The Anup Engineering logo

The Anup Engineering CEO, MD, chairman, board of directors and AGM

NSE: ANUPBSE: 542460Industrial ManufacturingSmall Cap

Last close ₹1,337.50down ₹45.50 (3.29%)BSE ₹1,336.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,383.00.

52-week range of traded prices to 23 Oct 2026
₹1,321.00Low, 23 Oct 2026₹2,479.90High, 14 Nov 2025
Market cap
₹2,679 Cr871st largest listed
P/E
31.6
P/B
3.9
Dividend yield
0.90%
ROE
13.0%
ROCE
14.3%
Debt to equity
0.16
Volume, NSE
24,53244.7% delivered

The Anup Engineering 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

  • ChairpersonPUNIT SANJAY LALBHAIRelated to the promoter
  • Managing director and CEOREGINALDO DSOUZA
  • Company Secretary and Compliance OfficerLay Desai

8 directors4 independent1 executive3 non-executive

  • PUNIT SANJAY LALBHAI · ChairpersonNon-executive · joined Oct 2017 · reappointed Sep 2018 · 5 listed boards · 1 as independent · 2 committee seats, 1 as chair
  • KULIN SANJAY LALBHAINon-executive · joined Nov 2025 · reappointed Feb 2026 · 6 listed boards · 2 as independent · 4 committee seats, 2 as chair
  • REGINALDO DSOUZA · Managing director and CEOExecutive · joined Jul 2024 · reappointed Jul 2024 · 1 listed board
  • SAMVEG ARVINDBHAI LALBHAINon-executive · joined Nov 2018 · reappointed Aug 2019 · 4 listed boards
  • GANPATRAJ LALCHAND CHOWDHARYIndependent · joined Nov 2018 · reappointed Nov 2023 · 92 months as independent · 3 listed boards · 1 as independent · 4 committee seats
  • REENA PRAVIN BHAGWATIIndependent · joined Nov 2018 · reappointed Nov 2023 · 92 months as independent · 4 listed boards · 3 as independent · 6 committee seats
  • DHINAL ASHVINBHAI SHAHIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 3 listed boards · 3 as independent · 7 committee seats, 4 as chair
  • GOKUL MRUGESH JAYKRISHNAIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 3 listed boards · 2 as independent · 3 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
  • SANJAYBHAI SHRENIKBHAI LALBHAI, left 10 Nov 2025: Others

Committees and meetings

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

  • Board

    • 28 May 20267 of 8 present4 independent · 113 days in between
    • 3 Feb 20267 of 8 present4 independent

  • Audit Committee

    Chair DHINAL ASHVINBHAI SHAH

    GANPATRAJ LALCHAND CHOWDHARY, REENA PRAVIN BHAGWATI, GOKUL MRUGESH JAYKRISHNA

    • 28 May 20264 of 4 present4 independent · 113 days in between
    • 3 Feb 20264 of 4 present4 independent

  • Nomination and remuneration committee

    Chair REENA PRAVIN BHAGWATI

    GANPATRAJ LALCHAND CHOWDHARY, GOKUL MRUGESH JAYKRISHNA, PUNIT SANJAY LALBHAI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair PUNIT SANJAY LALBHAI

    GANPATRAJ LALCHAND CHOWDHARY, DHINAL ASHVINBHAI SHAH, GOKUL MRUGESH JAYKRISHNA

    • 28 May 20264 of 4 present3 independent · 113 days in between
    • 3 Feb 20264 of 4 present3 independent

  • Risk Management Committee

    Chair PUNIT SANJAY LALBHAI

    REENA PRAVIN BHAGWATI, REGINALDO DSOUZA

    • 28 May 20263 of 3 present1 independent · 198 days in between
    • 10 Nov 20253 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair PUNIT SANJAY LALBHAI

    GANPATRAJ LALCHAND CHOWDHARY, DHINAL ASHVINBHAI SHAH, GOKUL MRUGESH JAYKRISHNA

    • 28 May 20264 of 4 present3 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.

