Apollo Micro Systems MD, chairman, board of directors and AGM
NSE: APOLLOBSE: 540879Aerospace & DefenseSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹388.70.
- Next results date: the board meets on 24 Oct 2026 to consider: financial results.
- 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.
- ₹13,926 Cr560th 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
- 114.5
- 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 18 May 2026
- 10.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.07%
- 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
- 12.7%
- 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
- 11.2%
- 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 18 May 2026
- 0.41
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 87,40,93031.3% delivered
Apollo Micro Systems 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
- Managing directorKARUNAKAR REDDY BADDAM
- ChairpersonRAGHUPATHY GOUD THEEGALA
- Company Secretary and Compliance OfficerG Seshadri Vasan
8 directors3 independent3 executive2 non-executive
- KARUNAKAR REDDY BADDAM · Managing directorExecutive · joined Mar 1997 · reappointed Apr 2022 · 1 listed board
- RAGHUPATHY GOUD THEEGALA · ChairpersonIndependent · joined Aug 2017 · reappointed Aug 2022 · 97 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- CHANDRAPATI VENKATA SIVA PRASADExecutive · joined Jul 2011 · reappointed Aug 2022 · 1 listed board
- ADDEPALLI KRISHNA SAI KUMARExecutive · joined Jul 2011 · reappointed Aug 2022 · 1 listed board · 2 committee seats
- KARUNASREE SAMUDRALAIndependent · joined May 2018 · reappointed May 2023 · 88 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
- KAVYA GORLANon-executive · joined Oct 2022 · reappointed Sep 2025 · 1 listed board
- CHANDRASHEKAR MATHAMIndependent · joined Jan 2023 · reappointed Jan 2023 · 32 months as independent · 1 listed board
- ADITYA KUMAR HALWASIYANon-executive · joined Jan 2023 · reappointed Jan 2023 · 2 listed boards · 1 committee seat
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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 8 Sep 20267 of 8 present3 independent
- 17 Aug 20266 of 8 present2 independent · 8 days in between
- 8 Aug 20266 of 8 present3 independent
- 9 Jul 20267 of 8 present3 independent
1 earlier meeting
- 6 Jul 20268 of 8 present3 independent
Audit Committee
Chair KARUNASREE SAMUDRALA
RAGHUPATHY GOUD THEEGALA, ADDEPALLI KRISHNA SAI KUMAR
- 17 Aug 20263 of 3 present2 independent · 2 days in between
- 14 Aug 20263 of 3 present2 independent · 5 days in between
- 8 Aug 20263 of 3 present2 independent · 29 days in between
- 9 Jul 20263 of 3 present2 independent
Nomination and remuneration committee
Chair KARUNASREE SAMUDRALA
KAVYA GORLA, RAGHUPATHY GOUD THEEGALA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair RAGHUPATHY GOUD THEEGALA
KARUNAKAR REDDY BADDAM, CHANDRAPATI VENKATA SIVA PRASAD
- 8 Aug 20263 of 3 present1 independent
Risk Management Committee
Chair CHANDRAPATI VENKATA SIVA PRASAD
KARUNAKAR REDDY BADDAM, KARUNASREE SAMUDRALA
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair KARUNAKAR REDDY BADDAM
RAGHUPATHY GOUD THEEGALA, KAVYA GORLA
No meeting listed in the filing.
EXECUTIVE COMMITTEE
Chair KARUNAKAR REDDY BADDAM
CHANDRAPATI VENKATA SIVA PRASAD, ADDEPALLI KRISHNA SAI KUMAR
- 25 Aug 20263 of 3 present0 independent · 4 days in between
- 20 Aug 20263 of 3 present0 independent · 20 days in between
- 30 Jul 20263 of 3 present0 independent
SECURITIES ALLOTMENT COMMITTEE
Chair RAGHUPATHY GOUD THEEGALA
KARUNAKAR REDDY BADDAM, KARUNASREE SAMUDRALA, ADDEPALLI KRISHNA SAI KUMAR
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.
- S T Mohite & CoPeer-review certificate valid to Dec 2028
1 earlier auditor
- S.T.Mohite and CoNamed 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.
