Morarjee Textiles logo

Morarjee Textiles MD, chairman, board of directors and AGM

NSE: MORARJEEBSE: 532621Textiles & ApparelsSmall Cap

Last close ₹4.78down ₹0.25 (4.97%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹5.03.

52-week range of traded prices to 23 Oct 2026
₹4.78Low, 23 Oct 2026₹12.41High, 20 Jul 2026
Market cap
₹17 Cr3,889th largest listed
P/E
No recent results
P/B
No recent results
Dividend yield
Nonein the last 12 months
Volume, NSE
7,105

Morarjee Textiles 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

  • ChairpersonGOVIND RATHI

3 directors3 non-executive

  • GOVIND RATHI · ChairpersonNon-executive · joined Jun 2026 · 2 listed boards
  • PRAVIN JAINNon-executive · joined Jun 2026 · 1 listed board
  • SANDEEP JOSHINon-executive · joined Jun 2026 · 1 listed board

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.

Morarjee 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.Morarjee Textiles dividend history

Postal ballot, 29 Dec 2023

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Kishor Dhage (DIN: 10349307) as a Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 60.58% · promoters 100.00% · institutions 0.00% · other public 2.51%

  2. Approval for the Appointment of Mr. Kishor Dhage (DIN: 10349307) as a Whole Time Director and CEO of the Company and the terms and conditions of his appointment
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 60.58% · promoters 100.00% · institutions 0.00% · other public 2.51%

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 2023, 3 resolutions

Present: 6 promoters and 45 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated Financial Statements together with the Reports of Board of Directors' and Auditors' thereon for the financial year ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 59.80% · promoters 100.00% · institutions 0.00% · other public 0.24%

  2. Re-appointment of Ms. Urvi A. Piramal (DIN: 00044954), Non-Executive Non-Independent Director, Who retires by rotation and eligible for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.49%

    Turnout: all 59.80% · promoters 100.00% · institutions 0.00% · other public 0.24%

  3. Ratification of the Remuneration of M/s. Phatak Paliwal & Co. Cost Accountants for the financial year ending 31st March, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 59.80% · promoters 100.00% · institutions 0.00% · other public 0.24%

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 Aug 2022, 5 resolutions

Present: 5 promoters and 48 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2021
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 65.91% · promoters 100.00% · institutions 0.00% · other public 17.23%

  2. To appoint a director in place of Mr. Mahesh S. Guptan(DIN: 00046810), Non-Executive - Non IndependentnDirector, who retires by rotation and being eligible, hasnoffers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 65.91% · promoters 100.00% · institutions 0.00% · other public 17.23%

  3. To re-appoint M/s. Haribhakti & Co. LLP, CharterednAccountants, Mumbai (Firm Registration No.n103523W/W100048) as Statutory Auditors of thenCompany and to fix their remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 65.91% · promoters 100.00% · institutions 0.00% · other public 17.23%

  4. Ratification of Remuneration of Cost Auditors
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 65.91% · promoters 100.00% · institutions 0.00% · other public 17.23%

  5. Approval to make offer(s) of Non-ConvertiblenDebentures up to an overall amount of Rs. 250nCrore on Private Placement basis
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 65.91% · promoters 100.00% · institutions 0.00% · other public 17.23%

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, 7 Apr 2022, 1 resolution

The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Harshvardhan A. Piramal (DIN: 00044972)– Whole-time Director to be designated as Executive Vice Chairman for further period of Five years w.e.f. 1st April, 2022
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 6.17% · promoters 0.00% · institutions 0.00% · other public 17.15%

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, 10 Feb 2022, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Amresh Narayan (DIN:09302625) as a Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.14% · promoters 99.97% · institutions 0.00% · other public 17.89%

  2. Approval for the Appointment of Mr. Amresh Narayan (DIN: 09302625) as a Whole Time Director and CEO of the Company and the terms and conditions of his appointment
    Special
    100.00% for0.00% against

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

    Turnout: all 66.14% · promoters 99.97% · institutions 0.00% · other public 17.89%

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.

