Prakash Pipes logo

Prakash Pipes CEO, MD, chairman, board of directors and AGM

NSE: PPLBSE: 542684Industrial ProductsSmall Cap

Last close ₹207.70down ₹5.50 (2.58%)BSE ₹205.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹213.20.

52-week range of traded prices to 23 Oct 2026
₹163.21Low, 30 Mar 2026₹334.40High, 30 Jun 2026
Market cap
₹497 Cr1,841st largest listed
P/E
10.1
P/B
1.0
Dividend yield
1.64%
ROE
10.7%
ROCE
10.7%
Debt to equity
0.04
Volume, NSE
44,29455.5% delivered

Prakash Pipes 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

  • ChairpersonVED PRAKASH AGARWALRelated to the promoter
  • Managing director and CEOKANHA AGARWAL
  • Company Secretary and Compliance OfficerJAGDISH CHANDRA

6 directors3 independent1 executive2 non-executive

  • VED PRAKASH AGARWAL · ChairpersonNon-executive · joined Jun 2017 · reappointed Jun 2017 · 2 listed boards
  • VIKRAM AGARWALNon-executive · joined Jun 2017 · reappointed Jun 2017 · 2 listed boards · 3 committee seats
  • KANHA AGARWAL · Managing director and CEOExecutive · joined Jun 2017 · reappointed Aug 2025 · 2 listed boards · 2 committee seats
  • PRAVEEN GUPTAIndependent · joined Mar 2019 · reappointed Mar 2024 · 90 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
  • SATISH CHANDER GOSAINIndependent · joined Mar 2019 · reappointed Mar 2024 · 90 months as independent · 2 listed boards · 2 as independent · 2 committee seats
  • PURNIMA GUPTAIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 1 listed board · 1 as independent · 2 committee seats

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

    • 14 Aug 20266 of 6 present3 independent · 75 days in between
    • 30 May 20266 of 6 present3 independent

  • Audit Committee

    Chair PRAVEEN GUPTA

    SATISH CHANDER GOSAIN, PURNIMA GUPTA, VIKRAM AGARWAL

    • 14 Aug 20264 of 4 present3 independent · 75 days in between
    • 30 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair PRAVEEN GUPTA

    SATISH CHANDER GOSAIN, PURNIMA GUPTA

    • 14 Aug 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair PRAVEEN GUPTA

    PURNIMA GUPTA, VIKRAM AGARWAL

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair VIKRAM AGARWAL

    SATISH CHANDER GOSAIN, PURNIMA GUPTA

    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.

  • Chaturvedi & Co. LLPPeer-review certificate valid to Dec 2028
1 earlier auditor
  • Chaturvedi & Co.Named 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.

Prakash Pipes 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.Prakash Pipes dividend history

Annual general meeting, 30 Sep 2026

80,519 shareholders on the register on 23 Sep 2026; present: 1 promoter and 96 others; votes counted by BHOOPENDRA KUMAR BOHRA / B K BOHRA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet of the Company as at 31st March, 2026, Profit and Loss Account and Cash Flow Statement for the year ended on that date together with the Reports of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 45.97% · promoters 98.80% · institutions 0.00% · other public 3.62%

  2. To approve payment of dividend of ₹2.40 per Equity Share of ₹10 each (i.e. @24%) for the financial year ended on 31st March, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 45.97% · promoters 98.80% · institutions 0.00% · other public 3.62%

  3. To appoint a Director in place of Shri Ved Prakash Agarwal (DIN: 00048907), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.79%

    Turnout: all 45.97% · promoters 98.80% · institutions 0.00% · other public 3.62%

  4. To ratify the remuneration of Cost Auditors for the financial year 2026-27.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 45.97% · promoters 98.80% · institutions 0.00% · other public 3.62%

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, 7 resolutions

89,876 shareholders on the register on 23 Sep 2025; present: 1 promoter and 89 others; votes counted by BHOOPENDRA KUMAR BOHRA / B K BOHRA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet of the Company as at 31st March, 2025, Profit and Loss Account and Cash Flow Statement for the year ended on that date together with the Reports of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

  2. To approve payment of dividend of ₹2.40 per Equity Share of ₹10 each (i.e. @24%) for the financial year ended on 31st March, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

  3. To appoint a Director in place of Shri Vikram Agarwal (DIN: 00054125), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
    OrdinaryPromoters have an interest in it
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.64%

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

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

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

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

  5. To approve the appointment of Shri Bhoopendra Kumar Bohra Proprietor of B K Bohra and Associates, as Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

  6. To Approve the re-appointment of Shri Kanha Agarwal (DIN: 06885529) as Managing Director & Chief Executive Officer of the Company
    SpecialPromoters have an interest in it
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.64%

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

  7. To approve the continuation of tenure of Dr. Satish Chander Gosain (DIN: 08202130) Non-executive and Independent Director, upon attaining the age of 75 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 46.55% · promoters 100.00% · institutions 0.00% · other public 3.86%

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, 6 resolutions

Present: 1 promoter and 106 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet of the Company as at 31st March, 2024, Profit and Loss Account and Cash Flow Statement for the year ended on that date together with the Reports of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 48.24% · promoters 100.00% · institutions 0.00% · other public 6.91%

