Progrex Ventures MD, chairman, board of directors and AGM
BSE: 531265Food ProductsSmall Cap
Share price at the BSE close on 12 Oct 2026. Previous close ₹25.02.
- Under BSE's graded surveillance, stage III, on the list for 22 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. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹9.47 Cr4,654th largest listed
- 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.
- Lossover the last 12 months
- 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. The filing of 13 May 2026
- 1.3
- 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
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- −2.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- −2.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 13 May 2026
- 0.01
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,000
Progrex Ventures board of directors
At the end of the quarter to Sep 2024, as the company filed it; changes since are in its announcements.
- ChairpersonAvnish Sabherwal
3 directors2 independent1 non-executive
- Avnish Sabherwal · ChairpersonIndependent · joined Apr 2024 · 153 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Harshvardhan MaheshwariNon-executive · joined Aug 2016 · 125 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Shruti DangeIndependent · joined Jun 2015 · 138 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
- 10 Aug 20243 of 3 present2 independent · 90 days in between
- 11 May 20243 of 3 present2 independent
Audit Committee
Chair Avnish Sabherwal
Harshvardhan Maheshwari, Shruti Dange
- 10 Aug 20243 of 3 present2 independent · 90 days in between
- 11 May 20243 of 3 present2 independent
Nomination and remuneration committee
Chair Shruti Dange
Avnish Sabherwal, Harshvardhan Maheshwari
- 10 Aug 20243 of 3 present2 independent · 90 days in between
- 11 May 20243 of 3 present2 independent
Stakeholders Relationship Committee
Chair Harshvardhan Maheshwari
Shruti Dange, Avnish Sabherwal
- 10 Aug 20243 of 3 present2 independent · 90 days in between
- 11 May 20243 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Avnish Sabherwal
Shruti Dange, Harshvardhan Maheshwari
- 10 Aug 20243 of 3 present2 independent · 90 days in between
- 11 May 20243 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.
- Jain Dhureja & CompanyPeer-review certificate valid to Apr 2028
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.
Progrex Ventures 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.Progrex Ventures share news and announcements
Annual general meeting, 30 Sep 2026
873 shareholders on the register on 23 Sep 2026; present: 5 promoters and 10 others; votes counted by Abhishek Modi / Abhishek Modi & Co..The company's voting result (opens in a new tab)
To receive and adopt the Directors' Report, Share capital Audit Report, Statutary Audit Report, and Profit and Loss Account for the year ended 31st March 2026 and the Balance Sheet as at that date with the notes and schedules along with the Auditors Report, Secretarial Audit Report and the Directors' Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
- To appoint Mr.AvneeshSabherwal as Director, who retires by rotation and is eligible for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
- To appoint Ms. Shruti Dange as Director , who retires by rotation and is eligible for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
- To appoint Mr. Sanjay Wase as Director , who retires by rotation and is eligible for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
- To appoint Ms. Monika Gupta as Executive Director is eligible for appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
- To appoint Ms. Meenakshi Aggrwal as Independent Director is eligible for appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 98.92% · promoters 98.92% · institutions 0.00% · other public 98.92%
- To appoint Mr. Sharawan Kumar Jaisawal asExecutive Director is eligible for appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
- To Appoint M/S Jain Dhureja & Company Chartered Accountants as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.43% · promoters 98.92% · institutions 0.00% · other public 3.38%
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.
Compliance
- 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
- No
The company's own answers in its filing.