Paras Petrofils logo

Paras Petrofils MD, chairman, board of directors and AGM

NSE: PARASPETROBSE: 521246FinanceSmall Cap

Last close ₹1.92down ₹0.05 (2.54%)BSE ₹1.98

Share price at the NSE close on 23 Oct 2026. Previous close ₹1.97.

52-week range of traded prices to 23 Oct 2026
₹1.53Low, 14 Jan 2026₹3.23High, 2 Feb 2026
Market cap
₹64 Cr3,141st largest listed
P/E
Lossover the last 12 months
P/B
3.2
Dividend yield
Nonein the last 12 months
ROE
−2.1%
ROCE
−9.5%
Debt to equity
0.00
Volume, NSE
1,79,19174.1% delivered

Paras Petrofils board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.

  • ChairpersonPiyush Khatod
  • Company Secretary and Compliance OfficerPRATIBHA BHUTRA

6 directors2 independent1 executive3 non-executive

  • Sanjay Jayant BhattNon-executive · joined Feb 2021 · 1 listed board
  • Rupesh PachoriIndependent · joined Feb 2024 · 29 months as independent · 1 listed board · 1 as independent
  • Piyush Khatod · ChairpersonIndependent · joined Feb 2024 · 29 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Madhuben Shankarbhai RathodNon-executive · joined Sep 2020 · 1 listed board
  • Deepak Kishorchandra VaidyaExecutive · joined Aug 2018 · 1 listed board · 2 committee seats
  • Jayprakashan Padmanabhan NairNon-executive · joined Jul 2024 · reappointed Sep 2024 · 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.

Committees and meetings

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

  • Board

    • 30 May 20266 of 6 present2 independent · 49 days in between
    • 10 Apr 20266 of 6 present2 independent · 54 days in between
    • 14 Feb 20266 of 6 present2 independent
  • Audit Committee

    Chair Rupesh Pachori

    Piyush Khatod, Deepak Kishorchandra Vaidya

    • 30 May 20263 of 3 present2 independent · 104 days in between
    • 14 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Rupesh Pachori

    Piyush Khatod, Madhuben Shankarbhai Rathod

    1 meeting of 2 without a quorum

    • 30 May 20263 of 3 present2 independent
    • 14 Feb 20263 of 3 present2 independent · quorum not met
  • Stakeholders Relationship Committee

    Chair Rupesh Pachori

    Piyush Khatod, Deepak Kishorchandra Vaidya

    • 30 May 20263 of 3 present2 independent · 104 days in between
    • 14 Feb 20263 of 3 present2 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.

  • R M R & Co.Peer-review certificate valid to Oct 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.

Paras Petrofils 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.Paras Petrofils share news and announcements

Annual general meeting, 29 Sep 2026

92,245 shareholders on the register on 18 Sep 2026; present: 58 promoters and 2 others; votes counted by CS Mohan Baid / M D Baid & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on 31st March, 2026 including the audited Balance Sheet as at 31st March, 2026, Profit and Loss Statement for the financial year ended on that date together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.27%

    Turnout: all 23.89% · promoters 59.34% · institutions 0.00% · other public 0.02%

  2. To appoint a director in place of Mr. Sanjay Jayant Bhatt (DIN: 09075125), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers him for reappointment.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.55%

    Turnout: all 23.89% · promoters 59.34% · institutions 0.00% · other public 0.02%

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 2025, 4 resolutions

94,757 shareholders on the register on 19 Sep 2025; present: 112 promoters and 94,697 others; votes counted by MOHAN D BAID / M D BAID & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on 31st March, 2025 including the audited Balance Sheet as at 31st March, 2025, Profit and Loss Statement for the financial year ended on that date together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 24.13% · promoters 59.85% · institutions 0.00% · other public 0.12%

  2. To appoint a director in place of Mr. Deepak Kishorchandra Vaidya (DIN: 08201304), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers him for re-appointment.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.83%

    Turnout: all 24.13% · promoters 59.85% · institutions 0.00% · other public 0.12%

  3. To appoint a director in place of Mr. Jayprakashan Padmanabhan Nair (DIN: 10699010), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers him for re-appointment.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.06%

    Turnout: all 24.13% · promoters 59.85% · institutions 0.00% · other public 0.12%

  4. To appoint Secretarial Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.65%

    Turnout: all 24.13% · promoters 59.85% · institutions 0.00% · other public 0.12%

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 2024, 5 resolutions

Present: 7 promoters and 33 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.69%

    Turnout: all 3.87% · promoters 8.86% · institutions 0.00% · other public 0.12%

  2. To appoint a director in place of Ms. Madhuben Shankarbhai Rathod (DIN: 08861595), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers him for re-appointment.MoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.83%

