Pondy Oxides & Chemicals logo

Pondy Oxides & Chemicals MD, chairman, board of directors and AGM

NSE: POCLBSE: 532626Diversified MetalsSmall Cap

Last close ₹416.95down ₹8.00 (1.88%)BSE ₹420.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹424.95.

52-week range of traded prices to 23 Oct 2026
₹392.20Low, 23 Mar 2026₹647.60High, 14 May 2026
Market cap
₹3,180 Cr869th largest listed
P/E
22.3
P/B
4.0
Dividend yield
0.48%
ROE
20.6%
ROCE
21.2%
Debt to equity
0.19
Volume, NSE
3,60,14951.3% delivered

Pondy Oxides & Chemicals 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 directorASHISH BANSAL
  • Company Secretary and Compliance OfficerK Kumaravel

6 directors4 independent2 executive

  • ASHISH BANSAL · Chairperson and managing directorExecutive · joined Jul 2009 · reappointed May 2026 · 1 listed board · 1 committee seat
  • K KUMARAVELExecutive · joined Dec 2021 · reappointed Dec 2024 · 1 listed board · 1 committee seat
  • A VIJAY ANANDIndependent · joined Dec 2018 · reappointed Dec 2023 · 90 months as independent · 1 listed board · 1 as independent · 4 committee seats, 3 as chair
  • M RAMASUBRAMANIIndependent · joined Mar 2020 · reappointed Mar 2025 · 75 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SHANTI BALAMURUGANIndependent · joined Jul 2024 · reappointed Jul 2024 · 24 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • HEMANT JAWAHAR LALIndependent · joined May 2026 · reappointed May 2026 · 1 month 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.

1 director who left
  • ANIL KUMAR BANSAL, left 1 Apr 2026: Others

Committees and meetings

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

  • Board

    • 26 May 20265 of 6 present3 independent · 117 days in between
    • 28 Jan 20266 of 6 present3 independent

  • Audit Committee

    Chair A VIJAY ANAND

    M RAMASUBRAMANI, SHANTI BALAMURUGAN, ASHISH BANSAL

    • 26 May 20264 of 4 present3 independent · 117 days in between
    • 28 Jan 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair A VIJAY ANAND

    M RAMASUBRAMANI, SHANTI BALAMURUGAN

    • 26 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair A VIJAY ANAND

    SHANTI BALAMURUGAN, K KUMARAVEL

    No meeting listed in the filing.

  • Risk Management Committee

    Chair A VIJAY ANAND

    SHANTI BALAMURUGAN, ASHISH BANSAL, K KUMARAVEL

    • 26 May 20264 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair A VIJAY ANAND

    SHANTI BALAMURUGAN, ASHISH BANSAL

    • 26 May 20263 of 3 present2 independent · 117 days in between
    • 28 Jan 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.

  • L Mukundan & AssociatesPeer-review certificate valid to Sep 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.

Pondy Oxides & Chemicals 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.Pondy Oxides & Chemicals dividend history

Annual general meeting, 22 Sep 2026

75,930 shareholders on the register on 15 Sep 2026; present: 4 promoters and 53 others; votes counted by Krishna Sharan Mishra / KSM Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.44% · promoters 99.78% · institutions 90.28% · other public 8.97%

  2. Declaration of Final Dividend of Rs. 2/- (i.e. 100%) per equity share of Face Value Rs. 2/- each for the Financial Year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.44% · promoters 99.78% · institutions 90.28% · other public 8.97%

  3. To Appoint a Director in the place of Mr. K. Kumaravel (DIN: 00664405), who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    99.22% for0.78% against

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

    Turnout: all 52.44% · promoters 99.78% · institutions 90.28% · other public 8.97%

  4. To ratify the remuneration of the Cost Auditors for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.44% · promoters 99.78% · institutions 90.28% · other public 8.97%

