. To ratify the remuneration to M/s. Chetan Gandhi & Associates, Practicing Cost Accountants of the Company, for the financial year ending 31 March 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 63.21% · promoters 99.98% · institutions 0.00% · other public 2.17%
- Approval of Material Related Party Transactions with International Metal CorporationOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 18.12% · promoters 27.73% · institutions 0.00% · other public 2.17%
- Approval of Material Related Party Transactions with Maruti IndustriesOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 16.79% · promoters 25.60% · institutions 0.00% · other public 2.17%
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.
Postal ballot, 11 Aug 2026, 2 resolutions
38,420 shareholders on the register on 3 Jul 2026; votes counted by MR. RANJIT KUMAR SINGH / M/S RANJIT & ASSOCIATES.The company's voting result (opens in a new tab)
- To consider and approve Re-Appointment of Mr. Jaysukh Bhanabhai Dabhi (DIN: 09177201) as a Non-Executive Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 65.96% · promoters 99.97% · institutions 0.00% · other public 2.22%
- Appointment of Mr. Chintan Bhadiyadra (DIN: 11729188) as Non-Executive Non-Independent DirectorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.94%
Turnout: all 65.96% · promoters 99.97% · institutions 0.00% · other public 2.22%
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, 19 Apr 2026, 1 resolution
41,231 shareholders on the register on 13 Mar 2026; votes counted by MR. RANJIT KUMAR SINGH / M/S RANJIT & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve change of name of the Company and consequent alteration in the Memorandum of Association and Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 66.01% · promoters 99.98% · institutions 0.00% · other public 2.34%
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, 25 Sep 2025, 10 resolutions
17,255 shareholders on the register on 18 Sep 2025; present: 7 promoters and 29 others; votes counted by MR. RANJIT KUMAR SINGH / M/S RANJIT & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements including Audited Balance Sheet of the Company as at March 31, 2025 and the Statement of Profit and Loss and Cash flow statement for the financial year ended on March 31, 2025 together with Board of Directors’ and the Auditors’ Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- To appoint Mr. Nilesh Natubhai Patel (DIN: 05319890), Chairman & Whole-Time Director of the company who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- Appointment of Statutory Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- Appointment of Statutory Auditor to fill Casual VacancyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- Appointment of Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- To ratify the remuneration to M/s. Chetan Gandhi & Associates, Practicing Cost Accountants of the Company, for the financial year ending 31 March 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- Appointment of Mr. Dipakkumar Girishkumar Patel (DIN: 11237410) as an Independent Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 67.42% · promoters 99.99% · institutions 0.00% · other public 3.22%
- Approval of Material Related Party Transactions with Madhav SteelsOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 47.45% · promoters 70.00% · institutions 0.00% · other public 3.01%
- Approval of Material Related Party Transactions with Madhav Industrial CorporationOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 47.45% · promoters 70.00% · institutions 0.00% · other public 3.01%
- Approval of Material Related Party Transactions with International Metal CorporationOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 47.52% · promoters 70.00% · institutions 0.00% · other public 3.22%
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, 25 May 2025, 1 resolution
16,216 shareholders on the register on 18 Apr 2025; votes counted by MR. RANJIT KUMAR SINGH / M/S RANJIT & ASSOCIATES.The company's voting result (opens in a new tab)
- Approval for the Re-Appointment of Mrs. Dinal Ashokbhai Lakhani (DIN: 08753875) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.01% · promoters 99.97% · institutions 0.00% · other public 5.03%
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, 20 Jan 2025, 6 resolutions
17,195 shareholders on the register on 13 Dec 2024; votes counted by MR. RANJIT KUMAR SINGH / M/S RANJIT & ASSOCIATES.The company's voting result (opens in a new tab)
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MR. NILESH NATUBHAI PATELOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 48.08% · promoters 69.98% · institutions 0.00% · other public 4.92%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MADHAV STEELS (MADHAV STEELS SHIP BREAKING).OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 47.96% · promoters 69.98% · institutions 0.00% · other public 4.58%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MR. NILESH NATUBHAI PATELOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 48.08% · promoters 69.98% · institutions 0.00% · other public 4.92%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MR. ROHIT BHIKHABHAI CHAUHANOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 41.44% · promoters 59.98% · institutions 0.00% · other public 4.92%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MR. KAMLESH BHAKTIBHAI SOLANKIOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 67.97% · promoters 99.97% · institutions 0.00% · other public 4.92%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MRS. SNEHA PARTH LANGALIYAOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 67.97% · promoters 99.97% · institutions 0.00% · other public 4.92%
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, 27 Sep 2024, 3 resolutions
Present: 7 promoters and 34 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Financial Statements including Audited Balance Sheet of the Company as at March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 69.33% · promoters 99.97% · institutions 0.00% · other public 8.94%
- To appoint Mr. Divya Monpara (DIN: 06396970), Non-Executive Director of the company who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 69.33% · promoters 99.97% · institutions 0.00% · other public 8.94%
- Remuneration to the Cost Auditors for the financial year 2022-23:Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 69.33% · promoters 99.97% · institutions 0.00% · other public 8.94%
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.
