Horizon Industrial Parks CEO, chairman, board of directors and AGM
NSE: HORIZONINDBSE: 544880Realty
Share price at the NSE close on 27 Oct 2026. Previous close ₹44.92.
27 Oct: open ₹44.50, high ₹46.79, low ₹44.12
- Next results date: the board meets on 29 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹13,354 Cr
- 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
- No full 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. Price to book: how it is worked out
- No balance sheet
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Aug 2026
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 23,62,96557.9% delivered
Horizon Industrial Parks' chairperson is ANSHU PRAKASH and its chief executive URVISH JAYANTILAL RAMBHIA, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 30 Sep 2026.
Horizon Industrial Parks board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- ChairpersonANSHU PRAKASH
- Chief executiveURVISH JAYANTILAL RAMBHIA
- Company Secretary and Compliance OfficerShraddha Poddar
6 directors3 independent1 executive2 non-executive
- ANSHU PRAKASH · ChairpersonIndependent · joined Dec 2025 · 10 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SANGEETA SINGHIndependent · joined Dec 2025 · 10 months as independent · 4 listed boards · 4 as independent · 2 committee seats, 2 as chair
- MICHAEL DAVID HOLLANDIndependent · joined Dec 2025 · 10 months as independent · 2 listed boards · 2 as independent
- ASHEESH MOHTANon-executive · joined May 2022 · 56 months as independent · 3 listed boards · 1 committee seat
- ALOK KUMAR JAINNon-executive · joined Dec 2025 · 10 months as independent · 1 listed board · 1 committee seat
- URVISH JAYANTILAL RAMBHIA · Chief executiveExecutive · joined May 2022 · reappointed Nov 2025 · 56 months as independent · 1 listed board · 1 committee seat
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
- 11 Sep 20264 of 6 present1 independent · 2 days in between
- 8 Sep 20266 of 6 present3 independent · 19 days in between
- 19 Aug 20265 of 6 present3 independent · 7 days in between
- 11 Aug 20264 of 6 present3 independent · 12 days in between
5 earlier meetings
- 11 Aug 20265 of 6 present3 independent
- 29 Jul 20265 of 6 present3 independent · 5 days in between
- 23 Jul 20265 of 6 present3 independent · 23 days in between
- 29 Jun 20266 of 6 present3 independent · 4 days in between
- 24 Jun 20266 of 6 present3 independent
Audit Committee
Chair SANGEETA SINGH
ANSHU PRAKASH, URVISH JAYANTILAL RAMBHIA
- 22 Sep 20263 of 3 present2 independent · 10 days in between
- 11 Sep 20263 of 3 present2 independent · 2 days in between
- 8 Sep 20263 of 3 present2 independent · 27 days in between
- 11 Aug 20263 of 3 present2 independent · 12 days in between
3 earlier meetings
- 29 Jul 20263 of 3 present2 independent · 29 days in between
- 29 Jun 20263 of 3 present2 independent · 4 days in between
- 24 Jun 20263 of 3 present2 independent
Nomination and remuneration committee
Chair MICHAEL DAVID HOLLAND
ANSHU PRAKASH, ASHEESH MOHTA
- 7 Sep 20263 of 3 present2 independent · 152 days in between
- 7 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair MICHAEL DAVID HOLLAND
SANGEETA SINGH, ALOK KUMAR JAIN
No meeting listed in the filing.
Risk Management Committee
Chair ALOK KUMAR JAIN
URVISH JAYANTILAL RAMBHIA, SANGEETA SINGH
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair ANSHU PRAKASH
MICHAEL DAVID HOLLAND, ALOK KUMAR JAIN, URVISH JAYANTILAL RAMBHIA
- 29 Jun 20264 of 4 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 auditors
Named in the results for the quarter to Jun 2026.
- M S K C & Associates LLPPeer-review certificate valid to Sep 2026
- S G C O & Co. LLPPeer-review certificate valid to Oct 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.
Horizon Industrial Parks 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.
Annual general meeting, 30 Sep 2026
81,782 shareholders on the register on 23 Sep 2026; present: 3 promoters and 107 others; votes counted by Rupal D Jhaveri / Rupal D Jhaveri.
