ADF Foods logo

ADF Foods CEO, MD, chairman, board of directors and AGM

NSE: ADFFOODSBSE: 519183Food ProductsSmall Cap

Last close ₹235.00down ₹9.95 (4.06%)BSE ₹235.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹244.95.

52-week range of traded prices to 23 Oct 2026
₹153.10Low, 27 Mar 2026₹346.95High, 2 Jul 2026
Market cap
₹2,582 Cr1,067th largest listed
P/E
28.1
P/B
4.5
Dividend yield
0.51%
ROE
17.3%
ROCE
19.6%
Debt to equity
0.02
Volume, NSE
1,12,86851.6% delivered

ADF Foods board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing director and CEOBimal Ramesh ThakkarRelated to the promoter
  • Company Secretary and Compliance OfficerShalaka Ovalekar

8 directors4 independent2 executive2 non-executive

  • Bimal Ramesh Thakkar · Chairperson and managing director and CEOExecutive · joined May 2003 · reappointed Oct 2023 · 1 listed board · 1 committee seat
  • Viren Ajitkumar MerchantNon-executive · joined Nov 2005 · reappointed Sep 2019 · 2 listed boards · 1 as independent · 2 committee seats, 1 as chair
  • Jay Mahendra MehtaNon-executive · joined May 2003 · reappointed Sep 2019 · 2 listed boards · 1 committee seat
  • Deepa Misra HarrisIndependent · joined Mar 2020 · reappointed Mar 2025 · 75 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 1 as chair
  • Pheroze Kersasp MistryIndependent · joined Sep 2023 · reappointed Sep 2023 · 33 months as independent · 1 listed board · 1 as independent
  • Manmohan SrivastavaIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Ameet Pratapsinh HarianiIndependent · joined Feb 2025 · reappointed Feb 2025 · 17 months as independent · 6 listed boards · 6 as independent · 8 committee seats, 2 as chair
  • Arjuun GuuhaExecutive · joined Oct 2023 · reappointed Oct 2023 · 1 listed board

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.

1 director who left
  • Chandir G. Gidwani, left 6 Feb 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 13 May 20268 of 8 present4 independent · 98 days in between
    • 3 Feb 20268 of 8 present4 independent

  • Audit Committee

    Chair Manmohan Srivastava

    Viren Ajitkumar Merchant, Deepa Misra Harris, Ameet Pratapsinh Hariani

    • 13 May 20264 of 4 present3 independent · 98 days in between
    • 3 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Deepa Misra Harris

    Jay Mahendra Mehta, Pheroze Kersasp Mistry

    • 13 May 20263 of 3 present2 independent · 98 days in between
    • 3 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Viren Ajitkumar Merchant

    Bimal Ramesh Thakkar, Deepa Misra Harris

    • 13 May 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Manmohan Srivastava

    Bimal Ramesh Thakkar, Srinivas Suryarao Ayyagari

    • 3 Feb 20262 of 2 present1 independent

  • Corporate Social Responsibility Committee

    Chair Viren Ajitkumar Merchant

    Bimal Ramesh Thakkar, Jay Mahendra Mehta, Deepa Misra Harris

    • 13 May 20264 of 4 present1 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 Mar 2026.

  • MSKA & Associates LLP, Chartered AccountantsPeer-review certificate valid to Jul 2027
1 earlier auditor
  • M/s. M S K A & Associates, Chartered AccountantsNamed 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.

ADF 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.ADF Foods dividend history

Annual general meeting, 12 Aug 2026

41,618 shareholders on the register on 5 Aug 2026; present: 10 promoters and 47 others; votes counted by Sanjay S. Risbud / S.S. RISBUD & CO..The company's voting result (opens in a new tab)

  1. 1 - (a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon. (b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.00% · promoters 100.00% · institutions 74.66% · other public 13.85%

  2. 2 - To declare a Final Dividend of Rs. 0.60/- per equity share of face value Rs. 2/- each for the Financial Year ended 31st March, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.00% · promoters 100.00% · institutions 74.66% · other public 13.85%

  3. 3 - To appoint a Director in place of Mr. Bimal Thakkar (DIN: 00087404), who retires by rotation and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 22.65% · promoters 0.00% · institutions 74.66% · other public 13.32%

