Arvind logo

Arvind MD, chairman, board of directors and AGM

NSE: ARVINDBSE: 500101Textiles & ApparelsSmall Cap

Formerly Arvind Mills
Last close ₹480.90down ₹4.10 (0.85%)BSE ₹481.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹485.00.

52-week range of traded prices to 23 Oct 2026
₹286.00Low, 12 Jan 2026₹607.15High, 9 Sep 2026
Market cap
₹13,082 Cr547th largest listed
P/E
31.6
P/B
3.2
Dividend yield
0.94%
ROE
10.6%
ROCE
13.5%
Debt to equity
0.35
Volume, NSE
4,47,06354.3% delivered

Arvind board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorSanjaybhai Shrenikbhai Lalbhai
  • Company Secretary and Compliance OfficerPritesh Shah

10 directors5 independent5 executive

  • Sanjaybhai Shrenikbhai Lalbhai · Chairperson and managing directorExecutive · joined Mar 1979 · reappointed Apr 2022 · 2 listed boards · 1 committee seat
  • Punit Sanjay LalbhaiExecutive · joined Jul 2012 · reappointed Aug 2022 · 5 listed boards · 1 as independent · 2 committee seats, 1 as chair
  • Kulin Sanjay LalbhaiExecutive · joined Jul 2012 · reappointed Aug 2022 · 6 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Jayesh Kantilal ShahExecutive · joined Nov 2002 · reappointed Oct 2024 · 1 listed board · 1 committee seat
  • Nigam Gautamkumar ShahExecutive · joined Apr 2026 · reappointed Apr 2026 · 1 listed board
  • Nagesh Dinkar PingeIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 5 as chair
  • Nilesh Bansilal MehtaIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • Reena Pravin BhagwatiIndependent · joined Aug 2024 · reappointed Aug 2024 · 23 months as independent · 4 listed boards · 3 as independent · 6 committee seats
  • Gokul Mrugesh JaykrishnaIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 3 listed boards · 2 as independent · 3 committee seats
  • Ismet Tehmesp KhambattaIndependent · joined Aug 2022 · reappointed Aug 2022 · 46 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

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.

2 directors who left
  • Susheel Kaul, left 9 Mar 2026: Others
  • Nilesh D. Shah, left 6 May 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 15 May 20269 of 10 present4 independent · 104 days in between
    • 30 Jan 20267 of 10 present3 independent

  • Audit Committee

    Chair Nagesh Dinkar Pinge

    Nilesh Bansilal Mehta, Reena Pravin Bhagwati, Gokul Mrugesh Jaykrishna

    • 15 May 20263 of 4 present3 independent · 104 days in between
    • 30 Jan 20262 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Nilesh Bansilal Mehta

    Ismet Tehmesp Khambatta, Reena Pravin Bhagwati, Gokul Mrugesh Jaykrishna

    • 15 May 20263 of 4 present3 independent · 104 days in between

  • Stakeholders Relationship Committee

    Chair Ismet Tehmesp Khambatta

    Sanjaybhai Shrenikbhai Lalbhai, Jayesh Kantilal Shah

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Nagesh Dinkar Pinge

    Nilesh Bansilal Mehta, Jayesh Kantilal Shah, Punit Sanjay Lalbhai

    • 30 Jan 20264 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair Punit Sanjay Lalbhai

    Sanjaybhai Shrenikbhai Lalbhai, Jayesh Kantilal Shah, Ismet Tehmesp Khambatta

    • 15 May 20263 of 4 present0 independent

  • Environment, Social and Governance Committee

    Chair Punit Sanjay Lalbhai

    Jayesh Kantilal Shah, Ismet Tehmesp Khambatta

    • 30 Jan 20263 of 3 present1 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 Jun 2026.

  • Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027

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.