Apollo Micro Systems 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.Apollo Micro Systems dividend history
Annual general meeting, 30 Sep 2026
4,36,625 shareholders on the register on 23 Sep 2026; present: 3 promoters and 173 others; votes counted by SRIDEVI MADATI / MNM & ASSOCIATES.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED STANDALONE FINANCIAL STATEMENTOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.14% · promoters 100.00% · institutions 69.63% · other public 8.60%
- ADOPTION OF AUDITED CONSOLIDATED FINANCIAL STATEMENTSOrdinary98.46% for1.54% against
Against: promoters 0.00% · institutions 16.44% · other public 0.01%
Turnout: all 59.14% · promoters 100.00% · institutions 69.63% · other public 8.60%
- DECLARATION OF DIVIDEND ON THE EQUITY SHARESOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.14% · promoters 99.98% · institutions 69.63% · other public 8.60%
- RE-APPOINTMENT OF MR.ADITYA KUMAR HALWASIYA AS DIRECTOR LIABLE TO RETIRE BY ROTATIONOrdinary99.75% for0.25% against
Against: promoters 0.00% · institutions 2.13% · other public 0.80%
Turnout: all 59.14% · promoters 100.00% · institutions 69.63% · other public 8.60%
- RATIFICATION OF REMUNERATION OF COST AUDITOROrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 59.14% · promoters 100.00% · institutions 69.63% · other public 8.60%
- APPROVAL FOR GIVING LOAN OR GUARANTEE OR PROVIDING SECURITY IN CONNECTION WITH LOAN AVAILED BY SHAURYASTRA DEFENCE SYSTEMS PRIVATE LIMITED PURSUANT TO SECTION 185 OF THE COMPANIES ACT 2013Special97.78% for2.22% against
Against: promoters 0.00% · institutions 23.65% · other public 0.02%
Turnout: all 95.30% · promoters 100.00% · institutions 69.63% · other public 87.96%
- TO CONSIDER AND APPROVE MATERIAL RELATED PARTY TRANSACTIONSOrdinaryPromoters have an interest in it82.18% for17.82% against
Against: promoters 0.00% · institutions 31.16% · other public 0.02%
Turnout: all 8.44% · promoters 0.00% · institutions 60.61% · other public 8.60%
- TO CONSIDER AND APPROVE THE CONVERSION OF LOAN INTO EQUITYSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.34% · other public 0.04%
Turnout: all 59.14% · promoters 100.00% · institutions 69.63% · other public 8.60%
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, 4 Aug 2026, 6 resolutions
4,43,202 shareholders on the register on 28 Jul 2026; present: 3 promoters and 84 others; votes counted by Ms. Sridevi Madati / MNM & Associates.The company's voting result (opens in a new tab)
- Increase of authorised share capital of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 53.81% · promoters 100.00% · institutions 38.68% · other public 3.07%
- Issue of Equity Shares on preferential basis to certain identified Non-Promoter Persons/Entities.Special99.63% for0.37% against
Against: promoters 0.00% · institutions 7.77% · other public 0.58%
Turnout: all 53.81% · promoters 100.00% · institutions 38.68% · other public 3.07%
- Issue of Convertible Equity Warrants on preferential basis to Promoter Group and to certain identified Non-Promoter Persons/EntitiesSpecial98.32% for1.68% against
Against: promoters 0.00% · institutions 35.49% · other public 1.55%
Turnout: all 53.81% · promoters 100.00% · institutions 38.68% · other public 3.07%
- Authorization to borrow monies exceeding the Paid-Up Share Capital, Free Reserves and Securities Premium of the Company under Section 180(1)(c) of the Companies Act, 2013Special99.32% for0.68% against
Against: promoters 0.00% · institutions 14.31% · other public 0.77%
Turnout: all 53.81% · promoters 100.00% · institutions 38.68% · other public 3.07%
- Authorization to create security under Section 180(1)(a) of the Companies Act, 2013Special99.42% for0.58% against
Against: promoters 0.00% · institutions 12.21% · other public 0.53%
Turnout: all 53.81% · promoters 100.00% · institutions 38.68% · other public 3.07%
- Authorization to create security under Section 180(1)(a) of the Companies Act, 2013Special97.32% for2.68% against
Against: promoters 0.00% · institutions 56.92% · other public 1.64%
Turnout: all 53.81% · promoters 100.00% · institutions 38.68% · other public 3.07%
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 Dec 2025, 2 resolutions
3,51,438 shareholders on the register on 31 Oct 2025; votes counted by SRIDEVI MADATI / MNM AND ASSOCIATES.The company's voting result (opens in a new tab)
- To consider and approve material Related Party TransactionsOrdinaryNot passedPromoters have an interest in it47.67% for52.33% against
Against: promoters 0.00% · institutions 99.73% · other public 20.88%
