The Andhra Sugars CEO, MD, chairman, board of directors and AGM
NSE: ANDHRSUGARBSE: 590062Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹78.99.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,035 Cr1,444th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 8 Aug 2026
- 9.8
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹21 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 8.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.83%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 8 Aug 2026
- 6.5%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹21 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 7.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 8 Aug 2026
- 8.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,86,07941.0% delivered
The Andhra Sugars 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 director and CEOPendyala Narendranath ChowdaryRelated to the promoter
- Company Secretary and Compliance OfficerPVS VISWANADHA KUMAR
10 directors5 independent5 executive
- Pendyala Narendranath Chowdary · Chairperson and managing director and CEOExecutive · joined Jan 1976 · reappointed Jan 2026 · 60 months as independent · 3 listed boards · 2 committee seats, 1 as chair
- Mullapudi NarendranathExecutive · joined Jan 1998 · reappointed Jan 2023 · 60 months as independent · 1 listed board
- Mullapudi ThimmarajaExecutive · joined Aug 1978 · reappointed Jan 2023 · 60 months as independent · 2 listed boards · 3 committee seats
- Pendyala Achuta RamayyaExecutive · joined Aug 1983 · reappointed Jan 2023 · 60 months as independent · 1 listed board · 1 committee seat
- P.S.R.V.K. Ranga RaoExecutive · joined May 1999 · reappointed May 2024 · 60 months as independent · 1 listed board
- P. Venkateswara RaoIndependent · joined Apr 2021 · reappointed Apr 2026 · 60 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- D. Lakshmi ParthasarathyIndependent · joined Sep 2023 · reappointed Sep 2023 · 60 months as independent · 1 listed board · 1 as independent
- G.S.V. PrasadIndependent · joined Sep 2023 · reappointed Sep 2023 · 60 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
- Justice Challa Kodandaram ChowdaryIndependent · joined Sep 2024 · reappointed Sep 2024 · 60 months as independent · 1 listed board · 1 as independent
- K. Rama SeshayyaIndependent · joined Sep 2025 · reappointed Sep 2025 · 60 months as independent · 2 listed boards · 2 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Dr. V.N. Rao, left 25 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 8 Aug 20269 of 10 present5 independent · 69 days in between
- 30 May 20269 of 10 present5 independent
Audit Committee
Chair G.S.V. Prasad
P. Venkateswara Rao, K. Rama Seshayya, Pendyala Achuta Ramayya
- 8 Aug 20264 of 4 present3 independent · 70 days in between
- 29 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Justice Challa Kodandaram Chowdary
D. Lakshmi Parthasarathy, G.S.V. Prasad
- 8 Aug 20263 of 3 present3 independent · 69 days in between
- 30 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair G.S.V. Prasad
Pendyala Narendranath Chowdary, Mullapudi Thimmaraja
- 8 Aug 20262 of 3 present1 independent
Risk Management Committee
Chair P. Venkateswara Rao
Mullapudi Narendranath, Pendyala Achuta Ramayya, P.S.R.V.K. Ranga Rao
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Pendyala Narendranath Chowdary
Mullapudi Thimmaraja, P. Venkateswara Rao
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.
- BRAHMAYYA & COPeer-review certificate valid to Feb 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.