Arvind 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.Arvind dividend history

Annual general meeting, 22 Sep 2026

1,99,714 shareholders on the register on 15 Sep 2026; present: 3 promoters and 81 others; votes counted by CS HITESH BUCH / HITESH BUCH & ASSOCIATES.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 March 31, 2026 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 75.36% · promoters 97.30% · institutions 93.05% · other public 9.10%

  2. Declaration of dividend on Equity Shares for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.66% · promoters 97.30% · institutions 93.82% · other public 9.10%

  3. Re-appointment of Mr. Punit Lalbhai as Director of the Company, liable to retire by rotation.
    Ordinary
    98.85% for1.15% against

    Against: promoters 0.00% · institutions 2.38% · other public 0.01%

    Turnout: all 75.65% · promoters 97.30% · institutions 93.79% · other public 9.10%

  4. Re-appointment of Mr. Kulin Lalbhai as Director of the Company, liable to retire by rotation.
    Ordinary
    97.51% for2.49% against

    Against: promoters 0.00% · institutions 5.16% · other public 0.01%

    Turnout: all 75.65% · promoters 97.30% · institutions 93.79% · other public 9.10%

  5. Ratification of the remuneration of Kiran J. Mehta and Co., Cost Accountants for the Financial Year ending March 31, 2027
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.65% · promoters 97.30% · institutions 93.79% · other public 9.10%

  6. Payment of Commission to the Director(s) of the Company who is are neither in the Wholetime employment nor Managing Director(s), in accordance with and up to the limits not exceeding one percent of the Net Profits of the Company.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 75.65% · promoters 97.30% · institutions 93.79% · other public 9.10%

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, 2 Aug 2026, 1 resolution

1,84,979 shareholders on the register on 30 Jun 2026; votes counted by CS HITESH BUCH / HITESH BUCH & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Raising capital through an issuance of Equity Shares and/or other Eligible Securities
    Special
    99.47% for0.53% against

    Against: promoters 0.00% · institutions 1.28% · other public 0.05%

    Turnout: all 69.39% · promoters 97.30% · institutions 78.76% · other public 9.64%

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.

Postal ballot, 19 Jun 2026, 3 resolutions

1,77,989 shareholders on the register on 15 May 2026; votes counted by CS Hitesh Buch / Hitesh Buch & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Nigam Shah (DIN: 10056383) as a Director of the Company.
    Ordinary
    99.39% for0.61% against

    Against: promoters 0.00% · institutions 1.36% · other public 0.07%

    Turnout: all 75.66% · promoters 99.56% · institutions 93.93% · other public 9.54%

  2. Appointment of Nigam Shah (DIN: 10056383) as a Director and Whole-time Director (designated as an Executive Director) of the Company and payment of remuneration.
    Special
    99.43% for0.57% against

    Against: promoters 0.00% · institutions 1.27% · other public 0.07%

    Turnout: all 75.66% · promoters 99.56% · institutions 93.93% · other public 9.54%

  3. Alteration in Object Clause of Memorandum of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 75.66% · promoters 99.56% · institutions 93.93% · other public 9.54%

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, 4 resolutions

1,83,057 shareholders on the register on 6 Feb 2026; votes counted by CS Hitesh Buch / Hitesh Buch & Associates.The company's voting result (opens in a new tab)

  1. Amendment of ‘AL - Employee Stock Option Scheme 2021’ for administration of the scheme through an irrevocable employee welfare trust and amendment in Exercise Price Clause of the existing Scheme.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 76.13% · promoters 99.56% · institutions 95.50% · other public 9.68%

  2. To approve secondary acquisition of shares through Trust route for the implementation of ‘AL - Employee Stock Option Scheme 2021’.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 76.13% · promoters 99.56% · institutions 95.50% · other public 9.68%

  3. To approve provision of money by the Company to acquire its own shares by the trust under the ‘AL - Employee Stock Option Scheme 2021’.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 76.13% · promoters 99.56% · institutions 95.50% · other public 9.68%

  4. To approve sale, disposal and lease of assets having value exceeding 20% of the assets of Arvind Advanced Materials Limited (AAML), Material Subsidiary of the Company, on an aggregate basis during a financial year pursuant to Regulation 24(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
    Special
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.57% · other public 0.13%

