Vippy Spinpro MD, chairman, board of directors and AGM
BSE: 514302Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹179.45.
- 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.
- ₹99 Cr2,950th 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 10 Aug 2026
- 7.1
- 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. The filing of 1 Jun 2026
- 1.0
- 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 10 Aug 2026
- 14.8%
- 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 10 Aug 2026
- 9.8%
- 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 1 Jun 2026
- 1.12
- Volume, BSEVolume. Shares traded on the last trading day.
- 4,112
Vippy Spinpro 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
- Managing directorPiyush Mutha
- Company Secretary and Compliance OfficerPulkit Maheshwari
6 directors3 independent2 executive1 non-executive
- Piyush Mutha · Managing directorExecutive · joined Apr 1992 · reappointed Apr 2024 · 1 listed board · 2 committee seats
- Praneet MuthaNon-executive · joined Dec 2000 · reappointed Mar 2010 · 1 listed board · 1 committee seat
- Mangalore Maruthi RaoExecutive · joined Oct 2002 · reappointed Oct 2025 · 1 listed board
- Deepa Sudhir MekalIndependent · joined Mar 2017 · reappointed Apr 2022 · 111 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Manish JhanwarIndependent · joined May 2022 · 49 months as independent · 3 listed boards · 3 as independent · 1 committee seat
- Kamal AhlluwaliaIndependent · joined Sep 2024 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat, 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20264 of 6 present3 independent · 31 days in between
- 20 Apr 20263 of 6 present2 independent · 41 days in between
- 9 Mar 20263 of 6 present2 independent · 23 days in between
- 13 Feb 20263 of 6 present2 independent · 36 days in between
1 earlier meeting
- 7 Jan 20264 of 6 present2 independent
Audit Committee
Chair Kamal Ahlluwalia
Deepa Sudhir Mekal, Piyush Mutha, Manish Jhanwar
- 22 May 20264 of 4 present3 independent · 97 days in between
- 13 Feb 20263 of 4 present2 independent
Nomination and remuneration committee
Chair Kamal Ahlluwalia
Deepa Sudhir Mekal, Praneet Mutha
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Deepa Sudhir Mekal
Praneet Mutha, Piyush Mutha
- 22 May 20262 of 3 present1 independent · 97 days in between
- 13 Feb 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Piyush Mutha
Praneet Mutha, Deepa Sudhir Mekal
- 23 Mar 20263 of 3 present1 independent · 74 days in between
- 7 Jan 20263 of 3 present1 independent
Independent Director
- 23 Mar 20262 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 Jun 2026.
- M/s R.S. Bansal & Co.Peer-review certificate valid to Jan 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.
Vippy Spinpro 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.Vippy Spinpro dividend history
Annual general meeting, 25 Sep 2026
7,931 shareholders on the register on 18 Sep 2026; present: 13 promoters and 38 others; votes counted by Shilpesh Dalal / Shilpesh Dalal & Associates.The company's voting result (opens in a new tab)
- TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31st MARCH 2026 AND REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO APPOINT A DIRECTOR IN PLACE OF SHRI PIYUSH MUTHA (DIN-00424206) WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO RE-APPOINT SHRI PIYUSH MUTHA (DIN: 00424206) AS A MANAGING DIRECTOR OF THE COMPANY FOR A PERIOD OF 3 YEARS W.E.F. 01.04.2027 TO 31.03.2030SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO RATIFY THE REMUNERATION OF SHRI PIYUSH MUTHA (DIN- 00424206), MANAGING DIRECTOR OF THE COMPANY W.E.F. 01.04.2026SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO APPOINT MS. MUSKAAN GUPTA (DIN: 09563359), AS NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR 1 YEAR W.E.F. 10.08.2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO INCREASE THE BORROWING LIMITS OF THE COMPANY TO RS. 250 CRORESSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO RE-APPOINT SHRI MANISH JHANWAR (DIN: 05312225), AS THE NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR SECOND TERM OF 5 YEAR W.E.F. 03.05.2027Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
- TO APPOINT SHRI CHANDRASHEKHAR SHARMA (DIN: 11914422), AS THE EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY FOR PERIOD OF ONE YEAR W.E.F. 27.08.2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.17% · promoters 100.00% · institutions 0.00% · other public 7.77%
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.
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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.