Annual general meeting, 29 Jul 2021, 5 resolutions

Present: 5 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2021
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 61.53% · promoters 99.67% · institutions 0.00% · other public 5.60%

  2. Re-appointment of Mr. Harshvardhan A.nPiramal (DIN: 00044972), Non-Executive Director, who retires by rotation and eligible for re-appointment.n
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 61.53% · promoters 99.67% · institutions 0.00% · other public 5.60%

  3. Ratification of the Remuneration of M/s. Phatak Paliwal & Co Cost Accountants for the financial year ending 31st March, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.53% · promoters 99.67% · institutions 0.00% · other public 5.60%

  4. Consideration of making offer(s) of Non-Convertible Debentures aggregating to Rs. 250 crores on private placement basis.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 61.53% · promoters 99.67% · institutions 0.00% · other public 5.60%

  5. Re-appointment of Lt. Gen. A.K. Singh (DIN: 07698288) as an Independent Director of the Company for a second term of five consecutive years commencing from 07th February, 2022 up to 07th February, 2027MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 61.53% · promoters 99.67% · institutions 0.00% · other public 5.60%

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 2020, 7 resolutions

Present: 6 promoters and 41 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2020 together with 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 0.01%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

  2. To appoint a director in place of Ms. Urvi A. Piramal (DIN: 00044954), Non-Executive Director, who retires by rotation and being eligible, offers herself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

  3. Ratification of Remuneration of Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

  4. To appoint Ms. Alpana Chinai (DIN: 00136144) as an Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

  5. To appoint Mr. Archit Jayakar (DIN: 01904013) as an Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

  6. To appoint Mr. Devesh Harishchandra Dadheech (DIN: 01656629) as an Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

  7. Approval to make offer(s) of Non-Convertible Debentures upto an overall amount of Rs. 150 Crore
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 61.80% · promoters 100.00% · institutions 0.00% · other public 5.86%

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, 3 Sep 2019, 8 resolutions

Present: 6 promoters and 74 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2019 and the reports of the Directors’ and Auditor’s thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  2. To appoint a Director in place of Mr. Mahesh S Gupta (DIN: 00046810), Non-Executive Director, who retires by rotation and being eligible, has offered himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  3. To ratify the remuneration payable to M/s. Phatak Paliwal & Co., Cost Accountants for the Financial Year ended 31st March, 2020.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  4. To consider revision in the terms of remuneration of Mr. Harsh A. Piramal (DIN: 00044972), Whole-time Director of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  5. To consider re-appointment of Mr. R. K. Rewari (DIN: 00619240) as the Managing Director of the Company for a period of three years w.e.f. 1st February, 2019
    Special
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  6. To consider re-appointment of Mr. Shobhan Thakore (DIN: 00031788) as an Independent Director of the Company for a second term of five consecutive years.
    Special
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  7. To consider re-appointment of Mr. Ranjan Pant (DIN: 00005410) as an Independent Director of the Company for a second term of five consecutive years.
    Special
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

  8. To consider making offer(s) of Non-Convertible Debentures aggregating to Rs. 150 crores on private placement basis.
    Special
    100.00% for0.00% against

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

    Turnout: all 61.79% · promoters 100.00% · institutions 0.00% · other public 5.85%

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

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyEMPLOYEE STATE INSURANCE CORPORATIONSince 10 Jan 2025₹0.04 Cr

    DEMAND NOTICE

    PART II OF SCHEDULE II 45 I OF INCOME TAX ACT,1961 READ WITH SECTION 45 - H OF ESI ACT ,1948 (As amended)
  • Fine or penaltyEMPLOYEE STATE INSURANCE CORPORATIONSince 27 Jan 2025₹0.03 Cr

    DEMAND NOTICE

    PART II OF SCHEDULE II 45 I OF INCOME TAX ACT,1961 READ WITH SECTION 45 - H OF ESI ACT ,1948 (As amended)
  • Fine or penaltyEMPLOYEE PROVIDENT FUND ORGANISATIONSince 31 Jan 2025₹0.03 Cr

    ORDER - RECOVERY OF INTEREST ON THE BELATED REMITTANCE OF PROVIDENT FUND & ALLIED DUES DURING PRE CIRP PERIOD

    Section 14B of Employees Provident Funds and Miscellaneous Provisions Act,1952
  • Fine or penaltyEMPLOYEE PROVIDENT FUND ORGANISATIONSince 31 Jan 2025₹0.06 Cr

    ORDER - LEVY OF DAMAGES ON THE BELATED REMITTANCE OF PROVIDENT FUND & ALLIED DAMAGES DURING PRE CIRP PERIOD

    Section 14B of Employees Provident Funds and Miscellaneous Provisions Act,1952
  • Fine or penaltyEMPLOYEE STATE INSURANCE CORPORATIONSince 30 Jan 2025₹0.05 Cr

    DEMAND NOTICE

    ESI ACT ,1948 (As amended)

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

None open at any quarter's end.
The board is made up as the listing rules require
No
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.