    Turnout: all 76.13% · promoters 99.56% · institutions 95.50% · other public 9.68%

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, 7 Nov 2025, 5 resolutions

1,91,065 shareholders on the register on 3 Oct 2025; votes counted by Hitesh D. Buch / Hitesh Buch & Associates.The company's voting result (opens in a new tab)

  1. To appoint Mr. Gokul Mrugesh Jaykrishna (DIN: 00671652) as an Independent Director of the Company.
    Special
    95.56% for4.44% against

    Against: promoters 0.00% · institutions 10.09% · other public 0.30%

    Turnout: all 74.84% · promoters 99.56% · institutions 92.48% · other public 10.56%

  2. To approve payment of annual remuneration to Mr. Sanjay Lalbhai, Chairman (Executive Director part of promoter or member of promoter group) pursuant to Regulation 17(6)(e)(i) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    SpecialPromoters have an interest in it
    92.15% for7.85% against

    Against: promoters 0.00% · institutions 17.85% · other public 0.33%

    Turnout: all 74.84% · promoters 99.56% · institutions 92.48% · other public 10.56%

  3. To approve payment of annual remuneration to Mr. Punit Lalbhai, Vice Chairman (Executive Director part of promoter or member of promoter group) pursuant to Regulation 17(6)(e)(i) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    SpecialPromoters have an interest in it
    92.43% for7.57% against

    Against: promoters 0.00% · institutions 17.23% · other public 0.41%

    Turnout: all 74.84% · promoters 99.56% · institutions 92.48% · other public 10.56%

  4. To approve payment of annual remuneration to Mr. Kulin Lalbhai, Vice Chairman (Executive Director part of promoter or member of promoter group) pursuant to Regulation 17(6)(e)(i) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    SpecialPromoters have an interest in it
    92.43% for7.57% against

    Against: promoters 0.00% · institutions 17.23% · other public 0.40%

    Turnout: all 74.84% · promoters 99.56% · institutions 92.48% · other public 10.56%

  5. To approve payment of aggregate annual remuneration to Executive Directors who are promoters or members of promoter group pursuant to Regulation 17(6)(e)(ii) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    SpecialPromoters have an interest in it
    92.43% for7.57% against

    Against: promoters 0.00% · institutions 17.23% · other public 0.41%

    Turnout: all 74.84% · promoters 99.56% · institutions 92.48% · other public 10.56%

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 2025, 6 resolutions

1,91,815 shareholders on the register on 1 Aug 2025; present: 3 promoters and 91 others; votes counted by HITESH BUCH / HITESH BUCH & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements [including consolidated financial statements] of the Company for the financial year ended 31st March, 2025 and the reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 75.45% · promoters 99.56% · institutions 94.61% · other public 10.59%

  2. To declare dividend on equity shares for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 75.81% · promoters 99.56% · institutions 95.65% · other public 10.59%

  3. To appoint a Director in place of Mr. Sanjay Lalbhai (DIN: 00008329), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    97.72% for2.28% against

    Against: promoters 0.00% · institutions 5.12% · other public 0.12%

    Turnout: all 75.81% · promoters 99.56% · institutions 95.65% · other public 10.59%

  4. To appoint a Director in place of Mr. Jayesh Shah (DIN: 00008349), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    83.23% for16.77% against

    Against: promoters 0.00% · institutions 37.63% · other public 0.12%

    Turnout: all 75.81% · promoters 99.56% · institutions 95.65% · other public 10.59%

  5. To appoint M/s. Hitesh Buch & Associates, Company Secretaries as Secretarial Auditors of the Company for term of five consecutive years commencing from financial year 2025-26 till financial year 2029-30MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 75.81% · promoters 99.56% · institutions 95.65% · other public 10.59%

  6. Ratification of the remuneration of Kiran J. Mehta and Co., Cost Accountants for the financial year ending 31st March, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 75.81% · promoters 99.56% · institutions 95.65% · other public 10.59%

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.