  2. To approve payment of dividend of ¿1.80 per Equity Share of ¿10 each (i.e. @18%) for the financial year ended on 31st March, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 48.26% · promoters 100.00% · institutions 0.00% · other public 6.94%

  3. To appoint a Director in place of Shri Ved Prakash Agarwal (DIN: 00048907), who retires by rotation and being eligible, offers himself for re-appointment as a Director
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 48.26% · promoters 100.00% · institutions 0.00% · other public 6.93%

  4. To ratify the remuneration of Cost Auditors for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 48.26% · promoters 100.00% · institutions 0.00% · other public 6.93%

  5. To approve the request received from Aircon Systems (India) Private Limited belonging to promoter group of the Company, for re-classification from the ‘promoter and promoter group’ category to ‘public’ category shareholderMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 48.26% · promoters 100.00% · institutions 0.00% · other public 6.93%

  6. Amendment in the Main Object Clause of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 48.26% · promoters 100.00% · institutions 0.00% · other public 6.93%

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, 30 Jan 2024, 3 resolutions

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

  1. Approval for appointment of Mrs. Purnima Gupta (DIN: 06885738) as an Independent Director of the Company
    Special
    99.49% for0.51% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.20%

    Turnout: all 50.43% · promoters 100.00% · institutions 0.00% · other public 11.07%

  2. Approval for re-appointment of Dr. Satish Chander Gosain (DIN : 08202130) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 50.43% · promoters 100.00% · institutions 0.00% · other public 11.07%

  3. Approval for re-appointment of Mrs. Parveen Gupta (DIN : 00180678) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 50.43% · promoters 100.00% · institutions 0.00% · other public 11.07%

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: 1 promoter and 86 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Balance Sheet as at March 31, 2023, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date and the reports of the Board of Directors and auditors thereonMoreLess
    Ordinary
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.71%

    Turnout: all 53.65% · promoters 100.00% · institutions 0.00% · other public 16.84%

  2. Approval of Dividend of Rs. 1.20 Per equity Share (i.e. @12 %) for the Financial year ended on 31st March, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 53.65% · promoters 100.00% · institutions 0.00% · other public 16.84%

  3. Re-appointment of Shri Kanha Agarwal (DIN : 06885529) as a Director, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 53.65% · promoters 100.00% · institutions 0.00% · other public 16.84%

  4. Re-appointment of Statutory Auditors of the Company for further five years
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 53.65% · promoters 100.00% · institutions 0.00% · other public 16.84%

  5. Ratification of remuneration of Cost Auditors M/s SKG & Co
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 53.65% · promoters 100.00% · institutions 0.00% · other public 16.84%

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 2022, 5 resolutions

Present: 2 promoters and 74 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Balance Sheet as at March 31, 2022, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date and the reports of the Board of Directors and auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.39% · promoters 99.88% · institutions 0.00% · other public 12.87%

  2. Approval of Dividend of Rs. 1.20 Per equity Share (i.e. @12 %) for the Financial year ended on 31st March, 2021
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.39% · promoters 99.88% · institutions 0.00% · other public 12.87%

  3. Re-appointment of Shri Vikram Agarwal (DIN : 00054125) as a Director, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 51.39% · promoters 99.88% · institutions 0.00% · other public 12.87%

  4. Ratification of remuneration of Cost Auditors, M/s. SKG & Co.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.39% · promoters 99.88% · institutions 0.00% · other public 12.87%

  5. Re-appointment of Shri Kanha Agarwal (DIN: 06885529) as Managing Director and Chief Executive Officer of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 51.39% · promoters 99.88% · institutions 0.00% · other public 12.87%

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 2021, 5 resolutions

Present: 0 promoters and 65 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Balance Sheet as at March 31, 2021, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date and the reports of the Board of Directors and auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.60%

    Turnout: all 41.64% · promoters 99.30% · institutions 0.00% · other public 0.43%

  2. Approval of Dividend of Rs. 1.20 Per equity Share (i.e. @12 %) for the Financial year ended on 31st March, 2021
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.59%

    Turnout: all 41.64% · promoters 99.30% · institutions 0.00% · other public 0.43%

  3. Re-appointment of Shri Ved Prakash Agarwal (DIN : 00048907) as a Director, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    99.03% for0.97% against

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

    Turnout: all 0.25% · promoters 0.00% · institutions 0.00% · other public 0.43%

  4. Ratification of remuneration of Cost Auditors, M/s. SKG & Co.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 41.64% · promoters 99.30% · institutions 0.00% · other public 0.43%

  5. Shifting of the registered office from the State of Punjab to NCT of Delhi
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.59%

    Turnout: all 41.64% · promoters 99.30% · institutions 0.00% · other public 0.43%

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, 23 Dec 2020, 1 resolution

Present: 0 promoters and 52 others.The company's voting result (opens in a new tab)

  1. Issue of 35,00,000 Equity Shares on Preferential Basis to Promoter
    SpecialPromoters have an interest in it
    99.26% for0.74% against

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

    Turnout: all 16.12% · promoters 0.00% · institutions 0.00% · other public 26.44%

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.

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
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.