Mid India Industries MD, chairman, board of directors and AGM
BSE: 500277Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹5.23.
- Under BSE's graded surveillance, stage 0, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹8.54 Cr4,598th 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
- 49.7
- 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.
- Net worth zero or below
- 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 zero or below
- 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.
- Net worth zero or below
- Volume, BSEVolume. Shares traded on the last trading day.
- 3,130
Mid India Industries 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
- Chairperson and managing directorSANJAY SINGH
- Company Secretary and Compliance OfficerManish Joshi
5 directors3 independent2 executive
- SANJAY SINGH · Chairperson and managing directorExecutive · joined Nov 2014 · 1 listed board
- BHAWANI SHANKAR SONIExecutive · joined May 2019 · 1 listed board
- BHUSHAN TAMBEIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 1 listed board · 1 as independent · 3 committee seats, 1 as chair
- DHAWAL BAGMARIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 4 as chair
- AWANI KOTHARIIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 1 listed board · 1 as independent · 3 committee seats
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.
1 director who left
- DEEPIKA GANDHI, left 13 Nov 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20265 of 5 present3 independent · 81 days in between
- 22 May 20265 of 5 present3 independent
Audit Committee
Chair DHAWAL BAGMAR
BHUSHAN TAMBE, AWANI KOTHARI
- 12 Aug 20263 of 3 present3 independent · 81 days in between
- 22 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair DHAWAL BAGMAR
BHUSHAN TAMBE, AWANI KOTHARI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair DHAWAL BAGMAR
BHUSHAN TAMBE, AWANI KOTHARI
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 Mar 2026.
- ATM & AssociatesPeer-review certificate valid to Nov 2028
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.
Mid India Industries 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.Mid India Industries share news and announcements
Annual general meeting, 28 Sep 2026
17,599 shareholders on the register on 21 Sep 2026; present: 4 promoters and 54 others; votes counted by DARSHIKA WANKHEDE / DARSHIKA WANKHEDE Practicing Company Secretary.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company together with the Report of the Board of Directors and the Auditors thereon for the financial year ended 31st March, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 23.49% · promoters 45.46% · institutions 0.00% · other public 0.89%
To appoint a Director in place of Mr. Bhawani Shankar Soni (DIN: 01591062), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible offers himself for re-appointment.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 23.49% · promoters 45.46% · institutions 0.00% · other public 0.89%
- To re-appoint ATM & Associates, Chartered Accountants, Indore (FRN: 017397C) as Statutory Auditors of the company and fix their remunerationOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.34%
Turnout: all 23.49% · promoters 45.46% · institutions 0.00% · other public 0.89%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeIncome Tax Department claimed additional Income Tax for the AY 2009-10Since 23 Feb 2011An appeal against the said demand is pending before the appropriate appellate authorityAt the filing before: The principal tax demand is Nil, and the outstanding demand pertains to interest amounting to ₹8,67,215
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
- Yes
- The filing has a part on fines and penalties
- No
- 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.