    Turnout: all 3.87% · promoters 8.86% · institutions 0.00% · other public 0.12%

  3. Appointment of Mr. Rupesh Pachori as an Non-Executive Independent Director of the Company for period of 5 years
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.58%

    Turnout: all 3.87% · promoters 8.86% · institutions 0.00% · other public 0.12%

  4. Appointment of Mr. Piyush Khatod as an Non-Executive Independent Director of the Company for period of 5 years
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.58%

    Turnout: all 3.87% · promoters 8.86% · institutions 0.00% · other public 0.12%

  5. Appointment of Mr. Jayprakashan Padmanabhan Nair as an Non-Executive Director of the Company
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.58%

    Turnout: all 3.87% · promoters 8.86% · institutions 0.00% · other public 0.12%

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, 3 resolutions

Present: 7 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company
    Ordinary
    99.54% for0.46% against

    Against: promoters 0.00% · institutions 0.00% · other public 32.83%

    Turnout: all 5.45% · promoters 12.54% · institutions 0.00% · other public 0.13%

  2. To appoint a director in place of Mr. Sanjay Jayant Bhatt (DIN: 09075125), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers him for re-appointment.MoreLess
    Ordinary
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.34%

    Turnout: all 5.45% · promoters 12.54% · institutions 0.00% · other public 0.13%

  3. Re-appointment of Mr Deepak K Vaidya (DIN:08201304) as whole time director of the Company with effect from September 30, 2023 for period of 5 years
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.96%

    Turnout: all 5.45% · promoters 12.54% · institutions 0.00% · other public 0.13%

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 2021, 4 resolutions

Present: 5 promoters and 38 others.The company's voting result (opens in a new tab)

  1. ¿Adoption of financial statements
    Ordinary
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.00%

    Turnout: all 0.43% · promoters 0.87% · institutions 0.00% · other public 0.15%

  2. Appoint a director in place of Ms. Madhuben Shankarbhai Rathod(DIN: 08861595)
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.66%

    Turnout: all 0.43% · promoters 0.87% · institutions 0.00% · other public 0.15%

  3. To regularization/appointment of Mr. Kailashdan Charan (DIN: 09075056) as director of the Company¿
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.66%

    Turnout: all 0.43% · promoters 0.87% · institutions 0.00% · other public 0.15%

  4. To regularization/appointment of Mr. Sanjay Jayant Bhatt (DIN: 09075125) as director of the Company¿
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.66%

    Turnout: all 0.43% · promoters 0.87% · institutions 0.00% · other public 0.15%

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, 17 Dec 2020, 3 resolutions

Present: 26 promoters and 18 others.The company's voting result (opens in a new tab)

  1. Considered and adopted the “Audited Financial Statements” of the Company for the year ended on 31st March, 2020 together with the Report of the Directors’ and Auditors’ thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 10.13% · promoters 25.73% · institutions 0.00% · other public 0.04%

  2. Re-Appointment of Mr. Deepak Kishorchandra Vaidya (DIN: 08201304), as Director, who shall be liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 10.13% · promoters 25.73% · institutions 0.00% · other public 0.04%

  3. Regularization/Appointment of Ms. Madhuben Shankarbhai Rathod (DIN: 08861595) as director of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 10.13% · promoters 25.73% · institutions 0.00% · other public 0.04%

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, 25 Sep 2019, 2 resolutions

Present: 22 promoters and 8 others.The company's voting result (opens in a new tab)

  1. Considered and adopted the “Standalone Audited Financial Statements” of the Company for the year ended on 31st March, 2019 together with the Report of the Directors’ and Auditors’ thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 11.62% · promoters 29.56% · institutions 0.00% · other public 0.00%

  2. Re-Appointment of Ms. Usha Ashok Kumar Jain (DIN: 01545905) as Director retiring by rotation
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 14.78% · promoters 29.56% · 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, 28 Sep 2018, 4 resolutions

Present: 31 promoters and 4 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2018 together with the reports of the Auditor’s and Directors’ thereon
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.35%

    Turnout: all 14.39% · promoters 36.37% · institutions 0.00% · other public 0.16%

  2. To appoint a Director in place of Ms. Usha Ashokkumar Jain (DIN: 01545905), who retires by rotation, and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.35%

    Turnout: all 13.47% · promoters 34.02% · institutions 0.00% · other public 0.16%

  3. Appointment of Mr. Chetankumar Manubhai Sharma (DIN: 08159657) as a Non-Executive Independent Director
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.35%

    Turnout: all 14.39% · promoters 36.37% · institutions 0.00% · other public 0.16%

  4. Appointment of Mr. Deepak Kishorchandra Vaidya as Whole Time Director
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.35%

    Turnout: all 14.39% · promoters 36.37% · institutions 0.00% · other public 0.16%

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

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
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.