Astec LifeSciences logo

Astec LifeSciences MD, chairman, board of directors and AGM

NSE: ASTECBSE: 533138Fertilizers & AgrochemicalsSmall Cap

Last close ₹663.70down ₹5.50 (0.82%)BSE ₹664.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹669.20.

52-week range of traded prices to 23 Oct 2026
₹513.40Low, 23 Mar 2026₹941.75High, 26 Nov 2025
Market cap
₹1,479 Cr1,284th largest listed
P/E
Lossover the last 12 months
P/B
3.8
Dividend yield
Nonein the last 12 months
ROE
−21.3%
ROCE
−4.6%
Debt to equity
1.15
Volume, NSE
33,48432.9% delivered

Astec LifeSciences 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

  • ChairpersonVishal Sharma
  • Company Secretary and Compliance OfficerTejashree Pradhan

10 directors5 independent1 executive4 non-executive

  • Vishal Sharma · ChairpersonNon-executive · joined Apr 2026 · 2 listed boards · 4 committee seats, 1 as chair
  • Ashok V. HiremathNon-executive · joined Jan 1994 · reappointed Jul 2024 · 2 listed boards · 1 as independent · 2 committee seats, 1 as chair
  • Sunil KatariaNon-executive · joined Sep 2025 · 2 listed boards · 4 committee seats
  • Burjis N. GodrejNon-executive · joined Jul 2022 · reappointed Apr 2026 · 2 listed boards
  • Arijit MukherjeeExecutive · joined Apr 2026 · 1 listed board
  • Rishinaradamangalam Ramakrishna GovindanIndependent · joined Jan 2020 · reappointed Jan 2025 · 77 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Nandkumar DhekneIndependent · joined Dec 2020 · reappointed Dec 2025 · 67 months as independent · 3 listed boards · 3 as independent · 5 committee seats
  • Anjali Rajesh GupteIndependent · joined Dec 2020 · reappointed Dec 2025 · 67 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Ganapati Dadasaheb YadavIndependent · joined Sep 2024 · 21 months as independent · 5 listed boards · 5 as independent · 4 committee seats
  • Mathew EipeIndependent · joined Apr 2026 · 3 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 5 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.

4 directors who left
  • Nadir B. Godrej, left 13 Apr 2026: Others
  • Balram S. Yadav, left 31 Aug 2025: Others
  • Anurag Roy, left 26 Oct 2024: Others
  • Brahma Nand Vyas, left 5 Oct 2024: Others

Committees and meetings

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

  • Board

    • 27 Apr 202610 of 10 present5 independent · 13 days in between
    • 13 Apr 20268 of 8 present4 independent · 72 days in between
    • 30 Jan 20268 of 8 present4 independent

  • Audit Committee

    Chair Rishinaradamangalam Ramakrishna Govindan

    Vishal Sharma, Sunil Kataria, Anjali Rajesh Gupte, Mathew Eipe, Nandkumar Dhekne

    • 27 Apr 20263 of 3 present2 independent · 86 days in between
    • 30 Jan 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Rishinaradamangalam Ramakrishna Govindan

    Vishal Sharma, Anjali Rajesh Gupte

    • 27 Apr 20263 of 3 present2 independent · 13 days in between
    • 13 Apr 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Vishal Sharma

    Nandkumar Dhekne, Rishinaradamangalam Ramakrishna Govindan

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Ashok V. Hiremath

    Sunil Kataria, Vishal Sharma, Rishinaradamangalam Ramakrishna Govindan

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Ashok V. Hiremath

    Vishal Sharma, Rishinaradamangalam Ramakrishna Govindan

    • 27 Apr 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.

  • B S R & CO LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
  • BSR & Co. LLPNamed 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.

