Affle 3i logo

Affle 3i CEO, MD, chairman, board of directors and AGM

NSE: AFFLEBSE: 542752IT - ServicesSmall Cap

Formerly Affle (India)
Last close ₹1,326.20down ₹36.60 (2.69%)BSE ₹1,324.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,362.80.

52-week range of traded prices to 23 Oct 2026
₹1,251.30Low, 23 Mar 2026₹1,960.20High, 31 Oct 2025
Market cap
₹18,683 Cr335th largest listed
P/E
39.1
P/B
5.1
Dividend yield
Nonein the last 12 months
ROE
14.5%
ROCE
13.8%
Debt to equity
0.00
Volume, NSE
1,96,33950.2% delivered

Affle 3i 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 CEOANUJ KHANNA SOHUM
  • Company Secretary and Compliance OfficerParmita Choudhury

8 directors5 independent1 executive2 non-executive

  • ANUJ KHANNA SOHUM · Chairperson and managing director and CEOExecutive · joined Jan 2006 · 1 listed board · 1 committee seat
  • VIVEK NARAYAN GOURNon-executive · joined Jun 2025 · 2 listed boards · 1 as independent · 3 committee seats, 1 as chair
  • CHARLES YONG JIEN FOONGNon-executive · joined Oct 2024 · 1 listed board · 1 committee seat
  • SANJIV KUMAR CHAUDHARYIndependent · joined Oct 2024 · reappointed Oct 2024 · 21 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
  • RESHMA PRASAD VIRMANIIndependent · joined Feb 2025 · reappointed Feb 2025 · 17 months as independent · 1 listed board · 1 as independent
  • HANNY KUSNADIIndependent · joined Apr 2025 · reappointed Apr 2025 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SIMON ARTHUR CHESTERMANIndependent · joined May 2025 · reappointed May 2025 · 14 months as independent · 1 listed board · 1 as independent
  • PIYUSH GUPTAIndependent · joined May 2025 · reappointed May 2025 · 14 months as independent · 1 listed board · 1 as independent

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.

5 directors who left
  • ANUJ KUMAR, left 16 Apr 2026: Others
  • BIJYNATH, left 1 Jun 2025: Tenure Completion
  • SUMIT MAMAK CHADHA, left 1 Jun 2025: Tenure Completion
  • LAY SEE TAN, left 9 Feb 2025: Others
  • VIPUL KEDIA, left 1 Oct 2024: Others

Committees and meetings

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

  • Board

    • 9 May 20268 of 8 present5 independent · 69 days in between
    • 28 Feb 20269 of 9 present5 independent · 27 days in between
    • 31 Jan 20267 of 9 present4 independent

  • Audit Committee

    Chair SANJIV KUMAR CHAUDHARY

    HANNY KUSNADI, VIVEK NARAYAN GOUR

    • 9 May 20263 of 3 present2 independent · 22 days in between
    • 16 Apr 20263 of 3 present2 independent · 23 days in between
    • 31 Jan 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair RESHMA PRASAD VIRMANI

    HANNY KUSNADI, VIVEK NARAYAN GOUR

    • 23 Mar 20263 of 3 present2 independent · 22 days in between

  • Stakeholders Relationship Committee

    Chair SANJIV KUMAR CHAUDHARY

    ANUJ KHANNA SOHUM, CHARLES YONG JIEN FOONG

    • 23 Mar 20263 of 3 present1 independent

  • Risk Management Committee

    Chair ANUJ KHANNA SOHUM

    SIMON ARTHUR CHESTERMAN, CHARLES YONG JIEN FOONG

    • 30 Jun 20263 of 3 present1 independent · 20 days in between

  • Corporate Social Responsibility Committee

    Chair ANUJ KHANNA SOHUM

    RESHMA PRASAD VIRMANI, CHARLES YONG JIEN FOONG

    • 4 May 20263 of 3 present1 independent

  • Investment Committee

    • 9 Jun 20262 of 2 present0 independent · 35 days in between
    • 28 Feb 20262 of 2 present0 independent · 27 days in between

  • Separate Meeting of Independent Directors

    • 23 Mar 20265 of 5 present5 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.