Turnout: all 3.18% · promoters 0.00% · institutions 11.76% · other public 4.96%
To consider and approve giving loan or guarantee or providing security in connection with the loan availed by IDL Explosives Limited (probable Step Down Subsidiary), pursuant to Section 185 of the Companies Act, 2013MoreLess
Ordinary97.70% for2.30% againstAgainst: promoters 0.00% · institutions 72.07% · other public 7.36%
Turnout: all 54.48% · promoters 100.00% · institutions 13.90% · other public 6.05%
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, 16 Sep 2025, 11 resolutions
3,33,425 shareholders on the register on 9 Sep 2025; present: 1 promoter and 84 others; votes counted by CS SRIDEVI MADATI / MNM AND ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial StatementOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Adoption of Audited Consolidated Financial StatementsOrdinary98.54% for1.46% against
Against: promoters 0.00% · institutions 29.63% · other public 0.21%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Declaration of Dividend on Equity SharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Re-Appointment of Ms. Kavya Gorla as Director, liable to retire by rotationOrdinary98.54% for1.46% against
Against: promoters 0.00% · institutions 29.63% · other public 0.28%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Ratification of Remuneration of Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Appointment of Secretarial Auditors of the CompanyOrdinary98.54% for1.46% against
Against: promoters 0.00% · institutions 29.63% · other public 0.21%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- To consider and approve material Related Party TransactionsOrdinaryNot passedPromoters have an interest in it38.82% for61.18% against
Against: promoters 0.00% · institutions 88.11% · other public 0.21%
Turnout: all 2.90% · promoters 0.00% · institutions 19.29% · other public 2.28%
- Approval for giving Loan or Guarantee or providing Security in connection with loan availed by Apollo Defence Industries Private Limited Pursuant to Section 185 of the Companies Act, 2013Special97.85% for2.15% against
Against: promoters 0.00% · institutions 43.62% · other public 0.26%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Approval for giving Loan or Guarantee or providing Security in connection with loan availed by Apollo Strategic Technologies Private Limited Pursuant to Section 185 of the Companies Act, 2013Special97.85% for2.15% against
Against: promoters 0.00% · institutions 43.62% · other public 0.26%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Approval for giving Loan or Guarantee or providing Secuity in connection with loan avialed by Ananya SIP RF Technologies Private Limited pursuant to Section 185 of the Companies Act, 2013Special96.77% for3.23% against
Against: promoters 0.00% · institutions 65.60% · other public 0.68%
Turnout: all 54.20% · promoters 100.00% · institutions 25.53% · other public 2.28%
- Approval for giving Loan or Guarantee or providing Security in connection with Loan availed by Apollo Food and Beverages Private Limited pursuant to Se ction 185 of the Companies Act, 2013Special96.77% for3.23% against
Against: promoters 0.00% · institutions 65.60% · other public 0.67%
Turnout: all 54.20% · promoters 100.00% · institutions 25.52% · other public 2.28%
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, 4 Feb 2025, 3 resolutions
2,69,697 shareholders on the register on 28 Jan 2025; present: 1 promoter and 51 others; votes counted by CS SRIDEVI MADATI / MNM & ASSOCIATES.The company's voting result (opens in a new tab)
- Increase of Authorised Share Capital of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 55.60% · promoters 97.04% · institutions 55.98% · other public 0.37%
- Issue of Equity Shares on preferential basis to certain identified Non-Promoter Persons/EntitiesSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.77% · other public 0.15%
Turnout: all 55.60% · promoters 97.04% · institutions 55.98% · other public 0.37%
- Issue of Convertible Equity Warrants on preferential basis to Promoter Group and to certain identified Non-Promoter Persons/EntitiesSpecial99.92% for0.08% against
Against: promoters 0.00% · institutions 2.23% · other public 0.85%
Turnout: all 55.60% · promoters 97.04% · institutions 55.98% · other public 0.37%
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, 27 Sep 2024, 5 resolutions
Present: 1 promoter and 80 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 57.25% · promoters 100.00% · institutions 83.74% · other public 2.90%