The Andhra Sugars 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.The Andhra Sugars dividend history
Annual general meeting, 24 Sep 2026
56,014 shareholders on the register on 18 Sep 2026; present: 15 promoters and 60 others; votes counted by NEKKANTI S.R.V.V.S. NARAYANA / NEKKANTI S.R.V.V.S. NARAYANA & CO..The company's voting result (opens in a new tab)
- Approval of Audited Accounts for the Financial Year 2025-26, Report on Board of Directors and Auditors thereonOrdinary99.33% for0.67% against
Against: promoters 0.00% · institutions 10.26% · other public 0.00%
Turnout: all 37.43% · promoters 69.23% · institutions 85.47% · other public 0.05%
Declaration of Dividend for the Financial Year 2026-26 .i.e.,( Rs 1.00/-Normal Dividend and Rs.0.20/- Special Dividend Total recommend Dividend is Rs.1.20/-per Equity Share) of Rs.2/- on 13,55,35,350, No.of Equity SharesMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.09% · other public 0.00%
Turnout: all 37.43% · promoters 69.23% · institutions 85.47% · other public 0.05%
- Re-appointment of Sri Mullapudi Thimmaraja (DIN 00016711) who retires by rotation and being eligiable offers him self for reappointment.OrdinaryPromoters have an interest in it93.81% for6.19% against
Against: promoters 0.00% · institutions 94.56% · other public 0.00%
Turnout: all 37.43% · promoters 69.23% · institutions 85.46% · other public 0.05%
- Re-appointment of Sri P.S.R.V.K. Ranga Rao (DIN 00015795) who retires by rotation and being eligiable offers him self for reappointment.OrdinaryPromoters have an interest in it99.51% for0.49% against
Against: promoters 0.00% · institutions 7.45% · other public 0.00%
Turnout: all 37.43% · promoters 69.23% · institutions 85.46% · other public 0.05%
- Fixed the remuneration of Statutory Auditors M/s. Brahmayya & Co., Chartered Accountants, (Firm Regn. No.000513S) Vijayawada as Statutory Auditors at Rs.23,00,000/- for the year 2026-27.Ordinary99.66% for0.34% against
Against: promoters 0.00% · institutions 5.21% · other public 0.00%
Turnout: all 37.43% · promoters 69.23% · institutions 85.46% · other public 0.05%
- Ratified the remuneration of Rs.8,25,000/- to Cost Auditors, M/S. Narasimha Murthy & Co., (Firm Regn. No. 000042) for the FY 2026-27Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.11% · other public 0.00%
Turnout: all 37.43% · promoters 69.23% · institutions 85.46% · other public 0.05%
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 Sep 2025, 10 resolutions
55,610 shareholders on the register on 19 Sep 2025; present: 19 promoters and 32 others; votes counted by NEKKANTI S.R.V.V.S. NARAYANA / NEKKANTI S.R.V.V.S. NARAYANA & CO..The company's voting result (opens in a new tab)
- Approval of Audited Accounts for the Financial Year 2024-25, Report on Board of Directors and Auditors thereonOrdinary99.51% for0.49% against
Against: promoters 0.00% · institutions 0.00% · other public 47.67%
Turnout: all 38.44% · promoters 76.09% · institutions 78.88% · other public 0.79%
- Declaration of Dividend for the Financial Year 2024-25 .i.e., Rs.0.80/- per Equity Share of Rs.2/- on 13,55,35,350, No.of Equity SharesOrdinary99.59% for0.41% against
Against: promoters 0.00% · institutions 0.00% · other public 38.87%
Turnout: all 38.70% · promoters 76.09% · institutions 88.37% · other public 0.82%
- Re-appointment of Sri Mullapudi Narendranath (DIN 00016764) who retires by rotation and being eligiable offers him self for reappointment.OrdinaryPromoters have an interest in it93.08% for6.92% against
Against: promoters 0.00% · institutions 100.00% · other public 53.38%
Turnout: all 36.53% · promoters 71.52% · institutions 88.37% · other public 0.79%
- Re-appointment of Sri P. Achuta Ramayya (DIN 00015065) who retires by rotation and being eligiable offers him self for reappointment.OrdinaryPromoters have an interest in it93.34% for6.66% against
Against: promoters 0.00% · institutions 99.97% · other public 53.38%
Turnout: all 37.93% · promoters 74.49% · institutions 88.37% · other public 0.79%
- Fixed the remuneration of Statutory Auditors M/s. Brahmayya & Co., Chartered Accountants, Vijayawada as Statutory Auditors at Rs.21,00,000/- for the year 2025-26.Ordinary99.24% for0.76% against
Against: promoters 0.00% · institutions 4.51% · other public 47.96%
Turnout: all 38.69% · promoters 76.09% · institutions 88.37% · other public 0.79%
- Ratified the remuneration of Rs.7,50,000/- to Cost Auditors for the FY 2025-26Ordinary99.53% for0.47% against
Against: promoters 0.00% · institutions 0.00% · other public 46.51%
Turnout: all 38.69% · promoters 76.09% · institutions 88.37% · other public 0.79%
