Action Construction Equipment logo

Action Construction Equipment MD, chairman, board of directors and AGM

NSE: ACEBSE: 532762Agricultural, Commercial & Construction VehiclesSmall Cap

Last close ₹1,000.10down ₹53.30 (5.06%)BSE ₹1,000.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,053.40.

52-week range of traded prices to 23 Oct 2026
₹745.10Low, 30 Mar 2026₹1,268.00High, 21 Sep 2026
Market cap
₹11,910 Cr539th largest listed
P/E
27.3
P/B
5.9
Dividend yield
0.20%
ROE
24.1%
ROCE
24.5%
Debt to equity
0.00
Volume, NSE
4,34,40047.9% delivered

Action Construction Equipment 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 directorVijay Agarwal
  • Company Secretary and Compliance OfficerAnil Kumar

8 directors4 independent4 executive

  • Vijay Agarwal · Chairperson and managing directorExecutive · joined Jan 1995 · reappointed Oct 2023 · 1 listed board · 1 committee seat
  • Mona AgarwalExecutive · joined Jan 1995 · reappointed Oct 2023 · 1 listed board
  • Sorab AgarwalExecutive · joined Mar 1998 · reappointed Oct 2023 · 1 listed board · 1 committee seat
  • Surbhi GargExecutive · joined Jan 2011 · reappointed Apr 2025 · 1 listed board
  • Avinash Parkash GandhiIndependent · joined Oct 2019 · reappointed Oct 2024 · 60 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
  • Divya SinghalIndependent · joined Apr 2020 · reappointed Apr 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Shriniwas VashishtIndependent · joined Sep 2020 · reappointed Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Jagan Nath ChamberIndependent · joined Nov 2020 · reappointed Nov 2025 · 60 months as independent · 1 listed board · 1 as independent · 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

    • 20 Jul 20268 of 8 present4 independent · 60 days in between
    • 20 May 20268 of 8 present4 independent

  • Audit Committee

    Chair Avinash Parkash Gandhi

    Shriniwas Vashisht, Jagan Nath Chamber, Vijay Agarwal

    • 20 Jul 20264 of 4 present3 independent · 60 days in between
    • 20 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Shriniwas Vashisht

    Divya Singhal, Avinash Parkash Gandhi

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Divya Singhal

    Avinash Parkash Gandhi, Sorab Agarwal

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Vijay Agarwal

    Sorab Agarwal, Divya Singhal

    • 20 Jul 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Divya Singhal

    Jagan Nath Chamber, Mona Agarwal

    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 Jun 2026.

  • BSR and Co LLPPeer-review certificate valid to Jul 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.

Action Construction Equipment 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.Action Construction Equipment dividend history

Annual general meeting, 18 Sep 2026

1,88,022 shareholders on the register on 11 Sep 2026; present: 4 promoters and 78 others; votes counted by CS Shobhit Vasisht / M/s Vasisht & Associates.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditors’ thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 77.39% · promoters 99.87% · institutions 87.44% · other public 9.98%

  2. 1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and report of Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 77.39% · promoters 99.87% · institutions 87.44% · other public 9.98%

  3. 2. To declare a final dividend of Rs2.00 i.e. (100%) per equity share for the Financial Year ended March 31, 2026.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 77.39% · promoters 99.87% · institutions 87.45% · other public 9.98%

  4. 3. To appoint Mr. Sorab Agarwal (DIN: 00057666) who retires by rotation as Director.
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.50% · other public 0.04%

    Turnout: all 12.01% · promoters 0.00% · institutions 87.44% · other public 9.98%

  5. 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2027
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 77.39% · promoters 99.87% · institutions 87.44% · other public 9.98%

  6. 5. To give loans, inter corporate deposits, give guarantees in connection with loans made by any person or body corporate and acquire by way of subscription, purchase or otherwise the securities of any other body corporate in excess of the limits prescribed in Section 186 of the Companies Act, 2013.MoreLess
    Special
    93.27% for6.73% against

    Against: promoters 0.00% · institutions 55.84% · other public 0.47%

    Turnout: all 76.98% · promoters 99.87% · institutions 83.74% · other public 9.98%

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 Aug 2025, 8 resolutions

1,91,002 shareholders on the register on 22 Aug 2025; present: 3 promoters and 66 others; votes counted by CS Shobhit Vasisht / M/s Vasisht & Associates.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2025 and reports of Board of Directors and Auditors thereon;
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.96% · other public 0.02%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

  2. 1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2025 and report of Auditors thereon.
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.96% · other public 0.02%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

  3. 2. To declare a final dividend of Rs.2.00 i.e. (100%) per equity Share for the Financial Year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

  4. 3. To appoint Mrs. Surbhi Garg (DIN :01558782) who retires by rotation as Director.
    OrdinaryPromoters have an interest in it
    98.84% for1.16% against

