Thomas Scott (India) MD, chairman, board of directors and AGM
NSE: THOMASCOTTBSE: 533941Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹285.95.
- 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.
- ₹408 Cr1,938th 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 14 Aug 2026
- 19.3
- 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
- 3.0
- 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 14 Aug 2026
- 17.4%
- 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
- 18.1%
- 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
- 0.34
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 33,43358.6% delivered
Thomas Scott (India) 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 directorBRIJGOPAL BALARAM BANGRelated to the promoter
- Managing directorVEDANT BANG
6 directors3 independent2 executive1 non-executive
- BRIJGOPAL BALARAM BANG · Chairperson and managing directorExecutive · joined Oct 2010 · reappointed Sep 2025 · 2 listed boards · 4 committee seats
- VEDANT BANG · Managing directorExecutive · joined Feb 2022 · reappointed Oct 2023 · 2 listed boards
- VANDANA BRIJGOPAL BANGNon-executive · joined Jun 2024 · reappointed Sep 2025 · 2 listed boards
- ANURADHA SHIRISH PARASKARIndependent · joined Feb 2018 · reappointed Sep 2023 · 100 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 3 as chair
- KAVITA AKSHAY CHHAJERIndependent · joined Aug 2024 · reappointed Sep 2024 · 22 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 4 as chair
- USHA GHELANIIndependent · joined Sep 2025 · reappointed Sep 2025 · 10 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 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.
1 director who left
- SWATI SAHUKARA, left 29 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20265 of 6 present2 independent · 64 days in between
- 26 Mar 20266 of 6 present3 independent
- 14 Feb 20266 of 6 present3 independent
Audit Committee
Chair KAVITA AKSHAY CHHAJER
BRIJGOPAL BALARAM BANG, USHA GHELANI
- 30 May 20263 of 3 present2 independent · 104 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair KAVITA AKSHAY CHHAJER
ANURADHA SHIRISH PARASKAR, USHA GHELANI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair ANURADHA SHIRISH PARASKAR
BRIJGOPAL BALARAM BANG, USHA GHELANI
- 30 May 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair BRIJGOPAL BALARAM BANG
KAVITA AKSHAY CHHAJER, ANURADHA SHIRISH PARASKAR
- 16 Mar 20263 of 3 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.
- M/s Bharat Gupta & CompanyPeer-review certificate valid to Jan 2029
2 earlier auditors
- Bharat Gupta & Co.Named in the filing for the quarter to Sep 2025
- M/S BHARAT GUPTA & CONamed 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.
Thomas Scott (India) 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.Thomas Scott (India) share news and announcements
Annual general meeting, 29 Sep 2026
10,963 shareholders on the register on 22 Sep 2026; present: 57 promoters and 10,954 others; votes counted by SONAM JAIN / SONAM.The company's voting result (opens in a new tab)
To receive, consider and adopt Financial Statements of the Company for the Financial Year ended on March 31, 2026, together with the Reports of the Auditors and the Board of Directors’ thereon, on that date.MoreLess
Ordinary99.99% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.14%
Turnout: all 35.19% · promoters 66.67% · institutions 16.22% · other public 0.52%
- To appoint a director in place of Mr. Vedant Bang (DIN: 09506327) who retires by rotation, being eligible, seeks re-appointment.OrdinaryPromoters have an interest in it98.30% for1.70% against
Against: promoters 0.00% · institutions 0.00% · other public 2.14%
Turnout: all 0.31% · promoters 0.00% · institutions 16.22% · other public 0.52%
- To approve the Material Related Party Transaction with Bang Overseas Limited.OrdinaryPromoters have an interest in it85.82% for14.18% against
Against: promoters 0.00% · institutions 0.00% · other public 27.33%
Turnout: all 0.13% · promoters 0.00% · institutions 16.22% · other public 0.15%
- To approve the Material Related Party Transaction with Vedanta Creations Limited.OrdinaryPromoters have an interest in it84.55% for15.45% against
Against: promoters 0.00% · institutions 0.00% · other public 29.80%
Turnout: all 0.13% · promoters 0.00% · institutions 16.22% · other public 0.15%
- To Reappoint Mr. Vedant Bang (DIN: 09506327) as Managing Director of the Company.SpecialPromoters have an interest in it98.30% for1.70% against
Against: promoters 0.00% · institutions 0.00% · other public 2.14%
Turnout: all 0.31% · promoters 0.00% · institutions 16.22% · other public 0.52%
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.
