Vaishali Pharma MD, chairman and AGM
NSE: VAISHALIPharmaceuticals & BiotechnologySmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹6.82.
30 Oct: open ₹6.82, high ₹6.90, low ₹6.35
- 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
- ₹87 Cr2,938th 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
- 19.56
- 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
- 1.25
- 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
- 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 company's own balance sheet from before it began consolidating; the two agree where both are first on record.
- 6.6%
- 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.
- 4.2%
- 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.
- 0.27
- 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
- 1,86,88570.6% delivered
Vaishali Pharma's chairperson and managing director is ATUL ARVIND VASANI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 24 Sep 2026.
Vaishali Pharma 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
- Chairperson and managing directorATUL ARVIND VASANI
- Company Secretary and Compliance OfficerVISHWA BIPINBHAI MEKHIA
5 directors2 independent3 executive
- ATUL ARVIND VASANI · Chairperson and managing directorExecutive · joined Apr 2008 · reappointed May 2026 · 222 months as independent · 1 listed board · 1 committee seat
- JAGRUTI ATUL VASANIExecutive · joined Nov 2009 · reappointed May 2026 · 134 months as independent · 1 listed board
- DEWANSH AJAY VASANIExecutive · joined Apr 2018 · reappointed Aug 2021 · 102 months as independent · 1 listed board · 1 committee seat
- MANISH BHAGWANDAS VEDIndependent · joined Dec 2019 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- PRATIK VIKRAM JAKHELIAIndependent · joined Jul 2021 · reappointed May 2026 · 64 months as independent · 1 listed board · 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.
2 directors who left
- BHAVESHKUMAR POPATLAL UPADHYAY, left 14 Aug 2026: Others
- ASHVIN JAMNADAS GANATRA, left 24 Jan 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20266 of 6 present3 independent · 36 days in between
- 8 Jul 20266 of 6 present3 independent · 5 days in between
- 2 Jul 20266 of 6 present3 independent · 32 days in between
- 30 May 20266 of 6 present3 independent · 6 days in between
1 earlier meeting
- 23 May 20266 of 6 present3 independent
Audit Committee
Chair MANISH BHAGWANDAS VED
ATUL ARVIND VASANI, PRATIK VIKRAM JAKHELIA
- 14 Aug 20264 of 4 present3 independent · 36 days in between
- 8 Jul 20264 of 4 present3 independent · 38 days in between
- 30 May 20264 of 4 present3 independent · 6 days in between
- 23 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair MANISH BHAGWANDAS VED
PRATIK VIKRAM JAKHELIA
- 30 May 20263 of 3 present3 independent · 6 days in between
- 23 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair MANISH BHAGWANDAS VED
PRATIK VIKRAM JAKHELIA, DEWANSH AJAY VASANI
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.
- RAMAN S. SHAH & ASSOCIATESPeer-review certificate valid to Dec 2026
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.
Vaishali Pharma 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, 24 Sep 2026
27,014 shareholders on the register on 17 Sep 2026; present: 7 promoters and 56 others; votes counted by HARDIK DARJI / HD AND ASSOCIATES.The company's voting result
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31st, 2026 together with the reports of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.92% · promoters 99.91% · institutions 0.00% · other public 28.28%
- To Re-appoint Mrs. Jagruti Atul Vasani (DIN: 02107094), who retires by rotation at this annual general meeting and being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 19.34% · promoters 0.00% · institutions 0.00% · other public 28.28%
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, 3 Jul 2026, 4 resolutions
27,360 shareholders on the register on 22 May 2026; votes counted by HARDIK DARJI / HD AND ASSOCIATES.The company's voting result
- Re-appointment of Mr. Pratik Vikram Jakhelia (DIN: 7726752) as an Independent Director of the CompanySpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 51.60% · promoters 99.82% · institutions 0.00% · other public 29.32%
- Re-Appointment of Mr. Atul Arvind Vasani (DIN: 02107085) as a Managing Director of the Company and payment of remuneration to himSpecialPromoters have an interest in it99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 18.51% · promoters 0.00% · institutions 0.00% · other public 27.06%
- Re-Appointment of Mrs. Jagruti Vasani (DIN: 02107094) as a Whole-Time Director of the CompanySpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 18.51% · promoters 0.00% · institutions 0.00% · other public 27.06%
- To increase the remuneration payable to Mr. Dewansh Vasani (DIN: 08111804), Director cum Chief Financial Officer of the CompanySpecialPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 18.51% · promoters 0.00% · institutions 0.00% · other public 27.06%
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, 15 Mar 2026, 1 resolution
27,241 shareholders on the register on 6 Feb 2026; votes counted by HARDIK DARJI / HD AND ASSOCIATES.