    Against: promoters 0.00% · institutions 1.46% · other public 0.03%

    Turnout: all 13.48% · promoters 0.00% · institutions 85.58% · other public 12.74%

  5. 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2026.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.04% · other public 0.06%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

  6. 5. To appoint & fix remuneration of Secretarial Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

  7. 6. Re-appointment of Mr. Shriniwas Vashisht (DIN: 06572418) as a Non-Executive Independent Director of the Company.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.38% · other public 0.03%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

  8. 7. Re-appointment of Dr. Jagan Nath Chamber (DIN: 08841478) as a Non-Executive Independent Director of the Company.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.16% · other public 0.02%

    Turnout: all 78.86% · promoters 99.94% · institutions 85.58% · other public 12.74%

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 Aug 2024, 9 resolutions

Present: 5 promoters and 84 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt:n(a) The audited standalone financial statement of the Company for the financial year ended March 31, 2024 and reports of Board of Directors and Auditors thereon; andnnMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.41% · promoters 100.00% · institutions 86.06% · other public 12.49%

  2. 1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2024 and report of Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.41% · promoters 100.00% · institutions 86.06% · other public 12.49%

  3. 2. To declare a final dividend of Rs.2.00 i.e. (100%) per equity Share for the Financial Year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.49% · promoters 100.00% · institutions 86.69% · other public 12.49%

  4. 3. To appoint Mrs. Mona Agarwal (DIN: 00057653) who retires by rotation as Director.
    OrdinaryPromoters have an interest in it
    97.43% for2.57% against

    Against: promoters 0.00% · institutions 3.27% · other public 0.07%

    Turnout: all 13.07% · promoters 0.00% · institutions 86.69% · other public 12.49%

  5. 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 78.49% · promoters 100.00% · institutions 86.69% · other public 12.49%

  6. 5. Re-appointment of Mrs. Surbhi Garg (DIN: 01558782) as Whole-Time Director, designated as Executive Director of the Company.
    SpecialPromoters have an interest in it
    96.95% for3.05% against

    Against: promoters 0.00% · institutions 3.89% · other public 0.05%

    Turnout: all 13.12% · promoters 0.06% · institutions 86.69% · other public 12.49%

  7. 6. Re-appointment of Mr. Avinash Parkash Gandhi (DIN: 00161107) as a Non-Executive Independent Director of the Company.
    Special
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 2.89% · other public 0.05%

    Turnout: all 78.49% · promoters 100.00% · institutions 86.69% · other public 12.49%

  8. 7. Re-appointment of Dr. Divya Singal (DIN: 08722144) as a Non-Executive Independent Director (Independent Woman Director) of the Company.nn
    Special
    94.27% for5.73% against

    Against: promoters 0.00% · institutions 43.99% · other public 0.05%

    Turnout: all 78.49% · promoters 100.00% · institutions 86.69% · other public 12.49%

  9. 8. Amendment in the exercise price or pricing formula specified under Action Construction Equipment Limited Employees Stock Option Scheme – 2021.
    Special
    8.60% for91.40% against

    Against: promoters 99.94% · institutions 62.14% · other public 0.06%

    Turnout: all 78.47% · promoters 100.00% · institutions 86.69% · other public 12.43%

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, 25 Aug 2023, 9 resolutions

Present: 5 promoters and 88 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2023 and reports of Board of Directors and Auditors’ thereon; andMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 79.65% · promoters 100.00% · institutions 86.25% · other public 13.06%

  2. 1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2023 and report of Auditors’ thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 79.65% · promoters 100.00% · institutions 86.25% · other public 13.06%

  3. 2. To declare a final dividend of Rs. 1.00 i.e. (50%) per equity share for the Financial Year ended March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 79.79% · promoters 100.00% · institutions 87.46% · other public 13.06%

  4. 3. To appoint a Director in place of Mr. Sorab Agarwal (DIN: 00057666) who retires from office by rotation, and being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    92.86% for7.14% against

    Against: promoters 0.00% · institutions 9.13% · other public 0.03%

    Turnout: all 13.08% · promoters 0.06% · institutions 87.46% · other public 13.06%

  5. 4. To ratify the remuneration of the cost auditors for the financial year ending March 31.2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 79.79% · promoters 100.00% · institutions 87.46% · other public 13.06%

  6. 5. Re-appointment of Mr.Vijay Agarwal (DIN-00057634) as Chairman & Managing Director of the Company.
    SpecialPromoters have an interest in it
    97.38% for2.62% against

    Against: promoters 0.00% · institutions 3.35% · other public 0.02%

    Turnout: all 13.08% · promoters 0.06% · institutions 87.46% · other public 13.06%

  7. 6. Re-appointment of Mrs.Mona Agarwal (DIN-00057653) as Whole Time Director Designated as Executive Director of the Company.
    SpecialPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.08% · other public 0.02%

    Turnout: all 13.03% · promoters 0.00% · institutions 87.46% · other public 13.06%

  8. 7. Re-appointment of Mr Sorab Agarwal (DIN-00057666) as Whole Time Director Designated as Executive Director of the Company.
    SpecialPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.08% · other public 0.02%

    Turnout: all 13.08% · promoters 0.06% · institutions 87.46% · other public 13.06%

  9. 8. Approval for amendment in the exercise period specified under Action Construction Equipment Limited Employees Stock option scheme-2021.
    Special
    93.44% for6.57% against

    Against: promoters 0.00% · institutions 51.24% · other public 0.12%

    Turnout: all 79.79% · promoters 100.00% · institutions 87.46% · other public 13.06%

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.

