TANFAC Industries MD, chairman, board of directors and AGM
BSE: 506854Chemicals & PetrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹3,315.05.
- 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.
- ₹7,108 Cr837th 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 24 Jul 2026
- 105.1
- 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.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.14%
- 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 24 Jul 2026
- 19.7%
- 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 24 Jul 2026
- 20.0%
- 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 6 May 2026
- 0.25
- Volume, BSEVolume. Shares traded on the last trading day.
- 79,280
TANFAC Industries 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
- ChairpersonD. Karthikeyan
- Company Secretary and Compliance OfficerVinod Kumar S
8 directors4 independent2 executive2 non-executive
- D. Karthikeyan · ChairpersonNominee, non-executive · joined Jul 2026 · 2 listed boards
- Afzal MalkaniExecutive · joined Jan 2026 · 1 listed board
- R. KarthikeyanNon-executive · joined Mar 2024 · 3 listed boards · 4 committee seats
- RavichandranExecutive · joined May 2026 · 1 listed board
- Ravindra Kumar TyagiIndependent · joined Apr 2025 · 18 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Amreek Singh SandhuIndependent · joined Apr 2025 · 18 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Ajay Kumar SinghIndependent · joined May 2026 · 5 months as independent · 3 listed boards · 3 as independent · 2 committee seats
- Mallidi Anuradha ReddyIndependent · joined May 2025 · 16 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.
7 directors who left
- Sandhya Venugopal Sharma, left 6 Jul 2026: Others
- Mariam Pallavi Baldev, left 9 Jan 2026: Others
- SENDHIL KALYANASUNDARAM NAATHAN, left 18 Apr 2025: Others
- V T MOORTHY, left 31 Mar 2025: Tenure Completion
- M R SIVARAMAN, left 31 Mar 2025: Tenure Completion
- SHANKAR NARASIMHAN, left 31 Mar 2025: Tenure Completion
- R RAJALAKSHMI, left 24 Mar 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Jul 20268 of 8 present4 independent · 17 days in between
- 6 Jul 20268 of 8 present4 independent · 60 days in between
- 6 May 20268 of 8 present4 independent
Audit Committee
Chair Amreek Singh Sandhu
Ravindra Kumar Tyagi, R. Karthikeyan, Ajay Kumar Singh
- 24 Jul 20264 of 4 present3 independent · 78 days in between
- 6 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ravindra Kumar Tyagi
Amreek Singh Sandhu, Mallidi Anuradha Reddy, R. Karthikeyan
- 24 Jul 20264 of 4 present3 independent · 17 days in between
- 6 Jul 20264 of 4 present3 independent · 60 days in between
- 6 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Ravindra Kumar Tyagi
Amreek Singh Sandhu, R. Karthikeyan
No meeting listed in the filing.
Risk Management Committee
Chair Afzal Malkani
Amreek Singh Sandhu, Ravindra Kumar Tyagi, Ajay Kumar Singh, N. R. Ravichandran
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Afzal Malkani
Ravindra Kumar Tyagi, Amreek Singh Sandhu, Mallidi Anuradha Reddy
- 24 Jul 20264 of 4 present3 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.
- Singhi & CoPeer-review certificate valid to Aug 2028
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.
