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Ashok Leyland CEO, MD, chairman, board of directors and AGM

NSE: ASHOKLEYBSE: 500477Agricultural, Commercial & Construction VehiclesMid Cap

Last close ₹144.95down ₹1.08 (0.74%)BSE ₹145.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹146.03.

52-week range of traded prices to 23 Oct 2026
₹135.82Low, 24 Oct 2025₹215.42High, 11 Feb 2026
Market cap
₹85,142 Cr107th largest listed
P/E
24.5
P/E without one-offs
22.1
P/B
6.0
Dividend yield
2.41%
ROE
26.3%
ROE without one-offs
29.2%
ROCE
11.9%
Debt to equity
3.45
Volume, NSE
1,72,34,07450.8% delivered

Ashok Leyland 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

  • ChairpersonDHEERAJ GOPICHAND HINDUJARelated to the promoter
  • Managing director and CEOSHENU AGARWAL
  • Company Secretary and Compliance OfficerN Ramanathan

11 directors6 independent3 executive2 non-executive

  • DHEERAJ GOPICHAND HINDUJA · ChairpersonExecutive · joined Sep 1996 · reappointed Nov 2024 · 1 listed board · 1 committee seat
  • SANJAY KHATAU ASHERNon-executive · joined Aug 2024 · reappointed Oct 2024 · 7 listed boards · 5 as independent · 9 committee seats, 1 as chair
  • SAUGATA GUPTA · Shareholder DirectorIndependent · joined Nov 2019 · reappointed Jul 2024 · 79 months as independent · 2 listed boards · 1 as independent · 2 committee seats
  • SHOM ASHOK HINDUJANon-executive · joined Nov 2021 · reappointed Jul 2024 · 2 listed boards
  • SHENU AGARWAL · Managing director and CEOExecutive · joined Dec 2022 · reappointed Dec 2022 · 1 listed board · 1 committee seat
  • THOMAS DAUNER · Shareholder DirectorIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • VENKATARAMANI SUMANTRAN · Shareholder DirectorIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • SVEN CHRISTOPH ENNERST · Shareholder DirectorIndependent · joined Jun 2025 · reappointed Jun 2025 · 13 months as independent · 1 listed board · 1 as independent
  • SRIDHARAN KESAVAN · Shareholder DirectorIndependent · joined Aug 2025 · reappointed Aug 2025 · 10 months as independent · 1 listed board · 1 as independent · 3 committee seats, 2 as chair
  • GEETA MATHUR · Shareholder DirectorIndependent · joined Aug 2025 · reappointed Aug 2025 · 10 months as independent · 6 listed boards · 6 as independent · 9 committee seats, 4 as chair
  • KIDAMBI MANI BALAJIExecutive · joined May 2026 · reappointed May 2026 · 1 listed board · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • GOPAL MAHADEVAN, left 23 May 2026: Others
  • JOSE MARIA ALAPONT, left 2 Sep 2025: Others
  • MANISHA GIROTRA, left 28 Jun 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 28 May 202610 of 11 present5 independent · 36 days in between
    • 21 Apr 202611 of 11 present6 independent · 24 days in between
    • 27 Mar 202611 of 11 present6 independent · 43 days in between
    • 11 Feb 202611 of 11 present6 independent

  • Audit Committee

    Chair SRIDHARAN KESAVAN

    GEETA MATHUR, SANJAY KHATAU ASHER, SAUGATA GUPTA, THOMAS DAUNER

    • 27 May 20264 of 5 present3 independent · 67 days in between
    • 20 Mar 20265 of 5 present4 independent · 37 days in between
    • 10 Feb 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair SAUGATA GUPTA

    VENKATARAMANI SUMANTRAN, SRIDHARAN KESAVAN

    • 28 May 20263 of 3 present3 independent · 36 days in between
    • 21 Apr 20263 of 3 present3 independent · 69 days in between
    • 10 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair VENKATARAMANI SUMANTRAN

    DHEERAJ GOPICHAND HINDUJA, SHENU AGARWAL

    • 25 May 20263 of 3 present1 independent · 103 days in between
    • 10 Feb 20263 of 3 present1 independent

  • Risk Management Committee

    Chair VENKATARAMANI SUMANTRAN

    SANJAY KHATAU ASHER, SHENU AGARWAL

    • 24 Apr 20264 of 4 present1 independent · 2 days in between
    • 21 Apr 20264 of 4 present1 independent · 32 days in between
    • 19 Mar 20264 of 4 present1 independent

  • Corporate Social Responsibility Committee

    Chair DHEERAJ GOPICHAND HINDUJA

    SANJAY KHATAU ASHER, SHENU AGARWAL, VENKATARAMANI SUMANTRAN

    • 25 May 20264 of 4 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.

  • Price Waterhouse & Co Chartered Accountants LLPPeer-review certificate valid to Nov 2026

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.