- Appointed Sri Nekkanti S.R.V.V.S. Narayana, Proprietor, M/s. Nekkanti S.R.V.V.S. Narayana & Co., as Secretarial Auditor for a period of 5 yearsOrdinary99.53% for0.47% against
Against: promoters 0.00% · institutions 0.00% · other public 46.50%
Turnout: all 38.68% · promoters 76.09% · institutions 88.37% · other public 0.78%
- Appointed Sri P. Narendranath Chowdary (DIN 00015764), as Managing Director for a period of 5 years with effect from 12.01.2026.SpecialPromoters have an interest in it99.17% for0.83% against
Against: promoters 0.00% · institutions 4.51% · other public 53.47%
Turnout: all 38.08% · promoters 74.82% · institutions 88.37% · other public 0.79%
- Appointed Sri P. Venkateswara Rao (DIN 06387165), as Independent Director for second term of 5 years with effect from 25.04.2026.Special94.29% for5.71% against
Against: promoters 0.00% · institutions 86.20% · other public 53.39%
Turnout: all 38.69% · promoters 76.09% · institutions 88.37% · other public 0.79%
- Appointed Sri Kanuri Rama Seshayya (DIN 05162760) as an Independent Director for a period of 5 years with effect from 25.09.2025Special94.29% for5.71% against
Against: promoters 0.00% · institutions 86.20% · other public 53.45%
Turnout: all 38.69% · promoters 76.09% · institutions 88.37% · other public 0.79%
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, 21 Sep 2024, 8 resolutions
Present: 28 promoters and 28 others.The company's voting result (opens in a new tab)
- Adoption of Audited Annual Accounts for the Financial Year 2023-24, Report of Board of Directors and Auditors thereonOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 38.04%
Turnout: all 42.01% · promoters 84.07% · institutions 79.96% · other public 0.39%
- Declaration of Dividend for the Financial Year 2023-24 @50%, i.e., Rs.1/- per Equity Share of Rs.2/- on 13,55,35,390 No. of Equity SharesOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 38.04%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
- Reappointment of Sri Mullapudi Thimmaraja (DIN 00016711) who retires by rotation and being eligible offers him self for reappointmentOrdinaryPromoters have an interest in it93.97% for6.03% against
Against: promoters 0.00% · institutions 96.52% · other public 38.42%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
- Reappointment of Sri P.S.R.V.K Ranga Rao (DIN 00015795) who retires by rotation and being eligible offers him self for reappointmentOrdinaryPromoters have an interest in it94.70% for5.30% against
Against: promoters 0.00% · institutions 84.46% · other public 38.59%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
- Fixing of Remuneration of Rs.21,00,000/- to M/s Brahmayya & Co., Statutory Auditors, for the Financial Year 2024-25Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 39.51%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
- Ratification of remuneration of Rs.7,50,000/- payable to Cost Auditors, M/s Narasimha Murthy & Co., for the Financial Year 2024-25Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 39.52%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
Appointment of Justice Sri Challa Kodandaram Chowdary (DIN 10738398) as an Independent Director of the Comapany for a term of 5 Consecutive Years commencing from the conclusion of 77th Annual General MeetingMoreLess
Special99.82% for0.18% againstAgainst: promoters 0.00% · institutions 0.00% · other public 38.69%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
- Appointment of Dr. V.N. Rao (DIN 00861884) as an Independent Director of the Comapany for a period of one year commencing from the conclusion of 77th Annual General MeetingSpecial94.93% for5.07% against
Against: promoters 0.00% · institutions 80.59% · other public 39.40%
Turnout: all 42.26% · promoters 84.07% · institutions 88.56% · other public 0.39%
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 Sep 2023, 13 resolutions
Present: 28 promoters and 47 others.The company's voting result (opens in a new tab)
- Ordinary Resolution: Adoption of Audited Statement of Profit and Loss, Balance Sheet, Report of Board of Directors and Auditors for the Year ended 31st March, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 41.20% · promoters 81.76% · institutions 72.19% · other public 0.27%
- Ordinary Resolution: Declaration of Dividend Rs.2/- per Equity Share each for the Financial Year 2022-23Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 41.26% · promoters 81.76% · institutions 73.96% · other public 0.27%
- Ordinary Resolution: Re-appointment of Sri Mullapudi Narendranath (DIN: 00016764) as Director who retires by rotationOrdinaryPromoters have an interest in it93.03% for6.97% against