  • Walker Chandiok & Co LLPPeer-review certificate valid to May 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.

Affle 3i 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.Affle 3i share news and announcements

Annual general meeting, 22 Sep 2026

2,53,426 shareholders on the register on 15 Sep 2026; present: 3 promoters and 46 others; votes counted by Kiran Sharma / M/s. Kiran Sharma & Co..The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors (“the Board”) and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.87% · promoters 100.00% · institutions 86.80% · other public 30.41%

  2. To appoint a Director in place of Mr. Vivek Narayan Gour (DIN: 00254383), Non-Executive Director who retires by rotation. Mr. Vivek Narayan Gour is eligible for re-appointment and seeks re-appointment in this AGMMoreLess
    Ordinary
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.82% · other public 0.01%

    Turnout: all 84.87% · promoters 100.00% · institutions 86.80% · other public 30.42%

  3. Alteration of Articles of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 84.87% · promoters 100.00% · institutions 86.80% · other public 30.42%

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.

Postal ballot, 10 Jun 2026, 4 resolutions

2,43,264 shareholders on the register on 8 May 2026; votes counted by Kiran Sharma / M/s Kiran Sharma & co..The company's voting result (opens in a new tab)

  1. Increase in Authorised Share Capital of the Company and consequent alteration in the Memorandum of Association
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.29% · other public 0.01%

    Turnout: all 89.99% · promoters 100.00% · institutions 94.46% · other public 46.25%

  2. Issuance of Warrants on a preferential basis to the Promoter of the Company
    SpecialPromoters have an interest in it
    96.65% for3.35% against

    Against: promoters 0.00% · institutions 10.82% · other public 0.02%

    Turnout: all 89.99% · promoters 100.00% · institutions 94.46% · other public 46.25%

  3. Change in objects of the unutilized proceeds of Preferential Issue
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 1.01% · other public 0.02%

    Turnout: all 89.99% · promoters 100.00% · institutions 94.46% · other public 46.25%

  4. Alteration of Articles of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 89.99% · promoters 100.00% · institutions 94.46% · other public 46.25%

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, 23 Sep 2025, 3 resolutions

2,57,667 shareholders on the register on 16 Sep 2025; present: 3 promoters and 47 others; votes counted by Kiran Sharma / M/s Kiran Sharma & co..The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors (“the Board ) and Auditors thereon.MoreLess
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.40% · other public 0.00%

    Turnout: all 85.71% · promoters 100.00% · institutions 82.17% · other public 43.91%

  2. To appoint Mr. Charles Yong Jien Foong (DIN: 08160891), Non-Executive Director who is retiring by rotation and being eligible for re-appointment, seeks re-appointment.
    Ordinary
    99.98% for0.02% against

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

    Turnout: all 85.71% · promoters 100.00% · institutions 82.17% · other public 43.91%

  3. Appointment of Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.71% · promoters 100.00% · institutions 82.17% · other public 43.91%

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 Jul 2025, 3 resolutions

2,71,854 shareholders on the register on 6 Jun 2025; votes counted by Kiran Sharma / M/s Kiran Sharma & co..The company's voting result (opens in a new tab)

  1. Appointment of Dr. Simon Arthur Chesterman (DIN: 11053943) as Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 85.81% · promoters 100.00% · institutions 86.62% · other public 41.01%

  2. Appointment of Mr. Piyush Gupta (DIN: 11056907) as Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 85.81% · promoters 100.00% · institutions 86.62% · other public 41.01%

  3. Appointment of Mr. Vivek Narayan Gour (DIN: 00254383) as Non-Executive Director
    Ordinary
    98.47% for1.53% against

