NIKITA GREENTECH RECYCLING MD, chairman, board of directors and AGM

NSE: NIKITAPaper, Forest & Jute Products

Formerly Nikita Papers

₹60.00₹0.00 (0.00%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹60.00.

52-week range of traded prices to 23 Oct 2026

₹60.00Low, 22 Oct 2026₹156.00High, 17 Dec 2025

Next results date: the board meets on 13 Nov 2026 to consider: financial results and other business matters.

Market cap: ₹148 Cr
P/E: 13.3
P/B: 0.8
Dividend yield: Nonein the last 12 months
ROE: 7.9%
Debt to equity: 1.33
Volume, NSE: 1,200100.0% delivered

NIKITA GREENTECH RECYCLING 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

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.

Statutory auditor

Named in the results for the quarter to Mar 2026.

M/s. Mittal Goel And AssociatesPeer-review certificate valid to Mar 2029

1 earlier auditor

Mittal Goel & AssociatesNamed in the filing for the quarter to Mar 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.

NIKITA GREENTECH RECYCLING 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.NIKITA GREENTECH RECYCLING share news and announcements

Annual general meeting, 30 Sep 2026

914 shareholders on the register on 23 Sep 2026; present: 21 promoters and 8 others; votes counted by Mr. Sukhmendra Kumar / M/s. MMA & Partners, Company Secretaries.The company's voting result (opens in a new tab)

To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 65.77% · promoters 99.81% · institutions 0.00% · other public 14.76%
To appoint a Director in place of Mrs. Sandhya Bansal (DIN: 09190361), who retires by rotation and being eligible, offers herself for re-appointment.
OrdinaryPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 65.77% · promoters 99.81% · institutions 0.00% · other public 14.76%
Alteration of the Object Clause of the Memorandum of Association of the Company.
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 65.77% · promoters 99.81% · institutions 0.00% · other public 14.76%
Re-Appointment of Mr. Ayush Bansal (DIN: 00774900) as Whole-Time Director of the Company and Approval of Remuneration Payable to Him.
SpecialPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 65.77% · promoters 99.81% · institutions 0.00% · other public 14.76%
Re-Appointment of Mrs. Sandhya Bansal (DIN: 09190361) as Executive Director of the Company and Approval of Remuneration Payable to Her.
SpecialPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 65.77% · promoters 99.81% · institutions 0.00% · other public 14.76%
Shifting of the Registered Office of the Company from the State of Delhi to the State of Uttar Pradesh and Consequent Alteration of (Clause 2) of the Memorandum of Association of the Company.
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 65.77% · promoters 99.81% · institutions 0.00% · other public 14.76%
Approval of Material Related Party Transaction(s) in connection with acceptance of Secured and/or Unsecured Loans from certain Directors of the Company Aggregating up to INR 70 Crores, including possible conversion thereof into Equity Shares or other securities.MoreLess
SpecialPromoters have an interest in it
99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 38.65% · promoters 54.71% · institutions 0.00% · other public 14.76%

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: ₹4.4 Cr33 dealings, 2 loans and advances
Half-year to Sep 2025: ₹13.9 Cr31 dealings, 2 loans and advances
Half-year to Mar 2025: ₹46.4 Cr30 dealings

Between	Dealing
Nikita Greentech Recycling Limited and SHAMLI STEELS PVT LTDEnterprise over which Director or Promotor or KMP and their relatives exercise significant influence	LoanLoan at 12.50%, Three Years, unsecured, To Pay Off Its Obligations	15.00	1.67	18.35	16.69
Nikita Greentech Recycling Limited and Ayush BansalWhole-Time Director	Loan	10.00	0.89	1.80	0.91
Nikita Greentech Recycling Limited and Globalinks Green Enviro LLPEnterprise over which Director or Promotor or KMP and their relatives exercise significant influence	AdvanceAdvance, Normal Course of Business, unsecured, For Job Work	10.00	0.72	4.97	5.69
Nikita Greentech Recycling Limited and Ashok Kumar BansalManaging Director	Remuneration	0.50	0.15	0.02	0.02
Nikita Greentech Recycling Limited and Sudhir Kumar BansalChairman	Remuneration	0.50	0.15	0.02	0.02
Nikita Greentech Recycling Limited and Abhinav BansalPromotor	Remuneration	0.40	0.12	0.02	0.02
Nikita Greentech Recycling Limited and Ayush BansalWhole-Time Director	Remuneration	0.40	0.12	0.02	0.02
Nikita Greentech Recycling Limited and Sandhya BansalExecutive Director	Remuneration	0.40	0.12	0.02	0.02
Nikita Greentech Recycling Limited and Anuj BansalPromotor	Remuneration	0.40	0.12	0.02	0.02
Nikita Greentech Recycling Limited and Suruchi MittalPromotor Group	Loan	10.00	0.12	0.12	0.00
Nikita Greentech Recycling Limited and Atul AeronChief Financial Officer	Remuneration	0.40	0.08	0.01	0.01
Nikita Greentech Recycling Limited and Riha BansalPromotor Group	Loan	5.00	0.04	0.04	0.00
Nikita Greentech Recycling Limited and Sangita GuptaPromotor Group	Loan	1.00	0.04	0.04	0.00
Nikita Greentech Recycling Limited and Divam MittalCompany Secretary & Compliance Officer	Remuneration	0.15	0.04	₹70,000	₹69,000
Nikita Greentech Recycling Limited and Shitij SharmaNon-Executive Independent Director	Any other transactionSitting Fees	0.10	₹90,000	₹45,000	0.00
Nikita Greentech Recycling Limited and Sudhir Kumar BansalChairman	Any other transactionRent paid	0.10	₹69,000	₹34,000	0.01
Nikita Greentech Recycling Limited and Ashok Kumar BansalManaging Director	Any other transactionRent paid	0.10	₹64,000	₹32,000	0.01
Nikita Greentech Recycling Limited and Mithlesh BansalPromotor Group	Any other transactionRent paid	0.10	₹55,000	₹28,000	₹83,000
Nikita Greentech Recycling Limited and Divam MittalCompany Secretary & Compliance Officer	Any other transactionReimbursement of Expenses	0.01	₹32,000	0.00	0.00
Nikita Greentech Recycling Limited and Sudhir Kumar JainNon-Executive Independent Director	Any other transactionSitting Fees	0.10	₹23,000	₹45,000	0.00
Nikita Greentech Recycling Limited and Abhinav BansalPromotor	Any other transactionRent paid	0.10	₹13,000	0.00	₹13,000
Nikita Greentech Recycling Limited and Ayush BansalWhole-Time Director	Any other transactionRent paid	0.10	₹13,000	0.00	₹13,000
Nikita Greentech Recycling Limited and Akash GuptaNon-Executive Independent Director	Any other transactionSitting Fees	0.10	₹12,000	₹50,000	0.00
Nikita Greentech Recycling Limited and Sandhya BansalExecutive Director	Loan	10.00	0.00	0.18	0.18
Nikita Greentech Recycling Limited and Mithlesh BansalPromotor Group	Loan	10.00	0.00	0.00	0.00

The 25 largest of 33 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 filing has a part on fines and penalties: No
The filing has a part on tax disputes: No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere
Public IssuesJun 2025	67.54	To meet Capital expenditure towards setting up a Power Plant	50.00	50.00	No
Public IssuesJun 2025	67.54	To meet out the Working Capital requirements of the Company	5.00	5.00	No
Public IssuesJun 2025	67.54	To meet out the General Corporate Purposes	8.15	8.15	No
Public IssuesJun 2025	67.54	To meet out the Issue Expenses	4.39	4.39	No

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.