Against: promoters 0.00% · institutions 98.33% · other public 3.61%
Turnout: all 37.16% · promoters 73.06% · institutions 73.96% · other public 0.27%
- Ordinary Resolution: Re-appointment of Sri P.Achuta Ramayya (DIN: 00015065) as Director who retires by rotationOrdinaryPromoters have an interest in it93.48% for6.52% against
Against: promoters 0.00% · institutions 97.84% · other public 3.61%
Turnout: all 39.53% · promoters 78.09% · institutions 73.96% · other public 0.27%
- Ordinary Resolution: To fix their remuneration of Statutory Auditors M/s. Brahmayya & Co., for FY 2023-24Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 2.06%
Turnout: all 41.26% · promoters 81.76% · institutions 73.96% · other public 0.27%
- Ordinary Resolution: Ratification of remuneration of Rs.7, 50,000/- of Cost Auditors for FY 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.57%
Turnout: all 41.23% · promoters 81.76% · institutions 73.96% · other public 0.22%
- Special Resolution: Revision in the Remuneration of Sri Mullapudi Narendranath (DIN: 00016764) Joint Managing Director with effect from 1.1.2023SpecialPromoters have an interest in it99.79% for0.21% against
Against: promoters 0.00% · institutions 0.00% · other public 59.35%
Turnout: all 37.16% · promoters 73.06% · institutions 73.96% · other public 0.27%
- Special Resolution: Revision in remuneration of Sri Mullapudi Thimmaraja (DIN: 00016711) Joint Managing Director with effect from 1.1.2023SpecialPromoters have an interest in it99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 59.97%
Turnout: all 37.49% · promoters 73.75% · institutions 73.96% · other public 0.27%
- Special Resolution: Revision in remuneration of Sri P. Achuta Ramayya (DIN: 00015065) Joint Managing Director with effect from 1.1.2023SpecialPromoters have an interest in it99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 59.99%
Turnout: all 7.55% · promoters 7.81% · institutions 73.96% · other public 0.27%
- Special Resolution: Re-appointment of Sri P.S.R.V.K. Ranga Rao (DIN 00015795) as Executive Director for a period of 5 years w.e.f 1.5.2024SpecialPromoters have an interest in it94.36% for5.64% against
Against: promoters 0.00% · institutions 83.20% · other public 3.61%
Turnout: all 38.88% · promoters 76.70% · institutions 73.96% · other public 0.27%
- Special Resolution: Appointment of Smt. D. Lakshmi Parthasarathy (DIN 02425993) as an Independent Director for a period of 5 yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.97%
Turnout: all 41.26% · promoters 81.76% · institutions 73.96% · other public 0.27%
- Special Resolution: Appointment of Sri Gottipati Sree Venkateswara Prasad (DIN 08797795) as an Independent Director for a period of 5 yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.97%
Turnout: all 41.26% · promoters 81.76% · institutions 73.96% · other public 0.27%
Special Resolution: Ratification of continuation of Independent Director Dr. D. Manjulata (DIN 02788338) who has completed the age of 75 years from 9.4.2023 to till the conclusion of AGM in the year 2024.MoreLess
Special99.61% for0.39% againstAgainst: promoters 0.00% · institutions 5.14% · other public 20.32%
Turnout: all 41.26% · promoters 81.76% · institutions 73.96% · other public 0.27%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 17 Dec 2022, 3 resolutions
Present: 29 promoters and 50 others.The company's voting result (opens in a new tab)
- Re-appointment of Sri Mullapudi Narendranath (DIN No.00016764) as Joint Managing Director (Whole-time-Director) with effect from 01.01.2023SpecialPromoters have an interest in it92.70% for7.30% against
Against: promoters 0.00% · institutions 100.00% · other public 8.05%
Turnout: all 38.70% · promoters 75.27% · institutions 24.98% · other public 1.36%
- Re-appointment of Sri Mullapudi Thimmaraja (DIN No.00016711) as Joint Managing Director (Whole-time-Director) with effect from 01.01.2023.SpecialPromoters have an interest in it92.76% for7.24% against
Against: promoters 0.00% · institutions 100.00% · other public 8.05%
Turnout: all 39.02% · promoters 75.96% · institutions 24.98% · other public 1.36%
- Re-appointment of Sri P. Achuta Ramayya (DIN No.00015065) as Joint Managing Director (Whole-time-Director) with effect from 01.01.2023.SpecialPromoters have an interest in it93.12% for6.88% against
Against: promoters 0.00% · institutions 100.00% · other public 8.05%
Turnout: all 41.06% · promoters 80.30% · institutions 24.98% · other public 1.36%
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, 26 Sep 2022, 9 resolutions
