Sarla Performance Fibers logo

Sarla Performance Fibers MD, chairman, board of directors and AGM

NSE: SARLAPOLYBSE: 526885Textiles & ApparelsSmall Cap

Last close ₹91.03up ₹0.03 (0.03%)BSE ₹91.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹91.00.

52-week range of traded prices to 23 Oct 2026
₹68.40Low, 30 Mar 2026₹111.00High, 6 Aug 2026
Market cap
₹724 Cr1,655th largest listed
P/E
394.2
P/E without one-offs
9.2
P/B
1.4
Dividend yield
2.20%
ROE
0.4%
ROE without one-offs
15.7%
ROCE
4.3%
Debt to equity
0.37
Volume, NSE
37,32158.3% delivered

Sarla Performance Fibers 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

  • Chairperson and managing directorKRISHNA MADHUSUDHAN JHUNJHUNWALA
  • Company Secretary and Compliance OfficerMustafa Manasawala

6 directors3 independent3 executive

  • KRISHNA MADHUSUDHAN JHUNJHUNWALA · Chairperson and managing directorExecutive · joined Jun 1994 · reappointed Oct 2024 · 1 listed board · 2 committee seats
  • NEHA KRISHNA JHUNJHUNWALAExecutive · joined Mar 2015 · reappointed Feb 2022 · 1 listed board
  • PAULO MANUEL CASTRO FERREIRA MOURAIndependent · joined May 2019 · reappointed May 2024 · 88 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • KANAV KRISHNA JHUNJHUNWALAExecutive · joined Feb 2022 · reappointed Apr 2025 · 1 listed board
  • SACHIN SHASHIKANT ABHYANKARIndependent · joined Aug 2023 · reappointed Jun 2024 · 27 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • BHARAT KISHORE JHAMVARIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 2 listed boards · 2 as independent · 3 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.

Committees and meetings

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

  • Board

    • 5 Aug 20266 of 6 present3 independent · 85 days in between
    • 11 May 20266 of 6 present3 independent · 18 days in between
    • 22 Apr 20264 of 6 present2 independent
  • Audit Committee

    Chair SACHIN SHASHIKANT ABHYANKAR

    KRISHNA MADHUSUDHAN JHUNJHUNWALA, BHARAT KISHORE JHAMVAR, PAULO MANUEL CASTRO FERREIRA MOURA

    • 5 Aug 20264 of 4 present3 independent · 85 days in between
    • 11 May 20264 of 4 present3 independent · 18 days in between
    • 22 Apr 20263 of 4 present2 independent
  • Nomination and remuneration committee

    Chair SACHIN SHASHIKANT ABHYANKAR

    PAULO MANUEL CASTRO FERREIRA MOURA, BHARAT KISHORE JHAMVAR

    • 22 Apr 20262 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair SACHIN SHASHIKANT ABHYANKAR

    KRISHNA MADHUSUDHAN JHUNJHUNWALA, BHARAT KISHORE JHAMVAR

    • 5 Aug 20263 of 3 present2 independent · 104 days in between
    • 22 Apr 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair NEHA KRISHNA JHUNJHUNWALA

    KANAV KRISHNA JHUNJHUNWALA, PAULO MANUEL CASTRO FERREIRA MOURA

    • 5 Aug 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 Jun 2026.

  • CNK AND ASSOCIATES LLP CHARTERED ACCOUNTANTSPeer-review certificate valid to Jul 2027
1 earlier auditor
  • CNK & Associates LLPNamed in the filing for the quarter to Mar 2026

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.

Sarla Performance Fibers 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.Sarla Performance Fibers dividend history

Annual general meeting, 29 Jul 2026

32,934 shareholders on the register on 22 Jul 2026; present: 11 promoters and 51 others; votes counted by CS VYOMA DESAI / Abbas Lakdawalla & Associates LLP.The company's voting result (opens in a new tab)

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

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

    Turnout: all 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

  2. To declare a final dividend of Rs.2/- (Rupees Two only) per equity share of face value ?1/- each on the Equity Shares of the Company 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 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

  3. To consider the re-appointment of Ms. Neha Krishna Jhunjhunwala (DIN:07144529) as a director of the Company, who retires by rotation.
    OrdinaryPromoters have an interest in it
    99.11% for0.89% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

  4. To consider the ratification of remuneration payable to M/s. Kasina & associates, cost accountants (firm registration no. 104088), re-appointed as cost auditors of the Company for the financial year ending March 31, 2027MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