  4. 4 - To approve continuation of the existing remuneration terms of Mr. Bimal Thakkar for the remaining tenure of his current appointment term from 1st October, 2026 upto 30th September, 2028 pursuant to applicable statutory provisions.MoreLess
    SpecialPromoters have an interest in it
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 1.04% · other public 0.01%

    Turnout: all 22.65% · promoters 0.00% · institutions 74.66% · other public 13.32%

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, 12 Aug 2025, 5 resolutions

42,630 shareholders on the register on 6 Aug 2025; present: 11 promoters and 40 others; votes counted by Sanjay S. Risbud / S.S. RISBUD & CO..The company's voting result (opens in a new tab)

  1. 1 - (a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2025, together with the Reports of the Board of Directors and the Auditors thereon. (b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.43% · promoters 100.00% · institutions 51.47% · other public 3.10%

  2. 2 - To declare a Final Dividend of Rs. 0.60/- per equity share of face value Rs. 2/- each for the Financial Year ended 31st March 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.43% · promoters 100.00% · institutions 51.47% · other public 3.10%

  3. 3 - To appoint a Director in place of Mr. Jay Mehta (DIN: 00152072), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 1.81% · other public 0.02%

    Turnout: all 50.43% · promoters 100.00% · institutions 51.47% · other public 3.10%

  4. 4 - To appoint M/s. Dedhia Shah & Partners LLP, Company Secretaries (Firm Registration No. L2025MH019000) as the Secretarial Auditors of the Company for the first term of 5 (five) consecutive years commencing from Financial Year 2025-26 till Financial Year 2029-30 and fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.43% · promoters 100.00% · institutions 51.47% · other public 3.10%

  5. 5 - To re-appoint Mr. Sumer B. Thakkar to hold an office or place of profit in the Company for a period of 3 (three) years with effect from 1st October 2025 till 30th September 2028 (both days inclusive).MoreLess
    OrdinaryPromoters have an interest in it
    98.35% for1.65% against

    Against: promoters 0.00% · institutions 1.77% · other public 0.09%

    Turnout: all 14.09% · promoters 0.00% · institutions 51.47% · other public 2.55%

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.

Postal ballot, 9 Mar 2025, 2 resolutions

43,659 shareholders on the register on 3 Feb 2025; votes counted by Sanjay S. Risbud / S.S. RISBUD & CO..The company's voting result (opens in a new tab)

  1. Re-appointment of Ms. Deepa Misra Harris (DIN: 00064912) as an Independent Director of the Company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.50%

    Turnout: all 52.44% · promoters 79.66% · institutions 71.70% · other public 14.61%

  2. Appointment of Mr. Ameet P. Hariani (DIN: 00087866) as an Independent Director of the Company
    Special
    99.95% for0.05% against

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

    Turnout: all 52.44% · promoters 79.66% · institutions 71.70% · other public 14.61%

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, 1 Aug 2024, 7 resolutions

Present: 12 promoters and 37 others.The company's voting result (opens in a new tab)

  1. (a) To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the Financial Year ended 31st March, 2024, together with the Reports of the Board of Directors and the Auditors thereon.n(b) To receive, consider and adopt the Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March, 2024, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.16% · promoters 87.84% · institutions 72.87% · other public 16.04%

  2. To declare a Final Dividend of Rs. 1.20/- per equity share of face value Rs. 2/- each for the Financial Year ended 31st March, 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.16% · promoters 87.84% · institutions 72.87% · other public 16.04%

  3. To appoint a Director in place of Mr. Viren Merchant (DIN: 00033464), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 1.41% · other public 0.00%

    Turnout: all 56.16% · promoters 87.84% · institutions 72.87% · other public 16.04%

  4. To appoint M/s. M S K A & Associates, Chartered Accountants (Firm Registration No. 105047W) as the Statutory Auditors of the Company to hold office for a term of 5 (five) consecutive years from the conclusion of 34th Annual General Meeting till the conclusion of the 39th Annual General Meeting of the Company to be held in the calendar year 2029 and to fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.16% · promoters 87.84% · institutions 72.87% · other public 16.04%

  5. To appoint Mr. M. M. Srivastava, IAS, (Retd.), (DIN: 02190050) as an Independent Director of the Company for a period of 5 (five) years commencing from 9th May, 2024 and ending on 8th May, 2029 (both days inclusive).MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 56.16% · promoters 87.84% · institutions 72.87% · other public 16.04%

