Oceanic Foods MD, chairman, board of directors and AGM
BSE: 540405Food ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹47.03.
- 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.
- ₹50 Cr3,175th 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 10 Aug 2026
- 6.8
- 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 May 2026
- 1.1
- 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 company's own balance sheet from before it began consolidating; the two agree where both are first on record. The filing of 10 Aug 2026
- 17.6%
- 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 10 Aug 2026
- 15.7%
- 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 May 2026
- 0.82
- Volume, BSEVolume. Shares traded on the last trading day.
- 6,179
Oceanic Foods 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
- Chairperson and managing directorAJESH VINODRAI PATEL
5 directors4 independent1 executive
- AJESH VINODRAI PATEL · Chairperson and managing directorExecutive · joined May 1993 · 1 listed board
- ABHISHEK NIRAJ NAGRECHAIndependent · joined Aug 2021 · 59 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SHERATHIYA PARITA HARDIKKUMARIndependent · joined Oct 2023 · 32 months as independent · 1 listed board · 1 as independent · 1 committee seat
- RAHUL HARESHBHAI MODIIndependent · joined Oct 2023 · 32 months as independent · 2 listed boards · 1 as independent · 2 committee seats, 1 as chair
- ANAND GAUTAMBHAI DAVEIndependent · joined Oct 2023 · 32 months as independent · 1 listed board · 1 as independent · 1 committee seat
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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 15 Jun 20265 of 5 present4 independent · 20 days in between
- 25 May 20265 of 5 present4 independent · 34 days in between
- 20 Apr 20265 of 5 present4 independent · 61 days in between
- 17 Feb 20265 of 5 present4 independent · 12 days in between
1 earlier meeting
- 4 Feb 20265 of 5 present4 independent
Audit Committee
Chair ABHISHEK NIRAJ NAGRECHA
ANAND GAUTAMBHAI DAVE, RAHUL HARESHBHAI MODI
- 15 Jun 20263 of 3 present3 independent · 20 days in between
- 25 May 20263 of 3 present3 independent · 96 days in between
- 17 Feb 20263 of 3 present3 independent · 12 days in between
- 4 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair SHERATHIYA PARITA HARDIKKUMAR
RAHUL HARESHBHAI MODI, ABHISHEK NIRAJ NAGRECHA
- 20 Apr 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair RAHUL HARESHBHAI MODI
SHERATHIYA PARITA HARDIKKUMAR, ABHISHEK NIRAJ NAGRECHA
- 20 Apr 20263 of 3 present3 independent
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.
- KAMLESH RATHOD & ASSOCIATESPeer-review certificate valid to Jul 2027
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.
Oceanic Foods 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.Oceanic Foods dividend history
Annual general meeting, 25 Sep 2026
1,743 shareholders on the register on 18 Sep 2026; present: 2 promoters and 18 others; votes counted by Nayan Pitroda / Pitroda Nayan & Co..The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited standalone and consolidated Financial Statements of the Company for the year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- To appoint a director in place of Mr. Ajesh Vinodrai Patel (DIN: 00083536), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- Approval for Increase in Limit of Borrowings under Section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- To give loans or to make investments and/or to give guarantees or to provide security under Section 186 of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- Re-Appointment of Mr. Abhishek Niraj Nagrecha (Independent Director) for a second term of five years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- To Re-appoint Mr. Ajesh Vinodrai Patel (DIN: 00083536) as a Chairman & Managing Director of the Company w.e.f. 24th December, 2026, for a period of three years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- Approval for Sale / Disposal / Lease of Undertaking(s) under Section 180(1)(a) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
- To Consider and Approve the Agreement with Julyys Foods for the Slump Sale of a Cold StorageSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.94% · promoters 100.00% · institutions 0.00% · other public 38.09%
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
- No
- 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.