Present: 15 promoters and 55 others.The company's voting result (opens in a new tab)
- Adoption of Audited Statement of Profit and Loss, Balance Sheet, Report of Board of Directors and Auditors for the Year ended 31st March, 2022Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.83%
Turnout: all 35.52% · promoters 69.94% · institutions 0.00% · other public 5.07%
- Declaration of Dividend for the Financial Year 2021-22Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Re-appointment of Sri Mullapudi Thimmaraja (DIN: 00016711) as Director who retires by rotationOrdinaryPromoters have an interest in it91.91% for8.09% against
Against: promoters 0.00% · institutions 0.00% · other public 96.88%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Re-appointment of Sri P.S.R.V.K. Ranga Rao (DIN: 00015795) as Director who retires by rotationOrdinaryPromoters have an interest in it92.26% for7.74% against
Against: promoters 0.00% · institutions 0.00% · other public 92.67%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Appointment of Statutory Auditors and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Ratification of remuneration of Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Re-appointment of Sri Mullapudi Narendranath (DIN: 00016764) as Joint Managing Director for a period of 5 years with effect from 1.1.2023OrdinaryPromoters have an interest in it93.41% for6.59% against
Against: promoters 0.00% · institutions 0.00% · other public 78.99%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Re-appointment of Sri Mullapudi Thimmaraja (DIN: 00016711) as Joint Managing Director for a period of 5 years with effect from 1.1.2023OrdinaryPromoters have an interest in it93.09% for6.91% against
Against: promoters 0.00% · institutions 0.00% · other public 82.75%
Turnout: all 35.82% · promoters 69.94% · institutions 0.00% · other public 5.64%
- Re-appointment of Sri P. Achuta Ramayya (DIN: 00015065) as Joint Managing Director for a period of 5 years with effect from 1.1.2023OrdinaryPromoters have an interest in it92.88% for7.12% against
Against: promoters 0.00% · institutions 0.00% · other public 83.66%
Turnout: all 35.15% · promoters 68.50% · institutions 0.00% · other public 5.64%
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 2021, 10 resolutions
Present: 21 promoters and 52 others.The company's voting result (opens in a new tab)
- Adoption of Annual Audited Accounts for the Financial Year 2020-21Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 37.34% · promoters 76.10% · institutions 83.91% · other public 0.47%
- Declaration of Dividend on Equity Shares for the year 2020-21Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 37.41% · promoters 76.10% · institutions 88.63% · other public 0.47%
- Re-appointment of Sri Mullapudi Narendranath (DIN 00016764) as Director who retires by rotationOrdinaryPromoters have an interest in it96.79% for3.21% against
Against: promoters 0.00% · institutions 80.84% · other public 8.22%
Turnout: all 37.40% · promoters 76.10% · institutions 88.63% · other public 0.45%
- Re-appointment of Sri P. Achuta Ramayya, (DIN 00015065) as Director who retires by rotationOrdinaryPromoters have an interest in it96.07% for3.93% against
Against: promoters 0.00% · institutions 99.12% · other public 8.22%
Turnout: all 37.40% · promoters 76.10% · institutions 88.63% · other public 0.45%
- To fix the remuneration of Statutory Auditors M/s. K.S. Rao & Co., Chartered AccountantsOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 8.22%
Turnout: all 37.40% · promoters 76.10% · institutions 88.63% · other public 0.45%
- Ratification of remuneration of Cost Auditors for the year 2021-22Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 8.22%
Turnout: all 37.40% · promoters 76.10% · institutions 88.63% · other public 0.45%
- Appointment of Sri P. Venkateswara Rao (DIN 06387165) as Independent Director for a period of 5 yearsSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 8.22%
Turnout: all 37.40% · promoters 76.10% · institutions 88.63% · other public 0.45%
- Splitting of Face Value of One Equity Share of Rs.10/- each into Five Equity Shares of Rs.2/- each.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 7.71%
Turnout: all 37.41% · promoters 76.10% · institutions 88.63% · other public 0.47%
- Alteration of Clause V of Memorandum of Association with regard to Face Value of Equity SharesSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 7.75%
Turnout: all 37.41% · promoters 76.10% · institutions 88.63% · other public 0.47%