  • Sorab S. Engineer & Co.Peer-review certificate valid to Dec 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 Anup Engineering 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 Anup Engineering dividend history

Annual general meeting, 25 Aug 2026

1,00,908 shareholders on the register on 18 Aug 2026; present: 8 promoters and 73 others; votes counted by CS ANKITA PATEL / ALAP & Co LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 64.03% · promoters 99.91% · institutions 86.73% · other public 15.67%

  2. To declare dividend on Equity Shares
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 64.03% · promoters 99.91% · institutions 86.73% · other public 15.67%

  3. to appoint a director in place of Punit S. Lalbhai (holding DIN 05125502), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.05% · other public 0.08%

    Turnout: all 64.03% · promoters 99.91% · institutions 86.73% · other public 15.67%

  4. To approve the ratification of remuneration of Cost Auditor of the Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 64.03% · promoters 99.91% · institutions 86.73% · other public 15.67%

  5. to consider payment of remuneration to Non-Executive Directors.
    Special
    99.99% for0.01% against

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

    Turnout: all 64.03% · promoters 99.91% · institutions 86.73% · other public 15.67%

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

Postal ballot, 11 Mar 2026, 3 resolutions

1,00,637 shareholders on the register on 6 Feb 2026; votes counted by Ankita Patel / ALAP & Co. LLP.The company's voting result (opens in a new tab)

  1. Special Resolution for amendment of ‘Anup - Employee Stock Option Scheme 2019’ for administration of the scheme through an irrevocable employee welfare trust and amendment in Exercise Price Clause of the existing SchemeMoreLess
    Special
    99.99% for0.01% against

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

    Turnout: all 64.42% · promoters 99.75% · institutions 85.24% · other public 15.88%

  2. Special Resolution to approve secondary acquisition of shares through Trust route for the implementation of ‘Anup - Employee Stock Option Scheme 2019’
    Special
    99.99% for0.01% against

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

    Turnout: all 64.42% · promoters 99.75% · institutions 85.24% · other public 15.88%

  3. Special Resolution to approve provision of money by the Company to acquire its own shares by the trust under the ‘‘Anup - Employee Stock Option Scheme 2019’
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.07%

    Turnout: all 64.42% · promoters 99.75% · institutions 85.24% · other public 15.88%

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, 6 Feb 2026, 1 resolution

1,00,660 shareholders on the register on 2 Jan 2026; votes counted by CS ANKITA PATEL / ALAP & Co LLP.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Kulin S. Lalbhai (DIN: 05206878) as Non-Executive Director of the Company
    OrdinaryPromoters have an interest in it
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.45% · other public 0.04%

    Turnout: all 63.59% · promoters 99.88% · institutions 85.31% · other public 14.13%

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

Annual general meeting, 20 Aug 2025, 7 resolutions

1,01,247 shareholders on the register on 13 Aug 2025; present: 2 promoters and 93 others; votes counted by CS ANKITA PATEL / ALAP & Co LLP.The company's voting result (opens in a new tab)

  1. Ordinary Resolution to consider and adopt (a) the audited standalone nancial statement of the Company for the nancial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated nancial statement of the Company for the nancial year ended March 31, 2025 and the report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

  2. Ordinary Resolution to declare a nal dividend on equity shares for the nancial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

  3. Ordinary Resolution to appoint Mr. Sanjay Lalbhai (DIN: 00008329), who retires by rotation as a Director of the Company
    Ordinary
    94.57% for5.43% against

    Against: promoters 0.00% · institutions 25.14% · other public 0.01%

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

  4. Ordinary Resolution to appoint M/s. ALAP & Co. LLP, Practising Company Secretaries (Firm Registration No. L2023GJ013900), as Secretarial Auditors of the Company for a period of five years
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

  5. Special Resolution to approve the enhancement of borrowing limits of the company under section 180(1)(c) of the Companies Act, 2013
    Special
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 1.13% · other public 0.01%

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

  6. Special Resolution to approve the mortgage, sell, lease or dispose off the assets of the company under section 180(1)(a) of the Companies Act, 2013.
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 1.13% · other public 0.02%

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

  7. Ordinary Resolution to approve the ratification of remuneration to Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.07% · promoters 99.99% · institutions 66.84% · other public 19.71%

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

Annual general meeting, 3 Aug 2024, 7 resolutions

Present: 2 promoters and 78 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements for the financial year ended 31st March 2024 and Reports of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 58.46% · promoters 99.94% · institutions 68.86% · other public 19.00%

