Rajapalayam Mills MD, chairman, board of directors and AGM
NSE: RAJPALAYAMBSE: 532503Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹721.15.
- Next results date: the board meets on 3 Nov 2026 to consider: quarterly results.
- 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.
- ₹650 Cr1,652nd 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. The filing of 13 Aug 2026
- 5.3
- 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 28 May 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.07%
- 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
- 5.2%
- 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
- 1.7%
- 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 28 May 2026
- 0.47
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,35491.4% delivered
Rajapalayam Mills 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
- ChairpersonPUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA
- Managing directorPOOSAPADI VENKETRAMA RAJA NIRMALA RAJU
- Company Secretary and Compliance OfficerK. Maheswaran
10 directors5 independent1 executive4 non-executive
- PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA · ChairpersonNon-executive · joined Apr 1986 · reappointed Aug 2025 · 5 listed boards · 7 committee seats, 4 as chair
- POOSAPADI VENKETRAMA RAJA NIRMALA RAJU · Managing directorExecutive · joined Apr 2019 · reappointed Jun 2022 · 1 listed board · 1 committee seat
- SINTHALAPADI SRIRENGA RAJA RAMACHANDRA RAJANon-executive · joined Jun 1992 · reappointed Aug 2024 · 2 listed boards · 1 committee seat
- ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNANNon-executive · joined Jan 2008 · reappointed Aug 2024 · 2 listed boards · 3 committee seats
- POOSAPADI VENKETRAMA RAJA ABINAVRAMASUBRAMANIAMRAJANon-executive · joined Feb 2017 · reappointed Aug 2025 · 3 listed boards · 1 committee seat
- POOSAPADI SANKARRAJA ALAGHAR RAJAIndependent · joined Feb 2017 · reappointed Feb 2022 · 115 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- RATHINASAMY MUTHUSAMYIndependent · joined Apr 2024 · 30 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
- SIVAGURU CHELLAPPAIndependent · joined Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat
- KRISHNAMMA RAJA NAMBUR SHRIKANTAN RAJAIndependent · joined Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 4 committee seats
- VENKATARAMAN CHITRAIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 3 listed boards · 3 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.
1 director who left
- SOUNDARA KUMAR, left 26 Aug 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 13 Aug 202610 of 10 present5 independent · 76 days in between
- 28 May 20269 of 10 present5 independent
- 10 Apr 20269 of 10 present5 independent
Audit Committee
Chair RATHINASAMY MUTHUSAMY
ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN, SIVAGURU CHELLAPPA, KRISHNAMMA RAJA NAMBUR SHRIKANTAN RAJA
- 13 Aug 20264 of 4 present3 independent · 76 days in between
- 28 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair RATHINASAMY MUTHUSAMY
ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN, KRISHNAMMA RAJA NAMBUR SHRIKANTAN RAJA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA
POOSAPADI VENKETRAMA RAJA NIRMALA RAJU, SINTHALAPADI SRIRENGA RAJA RAMACHANDRA RAJA, KRISHNAMMA RAJA NAMBUR SHRIKANTAN RAJA
No meeting listed in the filing.
Risk Management Committee
Chair PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA
ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN, POOSAPADI VENKETRAMA RAJA ABINAVRAMASUBRAMANIAMRAJA, SIVAGURU CHELLAPPA
- 13 Aug 20263 of 4 present2 independent
Corporate Social Responsibility Committee
Chair PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA
POOSAPADI VENKETRAMA RAJA NIRMALA RAJU, POOSAPADI VENKETRAMA RAJA ABINAVRAMASUBRAMANIAMRAJA, KRISHNAMMA RAJA NAMBUR SHRIKANTAN RAJA
No meeting listed in the filing.
Rights Issue Committee
Chair PUSAPADI RAMASUBRAMANIA RAJA VENKETRAMA RAJA
ARRAKUNDAL VELAYUTHA RAJA DHARMAKRISHNAN, POOSAPADI SANKARRAJA ALAGHAR RAJA
No meeting listed in the filing.