Astec LifeSciences 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.Astec LifeSciences dividend history

Annual general meeting, 31 Jul 2026

20,351 shareholders on the register on 24 Jul 2026; present: 3 promoters and 47 others; votes counted by Vikas R. Chomal / Vikas R Chomal and Associates.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the Financial Year ended 31st March, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.87% · promoters 100.00% · institutions 91.00% · other public 11.61%

  2. Re-appointment of Mr. Ashok V. Hiremath (DIN: 00349345) as a Director, liable to retire by rotation, who has offered himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 77.87% · promoters 100.00% · institutions 91.00% · other public 11.61%

  3. Ratification of Remuneration of Ms. Tapan Gaitonde and Co., Cost Accountants, as the Cost Auditor of the Company for the Financial Year ending 31st March, 2027.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.87% · promoters 100.00% · institutions 91.00% · other public 11.61%

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, 4 Jul 2026, 7 resolutions

20,444 shareholders on the register on 29 May 2026; votes counted by CS VIKAS CHOMAL / VIKAS R CHOMAL AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval for Appointment of Mr. Vishal Sharma, Additional Director as a “Director (Non-Executive, Non-Independent)” liable to retire by rotation
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.99% · promoters 100.00% · institutions 90.84% · other public 8.06%

  2. Approval for Appointment of Mr. Burjis N. Godrej, Additional Director as a “Director (Non-Executive, Non-Independent)” liable to retire by rotation
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.99% · promoters 100.00% · institutions 90.84% · other public 8.06%

  3. Approval for Appointment of Mr. Arijit Mukherjee as a “Director” of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.99% · promoters 100.00% · institutions 90.84% · other public 8.06%

  4. Approval for Appointment and Remuneration of Mr. Arijit Mukherjee as an "Executive Director" (while continuing to be the “Chief Operating Officer”)
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 77.00% · promoters 100.00% · institutions 90.84% · other public 8.07%

  5. Approval for Appointment of Mr. Mathew Eipe as an “Independent Director” of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 76.99% · promoters 100.00% · institutions 90.84% · other public 8.06%

  6. Approval for Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2026-27, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    OrdinaryPromoters have an interest in it
    52.86% for47.14% against

    Against: promoters 0.00% · institutions 77.90% · other public 0.31%

    Turnout: all 5.03% · promoters 0.00% · institutions 90.84% · other public 8.07%

  7. Approval for Related Party Transactions entered into or to be entered into with Godrej Industries Limited (Ultimate Holding Company) during the Financial Year 2026-27, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    OrdinaryPromoters have an interest in it
    52.86% for47.14% against

    Against: promoters 0.00% · institutions 77.90% · other public 0.31%

    Turnout: all 5.03% · promoters 0.00% · institutions 90.84% · other public 8.07%

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, 7 Nov 2025, 4 resolutions

18,676 shareholders on the register on 3 Oct 2025; votes counted by VIKAS R. CHOMAL / VIKAS R. CHOMAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Sunil Kataria as a “Non-Executive, Non-Independent Director” of the Company, liable to retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 77.24% · promoters 100.00% · institutions 99.89% · other public 3.47%

  2. Re-appointment of Mr. Nandkumar Dhekne as an “Independent Director” of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 77.24% · promoters 100.00% · institutions 99.89% · other public 3.47%

  3. Re-appointment of Ms. Anjali Gupte as an “Independent Director” of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 77.24% · promoters 100.00% · institutions 99.89% · other public 3.47%

  4. Approval of Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2025-26, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    OrdinaryPromoters have an interest in it
    50.87% for49.13% against

    Against: promoters 0.00% · institutions 59.02% · other public 0.70%

    Turnout: all 4.82% · promoters 0.00% · institutions 99.89% · other public 3.47%

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

Annual general meeting, 28 Jul 2025, 5 resolutions

19,089 shareholders on the register on 21 Jul 2025; present: 3 promoters and 60 others; votes counted by VIKAS R. CHOMAL / VIKAS R. CHOMAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the Financial Year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.21% · promoters 100.00% · institutions 99.44% · other public 1.32%

