Piccadily Agro Industries logo

Piccadily Agro Industries CEO, MD, chairman, board of directors and AGM

NSE: PICCADILBSE: 530305BeveragesSmall Cap

Last close ₹540.60down ₹10.20 (1.85%)BSE ₹541.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹550.80.

52-week range of traded prices to 23 Oct 2026
₹515.00Low, 9 Mar 2026₹809.70High, 11 Aug 2026
Market cap
₹5,329 Cr741st largest listed
P/E
37.9
P/B
5.9
Dividend yield
0.19%
ROE
17.8%
ROCE
14.7%
Debt to equity
0.59
Volume, NSE
3,38,07245.0% delivered

Piccadily Agro Industries 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 directorHarvinder Singh Chopra
  • Chief executiveDharmendra Kumar Batra
  • Company Secretary and Compliance OfficerNIRAJ KUMAR SEHGAL

6 directors3 independent2 executive1 non-executive

  • Harvinder Singh Chopra · Chairperson and managing directorExecutive · joined Jan 1995 · reappointed Aug 2026 · 12 months as independent · 1 listed board · 1 committee seat
  • Jai Parkash KaushikNon-executive · joined Nov 2011 · 1 listed board · 1 committee seat, 1 as chair
  • Heena Gera · Shareholder DirectorIndependent · joined Dec 2019 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Dharmendra Kumar Batra · Chief executiveExecutive · joined Jun 2021 · reappointed Jun 2026 · 12 months as independent · 1 listed board · 1 committee seat
  • Rajeev Kumar Sanger · Shareholder DirectorIndependent · joined Jun 2022 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Rajan Talwar · Shareholder DirectorIndependent · joined May 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

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

    • 18 Aug 20266 of 6 present3 independent · 6 days in between
    • 11 Aug 20266 of 6 present3 independent · 42 days in between
    • 29 Jun 20265 of 6 present3 independent · 61 days in between
    • 28 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair Rajan Talwar

    Harvinder Singh Chopra, Rajeev Kumar Sanger

    • 11 Aug 20263 of 3 present2 independent · 104 days in between
    • 28 Apr 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Rajeev Kumar Sanger

    Jai Parkash Kaushik, Heena Gera

    • 27 Jun 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair Jai Parkash Kaushik

    Dharmendra Kumar Batra, Heena Gera

    • 15 Sep 20262 of 3 present1 independent · 147 days in between
    • 20 Apr 20262 of 3 present1 independent
  • Risk Management Committee

    Chair Rajan Talwar

    Rajeev Kumar Sanger, NATWAR AGGARWAL

    • 12 Aug 20262 of 2 present2 independent · no day in between
  • Corporate Social Responsibility Committee

    Chair Dharmendra Kumar Batra

    Jai Parkash Kaushik, Rajeev Kumar Sanger

    • 27 Jun 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 Jun 2026.

  • Rattan Kaur And AssociatesPeer-review certificate valid to Jan 2027
1 earlier auditor
  • Jain & AssociatesNamed 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.

Piccadily Agro 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.Piccadily Agro Industries dividend history

Annual general meeting, 25 Sep 2026

70,518 shareholders on the register on 18 Sep 2026; present: 2 promoters and 55 others; votes counted by Prince chadha / P. Chadha & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone Audited Financial Statements of the company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 44.00% · other public 0.01%

    Turnout: all 69.26% · promoters 100.00% · institutions 14.88% · other public 1.77%

  2. To declare a dividend on Equity Shares of the Company for the financial year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 69.26% · promoters 100.00% · institutions 14.88% · other public 1.77%

  3. To appoint a director in place of Mr. Jai Parkash Kaushik (Din 02354480) who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 53.22% · other public 5.70%

    Turnout: all 69.26% · promoters 100.00% · institutions 14.88% · other public 1.77%

  4. Appointment of M/s Rattan Kaur & Associates, Chartered Accountants (Firm Registration No. 022513N) as Statutory Auditors
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.26% · promoters 100.00% · institutions 14.88% · other public 1.77%

  5. Re-appointment of Mr. Harvinder Singh Chopra (DIN: 00129891) as Managing Director of the Company.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 44.00% · other public 0.03%

    Turnout: all 91.74% · promoters 100.00% · institutions 14.88% · other public 9.11%

  6. Re-appointment of Mr. Dharmendra Kumar Batra (DIN: 07947018) as Whole-time Director of the Company.
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 44.00% · other public 5.71%

    Turnout: all 91.74% · promoters 100.00% · institutions 14.88% · other public 9.11%

  7. Ratification of Remuneration to Cost Auditor.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 91.74% · promoters 100.00% · institutions 14.88% · other public 9.11%

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.