Independent Directors Meeting
POOSAPADI SANKARRAJA ALAGHAR RAJA, RATHINASAMY MUTHUSAMY, SIVAGURU CHELLAPPA, KRISHNAMMA RAJA NAMBUR SHRIKANTAN RAJA, VENKATARAMAN CHITRA
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 auditors
Named in the results for the quarter to Mar 2026.
- M/S SRSV ASSOCIATESPeer-review certificate valid to Apr 2028
- M/S N A JAYARAMAN & COPeer-review certificate valid to Apr 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.
Rajapalayam Mills 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.Rajapalayam Mills dividend history
Annual general meeting, 28 Aug 2026
7,625 shareholders on the register on 21 Aug 2026; present: 13 promoters and 58 others; votes counted by R. Palaniappan / N.A. JAYARAMAN & CO.The company's voting result (opens in a new tab)
- Adoption of Company's Separate and Consolidated Audited Financial Statements and the Reports of the Board of Directors' and Auditors' for the year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.76% · promoters 100.00% · institutions 0.00% · other public 28.65%
- Declaration of Dividend of Re.0.50 per Share for the year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.76% · promoters 100.00% · institutions 0.00% · other public 28.65%
- Re-appointment of Shri A.V. Dharmakrishnan (DIN: 00693181), as a Director, who retires by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.76% · promoters 100.00% · institutions 0.00% · other public 28.65%
- Re-appointment of Shri S.S. Ramachandra Raja (DIN: 00331491) as a Director, who retires by rotation and continue to occupy the position of Non-Executive Director of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.76% · promoters 100.00% · institutions 0.00% · other public 28.65%
- Ratification of remuneration payable to M/s. N. Sivashankaran & Co., Cost Auditor of the Company for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.76% · promoters 100.00% · institutions 0.00% · other public 28.65%
- Approval of Material Related Party Transaction with M/s. Ramco Industries Limited.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 9.64% · promoters 0.00% · institutions 0.00% · other public 22.12%
- Approval of Material Related Party Transaction with M/s. Sandhya Spinning Mill Limited.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 9.64% · promoters 0.00% · institutions 0.00% · other public 22.12%
- Approval of Material Related Party Transaction with M/s. Sri Vishnu Shankar Mill Limited.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 9.64% · promoters 0.00% · institutions 0.00% · other public 22.12%
- Approval of Material Related Party Transaction with M/s. The Ramaraju Surgical Cotton Mills Limited.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 9.64% · promoters 0.00% · institutions 0.00% · other public 22.12%
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 18 Aug 2023, 1 fund house
- Adoption of standalone and consolidated financial statements for the year ended 31 March 20231 for0 against
- Approve final dividend of Re.1.0 (face value Rs. 10.0 each) for FY231 for0 against
- Ratify remuneration of Rs. 225,000 payable to M. Kannan, as cost auditor for FY241 for0 against
- Reappoint P.R. Venketrama Raja (DIN: 00331406) as Non-Executive Non-Independent Director, liable to retire by rotation1 for0 against
- Reappoint P.V. Abinav Ramasubramaniam Raja (DIN: 07273249) as Non-Executive Non-Independent Director, liable to retire by rotation
Against Sundaram Mutual Fund
- Sundaram Mutual FundP.V. Abinav Ramasubramaniam Raja, 29, is the promoter and Managing Director of Ramco Industries Ltd, a promoter group company. He has been on the board of this company since 11 February 2017. He attended all four board meetings held in FY23. While his reappointment is in line with statutory requirements, we do not support his reappointment: we believe at the age of 29, he does not have the requisite experience to be on the board of a listed company.
0 for1 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeState Tax Department -GSTSince 2 Feb 2026Appeal to Appellate Authority filed
- Tax disputeState Tax Department -GSTSince 2 Feb 2026Appeal to Appellate Authority filed
- Tax disputeState Tax Department -GSTSince 27 Feb 2026Appeal to Appellate Authority filed
- Tax disputeState Tax Department -GSTSince 16 Mar 2026Appeal to Appellate Authority filed
- Tax disputeState Tax Department -GSTSince 20 Feb 2026Appeal to Appellate Authority filed
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
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.