Yasho Industries CEO, MD, chairman, board of directors and AGM
NSE: YASHOBSE: 541167Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹3,540.40.
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results and other business matters.
- 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.
- ₹4,013 Cr1,147th 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 31 Jul 2026
- 69.6
- 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 18 May 2026
- 9.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.02%
- 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 31 Jul 2026
- 13.4%
- 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 31 Jul 2026
- 13.0%
- 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 18 May 2026
- 1.22
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 33,85055.3% delivered
Yasho 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
- ChairpersonVINOD HARILAL JHAVERI
- Managing director and CEOPARAG VINOD JHAVERI
- Company Secretary and Compliance OfficerRUPALI VERMA
7 directors4 independent3 executive
- VINOD HARILAL JHAVERI · ChairpersonExecutive · joined Aug 2007 · reappointed Feb 2021 · 1 listed board
- PARAG VINOD JHAVERI · Managing director and CEOExecutive · joined May 1990 · reappointed Feb 2021 · 1 listed board · 1 committee seat
- YAYESH VINOD JHAVERIExecutive · joined Apr 1997 · reappointed Feb 2021 · 1 listed board · 1 committee seat
- PRAKASH MANOHAR BHATEIndependent · joined May 2020 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 as independent · 2 committee seats
- ULLAL RAVINDRA BHATIndependent · joined Sep 2021 · reappointed Sep 2026 · 0 months as independent · 2 listed boards · 2 as independent
- ANURAG SURANAIndependent · joined Oct 2021 · reappointed Oct 2021 · 60 months as independent · 4 listed boards · 3 as independent · 5 committee seats
- SUDHA PRAVIN NAVANDARIndependent · joined Jun 2022 · reappointed Jun 2022 · 52 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 3 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
- 31 Jul 20267 of 7 present4 independent · 73 days in between
- 18 May 20267 of 7 present4 independent
Audit Committee
Chair ULLAL RAVINDRA BHAT
PRAKASH MANOHAR BHATE, YAYESH VINOD JHAVERI, SUDHA PRAVIN NAVANDAR, ANURAG SURANA
- 31 Jul 20265 of 5 present4 independent · 73 days in between
- 18 May 20265 of 5 present4 independent
Nomination and remuneration committee
Chair ANURAG SURANA
PRAKASH MANOHAR BHATE, SUDHA PRAVIN NAVANDAR, ULLAL RAVINDRA BHAT
- 18 May 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair ULLAL RAVINDRA BHAT
PRAKASH MANOHAR BHATE, PARAG VINOD JHAVERI, ANURAG SURANA
No meeting listed in the filing.
Risk Management Committee
Chair ULLAL RAVINDRA BHAT
PARAG VINOD JHAVERI, YAYESH VINOD JHAVERI, ANURAG SURANA
- 31 Jul 20264 of 4 present2 independent · 73 days in between
Corporate Social Responsibility Committee
Chair PARAG VINOD JHAVERI
VINOD HARILAL JHAVERI, YAYESH VINOD JHAVERI, PRAKASH MANOHAR BHATE, ANURAG SURANA
- 31 Jul 20265 of 5 present2 independent
- 18 May 20265 of 5 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.
- Gokhale & SathePeer-review certificate valid to Feb 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.
Yasho 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.Yasho Industries dividend history
Postal ballot, 12 Oct 2026
27,353 shareholders on the register on 28 Aug 2026; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
- Enhancement of the Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013 from ₹750 Crores to ₹1,250 CroresSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.85%
Turnout: all 70.22% · promoters 100.00% · institutions 27.25% · other public 0.14%
- Enhancement of the limit for creation of charges / mortgages on the assets of the Company under Section 180(1)(a) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.85%
Turnout: all 70.22% · promoters 100.00% · institutions 27.25% · other public 0.14%
- Continuation of payment of commission to non-executive directors of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.85%
Turnout: all 70.22% · promoters 100.00% · institutions 27.25% · other public 0.14%
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, 8 resolutions
22,810 shareholders on the register on 30 Jul 2026; present: 8 promoters and 30 others; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To declare dividend on equity shares for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To appoint Mr. Yayesh Jhaveri (DIN: 01257668), as a Director, who retires by rotation and being eligible, has offered himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.45% · other public 0.01%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To ratify the remuneration of the Cost Auditor for the financial year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To re-appoint Mr. Ullal Ravindra Bhat (DIN: 00008425) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To re-appoint Mr. Anurag Surana (DIN: 00006665) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To consider and approve revision in remuneration of Mr. Parag Jhaveri, Managing Director & CEO of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.45% · other public 0.01%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
- To consider and approve revision in remuneration of Mr. Yayesh Jhaveri, Whole Time Director of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.45% · other public 0.01%
Turnout: all 71.42% · promoters 100.00% · institutions 34.93% · other public 2.62%
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.
