Reliance Chemotex Industries logo

Reliance Chemotex Industries MD, chairman, board of directors and AGM

NSE: RELCHEMQBSE: 503162Textiles & ApparelsSmall Cap

Last close ₹106.99down ₹2.05 (1.88%)BSE ₹107.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹109.04.

52-week range of traded prices to 23 Oct 2026
₹105.01Low, 30 Mar 2026₹163.00High, 14 Nov 2025
Market cap
₹81 Cr2,963rd largest listed
P/E
14.5
P/B
0.6
Dividend yield
0.47%
ROE
4.0%
ROCE
6.4%
Debt to equity
1.87
Volume, NSE
1,47069.4% delivered

Reliance Chemotex Industries 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

  • ChairpersonRAM NIWAS SHARMA
  • Managing directorSANJIV SHROFF
  • Company Secretary and Compliance OfficerCHANDRASEKARAN RAJAGOPALAN

7 directors3 independent3 executive1 non-executive

  • RAM NIWAS SHARMA · ChairpersonIndependent · joined Apr 2016 · reappointed Feb 2026 · 68 months as independent · 1 listed board · 1 as independent
  • AMIT SUSHILKUMAR SABOOIndependent · joined Apr 2024 · 30 months as independent · 1 listed board · 1 as independent
  • SRUTHY SREERAG NATHIndependent · joined Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • VIJAY KUMAR NAGARNon-executive · joined Apr 2024 · 1 listed board
  • SANJIV SHROFF · Managing directorExecutive · joined Sep 1988 · reappointed Sep 2026 · 1 listed board
  • RAHUL SHROFFExecutive · joined Jul 2008 · reappointed Sep 2024 · 1 listed board
  • AMEYA SHROFFExecutive · joined Aug 2013 · reappointed Aug 2025 · 1 listed board · 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
  • NAND GOPAL KHAITAN, left 10 Oct 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 11 Aug 20267 of 7 present3 independent · 73 days in between
    • 29 May 20265 of 7 present2 independent

  • Audit Committee

    Chair RAM NIWAS SHARMA

    SRUTHY SREERAG NATH, AMEYA SHROFF

    • 11 Aug 20263 of 3 present2 independent · 73 days in between
    • 29 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair SRUTHY SREERAG NATH

    RAM NIWAS SHARMA, VIJAY KUMAR NAGAR

    • 11 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair RAM NIWAS SHARMA

    SRUTHY SREERAG NATH, AMEYA SHROFF

    No meeting listed in the filing.

  • FINANCE COMMITTEE

    RAM NIWAS SHARMA, SANJIV SHROFF, RAHUL SHROFF

    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.

  • P K M B & Co.Peer-review certificate valid to Mar 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.

Reliance Chemotex Industries 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.Reliance Chemotex Industries dividend history

Annual general meeting, 24 Sep 2026

13,502 shareholders on the register on 18 Sep 2026; present: 10 promoters and 30 others; votes counted by Dr CS Ronak Jhuthawat / M/s. Ronak Jhuthawat & Co.The company's voting result (opens in a new tab)

  1. Consideration and adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Cash flow statement, Report of the Board of Directors and Auditors' thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.15%

    Turnout: all 67.49% · promoters 98.39% · other public 2.76%

  2. Declaration of Final Dividend of Rs. 0.50 /- per Equity Share of face value Rs. 10 each for the Financial Year ended on March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.15%

    Turnout: all 67.49% · promoters 98.39% · other public 2.76%

  3. Re-appointment of Mr. Vijay Kumar Nagar (DIN: 10552319), a Director retiring by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.15%

    Turnout: all 67.49% · promoters 98.39% · other public 2.76%

  4. Re-appointment of Mr. Ameya Shroff (DIN: 05315616), a Director retiring by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.17%

    Turnout: all 67.49% · promoters 98.39% · other public 2.76%

  5. Ratification of remuneration payable to M/s. N N & Associates, Cost Accountants (Firm Registration No.: 002322), the Cost Auditor of the Company for the financial year ending on March 31, 2027
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.15%

    Turnout: all 67.49% · promoters 98.39% · other public 2.76%

  6. Re-appointment of Mr. Sanjiv Shroff (DIN: 00296008) as Managing Director of the Company for a period of three (3) years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.17%