    Against: promoters 0.00% · institutions 5.58% · other public 0.01%

    Turnout: all 85.81% · promoters 100.00% · institutions 86.62% · other public 41.01%

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, 5 Apr 2025, 3 resolutions

2,82,070 shareholders on the register on 29 Mar 2025; present: 3 promoters and 39 others; votes counted by Kiran Sharma / M/s. Kiran Sharma & Co..The company's voting result (opens in a new tab)

  1. Approval of change of name of the Company and consequent alteration in the Memorandum of Association and Articles of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 85.42% · promoters 100.00% · institutions 86.58% · other public 40.36%

  2. Appointment of Ms. Reshma Prasad Virmani (DIN: 10819204) as Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 85.42% · promoters 100.00% · institutions 86.58% · other public 40.36%

  3. Appointment of Dr. Hanny Kusnadi (DIN: 10996871) as Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 85.42% · promoters 100.00% · institutions 86.58% · other public 40.36%

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, 23 Sep 2024, 4 resolutions

Present: 3 promoters and 48 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2024 and the reports of the Board of Directors (“the Board ) and Auditors thereonMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 81.54% · promoters 100.00% · institutions 81.82% · other public 26.55%

  2. To appoint a Director in place of Mr. Anuj Kumar (DIN: 01400273), Non-Executive Director who retires by rotation and being eligible for re-appointment, seeks re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.08% · other public 0.01%

    Turnout: all 84.08% · promoters 100.00% · institutions 91.45% · other public 26.55%

  3. Appointment of Mr. Sanjiv Kumar Chaudhary (DIN: 06525007) as Independent Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 84.08% · promoters 100.00% · institutions 91.45% · other public 26.55%

  4. Appointment of Mr. Charles Yong Jien Foong (DIN: 08160891) as Non-Executive Director
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.08% · other public 0.01%

    Turnout: all 84.08% · promoters 100.00% · institutions 91.45% · other public 26.55%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 17 Nov 2023, 1 resolution

Present: 3 promoters and 42 others.The company's voting result (opens in a new tab)

  1. To create, offer, issue and allot equity shares on Preferential Basis
    Special
    100.00% for0.00% against

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

    Turnout: all 86.27% · promoters 100.00% · institutions 95.67% · other public 18.58%

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 2023, 4 resolutions

Present: 3 promoters and 47 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors (‘the Board’) and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.47% · promoters 100.00% · institutions 81.42% · other public 19.16%

  2. To appoint a Director in place of Ms. Noelia Amoedo Casqueiro (DIN: 09636776), Non-Executive Director who retires by rotation and being eligible for re-appointment, seeks reappointment.
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.33% · other public 0.02%

    Turnout: all 85.51% · promoters 100.00% · institutions 94.12% · other public 19.16%

  3. Appointment of Statutory Auditors of the Company
    Ordinary
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.80% · other public 0.01%

    Turnout: all 85.51% · promoters 100.00% · institutions 94.12% · other public 19.16%

  4. Amendment to Affle (India) Limited Employee Stock Option Scheme 2021(“Scheme”)
    Special
    91.92% for8.08% against

    Against: promoters 0.00% · institutions 29.79% · other public 6.56%

    Turnout: all 85.51% · promoters 100.00% · institutions 94.12% · other public 19.16%

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 22 Sep 2026, 13 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors (“the Board”) and Auditors thereon.MoreLess
    13 for0 against
  • To appoint a Director in place of Mr. Vivek Narayan Gour (DIN: 00254383), Non-Executive Director who retires by rotation. Mr. Vivek Narayan Gour is eligible for re-appointment and seeks re-appointment in this AGMMoreLess
    13 for0 against
  • Alteration of Articles of Association of the Company
    13 for0 against

