Pasupati Acrylon logo

Pasupati Acrylon MD, chairman, board of directors and AGM

NSE: PASUPTACBSE: 500456Chemicals & PetrochemicalsSmall Cap

Last close ₹67.50down ₹2.10 (3.02%)BSE ₹67.49

Share price at the NSE close on 23 Oct 2026. Previous close ₹69.60.

52-week range of traded prices to 23 Oct 2026
₹40.41Low, 30 Mar 2026₹86.00High, 14 Oct 2026
Market cap
₹602 Cr1,879th largest listed
P/E
6.3
P/B
1.4
Dividend yield
Nonein the last 12 months
ROE
23.9%
ROCE
24.2%
Debt to equity
0.25
Volume, NSE
3,10,72250.6% delivered

Pasupati Acrylon 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 directorVINEET JAIN
  • Company Secretary and Compliance OfficerBharat Kapoor

6 directors4 independent2 executive

  • VINEET JAIN · Chairperson and managing directorExecutive · joined Oct 1994 · reappointed Oct 2022 · 1 listed board · 1 committee seat
  • SATYA PRAKASH GUPTAExecutive · joined May 2018 · reappointed May 2024 · 1 listed board · 2 committee seats
  • KAMLESH GUPTAIndependent · joined Jul 2020 · reappointed Nov 2023 · 74 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
  • RAJ GANESH VISWANATHANIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SANJIV NAIRIndependent · joined Sep 2025 · reappointed Sep 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SUDHIR AGARWALIndependent · joined Sep 2025 · reappointed Sep 2025 · 13 months as independent · 2 listed boards · 2 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.

2 directors who left
  • DEVESHWER KUMAR KAPILA, left 18 Sep 2025: Tenure Completion
  • SUBHASH CHANDRA MALIK, left 18 Sep 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 7 Aug 20266 of 6 present4 independent · 73 days in between
    • 25 May 20266 of 6 present4 independent

  • Audit Committee

    Chair RAJ GANESH VISWANATHAN

    SUDHIR AGARWAL, SANJIV NAIR, KAMLESH GUPTA, SATYA PRAKASH GUPTA

    • 7 Aug 20265 of 5 present4 independent · 73 days in between
    • 25 May 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair SANJIV NAIR

    SUDHIR AGARWAL, KAMLESH GUPTA

    • 25 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair KAMLESH GUPTA

    VINEET JAIN, SATYA PRAKASH GUPTA

    • 30 Sep 20263 of 3 present1 independent · 53 days in between
    • 7 Aug 20263 of 3 present1 independent · 20 days in between
    • 17 Jul 20263 of 3 present1 independent · 31 days in between
    • 15 Jun 20263 of 3 present1 independent · 60 days in between
    1 earlier meeting
    • 15 Apr 20263 of 3 present1 independent

  • Risk Management Committee

    Chair SANJIV NAIR

    SUDHIR AGARWAL, KAMLESH GUPTA, SATYA PRAKASH GUPTA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair RAJ GANESH VISWANATHAN

    SATYA PRAKASH GUPTA, VINEET JAIN

    • 18 Aug 20263 of 3 present1 independent · 84 days in between
    • 25 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.

  • B.K. Shroff & Co.Peer-review certificate valid to Feb 2029

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.

Pasupati Acrylon 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.Pasupati Acrylon share news and announcements

Annual general meeting, 9 Sep 2026

63,786 shareholders on the register on 2 Sep 2026; present: 8 promoters and 30 others; votes counted by Susanta Kumar Hota / S. K. Hota & Associates.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 31st March, 2026 together with Reports of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.22%

    Turnout: all 60.95% · promoters 92.37% · institutions 0.00% · other public 0.32%

  2. Re-appointment of Mr. Satya Prakash Gupta (DIN: 00509809) as a Director, who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.07%

    Turnout: all 60.95% · promoters 92.37% · institutions 0.00% · other public 0.32%

  3. Ratification of the remuneration payable to Cost Auditors for the financial year 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.22%

    Turnout: all 60.95% · promoters 92.37% · institutions 0.00% · other public 0.32%

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, 18 Sep 2025, 6 resolutions