Annual general meeting, 20 Sep 2022, 8 resolutions

Present: 4 promoters and 76 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt: nn(a) The audited standalone financial statement of the Company for the financial year ended March 31, 2022 and reports of Board of Directors and Auditors’ thereon; and nMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.19% · promoters 100.00% · institutions 47.34% · other public 8.60%

  2. 1. To receive, consider and adopt: n(b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2022 and report of Auditors’ thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.19% · promoters 100.00% · institutions 47.34% · other public 8.60%

  3. 2. To declare a final dividend of Rs. 0.60 i.e. (30%) per equity share for the Financial Year ended March 31, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 73.21% · promoters 100.00% · institutions 47.52% · other public 8.60%

  4. 3.To appoint a Director in place of Mrs. Surbhi Garg (DIN: 01558782) who retires from office by rotation, and being eligible, offers herself for reappointment.
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.07%

    Turnout: all 6.49% · promoters 0.06% · institutions 47.52% · other public 8.60%

  5. 4. Appointment of Statutory Auditors and fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 73.21% · promoters 100.00% · institutions 47.52% · other public 8.60%

  6. 5. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 73.21% · promoters 100.00% · institutions 47.52% · other public 8.60%

  7. 6. Authority for borrowing under section 180(1)(c) of the Companies Act, 2013
    Special
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 7.79% · other public 0.01%

    Turnout: all 73.21% · promoters 100.00% · institutions 47.52% · other public 8.60%

  8. 7. Authority for creations of charge under section 180(1)(a) of the Companies Act, 2013
    Special
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 7.79% · other public 0.01%

    Turnout: all 73.21% · promoters 100.00% · institutions 47.52% · other public 8.60%

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, 3 Sep 2021, 11 resolutions

Present: 4 promoters and 82 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt: nn(a) The audited standalone financial statements of the Company for the financial year ended March 31, 2021 and reports of Board of Directors and Auditors’ thereon; and nMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 77.59% · promoters 99.94% · institutions 87.44% · other public 11.83%

  2. 1. To receive, consider and adopt: (b) The audited consolidated financial statements of the Company for the financial year ended March 31, 2021 and report of Auditors’ thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 77.59% · promoters 99.94% · institutions 87.44% · other public 11.83%

  3. 2. To declare a final dividend of Rs. 0.50 i.e. (25%) per equity share for the Financial Year ended March 31, 2021.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  4. 3. To appoint a Director in place of Mrs. Mona Agarwal (DIN: 00057653) who retires from office by rotation, and being eligible, offers herself for reappointment.
    OrdinaryPromoters have an interest in it
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 1.20% · other public 0.14%

    Turnout: all 7.58% · promoters 0.00% · institutions 87.44% · other public 11.82%

  5. 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  6. 5. Appointment of Dr. Jagan Nath Chamber (DIN:08841478) as an Independent Non-Executive Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  7. 6. Re-classification of Authorised Share Capital of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  8. 7. Approval of Action Construction Equipment Limited Employees Stock Option Scheme-2021.
    Special
    96.05% for3.95% against

    Against: promoters 0.00% · institutions 65.66% · other public 0.14%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  9. 8. To approve acquisition of Equity Shares by way of secondary acquisition under Action Construction Equipment Limited Employees Stock Option Scheme-2021.
    Special
    96.05% for3.95% against

    Against: promoters 0.00% · institutions 65.66% · other public 0.14%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  10. 9. Provision of money by the company for purchase of its own share by the trust/ trustees for the benefit of employees under Action Construction Equipment Limited Employess Stock Option Scheme-2021.
    Special
    96.05% for3.95% against

    Against: promoters 0.00% · institutions 65.66% · other public 0.15%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

  11. 10. To approve raising of funds in one or more tranches, by issuance of securities by way of private offerings, qualified institutions placement(s) and/or any combination thereof or any other method as may be permitted under applicable law for an amount up to Rs. 175.00 Crore.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 77.58% · promoters 99.94% · institutions 87.44% · other public 11.82%

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, 24 Sep 2020, 8 resolutions

Present: 4 promoters and 86 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2020 and reports of Board of Directors and Auditors’ thereon; andMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.32% · promoters 100.00% · institutions 52.94% · other public 11.31%

