Tandhan Industries MD, chairman, board of directors and AGM
BSE: 512062Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹139.90.
- 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.
- ₹662 Cr2,110th 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.
- Lossover the last 12 months
- 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
- 5.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.01%
- 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
- −0.3%
- 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
- −0.3%
- 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
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 153
Tandhan Industries 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 directorANKIT JALAN
- Company Secretary and Compliance OfficerPriti Priya Singh
6 directors3 independent2 executive1 non-executive
- ANKIT JALAN · Chairperson and managing directorExecutive · joined Feb 2026 · 4 months as independent · 1 listed board · 2 committee seats
- GIRI RAJ PARASHARIndependent · joined Feb 2026 · 4 months as independent · 1 listed board · 1 as independent · 4 committee seats
- DAIVIK JALANNon-executive · joined Feb 2026 · 4 months as independent · 1 listed board · 1 committee seat
- SHIVAM GUPTAIndependent · joined Feb 2026 · 4 months as independent · 1 listed board · 1 as independent · 2 committee seats
- PRACHI JALANExecutive · joined Feb 2026 · 4 months as independent · 1 listed board · 1 committee seat
- PRAGATI GOELIndependent · joined Feb 2026 · 4 months as independent · 1 listed board · 1 as independent · 4 committee seats, 2 as chair
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.
6 directors who left
- DEEPAK PANDIT, left 28 Feb 2026: Others
- JENIL HITESH CHHEDA, left 28 Feb 2026: Others
- PRATEEK CHOPRA, left 28 Feb 2026: Others
- PRAKASH BHOORCHAND SHAH, left 28 Feb 2026: Others
- SUMAN PRAKASH SHAH, left 28 Feb 2026: Others
- HIMANSHU KHATRI, left 28 Feb 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present3 independent · 41 days in between
- 18 Apr 20265 of 6 present2 independent · 34 days in between
- 14 Mar 20266 of 6 present3 independent
Audit Committee
Chair PRAGATI GOEL
SHIVAM GUPTA, PRACHI JALAN, GIRI RAJ PARASHAR
- 30 May 20264 of 4 present3 independent · 41 days in between
- 18 Apr 20263 of 4 present2 independent · 62 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair PRAGATI GOEL
SHIVAM GUPTA, DAIVIK JALAN, GIRI RAJ PARASHAR
- 27 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair PRAGATI GOEL
SHIVAM GUPTA, DAIVIK JALAN, GIRI RAJ PARASHAR
- 30 May 20264 of 4 present3 independent · 104 days in between
- 14 Feb 20263 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.
- M/s. Laxmikant Kabra & Co LLPPeer-review certificate valid to Dec 2027
1 earlier auditor
- Laxmikant Kabra & Co. LLPNamed in filings from Mar 2025 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.
Tandhan Industries 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.Tandhan Industries dividend history
Annual general meeting, 30 Sep 2026
507 shareholders on the register on 23 Sep 2026; present: 9 promoters and 8 others; votes counted by Mohan Ram Goenka / MR & Associates.The company's voting result (opens in a new tab)
1(a) To receive, consider, and, adopt the Audited Standalone Financial Statement of the Company as at 31st March, 2026, the Statement of Profit & Loss Account and Cash Flow Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors' report thereon 1(b) To receive, consider, and, adopt the Audited Consolidated Financial Statement of the Company as at 31st March, 2026, the Statement of Profit & Loss Account and Cash Flow Statements of the Company for the financial year ended 31st March, 2026 together with the Auditors' report thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.41% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To declare a dividend on the equity shares of the Company for the financial year ended 31st March, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.41% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To re-appoint Mr. Ankit Jalan (DIN: 01835733) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.41% · promoters 100.00% · institutions 0.00% · other public 38.21%
- Increase in Authorised Share Capital and consequent alteration of Memorandum of Association.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.41% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To consider and approve / confirm certain Related Party Transactions undertaken by Tandhan Polyplast Limited involving utilisation of proceeds of the Preferential issueSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.41% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To consider and approve issue of Convertible Warrants on Preferential basis to the PromotersSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.41% · promoters 100.00% · institutions 0.00% · other public 38.21%
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.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSE LimitedSince 10 Jun 2026
Imposed fine of Rs. 5,000/- per day till the date of compliance
Non-compliance with Regulation 33 of SEBI (LODR) Regulations, 2015 for the period ended March 31, 2026- Consolidated Results - Cash Flow Statement for Consolidated Results not Received in Pdf & XBRL for Year Ended - March 2026MoreLess
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
- 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
- Yes
- 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 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 73.34 | To make investments in the Company’s wholly-owned subsidiaries (Tandhan Polyplast Limited) for capital expenditure relating to new and existing projects | 17.86 | 17.86 | No | Audit committee: No deviation or variation in use of funds raisedAuditors: No deviation or variation in use of funds raised |
| Preferential IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 73.34 | To make repayment of existing Debt of subsidiary (Tandhan Polyplast Limited) which was infused as fund for the business purpose of the said subsidiary | 17.86 | 17.86 | No | Audit committee: No deviation or variation in use of funds raisedAuditors: No deviation or variation in use of funds raised |
| Preferential IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 73.34 | To make investments in the Company’s wholly-owned subsidiaries (Tandhan Polyplast Limited) to meet their working capital requirements and that of the Company; | 19.22 | 19.22 | No | Audit committee: No deviation or variation in use of funds raisedAuditors: No deviation or variation in use of funds raised |
| Preferential IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 73.34 | To meet expenses related to the Issue; and | 0.11 | 0.11 | No | Audit committee: No deviation or variation in use of funds raisedAuditors: No deviation or variation in use of funds raised |
| Preferential IssuesOct 2025, checked by Infomerics Valuation and Rating Limited | 73.34 | For general corporate purposes of the Company and its subsidiaries | 18.30 | 18.30 | No | Audit committee: No deviation or variation in use of funds raisedAuditors: No deviation or variation in use of funds raised |