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended 31 March 2026, together with the reports of the Board of Directors (the "Board") and Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended 31 March 2026, together with the report of Statutory Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
- To appoint a director in place of Mr. Asheesh Mohta (DIN: 00358583), who retires by rotation and being eligible offers himself for re-appointment.Ordinary94.91% for5.09% against
Against: promoters 0.00% · institutions 42.16% · other public 0.01%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
- To approve Horizon Industrial Parks Limited Employee Stock Option Plan 2025Special94.85% for5.15% against
Against: promoters 0.00% · institutions 42.71% · other public 0.02%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
- To appoint Secretarial AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
- To approve the Borrowing limit under Section 180(1)(c) of the Companies Act, 2013Special99.93% for0.07% against
Against: promoters 0.00% · institutions 0.55% · other public 0.02%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
- To approve for creation of encumbrance, mortgage, charge, hypothecation, pledge and/or any other security interest, including approval for a potential disposal of assetsSpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 0.55% · other public 0.02%
Turnout: all 87.44% · promoters 100.00% · institutions 67.31% · other public 16.65%
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.Funds that hold it
Mutual fund votes, meeting of 30 Sep 2026, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended 31 March 2026, together with the reports of the Board of Directors (the "Board") and Statutory Auditors thereon.MoreLess
5 for0 against- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended 31 March 2026, together with the report of Statutory Auditors thereon.5 for0 against
- To appoint a director in place of Mr. Asheesh Mohta (DIN: 00358583), who retires by rotation and being eligible offers himself for re-appointment.
Against 360 One Mutual Fund, Sundaram Mutual Fund
- 360 One Mutual Fund, Sundaram Mutual FundAsheesh Mohta, 48, is Senior Managing Director and head of real estate India at Blackstone Advisors India Private Limited. He has over 18 years of experience in real estate investments across the residential, commercial and hospitality sectors. He has been associated with the Company since 4 May 2022. He attended six out of twenty-five (24%) board meetings held in FY26. We expect directors to attend atleast 75% board meetings in the year of reappointment and in the three years prior to reappointment. While his appointment is in line with statutory requirements, given the low attendance, we do not support the resolution.
3 for2 against - To approve Horizon Industrial Parks Limited Employee Stock Option Plan 2025
Against 360 One Mutual Fund, Edelweiss Mutual Fund, Sundaram Mutual Fund
- 360 One Mutual Fund, Sundaram Mutual FundThe options pool comprises 30.0 mn options. Exercise of the options would result in an overall dilution of ~1.0% on the expanded capital base. The minimum vesting period is one year, with the maximum vesting period being five years. Vesting may be linked to the company’s performance, other performance parameters and individual performance parameters, as determined by the Administering Agency (as constituted by the company) and specified in the respective Letter of Grant. The exercise price shall be determined by the administering agency in accordance with ESOP 2025 and specified in the respective Letter of Grant, subject to the exercise price being not less than the face value of the shares. However, the scheme does not provide clarity on how the exercise price will be determined or whether options could be granted at a significant discount to the prevailing market price. We do not favour ESOP schemes where the exercise price can be at a significant discount (greater than 20%) to market price. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the options are issued at significant discount to the market price. Further, in case of significant discount, we expect the vesting of the stock options to be based on clearly defined performance metrics along with confirmation that the targets along with their achievement, will be disclosed by the company in the subsequent annual reports. Given the lack of clarity on the exercise price and absence of any performance-based vesting criteria, we do not support the scheme. Hence, we do not support the resolution.
- Edelweiss Mutual Fundlack of clarity on pricing and subsequent dilution
2 for3 against - To appoint Secretarial Auditors5 for0 against
- To approve the Borrowing limit under Section 180(1)(c) of the Companies Act, 20131 for0 against
- To approve for creation of encumbrance, mortgage, charge, hypothecation, pledge and/or any other security interest, including approval for a potential disposal of assets
Against Edelweiss Mutual Fund
- Edelweiss Mutual Fundlack of clarity on exact purpose of the same
4 for1 against
1 proposal not matched to one resolution
To exercise the borrowing powers, from time to time and borrow or raise such sums of money including by way of loans, advances, issuance of securities (including but not limited to non-convertible debentures and optionally convertible debentures), as they may deem necessary, notwithstanding that the monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained or to be obtained from the Company’s bankers in the ordinary course of business), remaining outstanding at any point of time will exceed the aggregate of the paid-up share capital, free reserves and securities premium, provided that the total amount so borrowed by the Board shall not at any time exceed the limit of INR 10,000 Crore as to interest, repayment, security or otherwise as they may, in their absolute discretion, think fit.MoreLess
Against Edelweiss Mutual Fund
- Edelweiss Mutual Fundlack of clarity on quantum and pricing
3 for1 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines, tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtVision Softech Facilities Private LimitedSince 10 Jul 2026
49.00% bought in the quarter; holding 49.00%, from 0.00%
- Fine or penaltyGSTSince 21 Jul 2026
Voluntary payment of Rs. 59,040 for e-way bill difference in quantity
Missed mentioning quantity in E way Bill - Tax disputeJoint Commissioner Chennai SouthSince 4 Feb 2025Pending with Commissioner Appeals
- Tax disputeIncome Tax Department – CIT(A), National Faceless Appeal Centre (NFAC)Since 26 Mar 2025Assessment order raising tax demand of ₹43,09,53,250. Appeal pending before CIT(A), NFAC. Application filed for stay of demand.
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
- No
- The filing has a part on fines and penalties
- Yes
- 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
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.