Ashok Leyland 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.Ashok Leyland dividend history

Annual general meeting, 14 Aug 2026

16,71,488 shareholders on the register on 7 Aug 2026; present: 1 promoter and 141 others; votes counted by B CHANDRA / B CHANDRA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon. and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.87% · promoters 100.00% · institutions 81.27% · other public 7.01%

  2. To confirm the 1st interim dividend of Re.1.00 per equity share and the 2nd interim dividend of Rs. 2.50 per equity share and consider the same as final dividend for the financial year ended on March 31, 2026MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.89% · promoters 100.00% · institutions 81.31% · other public 7.01%

  3. To appoint a Director in place of Mr. Shom Ashok Hinduja (DIN: 07128441) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.15% for0.85% against

    Against: promoters 0.00% · institutions 2.31% · other public 0.14%

    Turnout: all 81.89% · promoters 100.00% · institutions 81.31% · other public 7.01%

  4. To ratify payment of remuneration to Messers. Geeyes & Co., Cost & Management Accountants, (Firm Registration No. 000044), for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.89% · promoters 100.00% · institutions 81.31% · other public 7.01%

  5. To pay commission to Non-Executive Directors for a period of five years, commencing from the financial year 2026-27.
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.24% · other public 0.18%

    Turnout: all 81.89% · promoters 100.00% · institutions 81.31% · other public 7.01%

  6. To reappoint Mr. Dheeraj G Hinduja (DIN: 00133410) as the Executive Chairman (Whole-time) of the Company, liable to retire by rotation, for a period of three years commencing from November 26, 2026 to November 25, 2029MoreLess
    Ordinary
    92.47% for7.53% against

    Against: promoters 0.00% · institutions 20.67% · other public 0.15%

    Turnout: all 81.72% · promoters 100.00% · institutions 80.85% · other public 7.01%

  7. To appoint Mr. K M Balaji, (DIN: 08064743) as Whole time director of the Company, liable to retire by rotation.
    Ordinary
    98.13% for1.87% against

    Against: promoters 0.00% · institutions 5.11% · other public 0.19%

    Turnout: all 81.89% · promoters 100.00% · institutions 81.31% · other public 7.01%

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, 5 Oct 2025, 2 resolutions

14,70,273 shareholders on the register on 29 Aug 2025; votes counted by B CHANDRA / B CHANDRA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Ms. Geeta Mathur (DIN: 02139552) as a Non-Executive Independent Women Director with effect from August 25, 2025
    Special
    98.31% for1.69% against

    Against: promoters 0.00% · institutions 4.39% · other public 0.29%

    Turnout: all 84.41% · promoters 100.00% · institutions 86.42% · other public 7.92%

  2. Appointment of Mr. Sridharan Kesavan (DIN:00051976) as a Non-Executive Independent Director with effect from August 25, 2025
    Special
    96.48% for3.52% against

    Against: promoters 0.00% · institutions 9.55% · other public 0.29%

    Turnout: all 82.30% · promoters 100.00% · institutions 80.78% · other public 7.92%

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, 14 Aug 2025, 5 resolutions

14,75,451 shareholders on the register on 7 Aug 2025; present: 1 promoter and 121 others; votes counted by B CHANDRA / B CHANDRA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon. and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of Auditors thereon.MoreLess
    Ordinary
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 0.74% · other public 0.03%

    Turnout: all 83.01% · promoters 100.00% · institutions 83.29% · other public 7.28%

  2. To confirm the 1st interim dividend of Rs.2.00 per equity share and the 2nd interim dividend of Rs. 4.25 per equity share and consider the same as final dividend for the financial year ended on March 31, 2025.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.04% · promoters 100.00% · institutions 83.35% · other public 7.28%

  3. To appoint a Director in place of Mr. Gopal Mahadevan (DIN: 01746102) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    97.56% for2.44% against

    Against: promoters 0.00% · institutions 6.52% · other public 0.11%

    Turnout: all 83.02% · promoters 100.00% · institutions 83.31% · other public 7.28%

  4. Appointment of Messrs. B.Chandra and Associates, Practicing Company Secretaries, Chennai (Firm Reg. No.: P2017TN065700) as Secretarial Auditors of the Company for a term of upto 5 (Five) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of 81st (Eighty First) AGM of the Company to be held in the Year 2030.MoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.13% · other public 0.08%

    Turnout: all 83.04% · promoters 100.00% · institutions 83.35% · other public 7.28%

  5. Appointment of Mr. Sven Christoph Ennerst (DIN: 10942860) as Non-Executive Independent director who was appointed as an Additional Director of the Company by the Board of Directors with effect from June 1, 2025MoreLess
    Special
    98.93% for1.07% against

    Against: promoters 0.00% · institutions 2.84% · other public 0.17%

    Turnout: all 83.04% · promoters 100.00% · institutions 83.35% · other public 7.28%

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.

