Siddhi Cotspin logo

Siddhi Cotspin MD, chairman, board of directors and AGM

NSE: SIDDHICOTSTextiles & Apparels

Last close ₹26.60down ₹0.05 (0.19%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹26.65.

52-week range of traded prices to 23 Oct 2026
₹24.25Low, 23 Oct 2026₹36.80High, 24 Oct 2025
Market cap
₹65 Cr
P/E
6.7
P/B
0.5
Dividend yield
Nonein the last 12 months
ROE
7.1%
Debt to equity
0.20
Volume, NSE
34,80089.7% delivered

Siddhi Cotspin board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

    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.

    Statutory auditor

    Named in the results for the quarter to Mar 2026.

    • M/s ABHL & AssociatesPeer-review certificate valid to Jun 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.

    Siddhi Cotspin 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.Siddhi Cotspin share news and announcements

    Annual general meeting, 31 Aug 2026

    1,552 shareholders on the register on 25 Aug 2026; present: 2 promoters and 30 others; votes counted by CS PARSHWA SHAH / PARSHWA SHAH & ASSOCIATES.The company's voting result (opens in a new tab)

    1. Adoption of Audited Financial Statements for the Financial Year ended 31st March, 2026 with the Reports of the Board of Directors and the Auditors thereon.
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 74.72% · promoters 100.00% · institutions 0.00% · other public 30.71%

    2. Appointment of Mr. Navin Saraogi (DIN: 00623331) as a director liable to retire by rotation.
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 74.72% · promoters 100.00% · institutions 0.00% · other public 30.71%

    3. Ratification of remuneration of Cost Auditor
      Ordinary
      100.00% for0.00% against

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

      Turnout: all 74.72% · promoters 100.00% · institutions 0.00% · other public 30.71%

    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 Sep 2026.

    • Tax disputeGoods and Service TaxSince 3 Feb 2025
      Appeal to Applellate Authority GST
      At the filing before: Appeal filed against order issued by Additional Commisioner of GST Ahmedabad for disllowance of GST Credit on Cotton Purchase for period F.Y. 18-19.
    • Tax disputeIncome Tax DepartmentSince 31 Mar 2024
      Pending before CIT(A)
      At the filing before: Appeal filed against order issued by Deputy Commissioner of Income Tax against disallowance of depreciation for FY 17-18.
    • Tax disputeIncome Tax DepartmentSince 31 Mar 2024
      Pending before CIT(A)
      At the filing before: Appeal filed against order issued by Deputy Commissioner of Income Tax against disallowance of depreciation for FY 18-19.

    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

    At most 1 complaint open, quarter to Sep 2025.
    The filing has a part on fines and penalties
    No
    The filing has a part on tax disputes
    Yes

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Sep 2025. The company's results filing for the quarter to Mar 2026 says no statement of how money raised was used applies to it.

    RaisedAmount raisedForSet asideSpentSpent elsewhere
    Public IssuesSep 202553.40Working Capital Requirement25.106.99No
    Public IssuesSep 202553.40Repayment or Prepayment of certain Outstanding Borrowings8.970.87No
    Public IssuesSep 202553.40General Corporate Purpose13.160.00No
    Public IssuesSep 202553.40Public Issue Related Expenses6.172.12No
    ₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.