Aveer Foods chairman and AGM
BSE: 543737Food ProductsSmall Cap
Share price at the BSE close on 28 Oct 2026. Previous close ₹579.50.
28 Oct: open ₹553.00, high ₹579.95, low ₹550.55
- 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. Market capitalisation: how it is worked out
- ₹247 Cr2,302nd 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. Price to earnings, trailing: how it is worked out
- 68.07
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.60 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 58.37
- 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. Price to book: how it is worked out
- 4.84
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.05%
- 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.
- 9.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.60 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 10.7%
- 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.
- 12.4%
- 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.
- 0.01
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 1,026
Aveer Foods' chairperson is RAJKUMAR HUKMICHAND CHORDIA, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 29 Sep 2026.
Aveer Foods 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
- ChairpersonRAJKUMAR HUKMICHAND CHORDIARelated to the promoter
- Company Secretary and Compliance OfficerTEJASHREE WAGHOLIKAR
10 directors6 independent3 executive1 non-executive
- RAJKUMAR HUKMICHAND CHORDIA · ChairpersonNon-executive · joined Apr 2019 · reappointed Sep 2023 · 1 listed board
- VISHAL RAJKUMAR CHORDIAExecutive · joined Apr 2019 · reappointed Sep 2025 · 1 listed board
- ANAND RAJKUMAR CHORDIAExecutive · joined Apr 2019 · reappointed Sep 2025 · 1 listed board
- BAPU RAMCHANDRA GAVHANEExecutive · joined Apr 2019 · reappointed Sep 2026 · 1 listed board
- VIJAYKUMAR CHANDULAL KANKALIYAIndependent · joined Jun 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- RAJENDRA HIRALAL LUNKADIndependent · joined Jun 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats
- AJITKUMAR HARICHAND MANDLECHAIndependent · joined Jun 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats
- RITESH VIJAYKUMAR MEHTAIndependent · joined Jun 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats
- ANIL SHIVRAM LAMBAIndependent · joined Feb 2025 · 19 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SAMRUDDHI ANKUR MEHTAIndependent · joined Jul 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats, 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
- 24 Aug 20267 of 10 present5 independent · 10 days in between
- 13 Aug 20269 of 10 present5 independent · 76 days in between
- 28 May 20267 of 10 present4 independent
Audit Committee
Chair SAMRUDDHI ANKUR MEHTA
VIJAYKUMAR CHANDULAL KANKALIYA, RITESH VIJAYKUMAR MEHTA, AJITKUMAR HARICHAND MANDLECHA, RAJENDRA HIRALAL LUNKAD, BAPU RAMCHANDRA GAVHANE
- 24 Aug 20266 of 6 present5 independent · 10 days in between
- 13 Aug 20266 of 6 present5 independent
Nomination and remuneration committee
Chair VIJAYKUMAR CHANDULAL KANKALIYA
RAJENDRA HIRALAL LUNKAD, AJITKUMAR HARICHAND MANDLECHA, RITESH VIJAYKUMAR MEHTA
- 13 Aug 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair VIJAYKUMAR CHANDULAL KANKALIYA
RAJENDRA HIRALAL LUNKAD, AJITKUMAR HARICHAND MANDLECHA, SAMRUDDHI ANKUR MEHTA, BAPU RAMCHANDRA GAVHANE
- 12 Aug 20265 of 5 present4 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 SBH & COPeer-review certificate valid to Aug 2027
3 earlier auditors
- SBH & CONamed in the filing for the quarter to Mar 2026
- Bharat H Shah and AssociatesNamed in the filing for the quarter to Jun 2025
- BHARAT SHAH & ASSOCIATESNamed 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.
Aveer Foods 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.Aveer Foods dividend history
Annual general meeting, 29 Sep 2026
3,353 shareholders on the register on 22 Sep 2026; present: 5 promoters and 25 others; votes counted by CS SATISH KADROLI / SATISH AND SATISH COMPANY SECRETARIES.The company's voting result
- To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of Directors and Auditors and thereonOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 81.55% · promoters 100.00% · institutions 0.00% · other public 26.55%
- To declare dividend at the rate of Rs. 0.25/- per equity share for the financial year ended March 31, 2026.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 81.55% · promoters 100.00% · institutions 0.00% · other public 26.55%
- Reappointment of Mr. Anand Rajkumar Chordia (DIN: 00062569) liable to retire by rotation.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 81.55% · promoters 100.00% · institutions 0.00% · other public 26.55%
- Re-appointment of Mr. Bapu Ramchandra Gavhane [DIN:00386217] as Whole time Director of the CompanyOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 81.55% · promoters 100.00% · institutions 0.00% · other public 26.54%
- Approval for Material Related Party TransactionsOrdinaryPromoters have an interest in it99.67% for0.33% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 6.83% · promoters 0.22% · institutions 0.00% · other public 26.55%
- Appointment of M/s. Satish & Satish, Company Secretaries, Pune as Secretarial Auditors of the Company.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 81.55% · promoters 100.00% · institutions 0.00% · other public 26.55%
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.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyREGISTRAR OF COMPANIES PUNESince 15 Sep 2026
order for adjudication of penalty u/s 454 of the Companies Act, 2013 for violation of section 172 of the Companies Act, 2013.
3 Independent directors names were not included in Independent directors databank at the time of their appointment.
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
- Yes
- 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 Mar 2026. 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 IssuesMar 2025 | – | ACQUSITION OF BUSINESS UNDERTAKING M/S KAMAL INDUSTRIES | – | – | No |
| Preferential IssuesMar 2025 | – | WORKING CAPITAL REQUIREMENTS | – | – | No |
| Preferential IssuesMar 2025 | – | TOTAL | – | – | No |