Postal ballot, 6 Feb 2026, 1 resolution
25,834 shareholders on the register on 26 Dec 2025; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
- Reclassification of certain persons forming part of the Promoter Group from ‘Promoter Group Shareholder’ to ‘Public Shareholder’OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.01%
Turnout: all 3.28% · promoters 0.00% · institutions 40.74% · other public 0.01%
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, 9 Sep 2025, 8 resolutions
26,642 shareholders on the register on 2 Sep 2025; present: 11 promoters and 22 others; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
To consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, and the reports of the Board of Directors and Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To declare a final dividend of ₹ 0.50/- per Equity share of ₹ 10/- each for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To appoint a director in place of Mr. Vinod Jhaveri (DIN: 01655692), who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it98.09% for1.91% against
Against: promoters 0.00% · institutions 62.37% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- Ratification of Remuneration to Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To consider and approve re-appointment and Fixation of remuneration of Mr. Parag Jhaveri, as Managing Director & CEO of the CompanySpecialPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 63.15% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To consider and approve re-appointment and Fixation of remuneration of Mr. Yayesh Jhaveri as a Whole-time Director of the CompanySpecialPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 63.15% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To consider and approve re-appointment and Fixation of remuneration of Mr. Vinod Jhaveri, as an Executive Director and Chairman of the CompanySpecialPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 63.15% · other public 0.05%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To appoint Dhrumil M. Shah & Co. LLP, Practicing Company Secretaries as the Secretarial Auditors of the Company for a term of five consecutive yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
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.
Postal ballot, 28 Jul 2025, 1 resolution
27,248 shareholders on the register on 20 Jun 2025; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
- Re-appointment of Dr. Prakash Bhate (DIN: 08739162) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.34%
Turnout: all 74.50% · promoters 100.00% · institutions 81.16% · other public 0.12%
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.
Extraordinary general meeting, 10 Jan 2025, 1 resolution
30,015 shareholders on the register on 3 Jan 2025; present: 11 promoters and 20 others; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
- To issue, offer and allot equity shares on preferential basis to the persons under non-promoter categorySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.98%
Turnout: all 73.90% · promoters 100.00% · institutions 83.56% · other public 0.53%
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, 2 Aug 2024, 8 resolutions
26,642 shareholders on the register on 2 Sep 2025; present: 11 promoters and 22 others; votes counted by DHRUMIL M SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)
To consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, and the reports of the Board of Directors and Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To declare a final dividend of ₹ 0.50/- per Equity share of ₹ 10/- each for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To appoint a director in place of Mr. Vinod Jhaveri (DIN: 01655692), who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it98.09% for1.91% against
Against: promoters 0.00% · institutions 62.37% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- Ratification of Remuneration to Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To consider and approve re-appointment and Fixation of remuneration of Mr. Parag Jhaveri, as Managing Director & CEO of the CompanySpecialPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 63.15% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To consider and approve re-appointment and Fixation of remuneration of Mr. Yayesh Jhaveri as a Whole-time Director of the CompanySpecialPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 63.15% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To consider and approve re-appointment and Fixation of remuneration of Mr. Vinod Jhaveri, as an Executive Director and Chairman of the CompanySpecialPromoters have an interest in it98.07% for1.93% against
Against: promoters 0.00% · institutions 63.15% · other public 0.05%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
- To appoint Dhrumil M. Shah & Co. LLP, Practicing Company Secretaries as the Secretarial Auditors of the Company for a term of five consecutive yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.13% · promoters 99.94% · institutions 27.74% · other public 0.14%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 6 Feb 2026, 2 fund houses
- Reclassification of certain persons forming part of the Promoter Group from ‘Promoter Group Shareholder’ to ‘Public Shareholder’2 for0 against
Mutual fund votes, meeting of 9 Sep 2025, 2 fund houses
To consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, and the reports of the Board of Directors and Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the report of Auditors thereonMoreLess
2 for0 against- To declare a final dividend of ₹ 0.50/- per Equity share of ₹ 10/- each for the financial year ended March 31, 20252 for0 against
- To appoint a director in place of Mr. Vinod Jhaveri (DIN: 01655692), who retires by rotation and being eligible, offers himself for re-appointment2 for0 against
- Ratification of Remuneration to Cost Auditor2 for0 against
- To consider and approve re-appointment and Fixation of remuneration of Mr. Parag Jhaveri, as Managing Director & CEO of the Company2 for0 against
- To consider and approve re-appointment and Fixation of remuneration of Mr. Yayesh Jhaveri as a Whole-time Director of the Company2 for0 against
- To consider and approve re-appointment and Fixation of remuneration of Mr. Vinod Jhaveri, as an Executive Director and Chairman of the Company2 for0 against
- To appoint Dhrumil M. Shah & Co. LLP, Practicing Company Secretaries as the Secretarial Auditors of the Company for a term of five consecutive years2 for0 against
1 earlier meeting
Mutual fund votes, meeting of 28 Jul 2025, 1 fund house
- Re-appointment of Dr. Prakash Bhate (DIN: 08739162) as an Independent Director of the Company1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeCommissioner Appeal, CGST SuratSince 11 Nov 2020
The company has filed an appeal against the order on 28/12/2022 and the commissioner has remanded back the order to the Jt. Commissioner Surat's office for revisiting the case in light of recent Judgements from Supreme Court and Gujarat High Court. We have filed an detailed submission to the AO and awaiting further response from them. Also, on the same matter the company has filed writ with Bombay HC challenging the vires of the notification under dispute and the same was pronounced in favour of the company vide order Dt 11/09/2025.MoreLess
At the filing before: We received a show cause notice from Directorate of Revenue Intelligence (DRI), Kolkata Unit, stating wrong availment of IGST refund on export benefit of Rs. 34,45,97,088/- and sought the reply of the company on the same. On 23/05/2022, company filed its reply to the show-cause denying all allegations and rectifying the quantum of alleged liability as per DRI should be Rs 33,68,27,914/-. After doing the hearings, taking on record our submissions, the DRI passed its order confirming the above demand on 20/09/2022 received to us on 19/10/2022. We filed an appeal against the said order on 28/12/2022 and the Commissioner Appeals remanded back the order to the file of Jt. Commr. vide letter Dt. 26/05/2025. For which a detailed compilation was filed before the AO on Dt. 10/06/2025. Awaiting further instructions from the AO. The company has also filed a writ petition in Bombay High Court for stay on recoveries and to cancel the proceedings on 15/03/2021, and the same was pronounced in favour of the company vide order Dt 11/09/2025.MoreLess
- Tax disputeCommissioner of Customs (Adjudication), MumbaiSince 13 Oct 2020The Commissioner of Customs has passed order confirming the demand and we have filed our appeal before the GSTAT (Tribunal), hearing date is awaited.
At the filing before: A Show Cause Notice was received from Directorate of Revenue Intelligence (DRI) Dt 13/10/2020 in respect of exemption from payment of IGST availed on the basis of Advanced Authorisation and pre-import conditions under the Customs Act and the Foreign Trade Policy. The DRI determined the amount of Rs. 8,22,26,562/- as IGST saved on imports during the FY 2017-18 and FY 2018-19 as being recoverable. As the issue has already been decided in favor of the company by the Gujarat HC and the SC has also pronounced to reverify claims on case-to-case basis. The Supreme court has passed the order on 28/04/2023 upholding the vires of the customs notification and directed the officer to reverify claims on case-to-case basis. The Commissioner of Customs has passed order confirming the demand and we have filed our appeal before the GSTAT (Tribunal), hearing date is awaited.MoreLess
- Tax disputeCommissioner of Customs (General), MumbaiSince 12 Jun 2017
The company has filed its appeal in the CESTAT and the issue stands pending till date. The company expects the outcome to be positive as all the dues were duly paid and the penalty has no grounds to stand on. Hence, no provision is made for the same in the books.MoreLess
At the filing before: There was a dispute with the import of goods from customs with regards to the declaration of goods made by the company during the FY 2014-15. The same was accepted and all the import duty dues were paid in full by the company. Vide customs order Dt 28/03/2018 the customs have further levied penalty on the said dues, which remains in dispute. The company has filed its appeal in the CESTAT and the issue stands pending till date. The company expects the outcome to be positive as all the dues were duly paid and the penalty has no grounds to stand on. Hence, no provision is made for the same in the books.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
- Yes
- The company has a risk management committee
- Yes
- 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.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesFeb 2025, checked by India Ratings & Research | – | – | – | No |