65,579 shareholders on the register on 11 Sep 2025; present: 11 promoters and 30 others; votes counted by Susanta Kumar Hota / S. K. Hota & Associates.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 31st March, 2025 together with Reports of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 61.10% · promoters 92.37% · institutions 0.00% · other public 0.74%

  2. Re-appointment of Mr. Satya Prakash Gupta (DIN: 00509809) as a Director, who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.08%

    Turnout: all 61.10% · promoters 92.37% · institutions 0.00% · other public 0.74%

  3. Appointment of Mr. Sudhir Agarwal (DIN: 08602216) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 61.10% · promoters 92.37% · institutions 0.00% · other public 0.74%

  4. Appointment of Mr. Sanjiv Nair (DIN: 08005379) as a Non-Executive Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 61.10% · promoters 92.37% · institutions 0.00% · other public 0.74%

  5. Appointment of M/s. Mehak Gupta & Associates, Practicing Company Secretary as Secretarial Auditor of the Company for a term of 5 (Five) consecutive years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 61.10% · promoters 92.37% · institutions 0.00% · other public 0.74%

  6. Ratification of the remuneration payable to Cost Auditors for the financial year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 61.10% · promoters 92.37% · institutions 0.00% · other public 0.74%

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, 28 Sep 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Raj Ganesh Viswanathan (DIN: 03558616) as a Non–Executive Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.42%

    Turnout: all 42.37% · promoters 63.67% · institutions 7.73% · other public 1.10%

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, 21 Aug 2024, 5 resolutions

Present: 11 promoters and 26 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 31st March, 2024 together with Reports of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.62%

    Turnout: all 61.08% · promoters 92.37% · institutions 7.33% · other public 0.51%

  2. Re-appointment of Mr. Satya Prakash Gupta (DIN: 00509809) as a Director, who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.62%

    Turnout: all 61.08% · promoters 92.37% · institutions 7.33% · other public 0.51%

  3. Re-appointment of Mr. Satya Prakash Gupta (DIN: 00509809) as a Whole Time Director of the Company for a further period of three years w.e.f 29th May, 2024 and payment of his remuneration for the aforesaid period.MoreLess
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.62%

    Turnout: all 61.08% · promoters 92.37% · institutions 7.33% · other public 0.51%

  4. Approval for continuation of term of Mr. Subhash Chandra Malik (DIN: 00107170) as a Non-Executive Independent Director after attaining the age of 75 years in his current tenure.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.28%

    Turnout: all 61.08% · promoters 92.37% · institutions 7.33% · other public 0.51%

  5. Ratification of the remuneration payable to Cost Auditors for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 61.08% · promoters 92.37% · institutions 7.33% · other public 0.51%

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, 29 Sep 2023, 4 resolutions

Present: 11 promoters and 31 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 31st March, 2023 together with Reports of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 60.96% · promoters 92.37% · institutions 0.00% · other public 0.34%

  2. Re-appointment of Mr. Satya Prakash Gupta (DIN: 00509809) as a Director, who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.65%

    Turnout: all 60.96% · promoters 92.37% · institutions 0.00% · other public 0.34%

  3. Re-appointment of Mrs. Kamlesh Gupta (DIN - 07243898) as an Independent Director of the Company for second term of five years with effect from 13th November, 2023.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.55%

    Turnout: all 60.96% · promoters 92.37% · institutions 0.00% · other public 0.34%

  4. Ratification of the remuneration payable to Cost Auditors for the financial year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 60.96% · promoters 92.37% · institutions 0.00% · other public 0.34%

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, 29 Sep 2022, 11 resolutions

Present: 11 promoters and 29 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 March 31, 2022 together with Reports of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.97%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  2. Re-appointment of Mr. Satya Prakash Gupta (DIN: 00509809) as a Director, who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.10%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  3. Appointment of M/s B.K. Shroff & Co., Chartered Accountants (Firm Registration No. 302166E), as Statutory Auditors of the Company and fixation of their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.15%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  4. Re-appointment of Mr. Vineet Jain (DIN - 00107149) as Managing Director of the Company for a further period of five years with effect from 1st October, 2022 and fixation of his remuneration.
    SpecialPromoters have an interest in it
    96.81% for3.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.19%