- Adoption of Audited Consolidated Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 57.25% · promoters 100.00% · institutions 83.74% · other public 2.90%
- Declaration of Dividend on the Equity Shares.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 57.25% · promoters 100.00% · institutions 83.74% · other public 2.90%
- Re-appointment of Mr. Aditya Kumar Halwasiya as Director, liable to retire by rotationOrdinary98.47% for1.52% against
Against: promoters 0.00% · institutions 100.00% · other public 0.41%
Turnout: all 57.25% · promoters 100.00% · institutions 83.74% · other public 2.90%
- Ratification of Remuneration of Cost AuditorsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 57.25% · promoters 100.00% · institutions 83.74% · other public 2.90%
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, 16 Aug 2024, 5 resolutions
Present: 1 promoter and 59 others.The company's voting result (opens in a new tab)
- Issue of Convertible Equity Warrants on preferential basis to Promoter Group and to certain identified non-promoter persons/entitiesSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 56.68% · promoters 100.00% · institutions 0.00% · other public 3.95%
- Authorization to borrow monies exceeding the Paid-Up Share Capital, Free Reserves and Securities Premium of the Company under Section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 56.68% · promoters 100.00% · institutions 0.00% · other public 3.95%
- Authorization to create security under Section 180(1)(a) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 56.68% · promoters 100.00% · institutions 0.00% · other public 3.95%
- Authorization to give Loans and Guarantees to any bodies corporate(s) other persons and make investments in any body corporate under Section 186 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 56.68% · promoters 100.00% · institutions 0.00% · other public 3.95%
- Approval for giving Loan or Guarantee or providing Security in connection with loan availed by any of the Company's entities or any other Person specified under Section 185 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 56.68% · promoters 100.00% · institutions 0.00% · other public 3.95%
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, 6 resolutions
Present: 1 promoter and 54 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial StatementsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 60.39% · promoters 100.00% · institutions 37.08% · other public 11.23%
- Adoption of Audited Consolidated Financial Statements.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 60.39% · promoters 100.00% · institutions 37.08% · other public 11.23%
- Declaration of DividendOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 60.39% · promoters 100.00% · institutions 37.08% · other public 11.23%
- Re-appointment of a DirectorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 60.39% · promoters 100.00% · institutions 37.08% · other public 11.23%
- Ratification of Remuneration of Cost AuditorsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 60.39% · promoters 100.00% · institutions 37.08% · other public 11.23%
- To consider the approval for increase in remuneration limits of Mr. Karunakar Reddy Baddam in terms of SEBI (LODR) Regulations 2015 and Companies Act, 2013 and Rules made thereunderSpecialPromoters have an interest in it94.76% for5.24% against
Against: promoters 0.00% · institutions 100.00% · other public 0.15%
Turnout: all 60.39% · promoters 100.00% · institutions 37.08% · other public 11.23%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 30 Sep 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.
- ADOPTION OF AUDITED STANDALONE FINANCIAL STATEMENT1 for0 against
- ADOPTION OF AUDITED CONSOLIDATED FINANCIAL STATEMENTS
Against Angel One Mutual Fund
- Angel One Mutual FundNon-disclosure of the audited financial statements of Subsidiaries on the website of the Company.
0 for1 against - DECLARATION OF DIVIDEND ON THE EQUITY SHARES1 for0 against
- RE-APPOINTMENT OF MR.ADITYA KUMAR HALWASIYA AS DIRECTOR LIABLE TO RETIRE BY ROTATION1 for0 against
- RATIFICATION OF REMUNERATION OF COST AUDITOR1 for0 against
- APPROVAL FOR GIVING LOAN OR GUARANTEE OR PROVIDING SECURITY IN CONNECTION WITH LOAN AVAILED BY SHAURYASTRA DEFENCE SYSTEMS PRIVATE LIMITED PURSUANT TO SECTION 185 OF THE COMPANIES ACT 2013
Against Angel One Mutual Fund
- Angel One Mutual FundInadequate Disclosures regarding full particulars of Loan. Governance & Transparency Concern: Inadequate disclosure regarding pro rata contribution by other shareholders of associate Company.