Postal ballot, 6 Jul 2025, 7 resolutions

14,50,983 shareholders on the register on 30 May 2025; votes counted by B CHANDRA / B CHANDRA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To approve Issue of Bonus Shares
    Ordinary
    96.76% for3.24% against

    Against: promoters 0.00% · institutions 8.57% · other public 0.24%

    Turnout: all 75.71% · promoters 90.34% · institutions 76.96% · other public 7.90%

  2. To approve Material Related Party Transactions with TVS Trucks and Buses Private Limited for the FY 2025-26.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.24%

    Turnout: all 29.54% · promoters 0.00% · institutions 76.96% · other public 7.89%

  3. To approve Material Related Party Transactions with AML Motors Private Limited for the FY 2025-26.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.28%

    Turnout: all 29.54% · promoters 0.00% · institutions 76.96% · other public 7.89%

  4. To approve Material Related Party Transactions with Switch Mobility Automotive Limited for the FY 2025-26.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.20%

    Turnout: all 29.54% · promoters 0.00% · institutions 76.96% · other public 7.89%

  5. To approve Material Related Party Transactions between Switch Mobility Automotive Limited and OHM Global Mobility Private Limited for the FY 2025-26, the Company’s Subsidiaries.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.23%

    Turnout: all 29.54% · promoters 0.00% · institutions 76.96% · other public 7.89%

  6. To approve Material Related Party Transactions with TVS Vehicle Mobility Solution Private Limited for the FY 2026-27 .
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.23%

    Turnout: all 29.54% · promoters 0.00% · institutions 76.96% · other public 7.89%

  7. To ratify the remuneration payable to Cost Auditors, Messer's. Geeyes & Co., Cost & Management Accountants, (Firm Registration No.000044), for the financial year ended March 31, 2025.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.30%

    Turnout: all 75.70% · promoters 90.34% · institutions 76.92% · other public 7.89%

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, 22 Mar 2025, 2 resolutions

14,81,657 shareholders on the register on 7 Feb 2025; votes counted by B CHANDRA / B CHANDRA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval of Material Related Party Transactions as entered into by the Company with AML Motors Private Limited, a ‘Related Party’ of the Company’s subsidiary (i.e., Global TVS Bus Body Builders Limited) as per Section 2(76) of the Companies Act, 2013, for FY 2023-24.MoreLess
    Ordinary
    97.73% for2.27% against

    Against: promoters 0.00% · institutions 2.34% · other public 0.25%

    Turnout: all 29.27% · promoters 0.00% · institutions 76.58% · other public 7.75%

  2. Approval of Related Party Transactions entered or to be entered with AML Motors Private Limited, a ‘Related Party’ of the Company’s subsidiary (i.e., Global TVS Bus Body Builders Limited) as per Section 2(76) of the Companies Act, 2013, for the FY 2024-25.MoreLess
    Ordinary
    97.73% for2.27% against

    Against: promoters 0.00% · institutions 2.34% · other public 0.21%

    Turnout: all 29.27% · promoters 0.00% · institutions 76.58% · other public 7.75%

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

Postal ballot, 31 Dec 2024, 3 resolutions

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

  1. Approval for Material Related Party Transactions with TVS Vehicle Mobility Solution Private Limited for the FY 2024-25
    OrdinaryPromoters have an interest in it
    98.49% for1.51% against
  2. Approval for Material Related Party Transactions with TVS Trucks and Buses Private Limited for the FY 2024-25
    OrdinaryPromoters have an interest in it
    98.48% for1.52% against
  3. Approval for Material Related Party Transactions with TVS Vehicle Mobility Solution Private Limited for the FY 2025-26
    OrdinaryPromoters have an interest in it
    98.48% for1.52% against

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, 23 Oct 2024, 2 resolutions

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

  1. Appointment of Mr. Sanjay K Asher (DIN: 00008221), as a Non- Executive Non-Independent Director of the Company
    Ordinary
    82.88% for17.12% against

    Against: promoters 0.00% · institutions 48.32% · other public 0.32%

    Turnout: all 80.63% · promoters 100.00% · institutions 78.08% · other public 7.81%

  2. Approval of Material Related Party Transactions with Switch Mobility Limited, U.K. for the FY 2024-25
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.97%

    Turnout: all 29.51% · promoters 0.00% · institutions 78.08% · other public 7.70%

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

Annual general meeting, 25 Jul 2024, 13 resolutions

Present: 0 promoters and 100 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:n(a) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon; andn(b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.55% · promoters 100.00% · institutions 71.51% · other public 6.75%

  2. To confirm the interim dividend of Rs. 4.95 per equity share and consider the same as final dividend for the financial year ended on March 31, 2024.
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.57% · other public 0.07%

    Turnout: all 78.30% · promoters 100.00% · institutions 73.63% · other public 6.75%

  3. To appoint a Director in place of Mr. Shom Ashok Hinduja (DIN: 07128441) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 2.66% · other public 0.18%