    Turnout: all 67.47% · promoters 98.39% · other public 2.71%

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 Apr 2026, 1 resolution

13,325 shareholders on the register on 27 Mar 2026; votes counted by Dr CS Ronak Jhuthawat / M/s. Ronak Jhuthawat & Co.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Ram Niwas Sharma (DIN: 00368947) as a Non-Executive Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.75%

    Turnout: all 67.80% · promoters 100.00% · institutions 0.00% · other public 0.36%

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, 26 Sep 2025, 8 resolutions

13,283 shareholders on the register on 19 Sep 2025; present: 11 promoters and 37 others; votes counted by Dr CS Ronak Jhuthawat / M/s. Ronak Jhuthawat & Co.The company's voting result (opens in a new tab)

  1. Consideration and adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2025, together with the Cash flow statement, Report of the Board of Directors and Auditors' thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  2. Declaration of Final Dividend of Rs. 0.50 /- per Equity Share of face value Rs. 10 each for the Financial Year ended on March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  3. Re-appointment of Mr. Rahul Shroff (DIN: 02301693), a Director retiring by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.03%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  4. Re-appointment of Mr. Nand Khaitan (DIN: 00020588), a Director retiring by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.03%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  5. Ratification of remuneration payable to M/s. N N & Associates, Cost Accountants (Firm Registration No.: 002322), the Cost Auditor of the Company for the financial year ending on March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.33%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  6. Appointment of M/s. Bhandari & Associates, Company Secretaries as Secretarial Auditors and to fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  7. Re-appointment of Mr. Ameya Shroff (DIN: 05315616) as Whole-time Director designated as Executive Director of the Company for a period of three (3) years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

  8. Approval of the continuation of Directorship of Mr. Nand Khaitan (DIN: 00020588) who will attain age of Seventy Five (75) years on May 21, 2026
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.30%

    Turnout: all 67.77% · promoters 100.00% · other public 0.26%

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, 11 Sep 2024, 6 resolutions

Present: 12 promoters and 43 others.The company's voting result (opens in a new tab)

  1. To adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2024, together with the Reports of the Board of Directors and the Statutory Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.31% · promoters 100.00% · institutions 0.00% · other public 1.94%

  2. To declare a Final Dividend of Rs. 1.00 /- per Equity Share of face value Rs. 10 each for the Financial Year ended on March 31, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.31% · promoters 100.00% · institutions 0.00% · other public 1.94%

  3. To appoint a Director in place of Mr. Sanjiv Shroff (DIN: 00296008), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 56.47% · promoters 82.51% · institutions 0.00% · other public 1.94%

  4. To appoint a Director in place of Mr. Ameya Shroff (DIN: 05315616), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 56.47% · promoters 82.51% · institutions 0.00% · other public 1.94%

  5. To ratify the remuneration payable to M/s. N N & Associates, Cost Accountants (Firm Registration No.: 002322), the Cost Auditor of the Company for the financial year ending on March 31, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.31% · promoters 100.00% · institutions 0.00% · other public 1.94%

  6. To consider the re-appointment of Mr. Rahul Shroff (DIN: 02301693) as Whole-time Director designated as Executive Director of the Company for a period of three (3) years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 56.47% · promoters 82.51% · institutions 0.00% · other public 1.94%

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, 9 May 2024, 3 resolutions

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

  1. Appointment of Mrs. Sruthy Sreerag Nath (DIN: 10479724) as an Independent Director of the Company for a period of 5 (five) years
    Special
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.50%

    Turnout: all 69.89% · promoters 100.00% · institutions 0.00% · other public 6.84%

  2. Appointment of Mr. Amit Sushilkumar Saboo (DIN: 05311484) as an Independent Director of the Company for a period of 5 (five) years
    Special
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.53%

    Turnout: all 69.89% · promoters 100.00% · institutions 0.00% · other public 6.84%

  3. Appointment of Mr. Vijay Kumar Nagar (DIN: 10552319) as a Director (Non-executive, Non-independent) of the company
    Special
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.53%

    Turnout: all 69.89% · promoters 100.00% · institutions 0.00% · other public 6.84%

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, 21 Sep 2023, 7 resolutions

Present: 12 promoters and 53 others.The company's voting result (opens in a new tab)

  1. To adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

  2. To declare a Final Dividend of Rs. 2.5 /- per Equity Share of face value Rs. 10 each for thenFinancial Year 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