- To Issue, Offer and Allot Equity Shares on a Preferential BasisSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 19.48% · promoters 0.00% · institutions 0.00% · other public 28.48%
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, 22 Sep 2025, 3 resolutions
28,389 shareholders on the register on 15 Sep 2025; present: 7 promoters and 44 others; votes counted by HARDIK DARJI / HD AND ASSOCIATES.The company's voting result
- Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2025 together with the reports of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 42.47% · promoters 99.87% · institutions 0.00% · other public 21.96%
- To consider appointment of a Director, Mr. Dewansh Vasani (DIN: 08111804), liable to retire by rotation, and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 15.89% · promoters 0.00% · institutions 0.00% · other public 21.57%
- Approval for appointment of HD & Associates as Secretarial Auditor of the Company.Ordinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 42.47% · promoters 99.87% · institutions 0.00% · other public 21.96%
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, 24 Apr 2025, 9 resolutions
29,359 shareholders on the register on 21 Jan 2025; votes counted by HARDIK DARJI / HD AND ASSOCIATES.The company's voting result
- To increase the remuneration payable to Mr. Atul Arvind Vasani, Managing Director of the CompanySpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 11.93% · promoters 0.00% · institutions 0.00% · other public 16.19%
- To increase the remuneration payable to Ms. Jagruti Atul Vasani, Whole-Time Director of the CompanySpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 11.93% · promoters 0.00% · institutions 0.00% · other public 16.19%
- To increase the remuneration payable to Mr. Dewansh Ajay Vasani, Director of the CompanySpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 11.93% · promoters 0.00% · institutions 0.00% · other public 16.19%
- To regularise the appointment of Mr. Bhaveshkumar Popatlal Upadhyay, as a Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 37.88% · promoters 97.45% · institutions 0.00% · other public 16.59%
- Re-appointment of Mr. Manish Bhagwandas Ved as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 37.88% · promoters 97.45% · institutions 0.00% · other public 16.59%
- Alteration of Object Clause of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.88% · promoters 97.45% · institutions 0.00% · other public 16.59%
- To Increase the Borrowing Powers under section 180(1)(c) of the Companies Act, 2013 upto INR. 200 CroresSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 37.88% · promoters 97.45% · institutions 0.00% · other public 16.59%
- Approval of Loans, Investments, Guarantee or Security under section 185 of Companies Act, 2013 up to an aggregate sum of INR 100 CroresSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 37.88% · promoters 97.45% · institutions 0.00% · other public 16.59%
- To Make Loan / Investment and give Guarantee / provide Security under section 186 of the Companies Act, 2013 up to maximum amount of INR 250 CroresSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 37.87% · promoters 97.45% · institutions 0.00% · other public 16.59%
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, 27 Sep 2024, 5 resolutions
Present: 6 promoters and 45 others.
- Adoption the audited Financial Statements of the Company for the financial year ended 31st March, 2024 together with the reports of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.58% · promoters 97.45% · institutions 0.00% · other public 20.27%
- To consider appointment of a Director, Mr. Atul Arvind Vasani (DIN: 02107085), liable to retire by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 14.93% · promoters 0.00% · institutions 0.00% · other public 20.27%
- To approve split of sharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.58% · promoters 97.45% · institutions 0.00% · other public 20.27%
- Increase in Authorized Share Capital And Consequential Alteration of Capital Clause of Memorandum of Association OF The CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.58% · promoters 97.45% · institutions 0.00% · other public 20.27%
- To approve the issuance of Bonus SharesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.58% · promoters 97.45% · institutions 0.00% · other public 20.27%
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, 29 Sep 2023, 3 resolutions
Present: 9 promoters and 25 others.
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2023 together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 28.47% · promoters 100.00% · institutions 0.00% · other public 2.53%
- To appoint a Director in place of Mrs. Jagruti Atul Vasani (DIN: 02107094), who retires by rotation and being eligible, offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 28.47% · promoters 100.00% · institutions 0.00% · other public 2.53%
To approve the aggregate annual remuneration payable to the Promoter - Executive Directors /Members of the Promoter Group exceeding 5% of the Net Profits of the Company calculated as per Section 198 of the Companies Act, 2013MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 2.60% · promoters 2.77% · institutions 0.00% · other public 2.53%
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.
Extraordinary general meeting, 4 Jan 2023, 1 resolution
Present: 5 promoters and 29 others.
- ISSUE OF SECURITIES ON A PREFERENTIAL BASISSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
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.
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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.