Riba Textiles logo

Riba Textiles MD, chairman, board of directors and AGM

BSE: 531952Textiles & ApparelsSmall Cap

Last close ₹63.10down ₹0.55 (0.86%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹63.65.

52-week range of traded prices to 23 Oct 2026
₹49.02Low, 30 Mar 2026₹95.90High, 1 Jul 2026
Market cap
₹61 Cr3,190th largest listed
P/E
7.8
P/B
0.6
Dividend yield
Nonein the last 12 months
ROE
7.7%
ROCE
9.5%
Debt to equity
0.72
Volume, BSE
53

Riba Textiles 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

  • ChairpersonAsha GargRelated to the promoter
  • Managing directorAmit Garg
  • Company Secretary and Compliance OfficerNeha Dubey

6 directors3 independent3 executive

  • Asha Garg · ChairpersonExecutive · joined Sep 2017 · reappointed Aug 2024 · 1 listed board · 1 committee seat
  • Amit Garg · Managing directorExecutive · joined Dec 1994 · reappointed Dec 2023 · 1 listed board
  • Nitin GargExecutive · joined Dec 1994 · reappointed Dec 2023 · 1 listed board
  • Shyam Sundar MiglaniIndependent · joined Sep 2021 · 58 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Parveen Kumar GoyalIndependent · joined Sep 2022 · 46 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Hari Parkash SharmaIndependent · joined Aug 2025 · 10 months as independent · 1 listed board · 1 as independent · 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.

1 director who left
  • Navnish Mittal, left 1 Sep 2025: Others

Committees and meetings

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

  • Board

    • 26 Jun 20266 of 6 present3 independent · 27 days in between
    • 29 May 20266 of 6 present3 independent · 56 days in between
    • 2 Apr 20266 of 6 present3 independent · 48 days in between
    • 12 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair Parveen Kumar Goyal

    Shyam Sundar Miglani, Hari Parkash Sharma

    • 29 May 20263 of 3 present3 independent · 105 days in between
    • 12 Feb 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair Hari Parkash Sharma

    Shyam Sundar Miglani, Parveen Kumar Goyal

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Hari Parkash Sharma

    Asha Garg, Parveen Kumar Goyal

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Parveen Kumar Goyal

    Amit Garg, Asha Garg

    • 29 May 20263 of 3 present1 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.

  • M/s Ashwani Sindwani & CoPeer-review certificate valid to Jan 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.

Riba Textiles 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.Riba Textiles share news and announcements

Annual general meeting, 24 Sep 2026

5,105 shareholders on the register on 17 Sep 2026; present: 4 promoters and 157 others; votes counted by Vishal Gupta / Vishal Gupta & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Auditors and Board of Directors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.22%

    Turnout: all 63.43% · promoters 99.70% · other public 3.87%

  2. To appoint a Director in place of Mr. Nitin Garg (DIN: 00202179), who retires by rotation as per section 152(6) of Companies Act 2013 and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.40%

    Turnout: all 54.36% · promoters 85.11% · other public 3.87%

  3. Re-appointment of Appointment of Mr. Amit Garg, DIN: 00202171, Managing Director of the Company for the Period of 3 Years.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.22%

    Turnout: all 53.12% · promoters 83.12% · other public 3.87%

  4. Re-Appointment of Mr. Nitin Garg DIN:00202179 Whole-Time Director of the Company for the Period of 3 Years.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.40%

    Turnout: all 54.36% · promoters 85.11% · other public 3.87%

  5. Re-appointment of Mr. Shyam Sunder Miglani (Din: 09278229) as an Independent Director of the Company For 2nd Term.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · other public 0.40%

    Turnout: all 63.43% · promoters 99.70% · other public 3.87%

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 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
Yes
The filing has a part on fines and penalties
No
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.