Rudra Ecovation MD, chairman, board of directors and AGM
BSE: 514010Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹19.12.
- 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.
- ₹227 Cr2,260th 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.
- Lossover the last 12 months
- 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 12 Oct 2026
- 1.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 12 Oct 2026
- −4.1%
- 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 12 Oct 2026
- −3.3%
- 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 Sep 2026. The filing of 12 Oct 2026
- 0.01
- Volume, BSEVolume. Shares traded on the last trading day.
- 41,280
Rudra Ecovation 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
- ChairpersonAkhil Malhotra
- Company Secretary and Compliance OfficerNancy Singla
7 directors4 independent2 executive1 non-executive
- Gian Chand ThakurExecutive · joined Nov 2014 · reappointed Oct 2021 · 1 listed board · 1 committee seat
- Akhil Malhotra · ChairpersonNon-executive · joined Nov 2023 · reappointed Feb 2024 · 1 listed board · 2 committee seats
- Bhim Sain GoyalIndependent · joined Nov 2023 · reappointed Feb 2024 · 34 months as independent · 1 listed board · 1 as independent
- Kajal RaiIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
- Dharam Veer SinghIndependent · joined Aug 2025 · reappointed Sep 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat, 3 as chair
- Inderpreet SinghIndependent · joined Sep 2026 · reappointed Sep 2026 · 0 months as independent · 1 listed board · 1 as independent
- Rahul KapoorExecutive · joined Sep 2026 · reappointed Sep 2026 · 1 listed board
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.
5 directors who left
- Akhilesh Kumar Tiwari, left 2 Sep 2026: Others
- Surjit Singh, left 13 Aug 2025: Others
- Vinod Kumar Goyal, left 30 Apr 2025: Others
- Manoj Kumar, left 7 Oct 2024: Others
- Malkeet Kaur, left 7 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 18 Sep 20266 of 7 present3 independent · 15 days in between
- 2 Sep 20264 of 6 present2 independent · 19 days in between
- 13 Aug 20264 of 6 present2 independent · 75 days in between
- 29 May 20266 of 6 present3 independent
Audit Committee
Chair Dharam Veer Singh
Akhil Malhotra, Kajal Rai
- 18 Sep 20263 of 3 present2 independent · 35 days in between
- 13 Aug 20263 of 4 present2 independent · 75 days in between
- 29 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Dharam Veer Singh
Akhil Malhotra, Inderpreet Singh
- 2 Sep 20262 of 3 present1 independent
Stakeholders Relationship Committee
Chair Dharam Veer Singh
Gian Chand Thakur, Kajal Rai
- 18 May 20263 of 3 present2 independent · 17 days in between
- 30 Apr 20263 of 3 present2 independent
- 1 Apr 20263 of 3 present2 independent
Banking and Finance Committee
Chair Dharam Veer Singh
Gian Chand Thakur, Akhilesh Kumar Tiwari, Rahul Kapoor
No meeting listed in the filing.
Expansion and Diversification Committee
Chair Akhil Malhotra
Bhim Sain Goyal, Inderpreet Singh, Gian Chand Thakur
No meeting listed in the filing.
Independent Director Committee Meeting
- 29 May 20263 of 3 present3 independent · 10 days in between
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.
- Manjul Mittal & AssociatesPeer-review certificate valid to Sep 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.
Rudra Ecovation 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.Rudra Ecovation share news and announcements
Annual general meeting, 30 Sep 2026
13,259 shareholders on the register on 23 Sep 2026; present: 4 promoters and 37 others; votes counted by Ansh Bhambri / Bhambri & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements along with reports of the Board of Directors and Auditors thereon for the financial year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.62% · promoters 100.00% · institutions 0.00% · other public 7.78%
To consider and approve, with or without modification, the appointment of Mr. Akhil Malhotra (DIN: 00126240) Non-Executive Director, who retires by rotation and being eligible, offers himself for reappointment.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.73% · promoters 100.00% · institutions 0.00% · other public 7.93%
- To re-appoint Mr. Gian Chand thakur (DIN: 07006447) as Whole-Time Director of the Company for a further period of five years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.73% · promoters 100.00% · institutions 0.00% · other public 7.93%
- To appoint/change in designation of Mr. Inderpreet Singh (DIN: 11590171) to an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.73% · promoters 100.00% · institutions 0.00% · other public 7.93%
- Appointment / change in Designation of Mr. Rahul Kapoor (DIN: 07705566) as an Executive Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 21.73% · promoters 100.00% · institutions 0.00% · other public 7.93%
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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJan 2026 | – | The Company shall utilize the proceeds from the preferential issue of warrants convertible into equity shares to acquire equity stake in Shiva Texfabs Limited to support the ongoing expansion of Shiva Texfabs Limited pending the proposed merger between Rudra Ecovation Limited and Shiva Texfabs Limited and to meet out the working capital requirement, business expansion and other general corporate purposes of the Company. | – | – | No |
| Preferential IssuesJan 2026 | – | The Company shall utilize the proceeds from the preferential issue of warrants convertible into equity shares to acquire equity stake in Shiva Texfabs Limited to support the ongoing expansion of Shiva Texfabs Limited pending the proposed merger between Rudra Ecovation Limited and Shiva Texfabs Limited and to meet out the working capital requirement, business expansion and other general corporate purposes of the Company. | – | – | No |
| Preferential IssuesJan 2026 | – | The Company shall utilize the proceeds from the preferential issue of warrants convertible into equity shares to acquire equity stake in Shiva Texfabs Limited to support the ongoing expansion of Shiva Texfabs Limited pending the proposed merger between Rudra Ecovation Limited and Shiva Texfabs Limited and to meet out the working capital requirement, business expansion and other general corporate purposes of the Company. | – | – | No |