White Organic Agro MD, chairman, board of directors and AGM
BSE: 513713Agricultural Food & other ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹3.54.
- 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.
- ₹12 Cr4,439th 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.
- Earlier quarters restated in the year
- 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
- 0.2
- 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
- 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
- −5.0%
- 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
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 4,770
White Organic Agro 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 directorDarshak Rupani
- ChairpersonPrashantt RupaniRelated to the promoter
4 directors2 independent1 executive1 non-executive
- Darshak Rupani · Managing directorExecutive · joined Aug 2010 · reappointed Nov 2023 · 31 months as independent · 1 listed board · 2 committee seats
- Prashantt Rupani · ChairpersonNon-executive · joined Aug 2011 · reappointed Sep 2025 · 1 listed board
- Pritesh DoshiIndependent · joined Sep 2019 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Bhavika ThakkarIndependent · joined Sep 2025 · reappointed Sep 2025 · 10 months as independent · 2 listed boards · 1 as independent · 2 committee seats
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
- Jigna Thakkkar, left 4 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20264 of 4 present2 independent · 103 days in between
- 14 Feb 20264 of 4 present2 independent
Audit Committee
Chair Pritesh Doshi
Bhavika Thakkar, Darshak Rupani
- 29 May 20263 of 3 present2 independent · 103 days in between
- 14 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Bhavika Thakkar
Pritesh Doshi, Prashantt Rupani
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Pritesh Doshi
Bhavika Thakkar, Darshak Rupani
- 14 Feb 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.
- GUPTA RAJ & COPeer-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.
White Organic Agro 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.White Organic Agro share news and announcements
Annual general meeting, 30 Sep 2026
26,160 shareholders on the register on 23 Sep 2026; present: 4 promoters and 56 others; votes counted by Rachana Maru Furia / Rachana Maru Furia & Associates Company Secretaries.The company's voting result (opens in a new tab)
- To consider and adopt the Annual Audited Financial Statements for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon.Ordinary97.55% for2.45% against
Against: promoters 0.00% · institutions 0.00% · other public 81.21%
Turnout: all 12.60% · promoters 47.92% · institutions 0.00% · other public 0.51%
- To appoint Director in place of Mr. Darshak Rupani (DIN: 03121939), who retires by rotation and being eligible has offered himself for reappointment.Ordinary97.55% for2.45% against
Against: promoters 0.00% · institutions 0.00% · other public 81.21%
Turnout: all 12.60% · promoters 47.92% · institutions 0.00% · other public 0.51%
- To approve payment of remuneration to Mr. Prashantt Rupani (DIN; 03138082), Non-Executive Director of the Company.Special97.55% for2.45% against
Against: promoters 0.00% · institutions 0.00% · other public 81.21%
Turnout: all 12.60% · promoters 47.92% · institutions 0.00% · other public 0.51%
- To approve re-appointment of Mr. Darshak Rupani (DIN.: 03121939) as Managing Director for a further term of 3 yearsSpecial97.55% for2.45% against
Against: promoters 0.00% · institutions 0.00% · other public 81.21%
Turnout: all 12.60% · promoters 47.92% · institutions 0.00% · other public 0.51%
- To approve material Related Party Transaction(s) between the White Organic Agro Limited ("Company") and Mr. Prashantt Rupani (DIN; 03138082), Director of the CompanyOrdinaryNot passedRecorded as not passed although most votes were for it; no reason is givenPromoters have an interest in it97.55% for2.45% against
Against: promoters 0.00% · institutions 0.00% · other public 81.21%
Turnout: all 12.60% · promoters 47.92% · institutions 0.00% · other public 0.51%
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 Jun 2026.
- Tax disputeIncome Tax Officer, National Assesment Center, DelhiSince 23 Jun 2021The appeal is currently under review, and the company is awaiting further directors or a final decision from the appellate authority.
At the filing before: The Company has filed an appeal on 1st September 2021 before the Joint Commissioner (Appeals)/ Commissioner of Income -tax (Appeals) against the assessment order and demand notice issued by the Income Tax Officer, National Faceless Assessment Center, Delhi, dated 23rd June, 2021, under section 143(3) read with setion 144B of Income-Tax Act, 1961MoreLess
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
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.