Mutual fund votes, meeting of 10 Jun 2026, 28 fund houses

  • Increase in Authorised Share Capital of the Company and consequent alteration in the Memorandum of Association
    28 for0 against
  • Issuance of Warrants on a preferential basis to the Promoter of the Company
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Kotak Mahindra Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, The Wealth Company Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundGovernance concern: Warrants priced at par with equity shares. Shares and warrants are two different species of securities and warrants are derivatives, therefore, cannot be priced based on market price. Transparency Concern: The Company has not provided sufficient justification for allotment to promoter. There is no urgency for funds as only 25% will be received upfront and funds raise more than two years ago have not been spent, approx. 70% of funds still not used.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, The Wealth Company Mutual Fund, Zerodha Mutual FundCompliant with law. Governance concern: Warrants priced at par with equity shares. Shares and warrants are two different species of securities and warrants are derivatives, therefore, cannot be priced based on market price. Transparency Concern: The Company has not provided sufficient justification for allotment to promoter. There is no urgency for funds as only 25% will be received upfront and funds raise more than two years ago have not been spent, approx. 70% of funds still not used.
    • Baroda BNP Paribas Mutual FundThe company seeks shareholders’ approval to issue up to 74L warrants to Affle Holdings Pte. Ltd., a promoter entity, at ₹1,487 per warrant, aggregating ₹1,100.38 crores and dilution of ~5.0%, which would increase promoter shareholding from 54.91% to 57.16%. Only 25% of the consideration is received upfront, with the balance 75% payable at the option of the warrant holder upon conversion within 18 months. Given the promoter-specific nature of the issuance, increase in promoter shareholding, optionality embedded in warrants, absence of a disclosed binding commitment to pay the remaining 75%, and existing unutilized proceeds for similar objectives, we do not support the resolution.
    • HDFC Mutual FundThe company proposes to raise Rs. 11.0 bn through a warrants issue to the promoter group. The proceeds from the warrants are proposed to be utilized towards strategic investments or acquisitions (Rs. 8.25 bn) and general corporate purposes (Rs. 2.75 bn). The company has not disclosed any specific acquisition targets, deployment milestones, or the size of the proposed transactions, therefore their is a lack of clarity on the use of proceeds. We do not support the resolution.
    • Invesco Mutual FundThe company proposes to raise Rs. 11.0 bn through a warrants issue to the promoter group. Assuming full conversion, the issuance will lead to a dilution of 5% on the expanded capital base. The proceeds from the warrants are proposed to be utilized towards strategic investments or acquisitions (Rs. 8.25 bn) and general corporate purposes (Rs. 2.75 bn). Upon full conversion, the issuance will increase the promoter‑group shareholding to 57.16% from the current 54.91%. We do not support the issuance of warrants to promoters, as the entire issue is proposed exclusively to a promoter entity with no participation from non-promoter investors. The company is cash rich and financially stable with positive cash flows and no material debt stress, and this being its first warrant issuance, there is no established track record of warrant conversion by the promoter. We encourage promoters to participate through a preferential issue of equity, where funds are infused upfront, rather than through the warrants route. We do not support the resolution
    • Jio BlackRock Mutual FundThe company proposes to raise Rs. 11.0 bn through a warrants issue to the promoter group. Assuming full conversion, the issuance will lead to a dilution of 5% on the expanded capital base. The proceeds from the warrants are proposed to be utilized towards strategic investments or acquisitions (Rs. 8.25 bn) and general corporate purposes (Rs. 2.75 bn). Upon full conversion, the issuance will increase the promoter‑group shareholding to 57.16% from the current 54.91%. We do not support the issuance of warrants to promoters, as the entire issue is proposed exclusively to a promoter entity with no participation from non-promoter investors. The company is cash rich and financially stable with positive cash flows and no material debt stress, and this being its first warrant issuance, there is no established track record of warrant conversion by the promoter. We encourage promoters to participate through a preferential issue of equity, where funds are infused upfront, rather than through the warrants route. We do not support the resolution.
    • Kotak Mahindra Mutual FundThe company proposes to raise Rs. 11.0 bn through a warrants issue to the promoter group. Assuming full conversion, the issuance will lead to a dilution of 5% on the expanded capital base. The proceeds from the warrants are proposed to be utilized towards strategic investments or acquisitions (Rs. 8.25 bn) and general corporate purposes (Rs. 2.75 bn). Upon full conversion, the issuance will increase the promoter group shareholding to 57.16% from the current 54.91%. We do not support the issuance of warrants to promoters, as the entire issue is proposed exclusively to a promoter entity with no participation from non-promoter investors. The company is cash rich and financially stable with positive cash flows and no material debt stress, and this being its first warrant issuance, there is no established track record of warrant conversion by the promoter. We encourage promoters to participate through a preferential issue of equity, where funds are infused upfront, rather than through the warrants route. We do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Motilal Oswal Mutual FundWarrants priced approx. at par with equity shares; Lack of clarity on why warrant allotment to promoters
    • Nippon India Mutual FundGovernance Concern: Warrants, being derivatives, cannot be priced at par with equity shares. The Company lacks sufficient justification for promoter allotment, with no urgency for funds given only 25% is received upfront and ~70% of previously raised funds (2+ years ago) remain unutilized.
    12 for16 against
  • Change in objects of the unutilized proceeds of Preferential Issue
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, The Wealth Company Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency concern: Lack of adequate clarity regarding no progress towards the objective for which the funds were raised initially.
    • Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, The Wealth Company Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency concern: Lack of adequate clarity regarding no progress towards the objective for which the funds were raised initially.
    • Motilal Oswal Mutual FundLack of adequate clarity regarding negligible progress towards the objective for which the funds were raised initially
    20 for8 against
  • Alteration of Articles of Association of the Company
    28 for0 against
6 earlier meetings