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, 2 Jul 2026, 4 resolutions

71,526 shareholders on the register on 29 May 2026; votes counted by Krishna Sharan Mishra / KSM Associates.The company's voting result (opens in a new tab)

  1. To consider and approve Sub-division/ split of existing equity Shares of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 42.85% · promoters 81.96% · institutions 70.45% · other public 8.32%

  2. To consider and approve alteration of capital clause of Memorandum of Association of the company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 42.85% · promoters 81.96% · institutions 70.45% · other public 8.32%

  3. To appoint Mr. Hemant Jawahar Lal (DIN: 11731104) as Non-executive Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 42.85% · promoters 81.96% · institutions 70.45% · other public 8.32%

  4. To re-designate Mr. Ashish Bansal (DIN:01543967) as the Chairman and Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 10.46% · promoters 0.00% · institutions 70.45% · other public 8.04%

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, 18 Sep 2025, 5 resolutions

65,534 shareholders on the register on 11 Sep 2025; present: 5 promoters and 62 others; votes counted by Krishna Sharan Mishra / KSM Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March 2025, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.89% · promoters 99.51% · institutions 79.35% · other public 10.21%

  2. Declaration of Final Dividend of Rs. 3.50/- (i.e. 70%) per equity share of Rs. 5/- each for the Financial Year ended 31st March 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.89% · promoters 99.51% · institutions 79.35% · other public 10.21%

  3. To Appoint a Director in the place of Mr. Ashish Bansal (DIN: 01543967), who retires by rotation and being eligible, offers himself for reappointment
    OrdinaryPromoters have an interest in it
    95.95% for4.05% against

    Against: promoters 0.00% · institutions 12.93% · other public 0.01%

    Turnout: all 22.19% · promoters 25.07% · institutions 79.35% · other public 10.21%

  4. Appointment of M/s. KSM Associates, Practising Company Secretaries as Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.89% · promoters 99.51% · institutions 79.35% · other public 10.21%

  5. To ratify the remuneration of the Cost Auditors for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.89% · promoters 99.51% · institutions 79.35% · other public 10.21%

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.

Extraordinary general meeting, 25 Oct 2024, 1 resolution

Present: 5 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To Approve Capital raising by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 43.87% · promoters 98.00% · institutions 34.21% · other public 1.42%

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 2024, 9 resolutions

Present: 5 promoters and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  2. Declaration of Final Dividend of Rs. 5.00/- (i.e. 50%) per equity share of Rs. 10/- each for the Financial Year ended 31st March 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  3. To Appoint a Director in the place of Mr. K Kumaravel (DIN: 00664405), who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.31%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  4. Re- appointment of Mr. K Kumaravel (DIN: 00664405) as Whole-time Director in the capacity of Director Finance and fixing his remuneration.
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.34%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  5. Appointment of Ms. Shanti Balamurugan (DIN: 07730909) as Non-executive Independent Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  6. Re-appointment of Dr. M Ramasubramani (DIN: 07999117) as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  7. Alteration of capital of the company by Sub-division/ split of existing equity Shares of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  8. Alteration of Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

  9. To ratify the remuneration of the Cost Auditors for the Financial Year 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 45.11% · promoters 98.00% · institutions 51.50% · other public 1.14%

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.

Extraordinary general meeting, 6 Feb 2024, 2 resolutions

Present: 6 promoters and 32 others.The company's voting result (opens in a new tab)

  1. Issuance of 10,05,921 Equity shares on preferential basis to certain identified Non-Promoter Persons / Entities
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.92%

    Turnout: all 49.40% · promoters 98.47% · institutions 0.00% · other public 2.48%

  2. Issuance of 16,27,221 convertible warrants on preferential basis to the promoter group and certain identified non-promoter persons / entities
    SpecialPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.90%

    Turnout: all 49.40% · promoters 98.47% · institutions 0.00% · other public 2.48%

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, 22 Sep 2023, 8 resolutions

