Vijay Solvex MD, chairman, board of directors and AGM
NSE: VIJSOLXBSE: 531069Agricultural Food & other ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹628.00.
- 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.
- ₹203 Cr2,461st 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
- 8.5
- 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
- 0.6
- 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
- 6.9%
- 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
- 8.7%
- 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
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7394.5% delivered
Vijay Solvex 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
- Managing directorVijay Data
- Company Secretary and Compliance OfficerJay Prakash Lodha
8 directors4 independent2 executive2 non-executive
- Vijay Data · Managing directorExecutive · joined Dec 1987 · reappointed Sep 2025 · 1 listed board
- Daya Kishan DataExecutive · joined Dec 1987 · reappointed Sep 2025 · 1 listed board
- Saurabh DataNon-executive · joined Aug 2021 · reappointed Sep 2021 · 1 listed board
- Ram Prakash MahawarNon-executive · joined Aug 2022 · reappointed Sep 2022 · 1 listed board · 2 committee seats
- Pallavi SharmaIndependent · joined Jul 2021 · reappointed Jul 2026 · 62 months as independent · 1 listed board · 1 as independent
- Sachin GuptaIndependent · joined Aug 2022 · reappointed Aug 2022 · 49 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Manish JainIndependent · joined Aug 2022 · reappointed Aug 2022 · 49 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Vineet JainIndependent · joined Aug 2022 · reappointed Aug 2022 · 49 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20264 of 8 present3 independent · 12 days in between
- 1 Aug 20265 of 8 present2 independent · 11 days in between
- 20 Jul 20267 of 8 present3 independent · 50 days in between
- 30 May 20266 of 8 present3 independent · 32 days in between
2 earlier meetings
- 27 Apr 20267 of 8 present4 independent · 16 days in between
- 10 Apr 20266 of 8 present3 independent
Audit Committee
Chair Sachin Gupta
Manish Jain, Ram Prakash Mahawar
- 14 Aug 20262 of 3 present2 independent · 75 days in between
- 30 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Sachin Gupta
Manish Jain, Ram Prakash Mahawar
- 12 Aug 20263 of 3 present2 independent · 24 days in between
- 18 Jul 20263 of 3 present2 independent · 81 days in between
- 27 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Sachin Gupta
Manish Jain, Ram Prakash Mahawar
- 30 Jul 20263 of 3 present2 independent · 60 days in between
- 30 May 20263 of 3 present2 independent
Risk Management Committee
Chair Sachin Gupta
Manish Jain, Ram Prakash Mahawar
- 12 Aug 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Sachin Gupta
Manish Jain, Ram Prakash Mahawar
- 12 Aug 20263 of 3 present2 independent · 106 days in between
- 27 Apr 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.
- Aggarwal Datta & Co.Peer-review certificate valid to Jul 2027
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.
Vijay Solvex 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.Vijay Solvex share news and announcements
Annual general meeting, 28 Sep 2026
4,127 shareholders on the register on 21 Sep 2026; present: 10 promoters and 20 others; votes counted by Arun Jain / Arun Jain & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statement of the Company for the financial year ended March 31, 2026, and the report of Board of Directors and Auditor's thereon and the Audited Consolidated Financial Statement of the Company for the financial year ended March 31, 2026 and the report of Auditor's thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.72% · promoters 98.55% · institutions 0.00% · other public 10.30%
- To appoint a Director in place of Shri Daya Kishan Data (DIN: 01504570), 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 71.72% · promoters 98.55% · institutions 0.00% · other public 10.30%
- To consider and approve consider and approve re-appointment of Mrs. Pallavi Sharma (DIN: 09240522) as Non-Executive Independent Woman Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.72% · promoters 98.55% · institutions 0.00% · other public 10.30%
- To consider and approve the material related party transactions with Deepak Vegpro Private LimitedOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 3.11% · promoters 0.00% · institutions 0.00% · other public 10.23%
- To consider and approve the material related party transactions with VDSD Foods Private LimitedOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 3.11% · promoters 0.00% · institutions 0.00% · other public 10.23%
- To consider and approve increase in remuneration of Mr. Gaurav Data, a related party, holding office / place of profit in the CompanyOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 3.11% · promoters 0.00% · institutions 0.00% · other public 10.23%
- To consider and approve increase in remuneration of Mrs. Neelima Data, a related party, holding office / place of profit in the CompanyOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 3.11% · promoters 0.00% · institutions 0.00% · other public 10.23%
- To ratify the remuneration of Cost Auditors for the financial year ended March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 71.72% · promoters 98.55% · institutions 0.00% · other public 10.30%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeAssistantCommissioner ofIncome Tax,Central Circle,AlwarSince 26 Jan 2019During the quarter, there is no change in status of litigation /dispute.
At the filing before: A search and seizure action under section 132 of the Income Tax Act, 1961, for the Assessment Year 2016-17, was carried out by the Income Tax Department. ACIT has completed the assessment by re-computation of Total Returned Income of the Company and passed an assessment order dated 29.12.2018 under Section 143(3) read with section 144C(3) of the Income Tax Act, 1961. ACIT vide its aforesaid Order and Demand Notice dated 29.12.2018 received by the Company on 31.12.2018, has raised an Income Tax demand of Rs. 2.52 Crores and directed the same within 30 days from the date of Demand Notice. Aggrieved with the order of ACIT, the Company challenged the same before CIT Appeal, by preferring an appeal. The case is pending for disposal with Commissioner of Income Tax (Appeals) - IV, Jaipur.MoreLess
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
- No
- The company has a risk management committee
- No
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.