Mutual fund votes, meeting of 23 Sep 2025, 27 fund houses

  • To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors (“the Board ) and Auditors thereon.MoreLess
    27 for0 against
  • To appoint Mr. Charles Yong Jien Foong (DIN: 08160891), Non-Executive Director who is retiring by rotation and being eligible for re-appointment, seeks re-appointment.
    27 for0 against
  • Appointment of Secretarial Auditor of the Company
    27 for0 against

Mutual fund votes, meeting of 11 Jul 2025, 25 fund houses

  • Appointment of Dr. Simon Arthur Chesterman (DIN: 11053943) as Independent Director
    25 for0 against
  • Appointment of Mr. Piyush Gupta (DIN: 11056907) as Independent Director
    25 for0 against
  • Appointment of Mr. Vivek Narayan Gour (DIN: 00254383) as Non-Executive Director
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
    • Angel One Mutual FundGovernance Concern: Cooling off period of one year not served after completion of term as Independent Director; appointment as Non-Executive Director raises question over his independence as Independent Director.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with Law. Governance Concern: Cooling off period of 1 year not served after completion of term as ID; appointment as NED raises question over his independence as ID.
    • PGIM India Mutual FundNo cooling off period served post tenure as ID to NED
    19 for6 against

Mutual fund votes, meeting of 5 Apr 2025, 23 fund houses

  • Approval of change of name of the Company and consequent alteration in the Memorandum of Association and Articles of Association of the Company
    23 for0 against
  • Appointment of Ms. Reshma Prasad Virmani (DIN: 10819204) as Independent Director
    23 for0 against
  • Appointment of Dr. Hanny Kusnadi (DIN: 10996871) as Independent Director
    23 for0 against

Mutual fund votes, meeting of 23 Sep 2024, 14 fund houses

  • To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2024 and the reports of the Board of Directors (“the Board ) and Auditors thereonMoreLess
    14 for0 against
  • To appoint a Director in place of Mr. Anuj Kumar (DIN: 01400273), Non-Executive Director who retires by rotation and being eligible for re-appointment, seeks re-appointment
    14 for0 against
  • Appointment of Mr. Sanjiv Kumar Chaudhary (DIN: 06525007) as Independent Director
    14 for0 against
  • Appointment of Mr. Charles Yong Jien Foong (DIN: 08160891) as Non-Executive Director
    14 for0 against

