Mishtann Foods MD, chairman, board of directors and AGM
BSE: 539594Food ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹2.88.
- 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.
- ₹325 Cr1,884th 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 30 May 2026
- 0.3
- 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 8 Aug 2026
- 13.2%
- 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 30 May 2026
- 0.05
- Volume, BSEVolume. Shares traded on the last trading day.
- 12,84,502
Mishtann Foods board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorHITESHKUMAR GAURISHANKAR PATEL
6 directors4 independent2 executive
- HITESHKUMAR GAURISHANKAR PATEL · Chairperson and managing directorExecutive · joined Feb 2015 · reappointed Sep 2025 · 1 listed board
- NAVINCHANDRA DAHYALAL PATELExecutive · joined Mar 2015 · reappointed Aug 2022 · 1 listed board
- ASHISH AGARWALIndependent · joined Jun 2021 · 61 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
- RAINY RAMESH SINGHIIndependent · joined May 2024 · 27 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 4 as chair
- KUSH JIGENBHAI SHAHIndependent · joined Jan 2025 · 18 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- RAJESH CHINUBHAI SUTARIAIndependent · joined Nov 2025 · 9 months as independent · 7 listed boards · 6 as independent · 9 committee seats, 2 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
- BHUMI JAYANTKUMAR GOR, left 24 Sep 2025: Others
- Nihar Sheth, left 6 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present4 independent · 105 days in between
- 13 Feb 20266 of 6 present4 independent
Audit Committee
Chair RAINY RAMESH SINGHI
ASHISH AGARWAL, KUSH JIGENBHAI SHAH
- 30 May 20263 of 3 present3 independent · 105 days in between
- 13 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair RAINY RAMESH SINGHI
ASHISH AGARWAL, KUSH JIGENBHAI SHAH
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair RAINY RAMESH SINGHI
ASHISH AGARWAL, KUSH JIGENBHAI SHAH
- 30 Apr 20263 of 3 present3 independent · 92 days in between
- 27 Jan 20263 of 3 present3 independent
Risk Management Committee
Chair HITESHKUMAR GAURISHANKAR PATEL
KUSH JIGENBHAI SHAH, RAINY RAMESH SINGHI
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair RAINY RAMESH SINGHI
ASHISH AGARWAL, KUSH JIGENBHAI SHAH
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 H Thakkar & Co. LLPPeer-review certificate valid to May 2027
1 earlier auditor
- H Thakkar & Co. LLPNamed in filings from Mar 2025 to Dec 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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeSEBISince 5 Dec 2024Pending
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.
How money raised was used
Reported for the quarter to Jun 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesFeb 2024 | 14.99 | – | – | No | Auditors: The Company has obtained a certificate certifying that the funds raised through above mode has been fully utilised for the purpose for which it was raised. | |
| Preferential IssuesFeb 2024 | 14.99 | – | – | No | Auditors: The Company has obtained a certificate certifying that the funds raised through above mode has been fully utilised for the purpose for which it was raised. | |
| Rights IssuesApr 2024 | 49.82 | – | – | No | Auditors: The Company has obtained a certificate certifying that the funds raised through above mode has been fully utilised for the purpose for which it was raised. | |
| Preferential IssuesJul 2024 | 14.99 | – | – | No | Auditors: The Company has obtained a certificate certifying that the funds raised through above mode has been fully utilised for the purpose for which it was raised. |