Akshar Spintex logo

Akshar Spintex MD, chairman, board of directors and AGM

NSE: AKSHARBSE: 541303Textiles & ApparelsSmall Cap

Last close ₹0.42₹0.00 (0.00%)BSE ₹0.42

Share price at the NSE close on 23 Oct 2026. Previous close ₹0.42.

52-week range of traded prices to 23 Oct 2026
₹0.36Low, 9 Mar 2026₹0.63High, 24 Oct 2025
Market cap
₹33 Cr3,680th largest listed
P/E
Lossover the last 12 months
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
−6.6%
ROCE
−10.3%
Debt to equity
0.06
Volume, NSE
10,79,59485.8% delivered

Akshar Spintex 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

  • ChairpersonHARIKRUSHNA SHAMJIBHAI CHAUHAN

5 directors2 independent3 executive

  • HARIKRUSHNA SHAMJIBHAI CHAUHAN · ChairpersonExecutive · joined Jan 2017 · reappointed Jan 2024 · 117 months as independent · 1 listed board · 1 committee seat
  • ILABEN DINESHBHAI PAGHDARExecutive · joined Aug 2019 · 86 months as independent · 1 listed board · 2 committee seats
  • ROHIT BHANJIBHAI DOBARIYAIndependent · joined Mar 2021 · reappointed Jan 2023 · 96 months as independent · 1 listed board · 1 as independent
  • BHAVIN JAYANTIBHAI KOTHIYAIndependent · joined Nov 2025 · 10 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • HARRY PAGHDARExecutive · joined Feb 2026 · 7 months as independent · 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.

8 directors who left
  • PARSHOTAM VASOYA, left 22 Aug 2026: Tenure Completion
  • Sureshkumar Chaturbhai Gajera, left 25 Aug 2025: Others
  • Brijeshkumar Prahladbhai Patel, left 21 May 2025: Others
  • Sahilkumar Dineshbhai Patel, left 21 May 2025: Others
  • Rohit Naval, left 28 Mar 2025: Others
  • Keshav Makhija, left 28 Mar 2025: Others
  • NIRALA INDUBHAI JOSHI, left 7 Mar 2025: Others
  • AMIT VALLABHBHAI GADHIYA, left 7 Mar 2025: Others

Committees and meetings

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

  • Board

    • 19 Sep 20265 of 5 present2 independent · 17 days in between
    • 1 Sep 20265 of 5 present2 independent · 9 days in between
    • 22 Aug 20265 of 5 present2 independent · 14 days in between
    • 7 Aug 20266 of 6 present3 independent · 28 days in between
    2 earlier meetings
    • 9 Jul 20266 of 6 present3 independent · 34 days in between
    • 4 Jun 20266 of 6 present3 independent
  • Audit Committee

    Chair ROHIT BHANJIBHAI DOBARIYA

    ILABEN DINESHBHAI PAGHDAR, BHAVIN JAYANTIBHAI KOTHIYA

    • 25 Aug 20263 of 3 present2 independent · 17 days in between
    • 7 Aug 20263 of 3 present2 independent · 63 days in between
    • 4 Jun 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair ROHIT BHANJIBHAI DOBARIYA

    BHAVIN JAYANTIBHAI KOTHIYA

    • 25 Aug 20262 of 2 present2 independent
  • Stakeholders Relationship Committee

    Chair BHAVIN JAYANTIBHAI KOTHIYA

    HARIKRUSHNA SHAMJIBHAI CHAUHAN, ILABEN DINESHBHAI PAGHDAR

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair BHAVIN JAYANTIBHAI KOTHIYA

    HARIKRUSHNA SHAMJIBHAI CHAUHAN, ILABEN DINESHBHAI PAGHDAR

    No meeting listed in the filing.

  • Independent Director

    BHAVIN JAYANTIBHAI KOTHIYA

    No meeting listed in the filing.

  • INDEPENDENT DIRECTORS

    Chair ROHIT BHANJIBHAI DOBARIYA

    PARSHOTAM VASOYA

    No meeting listed in the filing.

  • Internal Complaint (Sexual Harassment Complaint Redressal) Committee

    Chair ILABEN DINESHBHAI PAGHDAR

    HARIKRUSHNA SHAMJIBHAI CHAUHAN, HARRY PAGHDAR

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s H. B. Kalaria & AssociatesPeer-review certificate valid to Jul 2027
1 earlier auditor
  • H B Kalaria & AssociatesNamed 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.