  5. To approve the revision in remuneration of Ms. Neha Krishna Jhunjhunwala (DIN: 07144529), Director (Executive) of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

  6. To approve the waiver of recovery of excess remuneration paid to Ms. Neha Krishna Jhunjhunwala (DIN: 07144529), Director (Executive) of the Company, for the financial year 2025–26.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

  7. To approve and confirm the aggregate remuneration payable to the Executive Directors who are members of the Promoter and Promoter Group of the Company for the financial year ended March 31, 2026, and to accord prior approval for the remainder of their respective tenures, pursuant to Section 197 of the Companies Act, 2013 and Regulation 17(6)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
    SpecialPromoters have an interest in it
    99.11% for0.89% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 71.87% · promoters 99.99% · institutions 45.13% · other public 29.16%

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, 13 Mar 2026, 2 resolutions

35,981 shareholders on the register on 6 Feb 2026; votes counted by CS Vyoma Desai / Abbas Lakdawalla & Associates LLP.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE ‘CREATION OF CHARGE / SECURITY ON THE ASSETS OF THE COMPANY’
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 71.44% · promoters 99.99% · institutions 42.95% · other public 33.11%

  2. ‘TO CONSIDER AND APPROVE ‘INCREASE IN OVERALL BORROWING LIMITS OF THE COMPANY AS PER SECTION 180 (1) (c) OF THE COMPANIES ACT, 2013’
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 71.44% · promoters 99.99% · institutions 42.95% · other public 33.11%

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.

Annual general meeting, 25 Jun 2025, 6 resolutions

37,731 shareholders on the register on 18 Jun 2025; present: 11 promoters and 32 others; votes counted by CS Abbas Lakdawalla / Abbas Lakdawalla & Associates LLP.The company's voting result (opens in a new tab)

  1. Adoption of the audited financial statements together with the reports of the board and auditors. (a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon. (b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.14% · promoters 100.00% · institutions 41.15% · other public 18.22%

  2. To declare a final dividend of Rs. 3.00/- per equity share of face value Rs. 1.00/- each for the financial year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.14% · promoters 100.00% · institutions 41.15% · other public 18.22%

  3. To appoint a Director in place of Ms. Neha Jhunjhunwala (DIN: 07144529), who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.92% for1.08% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 65.14% · promoters 100.00% · institutions 41.15% · other public 18.22%

  4. To consider and approve change in designation and revision in remuneration of Mr. Kanav Jhunjhunwala (DIN: 09507192)
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 65.14% · promoters 100.00% · institutions 41.15% · other public 18.22%

  5. Ratification of cost auditor’s remuneration for Financial Year 2025-26.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.14% · promoters 100.00% · institutions 41.15% · other public 18.22%

  6. Appointment of Secretarial Auditor for Financial Year 2025-26 to 2029-30.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.14% · promoters 100.00% · institutions 41.15% · other public 18.22%

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.

Postal ballot, 6 Mar 2025, 2 resolutions

39,487 shareholders on the register on 31 Jan 2025; votes counted by CS Swati Gupta / CS Swati Gupta.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE ‘SARLA PERFORMANCE FIBERS LIMITED EMPLOYEE STOCK OPTION PLAN (ESOP) SCHEME 2025’
    Special
    98.70% for1.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 29.63%

    Turnout: all 59.29% · promoters 100.00% · institutions 0.00% · other public 6.40%

  2. EXTENSION OF ‘SARLA PERFORMANCE FIBERS LIMITED EMPLOYEE STOCK OPTION PLAN (ESOP) SCHEME 2025’ TO EMPLOYEES OF SUBSIDIARY COMPANY(IES) OF THE COMPANY
    Special
    98.69% for1.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 29.75%

    Turnout: all 59.29% · promoters 100.00% · institutions 0.00% · other public 6.40%

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, 8 Aug 2024, 7 resolutions

Present: 3 promoters and 53 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt - a. Audited Standalone Financial Statements of thenCompany for the Financial Year ended March 31, 2024 together with the Reports of the Board of Directors and Auditors thereon;nb. Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 20.82% · promoters 33.35% · institutions 9.81% · other public 3.34%

  2. To appoint a Director in place of Ms. NehanJhunjhunwala (DIN: 07144529), who retires bynrotation and being eligible, offers herself for reappointment
    Ordinary
    96.87% for3.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 28.42%