  2. 1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2020 and report of Auditors’ thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.32% · promoters 100.00% · institutions 52.94% · other public 11.31%

  3. 2. To confirm the payment of interim dividend of Rs. 0.50 i.e. (25%) per Equity Share already paid during the year as the Final Dividend for the Financial Year 2019-20.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.55% · promoters 100.00% · institutions 69.76% · other public 11.31%

  4. 3. To appoint a Director in place of Mr. Sorab Agarwal (DIN: 00057666) who retires from office by rotation, and being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    87.54% for12.46% against

    Against: promoters 0.00% · institutions 50.94% · other public 0.02%

    Turnout: all 3.95% · promoters 0.06% · institutions 69.76% · other public 11.31%

  5. 4. To ratify the remuneration of the cost auditors (a) For the financial year ending March 31, 2020 (Casual Vacancy).
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.55% · promoters 100.00% · institutions 69.76% · other public 11.31%

  6. 4. To ratify the remuneration of the cost auditors (b) For the financial year ending March 31, 2021.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.55% · promoters 100.00% · institutions 69.76% · other public 11.31%

  7. 5. Appointment of Dr. Divya Singal (DIN:08722144) as an Independent Non-Executive Director (Independent Woman Director) of the Company.
    Ordinary
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 24.11% · other public 0.02%

    Turnout: all 76.55% · promoters 100.00% · institutions 69.76% · other public 11.31%

  8. 6. Appointment of Mr. Shriniwas Vashisht (DIN:06572418) as an Independent Non-Executive Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.55% · promoters 100.00% · institutions 69.76% · other public 11.31%

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 2019, 7 resolutions

Present: 7 promoters and 111 others.The company's voting result (opens in a new tab)

  1. 1. To receive, consider and adopt:n(a) The audited standalone financial statement of the Company for the financial year ended March 31, 2019 and reports of Board of Directors and Auditors’ thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.67% · promoters 91.54% · institutions 29.07% · other public 10.72%

  2. 1. To receive, consider and adopt:n(b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2019 and report of Auditors’ thereon. n
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.67% · promoters 91.54% · institutions 29.07% · other public 10.72%

  3. 2. To declare final dividend on Equity Shares for the financial year ended March 31, 2019.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.67% · promoters 91.54% · institutions 29.07% · other public 10.72%

  4. 3. To appoint a Director in place of Mrs. Surbhi Garg (DIN:01558782) who retires from office by rotation, and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 3.84% · promoters 0.06% · institutions 29.07% · other public 10.72%

  5. 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2020.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 68.67% · promoters 91.54% · institutions 29.07% · other public 10.72%

  6. 5. Re-appointment of Mrs. Surbhi Garg (DIN:01558782) as Whole-Time Director, designated as Executive Director of the Company.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 3.84% · promoters 0.06% · institutions 29.07% · other public 10.72%

  7. 6. Appointment of Mr. Avinash Parkash Gandhi (DIN:00161107) as an Independent Non-Executive Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 68.67% · promoters 91.54% · institutions 29.07% · other public 10.72%

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 18 Sep 2026, 9 fund houses so far (houses' deadline to file 15 Oct 2026)

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditors’ thereon
    6 for0 against
  • 3. To appoint Mr. Sorab Agarwal (DIN: 00057666) who retires by rotation as Director.
    9 for0 against
  • 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2027
    6 for0 against
  • 5. To give loans, inter corporate deposits, give guarantees in connection with loans made by any person or body corporate and acquire by way of subscription, purchase or otherwise the securities of any other body corporate in excess of the limits prescribed in Section 186 of the Companies Act, 2013.MoreLess
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance & Transparency Concern: The Company is seeking blanket/umbrella approval without adequate disclosure of full particulars of loans / investments / guarantees / securities to be undertaken; hence, inadequate disclosures.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with the law. Governance & Transparency Concern: The Company is seeking blanket/umbrella approval without adequate disclosure of full particulars of loans / investments / guarantees / securities to be undertaken; hence, inadequate disclosures.
    3 for3 against
9 proposals not matched to one resolution
  • 1) Adoption of standalone and consolidated financial statements for the year ended 31 March 2026
    1 for0 against
  • 2) Declare final dividend of Rs. 2.0 per equity share of face value of Rs. 2.0 for FY26
    1 for0 against
  • 4) Ratify remuneration of Rs. 175,000 payable to Vandana Bansal & Associates as cost auditors for FY27
    1 for0 against
  • 5) Approve loans, guarantees, security, or investments up to Rs. 30.0 bn under Section 186 of the Companies Act, 2013
    1 for0 against
  • Adoption of standalone and consolidated financial statements for the year ended 31 March 2026
    2 for0 against
  • Approve loans, guarantees, security, or investments up to Rs. 30.0 bn under Section 186 of the Companies Act, 2013
    Against DSP Mutual Fund, Jio BlackRock Mutual Fund
    • DSP Mutual Fund, Jio BlackRock Mutual FundAs on 31 March 2026, the company’s investments and loans to body corporates under section 186 where the automatic limit is Rs 19.5 bn, amounts to Rs. 12.9 bn. The approval granted under Section 186 of the Companies Act, 2013 allows the company to extend loans, guarantees, or securities to any company in which its directors have an interest, including promoter companies. The company must disclose granular details including names of these companies, the nature and size of their operations and terms of support, to enable shareholders to make an informed decision. Further the rationale for such a high limit is unclear. Given the lack of clarity, we do not support the resolution.
    0 for2 against
  • Declare final dividend of Rs. 2.0 per equity share of face value of Rs. 2.0 for FY26
    2 for0 against
  • Ratify remuneration of Rs. 175,000 payable to Vandana Bansal & Associates as cost auditors for FY27
    2 for0 against
  • To declare a dividend at the rate of Rs. 2.00/- i.e. (100%) per equity share of face value of Rs. 2/- (Rupees Two) each fully paid-up of the Company, as recommended by the Board of Directors, for the financial year ended March 31, 2026, and the same be paid out of the profits of the Company.MoreLess
    6 for0 against