Extraordinary general meeting, 12 Mar 2026, 3 resolutions
10,282 shareholders on the register on 5 Mar 2026; present: 29 promoters and 21 others; votes counted by SONAM JAIN / SONAM.The company's voting result (opens in a new tab)
- To approve the Material Related Party Transaction with Bang Overseas LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 46.78% · promoters 88.78% · institutions 0.00% · other public 0.99%
- To approve the Material Related Party Transaction with Vedanta Creations LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 46.78% · promoters 88.78% · institutions 0.00% · other public 0.99%
- To approve the increase in investment limits for non-resident Indian and overseas citizens of IndiaSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 46.78% · promoters 88.78% · institutions 0.00% · other public 0.99%
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, 29 Sep 2025, 5 resolutions
9,877 shareholders on the register on 22 May 2025; present: 29 promoters and 47 others; votes counted by Sonam Jain / Sonam.The company's voting result (opens in a new tab)
Adoption of Standalone Financial statements of the Company for the year ended on 31st March, 2025 containing the Audited Balance Sheet, the statement of change in the equity, Profit and Loss and Cash Flow and report of the Board and Auditors thereon on that date.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.80%
Turnout: all 49.11% · promoters 91.39% · institutions 0.00% · other public 0.77%
- Appointment of a Director in place of Mr. Vandana Brijgopal Bang (DIN: 08488909) who retires by rotation, being eligible, seeks re-appointment.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 3.85%
Turnout: all 40.62% · promoters 75.49% · institutions 0.00% · other public 0.77%
- Appointment of Mrs. Usha Ghelani(DIN: 10414386) as Non-Executive Director- Independent Director.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.80%
Turnout: all 49.11% · promoters 91.39% · institutions 0.00% · other public 0.77%
- Appointment of a Secretarial Auditors and fix their remunerationOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.80%
Turnout: all 49.11% · promoters 91.39% · institutions 0.00% · other public 0.77%
- Re-appointment of Mr. Brijgopal Bang (DIN: 00112203) as Managing Director.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 3.80%
Turnout: all 22.99% · promoters 42.48% · institutions 0.00% · other public 0.77%
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.
Extraordinary general meeting, 16 Jan 2025, 4 resolutions
7,750 shareholders on the register on 9 Jan 2025; present: 15 promoters and 46 others; votes counted by Sonam Jain / NA.The company's voting result (opens in a new tab)
- INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.37% · promoters 97.24% · institutions 100.00% · other public 5.89%
- ALTERATION OF THE CAPITAL CLAUSE IN THE MEMORANDUM OF ASSOCIATION & ARTICLES OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.37% · promoters 97.24% · institutions 100.00% · other public 5.89%
- APPROVAL FOR THE ISSUE OF EQUITY SHARES ON PREFERENTIAL BASISSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.37% · promoters 97.24% · institutions 100.00% · other public 5.89%
- ISSUE OF CONVERTIBLE EQUITY WARRANTS ON PREFERENTIAL BASISSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.37% · promoters 97.24% · institutions 100.00% · other public 5.89%
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, 27 Sep 2024, 4 resolutions
Present: 17 promoters and 40 others.The company's voting result (opens in a new tab)
Adoption of Standalone Financial statements of the Company for the year ended on 31st March, 2024 containing the Audited Balance Sheet, the statement of change in the equity, Profit and Loss and Cash Flow and report of the Board and Auditors thereon on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 58.08% · promoters 99.19% · institutions 0.00% · other public 1.65%
- Appointment of Director in place of Mr. Brijgopal Bang (DIN: 00112203) who retires by rotation, being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 28.81% · promoters 48.59% · institutions 0.00% · other public 1.65%
- Regularisation of Additional Director, Mrs. Vandana Bang (DIN: 08488909), by appointing her as Non-Executive Non-Independent Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 52.99% · promoters 90.39% · institutions 0.00% · other public 1.65%
- Appointment of Mrs. Kavita Akshay Chhajer (DIN: 07146097) as a Non-Executive Independent Director of the company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 58.08% · promoters 99.19% · institutions 0.00% · other public 1.65%
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.