  6. To appoint Mr. Shivaan B. Thakkar to hold an office or place of profit in the Company from 1st September, 2024 and ending on 30th September, 2027 (both days inclusive).
    OrdinaryPromoters have an interest in it
    98.94% for1.06% against

    Against: promoters 0.00% · institutions 1.41% · other public 0.00%

    Turnout: all 24.00% · promoters 0.00% · institutions 72.87% · other public 15.41%

  7. To approve omnibus approval of Related Party Transactions with Vibrant Foods New Jersey LLC, a Step Down Subsidiary of the Company.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 24.25% · promoters 0.00% · institutions 72.87% · other public 16.04%

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, 7 Dec 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. To consider and approve the appointment of Mr. Pheroze K. Mistry (DIN: 00344590) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 48.58% · promoters 70.16% · institutions 72.09% · other public 14.42%

  2. To consider and approve the appointment of Mr. Arjuun Guuha (DIN: 10366057) as a Whole Time Director of the Company.
    Ordinary
    99.35% for0.65% against

    Against: promoters 0.00% · institutions 1.79% · other public 0.09%

    Turnout: all 48.58% · promoters 70.16% · institutions 72.09% · other public 14.42%

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, 9 Aug 2023, 6 resolutions

Present: 10 promoters and 38 others.The company's voting result (opens in a new tab)

  1. (a) To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023, together with the Reports of the Board of Directors and the Auditors thereon.nn(b) To receive, consider and adopt the Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023, together with the Report of the Auditors thereon.nnMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.60% · promoters 80.09% · institutions 71.95% · other public 15.44%

  2. To declare a Final Dividend of Rs. 5/- per equity share of Rs. 10/- each for the Financial Year ended 31st March, 2023.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.60% · promoters 80.09% · institutions 71.95% · other public 15.44%

  3. To appoint a Director in place of Mr. Jay M. Mehta (DIN: 00152072), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 1.51% · other public 0.01%

    Turnout: all 52.60% · promoters 80.09% · institutions 71.95% · other public 15.44%

  4. To approve sub-division of One Equity Share of face value Rs. 10/- each into Five Equity Shares of face value Rs. 2/- each.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.60% · promoters 80.09% · institutions 71.95% · other public 15.44%

  5. To approve Alteration of Capital Clause of the Memorandum of Association of the Company consequent to sub-division of equity shares.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 52.60% · promoters 80.09% · institutions 71.95% · other public 15.44%

  6. To approve Omnibus Approval of Related Party Transaction with Vibrant Foods New Jersey LLC, a Step Down Subsidiary of the Company, for sale, purchase or supply of any goods or materials and/ or availing/ rendering of any services not exceeding Rs. 100 crore per annum.MoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 8.44% · promoters 0.00% · institutions 34.02% · other public 0.69%

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, 11 Mar 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for re-appointment of Mr. Bimal R. Thakkar (DIN: 00087404) as the ‘Chairman, Managing Director & CEO’ of the Company.
    SpecialPromoters have an interest in it
    99.27% for0.73% against

    Against: promoters 0.00% · institutions 0.98% · other public 0.05%

    Turnout: all 23.16% · promoters 0.00% · institutions 99.37% · other public 13.41%

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, 12 Aug 2022, 6 resolutions
  1. To approve continuation of Related Party Contract with Vibrant Foods New Jersey LLC, Step Down Subsidiary of the Company for Sale, purchase or supply of any goods or materials and/ or availing/ rendering of any services not exceeding Rs. 100 crore per annum.MoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against
  2. To increase the aggregate limit of investment by NRIs on Repatriation basis from 10% of Paid-up Equity Share Capital of the Company to 24% of the Paid-up Equity Share Capital of the Company.
    Special
    100.00% for0.00% against
  3. To approve appointment of Mr. Sumer B. Thakkar as a Person in place of Profit with effect from October 1, 2022 till September 30, 2025 pursuant to Section 188 (1) (f) of the Companies Act, 2013.
    OrdinaryPromoters have an interest in it
    98.94% for1.06% against
  4. To appoint a Director in place of Mr. Viren Merchant (DIN: 00033464), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.67% for0.33% against
  5. To declare a Final Dividend of Rs. 4/- per equity share of Rs. 10/- each for the Financial Year ended March 31, 2022.
    Ordinary
    100.00% for0.00% against
  6. (a) To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the Financial Year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon.n n(b) To receive, consider and adopt the Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2022, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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.

