Virat Industries MD, chairman, board of directors and AGM
NSE: VIRATBSE: 530521Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹398.50.
- 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.
- ₹554 Cr1,942nd 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 13 Aug 2026
- 89.5
- 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 26 May 2026
- 4.2
- 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 13 Aug 2026
- 7.9%
- 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 13 Aug 2026
- 1.3%
- 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
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 9,76193.8% delivered
Virat Industries 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 directorAdi F. Madan
- ChairpersonVilas Sheshagiri Potdar
- Company Secretary and Compliance OfficerShreeya Mahendra Jadav
7 directors3 independent1 executive3 non-executive
- Adi F. Madan · Managing directorExecutive · joined May 1994 · reappointed Oct 2024 · 1 listed board · 2 committee seats
- Supriya Anil SheteIndependent · joined Aug 2025 · 14 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Neha Govind TikamIndependent · joined Sep 2025 · 13 months as independent · 1 listed board · 1 as independent
- Namrata DudaneyNon-executive · joined Sep 2025 · 1 listed board
- Vilas Sheshagiri Potdar · ChairpersonIndependent · joined Sep 2025 · 13 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Vijay Madhav SaneNon-executive · joined Sep 2025 · 1 listed board
- Bhavook TripathiNon-executive · joined Sep 2025 · 1 listed board
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.
5 directors who left
- Vaibhav P. Mandhana, left 4 Sep 2025: Others
- Dashrath B. Pawaskar, left 3 Sep 2025: Others
- Chintamani D. Thatte, left 2 Sep 2025: Others
- Ayesha K. Dadyburjor, left 22 May 2025: Others
- Kaizad R. Dadyburjor, left 22 May 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 1 Sep 20264 of 7 present3 independent · 18 days in between
- 13 Aug 20264 of 7 present3 independent · 29 days in between
- 14 Jul 20264 of 7 present1 independent · 6 days in between
- 7 Jul 20265 of 7 present3 independent · 12 days in between
2 earlier meetings
- 24 Jun 20264 of 7 present3 independent · 28 days in between
- 26 May 20265 of 7 present3 independent
Audit Committee
Chair Supriya Anil Shete
Vilas Sheshagiri Potdar, Adi F. Madan
- 1 Sep 20263 of 3 present2 independent · 18 days in between
- 13 Aug 20263 of 3 present2 independent · 78 days in between
- 26 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Supriya Anil Shete
Vilas Sheshagiri Potdar, Neha Govind Tikam
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Supriya Anil Shete
Vilas Sheshagiri Potdar, Adi F. Madan
- 13 Aug 20263 of 3 present2 independent · 78 days in between
- 26 May 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 Jun 2026.
- M/s B. K. Khare and Co.Peer-review certificate valid to Mar 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.
Virat Industries 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.Virat Industries dividend history
Extraordinary general meeting, 1 Oct 2026
2,517 shareholders on the register on 24 Sep 2026; present: 0 promoters and 20 others; votes counted by Vishal Dewang / Vishal Dewang & Associates.The company's voting result (opens in a new tab)
Approval of Material Related Party Transaction for Acquisition of 70.28% Equity Shares of Brham Well-Being & Lifestyle Corporation Private Limited, formerly known as Brahm Lifestyle Products Private Limited.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.74% · promoters 0.00% · institutions 0.00% · other public 34.36%
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, 6 Aug 2026, 6 resolutions
2,301 shareholders on the register on 30 Jul 2026; present: 1 promoter and 27 others; votes counted by Vishal Dewang / Vishal Dewang & Associates.The company's voting result (opens in a new tab)
- 1 - To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026, the report of the Auditors' thereon, and the report of the Board of Directors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.70% · promoters 88.66% · institutions 0.00% · other public 37.73%
- 2 - To appoint a Director in place of Shri Bhavook Tripathi (DIN: 02198554) who retires by rotation and, being eligible, offers himself for re-electionOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 9.60% · promoters 0.00% · institutions 0.00% · other public 37.73%
- 3 - Rescission of the Resolution passed by the Members in the Annual General Meeting held on 30th September, 2025 regarding the Change of Name of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.70% · promoters 88.66% · institutions 0.00% · other public 37.73%
- 4 - To consider and alter the object clause of Memorandum of Association of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.70% · promoters 88.66% · institutions 0.00% · other public 37.73%
5 - Adoption of New set of Memorandum of Association of the Company in substitution and to the entire exclusion of the existing Memorandum of Association of the Company in conformity with the Companies Act, 2013MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.70% · promoters 88.66% · institutions 0.00% · other public 37.73%
- 6 - To approve change in the name of the Company and consequent amendments in the Memorandum of Association and Articles of Association of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.70% · promoters 88.66% · institutions 0.00% · other public 37.73%
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
- 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.
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 IssuesMay 2025 | 99.84 | – | – | No |