    Turnout: all 78.30% · promoters 100.00% · institutions 73.63% · other public 6.75%

  4. To Re-appoint Mr.Saugata Gupta (DIN: 05251806) as an Independent Director for a second term of 5 (five) consecutive years on the Board of the Company from November 8, 2024 till November 7, 2029.
    Special
    94.35% for5.65% against

    Against: promoters 0.00% · institutions 16.82% · other public 0.28%

    Turnout: all 78.30% · promoters 100.00% · institutions 73.63% · other public 6.75%

  5. To appoint Dr.V Sumantran (DIN: 02153989) as an Independent Director for a term of 5 (five) consecutive years on the Board of the Company from May 24, 2024 till May 23, 2029
    Special
    98.09% for1.91% against

    Against: promoters 0.00% · institutions 5.72% · other public 0.13%

    Turnout: all 77.94% · promoters 100.00% · institutions 72.60% · other public 6.75%

  6. To appoint Mr.Thomas Dauner (DIN: 10642122) as an Independent Director for a term of 5 (five) consecutive years on the Board of the Company from June 4, 2024 till June 3, 2029.
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.24% · other public 0.19%

    Turnout: all 77.94% · promoters 100.00% · institutions 72.60% · other public 6.75%

  7. To re-appoint Mr.Dheeraj G Hinduja (DIN : 00133410) as the Executive Chairman (Whole-time) liable to retire by rotation, for a period of two years commencing from November 26, 2024 to November 25, 2026 and approve the remuneration.MoreLess
    Ordinary
    85.73% for14.27% against

    Against: promoters 0.00% · institutions 42.46% · other public 0.20%

    Turnout: all 78.30% · promoters 100.00% · institutions 73.63% · other public 6.75%

  8. To re-appoint Mr. Gopal Mahadevan (DIN: 01746102) as Whole-time Director, liable to retire by rotation, designated as Director – Strategic Finance and M&A for a period of two years from May 24, 2024 to May 23, 2026 and approve the remuneration.MoreLess
    Ordinary
    94.28% for5.72% against

    Against: promoters 0.00% · institutions 17.00% · other public 0.22%

    Turnout: all 78.30% · promoters 100.00% · institutions 73.63% · other public 6.75%

  9. To ratify the remuneration payable to Cost Auditors, Messers.Geeyes & Co., Cost & Management Accountants, (Firm Registration No.000044), for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 78.29% · promoters 100.00% · institutions 73.60% · other public 6.75%

  10. To approve Material Related Party Transactions with TVS Mobility Private Limited for the FY 2025-26.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 27.18% · promoters 0.00% · institutions 73.63% · other public 6.62%

  11. To approve Material Related Party Transactions with Switch Mobility Automotive Limited for the FY 2024-25.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 27.18% · promoters 0.00% · institutions 73.63% · other public 6.62%

  12. To approve Material Related Party Transactions for FY 2024-25 between Switch Mobility Automotive Limited and OHM Global Mobility Private Limited, the Company’s Subsidiaries.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 27.18% · promoters 0.00% · institutions 73.63% · other public 6.62%

  13. To approve Amendment to Articles of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 78.30% · promoters 100.00% · institutions 73.63% · other public 6.75%

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

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 14 Aug 2026, 16 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon. and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereon.MoreLess
    16 for0 against
  • To confirm the 1st interim dividend of Re.1.00 per equity share and the 2nd interim dividend of Rs. 2.50 per equity share and consider the same as final dividend for the financial year ended on March 31, 2026MoreLess
    16 for0 against
  • To appoint a Director in place of Mr. Shom Ashok Hinduja (DIN: 07128441) who retires by rotation and being eligible, offers himself for re-appointment.
    16 for0 against
  • To ratify payment of remuneration to Messers. Geeyes & Co., Cost & Management Accountants, (Firm Registration No. 000044), for the financial year ended March 31, 2026
    16 for0 against
  • To pay commission to Non-Executive Directors for a period of five years, commencing from the financial year 2026-27.
    16 for0 against
  • To reappoint Mr. Dheeraj G Hinduja (DIN: 00133410) as the Executive Chairman (Whole-time) of the Company, liable to retire by rotation, for a period of three years commencing from November 26, 2026 to November 25, 2029MoreLess
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Helios Mutual Fund, HSBC Mutual Fund, Navi Mutual Fund, Old Bridge Mutual Fund
    • Angel One Mutual FundGovernance concern: Holding a combined position as Chairman and Executive Director and skewed remuneration practice in favour of Promoter Executive Directors. Transparency concern: There is lack of clarity regarding the remuneration drawn from the subsidiary.
    • Edelweiss Mutual Fund, Helios Mutual Fund, Navi Mutual Fund, Old Bridge Mutual FundRe-appointment Compliant with law. No concern on merit of Director. Governance concern: Holding a combined position as Chairman and Executive Director and skewed remuneration practice in favour of Promoter Executive Directors. Transparency concern: There is lack of clarity regarding the remuneration drawn from the subsidiary.
    • HSBC Mutual FundThere are no disclosures on the threshold and target performance that he needs to achieve based on which payouts under variable element will be made. The proposed pay is positioned competitively, compared to industry peers. The resolution provides discretion to NRC to revise the executive's remuneration.
    10 for6 against
  • To appoint Mr. K M Balaji, (DIN: 08064743) as Whole time director of the Company, liable to retire by rotation.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Helios Mutual Fund, Navi Mutual Fund, Old Bridge Mutual Fund
    • Angel One Mutual FundTransparency concern: There is a lack of clarity regarding the remuneration drawn from the subsidiary.
    • Edelweiss Mutual Fund, Helios Mutual Fund, Navi Mutual Fund, Old Bridge Mutual FundAppointment Compliant with law. No concern on merit of Director. Transparency concern: There is a lack of clarity regarding the remuneration drawn from the subsidiary.
    11 for5 against