Mutual fund votes, meeting of 29 Aug 2025, 15 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2025 and reports of Board of Directors and Auditors thereon;
    13 for0 against
  • 1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2025 and report of Auditors thereon.
    2 for0 against
  • 2. To declare a final dividend of Rs.2.00 i.e. (100%) per equity Share for the Financial Year ended March 31, 2025.
    15 for0 against
  • 3. To appoint Mrs. Surbhi Garg (DIN :01558782) who retires by rotation as Director.
    15 for0 against
  • 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2026.
    15 for0 against
  • 5. To appoint & fix remuneration of Secretarial Auditor of the Company.
    3 for0 against
  • 6. Re-appointment of Mr. Shriniwas Vashisht (DIN: 06572418) as a Non-Executive Independent Director of the Company.
    15 for0 against
  • 7. Re-appointment of Dr. Jagan Nath Chamber (DIN: 08841478) as a Non-Executive Independent Director of the Company.
    15 for0 against
1 proposal not matched to one resolution
  • To appoint from time to time M/s Vasisht and Associates, Company Secretaries (Unique Identification No: S2019HR654700) (a peer reviewed Company Secretary in practice and submit his consent to act as Secretarial Auditor of the Company) as Secretarial Auditors of the Company for a period of 5 (five) consecutive years to hold office from the conclusion of this AGM till the conclusion of AGM to be held in calender year 2030 (April 1, 2025 to March 31, 2030) and approve their remuneration.MoreLess
    12 for0 against
5 earlier meetings

