NTC Industries logo

NTC Industries MD, chairman, board of directors and AGM

NSE: NTCINDBSE: 526723Cigarettes & Tobacco ProductsSmall Cap

Last close ₹123.29down ₹9.09 (6.87%)BSE ₹123.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹132.38.

52-week range of BSE trades to 23 Oct 2026
₹122.40Low, 6 Jul 2026₹217.70High, 29 Jan 2026
Market cap
₹179 Cr2,289th largest listed
P/E
8.9
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
9.3%
ROCE
5.9%
Debt to equity
0.37
Volume, NSE
2,67584.5% delivered

NTC Industries 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

  • Managing directorAVIJIT MAITY
  • Company Secretary and Compliance OfficerTANYA BANSAL

6 directors3 independent2 executive1 non-executive

  • AVIJIT MAITY · Managing directorExecutive · joined Jan 2024 · 29 months as independent · 1 listed board
  • NIRAJ SINHANon-executive · joined Dec 2024 · 18 months as independent · 1 listed board · 2 committee seats
  • MOUMITA GHOSHIndependent · joined Dec 2024 · 18 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SAMPRATI KAMDARIndependent · joined Dec 2024 · 18 months as independent · 4 listed boards · 4 as independent
  • SHARAD KUMAR BACHHAWATIndependent · joined Jan 2024 · 29 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 5 as chair
  • TAPAN KUMAR CHAKRABORTYExecutive · joined May 2021 · 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.

3 directors who left
  • BINOD KUMAR ANCHALIA, left 23 Dec 2024: Others
  • PALLAB BHADRA, left 23 Dec 2024: Others
  • VEMBI KRISHNAMURTHY RADHA, left 23 Dec 2024: Others

Committees and meetings

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

  • Board

    • 26 May 20266 of 6 present3 independent · 10 days in between
    • 15 May 20266 of 6 present3 independent · 7 days in between
    • 7 May 20266 of 6 present3 independent · 33 days in between
    • 3 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair SHARAD KUMAR BACHHAWAT

    MOUMITA GHOSH, NIRAJ SINHA

    • 26 May 20266 of 6 present3 independent · 52 days in between
    • 3 Apr 20266 of 6 present3 independent
  • Nomination and remuneration committee

    Chair SHARAD KUMAR BACHHAWAT

    MOUMITA GHOSH, NIRAJ SINHA

    • 7 May 20266 of 6 present3 independent
  • Stakeholders Relationship Committee

    Chair MOUMITA GHOSH

    SHARAD KUMAR BACHHAWAT, NIRAJ SINHA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair NIRAJ SINHA

    MOUMITA GHOSH, AVIJIT MAITY

    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.

  • R.Rampuria & Co.Peer-review certificate valid to Dec 2028
1 earlier auditor
  • R. RAMPURUA & COMPANYNamed in filings from Mar 2025 to Mar 2026

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.

NTC Industries 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.NTC Industries dividend history

Annual general meeting, 25 Aug 2026

9,317 shareholders on the register on 18 Aug 2026; present: 0 promoters and 50 others; votes counted by Prachi Bhartia / Prachi Bhartia.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 year ended 31st March, 2026 together with the Report of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 21.69% · promoters 0.00% · institutions 0.00% · other public 54.24%

  2. To appoint a director in place of Mr. Tapan Kumar Chakraborty (DIN: 09175798) who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 21.69% · promoters 0.00% · institutions 0.00% · other public 54.24%

  3. To consider and approve the issuance of warrants convertible into Equity Shares on preferential basis to the Promoter Category
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 21.69% · promoters 0.00% · institutions 0.00% · other public 54.24%

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.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeCommissioner of Central ExciseSince 21 Apr 1997
    Company Appeal pending at CESTAT Kolkata
    At the filing before: Order in Original passed on 15-03-2019 confirming the duty demand of Rs 3131.80 Lakhs and Penalty amount Rs 135.81 Lakhs.
  • Tax disputeAssistant Commissioner, State Tax, Bureau of Investigation( South Bengal) Khargpur Zone ( GST)Since 27 Mar 2022
    WPA 6146 of 2022 filed in Calcutta High Court challenging the Appeal order is pending to be heard.
    At the filing before: Appeal Order passed by Joint Commisioner of Revenue, Kolkata North & 24 Pgns circle. Confirming the demand of GST penalty amount Rs 34,22,988/-

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
Yes
The board has a regular chairperson
No
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
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.