    Turnout: all 0.14% · promoters 0.00% · institutions 0.00% · other public 0.44%

  5. Revision in the remuneration of Mr. Satya Prakash Gupta, Whole Time Director (DIN - 00509809) of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.20%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  6. Alteration/amendment in the Object Clauses of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.07%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  7. Alteration/amendment in the Liability Clause of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.12%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  8. Adoption of new set of Articles of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.11%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  9. Increase in the borrowing limits of the Company under Section 180(1)(c) of the Companies Act, 2013 upto Rs. 500 Crores or aggregate of the paid-up share capital, free reserves and securities premium, whichever is higher.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.11%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  10. Approval for creation of charge/mortgage on the properties/assets of the Company under Section 180(1)(a) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.22%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

  11. Ratification of the remuneration payable to Cost Auditors for the financial year 2022-23.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.97%

    Turnout: all 60.31% · promoters 91.34% · institutions 0.00% · other public 0.44%

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, 3 Apr 2022, 2 resolutions

The company's voting result (opens in a new tab)

  1. To Increase in Borrowing limits upto Rs. 350 Crores or aggregate of the paid-up share capital, free reserves and securities premium whichever is higher.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.24%

    Turnout: all 41.39% · promoters 62.64% · institutions 0.00% · other public 0.37%

  2. To Create Charges on the movable and immovable properties of the Company, both present and future, in respect of borrowings of the Company.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.42%

    Turnout: all 41.39% · promoters 62.64% · institutions 0.00% · other public 0.37%

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 disputeCommissioners Central Excise ( Moradabad)Since 17 Dec 2009
    Not Heard so far
    At the filing before: The Company had utilized CENVAT Credit for payment of Service Tax involving amount of Rs. 11.39 Lakh but the Service Tax Department did not allow the same. Being aggrived, the company preferred an Appeal before CESTAT and CESTAT has allowed the Appeal in favor of the company vide its order dated 30.03.2012. Department has filed an appeal before the Honbl'e Allahabad High Court.MoreLess
  • Tax disputeCommissioner of Custom - Jawaharlal Nehru Custom House ("JNPT"), MumbaiSince 8 Aug 2016
    Matter not listed for hearing so far
    At the filing before: The Company had received Showcause Notice from Directorate of Revenue Intelligence regarding evasion of custom duty in respect of two DEPB Licence involving Value of Rs. 9,31,779/- & 4,95,211/- respectively) on 06.03.2014. Addl, Commissioner- Custom JNPT passed order against the Company confirming demand of Rs. 14.27 Lakh for Custom duty and Rs. 2.15 Lakhs for Penalty. The Company has filed an appeal before CESTAT, Mumbai on 08.08.2016.MoreLess
  • Tax disputeCommissioners Central Excise, Service Tax MoradabadSince 6 Mar 2019
    Next hearing to be fixed
    At the filing before: The Company had received Show Cause Notice on 10.02.2019 from Service Tax department regarding non payment of Service tax (Rs. 76.59 Lakh) on ocean Freight paid by foreign suppliers on the Company's imports under RCM. However, the Company has filed Writ Petition against the said Show Cause Notice before Allahabad High Court on 06.03.2019.MoreLess
  • Tax disputeAdditional Director General Adjudication (Delhi)Since 24 Jul 2018
    Matter not listed so far
    At the filing before: The Company has received summon from Directorate of Revenue Intelligence, Kolkata regarding evasion of custom duty paid through DEPB License and has confirmed the demand of Rs. 11.47 Lakhs for Custom Duty + Rs. 11.47 Lakhs for Penalty and Rs. 11.47 Lakhs for Interest . Being aggrived, the company filed an Appeal before CESTAT but CESAT passed the order against us on 16.01.2020. Now company has filed an Appeal before the Delhi High Court in November, 2020MoreLess

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

At most 1 complaint open, quarter to Sep 2025.
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
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.