  3. To appoint a Director in place of Mr. Nand Gopal Khaitan (DIN: 00020588), who retires by rotation and being eligible, offers himself for re-appointmentn
    Ordinary
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.56%

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

  4. To appoint a Director in place of Mr. Rahul Shroff (DIN: 02301693), who retires by rotation and being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

  5. To ratify the remuneration payable to M/s. N. N. & Associates, Cost Accountants (Firm Registration No.: 002322) Cost Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

  6. To consider the re-appointment of Mr. Sanjiv Shroff (DIN:00296008) as Managing Director of the Company for a period of three years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

  7. To consider the alteration of Articles of Association of the Company with respect to removal of Common Seal clause
    Special
    100.00% for0.00% against

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

    Turnout: all 68.77% · promoters 100.00% · institutions 0.00% · other public 3.36%

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, 27 Sep 2022, 7 resolutions

Present: 10 promoters and 53 others.The company's voting result (opens in a new tab)

  1. Item No. 1: Ordinary Resolution:nTo adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2022, together with reports of the Board of Directors and Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

  2. Item No. 2: Ordinary Resolution:nTo declare a Final Dividend of Rs. 2.5 /per Equity Share of face value Rs. 10 each for the Financial Year 2021-22.n
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

  3. Item No. 3: Ordinary Resolution:nTo appoint a Director in place of Mr. Sanjiv Shroff (DIN: 00296008), who retires by rotation and being eligible, offers himself for reappointment. n
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

  4. Item No. 4: Ordinary Resolution:nTo appoint a Director in place of Mrs. Dipika Shroff (DIN: 00226941), who retires by rotation and being eligible, offers herself for reappointment. n
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

  5. Item No. 5: Ordinary Resolution:nTo reappoint M/s. Jain Pramod Jain & Co, Chartered Accountants (Firm Registration No.: 016746N) as Statutory Auditors of the Company. n
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

  6. Item No. 6: Ordinary Resolution:nTo ratify the remuneration payable to M/s. N. N. & Associates, Cost Accountants (Firm Registration No.: 002322) Cost Auditors of the Company. n
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

  7. Item No. 7: Special Resolution:nTo consider the reappointment of Mr. Ameya Shroff (DIN: 05315616) as Whole-time Director designated as Executive Director of the Company. n
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 62.53% · promoters 88.21% · institutions 0.00% · other public 9.22%

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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeAjmer Vidyut Vitran Nigam LimitedSince 22 Aug 2025
    The Petition is currently pending and the next date of hearing is not yet fixed.
    At the filing before: AVVNL has disputed consumption of electricity from VS Lignite Power Ltd (VSLP), Bikaner as Captive User despite having equity participation in VSLP, Bikaner. Thus they levied a differential amount of Cross Subsidy Surcharge, Water Cess, and Electricity Duty which is otherwise exempted in the case of Captive Users. AVVNL has subsequently charged this differential amount of Rs. 3,89,22,728/- which has been disputed by us in the Court of Law. They have also been claiming the Interest on this amount. Principal Amount demand Rs. 3,89,22,728/- plus interest Rs. 12,52,58,934/- as on billing month of Sept. 2022. Subsequently, they have not mentioned any amount in their bills.MoreLess
  • Tax disputeIncome Tax Department, KolkataSince 25 Jun 2021
    The Company has filed an appeal on 09-09-2026 in the Tribunal against the order of Commissioner of Income Tax Appeals dated 14-07-2026.
    At the filing before: The Department has passed an order under Section 143 (3) of the Income Tax Act, 1961 for the assessment year 2018-19 against which the Company has filed an appeal. The appeal is pending before the Commissioner of Income Tax Appeals. Total Demand was Rs. 9,25,00,301/-MoreLess
  • Tax disputeIncome Tax Department, KolkataSince 31 Aug 2022
    The Company has filed an appeal on 09-09-2026 in the Tribunal against the order of Commissioner of Income Tax Appeals dated 14-07-2026.
    At the filing before: The Department has passed an order under Section 143 (3) of the Income Tax Act, 1961 for the assessment year 2020-21 against which the Company has filed an appeal. The appeal is pending before the Commissioner of Income Tax Appeals. Total Demand was Rs. 1,20,60,630/-MoreLess

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

At most 1 complaint open, quarter to Jun 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
No
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.