Pulsar International logo

Pulsar International MD, chairman, board of directors and AGM

BSE: 512591Commercial Services & SuppliesSmall Cap

Last close ₹0.32down ₹0.02 (5.88%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹0.34.

52-week range of traded prices to 23 Oct 2026
₹0.31Low, 22 Oct 2026₹3.00High, 23 Oct 2025
Market cap
₹14 Cr3,410th largest listed
P/E
Lossover the last 12 months
P/B
0.3
Dividend yield
Nonein the last 12 months
ROE
−2.1%
ROCE
−1.6%
Debt to equity
0.00
Volume, BSE
32,75,041

Pulsar International 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

  • ChairpersonBIKASH TARAFDAR
  • Managing directorARVINDKUMAR GULABJI PARMAR

7 directors3 independent3 executive1 non-executive

  • BIKASH TARAFDAR · ChairpersonIndependent · joined Dec 2025 · 7 months as independent · 1 listed board · 1 as independent
  • ARVINDKUMAR GULABJI PARMAR · Managing directorExecutive · joined Dec 2023 · 31 months as independent · 1 listed board
  • SOHILKUMAR DINESHKUMAR PATELExecutive · joined Mar 2026 · 4 months as independent · 1 listed board
  • VIKASKUMAR KANAIYALAL GOHILExecutive · joined Sep 2023 · 34 months as independent · 1 listed board
  • DEVENDRASINH DALPATSINH UMATIndependent · joined Nov 2022 · 44 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • PAYALBEN BHARATKUMAR SADHUIndependent · joined Oct 2023 · 33 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • RUPABHAI MAGANBHAI PATELNon-executive · joined Sep 2025 · 10 months as independent · 1 listed board · 2 committee seats, 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

    • 30 May 20266 of 7 present3 independent · 70 days in between
    • 20 Mar 20266 of 7 present3 independent · 3 days in between
    • 16 Mar 20266 of 6 present3 independent · 29 days in between
    • 14 Feb 20266 of 6 present3 independent · 23 days in between
    1 earlier meeting
    • 21 Jan 20266 of 6 present3 independent
  • Audit Committee

    Chair PAYALBEN BHARATKUMAR SADHU

    DEVENDRASINH DALPATSINH UMAT, RUPABHAI MAGANBHAI PATEL

    • 30 May 20263 of 3 present2 independent · 104 days in between
    • 14 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair PAYALBEN BHARATKUMAR SADHU

    DEVENDRASINH DALPATSINH UMAT, RUPABHAI MAGANBHAI PATEL

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair RUPABHAI MAGANBHAI PATEL

    PAYALBEN BHARATKUMAR SADHU, DEVENDRASINH DALPATSINH UMAT

    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. Shweta Jain & Co LLPPeer-review certificate valid to May 2026
1 earlier auditor
  • H G Sarvaiya & CoNamed in filings from Mar 2025 to Jun 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.

Pulsar International 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.Pulsar International share news and announcements

Annual general meeting, 7 Oct 2026

49,308 shareholders on the register on 23 Sep 2026; present: 1 promoter and 7 others; votes counted by Ankur Gandhi / Ankur Gandhi & Associates.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2026 TOGETHER WITH THE REPORTS OF THE DIRECTORS AND THE AUDITORS THERE ON.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 2.92% · promoters 100.00% · institutions 0.00% · other public 0.40%

  2. TO APPROVE THE APPOINTMENT OF M/S NIRAV. S. SHAH AND CO., CHARTERED ACCOUNTANTS, AS THE STATUTORY AUDITORS OF THE COMPANY.
    SpecialNot passed
    13.26% for86.74% against

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

    Turnout: all 2.92% · promoters 100.00% · institutions 0.00% · other public 0.40%

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.

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyBSE LIMITEDSince 30 Jun 2026

    Imposed Fine of Rs.147500

    Non-submission of the Signed PDF of the Statement on Impact of Audit

In the company's own words, from its latest governance filing.

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
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
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 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
Rights IssuesJan 2026, checked by CARE Ratings Limited35.70To establish, construct, and operate cold storage facilities.5.705.70No
Rights IssuesJan 2026, checked by CARE Ratings Limited35.70To finance activities related to contract farming and allied agricultural operations.7.007.00No
Rights IssuesJan 2026, checked by CARE Ratings Limited35.70Incremental Working Capital Requirements14.9914.99No
Rights IssuesJan 2026, checked by CARE Ratings Limited35.70General Corporate Purpose7.007.00No
Rights IssuesJan 2026, checked by CARE Ratings Limited35.70Issue related expenses1.001.00No
₹ 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.