Mutual fund votes, meeting of 5 Oct 2025, 28 fund houses

  • Appointment of Ms. Geeta Mathur (DIN: 02139552) as a Non-Executive Independent Women Director with effect from August 25, 2025
    28 for0 against
  • Appointment of Mr. Sridharan Kesavan (DIN:00051976) as a Non-Executive Independent Director with effect from August 25, 2025
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Bank of India Mutual Fund, Baroda BNP Paribas Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, WhiteOak Capital Mutual Fund
    • Angel One Mutual Fund, Nippon India Mutual FundGovernance concern: Prolonged association with the Group; Ex-executive/ Ex-employee of the Company.
    • Axis Mutual Fund, Bank of India Mutual Fund, DSP Mutual Fund, Jio BlackRock Mutual FundSridharan Kesavan, 72, is the former Chief Financial Officer of Ashok Leyland Limited, where he worked for thirty-two years in the finance function, covering budget and management reporting, taxation, and corporate treasury. He superannuated from the company in August 2013. He has also served as the Chief Executive Officer of Hinduja Tech Limited. While his appointment as Independent Director is in line with the statutory requirements, Sridharan Kesavan has been on the board of several subsidiaries and associates of Ashok Leyland Limited and other Hinduja Group companies, including Gulf Ashley Motor Limited, Hinduja Tech Limited, Ashley Investments Limited, Hinduja Leyland Finance Limited, among others, since 2004. His overall association with the group has exceeded ten years. We do not support the appointment of Independent Directors if their aggregate tenure with the company or the promoter group exceeds ten years during the proposed term as we believe that this is not in line with the spirit of the regulations. Therefore, we are unable to support his appointment as Independent Director. We do not support the resolution.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: Prolonged association with the Group; Ex-executive/ Ex-employee of the Company.
    • Baroda BNP Paribas Mutual FundCompliant with law. No concerns regarding his profile & time commitment. Governance concern: Prolonged association with the Group; Ex-executive/ Ex-employee of the Company. Overall, Mr. Kesavan has been associated with Ashok Leyland and other Hinduja Group companies since 1982, spanning a professional relationship of more than 4 decades, without serving any cooling off period of three consecutive years. Hence should not be nominated as independent director.
    • HDFC Mutual FundSridharan Kesavan, 72, is the former Chief Financial Officer of Ashok Leyland Limited. He superannuated from the company in August 2013. Mr. Sridharan Kesavan has been on the board of several subsidiaries and associates of Ashok Leyland Limited and other Hinduja Group companies. His overall association with the group has exceeded ten years. We do not support the appointment of Independent Directors if their aggregate tenure with the company or the promoter group exceeds ten years during the proposed term. We do not support the resolution.
    • Invesco Mutual FundSridharan Kesavan, 72, is the former Chief Financial Officer of Ashok Leyland Limited, where he worked for thirty-two years in the finance function, covering budget and management reporting, taxation, and corporate treasury. He superannuated from the company in August 2013. He has also served as the Chief Executive Officer of Hinduja Tech Limited. While his appointment as Independent Director is in line with the statutory requirements, Sridharan Kesavan has been on the board of several subsidiaries and associates of Ashok Leyland Limited and other Hinduja Group companies, including Gulf Ashley Motor Limited, Hinduja Tech Limited, Ashley Investments Limited, Hinduja Leyland Finance Limited, among others, since 2004. His overall association with the group has exceeded ten years. We do not support the appointment of Independent Directors if their aggregate tenure with the company or the promoter group exceeds ten years during the proposed term as we believe that this is not in line with the spirit of the regulations. Therefore, we are unable to support his appointment as Independent Director. We do not support the resolution
    • WhiteOak Capital Mutual FundSridharan Kesavan, 72, is the former Chief Financial Officer of Ashok Leyland Limited. Sridharan Kesavan has been on the board of several subsidiaries and associates of Ashok Leyland Limited since 2004. Given, his overall association with the group has exceeded ten years, we are unable to support his appointment as Independent Director. We do not support the resolution.
    13 for15 against
6 earlier meetings

