Pashupati Cotspin MD, chairman, board of directors and AGM
NSE: PASHUPATIBSE: 544448Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹99.31.
- Under NSE's short-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹1,646 Cr1,304th 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 5 Aug 2026
- 105.2
- 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 30 May 2026
- 10.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.05%
- 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 filing of 5 Aug 2026
- 9.8%
- 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 5 Aug 2026
- 9.5%
- 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 30 May 2026
- 0.60
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 27,18,90141.9% delivered
Pashupati Cotspin 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 directorSAURIN JAGADISHBHAI PARIKH
- Company Secretary and Compliance OfficerKratika Soni
6 directors3 independent2 executive1 non-executive
- SAURIN JAGADISHBHAI PARIKH · Chairperson and managing directorExecutive · joined Jul 2017 · reappointed Jul 2025 · 2 listed boards · 1 as independent · 1 committee seat
- TUSHAR TRIVEDIExecutive · joined Jul 2017 · reappointed Jul 2025 · 1 listed board · 1 committee seat
- DAKSHESH JAYANTILAL PATELNon-executive · joined Jul 2017 · 1 listed board · 1 committee seat
- SANDIP ASHWINBHAI PARIKHIndependent · joined Jul 2017 · reappointed Jul 2022 · 110 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- SHEELA KIRTANKUMAR ROYIndependent · joined Jul 2017 · reappointed Jul 2022 · 110 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RIPPLE JAMNADAS PATELIndependent · joined Apr 2025 · 17 months as independent · 1 listed board · 1 as independent
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
- 3 Sep 20266 of 6 present3 independent · 19 days in between
- 14 Aug 20266 of 6 present3 independent · 8 days in between
- 5 Aug 20266 of 6 present3 independent · 11 days in between
- 24 Jul 20266 of 6 present3 independent · 55 days in between
1 earlier meeting
- 29 May 20266 of 6 present3 independent
Audit Committee
Chair SANDIP ASHWINBHAI PARIKH
SHEELA KIRTANKUMAR ROY, SAURIN JAGADISHBHAI PARIKH
- 3 Sep 20263 of 3 present2 independent · 19 days in between
- 14 Aug 20263 of 3 present2 independent · 8 days in between
- 5 Aug 20263 of 3 present2 independent · 67 days in between
- 29 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHEELA KIRTANKUMAR ROY
DAKSHESH JAYANTILAL PATEL, SANDIP ASHWINBHAI PARIKH
- 3 Sep 20263 of 3 present2 independent · 28 days in between
- 5 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SHEELA KIRTANKUMAR ROY
DAKSHESH JAYANTILAL PATEL, TUSHAR TRIVEDI
- 5 Aug 20263 of 3 present1 independent · 67 days in between
- 29 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair SAURIN JAGADISHBHAI PARIKH
SHEELA KIRTANKUMAR ROY, TUSHAR TRIVEDI
- 5 Aug 20263 of 3 present1 independent · 67 days in between
- 29 May 20263 of 3 present1 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.
- Mahendra N. Shah & Co.Peer-review certificate valid to May 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.
Pashupati Cotspin 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.Pashupati Cotspin dividend history
Annual general meeting, 30 Sep 2026
2,234 shareholders on the register on 23 Sep 2026; present: 11 promoters and 8 others; votes counted by NISARG SHARMA / M/S NISARG SHARMA & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt - the Standalone audited Financial Statement of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon; - the Consolidated audited Financial Statement of the Company for the financial year ended March 31, 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 65.84% · promoters 99.75% · institutions 0.01% · other public 0.05%
To declare a Final Dividend of ₹0.05/- (Five Paisa only) per equity share having face value of Re.1/- each (i.e. 5% on the paid-up equity share capital) for the financial year ended March 31, 2026, as recommended by the Board of DirectorsMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.84% · promoters 99.75% · institutions 0.01% · other public 0.05%
- To appoint a director in place of Mr. Tushar Trivedi (DIN: 06438707) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.84% · promoters 99.75% · institutions 0.01% · other public 0.05%
- To ratify the remuneration of Cost Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.84% · promoters 99.75% · institutions 0.01% · other public 0.05%
- To approve the appointment of M/S. Nisarg Sharma & Associates, Company Secretaries (C.P. No.: 17088) as Secretarial Auditor of the Company for a First Term of Five YearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.84% · promoters 99.75% · institutions 0.01% · other public 0.05%
- To approve the Material Related Party Transactions to be entered into by the company with R.V Enterprise for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with PCI Cottex Export LLP (formerly known as Pashupati Cottex Export LLP) for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with Pashupati Texspin Export LLP for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
To approve the material related party transaction(s) proposed to be entered into by Pashupati Cotyarn LLP, subsidiary of the Company, with PCI Cottex Export LLP (formerly known as Pashupati Cottex Export LLP) during the financial year 2026-27MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with Pashupati Cotyarn LLP for the FY 2027-28OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with Pashupati Texspin Export LLP for the FY 2027-28OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with R.V. Enterprise for the FY 2027-28OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with Pashupati Cotton Industries for the FY 2027-28OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
- To approve the material related party transactions to be entered into by the Company with PCI Cottex Export LLP (formerly known as Pashupati Cottex Export LLP) for the FY 2027-28OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
To approve the material related party transaction(s) proposed to be entered into by Pashupati Cotyarn LLP, subsidiary of the Company, with PCI Cottex Export LLP (formerly known as Pashupati Cottex Export LLP) during the financial year 2027-28MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
To approve the material related party transaction(s) proposed to be entered into by Pashupati Cotyarn LLP, subsidiary of the Company, with Pashupati Texspin Export LLP during the financial year 2027-28MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.01% · promoters 0.00% · institutions 0.01% · other public 0.05%
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.