Akshar Spintex 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.Akshar Spintex dividend history

Annual general meeting, 28 Sep 2026

1,41,630 shareholders on the register on 21 Sep 2026; present: 5 promoters and 30 others; votes counted by DIPALI NATVAR VORA / D N VORA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To Consider and adopt the Financial Statement of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditor thereon
    OrdinaryNot passed
    48.13% for51.87% against

    Against: promoters 0.00% · other public 53.98%

    Turnout: all 7.02% · promoters 99.91% · other public 6.76%

  2. To appoint Mrs. Ilaben Dineshbhai Paghdar (DIN: 07591339) Director of the Company, who retires by rotation and being eligible, offers herself for re-appointment
    OrdinaryNot passed
    47.56% for52.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.58%

    Turnout: all 7.02% · promoters 99.91% · institutions 0.00% · other public 6.76%

  3. To appoint M s. H. Jamnadas and Company, Chartered Accountants, Firm Registration No. 104033W, as Statutory Auditor of the Company, in place of retiring Statutory Auditor, M s. H. B. Kalaria and Associates, Chartered Accountants, Rajkot.MoreLess
    OrdinaryNot passed
    48.15% for51.85% against

    Against: promoters 0.00% · institutions 0.00% · other public 53.96%

    Turnout: all 7.02% · promoters 99.91% · institutions 0.00% · other public 6.76%

  4. PAYMENT OF REMUNERATION TO COST AUDITORS FOR FINANCIAL YEAR 2026-2027
    SpecialNot passed
    48.09% for51.91% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.03%

    Turnout: all 7.00% · promoters 99.91% · institutions 0.00% · other public 6.75%

  5. APPROVAL OF REMUNARATION OF MRS. ILLABEN DINESHBHAI PAGHDAR (DIN: 07591339): DIRECTOR OF THE COMPANY UNDER SECTION 197 AND 198 READ WITH SCHEDULE V:
    SpecialNot passed
    47.40% for52.60% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.74%

    Turnout: all 7.00% · promoters 99.91% · institutions 0.00% · other public 6.75%

  6. RE-SEEKING APPROVAL FOR REMUNERATION OF MR. HARRY PAGHDAR (DIN: 11096100):
    SpecialNot passed
    47.41% for52.59% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.73%

    Turnout: all 7.00% · promoters 99.91% · institutions 0.00% · other public 6.75%

  7. Re-appointment of Mr. Parshotam Lakhabhai Vasoya (DIN: 09229252) as an Independent Director of the Company
    SpecialNot passed
    47.86% for52.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.26%

    Turnout: all 7.00% · promoters 99.91% · institutions 0.00% · other public 6.75%

  8. Appointment of Mr. Sureshkumar Chaturbhai Gajera (DIN: 11106779) as an Independent Director
    SpecialNot passed
    47.83% for52.17% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.30%

    Turnout: all 7.00% · promoters 99.91% · institutions 0.00% · other public 6.75%

  9. RE-APPOINTMENT OF MR. HARIKRUSHNA SHAMJIBHAI CHAUHAN (DIN: 07710106) AS CHAIRMAN CUM WHOLE TIME DIRECTOR AND APPROVAL OF REMUNERATION UNDER SECTION 196 AND 197 READ WITH SCHEDULE V OF THE COMPANIES ACT, 2013MoreLess
    SpecialNot passed
    47.50% for52.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 54.64%

    Turnout: all 7.00% · promoters 99.91% · institutions 0.00% · other public 6.75%

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, 18 Feb 2026, 3 resolutions

1,46,797 shareholders on the register on 16 Jan 2026; votes counted by DIPALI NATVAR VORA / D N VORA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. TO RATIFY APPOINTMENT OF MR. BHAVIN JAYANTIBHAI KOTHIYA AS NON EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY.
    Special
    98.51% for1.49% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.55%

    Turnout: all 7.58% · promoters 95.90% · institutions 0.00% · other public 7.33%

  2. RE-SEEKING APPROVAL FOR APPOINTMENT OF MR. HARRY PAGHDAR (DIN: 11096100) AS EXECUTIVE DIRECTOR.
    Special
    96.14% for3.86% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.00%

