Polysil Irrigation Systems CEO, MD, chairman, board of directors and AGM
NSE: POLYSILIndustrial Products
Share price at the NSE close on 23 Oct 2026. Previous close ₹45.20.
- Under NSE's long-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.
- ₹114 Cr
- 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.
- No recent results
- 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.
- No recent results
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,000100.0% delivered
Polysil Irrigation Systems 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 director and CEOBharatkumar Tulshibhai PatelRelated to the promoter
6 directors4 independent2 executive
- Bharatkumar Tulshibhai Patel · Chairperson and managing director and CEOExecutive · joined Sep 2018 · reappointed Jan 2023 · 1 listed board · 2 committee seats
- Prafulbhai Damjibhai RadadiaExecutive · joined Sep 2022 · reappointed Jan 2023 · 1 listed board
- Pankaj Bhimjibhai KapadiyaIndependent · joined Mar 2025 · 18 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Parshottam Popat Bhai DongaIndependent · joined Mar 2025 · 18 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Mitulkumar Kiritbhai SutharIndependent · joined Jan 2026 · 8 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Kavita KhatriIndependent · joined Jan 2026 · 8 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 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
- 1 Sep 20266 of 6 present4 independent · 17 days in between
- 14 Aug 20266 of 6 present4 independent · 28 days in between
- 16 Jul 20266 of 6 present4 independent · 46 days in between
- 30 May 20266 of 6 present4 independent · 6 days in between
3 earlier meetings
- 23 May 20266 of 6 present4 independent · 1 day in between
- 21 May 20266 of 6 present4 independent · 35 days in between
- 15 Apr 20266 of 6 present4 independent
Audit Committee
Chair Kavita Khatri
Mitulkumar Kiritbhai Suthar, Bharatkumar Tulshibhai Patel
- 1 Sep 20263 of 3 present2 independent · 17 days in between
- 14 Aug 20263 of 3 present2 independent · 28 days in between
- 30 May 20265 of 5 present4 independent · 44 days in between
- 15 Apr 20265 of 5 present4 independent
Nomination and remuneration committee
Chair Mitulkumar Kiritbhai Suthar
Kavita Khatri, Pankaj Bhimjibhai Kapadiya
- 16 Jul 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Pankaj Bhimjibhai Kapadiya
Parshottam Popat Bhai Donga, Bharatkumar Tulshibhai Patel
- 16 Jul 20263 of 3 present2 independent · 46 days in between
- 15 Apr 20265 of 5 present4 independent
Independent Director Committee
Chair Kavita Khatri
Mitulkumar Kiritbhai Suthar, Pankaj Bhimjibhai Kapadiya, Parshottam Popat Bhai Donga
No meeting listed in the filing.
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.
- M/s Ratan Chandak & Co LLPPeer-review certificate valid to Feb 2029
1 earlier auditor
- M/s. Ratan Chandak & Co., Chartered AccountantsNamed in the filing for the quarter to Mar 2025
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.
Polysil Irrigation Systems 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.Polysil Irrigation Systems share news and announcements
Annual general meeting, 30 Sep 2026
1,568 shareholders on the register on 23 Sep 2026; present: 3 promoters and 17 others; votes counted by Hardikkumar Jetani / Hardik Jetani & Associates.The company's voting result (opens in a new tab)
- Ordinary Resolution for adoption of financial statements and auditors and directors report thereon for the year ended on 31.03.2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 27.29% · promoters 100.00% · institutions 0.00% · other public 4.68%
- Ordinary Resolution for appointment of a director in place of Mr. Prafulbhai Damjibhai Radadia (DIN: 09660425), who retires by rotation and being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 27.29% · promoters 100.00% · institutions 0.00% · other public 4.68%
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
- 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
- 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Public IssuesFeb 2024 | 7.80 | Funding our Working Capital Requirements | 5.00 | 5.00 | No | Audit committee: No comments from the Audit CommitteeAuditors: No comments from the Auditors |
| Public IssuesFeb 2024 | 7.80 | General corporate purposes & Issue Related Expenses | 2.80 | 2.73 | No | Audit committee: No comments from the Audit CommitteeAuditors: No comments from the Auditors |
| Preferential IssuesJun 2025 | 19.59 | (a) Working Capital Requirements for upscaling and upgradation of existing products; (b) Capital Expenditure for by way of installation of new and latest machinery as well as expansion of existing capacity; (c) Repayment of Secured and / or Unsecured Loan(s) of Banks, NBFCs and financial institutions; (d) Strategic Partnerships or Alliances and tie-ups with similar nature of businesses for expansion of company’s business; (e) General Corporate Purposes including issue related expenses | 19.59 | 0.00 | No | Audit committee: No comments from the Audit CommitteeAuditors: No comments from the Auditors |
| Preferential IssuesJun 2025 | 21.25 | (a) Working Capital Requirements for upscaling and upgradation of existing products; (b) Capital Expenditure for by way of installation of new and latest machinery as well as expansion of existing capacity; (c) Repayment of Secured and / or Unsecured Loan(s) of Banks, NBFCs and financial institutions; (d) Strategic Partnerships or Alliances and tie-ups with similar nature of businesses for expansion of company’s business; (e) General Corporate Purposes including issue related expenses | 21.25 | 14.66 | No | Audit committee: No comments from the Audit CommitteeAuditors: No comments from the Auditors |