  2. Re-appointment of Mr. Nadir B. Godrej (DIN: 00066195) as a “Director”, liable to retire by rotation, who has offered himself for re-appointment
    Ordinary
    96.87% for3.13% against

    Against: promoters 0.00% · institutions 58.66% · other public 0.16%

    Turnout: all 75.21% · promoters 100.00% · institutions 99.44% · other public 1.32%

  3. Ratification of Remuneration of M/s. Tapan Gaitonde & Co., Cost Accountants, as the “Cost Auditor” of the Company for the Financial Year ending 31st March, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.21% · promoters 100.00% · institutions 99.44% · other public 1.32%

  4. Appointment of M/s. BNP & Associates, Company Secretaries as the “Secretarial Auditors” of the Company for a term of 5 (five) years from the Financial Year 2025-26 upto the Financial Year 2029-30
    Ordinary
    96.87% for3.13% against

    Against: promoters 0.00% · institutions 58.66% · other public 0.05%

    Turnout: all 75.21% · promoters 100.00% · institutions 99.44% · other public 1.32%

  5. Approval of Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2025-26, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:MoreLess
    OrdinaryNot passedPromoters have an interest in it
    45.80% for54.20% against

    Against: promoters 0.00% · institutions 58.66% · other public 0.13%

    Turnout: all 4.34% · promoters 0.00% · institutions 99.44% · other public 1.32%

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, 30 May 2025, 1 resolution

19,160 shareholders on the register on 25 Apr 2025; votes counted by VIKAS R. CHOMAL / VIKAS R. CHOMAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MR. BURJIS NADIR GODREJ AS THE “MANAGING DIRECTOR” OF THE COMPANY FOR A TERM OF 5 (FIVE) YEARS, WITH EFFECT FROM 1ST APRIL, 2025, I.E., UPTO 31ST MARCH, 2030, WITHOUT ANY REMUNERATION PAYABLE TO HIM IN SUCH CAPACITYMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.49%

    Turnout: all 71.57% · promoters 94.28% · institutions 90.42% · other public 2.61%

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, 15 Mar 2025, 1 resolution

19,337 shareholders on the register on 7 Feb 2025; votes counted by VIKAS R. CHOMAL / VIKAS R. CHOMAL & ASSOCIATES, PRACTICING COMPANY SECRETARIES.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Rishinaradamangalam Ramakrishna Govindan as an “Independent Director” of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 75.99% · promoters 100.00% · institutions 85.58% · other public 4.12%

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, 14 Dec 2024, 4 resolutions

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

  1. Appointment of Dr. Ganapati Dadasaheb Yadav as an Independent Director of the Company
    Special
    96.71% for3.29% against

    Against: promoters 0.00% · institutions 50.08% · other public 0.22%

    Turnout: all 72.61% · promoters 100.00% · institutions 81.79% · other public 3.99%

  2. Appointment of Mr. Arijit Mukherjee, Chief Operating Officer, as the “Manager” of the Company (within the meaning of the Companies Act, 2013)
    Special
    100.00% for0.00% against

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

    Turnout: all 72.61% · promoters 100.00% · institutions 81.79% · other public 3.99%

  3. Approval of Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2024-25, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 5.87% · promoters 0.00% · institutions 81.79% · other public 3.99%

  4. Ratification of the Remuneration of Tapan Gaitonde & Co., Cost & Management Accountants, as the “Cost Auditors” of the Company for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.61% · promoters 100.00% · institutions 81.79% · other public 3.99%

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 Jul 2024, 3 resolutions

Present: 2 promoters and 48 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the Financial Year ended 31st March, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.92% · promoters 100.00% · institutions 89.25% · other public 15.85%

  2. Re-appointment of Mr. Ashok V. Hiremath (DIN: 00349345) as a “Director”, liable to retire by rotation, who has offered himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.51% · other public 0.00%

    Turnout: all 75.92% · promoters 100.00% · institutions 89.25% · other public 15.84%