  2. Declaration of dividend @ 200% i.e. Rs. 20.00 per share (final dividend of 15/- per equity share and one-time special dividend of 5/- per equity share) on fully paid up Equity Shares of Rs. 10/- each for the year 2023-24.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 58.45% · promoters 99.94% · institutions 68.86% · other public 19.00%

  3. Re-appointment of Mr. Samvegbhai Lalbhai (holding DIN 00009278), as a Director of the Company, liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 2.45% · other public 0.01%

    Turnout: all 58.45% · promoters 99.94% · institutions 68.86% · other public 19.00%

  4. Ratification of the remuneration of M/s. Maulin Shah & Associates, Cost Accountants for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 58.45% · promoters 99.94% · institutions 68.86% · other public 19.00%

  5. Appointment of Mr. Dhinal Shah (DIN: 00022042) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

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

    Turnout: all 58.45% · promoters 99.94% · institutions 68.86% · other public 19.00%

  6. Appointment of Mr. Gokul Jaykrishna (DIN: 00671652) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

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

    Turnout: all 58.45% · promoters 99.94% · institutions 68.86% · other public 19.00%

  7. Appointment of Mr. Reginaldo Dsouza (DIN: 08590850) as Managing Director of the Company.
    Special
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 1.59% · other public 0.01%

    Turnout: all 58.45% · promoters 99.94% · institutions 68.86% · other public 19.00%

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, 12 Apr 2024, 1 resolution

Present: 3 promoters and 55 others.The company's voting result (opens in a new tab)

  1. TO ISSUE BONUS EQUITY SHARES
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 53.86% · promoters 99.99% · institutions 69.03% · other public 6.92%

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, 5 Aug 2023, 11 resolutions

Present: 3 promoters and 74 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements including Consolidated Financial Statements for the financial year ended 31st March 2023 and Reports of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  2. Declaration of dividend @ 150% i.e. Rs. 15.00 per share on fully paid up Equity Shares of Rs. 10/- each for the year 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  3. Re-appointment of Mr. Punit S. Lalbhai (holding DIN 05125502), as a Director of the Company, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.25% · other public 0.00%

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  4. Re-appointment of M/s. Sorab S. Engineer & Co, Chartered Accountants Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  5. Ratification of the remuneration of M/s. Maulin Shah & Associates, Cost Accountants for the financial year ending 31st March 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  6. Re-appointment of Mr. Arpit Patel as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  7. Re-appointment of Mr. Ganpatraj Chowdhary as an Independent Director.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.25% · other public 0.00%

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  8. Re-appointment of Ms. Reena Bhagwati as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  9. Resolution approval of payment of commission to the Non-Executive Directors of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  10. Approval for enhancement of borrowing limits of the company under section 180(1)(c) of the Companies Act, 2013.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.25% · other public 0.00%

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

  11. Approval for mortgage, sell, lease or dispose off the assets of the company under section 180(1)(a) of the Companies Act, 2013.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.25% · other public 0.00%

    Turnout: all 60.95% · promoters 99.82% · institutions 61.00% · other public 23.19%

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, 8 Aug 2022, 4 resolutions

Present: 2 promoters and 63 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements Including Consolidated Financial Statements for the financial year ended 31st March 2022 and Reports of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.10% · promoters 99.86% · institutions 22.78% · other public 9.33%

  2. Declaration of dividend @ 80% i.e. Rs. 8 per share on fully paid up Equity Shares of Rs.10 each for the year 2021-22
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.10% · promoters 99.86% · institutions 22.78% · other public 9.34%

  3. Re-appointment of Mr. Sanjay S. Lalbhai as Director of the Company, liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 50.10% · promoters 99.86% · institutions 22.78% · other public 9.33%

  4. Ratification of the remuneration of M/s. Maulin Shah & Associates, Cost Accountants for the Financial Year ending 31st March, 2023.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 50.10% · promoters 99.86% · institutions 22.78% · other public 9.33%

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 Aug 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