Postal ballot, 18 Jun 2026, 1 resolution

74,454 shareholders on the register on 15 May 2026; votes counted by PRINCE CHADHA / P. Chadha & Associates.The company's voting result (opens in a new tab)

  1. To appoint Statutory Auditors to fill casual vacancy and to fix their remuneration
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.28%

    Turnout: all 69.21% · promoters 100.00% · institutions 0.00% · other public 2.02%

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, 6 resolutions

74,789 shareholders on the register on 23 Sep 2025; present: 4 promoters and 67 others; votes counted by PRINCE CHADHA / P. Chadha & Associates.The company's voting result (opens in a new tab)

  1. The audited standalone financial statements of the Company for the financial year ended 31st March 2025 and the reports of the Board of Directors and Auditors thereon and The audited consolidated financial statements of the Company for the financial year ended 31st March 2025 and the report of Auditors thereon:MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.10% · promoters 100.00% · institutions 0.00% · other public 2.17%

  2. To appoint a Director in place of Mr. Dharmendra Kumar Batra Din 07947018 who retires by rotation and being eligible offers himself for reappointment
    Ordinary
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 79.84%

    Turnout: all 69.10% · promoters 100.00% · institutions 0.00% · other public 2.17%

  3. Re-appointment of Mr. Harvinder Singh Chopra (DIN 00129891) as Managing Director of the Company
    Special
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 50.46%

    Turnout: all 69.10% · promoters 100.00% · institutions 0.00% · other public 2.17%

  4. Mr. Dharmandra Kumar Batra (DIN 07947018) as Whole time Director of the Company
    Special
    99.22% for0.78% against

    Against: promoters 0.00% · institutions 0.00% · other public 78.27%

    Turnout: all 69.10% · promoters 100.00% · institutions 0.00% · other public 2.17%

  5. Ratification of Remuneration to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 69.10% · promoters 100.00% · institutions 0.00% · other public 2.17%

  6. Appointment of Secretarial Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 69.10% · promoters 100.00% · institutions 0.00% · other public 2.17%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 25 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Standalone Audited Financial Statements of the company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon.
    Against Angel One Mutual Fund
    • Angel One Mutual FundNon-disclosure of financial statements of the Subsidiary Companies for FY 2025-26 on the Company’s website
    0 for1 against
  • To declare a dividend on Equity Shares of the Company for the financial year ended March 31, 2026.
    1 for0 against
  • To appoint a director in place of Mr. Jai Parkash Kaushik (Din 02354480) who retires by rotation and being eligible, offers himself for reappointment
    Against Angel One Mutual Fund
    • Angel One Mutual FundContinuation of directorship beyond 75 years of age and approval for re-appointment sought via Ordinary resolution instead of Special resolution as required under law.
    0 for1 against
  • Appointment of M/s Rattan Kaur & Associates, Chartered Accountants (Firm Registration No. 022513N) as Statutory Auditors
    1 for0 against
  • Re-appointment of Mr. Harvinder Singh Chopra (DIN: 00129891) as Managing Director of the Company.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Excessive time commitment. Holding two full time positions; Board has two WTDs and Appointment for both proposed for a term of only 1 year, which may impact the leadership as well as succession and continuity and no specific justification has been provided in the notice.
    0 for1 against
  • Re-appointment of Mr. Dharmendra Kumar Batra (DIN: 07947018) as Whole-time Director of the Company.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board has two WTDs and Appointment for both proposed for a term of only 1 year, which may impact the leadership as well as succession and continuity and no specific justification has been provided in the notice.
    0 for1 against
  • Ratification of Remuneration to Cost Auditor.
    1 for0 against

Mutual fund votes, meeting of 18 Jun 2026, 5 fund houses

  • To appoint Statutory Auditors to fill casual vacancy and to fix their remuneration
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundProposed audit fee payable to Statutory Auditors not disclosed. Governance & Transparency Concern: Previous audit fees were lower compared to the industry.
    • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee payable to Statutory Auditors not disclosed. Governance & Transparency Concern: Previous audit fees were lower compared to the industry.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Motilal Oswal Mutual Fund"Non-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee payable to Statutory Auditors not disclosed. Governance & Transparency Concern: Previous audit fees were lower compared to the industry."
    0 for5 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

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
Yes
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.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesSep 2024, checked by ICRA262.00––No
Preferential IssuesDec 202449.99––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.