Mutual fund votes, meeting of 27 Aug 2024, 10 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • 1. To receive, consider and adopt:n(a) The audited standalone financial statement of the Company for the financial year ended March 31, 2024 and reports of Board of Directors and Auditors thereon; andnnMoreLess
    9 for0 against
  • 2. To declare a final dividend of Rs.2.00 i.e. (100%) per equity Share for the Financial Year ended March 31, 2024.
    10 for0 against
  • 3. To appoint Mrs. Mona Agarwal (DIN: 00057653) who retires by rotation as Director.
    10 for0 against
  • 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2025.
    10 for0 against
  • 5. Re-appointment of Mrs. Surbhi Garg (DIN: 01558782) as Whole-Time Director, designated as Executive Director of the Company.
    Against Axis Mutual Fund, Edelweiss Mutual Fund, Mirae Asset Mutual Fund, SBI Mutual Fund
    • Axis Mutual FundMs. Surbhi Garg, 46, is the promoter and Whole-time Director. She has been on the board of the company since 12 November 2011. She has over 15 years of experience in the field of administrative and human resources affairs. In FY24, she received Rs. 9.9 mn, which was 20.8x the median employee remuneration. We estimate her FY24 remuneration in the range of Rs. 12.5 mn to Rs. 35.0 mn (absolute cap on remuneration as per notice). Based on her previous payout, we expect her FY25 remuneration to be Rs. 12.5 mn, which is in line with peers and commensurate with the size and scale of the company. We expect the company to be judicious in its payout. We raise concern that her remuneration structure is entirely fixed in nature, with no variable component. Further, she is entitled to the remuneration in absence or inadequacy of profits, which we believe discourages compensation linked to profitability of the company. While we support her reappointment, we note that her remuneration terms include reimbursement of expenses for travelling, boarding and lodging including spouse and dependents during business trips. We believe that such expenses should be borne by the director and not the company. Therefore, we do not support the resolution. We also raise concern that there are no disclosure on malus and clawback provisions in her proposed remuneration structure.
    • Edelweiss Mutual FundNot fit and proper
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • SBI Mutual FundMs. Surbhi Garg, 46, is the promoter and Whole-time Director. She has been on the board of the company since 12 November 2011. She has over 15 years of experience in the field of administrative and human resources affairs. In FY24, she received Rs. 9.9 mn, which was 20.8x the median employee remuneration. We estimate her FY24 remuneration in the range of Rs. 12.5 mn to Rs. 35.0 mn (absolute cap on remuneration as per notice). Based on her previous payout, we expect her FY25 remuneration to be Rs. 12.5 mn, which is in line with peers and commensurate with the size and scale of the company. We expect the company to be judicious in its payout. We raise concern that her remuneration structure is entirely fixed in nature, with no variable component. Further, she is entitled to the remuneration in absence or inadequacy of profits, which we believe discourages compensation linked to profitability of the company. While we support her reappointment, we note that her remuneration terms include reimbursement of expenses for travelling, boarding and lodging including spouse and dependents during business trips. We believe that such expenses should be borne by the director and not the company. Therefore, we do not support the resolution. We also raise concern that there are no disclosure on malus and clawback provisions in her proposed remuneration structure. This is why we do not support the resolution.
    6 for4 against
  • 6. Re-appointment of Mr. Avinash Parkash Gandhi (DIN: 00161107) as a Non-Executive Independent Director of the Company.
    10 for0 against
  • 7. Re-appointment of Dr. Divya Singal (DIN: 08722144) as a Non-Executive Independent Director (Independent Woman Director) of the Company.nn
    Against Axis Mutual Fund, Edelweiss Mutual Fund, Mirae Asset Mutual Fund, SBI Mutual Fund
    • Axis Mutual Fund, SBI Mutual FundDr. Divya Singal, 63, is a gynaecologist, infertility specialist and laparoscopic surgeon and president of 3H Gyne forum, Secretary of Delhi Gyne forum and former president of PTA, Apee Jay school, New Delhi. She has been on the board of this company since 1 April 2020. She attended 100% of the board meetings in FY24. We note that Dr. Amar Singal, her husband, served as an independent director on the board from 22 March 2006 till 14 March 2020. Dr. Divya Singal joined the board a few weeks after his resignation. Outside of family linkages, Action Construction Equipment’s Nomination and Remuneration Committee (NRC) must disclose the basis of her selection on the board. While she may be an accomplished individual in her own right, it is unclear how her skills and experiences add to board deliberations of a material handling and construction equipment manufacturer. We do not support her reappointment.
    • Edelweiss Mutual FundNot fit and proper
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    6 for4 against
  • 8. Amendment in the exercise price or pricing formula specified under Action Construction Equipment Limited Employees Stock Option Scheme – 2021.
    Against Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund
    • Axis Mutual Fund, SBI Mutual FundThe company is seeking approval to amend the pricing formula where the exercise price will be average of last three months market price. Additionally, the company proposes to increase the permissible discount rate from the existing maximum of 35% to up to 50% of market price. We do not favour ESOP schemes where the options are granted at a significant discount of more than 20% to market price or where there is no clarity on the performance metrics for vesting. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to the market price. We do not support the amendment.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundGovernance concern/ Transparency Concern: No Justification for variation in exercise price.
    • Edelweiss Mutual FundHighly discounted ESOP and lack of information
    • HDFC Mutual FundESOPs/RSUs are granted at a significant discount to market price
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    1 for9 against
1 proposal not matched to one resolution
  • To receive, consider and adopt: The audited standalone financial statement of the Company for the financial year ended March 31, 2024 and reports of Board of Directors and Auditors thereon. 1b To receive, consider and adopt: The audited consolidated financial statement of the Company for the financial year ended March 31, 2024 and report of Auditors thereon.MoreLess
    1 for0 against

Mutual fund votes, meeting of 25 Aug 2023, 2 fund houses

  • 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2023 and reports of Board of Directors and Auditors’ thereon; andMoreLess
    2 for0 against
  • 2. To declare a final dividend of Rs. 1.00 i.e. (50%) per equity share for the Financial Year ended March 31, 2023.
    2 for0 against
  • 3. To appoint a Director in place of Mr. Sorab Agarwal (DIN: 00057666) who retires from office by rotation, and being eligible, offers himself for reappointment.
    2 for0 against
  • 4. To ratify the remuneration of the cost auditors for the financial year ending March 31.2024.
    2 for0 against
  • 5. Re-appointment of Mr.Vijay Agarwal (DIN-00057634) as Chairman & Managing Director of the Company.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. Governance concern: Combined position of Chairman and Managing Director. No variable pay and fixed remuneration appears to be excessive.
    1 for1 against
  • 6. Re-appointment of Mrs.Mona Agarwal (DIN-00057653) as Whole Time Director Designated as Executive Director of the Company.
    2 for0 against
  • 7. Re-appointment of Mr Sorab Agarwal (DIN-00057666) as Whole Time Director Designated as Executive Director of the Company.
    2 for0 against
  • 8. Approval for amendment in the exercise period specified under Action Construction Equipment Limited Employees Stock option scheme-2021.
    Against Edelweiss Mutual Fund
    • Edelweiss Mutual FundUnfair to employees
    1 for1 against