Mutual fund votes, meeting of 12 Aug 2025, 1 fund house

  • 1 - (a) To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2025, together with the Reports of the Board of Directors and the Auditors thereon. (b) To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025, together with the Report of the Auditors thereon.MoreLess
    1 for0 against
  • 2 - To declare a Final Dividend of Rs. 0.60/- per equity share of face value Rs. 2/- each for the Financial Year ended 31st March 2025.
    1 for0 against
  • 3 - To appoint a Director in place of Mr. Jay Mehta (DIN: 00152072), who retires by rotation and being eligible offers himself for re-appointment.
    1 for0 against
  • 4 - To appoint M/s. Dedhia Shah & Partners LLP, Company Secretaries (Firm Registration No. L2025MH019000) as the Secretarial Auditors of the Company for the first term of 5 (five) consecutive years commencing from Financial Year 2025-26 till Financial Year 2029-30 and fix their remuneration.MoreLess
    1 for0 against
  • 5 - To re-appoint Mr. Sumer B. Thakkar to hold an office or place of profit in the Company for a period of 3 (three) years with effect from 1st October 2025 till 30th September 2028 (both days inclusive).MoreLess
    1 for0 against

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeIncome Tax DepartmentSince 28 Dec 2015
    The matter is pending before CIT(A).
    At the filing before: Certain payment made to overseas vendors during the year were disallowed by the income-tax authorities pertain to FY 2009-2010 , 2011-2012 to 2013-2014 . The Company has appealed against the order. Date of Initiation of dispute is different for different years. In the column "date of intiation of litigation/ dispute" we have mentioned the date of Appeal filed pertaining to the first year when the disupute was raised. Quantum of claim(s), if any : The aggregate amount under the litigation as on June 30, 2026 is Rs. 352.34 Lakhs.MoreLess
  • Tax disputeIncome Tax DepartmentSince 20 Oct 2022
    The matter is pending before CIT(A).
    At the filing before: Certain expenses for FY 2019-20 and FY 20-21 were disallowed by tax authorities, and the Company’s appeal is pending before CIT(A). Quantum of claim(s), if any : The aggregate amount under the litigation as on June 30, 2026 is Rs. 88.89 Lakhs.MoreLess
  • Tax disputeService Tax DepartmentSince 14 Feb 2012
    The matter is pending before Appellate Tribunal.
    At the filing before: The department has not agreed with the classification of services availed and disallowed the expenses. The Company’s appeal is pending with Appellate Tribunal. Quantum of claim(s), if any : The aggregate amount including Interest under the litigation as on June 30, 2026 is Rs. 463.53 Lakhs.MoreLess
  • Tax disputeGoods and Service Tax DepartmentSince 26 Apr 2024
    The matter is pending before Appellate Authority.
    At the filing before: Department has disputed our classification of some products and has demanded to pay duty on the same. Company has filed an appeal in Appellate authority. Quantum of claim(s), if any : The aggregate amount under the litigation as on June 30, 2026 is Rs. 55.44 Lakhs.MoreLess
  • Tax disputeGoods and Service Tax DepartmentSince 31 Aug 2024
    The matter is pending before Appellate Authority
    At the filing before: Department has raised certain issue related to E way bill and has raised a claim of Rs. 9.88 Lakhs. The Company has filed an appeal in Appellate authority.
  • Tax disputeGoods and Service Tax DepartmentSince 6 Aug 2025
    The matter is pending before Appellate Authority.
    At the filing before: Department has raised certain issue related to E way bill and has raised a claim of Rs. 6.39 Lakhs. The Company has filed an appeal in Appellate authority.

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

At most 1 complaint open, quarter to Mar 2025.
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.

How money raised was used

Reported for the quarter to Mar 2025. 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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesMar 202225.62Meeting the Company's capital expenditure, inorganic growth opportunities and for other general corporate purposes.25.6225.62No
Preferential IssuesApr 202227.33Meeting the Company's capital expenditure, inorganic growth opportunities and for other general corporate purposes.27.3327.33No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.