Shree Ajit Pulp & Paper MD, chairman, board of directors and AGM
NSE: SAPPLBSE: 538795Paper, Forest & Jute ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹309.85.
- 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.
- ₹266 Cr2,297th 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. The filing of 14 Aug 2026
- 6.4
- 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 29 May 2026
- 1.0
- 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 14 Aug 2026
- 15.8%
- 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 14 Aug 2026
- 16.2%
- 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 Mar 2026. The filing of 29 May 2026
- 0.92
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,81388.9% delivered
Shree Ajit Pulp & Paper 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 directorGautam D. Shah
- Company Secretary and Compliance OfficerChinmay Methiwala
6 directors3 independent3 executive
- Gautam D. Shah · Chairperson and managing directorExecutive · joined Mar 1995 · reappointed Jul 2023 · 1 listed board · 2 committee seats
- Bela G. ShahExecutive · joined Feb 2015 · reappointed Feb 2026 · 1 listed board
- Yogesh V. KabariaIndependent · joined Dec 2020 · reappointed Dec 2025 · 66 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Goutam MajumderExecutive · joined Mar 2024 · 1 listed board
- Surekh Rameshchandra DesaiIndependent · joined Mar 2024 · 27 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Reema KalaniIndependent · joined Mar 2024 · 27 months as independent · 1 listed board · 1 as independent · 1 committee seat
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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20264 of 6 present1 independent · 92 days in between
- 24 Feb 20264 of 6 present1 independent · 14 days in between
- 9 Feb 20264 of 6 present1 independent · 9 days in between
- 30 Jan 20264 of 6 present1 independent
Audit Committee
Chair Surekh Rameshchandra Desai
Yogesh V. Kabaria, Reema Kalani, Gautam D. Shah
- 28 May 20263 of 4 present2 independent · 107 days in between
- 9 Feb 20263 of 4 present2 independent · 9 days in between
- 30 Jan 20263 of 4 present2 independent
Nomination and remuneration committee
Chair Surekh Rameshchandra Desai
Yogesh V. Kabaria, Reema Kalani
- 30 Jan 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Yogesh V. Kabaria
Gautam D. Shah, Surekh Rameshchandra Desai
- 17 Feb 20262 of 3 present2 independent · 17 days in between
Corporate Social Responsibility Committee
Chair Gautam D. Shah
Yogesh V. Kabaria, Surekh Rameshchandra Desai
No meeting listed in the filing.
Rights Issue Committee
Chair Gautam D. Shah
Bela G. Shah, Surekh Rameshchandra Desai
No meeting listed in the filing.
Independent Directors Committee
- 17 Feb 20262 of 3 present2 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 2025.
- G. B. Laddha & Co LLPPeer-review certificate valid to Feb 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.
Shree Ajit Pulp & Paper 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.Shree Ajit Pulp & Paper dividend history
Annual general meeting, 30 Sep 2026
2,261 shareholders on the register on 22 Sep 2026; present: 4 promoters and 15 others; votes counted by Shilpi Thapar / Shilpi Thapar and Associates.The company's voting result (opens in a new tab)
Adoption of (a) the audited standalone financial statement of the Company for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the Financial Year ended March 31, 2025 and the report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.49% · promoters 82.61% · institutions 0.00% · other public 0.62%
- Re-appointment of a Director in place of Mr. Goutam Majumder (DIN: 08840684), who retires by rotation and being eligible, seeks reappointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 12.79% · promoters 21.04% · institutions 0.00% · other public 0.62%
- Re-appointment of M/s. Shilpi Thaper & Associates, Company Secretaries as Secretarial Auditor of the Company for the 5 (five) financial year from 2025-26 to 2029-30.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 49.49% · promoters 82.61% · institutions 0.00% · other public 0.62%
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
- 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.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesJan 2025 | 0.14 | To meet long-term working capital requirements | 0.25 | 0.14 | No | Audit committee: NOAuditors: NO |
| Rights IssuesJan 2025 | 0.14 | General Corporate Purpose | 0.03 | 0.00 | No | Audit committee: NOAuditors: NO |
| Rights IssuesJan 2025 | 0.14 | Issue Expense | 0.00 | 0.00 | No | Audit committee: NOAuditors: NO |