Mutual fund votes, meeting of 20 Sep 2022, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • 1. To receive, consider and adopt: nn(a) The audited standalone financial statement of the Company for the financial year ended March 31, 2022 and reports of Board of Directors and Auditors’ thereon; and nMoreLess
    2 for0 against
  • 2. To declare a final dividend of Rs. 0.60 i.e. (30%) per equity share for the Financial Year ended March 31, 2022.
    2 for0 against
  • 3.To appoint a Director in place of Mrs. Surbhi Garg (DIN: 01558782) who retires from office by rotation, and being eligible, offers herself for reappointment.
    2 for0 against
  • 4. Appointment of Statutory Auditors and fix their remuneration.
    1 for0 against
  • 5. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2023.
    2 for0 against
  • 6. Authority for borrowing under section 180(1)(c) of the Companies Act, 2013
    1 for0 against
  • 7. Authority for creations of charge under section 180(1)(a) of the Companies Act, 2013
    1 for0 against
3 proposals not matched to one resolution
  • Appointment of M/s BSR & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 101248W/W-100022) as the Statutory Auditors of the Company (in place of M/s Bran & Associates, Chartered Accountants, the Auditors who will complete a tenure of 5 consecutive years at this 28th AGM) for a term of five consecutive years commencing from the conclusion of this 28th Annual General Meeting (AGM) of the Company till the conclusion of the 33rd Annual General Meeting, to be held in the calendar Year 2027 i.e. (FY 2022- 23 to 2026-27) at remuneration of Rs.50,00,000.MoreLess
    1 for0 against
  • Authority for borrowing from time to time, by way of loans, credit facilities, debt instruments or in any other forms, any such sum or sums of money (either Indian or foreign currency) from Banks, Financial Institutions, Bodies Corporate, Companies which shall not exceed a sum of Rs.1000 Crores.MoreLess
    1 for0 against
  • Authority for creations of charge mortgages and hypothecations in addition to the existing charges, mortgages and hypothecations created by the Company, on such movable and immovable properties, both present and future, for the purpose of due payment of the principal and/or together with interest, charges, costs, expenses and all other monies payable by the Company which shall not at any time exceed the aggregate limit of Rs.1000 Crores.MoreLess
    1 for0 against

Mutual fund votes, meeting of 3 Sep 2021, 1 fund house

  • 1. To receive, consider and adopt: nn(a) The audited standalone financial statements of the Company for the financial year ended March 31, 2021 and reports of Board of Directors and Auditors’ thereon; and nMoreLess
    1 for0 against
  • 2. To declare a final dividend of Rs. 0.50 i.e. (25%) per equity share for the Financial Year ended March 31, 2021.
    1 for0 against
  • 3. To appoint a Director in place of Mrs. Mona Agarwal (DIN: 00057653) who retires from office by rotation, and being eligible, offers herself for reappointment.
    1 for0 against
  • 4. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2022.
    1 for0 against
  • 5. Appointment of Dr. Jagan Nath Chamber (DIN:08841478) as an Independent Non-Executive Director of the Company.
    1 for0 against
  • 6. Re-classification of Authorised Share Capital of the Company.
    1 for0 against
  • 7. Approval of Action Construction Equipment Limited Employees Stock Option Scheme-2021.
    1 for0 against
  • 8. To approve acquisition of Equity Shares by way of secondary acquisition under Action Construction Equipment Limited Employees Stock Option Scheme-2021.
    1 for0 against
  • 9. Provision of money by the company for purchase of its own share by the trust/ trustees for the benefit of employees under Action Construction Equipment Limited Employess Stock Option Scheme-2021.
    1 for0 against
  • 10. To approve raising of funds in one or more tranches, by issuance of securities by way of private offerings, qualified institutions placement(s) and/or any combination thereof or any other method as may be permitted under applicable law for an amount up to Rs. 175.00 Crore.MoreLess
    1 for0 against

Mutual fund votes, meeting of 24 Sep 2020, 1 fund house

  • 1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2020 and reports of Board of Directors and Auditors’ thereon; andMoreLess
    1 for0 against
  • 2. To confirm the payment of interim dividend of Rs. 0.50 i.e. (25%) per Equity Share already paid during the year as the Final Dividend for the Financial Year 2019-20.
    1 for0 against
  • 3. To appoint a Director in place of Mr. Sorab Agarwal (DIN: 00057666) who retires from office by rotation, and being eligible, offers himself for reappointment.
    1 for0 against
  • 4. To ratify the remuneration of the cost auditors (b) For the financial year ending March 31, 2021.
    1 for0 against
  • 5. Appointment of Dr. Divya Singal (DIN:08722144) as an Independent Non-Executive Director (Independent Woman Director) of the Company.
    1 for0 against
  • 6. Appointment of Mr. Shriniwas Vashisht (DIN:06572418) as an Independent Non-Executive Director of the Company.
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake boughtACE KATO PRIVATE LIMITEDSince 23 Jul 2026

