Riddhi Siddhi Gluco Biols logo

Riddhi Siddhi Gluco Biols MD, chairman, board of directors and AGM

BSE: 524480Commercial Services & SuppliesSmall Cap

Last close ₹640.35down ₹19.75 (2.99%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹660.10.

52-week range of traded prices to 23 Oct 2026
₹405.00Low, 31 Dec 2025₹861.95High, 19 Jun 2026
Market cap
₹457 Cr1,800th largest listed
P/E
Earlier quarters restated in the year
P/B
0.3
Dividend yield
0.47%
ROCE
−1.3%
Debt to equity
0.18
Volume, BSE
1,620

Riddhi Siddhi Gluco Biols 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

  • Chairperson and managing directorGANPATRAJ CHOWDHARY
  • Company Secretary and Compliance OfficerSHARAD JAIN

5 directors3 independent2 executive

  • GANPATRAJ CHOWDHARY · Chairperson and managing directorExecutive · joined Jul 1990 · reappointed Oct 2025 · 3 listed boards · 1 as independent · 4 committee seats
  • SIDDHARTH CHOWDHARYExecutive · joined May 2016 · reappointed Oct 2025 · 2 listed boards · 2 committee seats
  • BALVEERMAL SINGHVIIndependent · joined Feb 2018 · reappointed Feb 2023 · 100 months as independent · 7 listed boards · 7 as independent · 10 committee seats, 4 as chair
  • SANGITA SHINGIIndependent · joined Aug 2023 · 34 months as independent · 4 listed boards · 4 as independent · 6 committee seats
  • MAHENDRA KUMAR BHANDARIIndependent · joined Aug 2020 · reappointed Aug 2025 · 70 months as independent · 1 listed board · 1 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
  • PRATIK SHAH, left 22 Jun 2026: Others

Committees and meetings

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

  • Board

    • 25 May 20266 of 6 present4 independent · 106 days in between
    • 7 Feb 20266 of 6 present4 independent · 18 days in between
    • 19 Jan 20266 of 6 present4 independent
  • Audit Committee

    Chair BALVEERMAL SINGHVI

    GANPATRAJ CHOWDHARY, MAHENDRA KUMAR BHANDARI, SANGITA SHINGI

    • 25 May 20264 of 4 present3 independent · 106 days in between
    • 7 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair BALVEERMAL SINGHVI

    MAHENDRA KUMAR BHANDARI, SANGITA SHINGI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair BALVEERMAL SINGHVI

    GANPATRAJ CHOWDHARY, MAHENDRA KUMAR BHANDARI

    • 25 May 20263 of 3 present2 independent · 106 days in between
    • 7 Feb 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair GANPATRAJ CHOWDHARY

    SIDDHARTH CHOWDHARY, BALVEERMAL SINGHVI

    No meeting listed in the filing.

  • FINANCE AND INVESTMENT COMMITTEE

    Chair GANPATRAJ CHOWDHARY

    SIDDHARTH CHOWDHARY

    • 27 Jun 20262 of 2 present0 independent · 18 days in between
    • 8 Jun 20262 of 2 present0 independent · 81 days in between
    • 18 Mar 20262 of 2 present0 independent · 38 days in between
  • STRATEGIC ACQUISITION COMMITTEE

    Chair SIDDHARTH CHOWDHARY

    GANPATRAJ CHOWDHARY, BALVEERMAL SINGHVI

    • 29 Apr 20263 of 3 present1 independent · 33 days in between
    • 26 Mar 20263 of 3 present1 independent
  • Independent Directors Committee

    • 7 Feb 20264 of 4 present4 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.

  • BATLIBOI & PUROHITPeer-review certificate valid to Apr 2028

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.

Riddhi Siddhi Gluco Biols 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.Riddhi Siddhi Gluco Biols dividend history

Annual general meeting, 25 Sep 2026

3,867 shareholders on the register on 18 Sep 2026; present: 2 promoters and 34 others; votes counted by Mr. Kinjal Shah / Kinjal Shah Practicing Company Secretary.The company's voting result (opens in a new tab)

  1. (a) To receive, consider, approve and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended on 31st March, 2026 and the Reports of the Board of Directors' and Auditors' thereon. (b) To receive, consider, approve and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended on 31st March, 2026 and the Report of the Auditors' thereon.MoreLess
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.30%

    Turnout: all 80.10% · promoters 99.62% · institutions 0.00% · other public 24.12%

  2. To appoint a Director in place of Mr. Siddharth Chowdhary (DIN: 01798350), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.30%

    Turnout: all 80.10% · promoters 99.62% · institutions 0.00% · other public 24.12%

  3. To declare Dividend on Equity Shares for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.10% · promoters 99.62% · institutions 0.00% · other public 24.12%

  4. To re-appoint M/s. Batliboi & Purohit Chartered Accountants Mumbai (Firm Registration Number : 101048W as Statutory Auditor's of the Company for Second term of 5 (five) consecutive Financial Years
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.30%

    Turnout: all 80.10% · promoters 99.62% · institutions 0.00% · other public 24.12%

  5. To appoint Mr. Taral Shah (DIN: 00005375) as an Independent Director of the Company.
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.30%

    Turnout: all 80.10% · promoters 99.62% · institutions 0.00% · other public 24.12%

  6. Approval for entering into Material Related Party Transaction by way of borrowings from Bluecraft Agro Private Limited
    OrdinaryPromoters have an interest in it
    98.70% for1.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.30%

    Turnout: all 5.38% · promoters 0.00% · institutions 0.00% · other public 24.11%

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 Jun 2026.

  • Tax disputeUnion Government (Income Tax Department)Since 28 Jun 2021
    CIT(A) has given relief against the Assessment Order(s) demanding Rs 1846.47 lakhs. Against the said orders of CIT(A), Income Tax Department and Company are in appeal with Income Tax Appellate Tribunal (ITAT). At present there is no outstanding demand.MoreLess
    At the filing before: Income Tax Assessment u/s 153A/153C of the Income Tax Act with demand of Rs. 1846.47 lakh pertaining to AY 2014-15 to 2021-22.
  • Tax disputeUnion Government (Central excise Department)Since 6 Sep 2004
    The matter is pending before Appellate Tribunal/Courts including Supreme Court of India
    At the filing before: Demand of Excise duty arisen on account of dispute in classification of finished goods against which company is in appeal before various appellate authorities including Court.
  • Tax disputeHolystar Resources (P) LtdSince 10 Jan 2008
    The matter is pending before Debt Recovery Appellate Tribunal (DRAT), Mumbai.
    At the filing before: Ex-party order by Debt Recovery Tribunal (DRT), Mumbai for recovery of rent pursuant to triparty agreement between Company, Holystar Resources Natural P Ltd ( lessor) and Bank of Baroda for recovery of rent.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

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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.