Stallion India Fluorochemicals CEO, MD, chairman, board of directors and AGM
NSE: STALLIONBSE: 544342Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹192.92.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- 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.
- ₹2,128 Cr1,230th 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 12 Aug 2026
- 40.9
- 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 13 May 2026
- 3.1
- 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 Aug 2026
- 10.6%
- 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 Aug 2026
- 9.2%
- 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 13 May 2026
- 0.05
- Volume, NSEVolume. Shares traded on the last trading day.
- 2,39,957
Stallion India Fluorochemicals 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 director and CEOSHAZAD SHERIAR RUSTOMJI
- Company Secretary and Compliance OfficerGOVIND RAO
8 directors3 independent4 executive1 non-executive
- SHAZAD SHERIAR RUSTOMJI · Chairperson and managing director and CEOExecutive · joined Sep 2002 · reappointed Apr 2022 · 60 months as independent · 1 listed board · 1 committee seat
- MANISHA SHAZAD RUSTOMJIExecutive · joined Sep 2002 · reappointed Sep 2022 · 1 listed board
- ROHAN SHAZAD RUSTOMJIExecutive · joined Sep 2021 · 1 listed board
- GEETU YADAVExecutive · joined Aug 2020 · 1 listed board
- RAJAGOPAL NEELACANTANIndependent · joined Jul 2023 · 60 months as independent · 1 listed board · 1 as independent
- MUKUND KANDOIIndependent · joined Jan 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
- AMEETKUMAR VILASCHANDRAMEHTAIndependent · joined Apr 2025 · 60 months as independent · 1 listed board · 2 as independent · 1 committee seat
- SWATI GHOSHNon-executive · joined May 2026 · 60 months as independent · 1 listed board · 1 as independent
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.
2 directors who left
- GAUTAM LATH, left 20 Apr 2026: Others
- VIRENDRAKUMAR MEHTA, left 8 Apr 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20268 of 8 present4 independent · 90 days in between
- 13 May 20267 of 8 present3 independent · 22 days in between
- 20 Apr 20268 of 8 present4 independent
Audit Committee
Chair RAJAGOPAL NEELACANTAN
AMEETKUMAR VILASCHANDRAMEHTA, GEETU YADAV, MUKUND KANDOI
- 12 Aug 20264 of 4 present4 independent · 90 days in between
- 13 May 20263 of 4 present2 independent · 22 days in between
- 20 Apr 20263 of 4 present2 independent
Nomination and remuneration committee
Chair RAJAGOPAL NEELACANTAN
MUKUND KANDOI, SHAZAD SHERIAR RUSTOMJI, AMEETKUMAR VILASCHANDRAMEHTA
- 13 May 20263 of 4 present2 independent · 399 days in between
- 8 Apr 20254 of 4 present3 independent
Stakeholders Relationship Committee
Chair RAJAGOPAL NEELACANTAN
MUKUND KANDOI, SHAZAD SHERIAR RUSTOMJI
No meeting listed in the filing.
Risk Management Committee
Chair SHAZAD SHERIAR RUSTOMJI
AMEETKUMAR VILASCHANDRAMEHTA, MUKUND KANDOI
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair SHAZAD SHERIAR RUSTOMJI
MUKUND KANDOI, RAJAGOPAL NEELACANTAN
- 12 Aug 20263 of 3 present3 independent · 368 days in between
- 8 Aug 20253 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 2026.
- Mittal & AsscociatesPeer-review certificate valid to May 2027
1 earlier auditor
- Mittal & Associates, Chartered AccountantsNamed in the filing for the quarter to Mar 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.
Stallion India Fluorochemicals 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.Stallion India Fluorochemicals share news and announcements
Annual general meeting, 21 Sep 2026
68,121 shareholders on the register on 16 Sep 2026; present: 3 promoters and 31 others; votes counted by HEENA AGRAWAL / HEENA.The company's voting result (opens in a new tab)
- Adoption of Financial Statements of the Company for the Financial Year ended 31st March 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Appointment of Mrs. Manisha Shazad Rustomji (DIN: 03186678) as a director, liable to retire by rotationOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Appointment of Ms. Swati Ghosh (DIN: 08789050) as an Independent DirectorSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
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.
Postal ballot, 30 May 2026, 1 resolution
66,507 shareholders on the register on 24 Apr 2026; votes counted by CS HEENA AGARWAL / HEENA.The company's voting result (opens in a new tab)
- APPROVAL FOR VARIATION IN TERMS OF OBJECTS OF THE ISSUE (IPO PROCEEDS)Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
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.
Annual general meeting, 15 Sep 2025, 9 resolutions
41,769 shareholders on the register on 9 Sep 2025; present: 62 promoters and 3 others; votes counted by HEEENA AGRAWAL / HEENA.The company's voting result (opens in a new tab)
- Adoption of Financial Statements of the Company for the Financial Year ended 31st March 2025Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Appointment of Mrs. Geetu Yadav DIN 08831278 as a director, liable to retire by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Appointment of Mr. Ameetkumar Vilaschandra Mehta DIN 07813086as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Continuation of Mr. Rajagopal Neelacantan DIN 00176806 as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- To appoint Ms. NKM and Associates, firm of Practicing Company Secretaries, as Secretarial Auditors.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- To consider and approve Raising Funds by way of issuance of equity shares and or equity linked Securities.Special99.74% for0.26% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Approval of Stallion Employee Stock Option Plan 2025 for the employees of the company.Special99.74% for0.26% against
Against: promoters 0.00% · institutions 100.00% · other public 0.04%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Approval of Stallion Employee Stock Option Plan 2025 for the employees of the company.Special99.74% for0.26% against
Against: promoters 0.00% · institutions 100.00% · other public 0.04%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Grant of Employee Stock Options equal to or more than 1 percentage of the issued capital of the Company.Special99.70% for0.30% against
Against: promoters 0.00% · institutions 100.00% · other public 0.34%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
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.
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 Jun 2026. 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 |
|---|---|---|---|---|---|
| Public IssuesJan 2025, checked by CARE Ratings Limited | – | Funding incremental working capital requirements of the Company. | – | – | Yes |
| Public IssuesJan 2025, checked by CARE Ratings Limited | – | Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”). | – | – | Yes |
| Public IssuesJan 2025, checked by CARE Ratings Limited | – | Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”). | – | – | Yes |
| Public IssuesJan 2025, checked by CARE Ratings Limited | – | General Corporate Purposes. | – | – | Yes |
| Public IssuesJan 2025, checked by CARE Ratings Limited | – | Issue Expenses | – | – | Yes |
| Rights IssuesMar 2026, checked by INFOMERICS VALUATION AND RATING LIMITED | – | Acquisition of land | – | – | No |
| Rights IssuesMar 2026, checked by INFOMERICS VALUATION AND RATING LIMITED | – | Plant and Machinery, EPC Contracting , Design Engineering , Commissioning , Training & Technology Transfer and Design, Cost, Building and Construction Cost | – | – | No |
| Rights IssuesMar 2026, checked by INFOMERICS VALUATION AND RATING LIMITED | – | Issue Related Expenses | – | – | No |
| Rights IssuesMar 2026, checked by INFOMERICS VALUATION AND RATING LIMITED | – | General Corporate Purpose | – | – | No |