Narmada Agrobase MD, chairman, board of directors and AGM
NSE: NARMADABSE: 543643Food ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹10.13.
- 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.
- ₹76 Cr2,749th 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 14 Aug 2026
- 21.1
- 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 25 Jul 2026
- 1.3
- 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
- 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 14 Aug 2026
- 6.2%
- 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 14 Aug 2026
- 6.3%
- 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 25 Jul 2026
- 0.17
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,17,61468.8% delivered
Narmada Agrobase 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
- ChairpersonNeerajkumar Sureshchandra Agrawal
6 directors4 independent2 executive
- Neerajkumar Sureshchandra Agrawal · ChairpersonExecutive · joined Jan 2013 · reappointed Jul 2022 · 60 months as independent · 1 listed board · 2 committee seats
- Suresh Chandra GuptaExecutive · joined Jan 2013 · reappointed Jul 2022 · 60 months as independent · 1 listed board
- Ganesh Bhavarlal PrajapatiIndependent · joined Dec 2017 · reappointed Jul 2022 · 60 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
- Pooja AidasaniIndependent · joined Jun 2022 · reappointed Jul 2022 · 60 months as independent · 1 listed board · 1 as independent
- Deepak SoniIndependent · joined Aug 2025 · reappointed Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Shweta Vivek NathwaniIndependent · joined Aug 2025 · reappointed Sep 2025 · 60 months as independent · 1 listed board · 1 as independent
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
- Nidhi Dineshbhai Patel, left 6 Aug 2025: Others
- Gaurav Dineshkumar Agarwal, left 6 Aug 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20266 of 6 present4 independent · 58 days in between
- 16 Jun 20266 of 6 present4 independent · 17 days in between
- 29 May 20266 of 6 present4 independent
Audit Committee
Chair Deepak Soni
Ganesh Bhavarlal Prajapati, Neerajkumar Sureshchandra Agrawal
- 14 Aug 20263 of 3 present2 independent · 58 days in between
- 16 Jun 20263 of 3 present2 independent · 17 days in between
- 29 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Shweta Vivek Nathwani
Ganesh Bhavarlal Prajapati, Deepak Soni
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Ganesh Bhavarlal Prajapati
Deepak Soni, Neerajkumar Sureshchandra Agrawal
No meeting listed in the filing.
Right Issue Committee
Chair Deepak Soni
Pooja Aidasani, Neerajkumar Sureshchandra Agrawal
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.
- M/s Jain Kedia & sharmaPeer-review certificate valid to Feb 2029
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.
Narmada Agrobase 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.Narmada Agrobase dividend history
Postal ballot, 29 Jul 2026
24,593 shareholders on the register on 26 Jun 2026; votes counted by Punit Santoshkumar Lath / Punit S. Lath.The company's voting result (opens in a new tab)
Alteration/ Variation in the Objects of the Rights Issue for utilisation of funds out of the net proceeds of the issue of fully paid-up equity shares of the Company by modifying the objects of the issue as stated in the Letter of Offer dated 17th September, 2024MoreLess
Special99.95% for0.05% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.06%
Turnout: all 60.36% · promoters 100.00% · institutions 97.10% · other public 7.06%
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, 18 Jul 2026, 5 resolutions
18,758 shareholders on the register on 10 Jul 2026; present: 10 promoters and 30 others; votes counted by Punit Santoshkumar Lath / Punit S. Lath.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Financial Statements comprising of Balance Sheet as at 31st March, 2026, Profit and Loss Account of the Company and Cash Flow Statement for the year ended on that date together with the Report of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.83% · promoters 100.00% · institutions 97.10% · other public 1.10%
- To appoint a Director in place of Mr. Suresh Chand Kalyanmal Gupta (DIN: 06473269) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.83% · promoters 100.00% · institutions 97.10% · other public 1.10%
- To confirm the re-appointment of Jain Kedia and Sharma Chartered Accountants as Statutory Auditors of the company for another term of 4 years and to fix their remuneration.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.83% · promoters 100.00% · institutions 97.10% · other public 1.10%
- Approval of Sub-division of Equity shares of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.83% · promoters 100.00% · institutions 97.10% · other public 1.10%
- Approval of alteration in Clause V i.e. Capital clause of the Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 57.83% · promoters 100.00% · institutions 97.10% · other public 1.10%
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 2025, 5 resolutions
11,597 shareholders on the register on 19 Sep 2025; present: 10 promoters and 25 others; votes counted by Punit Santoshkumar Lath / Punit S. Lath.The company's voting result (opens in a new tab)
To consider and adopt the audited Financial Statements comprising of Balance Sheet as at 3lst March,2025, Profit and Loss Account of the Company and Cash Flow Statement and the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Mr. Neeraj Sureshchandra Agarwal (DIN: 06473290) who retires by rotation and being eligible, offers himself for re appointnent.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.51%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint M/s Punit S. Lath, Practicing Company Secretaries as Secretarial auditor of the companyOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.51%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To approve the appointment of Deepak Soni (DIN: 11214672) as an Independent Director.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.51%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To approve the appointment of Mrs. Shweta Vivek Nathwani DIN: I 1093007) as an Independent DirectorSpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.51%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
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, 18 Jul 2024, 4 resolutions
Present: 8 promoters and 38 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Financial Statements comprising of Balance Sheet as at 31st March, 2024, Profit and Loss Account of the Company and Cash Flow Statement for the year ended on that date together with the Report of Board of Directors and Auditors thereon and in this regard.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 5.43% · other public 0.00%
Turnout: all 57.66% · promoters 100.00% · institutions 0.00% · other public 0.00%
- To appoint a Director in place of Mr. Suresh Chand Kalyanmal Gupta (DIN: 06473269) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 6.90% · other public 0.00%
Turnout: all 57.66% · promoters 100.00% · institutions 0.00% · other public 0.00%
- To adopt new set of Memorandum of Association pursuant to the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 5.26% · other public 0.00%
Turnout: all 57.66% · promoters 100.00% · institutions 0.00% · other public 0.00%
- Increase in Authorised Share Capital of the Company and Alteration of Capital Clause of Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 5.26% · other public 0.00%
Turnout: all 57.66% · promoters 100.00% · institutions 0.00% · other public 0.00%
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, 30 Sep 2023, 2 resolutions
Present: 8 promoters and 19 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Financial Statements comprising of Balance Sheet as at 31st March, 2023, Profit and Loss Account of the Company and Cash Flow Statement for the year ended on that date together with the Report of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.20% · other public 0.00%
Turnout: all 66.58% · promoters 100.00% · institutions 0.33% · other public 0.00%
- To appoint a Director in place of Mr. Neerajkumar Sureshchandra Agrawal (DIN: 06473290) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.20% · other public 0.00%
Turnout: all 66.58% · promoters 100.00% · institutions 0.33% · other public 0.00%
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
- 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
- No
- 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 2026. 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 |
|---|---|---|---|---|---|
| Rights IssuesOct 2024 | 34.58 | Funding of capital expenditure towards installation of new Plant & Machinery | 7.70 | 0.00 | No |
| Rights IssuesOct 2024 | 34.58 | Incremental working capital requirements | 17.87 | 17.87 | No |
| Rights IssuesOct 2024 | 34.58 | General Corporate Purpose | 9.01 | 9.01 | No |