    Turnout: all 7.56% · promoters 95.90% · institutions 0.00% · other public 7.32%

  3. RE-SEEKING APPROVAL FOR REMUNERATION OF MR. HARRY PAGHDAR (DIN: 11096100)
    SpecialNot passed
    49.41% for50.59% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.42%

    Turnout: all 7.56% · promoters 95.90% · institutions 0.00% · other public 7.32%

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, 25 Aug 2025, 7 resolutions

1,49,677 shareholders on the register on 18 Aug 2025; present: 6 promoters and 36 others; votes counted by PIYUSH JETHVA / CS PIYUSH JETHVA.The company's voting result (opens in a new tab)

  1. To Consider and adopt the financial Statement of the Company for the financial year ended March 31, 2025 and reports of Board of Directors and Auditor thereon, to consider
    Ordinary
    52.66% for47.34% against

    Against: promoters 0.00% · other public 58.67%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

  2. To appoint Mr. Harikrushna Samjibhai Chauhan (DIN: 07710106), Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    50.36% for49.64% against

    Against: promoters 0.00% · other public 61.52%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

  3. PAYMENT OF REMUNERATION TO COST AUDITORS FOR FINANCIAL YEAR 2025-2026
    Ordinary
    51.84% for48.16% against

    Against: promoters 0.00% · other public 59.69%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

  4. APPOINTMENT OF SECRETARIAL AUDITOR
    Ordinary
    51.77% for48.23% against

    Against: promoters 0.00% · other public 59.78%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

  5. TO RATIFY APPOINTMENT OF MR. HARRY PAGHDAR AS MANAGING DIRECTOR AND APPROVAL OF REMUNERATION UNDER SECTION 196 AND 197 READ WITH SCHEDULE V OF THE COMPANIES ACT, 2013
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    51.34% for48.66% against

    Against: promoters 0.00% · other public 60.31%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

  6. TO RATIFY APPOINTMENT OF MR. SURESHKUMAR CHATURBHAI GAJERA AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    51.37% for48.63% against

    Against: promoters 0.00% · other public 60.27%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

  7. Re-appointment of Mr. Parshotam Lakhabhai Vasoya (DIN: 09229252) as an Independent Director of the Company
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    51.37% for48.63% against

    Against: promoters 0.00% · other public 60.27%

    Turnout: all 100.00% · promoters 100.00% · other public 100.00%

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

Annual general meeting, 28 Sep 2024, 4 resolutions

Present: 6 promoters and 40 others.The company's voting result (opens in a new tab)

  1. “RESOLVED THAT the audited financial statement of the Company for the financial year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon, as circulated to the members, be and are hereby considered and adopted.”MoreLess
    Ordinary
    69.54% for30.46% against

    Against: promoters 0.00% · institutions 0.00% · other public 42.81%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. “RESOLVED THAT in accordance with the provisions of Section 152 and other applicable provisions of the Companies Act, 2013, MR. Amit Vallabhbhai Gadhiya (DIN: 06604671), Director who retires by rotation at this meeting be and is hereby appointed as a Director of the Company.”MoreLess
    Ordinary
    66.66% for33.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 46.87%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  3. “RESOLVED THAT an Interim Dividend of 1.00 % per equity share of face value of Re.1.00/- each absorbing Rs. 24,99,990/- (Twenty-Four lacs Ninety-Nine Thousand Nine Hundred) for the financial year ended March 31, 2024, be and is hereby noted and confirmed as the Interim Dividend for the Financial Year 2023-24.MoreLess
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  4. “RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions, if any, of the Companies Act, 2013, the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and such other permissions as may be necessary, the payment of the total remuneration of Rs. 33,000/- plus reimbursement of out-of-pocket expenses at actuals plus applicable taxes payable to M/s. Mitesh Suvagiya & Co., Cost Accountants, who were appointed as “Cost Auditor” to conduct the audit of Cost Records maintained by the Company for the Financial Year ending March 31, 2025, be and is hereby ratified and approved.”MoreLess
    Special
    65.00% for35.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 49.74%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

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

Extraordinary general meeting, 7 Feb 2024, 2 resolutions

Present: 6 promoters and 22 others.The company's voting result (opens in a new tab)