Extraordinary general meeting, 12 Oct 2023, 4 resolutions
Present: 12 promoters and 50 others.The company's voting result (opens in a new tab)
- INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.37% · promoters 98.78% · institutions 0.00% · other public 5.19%
- ALTERATION OF THE CAPITAL CLAUSE IN THE MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 70.37% · promoters 98.78% · institutions 0.00% · other public 5.19%
- ISSUE OF CONVERTIBLE EQUITY WARRANTS ON PREFERENTIAL BASISSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 70.37% · promoters 98.78% · institutions 0.00% · other public 5.19%
- APPROVAL OF RELATED PARTY TRANSACTIONSOrdinaryPromoters have an interest in it80.52% for19.48% against
Against: promoters 0.00% · institutions 0.00% · other public 19.48%
Turnout: all 1.58% · promoters 0.00% · institutions 0.00% · other public 5.19%
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, 27 Sep 2023, 6 resolutions
Present: 2 promoters and 54 others.The company's voting result (opens in a new tab)
Adoption of Standalone Financial statements of the Company for the year ended on 31st March, 2023 containing the Audited Balance Sheet, the statement of change in the equity, Profit and Loss and Cash Flow and report of the Board and Auditors thereon on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 47.47% · promoters 66.89% · institutions 0.00% · other public 2.92%
- Appointment of Director in place of Mr. Vedant Bang (DIN: 09506327) who retires by rotation, being eligible, seeks re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 47.47% · promoters 66.89% · institutions 0.00% · other public 2.92%
- Re-appointment of Mrs. Anuradha Paraskar (DIN: 02331564) as an Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 47.47% · promoters 66.89% · institutions 0.00% · other public 2.92%
- Alteration of Object Clause of Memorandum of Association (MOA) of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 47.47% · promoters 66.89% · institutions 0.00% · other public 2.92%
- To Appoint Mr. Vedant Bang (DIN: 09506327) as Managing Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 47.47% · promoters 66.89% · institutions 0.00% · other public 2.92%
- Approval of Related Party Transactions.OrdinaryPromoters have an interest in it99.79% for0.21% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 0.63% · promoters 0.00% · institutions 0.00% · other public 2.07%
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, 30 Sep 2022, 5 resolutions
Present: 21 promoters and 51 others.The company's voting result (opens in a new tab)
To receive, consider and adopt Standalone Financial Statements of the Company for the year ended on March 31, 2022, containing the Audited Balance Sheet, the Statement of Change inthe Equity, Profit and Loss and Cash Flow and report of the Board and Auditors thereon on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 61.71% · promoters 99.54% · institutions 0.00% · other public 2.44%
- Appointment of Mr. Brijgopal Bang, who retires bynrotation being eligible, seeks for re-appointment.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.55%
Turnout: all 28.95% · promoters 45.86% · institutions 0.00% · other public 2.44%
- To appoint Statutory Auditors of the Company and in this regard, to consider and, if thought fit, to passwith or without modification(s), the following resolution as an Ordinary Resolution:nOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 61.71% · promoters 99.54% · institutions 0.00% · other public 2.44%
To appoint Mr. Vedant Bang (DIN: 09506327) as Whole Time Director and in this regard, to considerand if thought fit, to pass with or without modification(s), the following resolution as Special ResolutionMoreLess
SpecialPromoters have an interest in it99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.55%
Turnout: all 58.52% · promoters 94.31% · institutions 0.00% · other public 2.44%
To re-appoint Mr. Brijgopal Bang (DIN: 00112203) as Managing Director and to revise his remuneration and in this regard, to consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special ResolutionMoreLess
SpecialPromoters have an interest in it99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.55%
Turnout: all 28.95% · promoters 45.86% · institutions 0.00% · other public 2.44%
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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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 IssuesMay 2025 | – | – | – | No |