Meeting called by the tribunal, 30 May 2025, 1 resolution

1,90,312 shareholders on the register on 23 May 2025; present: 0 promoters and 57 others; votes counted by KESHAV KHANEJA / KESHAV KHANEJA.The company's voting result (opens in a new tab)

  1. To approve Scheme of Arrangement involving transfer and vesting of the Advanced Materials Undertaking of Arvind Limited to Arvind Advanced Materials Limited and their respective shareholders and creditorsMoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 75.71% · promoters 100.00% · institutions 91.84% · other public 12.52%

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.

Postal ballot, 21 Sep 2024, 1 resolution

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

  1. Appointment of Ms. Reena Bhagwati as an Independent Director of the Company
    Special
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.87% · other public 0.20%

    Turnout: all 74.51% · promoters 100.00% · institutions 90.46% · other public 12.43%

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

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 22 Sep 2026, 7 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Adoption of Audited Financial Statements including Consolidated Financial Statements for the financial year ended March 31, 2026 and Reports of Directors and Auditors thereon.
    7 for0 against
  • Declaration of dividend on Equity Shares for the Financial Year ended March 31, 2026.
    7 for0 against
  • Re-appointment of Mr. Punit Lalbhai as Director of the Company, liable to retire by rotation.
    7 for0 against
  • Re-appointment of Mr. Kulin Lalbhai as Director of the Company, liable to retire by rotation.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Excessive time commitment.
    6 for1 against
  • Ratification of the remuneration of Kiran J. Mehta and Co., Cost Accountants for the Financial Year ending March 31, 2027
    7 for0 against
  • Payment of Commission to the Director(s) of the Company who is are neither in the Wholetime employment nor Managing Director(s), in accordance with and up to the limits not exceeding one percent of the Net Profits of the Company.MoreLess
    7 for0 against

Mutual fund votes, meeting of 2 Aug 2026, 7 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Raising capital through an issuance of Equity Shares and/or other Eligible Securities
    7 for0 against
6 earlier meetings

Mutual fund votes, meeting of 19 Jun 2026, 16 fund houses

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

  • Appointment of Mr. Nigam Shah (DIN: 10056383) as a Director of the Company.
    12 for0 against
  • Appointment of Nigam Shah (DIN: 10056383) as a Director and Whole-time Director (designated as an Executive Director) of the Company and payment of remuneration.
    15 for0 against
  • Alteration in Object Clause of Memorandum of Association of the Company
    16 for0 against
4 proposals not matched to one resolution
  • 1. Appointment/ Re-appointment of Executive Director
    1 for0 against
  • 2. Appointment / Re-appointment of Executive Directors (Including Remuneration)
    1 for0 against
  • 2) Approve remuneration to Nigam Shah (DIN: 10056383), Whole-time Director, from 3 April 2026 until the end of tenure, as minimum remuneration.
    1 for0 against
  • Approve remuneration to Nigam Shah (DIN: 10056383), Whole-time Director, from 3 April 2026 until the end of tenure, as minimum remuneration
    2 for0 against

Mutual fund votes, meeting of 11 Mar 2026, 15 fund houses

  • Amendment of ‘AL - Employee Stock Option Scheme 2021’ for administration of the scheme through an irrevocable employee welfare trust and amendment in Exercise Price Clause of the existing Scheme.
    15 for0 against
  • To approve secondary acquisition of shares through Trust route for the implementation of ‘AL - Employee Stock Option Scheme 2021’.
    15 for0 against
  • To approve provision of money by the Company to acquire its own shares by the trust under the ‘AL - Employee Stock Option Scheme 2021’.
    15 for0 against
  • To approve sale, disposal and lease of assets having value exceeding 20% of the assets of Arvind Advanced Materials Limited (AAML), Material Subsidiary of the Company, on an aggregate basis during a financial year pursuant to Regulation 24(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance & Transparency Concern: Justification provided for creation of security of assets of material subsidiary exceeding 20%. Whereas, resolution proposed blanket approval, including slump sale. Such blanket approval grants discretionary powers to the Board defeats the purpose of obtaining shareholders’ approval.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Justification provided for creation of security of assets of material subsidiary exceeding 20%. Whereas, resolution proposed blanket approval, including slump sale. Such blanket approval grants discretionary powers to the Board defeats the purpose of obtaining shareholders’ approval.
    12 for3 against