Mutual fund votes, meeting of 14 Aug 2025, 28 fund houses

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

  • To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon. and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of Auditors thereon.MoreLess
    28 for0 against
  • To confirm the 1st interim dividend of Rs.2.00 per equity share and the 2nd interim dividend of Rs. 4.25 per equity share and consider the same as final dividend for the financial year ended on March 31, 2025.MoreLess
    27 for0 against
  • To appoint a Director in place of Mr. Gopal Mahadevan (DIN: 01746102) who retires by rotation and being eligible, offers himself for re-appointment.
    27 for0 against
  • Appointment of Messrs. B.Chandra and Associates, Practicing Company Secretaries, Chennai (Firm Reg. No.: P2017TN065700) as Secretarial Auditors of the Company for a term of upto 5 (Five) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of 81st (Eighty First) AGM of the Company to be held in the Year 2030.MoreLess
    27 for0 against
  • Appointment of Mr. Sven Christoph Ennerst (DIN: 10942860) as Non-Executive Independent director who was appointed as an Additional Director of the Company by the Board of Directors with effect from June 1, 2025MoreLess
    28 for0 against
3 proposals not matched to one resolution
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 6 Jul 2025, 25 fund houses

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

  • To approve Issue of Bonus Shares
    25 for0 against
  • To approve Material Related Party Transactions with TVS Trucks and Buses Private Limited for the FY 2025-26.
    25 for0 against
  • To approve Material Related Party Transactions with AML Motors Private Limited for the FY 2025-26.
    25 for0 against
  • To approve Material Related Party Transactions with Switch Mobility Automotive Limited for the FY 2025-26.
    25 for0 against
  • To approve Material Related Party Transactions between Switch Mobility Automotive Limited and OHM Global Mobility Private Limited for the FY 2025-26, the Company’s Subsidiaries.
    24 for0 against
  • To approve Material Related Party Transactions with TVS Vehicle Mobility Solution Private Limited for the FY 2026-27 .
    24 for0 against
  • To ratify the remuneration payable to Cost Auditors, Messer's. Geeyes & Co., Cost & Management Accountants, (Firm Registration No.000044), for the financial year ended March 31, 2025.
    24 for0 against
3 proposals not matched to one resolution
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 22 Mar 2025, 22 fund houses

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

  • Approval of Material Related Party Transactions as entered into by the Company with AML Motors Private Limited, a ‘Related Party’ of the Company’s subsidiary (i.e., Global TVS Bus Body Builders Limited) as per Section 2(76) of the Companies Act, 2013, for FY 2023-24.MoreLess
    Against Edelweiss Mutual Fund
    • Edelweiss Mutual FundNon-Compliant under SEBI (LODR) Regulations: Prior Approval not sought for material transactions during FY 2023-24.
    0 for1 against
  • Approval of Related Party Transactions entered or to be entered with AML Motors Private Limited, a ‘Related Party’ of the Company’s subsidiary (i.e., Global TVS Bus Body Builders Limited) as per Section 2(76) of the Companies Act, 2013, for the FY 2024-25.MoreLess
    Against Edelweiss Mutual Fund
    • Edelweiss Mutual FundNon-Compliant under SEBI (LODR) Regulations: Prior Approval not sought for material transactions during FY 2024-25.
    1 for1 against
9 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • 1) Ratify material related party transactions with AML Motors Private Limited (AML) for Rs. 14.9 bn for FY24.
    1 for0 against
  • 2) Approve material related party transaction with AML Motors Private Limited (AML) for Rs. 15.0 bn for FY25.
    1 for0 against
  • Approval of Material Related Party Transactions between the Company and AML Motors Private Limited with respect to Sale of vehicles, spares, engines, components and materials, Sales return / purchases, Providing and availing of services, Other income / expenses (Incentive / Commission / Discount etc.,), Reimbursement /Recovery of expenditure, Warranty recovery / reimbursement / sales promotion / sharing of space etc., for the FY 2024- 25, for an aggregate value Rs. 1500 crores, which would be in excess of Rs. 1,000 Crores or 10% of the annual consolidated turnover as per the Company’s last audited financial statements, whichever is lower.MoreLess
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant under SEBI (LODR) Regulations: Prior Approval not sought for material transactions during FY 2024-25.
    14 for2 against
  • Approve material related party transaction with AML Motors Private Limited (AML) for Rs. 15.0 bn for FY25
    2 for0 against
  • Approve Material Related Party Transactions between the Company and AML Motors Private Limited for the FY 2023-2024
    1 for0 against
  • Approve Material Related Party Transactions between the Company and AML Motors Private Limited for the FY 2024-2025
    1 for0 against
  • Ratification of Material Related Party Transactions between the Company and AML Motors Private Limited with respect to Sale of vehicles, spares, engines, components and materials, Sales return / purchases, Providing and availing of services, Other income / expenses (Incentive / Commission / Discount etc.,), Reimbursement /Recovery of expenditure, Warranty recovery / reimbursement / sales promotion / sharing of space etc., for FY 2023- 24, for an aggregate value of Rs. 1,485 Crores, in ordinary course of business and at arm’s length basis during the Financial Year 2023- 24.MoreLess
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant under SEBI (LODR) Regulations: Prior Approval not sought for material transactions during FY 2023-24.
    14 for2 against
  • Ratify material related party transactions with AML Motors Private Limited (AML) for Rs. 14.9 bn for FY24
    2 for0 against

