Trident Texofab MD, chairman, board of directors and AGM
BSE: 540726Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹17.85.
- 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.
- ₹26 Cr2,648th 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 8 Oct 2026
- 124.6
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1.13 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 19.6
- 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 8 Oct 2026
- 0.5
- 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 8 Oct 2026
- 0.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1.13 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 2.6%
- 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 8 Oct 2026
- 3.2%
- 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 8 Oct 2026
- 0.60
- Volume, BSEVolume. Shares traded on the last trading day.
- 32,105
Trident Texofab 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 directorHARDIK JIGISHKUMAR DESAI
- Company Secretary and Compliance OfficerRahul Jariwala
6 directors3 independent3 executive
- HARDIK JIGISHKUMAR DESAI · Chairperson and managing directorExecutive · joined Sep 2008 · 2 listed boards · 1 committee seat
- CHETAN CHANDRAKANT JARIWALAExecutive · joined Feb 2013 · 1 listed board
- MANISH DHIRAJLAL HALWAWALAExecutive · joined Nov 2020 · 1 listed board · 2 committee seats
- ANKITA JIGNESH SARAIYAIndependent · joined Feb 2018 · reappointed Feb 2023 · 101 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SANDIP JAYESHKUMAR KATWALAIndependent · joined Mar 2025 · reappointed Mar 2025 · 15 months as independent · 1 listed board · 1 as independent · 2 committee seats
- MISHAL SHAILESH PATELIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 2 listed boards · 2 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.
1 director who left
- NATASHA KARBHARI, left 22 Dec 2024: 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 · 48 days in between
- 11 Apr 20266 of 6 present3 independent · 57 days in between
- 12 Feb 20266 of 6 present3 independent
Audit Committee
Chair ANKITA JIGNESH SARAIYA
MANISH DHIRAJLAL HALWAWALA, MISHAL SHAILESH PATEL, SANDIP JAYESHKUMAR KATWALA
- 30 May 20264 of 4 present3 independent · 106 days in between
- 12 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair ANKITA JIGNESH SARAIYA
MISHAL SHAILESH PATEL, SANDIP JAYESHKUMAR KATWALA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair ANKITA JIGNESH SARAIYA
MANISH DHIRAJLAL HALWAWALA, MISHAL SHAILESH PATEL, SANDIP JAYESHKUMAR KATWALA
- 27 Mar 20264 of 4 present3 independent
MANAGEMENT COMMITTEE
Chair HARDIK JIGISHKUMAR DESAI
CHETAN CHANDRAKANT JARIWALA, MANISH DHIRAJLAL HALWAWALA
- 11 Apr 20263 of 3 present0 independent · 57 days in between
- 12 Feb 20263 of 3 present0 independent
Independent Directors
- 27 Mar 20263 of 3 present0 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.
- Shah Kailash & Associates LLPPeer-review certificate valid to Jul 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.
Trident Texofab 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.Trident Texofab dividend history
Annual general meeting, 30 Sep 2026
6,367 shareholders on the register on 23 Sep 2026; present: 1 promoter and 38 others; votes counted by CS MEHUL AMARELIYA / AMARELIYA & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 41.53% · promoters 99.29% · institutions 0.00% · other public 13.24%
- To appoint a Director in place of Mr. Manish Dhirajlal Halwawala (DIN-08958684), who retires by rotation and being eligible offers himself for re-appointmentOrdinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 41.53% · promoters 99.29% · institutions 0.00% · other public 13.24%
- To approve the related party transaction(s) entered/proposed to be entered into by the Company during the financial year 2025-26.OrdinaryPromoters have an interest in it99.72% for0.28% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 8.89% · promoters 0.00% · institutions 0.00% · other public 13.24%
- To approve the payment of managerial remuneration in excess of the limits prescribed under the act.SpecialPromoters have an interest in it99.70% for0.30% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 8.15% · promoters 0.00% · institutions 0.00% · other public 12.15%
- To approve Waiver of Excess Managerial Remuneration Paid to Mr. Hardik Jigishkumar Desai, Managing Director of the Company.SpecialPromoters have an interest in it99.72% for0.28% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 8.89% · promoters 0.00% · institutions 0.00% · other public 13.24%
- To approve Waiver of Excess Managerial Remuneration Paid to Mr. Manish Dhirajlal Halwawala, Director of the Company.Special99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 40.80% · promoters 99.29% · institutions 0.00% · other public 12.15%
- To ratify the remuneration of Cost Auditor for the financial year 2026-27.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 41.53% · promoters 99.29% · institutions 0.00% · other public 13.24%
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 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 |
|---|---|---|---|---|---|
| Preferential IssuesNov 2024 | 40.86 | Working Capital and General Corporate Purpose | 40.86 | 36.07 | No |