Postal ballot, 27 Jul 2024, 5 resolutions
The company's voting result (opens in a new tab)
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH MADHAV STEELS''Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 49.34% · promoters 69.98% · institutions 0.00% · other public 8.68%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH “MADHAV INDUSTRIAL CORPORATION”.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 49.34% · promoters 69.98% · institutions 0.00% · other public 8.68%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS WITH “INTERNATIONAL METAL CORPORATION”.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 49.34% · promoters 69.98% · institutions 0.00% · other public 8.68%
- RE-APPOINTMENT OF MR. ROHIT BHIKHABHAI CHAUHAN (DIN: 06396973) AS MANAGING DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 49.34% · promoters 69.98% · institutions 0.00% · other public 8.68%
- RE-APPOINTMENT OF MR. NILESH NATUBHAI PATEL (DIN: 05319890) AS WHOLE-TIME DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 49.34% · promoters 69.98% · institutions 0.00% · other public 8.68%
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.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltySecurities and Exchnage Board if IndiaSince 28 Jul 2026
Adjudication order passed by Audjudicating auhtority
non-compliance with the provisions of Delayed disclosure of material events and developments under Relation 30 of SEBI (LODR), 2015 - Fine or penaltyNational stock Exchange of IndiaSince 8 Jul 2026
Rejection of Waiver Applications and Payment of Penalty
non-compliance under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations - Tax disputeIncome Tax DepartmentSince 24 Mar 2025Order for upheld 270A Demand by CIT APPEAL on 20.04.2026 and have filed ITAT against the order on 29.06.2026.At the filing before: Order under section 270A of the Income Tax Act 1961
- Tax disputeSecurities and Exchange Board of IndiaSince 27 Feb 2025
Adjudication order passed by Audjudicating auhtority dated 28.07.2026 for monetory penlaty imposed Rs. 10,00,000/-. After that company have paid penalty on 09/09/2026. Now case is resolved and there is no pending matter against this litigation.MoreLess
At the filing before: Show Cause Notice received from SEBI regarding disclosure under Regulation 30 of SEBI (LODR) 2015 - Tax disputeIncome Tax DepartmentSince 31 Mar 2025The department has issued the notice 13.08.2026 for Scrutiny assessment and we we have filed objection for it.At the filing before: Notice under sub-section (1)of section 148A of the Income-tax Act, 1961
- Tax disputeGST DepartmentSince 30 May 2025Appeal filed on 21.03.2026 against the order DRC-07At the filing before: Intimation order DRC 01A under Section 73(5) and 74(5)
- Tax disputeGST DepartmentSince 27 Jun 2025Appeal filed on 10.03.2026 against the order DRC- 07At the filing before: Intimation order DRC 01A dated June 27, 2025 under Section 74 of the GST Act, 2017
In the company's own words, from its latest governance filing.
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
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.