Mutual fund votes, meeting of 31 Dec 2024, 21 fund houses

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

  • Approval for Material Related Party Transactions with TVS Vehicle Mobility Solution Private Limited for the FY 2024-25
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundProposed transactions are compliant with law. Governance & Transparency Concern: It is unclear how proposed transactions fall within the ordinary course of business- No clarification on why sale/purchase of assets are considered to be in the ordinary course of business.
    14 for3 against
  • Approval for Material Related Party Transactions with TVS Trucks and Buses Private Limited for the FY 2024-25
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundProposed transactions are compliant with law. Governance & Transparency Concern: It is unclear how proposed transactions fall within the ordinary course of business- No clarification on why sale/purchase of assets are considered to be in the ordinary course of business
    17 for3 against
  • Approval for Material Related Party Transactions with TVS Vehicle Mobility Solution Private Limited for the FY 2025-26
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundProposed transactions are compliant with law. Governance & Transparency Concern: It is unclear how proposed transactions fall within the ordinary course of business- No clarification on why sale/purchase of assets are considered to be in the ordinary course of business
    14 for3 against
7 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • 1) Approve material related party transactions with TVS Vehicle Mobility Solution Private Limited (TVMSPL) in excess of Rs. 10.0 bn or 10% of consolidated turnover, whichever is lower, for FY25.
    1 for0 against
  • 2) Approve material related party transactions with TVS Vehicle Mobility Solution Private Limited (TVMSPL) in excess of Rs. 10.0 bn or 10% of consolidated turnover, whichever is lower, for FY26.
    1 for0 against
  • Approve material related party transactions with TVS Vehicle Mobility Solution Private Limited (TVMSPL) in excess of Rs. 10.0 bn or 10% of consolidated turnover, whichever is lower, for FY25
    2 for0 against
  • Approve material related party transactions with TVS Vehicle Mobility Solution Private Limited (TVMSPL) in excess of Rs. 10.0 bn or 10% of consolidated turnover, whichever is lower, for FY26
    2 for0 against

Mutual fund votes, meeting of 23 Oct 2024, 22 fund houses

  • Appointment of Mr. Sanjay K Asher (DIN: 00008221), as a Non- Executive Non-Independent Director of the Company
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on merit of the appointee. Governance concerns: Ex-Independent Director continuing as NonIndependent Non-Executive Director without serving a cooling-off period. Excessive time commitments.
    18 for4 against
  • Approval of Material Related Party Transactions with Switch Mobility Limited, U.K. for the FY 2024-25
    22 for0 against