- Alteration of Article 4(a) of Articles of Association with regard to Face Value of Equity SharesSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 7.71%
Turnout: all 37.41% · promoters 76.10% · institutions 88.63% · other public 0.47%
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, 26 Sep 2020, 8 resolutions
Present: 22 promoters and 47 others.The company's voting result (opens in a new tab)
- Adoption of Audited Financial Statements for the year ended 31st March, 2020Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 32.03% · promoters 66.48% · institutions 0.95% · other public 1.52%
- To confirm Interim Dividend paid as Final Dividend for the year 2019-2020.0Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 32.03% · promoters 66.48% · institutions 0.95% · other public 1.52%
- To appoint Director in place of Sri Mullapudi Thimmaraja (DIN 00016711) who retires by rotation and beingneligible offers himself for re-appointment.OrdinaryPromoters have an interest in it98.16% for1.84% against
Against: promoters 0.00% · institutions 0.00% · other public 86.66%
Turnout: all 32.03% · promoters 66.48% · institutions 0.95% · other public 1.52%
- To appoint Director in place of Sri P.S.R.V.K. Ranga Rao (DIN 00015795) who retires by rotation and beingneligible offers himself for re-appointment.OrdinaryPromoters have an interest in it98.01% for1.99% against
Against: promoters 0.00% · institutions 0.00% · other public 86.66%
Turnout: all 29.65% · promoters 61.43% · institutions 0.95% · other public 1.52%
To fix remuneration of Statutory Auditors M/s K.S. Rao & Co., (Firm Regn. No.000513S) CharterednAccountants, Hyderabad, for the Financial Year 2020-21. Board recommends Statutory Auditors remunerationnof Rs. 17,00,000/- (Rupees Seventeen Lakhs only) plus reimbursement of travel and out of pocket expensesMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 32.03% · promoters 66.48% · institutions 0.95% · other public 1.52%
- Ratification of remuneration of Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 32.03% · promoters 66.48% · institutions 0.95% · other public 1.52%
- Appointment of Sri P. Narendranath Chowdary as Managing DirectorSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 29.53% · promoters 61.17% · institutions 0.95% · other public 1.52%
- Alteration of Articles of Association with regard to increase in Sitting FeesSpecial98.16% for1.84% against
Against: promoters 0.00% · institutions 0.00% · other public 86.73%
Turnout: all 32.03% · promoters 66.48% · institutions 0.95% · other public 1.52%
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 25 Sep 2023, 1 fund house
- Ordinary Resolution: Adoption of Audited Statement of Profit and Loss, Balance Sheet, Report of Board of Directors and Auditors for the Year ended 31st March, 2023.1 for0 against
- Ordinary Resolution: Declaration of Dividend Rs.2/- per Equity Share each for the Financial Year 2022-231 for0 against
- Ordinary Resolution: Re-appointment of Sri Mullapudi Narendranath (DIN: 00016764) as Director who retires by rotation1 for0 against
- Ordinary Resolution: Re-appointment of Sri P.Achuta Ramayya (DIN: 00015065) as Director who retires by rotation1 for0 against
- Ordinary Resolution: To fix their remuneration of Statutory Auditors M/s. Brahmayya & Co., for FY 2023-241 for0 against
- Ordinary Resolution: Ratification of remuneration of Rs.7, 50,000/- of Cost Auditors for FY 2023-241 for0 against
- Special Resolution: Revision in the Remuneration of Sri Mullapudi Narendranath (DIN: 00016764) Joint Managing Director with effect from 1.1.20231 for0 against
- Special Resolution: Revision in remuneration of Sri Mullapudi Thimmaraja (DIN: 00016711) Joint Managing Director with effect from 1.1.20231 for0 against
- Special Resolution: Revision in remuneration of Sri P. Achuta Ramayya (DIN: 00015065) Joint Managing Director with effect from 1.1.20231 for0 against
- Special Resolution: Re-appointment of Sri P.S.R.V.K. Ranga Rao (DIN 00015795) as Executive Director for a period of 5 years w.e.f 1.5.20241 for0 against
- Special Resolution: Appointment of Smt. D. Lakshmi Parthasarathy (DIN 02425993) as an Independent Director for a period of 5 years1 for0 against
- Special Resolution: Appointment of Sri Gottipati Sree Venkateswara Prasad (DIN 08797795) as an Independent Director for a period of 5 years1 for0 against
Special Resolution: Ratification of continuation of Independent Director Dr. D. Manjulata (DIN 02788338) who has completed the age of 75 years from 9.4.2023 to till the conclusion of AGM in the year 2024.MoreLess
1 for0 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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.