0 for1 against - TO CONSIDER AND APPROVE MATERIAL RELATED PARTY TRANSACTIONS
Against Angel One Mutual Fund
- Angel One Mutual FundThe Company has not disclosed information in the Notice on whether the Audit Committee has reviewed the certificates provided by the Chief Executive Officer / Managing Director / Whole-Time Director / Manager and Chief Financial Officer of the Company, as mandated under the Related Party Transaction Industry Standards. Governance & Transparency Concern: There is no clarity whether the remaining shareholders of thesubsidiary/associate are providing any similar financial support or not. Transactions do not appear to be at arm’s length basis.
0 for1 against
1 proposal not matched to one resolution
To conferring a right on the Lender in relation to or in connection with the secured aggregating working capital and term loan facilities of up of Rs. Rs. 635,90,00,000/- proposed to be availed by the Company from the Lender, under the terms of the documents to be executed in relation to the Facility with the Lender, to convert the outstanding amounts (whether due or payable or not) of the Lender, in part or in whole, into equity shares of the Company, in a stressed situation for restructuring of debt of the Company in accordance with the regulatory guidelines issued from time to time by the Reserve Bank of India (including but not limited to the Prudential Framework for Resolution of Stressed Assets dated June 7, 2019, as amended from time to time), and subject to applicable laws, and which equity shares shall rank pari passu with the other equity shares of the Company.MoreLess
1 for0 against
Mutual fund votes, meeting of 4 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.
- Increase of authorised share capital of the Company1 for0 against
- Issue of Convertible Equity Warrants on preferential basis to Promoter Group and to certain identified Non-Promoter Persons/Entities
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance Concern: Warrants priced at par with equity shares. Shares and warrants are two different species of securities. Hence, should be priced considering the 18-months convertible period for warrants.
0 for1 against
4 proposals not matched to one resolution
Authorization to give Loans and Guarantees to any bodies corporate(s) other persons and make investments in any body corporate under Section 186 of the Companies Act, 2013 up to an extent of Rs. 7000 Crores.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Lack of adequate disclosure as the Company has not provided details of the recipients. Umbrella / Blanket approval proposed to cover any person/entity in the proposed limit.
0 for1 againstTo borrow periodically from time to time for the purpose of the business of the Company such sums of money, including without limitation, from any Banks and/or public financial institutions as defined under Section 2(72) of the Companies Act, 2013 and/or any foreign financial institution(s) or foreign banks and/or any entity/entities or authority/authorities and/or through suppliers credit, Securities including ADR’s, GDR’s, FCCBs, FCBs, ECB, instruments such as floating rate notes, fixed rate notes, syndicated loans, debentures, commercial papers, long term loans, short term loans or any other instruments, etc. and/or through credit from official agencies and/ or by way of commercial borrowings from the private sector window of multilateral financial institution(s), firms, bodies corporate either in rupees or in such other foreign currencies as may be permitted by law from time to time, whether secured or unsecured as may be deemed appropriate by the Board for an aggregate amount not exceeding Rs. 5,000 Crores or equivalent amount in any other foreign currency notwithstanding that monies to be borrowed together with the monies already borrowed by the Company.MoreLess
1 for0 againstTo create, issue, offer and allot 2,28,30,902 Equity Shares of face value being Rs. 1/- each at a price of Rs. 416.60/- (Preferential Allotment Price) each including premium of Rs. 415.60/- per share aggregating to Rs. 951,13,53,773.20 or such higher price as may be arrived at in accordance with the SEBI ICDR Regulations on a preferential basis (Preferential Allotment) for cash consideration to the select group of persons (the Investors) who do not belong to Promoter and Promoter Group of the Company.MoreLess