    50.00% bought in the quarter; holding 50.00%, from 0.00%

  • Tax disputeDCIT CIRCLE FARIDABAD-1Since 5 Sep 2017
    Case pending With Commissioner of Income Tax (Appeal)
  • Tax disputeDCIT CIRCLE FARIDABAD-1Since 27 Dec 2018
    Case pending With Commissioner of Income Tax (Appeal)
  • Tax disputeDCIT CIRCLE FARIDABAD-1Since 26 Nov 2019
    Case pending with ITAT Delhi
    At the filing before: Case pending With Commissioner of Income Tax (Appeal)
  • Tax disputeAdditional Commissioner of Excise FaridabadSince 20 Apr 2014
    Case is pending & Reserve in call book
    At the filing before: Case is Pending & Reserve in call book
  • Tax disputeCommissioner of West Bengal Sales TaxSince 17 Nov 2011
    Cases are pending at West Bengal Tribunal (2006-07 to 2013-14) (Multiple cases relating to VAT Dues)
  • Tax disputeCommissioner of West Bengal Sales TaxSince 22 Sep 2011
    Cases are pending at West Bengal Tribunal (2006-07 to 2013-14) (Multiple cases relating to VAT Dues)
  • Tax disputeCommissioner of West Bengal Sales TaxSince 22 Jun 2015
    Case is pending at High Court West Bengal
12 more
  • Tax disputeAsst. Commissioner GST JaipurSince 29 Sep 2023
    Demand Confirmed by Joint Commissioner Appeal filed in GSTAT, Waiting for hearing
  • Tax disputeSperintendent GST Range-XXX, Div F, JaipurSince 15 Sep 2023
    Order pronounced by the 1st Appellate Authority in our favour, refund of pre payment received
    At the filing before: Hearing Attended on 30.04.2026, waiting for order
  • Tax disputeAssistant Commissioner Anti-Evasion, GST FaridabadSince 31 Jul 2024
    Hearing Attended on August 27, 2026, Waiting for order
    At the filing before: waiting for hearing at Joint Commissioner (Appeal) Gurugram
  • Tax disputeSuperintendent - AE, GST FaridabadSince 23 Jul 2024
    Hearing Attended on September 24, 2026, Waiting for order
    At the filing before: Demand Confirmed by Superintendent, appeal filled to Joint Commissioner (Appeal) Gurugram, waiting for hearing
  • Tax disputeProper Officer Faridabad WEST, GST FaridabadSince 21 Nov 2024
    Hearing Attended waiting for order
    At the filing before: Appeal Filled with Joint Commissioner (Appeal) Faridabad, Waiting for Hearing
  • Tax disputeSales Tax Haryana Proper Officer Faridabad WestSince 8 Jan 2025
    (cases related to 2015-16, 2016-17 & 2017-18) Appeal filed before Hon'ble High Court of Haryana
  • Tax disputeState GST Haryana, Proper Officer Faridabad WESTSince 17 Sep 2025
    Appeal filled before joint Commissioner, waiting for hearing.
  • Tax disputeState GST Uttrakhand , State Tax Officer (Mobile Squad-Roorkee)NarsanSince 24 Jan 2026
    order pronounced by the 1st Appellate Authority in our favour, refund application filled for deposited amount
    At the filing before: Penalty Paid, Appeal filled before Joint Commissioner Appeal, Dehradun Attend personal hearing, Waiting For Order, No burden of revenve on us in future.
  • Tax disputeState GST Uttrakhand , Assistant Commisiioner (Mobile Squad-Roorkee)NarsanSince 24 Jan 2026
    order pronounced by the 1st Appellate Authority in our favour, refund application filled for deposited amount
    At the filing before: Penalty Paid, Appeal filled before Joint Commissioner Appeal, Dehradun Attend personal hearing, Waiting For Order, No burden of revenve on us in future.
  • Tax disputeHimachal Pradesh VAT, Assessing Authority Parwanoo Circle-IISince 27 Aug 2016
    Penalty Already paid in the year 2016,Writ filled before High court of Himachal pradesh, Waiting for hearing.
  • Tax disputeState GST Haryana, Dy Commisiioner of state Tax cum proper officer, Faridabad WestSince 23 Jun 2026
    Reply Filled before Dy. Commissioner of State Tax cum Proper Officer Faridabad West
    At the filing before: we will file reply before the authority.
  • Tax disputeState GST Karnatka CTO DGSTO-3 BengaluruSince 28 Sep 2026
    will file reply before Schedule Date

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

None open at any 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.