Minaxi Textiles MD, chairman, board of directors and AGM
BSE: 531456Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹1.24.
- 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.
- ₹5.78 Cr4,820th 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 5 Oct 2026
- 99.3
- 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 8 May 2026
- 1.4
- 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 5 Oct 2026
- 1.8%
- 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 5 Oct 2026
- 7.3%
- 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 8 May 2026
- 2.90
- Volume, BSEVolume. Shares traded on the last trading day.
- 5,517
Minaxi Textiles board of directors
At the end of the quarter to Mar 2019, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonDINESHKUMAR PURUSHOTTAMDAS PATEL
- Company Secretary and Compliance OfficerPriyanka Patel
10 directors5 independent4 executive1 non-executive
- BHARATBHAI PRABHUDAS PATELExecutive · joined Jun 2018 · 60 months as independent · 1 listed board · 2 committee seats
- KIRITKUMAR SHAMBHUBHAI PATELExecutive · joined Oct 2018 · 60 months as independent · 1 listed board
- DINESHKUMAR PURUSHOTTAMDAS PATEL · ChairpersonExecutive · joined Jun 2018 · 60 months as independent · 1 listed board · 1 committee seat
- NIRMAL BHARATBHAI PATELExecutive · joined Jun 2016 · 60 months as independent · 1 listed board · 1 committee seat
- MANJULABEN SHAMBHUPRASAD PATELNon-executive · joined Feb 2015 · 1 listed board
- JASVANT KANTILAL PATELIndependent · joined Apr 2014 · 60 months as independent · 1 listed board · 1 committee seat, 1 as chair
- VASUDEVBHAI LALJIBHAI PATELIndependent · joined Apr 2014 · 60 months as independent · 1 listed board · 1 committee seat
- GHANSHYAMBHAI CHINUBHAI PATELIndependent · joined Apr 2014 · 60 months as independent · 1 listed board · 1 committee seat
- KETANKUMAR JAYANTILAL RAVALIndependent · joined Aug 2018 · 60 months as independent · 1 listed board
- BHAVIKKUMAR RAMABHAI PATELIndependent · joined Aug 2015 · 60 months as independent · 1 listed board · 1 committee seat, 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Mar 201945 days in between
- 12 Feb 201984 days in between
- 19 Nov 201812 days in between
- 6 Nov 2018
Audit Committee
Chair JASVANT KANTILAL PATEL
VASUDEVBHAI LALJIBHAI PATEL, GHANSHYAMBHAI CHINUBHAI PATEL, BHARATBHAI PRABHUDAS PATEL
- 12 Feb 201997 days in between
Nomination and remuneration committee
Chair VASUDEVBHAI LALJIBHAI PATEL
BHAVIKKUMAR RAMABHAI PATEL, JASVANT KANTILAL PATEL, DINESHKUMAR PURUSHOTTAMDAS PATEL
- 12 Feb 201984 days in between
Stakeholders Relationship Committee
Chair BHAVIKKUMAR RAMABHAI PATEL
BHARATBHAI PRABHUDAS PATEL, DINESHKUMAR PURUSHOTTAMDAS PATEL, NIRMAL BHARATBHAI PATEL
- 30 Mar 2019143 days in between
- 12 Feb 201997 days in between
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.
- Parth R. Shah and Co.,Peer-review certificate valid to May 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.
Minaxi Textiles 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.Minaxi Textiles dividend history
Annual general meeting, 25 Sep 2026
18,106 shareholders on the register on 18 Sep 2026; present: 2 promoters and 35 others; votes counted by Ashok P. Pathak / Ashok P. Pathak & Co..The company's voting result (opens in a new tab)
To receive, consider, approve and adopt the Audited Financial Statements for the Company for the Financial Year ended on 31st March 2026, together with the Reports of the Auditors and Board of Directors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.14% · promoters 92.89% · institutions 0.00% · other public 20.75%
- To appoint a director in place of Shri Dineshkumar P. Patel (DIN: 02268757), who retires by rotation and being eligible, offers himself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 38.14% · promoters 92.89% · institutions 0.00% · other public 20.75%
- To appoint a director in Place of Shri. Kiritkumar S. Patel, (DIN: 00372855), who retires by rotation and being eligible, offers herself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 38.14% · promoters 92.89% · institutions 0.00% · other public 20.75%
APPROVAL OF PAYMENT OF REMUNERATION TO SHRI KIRITKUMAR S. PATEL, WHOLE TIME DIRECTOR IN THE EVENT OF LOSS OR INADEQUECY OF PROFITS IN ANY FINANCIAL YEAR DURING THE REMAINING TENURE OF 2 (TWO) YEARS OF HIS APPOINTMENTMoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 38.14% · promoters 92.89% · institutions 0.00% · other public 20.75%
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.
Compliance
- 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 company's own answers in its filing.