Postal ballot, 29 Mar 2026, 2 resolutions
646 shareholders on the register on 20 Feb 2026; votes counted by CS Janki Shah / M/s. SJV & Associates.The company's voting result (opens in a new tab)
- APPROVAL FOR SUB-DIVISION OF EQUITY SHARES OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 46.98% · promoters 70.84% · institutions 0.00% · other public 1.11%
- AMENDMENT OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 46.98% · promoters 70.84% · institutions 0.00% · other public 1.11%
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, 13 resolutions
791 shareholders on the register on 23 Sep 2025; present: 11 promoters and 6 others; votes counted by Ms. Janki Shah / M/s. SJV & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt - the Standalone audited Financial Statement of the Company for the financial year ended March 31, 2025,and the reports of the Board of Directors and Auditors thereon; - the Consolidated audited Financial Statement of the Company for the financial year ended March 31, 2025, 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 47.01% · promoters 70.84% · institutions 0.00% · other public 1.29%
- To appoint a director in place of Mr. Saurin Jagdish Bhai Parikh (DIN: 02136530) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 47.01% · promoters 70.84% · institutions 0.00% · other public 1.29%
- To declare Final Dividend of Rs. 0.50 (Fifty Paisa Only) (5.00%) per equity share for the Financial Year ended March 31, 2025, as recommended by the Board of DirectorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 47.01% · promoters 70.84% · institutions 0.00% · other public 1.29%
- To ratification of remuneration of Cost Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 47.01% · promoters 70.84% · institutions 0.00% · other public 1.29%
- To approve the appointment of M/S. SJV & Associates, Company Secretaries (C.P. No.: 10836) as Secretarial Auditor of the Company for a First Term of Five YearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 47.01% · promoters 70.84% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions to be entered into by the company with Pashupati Cotton Industries for the FY 2025-26OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions to be entered into by the company with Pashupati Cotyarn LLP for the FY 2025-26OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions to be entered into by the company with Pashupati Texspin Export LLP for the FY 2025-26OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the material related party transactions to be entered into by the company with Pashupati Cotton Industries for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions to be entered into by the company with Pashupati Cotyarn LLP for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions to be entered into by the company with Pashupati Texspin Export LLP for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions to be entered into by the company with R V Enterprise for the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
- To approve the Material Related Party Transactions proposed to be entered into by the Pashupati Cotyarn LLP subsidiary of the company with Pashupati Texspin Export LLP during the FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.27% · promoters 0.00% · institutions 0.00% · other public 1.29%
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.
Postal ballot, 8 May 2025, 2 resolutions
1,065 shareholders on the register on 4 Apr 2025; votes counted by Ms. Mittalben Vaikunthbhai Kothari / M/s Mittal V Kothari & Associates.The company's voting result (opens in a new tab)
TO APPROVE THE MIGRATION OF LISTING/TRADING OF EQUITY SHARES OF THE COMPANY FROM EMERGE PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (‘NSE’) TO MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (‘NSE’) AS WELL AS ON MAIN BOARD OF BSE LIMITED (‘BSE’)MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.26% · promoters 0.00% · institutions 0.00% · other public 1.18%
- TO APPROVE THE APPOINTMENT OF MR. RIPPLE JAMNADAS PATEL (DIN:00578651) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A PERIOD OF 5 (FIVE) YEARSSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 47.00% · promoters 70.84% · institutions 0.00% · other public 1.18%
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.
