Medicamen Organics logo

Medicamen Organics MD, chairman, board of directors and AGM

NSE: MEDIORGPharmaceuticals & Biotechnology

Last close ₹24.55down ₹0.90 (3.54%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹25.45.

52-week range of traded prices to 23 Oct 2026
₹19.10Low, 12 Jun 2026₹38.00High, 23 Oct 2025
Market cap
₹37 Cr
P/E
Lossover the last 12 months
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
−13.7%
Debt to equity
0.50
Volume, NSE
2,000100.0% delivered

Medicamen Organics 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

    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.

    Statutory auditor

    Named in the results for the quarter to Mar 2026.

    • N C RAJ & ASSOCIATESPeer-review certificate valid to Feb 2026

    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.

    Medicamen 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.Medicamen Organics share news and announcements

    Annual general meeting, 25 Sep 2026

    460 shareholders on the register on 18 Sep 2026; present: 2 promoters and 12 others; votes counted by Divya Rani / M/s Divya Rani & Associates.The company's voting result (opens in a new tab)

    1. To consider and adopt the Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended on March 31, 2026, comprising of the Balance Sheet as at March 31, 2026, Statement of Profit & Loss for the year ended on that date, Cash Flow Statement and Statement of changes in Equity for the financial year ended on March 31, 2026, along with the explanatory notes annexed thereto and forming part of the aforesaid documents and the reports of the Board of Directors and the Auditors thereon.MoreLess
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 60.04% · promoters 100.00% · institutions 0.00% · other public 11.43%

    2. To re-appoint Mr. Ashutosh Gupta (DIN: 00039995), who retires by rotation, and, being eligible, offers himself for re-appointment as Director.
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 60.04% · promoters 100.00% · institutions 0.00% · other public 11.43%

    3. To approve the re-appointment of Secretarial Auditors of the Company for the financial year 2026-27
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 60.04% · promoters 100.00% · institutions 0.00% · other public 11.43%

    4. To approve material related party transactions with Grande Etoile Pharmaceuticals Limited, Subsidiary and Related Party of the Company.
      OrdinaryPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 5.15% · promoters 0.00% · institutions 0.00% · other public 11.43%

    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.

    Extraordinary general meeting, 9 Apr 2026, 5 resolutions

    540 shareholders on the register on 1 Apr 2026; present: 2 promoters and 3 others; votes counted by ANU MALOHTRA / ANU MALOHTRA & ASSOCIATES.The company's voting result (opens in a new tab)

    1. Approval For Increase Of Authorised Share Capital Of The Company And Consequent Alteration Of Capital Clause Of Memorandum Of Association Of The Company.
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 65.20% · promoters 100.00% · institutions 0.00% · other public 14.19%

    2. Approval For The Appointment Of Mr. Pankaj Tiwari (Din: 11565750) As An Executive Director Of The Company
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 65.20% · promoters 100.00% · institutions 0.00% · other public 14.19%

    3. Preferential Issuance Of Upto 20,00,000 (Twenty Lakhs Only) Equity Shares To The Person Belonging To Non-Promoter, Public Category.
      Special
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 65.20% · promoters 100.00% · institutions 0.00% · other public 14.19%

    4. Issuance Of 11,85,715 Fully Convertible Warrants (“Warrants”) To The Persons Belonging To “Promoter” And “Non-Promoter (Public Category)” Category On Preferential Basis.
      SpecialPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 65.20% · promoters 100.00% · institutions 0.00% · other public 14.19%

    5. Approval For Conversion Of Loan Into 7,14,285 Equity Shares Of The Company On Preferential Basis To The Persons Belonging To Promoter Category.
      SpecialPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 65.20% · promoters 100.00% · institutions 0.00% · other public 14.19%

    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.

    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

    None open at any quarter's end.
    The filing has a part on fines and penalties
    No
    The filing has a part on tax disputes
    No

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Mar 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

    RaisedAmount raisedForSet asideSpentSpent elsewhereSpent elsewhere, amountReason and comments
    Public IssuesJun 202410.54Yes1.621.38Yes1.62
    Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectusMoreLess
    Audit committee: Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectus.MoreLess
    Auditors: No comments from the auditor
    Public IssuesJun 202410.54Plant updation and increase in production capacity2.252.25Yes
    Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectusMoreLess
    Audit committee: Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectus.MoreLess
    Auditors: No comments from the auditor
    Public IssuesJun 202410.54Funding working capital requirements of our Company4.005.62Yes
    Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectusMoreLess
    Audit committee: Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectus.MoreLess
    Auditors: No comments from the auditor
    Public IssuesJun 202410.54General corporate purpose0.390.39Yes
    Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectusMoreLess
    Audit committee: Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectus.MoreLess
    Auditors: No comments from the auditor
    Public IssuesJun 202410.54Issue Related Expenses0.900.90Yes
    Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectusMoreLess
    Audit committee: Funding of expenses proposed to be incurred towards Product registration in the international markets of Rs. 300 Lakhs, out of the amount, Rs.162.44 (In lakhs) (representing 15.41% of the IPO proceeds) remains unutilized as 30th September 2025 (the “Unutilized Amount”). However, the Company no longer requires these funds for such a purpose. On February 26, 2026, a Special resolution was passed to consider and approve a variation in the objects of the issue relating to the initial public offering (IPO) for which the amount was raised through a prospectus.MoreLess
    Auditors: No comments from the auditor
    Preferential IssuesMar 20253.00Working capital requirements and General corporate purpose3.003.00No
    ₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.