1 for0 againstTo mortgage and/or charge either as first charge or second or subsequent charge in addition to the mortgages/charges created/to be created by the Company in such form and manner and with such ranking and at such time and on such terms as the Board may determine, on all or any of the moveable and/or immovable properties of the Company, both present and future and/or the whole or any part of the undertaking(s) of the Company together with the power to take over the management of the business and concern of the Company in the events of defaults, in favour of the Financial Institutions, Banks, other Lender(s), Agent(s) and Trustee(s), person(s), entities which give, provide or extend loans/facilities for securing the borrowings of the Company availed/to be availed, by way of Loan(s)/Working Capital facilities/Deferred Payment guarantees or any other guarantees/Equipment Finance/Asset Credit Schemes (in foreign currency or rupee currency) and other securities comprising Convertible/Nonconvertible Debentures/Bonds, Foreign Currency Bonds (FCBs), Foreign Currency Convertible Bonds(FCCBs), External Commercial Borrowings, issue of Securities/Bonds/Warrants/any other debt instrument to the Qualified Institutional Buyers, Indian Financial Institutions, Mutual Funds or any Bodies Corporate/Lenders or other debt instruments issued/to be issued by the Company from time to time subject to an aggregate sum of Rs. 5,000 Crores.MoreLess
1 for0 against
3 earlier meetings
Mutual fund votes, meeting of 6 Dec 2025, 3 fund houses
To consider and approve material Related Party Transactions with Apollo Defence Industries Private Limited for Subsidiary and Common Directors, Apollo Strategic Technologies Private Limited for Step Down Subsidiary and Common Director and IDL Explosives Limited for Probable Step Down Subsidiary for a Value of the proposed transaction (not to exceed) of Rs. 500 Crores for each during the financial year 2025-26.MoreLess
Against LIC Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual Fund
- LIC Mutual FundConcerns due to inadequate supporting data and Governance & Transparency Concern: In absence of adequate disclosures, it is unclear how proposed transactions fall within the ordinary course of business.
- Motilal Oswal Mutual Fund, Trust Mutual FundNon-Compliant with SEBI Circular on RPT Disclosures: Non-disclosure of required information as per the RPT Industry Standards mandated by SEBI. Governance & Transparency Concern: In absence of adequate disclosures, it is unclear how proposed transactions fall within the ordinary course of business.
0 for3 againstTo give loan(s) in one or more tranches including loan represented by way of book debt (the Loan) to, and/or giving of guarantee(s), and/or providing of security(ies) in connection with any Loan taken/to be taken by IDL Explosives Limited, the probable step down subsidiary and in which any of the Directors of the Company will be deemed to be interested as specified in the explanation to sub-section 2 of section 185 of the Act (collectively referred to as the Entities), up to a sum not exceeding Rs. 700 Crores at any point of time, in its absolute discretion deem beneficial and in the best interest of the Company.MoreLess
Against LIC Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual Fund
- LIC Mutual FundInadequate Disclosures regarding full particulars of Loan. Governance & Transparency Concern: The Company does not have capacity to sustain the financial assistance.
- Motilal Oswal Mutual Fund, Trust Mutual FundNon-Compliant with Section 185(2) of Companies Act, 2013: Inadequate Disclosures regarding full particulars of Loan. Governance & Transparency Concern: The Company does not have capacity to sustain the financial assistance.
0 for3 against
Mutual fund votes, meeting of 16 Sep 2025, 3 fund houses
- Adoption of Audited Standalone Financial Statement3 for0 against
- Adoption of Audited Consolidated Financial Statements
Against LIC Mutual Fund, Motilal Oswal Mutual Fund
- LIC Mutual FundConcerns over Non-disclosure of the audited financial statements of Subsidiaries on the website of the Company.
- Motilal Oswal Mutual FundUnqualified financial statements. Non-Compliant with Companies Act, 2013 and Regulation 46(2)(s) of SEBI LODR: Non-disclosure of the audited financial statements of Subsidiaries on the website of the Company.
1 for2 against - Declaration of Dividend on Equity Shares3 for0 against
- Re-Appointment of Ms. Kavya Gorla as Director, liable to retire by rotation
Against LIC Mutual Fund, Motilal Oswal Mutual Fund
- LIC Mutual FundGovernance concern: Board is non-compliant u/s 152 of the Companies Act, 2013. NRC member should be held responsible for the continued non-compliance.
- Motilal Oswal Mutual FundCompliant with law. Governance concern: Board is non-compliant u/s 152 of the Companies Act, 2013. NRC member should be held responsible for the continued non-compliance.
