Spice Islands Industries Ltd-$ MD, chairman, board of directors and AGM
BSE: 526827Consumer DurablesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹119.76.
- 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.
- ₹391 Cr2,508th 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 19 Aug 2026
- 58.1
- 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 30 May 2026
- 27.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.26%
- 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 19 Aug 2026
- 82.2%
- 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 19 Aug 2026
- 18.4%
- 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 30 May 2026
- 0.04
- Volume, BSEVolume. Shares traded on the last trading day.
- 30,624
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Giriraj Bang & Co.Peer-review certificate valid to Aug 2026
2 earlier auditors
- GIRIRAJ BANG & COMPANYNamed in the filing for the quarter to Dec 2025
- Giriraj & CoNamed in the filing for the quarter to Sep 2025
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.
Spice Islands Industries Ltd-$ 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.Spice Islands Industries Ltd-$ dividend history
Annual general meeting, 7 Aug 2026
2,536 shareholders on the register on 31 Jul 2026; present: 0 promoters and 32 others; votes counted by Alok Khairwar / Alok Khairwar & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the 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 thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- To take note of the Interim Dividends declared and paid during the Financial Year 2025-26 and to declare the Final Dividend on Equity Shares for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- To appoint a Director in place of Mr. Chirag Chandulal Rajpopat (DIN: 10585562), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Approve the Appointment of Ms. Nitu Vishwakarma (DIN: 11731242) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Approval for Sub-Division (Stock Split) of Every 1 (One) Equity Share of Face Value of Rs. 10/- Each into 5 (Five) Equity Shares of Face Value of Rs. 2/- EachOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Approval for Alteration of Capital Clause (Clause V) of the Memorandum of Association of the Company consequent to Sub-Division of Equity SharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Approval for Re-designation of Mr. Sandeep Jamnadas Merchant (DIN: 05210128) from Whole-time Director to Managing Director and Vice Chairman of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Appointment of Dr. Huzaifa Habil Khorakiwala (Din: 02191870) As A Non-Executive Director and Chairman of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Appointment of Mr. Nikhil Saran Mathur (Din: 00192195) As A Non-Executive Director of the CompanyOrdinary99.40% for0.60% against
Against: promoters 0.00% · institutions 0.00% · other public 0.60%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- To approve Material Related Party Transactions of the Company with entities in which Mr. Faraaz Irfan Chapra is interestedOrdinary99.44% for0.56% against
Against: promoters 0.00% · institutions 0.00% · other public 0.56%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- To approve Material Related Party Transactions of the Company with entities in which Mr. Sandeep Jamnadas Merchant is interestedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- To approve Material Related Party Transactions of the Company with entities in which Mr. Dhaval Girish Chheda, CEO is interestedOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
- Approval for Formation of a Joint Venture Company with the Peace Mission Private Limited. (SpecialSpecial99.44% for0.56% against
Against: promoters 0.00% · institutions 0.00% · other public 0.56%
Turnout: all 1.14% · promoters 0.00% · institutions 0.00% · other public 2.00%
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.
How money raised was used
Reported for the quarter to Jun 2026. 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 IssuesDec 2025 | – | The company needs to raise additional funds to meet out the working capital requirement, business expansion and other general corporate purposes of the company. considering raising funds through preferential issue to be most cost and time effective way for raising additional capital the board of directors of the company proposed to raise upto Rs. 8,69,99,580/- (Rupees Eight Crore Sixty-Nine Lakhs Ninety-Nine Thousand Five Hundred and Eighty Only) (through issue of warrants convertible into equity shares on preferential basis. The Company shall utilize the proceeds from the preferential issue of warrants convertible into equity shares to meet out the working capital requirement, business expansion and other general corporate purposes of the Company which shall enhance the business of the Company | – | – | No |