TANFAC 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.TANFAC Industries dividend history
Annual general meeting, 23 Sep 2026
18,456 shareholders on the register on 16 Sep 2026; present: 2 promoters and 86 others; votes counted by CS Mohan D Baid / M D Baid & 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 Board Report and Auditor's Report thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
- To declare final dividend of ?4.5/- per equity share of the face value of ? 5/- each, for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
- To appoint Mr. R Karthikeyan (DIN: 00824621) as a Director, who retires by rotation and being eligible, has offered himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
- To appoint M/s. Ramasamy Koteswara Rao and Co LLP, Chartered Accountants as Statutory Auditor for a period of five consecutive years and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
- To ratify the remuneration of the Cost Auditor for the financial year 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
- To appoint M/s. M D Baid & Associates, Practicing Company Secretaries, as Secretarial Auditor of the Company for a term of Five (5) consecutive years commencing from FY 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
- To consider and approve the revision in remuneration payable to Mr. Afzal Malkani (DIN: 07194226), Managing Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 5.84%
Turnout: all 49.93% · promoters 100.00% · institutions 18.72% · other public 0.02%
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 mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 11 Jun 2026, 1 fund house
Appointment of Dr. Ajay Kumar Singh (DIN: 08532830) as Non-Executive - Independent Director of the Company not liable to retire by rotation and to hold office for a term of 5 (Five) consecutive years from May 06, 2026 to May 05, 2031.MoreLess
1 for0 against- Appointment of Dr. L. Ravichandran (DIN: 02643264) as a Director of the Company liable to retire by rotation.1 for0 against
- Appointment of Dr. L. Ravichandran (DIN: 02643264) as Whole-time Director of the Company for a term of two years effective from May 06, 2026 to May 05, 2028, including remuneration.1 for0 against
Mutual fund votes, meeting of 23 Feb 2026, 1 fund house
- Appointment of Mrs. Sandhya Venugopal Sharma (DIN: 08445015) as a Director (Category: Nominee Director, Non-Executive Director) of the Company, liable to retire by rotation.1 for0 against
- Approval for Alteration of the Capital Clause of the Memorandum of Association of the Company.1 for0 against
Approval for Raising of Funds in one or more tranches by way of issuance securities up to 10,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 500 crores (i.e, up to 20,00,000 equity shares of face value of Rs. 5 each post proposed sub-division of equity shares aggregating up to Rs. 500 crores), through Qualified Institutional Placement or other permissible modes.MoreLess
1 for0 againstApproval of change in designation of Mr. Afzal Harunbhai Malkani (DIN: 07194226) from Non-Executive Non-Independent Director to Managing Director of the Company for a term of 5 (five) consecutive years, commencing from the date of January 09, 2026 to January 08, 2031 whose office shall be liable to retire by rotation.MoreLess
1 for0 againstSub-division of equity shares of the Company from its existing equity shares of the Company, having face value of Rs. 10/- each to sub-divided into 2 (Two) Equity Shares having face value of Rs. 5/- each ranking pari-passu with each other in all respects, with effect from the record date to be determined by the Board for this Purpose.MoreLess
1 for0 against
3 earlier meetings
Mutual fund votes, meeting of 25 Sep 2025, 1 fund house
Appointment of Ms. Kalyani Srinivasan, Practicing Company Secretary (FCS.5854 and COP No.6047 and Peer review Code no.795) as Secretarial Auditor of the Company for a term of Five (5) consecutive years, to hold office from the conclusion of this Annual General Meeting (AGM) till the conclusion of 56th AGM of the Company to be held in the Year 2030, at a remuneration to be fixed by the Board of Directors of the Company.MoreLess
1 for0 againstRatification of remuneration of Rs. 80,000 plus applicable taxes to be paid to Mr. N. Krishna Kumar (Membership No.27885)., the Cost Auditor of the Company, to conduct audit and submit the cost audit report for the financial year ending March 31, 2026.MoreLess
1 for0 against- To appoint a Director in place of Mr. Afzal Harunbhai Malkani (DIN: 07194226), who retires by rotation and being eligible offers himself for re-appointment.1 for0 against
To declare a Dividend of Rs. 9 (i.e., 90%) per Equity Share of the face value of Rs. 10/- each for the financial year ended March 31, 2025 on 99,75,000 Equity Shares of the Company as recommended by the Board of Directors and that the said Dividend be paid out of the profits of the Company.MoreLess
1 for0 against- To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditor thereon.1 for0 against
Mutual fund votes, meeting of 19 Aug 2025, 1 fund house
Appointment of Dr. M. Anuradha Reddy (DIN: 11123956) as Non-executive - Independent Director of the Company, not liable to retire by rotation and to hold office for a term of 5 (five) consecutive years from May 28, 2025 to May 27, 2030.MoreLess
1 for0 against
Mutual fund votes, meeting of 10 Jun 2025, 1 fund house
Appointment of Dr. R. K. Tyagi (DIN: 01509031) as Non- executive- Independent Director of the Company, not liable to retire by rotation and to hold office for a term of 5 (five) consecutive years from April 01, 2025 to March 31, 2030.MoreLess
1 for0 againstAppointment of Mr. Amreek Singh Sandhu (DIN: 08064880) as Non- executive- Independent Director of the Company, not liable to retire by rotation and to hold office for a term of 5 (five) consecutive years from April 01, 2025 to March 31, 2030.MoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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
- Yes
- The chair is related to the managing director
- No
- 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| QIPJun 2026, checked by CRISIL RATINGS LIMITED | 250.00 | Financing the project cost for establishment of refrigerant gas plant for manufacturing of Proposed HFC-32 Plant | 225.38 | 0.00 | No |
| QIPJun 2026, checked by CRISIL RATINGS LIMITED | 250.00 | General Corporate Purpose | 10.29 | 0.00 | No |