1 for2 against - Ratification of Remuneration of Cost Auditors3 for0 against
- Appointment of Secretarial Auditors of the Company
Against LIC Mutual Fund, Motilal Oswal Mutual Fund
- LIC Mutual FundConcerns over Proposed audit fee payable to Secretarial Auditors not disclosed. Governance Concern: Failure to highlight previous Board non-compliance by the Company in the Secretarial Audit Report or Compliance Report for FY 2024-25.
- Motilal Oswal Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee payable to Secretarial Auditors not disclosed. Governance Concern: Failure to highlight previous Board non-compliance by the Company in the Secretarial Audit Report or Compliance Report for FY 2024-25.
1 for2 against - To consider and approve material Related Party Transactions
Against LIC Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual Fund
- LIC Mutual FundGovernance & Transparency Concern: In absence of adequate disclosures, it is unclear how proposed transactions fall within the ordinary course of business.
- Motilal Oswal Mutual Fund, Trust Mutual FundCompliant with law. Governance & Transparency Concern: In absence of adequate disclosures, it is unclear how proposed transactions fall within the ordinary course of business.
0 for3 against - Approval for giving Loan or Guarantee or providing Security in connection with loan availed by Apollo Defence Industries Private Limited Pursuant to Section 185 of the Companies Act, 2013
Against LIC Mutual Fund, Motilal Oswal Mutual Fund
- LIC Mutual FundConcerns over Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
- Motilal Oswal Mutual FundNon-Compliant with Section 185(2) of Companies Act, 2013: Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
1 for2 against - Approval for giving Loan or Guarantee or providing Security in connection with loan availed by Apollo Strategic Technologies Private Limited Pursuant to Section 185 of the Companies Act, 2013
Against LIC Mutual Fund, Motilal Oswal Mutual Fund
- LIC Mutual FundConcerns over Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
- Motilal Oswal Mutual FundNon-Compliant with Section 185(2) of Companies Act, 2013: Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
1 for2 against - Approval for giving Loan or Guarantee or providing Secuity in connection with loan avialed by Ananya SIP RF Technologies Private Limited pursuant to Section 185 of the Companies Act, 2013
Against LIC Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual Fund
- LIC Mutual FundConcern over Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
- Motilal Oswal Mutual Fund, Trust Mutual FundNon-Compliant with Section 185(2) of Companies Act, 2013: Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
0 for3 against - Approval for giving Loan or Guarantee or providing Security in connection with Loan availed by Apollo Food and Beverages Private Limited pursuant to Se ction 185 of the Companies Act, 2013
Against LIC Mutual Fund, Motilal Oswal Mutual Fund, Trust Mutual Fund
- LIC Mutual FundConcerns over Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
- Motilal Oswal Mutual Fund, Trust Mutual FundNon-Compliant with Section 185(2) of Companies Act, 2013: Inadequate Disclosures regarding full particulars of Loan. Governance Concern: The Company does not have capacity to sustain the financial assistance.
0 for3 against
Mutual fund votes, meeting of 4 Feb 2025, 1 fund house
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Issue of Equity Shares on preferential basis to certain identified Non-Promoter Persons/Entities1 for0 against
- Issue of Convertible Equity Warrants on preferential basis to Promoter Group and to certain identified Non-Promoter Persons/Entities1 for0 against
1 proposal not matched to one resolution
To increase from the existing Rs. 36,00,00,000/- divided into 36,00,00,000 Equity Shares of Rs. 1 /- each to Rs. 45,00,00,000/- divided into 45,00,00,000 Equity Shares of Rs. 1/- each by the addition there to a sum of Rs. 9,00,00,000/- divided into 9,00,00,000 Equity Shares of Rs. 1/- each ranking pari- passu in all respects with the existing shares of the Company.MoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtSHAURYASTRA DEFENCE SYSTEMS PRIVATE LIMITEDSince 20 Aug 2026
34.00% bought in the quarter; holding 34.00%, from 0.00%
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
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesMay 2026, checked by Acuite Ratings & Research | 14,820.00 | – | – | No | |
| Preferential IssuesJun 2026, checked by Acuite Ratings & Research | 38.59 | – | – | No | |
| Preferential IssuesJun 2026, checked by Acuite Ratings & Research | 99.93 | – | – | No | |
| Preferential IssuesJun 2026, checked by ACUITE RATINGS AND RESEARCH | 24.43 | – | – | No |