  3. Ratification of Remuneration of Mr. Paresh Jaysih Sampat, Cost Accountant, Mumbai as the “Cost Auditor” of the Company for the Financial Year ending 31st March, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.92% · promoters 100.00% · institutions 89.25% · other public 15.84%

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

How mutual funds voted

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

Mutual fund votes, meeting of 31 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Adoption of Financial Statements for the Financial Year ended 31st March, 2026.
    1 for0 against
  • Re-appointment of Mr. Ashok V. Hiremath (DIN: 00349345) as a Director, liable to retire by rotation, who has offered himself for re-appointment.
    1 for0 against
  • Ratification of Remuneration of Ms. Tapan Gaitonde and Co., Cost Accountants, as the Cost Auditor of the Company for the Financial Year ending 31st March, 2027.
    1 for0 against

Mutual fund votes, meeting of 4 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Approval for Appointment of Mr. Vishal Sharma, Additional Director as a “Director (Non-Executive, Non-Independent)” liable to retire by rotation
    1 for0 against
  • Approval for Appointment of Mr. Burjis N. Godrej, Additional Director as a “Director (Non-Executive, Non-Independent)” liable to retire by rotation
    1 for0 against
  • Approval for Appointment of Mr. Arijit Mukherjee as a “Director” of the Company
    1 for0 against
  • Approval for Appointment and Remuneration of Mr. Arijit Mukherjee as an "Executive Director" (while continuing to be the “Chief Operating Officer”)
    1 for0 against
  • Approval for Appointment of Mr. Mathew Eipe as an “Independent Director” of the Company
    1 for0 against
  • Approval for Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2026-27, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    1 for0 against
  • Approval for Related Party Transactions entered into or to be entered into with Godrej Industries Limited (Ultimate Holding Company) during the Financial Year 2026-27, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    1 for0 against
6 earlier meetings

Mutual fund votes, meeting of 7 Nov 2025, 4 fund houses

  • Appointment of Mr. Sunil Kataria as a “Non-Executive, Non-Independent Director” of the Company, liable to retire by rotation
    4 for0 against
  • Re-appointment of Mr. Nandkumar Dhekne as an “Independent Director” of the Company
    4 for0 against
  • Re-appointment of Ms. Anjali Gupte as an “Independent Director” of the Company
    4 for0 against
  • Approval of Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2025-26, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. Governance & Transparency Concern: Basis for Arm’s Length pricing not adequately disclosed; unclear how the sale or purchase of Fixed Assets fall within the ordinary course of business.
    • Nippon India Mutual FundGovernance & Transparency Concern: Basis for Arm’s Length pricing not adequately disclosed; unclear how the sale or purchase of Fixed Assets fall within the ordinary course of business.
    2 for2 against

Mutual fund votes, meeting of 28 Jul 2025, 4 fund houses

  • Adoption of Financial Statements for the Financial Year ended 31st March, 2025
    4 for0 against
  • Re-appointment of Mr. Nadir B. Godrej (DIN: 00066195) as a “Director”, liable to retire by rotation, who has offered himself for re-appointment
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Chairman related to Managing director of the Company.
    • Nippon India Mutual FundGovernance concern: Chairman related to Managing director of the Company.
    2 for2 against
  • Ratification of Remuneration of M/s. Tapan Gaitonde & Co., Cost Accountants, as the “Cost Auditor” of the Company for the Financial Year ending 31st March, 2026
    4 for0 against
  • Appointment of M/s. BNP & Associates, Company Secretaries as the “Secretarial Auditors” of the Company for a term of 5 (five) years from the Financial Year 2025-26 upto the Financial Year 2029-30
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Proposed fee of Secretarial Auditor not disclosed.
    • Nippon India Mutual FundNon disclosure of Proposed fee payable to Secretarial Auditors.
    2 for2 against
  • Approval of Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2025-26, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:MoreLess
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Basis for Arm’s Length pricing not adequately disclosed, unclear how the sale or purchase of Fixed Assets fall within the ordinary course of business
    • Nippon India Mutual FundGovernance Concern: Basis for Arm’s Length pricing not adequately disclosed, unclear how the sale or purchase of Fixed Assets fall within the ordinary course of business
    2 for2 against