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

  • To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereonMoreLess
    1 for0 against
  • To declare dividend on Equity Shares
    1 for0 against
  • to appoint a director in place of Punit S. Lalbhai (holding DIN 05125502), who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • To approve the ratification of remuneration of Cost Auditor of the Company
    1 for0 against
1 proposal not matched to one resolution
  • Payment of commission to the Director(s) of the Company who is/are neither in the Whole time employment nor Managing Director(s), in accordance with and upto the limits not exceeding 1% of the Net Profits of the Company as laid down under the provisions of Section 197 of the Act, computed in the manner specified in the Act, and be paid to the Directors of the Company or some or any of them (other than the Managing Director and Whole time Director(s)), for a period of 5 years from April 1, 2026 to March 31, 2031 in such manner and upto such amount within the above limit as the Board and/or Committee of the Board may, from time to time, determine based on objective performance criteria including but not limited to attendance at meetings, committee memberships/ chairmanships and overall strategic contribution to the Company.MoreLess
    1 for0 against

Mutual fund votes, meeting of 11 Mar 2026, 7 fund houses

  • Special Resolution for amendment of ‘Anup - Employee Stock Option Scheme 2019’ for administration of the scheme through an irrevocable employee welfare trust and amendment in Exercise Price Clause of the existing SchemeMoreLess
    7 for0 against
  • Special Resolution to approve secondary acquisition of shares through Trust route for the implementation of ‘Anup - Employee Stock Option Scheme 2019’
    7 for0 against
  • Special Resolution to approve provision of money by the Company to acquire its own shares by the trust under the ‘‘Anup - Employee Stock Option Scheme 2019’
    7 for0 against
6 earlier meetings

Mutual fund votes, meeting of 6 Feb 2026, 7 fund houses

  • Appointment of Mr. Kulin S. Lalbhai (DIN: 05206878) as Non-Executive Director of the Company
    7 for0 against

Mutual fund votes, meeting of 20 Aug 2025, 8 fund houses

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

  • Ordinary Resolution to consider and adopt (a) the audited standalone nancial statement of the Company for the nancial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated nancial statement of the Company for the nancial year ended March 31, 2025 and the report of Auditors thereonMoreLess
    7 for0 against
  • Ordinary Resolution to declare a nal dividend on equity shares for the nancial year ended March 31, 2025
    8 for0 against
  • Ordinary Resolution to appoint Mr. Sanjay Lalbhai (DIN: 00008329), who retires by rotation as a Director of the Company
    Against Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund
    • Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted because Sanjay Lalbhai has failed to attend at least 75 percent of board meetings in the most recent fiscal year, without a satisfactory explanation.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    6 for2 against
  • Ordinary Resolution to appoint M/s. ALAP & Co. LLP, Practising Company Secretaries (Firm Registration No. L2023GJ013900), as Secretarial Auditors of the Company for a period of five years
    8 for0 against
  • Special Resolution to approve the enhancement of borrowing limits of the company under section 180(1)(c) of the Companies Act, 2013
    1 for0 against
  • Special Resolution to approve the mortgage, sell, lease or dispose off the assets of the company under section 180(1)(a) of the Companies Act, 2013.
    8 for0 against
  • Ordinary Resolution to approve the ratification of remuneration to Cost Auditor of the Company
    8 for0 against
2 proposals not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • To borrow any sum or sum of money, from time to time from any one or more persons, Bank/s, Firms, bodies corporate, foreign lender/s or Financial institutions from any other source in India or outside India whomsoever with or without security as the Board of Directors may think fit notwithstanding that the monies already borrowed and the monies to be borrowed (apart from temporary loans obtained from Company’s bankers in the ordinary course of business) may exceed the paid-up capital, free reserves and securities premium of the company, provided that the total principal amount upto which such monies may be raised or borrowed by the Board of Directors shall not exceed the aggregate of the paid up capital, free reserves and securities premium of the company by more than Rs 1,500 Crores at any point of time.MoreLess
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    6 for1 against

Mutual fund votes, meeting of 3 Aug 2024, 1 fund house

  • Adoption of Audited Financial Statements for the financial year ended 31st March 2024 and Reports of Directors and Auditors thereon
    1 for0 against
  • Declaration of dividend @ 200% i.e. Rs. 20.00 per share (final dividend of 15/- per equity share and one-time special dividend of 5/- per equity share) on fully paid up Equity Shares of Rs. 10/- each for the year 2023-24.MoreLess
    1 for0 against
  • Re-appointment of Mr. Samvegbhai Lalbhai (holding DIN 00009278), as a Director of the Company, liable to retire by rotation.
    1 for0 against
  • Ratification of the remuneration of M/s. Maulin Shah & Associates, Cost Accountants for the financial year 2024-25.
    1 for0 against
  • Appointment of Mr. Dhinal Shah (DIN: 00022042) as an Independent Director of the Company.
    1 for0 against
  • Appointment of Mr. Gokul Jaykrishna (DIN: 00671652) as an Independent Director of the Company.
    1 for0 against
  • Appointment of Mr. Reginaldo Dsouza (DIN: 08590850) as Managing Director of the Company.
    1 for0 against