Mutual fund votes, meeting of 7 Nov 2025, 15 fund houses

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

  • To appoint Mr. Gokul Mrugesh Jaykrishna (DIN: 00671652) as an Independent Director of the Company.
    Against Bank of India Mutual Fund, Canara Robeco Mutual Fund
    • Bank of India Mutual Fund, Canara Robeco Mutual FundGokul Jaykrishna, 57, is the Promoter, Joint Managing Director & CEO of Asahi Songwon Colors Limited and the Managing Director of Asahi Tennants Color Private Limited. He has over 26 years of experience in the chemical and pigments industries. Previously, he worked with Krieger Associates, New Jersey, a currency and options trader in USA. He is also an Independent Director on the board of The Anup Engineering Limited, a group company. We will consider his overall association with the group. While Gokul Jaykrishna’s appointment is in line with statutory requirements, we note that Samveg Lalbhai, Promoter and Executive Director of Atul Limited (a promoter group company), is an Independent Director on the board of Asahi Songwon Colors Limited. Such interlocking board positions within the promoter group raise concerns over potential conflicts of interest. We do not support the resolution.
    13 for2 against
  • To approve payment of annual remuneration to Mr. Sanjay Lalbhai, Chairman (Executive Director part of promoter or member of promoter group) pursuant to Regulation 17(6)(e)(i) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, quant Mutual Fund
    • Angel One Mutual FundGovernance concern: Dual position of Chairman and Managing Director. Concentration of power in the hands of a single person.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merit of the proposed appointee. Governance concern: Dual position of CMD. Concentration of power in the hands of a single person
    • quant Mutual FundCompliant with law. No concern on the merit of the proposed appointees. Proposed remuneration to promoter executive directors exceeds 5% of net profits, resulting in disproportionate compensation allocation to the promoter group.
    8 for4 against
  • To approve payment of annual remuneration to Mr. Punit Lalbhai, Vice Chairman (Executive Director part of promoter or member of promoter group) pursuant to Regulation 17(6)(e)(i) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    Against quant Mutual Fund
    • quant Mutual FundCompliant with law. No concern on the merit of the proposed appointees. Proposed remuneration to promoter executive directors exceeds 5% of net profits, resulting in disproportionate compensation allocation to the promoter group.
    11 for1 against
  • To approve payment of annual remuneration to Mr. Kulin Lalbhai, Vice Chairman (Executive Director part of promoter or member of promoter group) pursuant to Regulation 17(6)(e)(i) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    Against quant Mutual Fund
    • quant Mutual FundCompliant with law. No concern on the merit of the proposed appointees. Proposed remuneration to promoter executive directors exceeds 5% of net profits, resulting in disproportionate compensation allocation to the promoter group.
    11 for1 against
  • To approve payment of aggregate annual remuneration to Executive Directors who are promoters or members of promoter group pursuant to Regulation 17(6)(e)(ii) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.MoreLess
    Against quant Mutual Fund
    • quant Mutual FundCompliant with law. No concern on the merit of the proposed appointees. Proposed remuneration to promoter executive directors exceeds 5% of net profits, resulting in disproportionate compensation allocation to the promoter group.
    11 for1 against
8 proposals not matched to one resolution
  • 2) Revise remuneration of Sanjay Lalbhai (DIN: 00008329) as Executive Chairperson in excess of regulatory thresholds till end of his tenure on 31 March 2027.
    1 for0 against
  • 3) Revise remuneration of Punit Lalbhai (DIN: 05125502) as Executive Vice-Chairperson as minimum remuneration and in excess of regulatory thresholds till end of his tenure on 31 July 2027.
    1 for0 against
  • 4) Revise remuneration of Kulin Lalbhai (DIN: 05206878) as Executive Vice-Chairperson as minimum remuneration and in excess of regulatory thresholds till end of his tenure on 31 July 2027.
    1 for0 against
  • 5) Approve remuneration payable to promoter Executive Directors, in excess of regulatory thresholds, till the end of their current tenures.
    1 for0 against
  • Approve remuneration payable to promoter Executive Directors, in excess of regulatory thresholds, till the end of their current tenures
    2 for0 against
  • Revise remuneration of Kulin Lalbhai (DIN: 05206878) as Executive Vice-Chairperson as minimum remuneration and in excess of regulatory thresholds till end of his tenure on 31 July 2027
    2 for0 against
  • Revise remuneration of Punit Lalbhai (DIN: 05125502) as Executive Vice-Chairperson as minimum remuneration and in excess of regulatory thresholds till end of his tenure on 31 July 2027
    2 for0 against
  • Revise remuneration of Sanjay Lalbhai (DIN: 00008329) as Executive Chairperson in excess of regulatory thresholds till end of his tenure on 31 March 2027
    2 for0 against

