Rappid Valves (India) logo

Rappid Valves (India) MD, chairman, board of directors and AGM

NSE: RAPPIDIndustrial Products

Last close ₹349.35up ₹1.95 (0.56%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹347.40.

52-week range of traded prices to 23 Oct 2026
₹207.00Low, 29 May 2026₹379.00High, 16 Oct 2026
Market cap
₹181 Cr
P/E
28.0
P/B
3.5
Dividend yield
Nonein the last 12 months
ROE
13.4%
Debt to equity
0.35
Volume, NSE
6,60063.6% delivered

Rappid Valves (India) 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

    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.

    Statutory auditor

    Named in the results for the quarter to Mar 2026.

    • KAVA & AssociatesPeer-review certificate valid to May 2029

    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.

    Rappid Valves (India) 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.Rappid Valves (India) share news and announcements

    Annual general meeting, 24 Sep 2026

    666 shareholders on the register on 17 Sep 2026; present: 1 promoter and 10 others; votes counted by Nishtha Khandelwal / Nishtha Khandelwal & Associates.The company's voting result (opens in a new tab)

    1. Adoption of the Audited Financial Statements of the Company for the Financial Year Ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 55.60% · promoters 100.00% · institutions 14.21% · other public 7.50%

    2. To appoint Mrs. Padma Madhusudan Lohiya (DIN: 10699590) as Director, liable to be retire by rotation.
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 55.60% · promoters 100.00% · institutions 14.21% · other public 7.50%

    3. Appointment of Secretarial Auditor of the Company and approval of her remuneration.
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 55.60% · promoters 100.00% · institutions 14.21% · other public 7.50%

    4. Revision in terms of remuneration of Mr. Gaurav Vijay Dalal (DIN: 00494466), Chairman & Managing Director of the Company.
      Special
      100.00% for0.00% against

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

      Turnout: all 55.60% · promoters 100.00% · institutions 14.21% · other public 7.50%

    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, 29 Apr 2026, 1 resolution

    735 shareholders on the register on 20 Mar 2026; votes counted by Bhupendra Dave / Naavick Legal LLP.The company's voting result (opens in a new tab)

    1. To Consider and Approve Variation in terms of Object of the Issue as stated in the Prospectus of the Company.
      Special
      100.00% for0.00% against

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

      Turnout: all 57.20% · promoters 99.89% · institutions 0.00% · other public 14.85%

    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

    None open at any quarter's end.
    The filing has a part on fines and penalties
    No
    The filing has a part on tax disputes
    No

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Mar 2026.

    RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
    Public IssuesSep 202430.41Funding the Capital Expenditure for Purchase of new Plant & Machineries and software6.733.09NoAudit committee: The Audit committee has reviewed that there is no deviation/variation in the utilization of funds raised through IPO
    Public IssuesSep 202430.41Expenditure of renovation of registered office and existing manufacturing unit0.390.39NoAudit committee: The Audit committee has reviewed that there is no deviation/variation in the utilization of funds raised through IPO
    Public IssuesSep 202430.41Repayment/ prepayment of all or certain of our borrowings availed10.5010.50NoAudit committee: The Audit committee has reviewed that there is no deviation/variation in the utilization of funds raised through IPO
    Public IssuesSep 202430.41Pursuing inorganic growth initiatives through acquisitions4.000.00NoAudit committee: The Audit committee has reviewed that there is no deviation/variation in the utilization of funds raised through IPO
    Public IssuesSep 202430.41General Corporate purpose5.435.43NoAudit committee: The Audit committee has reviewed that there is no deviation/variation in the utilization of funds raised through IPO
    Public IssuesSep 202430.41Issues Expenses3.363.36NoAudit committee: The Audit committee has reviewed that there is no deviation/variation in the utilization of funds raised through IPO
    ₹ 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.