Present: 6 promoters and 38 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023, 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 0.19%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  2. To declare Final Dividend of Rs. 5.00/- (i.e 50%) per equity share of Rs. 10/- each for the Financial Year ended 31st March 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  3. To appoint a Director in the place of Mr. Anil Kumar Bansal (DIN: 00232223), who retires by rotation and being eligible, offers himself for reappointment:
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.82%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  4. Re-appointment of Mr. Ashish Bansal (DIN: 01543967) as Managing Director and fixing his remuneration.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  5. Re-appointment of Mr. Anil Kumar Bansal (DIN: 00232223) as Whole-Time Director and fixing his remuneration
    SpecialPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.89%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  6. To increase the borrowing powers of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.05%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  7. Re-appointment of Mr. A. Vijay Anand (DIN: 06431219) as Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

  8. To ratify the remuneration of the Cost Auditors for the Financial Year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 49.06% · promoters 98.47% · institutions 0.00% · other public 1.80%

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 22 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    2 for0 against
  • Declaration of Final Dividend of Rs. 2/- (i.e. 100%) per equity share of Face Value Rs. 2/- each for the Financial Year ended March 31, 2026
    2 for0 against
  • To Appoint a Director in the place of Mr. K. Kumaravel (DIN: 00664405), who retires by rotation and being eligible, offers himself for reappointment
    2 for0 against
  • To ratify the remuneration of the Cost Auditors for the Financial Year 2025-26
    2 for0 against

Mutual fund votes, meeting of 2 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To consider and approve Sub-division/ split of existing equity Shares of the Company
    1 for0 against
  • To consider and approve alteration of capital clause of Memorandum of Association of the company
    1 for0 against
  • To appoint Mr. Hemant Jawahar Lal (DIN: 11731104) as Non-executive Independent Director
    1 for0 against
  • To re-designate Mr. Ashish Bansal (DIN:01543967) as the Chairman and Managing Director of the Company
    1 for0 against
1 earlier meeting

Mutual fund votes, meeting of 18 Sep 2025, 2 fund houses

  • To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March 2025, together with the reports of Board of Directors’ and Auditors’ thereonMoreLess
    2 for0 against
  • Declaration of Final Dividend of Rs. 3.50/- (i.e. 70%) per equity share of Rs. 5/- each for the Financial Year ended 31st March 2025
    2 for0 against
  • To Appoint a Director in the place of Mr. Ashish Bansal (DIN: 01543967), who retires by rotation and being eligible, offers himself for reappointment
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with law. Governance Concern: Remuneration practice of the Company appears to be skewed in favour of Mr. Ashish Bansal, being Promoter Executive Director, unless the same is justified with objective parameters.
    1 for1 against
  • Appointment of M/s. KSM Associates, Practising Company Secretaries as Secretarial Auditors of the Company
    2 for0 against
  • To ratify the remuneration of the Cost Auditors for the Financial Year 2024-25
    2 for0 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
Yes
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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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 IssuesFeb 2024, checked by CARE RATINGS LIMITED132.50Purchase of Fixed Assets including Plant & Machinery55.0012.69No
Preferential IssuesFeb 2024, checked by CARE RATINGS LIMITED132.50Deployment towards Working Capital49.000.00No
Preferential IssuesFeb 2024, checked by CARE RATINGS LIMITED132.50General Corporate Purpose28.500.00No
QIPDec 2024, checked by CARE RATINGS LIMITED175.00Funding Working Capital Requirements of our Company81.500.00No
QIPDec 2024, checked by CARE RATINGS LIMITED175.00Capital Expenditure of our Company for setting up and processing unit in Thiruvallur, Tamil Nadu49.7514.16No
QIPDec 2024, checked by CARE RATINGS LIMITED175.00General Corporate Purposes37.710.00No
QIPDec 2024, checked by CARE RATINGS LIMITED175.00Issue Expenses6.030.00No
₹ 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.