Mutual fund votes, meeting of 8 Aug 2025, 15 fund houses

  • To receive, consider and adopt the audited financial statements [including consolidated financial statements] of the Company for the financial year ended 31st March, 2025 and the reports of the Directors and Auditors thereon.MoreLess
    15 for0 against
  • To declare dividend on equity shares for the financial year ended 31st March, 2025.
    15 for0 against
  • To appoint a Director in place of Mr. Sanjay Lalbhai (DIN: 00008329), who retires by rotation and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Dual position of Chairman and Managing Director. Concentration of power in the hands of a single person. Board is non-compliant with the requirement of Independent Directors. Chairman of the Board, should be held accountable Board Non-Compliance.
    • Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merit. Governance concern: Dual position of CMD. Concentration of power in the hands of a single person. Board is non-compliant with the requirement of Independent Directors. Chairman of the Board, should be held accountable Board NonCompliance.
    12 for3 against
  • To appoint a Director in place of Mr. Jayesh Shah (DIN: 00008349), who retires by rotation and being eligible, offers himself for re-appointment
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of Independent Directors.
    • Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merit. Governance concern: Board is non-compliant with the requirement of Independent Directors
    12 for3 against
  • To appoint M/s. Hitesh Buch & Associates, Company Secretaries as Secretarial Auditors of the Company for term of five consecutive years commencing from financial year 2025-26 till financial year 2029-30MoreLess
    15 for0 against
  • Ratification of the remuneration of Kiran J. Mehta and Co., Cost Accountants for the financial year ending 31st March, 2026.
    15 for0 against

Mutual fund votes, meeting of 30 May 2025, 16 fund houses

  • To approve Scheme of Arrangement involving transfer and vesting of the Advanced Materials Undertaking of Arvind Limited to Arvind Advanced Materials Limited and their respective shareholders and creditorsMoreLess
    Against Groww Mutual Fund
    • Groww Mutual FundCompliant with law. Governance Concern: Transfer/Sale is proposed at Book Value and there exists a possibility of dilution of the Company’ stake in AAML i.e. 100% subsidiary.
    15 for1 against

Mutual fund votes, meeting of 21 Sep 2024, 13 fund houses

  • Appointment of Ms. Reena Bhagwati as an Independent Director of the Company
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with Law. Governance concern: Holding 2 full-time positions.
    11 for2 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 Jun 2026.

  • Unlisted stake boughtARVIND ATELIER (FZC)Since 20 Apr 2026

    80.00% bought in the quarter; holding 80.00%, from 0.00%

  • Unlisted stake boughtArvind Advanced Materials US TopCo Inc.Since 5 May 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

  • Unlisted stake boughtArvind Advanced Materials US HoldCo Inc.Since 5 May 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

  • Unlisted stake boughtDalco GF Technologies, LLCSince 6 May 2026

    60.64% bought in the quarter; holding 60.64%, 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

At most 1 complaint open, quarter to Mar 2025.
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.