  1. Increased Authorized share capital and alteration of capital clause of the memorandum of Association of the company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 33.39% · promoters 99.98% · institutions 0.00% · other public 4.79%

  2. Issue of Bonus share
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 33.39% · promoters 99.98% · institutions 0.00% · other public 4.79%

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

Annual general meeting, 29 Sep 2023, 7 resolutions

Present: 6 promoters and 30 others.The company's voting result (opens in a new tab)

  1. “RESOLVED THAT the audited financial statement of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon, as circulated to the members, be and are hereby considered and adoptedMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

  2. RESOLVED THAT in accordance with the provisions of Section 152 and other applicable provisions of the Companies Act, 2013, Mrs. Ilaben Dineshbhai Paghdar (DIN: 07591339), Director who retires by rotation at this meeting be and is hereby appointed as a Director of the CompanyMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

  3. Approval of Payment to Cost Auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

  4. Re-appointment of Mr. Amit Vallabhbhai Gadhiya (DIN: 06604671) as Managing director and approval of remuneration under section 196 and 197 read with schedule V of the companies act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

  5. Re-appointment of Mr. Harikrushna Shamjibhai Chauhan (DIN: 07710106) as chairman cum whole time director and approval of remuneration under section 196 and 197 read with schedule v of the companies act, 2013MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

  6. Approval for waiver of excess remuneration paid to Mrs. Ilaben Dineshbhai Paghdar, (din: 07591339): director of the company under section 197 (10) read with schedule v of the companies act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

  7. Approval of Remuneration of Mrs. Ilaben Dineshbhai Paghdar, (din: 07591339): director of the company under section and 197, 198 read with schedule V
    Special
    100.00% for0.00% against

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

    Turnout: all 71.72% · promoters 99.45% · institutions 0.00% · other public 52.23%

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 2023, 2 resolutions

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

  1. TO CONSIDER AND TAKE APPROVAL FROM MEMBERS FOR SUB-DIVISION/SPLIT OF EVERY 1 (ONE) EQUITY SHARE OF FACE VALUE OF RS. 10/- (RUPEES TEN ONLY) EACH INTO 10 (TEN) EQUITY SHARES OF FACE VALUE OF RE. 1/- (RUPEE ONE ONLY) EACHMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.88% · promoters 90.62% · institutions 0.00% · other public 59.93%

  2. TO CONSIDER AND TAKE APPROVAL FROM MEMBERS FOR ALTERATION OF THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.88% · promoters 90.62% · institutions 0.00% · other public 59.93%

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

Annual general meeting, 29 Sep 2022, 6 resolutions

Present: 8 promoters and 22 others.The company's voting result (opens in a new tab)

  1. To Consider and adopt the financial Statement of the Company for the financial year ended March 31, 2022 and reports of Board of Directors and Auditor thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 98.96% · institutions 0.00% · other public 69.61%

  2. To appoint Mr. HARIKRUSHNA SHAMJIBHAI CHAUHAN (DIN: 07710106), Director of the Company, 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 84.46% · promoters 98.96% · institutions 0.00% · other public 69.61%

  3. Approval for Payment of Remuneration to Cost Auditors for Financial Year 2022-2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 98.96% · institutions 0.00% · other public 69.61%

  4. Re-appointment of Mr. Nirala Indubhai Joshi (DIN: 08055148) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 98.96% · institutions 0.00% · other public 69.61%

  5. Re-appointment of Mr. Rohit Bhanjibhai Dobariya (DIN: 08085331) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 98.96% · institutions 0.00% · other public 69.61%

  6. Service of Documents through particular mode under Section 20 of Companies Act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 98.96% · institutions 0.00% · other public 69.61%

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.

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 Dec 2024.
The board is made up as the listing rules require
No
The board has a regular chairperson
Yes
The company has a risk management committee
No
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 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
Rights IssuesOct 202448.75To repay in full certain identified long term unsecured loan obtained by the company3.463.20No
Rights IssuesOct 202448.75To augment the existing and incremental working capital requirement of the company33.0033.00No
Rights IssuesOct 202448.75Corporate expense related to issue transferred to General Corporate purpose0.1911.93No
Rights IssuesOct 202448.75Estimated issue related expense0.190.16No
₹ 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.