    Turnout: all 22.04% · promoters 33.35% · institutions 9.81% · other public 6.73%

  3. To consider and, if thought fit, ratify thenremuneration payable to M/s. Kasina & Associates,nCost Accountants (Firm Registration Number:n104088), Cost Auditors of the Company for thenFinancial Year 2023-24 and 2024-25MoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 40.43% · promoters 33.35% · institutions 9.81% · other public 57.74%

  4. To consider and approve re-designation and reappointment of Mr. Krishnakumar Jhunjhunwalan(DIN: 00097175) as the Executive Chairman andnManaging Director of the Company
    Special
    99.99% for0.01% against

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

    Turnout: all 40.43% · promoters 33.35% · institutions 9.81% · other public 57.74%

  5. To consider and approve re-appointmentnof Mr. Paulo Manuel Castro Ferreira Mouran(DIN:08459844) as a Non- Executive IndependentnDirector of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 40.43% · promoters 33.35% · institutions 9.81% · other public 57.74%

  6. To approve ratification of appointment of Mr.nBharat K. Jhamvar (DIN: 00211297) as a NonExecutive Independent Director of the Company
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 40.43% · promoters 33.35% · institutions 9.81% · other public 57.74%

  7. To consider and approve re-designation of Mr.nSachin Shashikant Abhyankar (DIN: 02760746)nas a Non-Executive Independent Director of thenCompany
    Special
    98.29% for1.71% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.32%

    Turnout: all 40.43% · promoters 33.35% · institutions 9.81% · other public 57.74%

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, 5 resolutions

Present: 9 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na. Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023 together with the Reports of the Board of Directors and Auditors thereon; andnb. Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023 and the Report of Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 57.57% · promoters 100.00% · institutions 96.51% · other public 1.06%

  2. Appointment of Mr. Kanav Krishna Jhunjhunwala (DIN: 09507192) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.89% for1.11% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.93%

    Turnout: all 57.57% · promoters 100.00% · institutions 96.51% · other public 1.06%

  3. Ratification of the remuneration of Cost Auditors for the Financial Year ending March 31, 2024.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 57.57% · promoters 100.00% · institutions 96.51% · other public 1.06%

  4. Appointment of Mr. Sachin Shashikant Abhyankar (DIN: 02760746) as a Non-Executive, Non-Independent Director of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 57.57% · promoters 100.00% · institutions 96.51% · other public 1.06%

  5. Appointment of Mr. Bharat K. Jhamvar (DIN: 00211297) as an Independent Director of the Company for a period of 5 (Five) years.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 57.57% · promoters 100.00% · institutions 96.51% · other public 1.06%

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, 28 Sep 2022, 6 resolutions

Present: 7 promoters and 42 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na. Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Reports of the Board of Directors and Auditors thereon; andnb. Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 and the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.82% · promoters 98.61% · institutions 74.33% · other public 9.24%

  2. Declaration of final dividend on equity shares for the financial year ended March 31, 2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.82% · promoters 98.61% · institutions 74.33% · other public 9.24%

  3. Appointment of a Director in place of Ms. Neha Jhunjhunwala [DIN: 07144529], who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers herself for re-appointment.MoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 59.82% · promoters 98.61% · institutions 74.33% · other public 9.24%

  4. Re-appointment of Statutory Auditors, M/s. CNK & Associates LLP and to fix their remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 59.82% · promoters 98.61% · institutions 74.33% · other public 9.24%

  5. Re-appointment of Mrs. Shreya Desai (DIN: 08041995), as an Independent Director of the Company for a second term
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 59.82% · promoters 98.61% · institutions 74.33% · other public 9.24%

  6. Ratification of the remuneration of Cost Auditors M/s. V.B. Modi & Associates for the Financial Year ending March 31, 2023
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 59.82% · promoters 98.61% · institutions 74.33% · other public 9.24%

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.

Extraordinary general meeting, 10 May 2022, 2 resolutions

Present: 7 promoters and 32 others.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Kanav Jhunjhunwala (DIN: 09507192) as an Executive Director of thenCompany
    OrdinaryPromoters have an interest in it
    58.44% for41.56% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.01%

    Turnout: all 1.90% · promoters 0.00% · institutions 84.58% · other public 2.56%

  2. Remuneration payable to Ms. Neha Jhunjhunwala (DIN: 07144529) as an Executive Director of the Company
    OrdinaryPromoters have an interest in it
    58.42% for41.58% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.04%

    Turnout: all 1.90% · promoters 0.00% · institutions 84.58% · other public 2.56%

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.