Mutual fund votes, meeting of 17 Nov 2023, 9 fund houses

  • To create, offer, issue and allot equity shares on Preferential Basis
    9 for0 against

Mutual fund votes, meeting of 22 Sep 2023, 9 fund houses

  • To consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors (‘the Board’) and Auditors thereonMoreLess
    9 for0 against
  • To appoint a Director in place of Ms. Noelia Amoedo Casqueiro (DIN: 09636776), Non-Executive Director who retires by rotation and being eligible for re-appointment, seeks reappointment.
    9 for0 against
  • Appointment of Statutory Auditors of the Company
    9 for0 against
  • Amendment to Affle (India) Limited Employee Stock Option Scheme 2021(“Scheme”)
    Against HDFC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • HDFC Mutual FundThere is lack of disclosure or clarity on the pricing formula or exercise price at which the ESOP will be granted
    • Motilal Oswal Mutual FundNon-compliant with SEBI Regulations: Absolute discretion to the NRC to vary exercise price. Transparency concern: Inadequate disclosure regarding the sub plans.
    • Nippon India Mutual FundInadequate disclosure
    6 for3 against

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

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
No
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.

How money raised was used

Reported for the quarter to Jun 2026. 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 elsewhereReason and comments
QIPMay 2021590.69General Corporate Purpose590.69565.30No
Preferential IssuesNov 2023, checked by ICRA Limited737.43Development and/or expansion of technologies, intellectual property, platforms and/or product propositions either by way of investment to enable in-house development of technology (including in Subsidiaries of the Company) or by way of other suitable investments (including purchase of technology)37.5837.58Yes
Pursuant to review of the business requirements and prevailing market opportunities, the Board of Directors of the Company believes that the Company has sufficient cash balances, Accordingly, with the approval of the shareholders, the object clause is changed to utilize the unutilized proceeds of Rs. 297.42 crores from the preferential issue towards inorganic growth opportunitiesMoreLess
Preferential IssuesNov 2023, checked by ICRA Limited737.43Funding inorganic growth opportunities of the Company and its Subsidiaries447.420.00Yes
Pursuant to review of the business requirements and prevailing market opportunities, the Board of Directors of the Company believes that the Company has sufficient cash balances, Accordingly, with the approval of the shareholders, the object clause is changed to utilize the unutilized proceeds of Rs. 297.42 crores from the preferential issue towards inorganic growth opportunitiesMoreLess
Preferential IssuesNov 2023, checked by ICRA Limited737.43Repayment of outstanding liabilities of the Subsidiaries of our Company in relation to certain of their prior acquisitions75.0075.00Yes
Pursuant to review of the business requirements and prevailing market opportunities, the Board of Directors of the Company believes that the Company has sufficient cash balances, Accordingly, with the approval of the shareholders, the object clause is changed to utilize the unutilized proceeds of Rs. 297.42 crores from the preferential issue towards inorganic growth opportunitiesMoreLess
Preferential IssuesNov 2023, checked by ICRA Limited737.43General Corporate Purpose177.43125.74Yes
Pursuant to review of the business requirements and prevailing market opportunities, the Board of Directors of the Company believes that the Company has sufficient cash balances, Accordingly, with the approval of the shareholders, the object clause is changed to utilize the unutilized proceeds of Rs. 297.42 crores from the preferential issue towards inorganic growth opportunitiesMoreLess
Preferential IssuesJun 2026, checked by ACER Credit Rating Private Limited275.10Funding requirements for inorganic growth objectives of the Company825.280.00No
Preferential IssuesJun 2026, checked by ACER Credit Rating Private Limited275.10General Corporate Purpose275.100.00No
₹ 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.