Postal ballot, 24 Apr 2025, 7 resolutions
802 shareholders on the register on 14 Mar 2025; votes counted by Ms. Janki Shah / M/s. SJV & Associates.The company's voting result (opens in a new tab)
- AUTHORIZING BOARD TO GRANT LOANS AND ADVANCES UNDER SECTION 185 OF THE COMPANIES ACT, 2013 TO ENTITY IN WHOM DIRECTOR/S IS/ARE INTERESTED:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.19% · promoters 100.00% · institutions 0.00% · other public 24.11%
- TO APPROVE RELATED PARTY TRANSACTIONS TO BE ENTERED BY THE COMPANY WITH M/S PASHUPATI COTYARN LLP (FORMERLY KNOWN AS PASHUPATI OIL INDUSTRIES)OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.20% · promoters 0.00% · institutions 0.00% · other public 24.11%
- TO APPROVE RELATED PARTY TRANSACTIONS TO BE ENTERED BY THE COMPANY WITH R V ENTERPRISEOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.20% · promoters 0.00% · institutions 0.00% · other public 24.11%
- TO APPROVE RELATED PARTY TRANSACTIONS TO BE ENTERED BY THE COMPANY WITH M/S PASHUPATI TEXSPIN EXPORT LLP (FORMERLY KNOWN AS SHREE PASHUPATI FABRIC LLP)OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.20% · promoters 0.00% · institutions 0.00% · other public 24.11%
- TO APPROVE RELATED PARTY TRANSACTIONS TO BE ENTERED BY THE COMPANY WITH PASHUPATI COTTEX EXPORT LLP (FORMERLY KNOWN AS PASHUPATI FASHION LLP)OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.20% · promoters 0.00% · institutions 0.00% · other public 24.11%
- TO APPROVE RE-APPOINTMENT OF MR. SAURIN JAGDISH BHAI PARIKH (DIN: 02136530) AS A MANAGING DIRECTOR OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.19% · promoters 100.00% · institutions 0.00% · other public 24.11%
- TO APPROVE RE-APPOINTMENT OF MR. TUSHAR RAMESHCHANDRA TRIVEDI (DIN: 06438707) AS A WHOLE-TIME DIRECTOR OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.19% · promoters 100.00% · institutions 0.00% · other public 24.11%
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, 4 resolutions
Present: 9 promoters and 2 others.The company's voting result (opens in a new tab)
To receive, consider and adopt na) the Standalone audited Financial Statement of the Company for the financial year ended March 31, 2024, and the reports of the Board of Directors and Auditors thereon; nb) the Consolidated audited Financial Statement of the Company for the financial year ended March 31, 2024, and the reports of the Board of Directors and Auditors thereonnMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.93% · promoters 93.95% · institutions 0.00% · other public 27.15%
- To appoint a Director in place of Mr. Dakshesh Jayantilal Patel (DIN: 07859419) who retires by rotation and being eligible, offers himself for re-appointmentnOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.93% · promoters 93.95% · institutions 0.00% · other public 27.15%
- To declare Final Dividend of Rs. 0.75 (Seventy Five Paisa Only) (7.5%) per equity share for the Financial Year ended March 31, 2024 as recommended by the Board of DirectorsnOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.93% · promoters 93.95% · institutions 0.00% · other public 27.15%
- Ratification of Remuneration of Cost Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.93% · promoters 93.95% · institutions 0.00% · other public 27.15%
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.
Postal ballot, 7 Sep 2024, 2 resolutions
The company's voting result (opens in a new tab)
- TO APPROVE INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANY ANDnMAKE CONSEQUENT ALTERATION IN CLAUSE V OF THE MEMORANDUM OFnASSOCIATION OF THE COMPANY:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.44% · promoters 67.55% · institutions 0.00% · other public 27.15%
- TO RAISE CAPITAL BY WAY OF A QUALIFIED INSTITUTIONS PLACEMENT TOnELIGIBLE INVESTORS THROUGH ISSUANCE OF EQUITY SHARES:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.44% · promoters 67.55% · institutions 0.00% · other public 27.15%
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, 30 Sep 2023, 5 resolutions
Present: 8 promoters and 4 others.The company's voting result (opens in a new tab)
To receive, consider and adoptna) the Standalone audited Financial Statement of the Company for the financial year endednMarch 31, 2023, and the reports of the Board of Directors and Auditors thereon;nb) the Consolidated audited Financial Statement of the Company for the financial year endednMarch 31, 2023, 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 74.12% · promoters 90.32% · institutions 0.00% · other public 30.24%
- To appoint a director in place of Mr. Tushar Ramesh Chandra Trivedi (DIN: 06438707) whonretires 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 74.12% · promoters 90.32% · institutions 0.00% · other public 30.24%
- To declare Final Dividend of Rs. 0.75 (Seventy Five Paisa Only) (7.5%) per equity share for thenFinancial Year ended March 31, 2023 as recommended by the Board of Directors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.12% · promoters 90.32% · institutions 0.00% · other public 30.24%
- To appoint M/s. Mahendra N. Shah & Co. (FRN: 105775W), Chartered Accountants as statutorynauditors of the Company and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.12% · promoters 90.32% · institutions 0.00% · other public 30.24%
- Ratification of Remuneration of Cost Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.12% · promoters 90.32% · institutions 0.00% · other public 30.24%
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 Sep 2026.
- Tax disputeCommissioner (Appeals), central GSTSince 21 May 2024
During the quarter, the Company received an order dated September 14, 2026, whereby the Appellate Authority set aside both the tax demands along with the consequential interest and penalty. Accordingly, the appeal was allowed and disposed of in favour of the Company.MoreLess
At the filing before: The Company has filed an appeal against the Demand order of Tax being payable and Penalty, both recoverable in terms of Section 74 of the Act and interest to be recovered u/s. 50(1) of the CGST Act
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
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| QIPOct 2024 | – | Working Capital Requirement | – | – | No |
| QIPOct 2024 | – | General Corporate Purpose | – | – | No |