Ambalal Sarabhai Enterprises logo

Ambalal Sarabhai Enterprises MD and chairman

NSE: AMBALALSABSE: 500009Pharmaceuticals & BiotechnologySmall Cap

Ambalal Sarabhai Enterprises Limited · Face value ₹10 · Listed Jun 1981
Last close ₹34.91down ₹0.65 (1.83%)BSE ₹35.40

Share price at the NSE close on 27 Oct 2026. Previous close ₹35.56.

27 Oct: open ₹34.21, high ₹35.94, low ₹34.00

52-week range of BSE trades to 27 Oct 2026
₹23.12Low, 28 Jan 2026₹49.98High, 20 Aug 2026
Market cap
₹268 Cr2,324th largest listed
P/E
19.74
P/B
1.69
Dividend yield
Nonein the last 12 months
ROE
9.1%
ROCE
5.0%
Debt to equity
0.33
Volume, NSE
62,146

Ambalal Sarabhai Enterprises' chairperson is KARTIKEYA VIKRAM SARABHAI and its managing director MOHAL KARTIKEYA SARABHAI, as filed for the quarter to Sep 2026.

Ambalal Sarabhai Enterprises 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

  • ChairpersonKARTIKEYA VIKRAM SARABHAI
  • Managing directorMOHAL KARTIKEYA SARABHAI
  • Company Secretary and Compliance OfficerMs. Disha Mahesh Punjani

10 directors5 independent3 executive2 non-executive

  • KARTIKEYA VIKRAM SARABHAI · ChairpersonExecutive · joined Jul 1992 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 committee seat
  • MAYUR SWADIA · Shareholder DirectorIndependent · joined Aug 2020 · reappointed Aug 2025 · 13 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
  • CHAULA MAHENDRAPRASAD SHASTRIExecutive · joined Oct 2012 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 committee seat
  • BRIJESH KHANDELWAL · Shareholder DirectorIndependent · joined Sep 2023 · 37 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • MOHAL KARTIKEYA SARABHAI · Managing directorExecutive · joined Sep 2023 · reappointed Sep 2026 · 0 months as independent · 1 listed board
  • BHARATENDU JANINominee, non-executive · joined Dec 2023 · 33 months as independent · 1 listed board · 1 committee seat
  • AJAY MAYORNominee, non-executive · joined Dec 2023 · 33 months as independent · 1 listed board
  • GOVINDPRASAD NAMDEO · Shareholder DirectorIndependent · joined Dec 2023 · 33 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SATYEN DAVE · Shareholder DirectorIndependent · joined Apr 2024 · 30 months as independent · 1 listed board · 1 as independent
  • PUSHPA ROBIN · Shareholder DirectorIndependent · joined Apr 2024 · 30 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

    • 12 Aug 202610 of 10 present5 independent · 82 days in between
    • 21 May 20268 of 10 present3 independent
  • Audit Committee

    Chair MAYUR SWADIA

    GOVINDPRASAD NAMDEO, BRIJESH KHANDELWAL

    • 12 Aug 20262 of 3 present2 independent · 82 days in between
    • 21 May 20262 of 3 present2 independent
  • Nomination and remuneration committee

    Chair GOVINDPRASAD NAMDEO

    MAYUR SWADIA, BRIJESH KHANDELWAL

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair GOVINDPRASAD NAMDEO

    BHARATENDU JANI, KARTIKEYA VIKRAM SARABHAI, CHAULA MAHENDRAPRASAD SHASTRI

    No meeting listed in the filing.

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.

  • Sorab S. Engineer & CoPeer-review certificate valid to Dec 2028
1 earlier auditor
  • M/s. Sorab S. Engineers & Co.Named in the filing for the quarter to Mar 2025

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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeSales tax MST Act before Maharashtra Sales Tax Tribunal, Bench - IV on 26.04.2024Since 3 May 2006
    Appeal Pending
    At the filing before: Mumbai Trade Mark Sales tax Case Ref. 11 of 2017(App. 495 of 2013) for period 1999 - 2000
  • Tax disputeHCSince 11 Apr 2016
    Appeal Pending
    At the filing before: Hon'ble ITAT passed order with reference to Appeal vide ITA no. 2694/Ahd/2013 and department aappeal no.36/Ahd/2013 vide dated 11/04/2016
  • Tax disputeCIT(A)Since 23 Mar 2016
    Appeal Pending
    At the filing before: Appeal has been filled before CIT(A) on 28/06/2016 against Assesment Order u/s. 143(3) dated 23/03/2016
  • Tax disputeCESTATSince 4 Jul 2024
    Restroration Appeal filed on 25.08.25. Nest date of hearing is on 27.04.26.
    At the filing before: ST/11661-11662/2024 dtd. 04.07.2024 for recovery of service tax & penalty for the period from April 2010 to September 2013
  • Tax disputeCommissioner of Customs (Export)Since 9 Jul 2026
    Company has filed the reply. Response from Department is awaited.
    At the filing before: CUS/EPCG/MISC/1083/2024-EPCG dtd. 09.07.26 for demamd for Payment of Differential Duty and Interest under EPCG Licence No. 3430000031 dated 05.09.2001

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
10Dec 2434Mar 2500Jun 2500Sep 2500Dec 2500Mar 2600Jun 2600Sep 26

Open at the quarter's end

1Dec 240Mar 250Jun 250Sep 250Dec 250Mar 260Jun 260Sep 26
At most 1 complaint open, quarter to Dec 2024.
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.