Mutual fund votes, meeting of 30 May 2025, 3 fund houses

  • APPOINTMENT OF MR. BURJIS NADIR GODREJ AS THE “MANAGING DIRECTOR” OF THE COMPANY FOR A TERM OF 5 (FIVE) YEARS, WITH EFFECT FROM 1ST APRIL, 2025, I.E., UPTO 31ST MARCH, 2030, WITHOUT ANY REMUNERATION PAYABLE TO HIM IN SUCH CAPACITYMoreLess
    3 for0 against

Mutual fund votes, meeting of 15 Mar 2025, 3 fund houses

  • Re-appointment of Mr. Rishinaradamangalam Ramakrishna Govindan as an “Independent Director” of the Company
    3 for0 against

Mutual fund votes, meeting of 14 Dec 2024, 3 fund houses

  • Appointment of Dr. Ganapati Dadasaheb Yadav as an Independent Director of the Company
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundProfile of the Candidate
    2 for1 against
  • Appointment of Mr. Arijit Mukherjee, Chief Operating Officer, as the “Manager” of the Company (within the meaning of the Companies Act, 2013)
    3 for0 against
  • Approval of Related Party Transactions entered into or to be entered into with Godrej Agrovet Limited (Holding Company) during the Financial Year 2024-25, beyond the Materiality threshold as provided in Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    3 for0 against
  • Ratification of the Remuneration of Tapan Gaitonde & Co., Cost & Management Accountants, as the “Cost Auditors” of the Company for the Financial Year 2024-25
    3 for0 against

Mutual fund votes, meeting of 29 Jul 2024, 3 fund houses

  • Adoption of Financial Statements for the Financial Year ended 31st March, 2024
    3 for0 against
  • Re-appointment of Mr. Ashok V. Hiremath (DIN: 00349345) as a “Director”, liable to retire by rotation, who has offered himself for re-appointment
    3 for0 against
  • Ratification of Remuneration of Mr. Paresh Jaysih Sampat, Cost Accountant, Mumbai as the “Cost Auditor” of the Company for the Financial Year ending 31st March, 2025
    3 for0 against

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeJoint Commissioner (CGST & C.Ex)Since 20 Jun 2025
    Writ petition filed in Mumbai High Court against the SCN issued. Petition has been registered. Mumbai High court order received quashing and setting aside SCN in a similar matter. Department has filed an appeal with Supreme Court against Mumbai High court order. Further updates awaited.MoreLess
    At the filing before: Intimation in Form GST DRC-01A received under Section 74(5) for April 2019-March 2022. Reply to Intimation filed on 11.07.2025. Awaiting further communication.
  • Tax disputeDeputy Commissioner of State Tax, (MUM- NOD-E-0105), (KALABADEVI-504)Since 8 Jan 2025
    Hearing attended on 09/04/2026. Further communication awaited.
    At the filing before: Appeal filed with GST Appellate Authority against Demand order passed by deputy commissioner w.r.t FY 2020-21 GST Audit.

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

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Jun 2026.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesJul 2025, checked by India Ratings & Research Private Limited237.63Prepayment and/ or repayment of all, or a portion of, certain outstanding borrowings availed by our Company102.00102.00No
Rights IssuesJul 2025, checked by India Ratings & Research Private Limited237.63Repayment in full or redemption of certain commercial papers issued by our Company145.00135.63No
Rights IssuesJul 2025, checked by India Ratings & Research Private Limited237.63General Corporate Purposes1.350.00No
Rights IssuesJul 2025, checked by India Ratings & Research Private Limited237.63Issue related Expenses1.000.00No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.