Mutual fund votes, meeting of 25 Jul 2024, 28 fund houses

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

  • To receive, consider and adopt:n(a) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon; andn(b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of Auditors thereonMoreLess
    25 for0 against
  • To confirm the interim dividend of Rs. 4.95 per equity share and consider the same as final dividend for the financial year ended on March 31, 2024.
    28 for0 against
  • To appoint a Director in place of Mr. Shom Ashok Hinduja (DIN: 07128441) who retires by rotation and being eligible, offers himself for re-appointment.
    28 for0 against
  • To Re-appoint Mr.Saugata Gupta (DIN: 05251806) as an Independent Director for a second term of 5 (five) consecutive years on the Board of the Company from November 8, 2024 till November 7, 2029.
    28 for0 against
  • To appoint Dr.V Sumantran (DIN: 02153989) as an Independent Director for a term of 5 (five) consecutive years on the Board of the Company from May 24, 2024 till May 23, 2029
    Against Axis Mutual Fund, Bank of India Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Invesco Mutual Fund, Mirae Asset Mutual Fund, Sundaram Mutual Fund
    • Axis Mutual Fund, Bank of India Mutual Fund, DSP Mutual Fund, Sundaram Mutual FundV Sumantran, 65, is Designated Partner of Celeris Technologies LLP – a strategic advisory firm engaged in the domains of automotive, mobility, digital. He is also Chairperson of InterGlobe Aviation Ltd. In the past, he has worked as Executive Director and CEO passenger car business – Tata Motors and for over ten years with General Motors USA wherein he was Director of Advanced Engineering at GM-Europe. He has also served as Executive Vice-Chairman of Hinduja Automotive, as well as Vice Chairperson of Ashok Leyland from November 2011 to March 2014. We note he serves on the board of four listed companies, including Ashok Leyland. Regulations allow whole-time directors of listed companies to be independent directors in a maximum of three listed companies. We believe that, as Designated Partner and Chairperson of Celeris Technologies, his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on listed companies are not in keeping with the spirit of the regulation.
    • Edelweiss Mutual FundHe was earlier asssociated with Ashok Leyland company, hence cannot be independent
    • Invesco Mutual FundV Sumantran, 65, is Designated Partner of Celeris Technologies LLP – a strategic advisory firm engaged in the domains of automotive, mobility, digital. He is also Chairperson of InterGlobe Aviation Ltd. In the past, he has worked as Executive Director and CEO passenger car business – Tata Motors and for over ten years with General Motors USA wherein he was Director of Advanced Engineering at GM-Europe. He has also served as Executive Vice-Chairman of Hinduja Automotive, as well as Vice Chairperson of Ashok Leyland from November 2011 to March 2014. We note he serves on the board of four listed companies, including Ashok Leyland. Regulations allow whole-time directors of listed companies to be independent directors in a maximum of three listed companies. We believe that, as Designated Partner and Chairperson of Celeris Technologies, his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on listed companies are not in keeping with the spirit of the regulation
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    21 for7 against
  • To appoint Mr.Thomas Dauner (DIN: 10642122) as an Independent Director for a term of 5 (five) consecutive years on the Board of the Company from June 4, 2024 till June 3, 2029.
    28 for0 against
  • To re-appoint Mr.Dheeraj G Hinduja (DIN : 00133410) as the Executive Chairman (Whole-time) liable to retire by rotation, for a period of two years commencing from November 26, 2024 to November 25, 2026 and approve the remuneration.MoreLess
    Against Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, JM Financial Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, JM Financial Mutual FundCompliant with law. Governance & Transparency Concern: Chairman holds executive position, Excessive increase in remuneration & skewed in favour of Promoter Director.
    • HSBC Mutual FundDheeraj Hinduja overall remuneration is deemed to significantly higher than industry standards and market peers of commensurate scale and operations.There are no disclosures on the threshold and target performance that he needs to achieve to determine the commission element.
    • PPFAS Mutual FundChairman holds an executive position, Skewed & excessive increase in remuneration.
    • Zerodha Mutual FundGovernance & Transparency Concern: Chairman holds executive position, Excessive increase in remuneration & skewed in favour of Promoter Director.
    21 for7 against
  • To re-appoint Mr. Gopal Mahadevan (DIN: 01746102) as Whole-time Director, liable to retire by rotation, designated as Director – Strategic Finance and M&A for a period of two years from May 24, 2024 to May 23, 2026 and approve the remuneration.MoreLess
    Against Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, JM Financial Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, JM Financial Mutual FundCompliant with law. transparency concern: Excessive increase in remuneration and No clarity on Past remuneration in excess of limit.
    • PPFAS Mutual FundNo clarity on Past remuneration in excess of limit.
    • Zerodha Mutual FundTransparency concern: Excessive increase in remuneration and No clarity on Past remuneration in excess of limit.
    22 for6 against
  • To ratify the remuneration payable to Cost Auditors, Messers.Geeyes & Co., Cost & Management Accountants, (Firm Registration No.000044), for the financial year ended March 31, 2024.
    28 for0 against
  • To approve Material Related Party Transactions with TVS Mobility Private Limited for the FY 2025-26.
    Against Groww Mutual Fund, JM Financial Mutual Fund
    • Groww Mutual Fund, JM Financial Mutual FundCompliant with Law. Governance Concern: Basis for Arm’s Length pricing not disclosed.
    26 for2 against
  • To approve Material Related Party Transactions with Switch Mobility Automotive Limited for the FY 2024-25.
    27 for0 against
  • To approve Material Related Party Transactions for FY 2024-25 between Switch Mobility Automotive Limited and OHM Global Mobility Private Limited, the Company’s Subsidiaries.
    Against Groww Mutual Fund, JM Financial Mutual Fund
    • Groww Mutual Fund, JM Financial Mutual FundCompliant with Law. Governance Concern: Basis for Arm’s Length pricing not disclosed.
    26 for2 against
  • To approve Amendment to Articles of Association of the Company.
    28 for0 against
2 proposals not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    2 for0 against
  • Related Party Transactions with Switch Mobility Automotive Limited for an aggregate value of all transactions together which would / may exceed Rs. 1,000 Crores or 10% of the annual consolidated turnover as per the Company’s last audited financial statements, whichever is lower for the FY 2024 - 25.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 Jun 2026.

  • Unlisted stake heldTVS Trucks and Buses Private LimitedSince 23 Jun 2026

    0.00% bought in the quarter; holding 49.90%, from 49.90%

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Dec 2024.
The board is made up as the listing rules require
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
Yes

The company's own answers in its filing.