Mutual fund votes, meeting of 12 Apr 2024, 1 fund house

  • TO ISSUE BONUS EQUITY SHARES
    1 for0 against

Mutual fund votes, meeting of 5 Aug 2023, 1 fund house

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

  • Adoption of Audited Financial Statements including Consolidated Financial Statements for the financial year ended 31st March 2023 and Reports of Directors and Auditors thereon.
    1 for0 against
  • Declaration of dividend @ 150% i.e. Rs. 15.00 per share on fully paid up Equity Shares of Rs. 10/- each for the year 2022-23
    1 for0 against
  • Re-appointment of Mr. Punit S. Lalbhai (holding DIN 05125502), as a Director of the Company, liable to retire by rotation
    1 for0 against
  • Re-appointment of M/s. Sorab S. Engineer & Co, Chartered Accountants Statutory Auditors of the Company.
    1 for0 against
  • Ratification of the remuneration of M/s. Maulin Shah & Associates, Cost Accountants for the financial year ending 31st March 2024.
    1 for0 against
  • Re-appointment of Mr. Arpit Patel as an Independent Director.
    1 for0 against
  • Re-appointment of Mr. Ganpatraj Chowdhary as an Independent Director.
    1 for0 against
  • Re-appointment of Ms. Reena Bhagwati as an Independent Director.
    1 for0 against
  • Resolution approval of payment of commission to the Non-Executive Directors of the Company.
    1 for0 against
2 proposals not matched to one resolution
  • To borrow any sum or sum of money, from time to time from any one or more persons, Bank/s, Firms, bodies corporate, foreign lender/s or Financial institutions from any other source in India or outside India whomsoever on such terms and conditions and with or without security as the Board of Directors may think fit notwithstanding that the monies already borrowed and the monies to be borrowed (apart from temporary loans obtained from Company’s bankers in the ordinary course of business) may exceed the paid-up capital, free reserves and securities premium of the company, provided that the total principal amount upto which such monies may be raised or borrowed by the Board of Directors shall not exceed the aggregate of the paid up capital, free reserves and securities premium of the company by more than Rs.800.00 Crores at any point of time.MoreLess
    1 for0 against
  • To create such charges, mortgages and hypothecations in addition to the existing charges, mortgages and hypothecations created by the Company, on such movable and immovable properties, both present and future, and in such manner as the Board may deem fit, together with power to take over the substantial assets of the Company in certain events in favour of banks/financial institutions, other investing agencies and trustees for the holders of debentures/bonds/other instruments to secure rupee/foreign currency loans and/or the issue of debentures whether partly/fully convertible or nonconvertible and/or (hereinafter collectively referred to as Loans) provided that the total amount of Loans together with interest thereon, additional interest, compound interest, liquidated damages, commitment charges, on pre-payment or on redemption, costs, charges, expenses and all other monies payable by the Company in respect of the said Loans, shall not, at any time exceed Rs.800 Crores or the aggregate of the paid up capital and free reserves of the Company.MoreLess
    1 for0 against

Mutual fund votes, meeting of 8 Aug 2022, 1 fund house

  • Adoption of Audited Financial Statements Including Consolidated Financial Statements for the financial year ended 31st March 2022 and Reports of Directors and Auditors thereon.
    1 for0 against
  • Declaration of dividend @ 80% i.e. Rs. 8 per share on fully paid up Equity Shares of Rs.10 each for the year 2021-22
    1 for0 against
  • Re-appointment of Mr. Sanjay S. Lalbhai as Director of the Company, liable to retire by rotation.
    1 for0 against
  • Ratification of the remuneration of M/s. Maulin Shah & Associates, Cost Accountants for the Financial Year ending 31st March, 2023.
    1 for0 against

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeGujarat Goods and Service Tax(GST) DepartmentSince 19 Feb 2025
    No change in status
    At the filing before: Company has filed an appeal and is waiting for response from the Department

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Mar 2026.
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.