Vapi Enterprise MD, chairman, board of directors and AGM
BSE: 502589Paper, Forest & Jute ProductsSmall Cap
Share price at the BSE close on 22 Oct 2026. Previous close ₹122.00.
- 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.
- ₹29 Cr4,014th 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 30 Jul 2026
- 20.0
- 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 26 May 2026
- 0.8
- 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 30 Jul 2026
- 4.0%
- 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 30 Jul 2026
- −1.2%
- 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 26 May 2026
- 0.01
- Volume, BSEVolume. Shares traded on the last trading day.
- 1
Vapi Enterprise board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorMANOJ RAMANBHAI PATELRelated to the promoter
4 directors2 independent1 executive1 non-executive
- MAMTA GUPTAIndependent · joined Dec 2023 · reappointed Dec 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- MANOJ RAMANBHAI PATEL · Chairperson and managing directorExecutive · joined Aug 1998 · 0 months as independent · 1 listed board · 1 committee seat, 1 as chair
- RAJEEV RAMANBHAI PATELNon-executive · joined Jul 2019 · 0 months as independent · 1 listed board · 2 committee seats, 1 as chair
- SANKET HEMANT GOYALIndependent · joined Jul 2026 · reappointed Sep 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 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
- HIMANSHU RUIA, left 30 Jul 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Aug 20264 of 4 present2 independent · 5 days in between
- 30 Jul 20264 of 4 present2 independent · 64 days in between
- 26 May 20264 of 4 present2 independent
Audit Committee
Chair MAMTA GUPTA
RAJEEV RAMANBHAI PATEL, SANKET HEMANT GOYAL
- 5 Aug 20263 of 3 present2 independent · 69 days in between
- 27 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair MAMTA GUPTA
RAJEEV RAMANBHAI PATEL, SANKET HEMANT GOYAL
- 6 Aug 20263 of 3 present2 independent · 71 days in between
- 26 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair RAJEEV RAMANBHAI PATEL
MANOJ RAMANBHAI PATEL, SANKET HEMANT GOYAL
No meeting listed in the filing.
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 I Shah And CoPeer-review certificate valid to Sep 2028
1 earlier auditor
- M.I. Shah & Co.Named 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.
Vapi Enterprise 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.Vapi Enterprise share news and announcements
Annual general meeting, 10 Sep 2026
1,317 shareholders on the register on 29 Aug 2026; present: 4 promoters and 74 others; votes counted by Hemanshu Upadhyay / HRU & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Balance Sheet as at 31st March 2026, the Profit and Loss Account for the year ended on that date and the Reports of the Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 36.03% · promoters 72.82% · other public 12.71%
To re-appoint a Director in place of Mr. Rajeev Patel (DIN: 00510532) who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible offers himself for reappointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · other public 0.00%
Turnout: all 36.03% · promoters 72.82% · other public 12.71%
- Appointment of Statutory Auditors M/S M.I Shah & Co, (Chartered Accountants) as Auditors of the Company and to fix their remuneration thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 36.03% · promoters 72.82% · other public 12.71%
- Appointment of Secretarial Auditor M/S HRU & Associates, Practising Company Secretaries as Secretarial Auditors of the Company for a term of Five years and to fix their remuneration thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 36.03% · promoters 72.82% · other public 12.71%
- Re-Appointment of Mr. Manoj Ramanbhai Patel as Managing Director of the Company for a term of Five yearsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 36.03% · promoters 72.82% · other public 12.71%
- Appointment of Independent Director Mr. Sanket Hemant Goyal as Independent Director of the Company for a term of Five yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 36.03% · promoters 72.82% · other public 12.71%
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.