Nikhil Adhesives MD, chairman and AGM

Nikhil Adhesives 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 directorUmesh Jayantilal Sanghavi
Company Secretary and Compliance OfficerBeena Khandelwal

10 directors5 independent5 executive

Umesh Jayantilal Sanghavi · Chairperson and managing directorExecutive · joined Sep 1986 · reappointed Sep 2026 · 1 listed board · 1 committee seat
Rajendra Jayantilal SanghaviExecutive · joined Sep 1986 · reappointed Sep 2026 · 1 listed board
Tarak Jayantilal SanghaviExecutive · joined Oct 1987 · reappointed Sep 2026 · 1 listed board
Pravin Kanubhai LaheriIndependent · joined Apr 2021 · reappointed Apr 2026 · 66 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
Gauri Surendra TrivediIndependent · joined Jan 2022 · reappointed Jan 2022 · 57 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 1 as chair
Subramanian VenketakrishnanIndependent · joined Jul 2023 · reappointed Jul 2023 · 39 months as independent · 1 listed board · 1 as independent · 1 committee seat
Jagdish Balvant MaliExecutive · joined Aug 2024 · 1 listed board · 1 committee seat
Sethunathan Charlayath LaxmananIndependent · joined Mar 2025 · 18 months as independent · 1 listed board · 1 as independent
Satish Rama GaonkarExecutive · joined Jun 2025 · 1 listed board · 1 committee seat
Madhu Thakorlal AnkleshwariaIndependent · joined Jun 2025 · 15 months as independent · 1 listed board · 1 as independent · 2 committee seats, 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.

1 director who left

Ishita Tushar Gandhi, left 27 Mar 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

Board
- 13 Aug 202610 of 10 present5 independent · 77 days in between
- 27 May 202610 of 10 present5 independent
Audit Committee
Chair Pravin Kanubhai Laheri
Gauri Surendra Trivedi, Umesh Jayantilal Sanghavi, Subramanian Venketakrishnan, Madhu Thakorlal Ankleshwaria
- 13 Aug 20265 of 5 present4 independent · 77 days in between
- 27 May 20265 of 5 present4 independent
Nomination and remuneration committee
Chair Gauri Surendra Trivedi
Pravin Kanubhai Laheri, Sethunathan Charlayath Laxmanan
- 13 Aug 20263 of 3 present3 independent
- 27 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Madhu Thakorlal Ankleshwaria
Satish Rama Gaonkar, Jagdish Balvant Mali
No meeting listed in the filing.
Risk Management Committee
Chair Subramanian Venketakrishnan
Satish Rama Gaonkar, Jagdish Balvant Mali
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Pravin Kanubhai Laheri
Rajendra Jayantilal Sanghavi, Tarak Jayantilal Sanghavi, Gauri Surendra Trivedi
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 PHD & ASSOCIATESPeer-review certificate valid to Jan 2029

1 earlier auditor

M/s Jay Shah & AssociatesNamed in filings from Mar 2025 to Jun 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.

Nikhil Adhesives 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.Nikhil Adhesives dividend history

Annual general meeting, 22 Sep 2026

12,432 shareholders on the register on 15 Sep 2026; present: 5 promoters and 45 others; votes counted by POONAM SOMANI / SOMANI & ASSOCIATES.The company's voting result (opens in a new tab)

To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the reports of the Board of Directors and Statutory Auditors thereonMoreLess
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%
To appoint a director in place of Mr. Tarak Jayantilal Sanghavi, Whole Time Director (DIN: 00519403), who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointmentMoreLess
OrdinaryPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 29.42% · promoters 48.10% · institutions 0.00% · other public 7.14%
To declare dividend of Re. 0.22 per equity share of face value of Re. 1 each for the financial year ended 31st March, 2026
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%
Ratification of Remuneration of Cost Auditor M/s. B. F. Modi & Associates, Cost Accountants (Firm Registration No. 100604)
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%
Appointment of M/s. Deepika Mishra & Associates, Practising Company Secretaries, Delhi, a Peer Reviewed Firm as the Secretarial Auditors of the Company
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%
Re-appointment of Mr. Tarak Jayantilal Sanghavi (DIN: 00519403) as a Whole Time Director for a period of 3 years
SpecialPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 29.42% · promoters 48.10% · institutions 0.00% · other public 7.14%
Re-appointment of Mr. Rajendra Jayantilal Sanghavi (DIN: 00245637) as a Whole Time Director for a period of 3 years
SpecialPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 31.37% · promoters 51.70% · institutions 0.00% · other public 7.14%
Re-appointment of Mr. Umesh Jayantilal Sanghavi (DIN: 00491220) as a Chairman and Managing Director for a period of 3 years
SpecialPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 33.04% · promoters 54.75% · institutions 0.00% · other public 7.14%
Reappointment of Mrs. Gauri Surendra Trivedi (DIN: 06502788) as an Independent Director for 2nd term of 5 years
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%
To increase powers of the board u/s 180(1) (a) of the Companies Act, 2013
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%
To consider and approve the remuneration payable to Dr. Satish Gaonkar, Executive Director (DIN: 11114859) exceeding the limits prescribed under Section 197 of the Companies Act, 2013
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 49.42% · promoters 84.83% · institutions 0.00% · other public 7.14%

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.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹1.62 Cr21 dealings
Half-year to Sep 2025: ₹1.45 Cr19 dealings
Half-year to Mar 2025: ₹1.70 Cr17 dealings
Half-year to Sep 2024: ₹1.09 Cr15 dealings
Half-year to Mar 2024: ₹1.87 Cr17 dealings
Half-year to Sep 2023: ₹2.68 Cr17 dealings

Between	Dealing
Nikhil Adhesives Limited and EKLYSS PRIVATE LIMITEDSection 2(76)(iv) Enterprises significantly influenced by Directors and Relatives	Sale of goods or services	0.31
Nikhil Adhesives Limited and Nikhil U. SanghaviSon of Director and KMP	Remuneration	0.24
Nikhil Adhesives Limited and Zeki Software Solutions Pvt LtdSection 2(76)(iv) Enterprises significantly influenced by Directors and Relatives	Purchase of goods or services	0.23
Nikhil Adhesives Limited and Rajendra J. SanghaviExecutive Whole Time Director	Remuneration	0.22
Nikhil Adhesives Limited and Tarak J. SanghaviExecutive Whole Time Director	Remuneration	0.22
Nikhil Adhesives Limited and Umesh J. SanghaviChairman and Managing Director	Remuneration	0.22
Nikhil Adhesives Limited and Anita U. SanghaviChief Financial Officer	Remuneration	0.07
Nikhil Adhesives Limited and Ami Tarak SanghaviDaughter of Director	Any other transactionInterest paid on Fixed Deposit	0.03
Nikhil Adhesives Limited and Ashok J. SanghaviBrother of Director and KMP	Remuneration	0.02
Nikhil Adhesives Limited and Rekha T. SanghaviWife of Director	Any other transactionInterest paid on Fixed Deposit	0.02
Nikhil Adhesives Limited and Greenbuilding Lifescapes LLPSection 2(76)(iv) Enterprises significantly influenced by Directors and Relatives	Sale of goods or services	0.01
Nikhil Adhesives Limited and Vajiya Elercon LLPSection 2(76)(iv) Enterprises significantly influenced by Directors and Relatives	Purchase of fixed assets	0.01
Nikhil Adhesives Limited and Janaki Tarak SanghaviDaughter of Director	Any other transactionInterest paid on Fixed Deposit	₹32,000
Nikhil Adhesives Limited and Vasant Polymers & Chemicals Pvt LtdSection 2(76)(iv) Enterprises significantly influenced by Directors and Relatives	Any other transactionInterest paid on Fixed Deposit	₹26,000
Nikhil Adhesives Limited and Rajendra J. SanghaviExecutive Whole Time Director	Any other transactionInterest paid on Fixed Deposit	₹24,000
Nikhil Adhesives Limited and Tarak J. SanghaviExecutive Whole Time Director	Any other transactionInterest paid on Fixed Deposit	₹14,000
Nikhil Adhesives Limited and Umesh J. SanghaviChairman and Managing Director	Any other transactionInterest paid on Fixed Deposit	₹11,000
Nikhil Adhesives Limited and IND+ ArchitectSection 2(76)(iv) Enterprises significantly influenced by Directors and Relatives	Any other transactionInterest paid on Fixed Deposit	₹8,000
Nikhil Adhesives Limited and Anita U. SanghaviChief Financial Officer	Any other transactionInterest paid on Fixed Deposit	₹6,000
Nikhil Adhesives Limited and Tarak J. Sanghavi -HUFHUF of Executive Whole Time Director	Any other transactionInterest paid on Fixed Deposit	₹5,000
Nikhil Adhesives Limited and Umesh J. Sanghavi - HUFHUF of Chairman and Managing Director	Any other transactionInterest paid on Fixed Deposit	₹5,000

The 21 largest of 21 dealings in the half-year to Mar 2026, ₹ crore.

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: 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.

Nikhil Adhesives board of directors

Committees and meetings

Board

Audit Committee

Nomination and remuneration committee

Stakeholders Relationship Committee

Risk Management Committee

Corporate Social Responsibility Committee