Astra Microwave Products MD, chairman, board of directors and AGM
NSE: ASTRAMICROBSE: 532493Aerospace & DefenseSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,542.70.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹14,099 Cr542nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 10 Aug 2026
- 74.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 26 May 2026
- 10.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.16%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 10 Aug 2026
- 15.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 10 Aug 2026
- 17.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 26 May 2026
- 0.22
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,40,31554.8% delivered
Astra Microwave Products board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonAvinash Chander
- Company Secretary and Compliance OfficerT. Anjaneyulu
7 directors3 independent2 executive2 non-executive
- Avinash Chander · ChairpersonIndependent · joined Jan 2018 · reappointed Dec 2022 · 104 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Maram Venkateshwar ReddyExecutive · joined Apr 2013 · reappointed Dec 2022 · 1 listed board · 1 committee seat
- Atim KabraExecutive · joined Jun 2019 · reappointed Jun 2019 · 2 listed boards · 1 as independent · 2 committee seats
- Prakash Anand ChitrakarNon-executive · joined Nov 2021 · reappointed Sep 2025 · 1 listed board
- Suresh Kumar SomaniNon-executive · joined Sep 2023 · reappointed Sep 2023 · 2 listed boards · 1 committee seat
- Anuradha MookerjeeIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
- Venu Raman KumarIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 as independent
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
- Gurunatha Reddy Sonnapureddy, left 30 Sep 2026: Others
- Kiran Dhingra, left 26 Jun 2025: Tenure Completion
- Sengottaiyan Varadarajan, left 22 May 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 10 Aug 20268 of 8 present3 independent · 60 days in between
- 10 Jun 20267 of 8 present2 independent · 14 days in between
- 26 May 20268 of 8 present3 independent
Audit Committee
Chair Anuradha Mookerjee
Avinash Chander, Suresh Kumar Somani
- 10 Aug 20263 of 3 present2 independent · 64 days in between
- 6 Jun 20263 of 3 present2 independent · 10 days in between
- 26 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Venu Raman Kumar
Avinash Chander, Prakash Anand Chitrakar
- 10 Aug 20263 of 3 present2 independent · 75 days in between
- 26 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Avinash Chander
Maram Venkateshwar Reddy, Atim Kabra
No meeting listed in the filing.
Risk Management Committee
Maram Venkateshwar Reddy, Avinash Chander
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Anuradha Mookerjee
Maram Venkateshwar Reddy, Venu Raman Kumar
- 10 Aug 20263 of 3 present2 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 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.
Astra Microwave Products 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.Astra Microwave Products dividend history
Annual general meeting, 18 Sep 2026
1,26,522 shareholders on the register on 11 Sep 2026; present: 1 promoter and 83 others; votes counted by L. DHANAMJAY REDDY / L. D. REDDY & CO.The company's voting result (opens in a new tab)
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 Board of Directors and Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.10% · promoters 100.00% · institutions 88.81% · other public 43.06%
- To declare final dividend on equity shares for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- To appoint Mr. Prakash Anand Chitrakar, Director (DIN: 00003213), who retires by rotation as a Director and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it89.57% for10.43% against
Against: promoters 0.00% · institutions 25.73% · other public 0.01%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- To appoint Mr. Atim Kabra, Director (DIN:00003366), who retires by rotation as a Director and being eligible, offers himself for re-appointment.Ordinary99.62% for0.38% against
Against: promoters 0.00% · institutions 0.92% · other public 0.00%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- To ratify the remuneration payable to the Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- Re-designation of Dr. M. V. Reddy (DIN: 00421401) from Joint Managing Director to Managing DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- Revision in Remuneration of Mr. Atim Kabra (DIN:00003366), Whole-time Director designated as Director (Strategy and Business Development) of the CompanyOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.10% · other public 0.00%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- Approval for Payment of Cash Compensation to Mr. S. Gurunatha Reddy (DIN: 00003828) Managing Director of the CompanySpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.10% · other public 0.01%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
- Approval of Material Related Party Transactions with Astra Rafael Comsys Private Limited, Joint Venture Company for the Financial Year 2026-2027OrdinaryPromoters have an interest in it85.53% for14.47% against
Against: promoters 0.00% · institutions 35.69% · other public 0.00%
Turnout: all 59.17% · promoters 100.00% · institutions 89.07% · other public 43.06%
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, 12 Aug 2025, 2 resolutions
1,08,857 shareholders on the register on 4 Jul 2025; votes counted by L. DHANAMJAY REDDY / L. D. REDDY & CO.The company's voting result (opens in a new tab)
- Appointment of Mr. Venu Raman Kumar (DIN: 00245022) as an Independent Director of the CompanySpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 31.97% · promoters 100.00% · institutions 90.77% · other public 8.82%
- Appointment of Mrs. Anuradha Mookerjee, (DIN: 10174271) as an Independent Director of the Company.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 31.97% · promoters 100.00% · institutions 90.77% · other public 8.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 13 Jun 2025, 1 resolution
1,07,884 shareholders on the register on 6 Jun 2025; present: 1 promoter and 66 others; votes counted by L. DHANAMJAY REDDY / L. D. REDDY & CO.The company's voting result (opens in a new tab)
1. Issue of up to 20,13,885 (Twenty Lakh Thirteen Thousand Eight Hundred and Eighty-Five only) Convertible Warrants of Rs. 2/- each convertible into, or exchangeable for, one equity share of face value of Rs. 2/- each of the Company within the period of 18 (eighteen months) in accordance with the applicable laws to the persons belonging to promoter group and non-promoter category on preferential basis.MoreLess
SpecialPromoters have an interest in it96.26% for3.74% againstAgainst: promoters 0.00% · institutions 13.67% · other public 0.04%
Turnout: all 69.87% · promoters 100.00% · institutions 92.36% · other public 60.83%
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, 30 Aug 2024, 8 resolutions
Present: 1 promoter and 86 others.The company's voting result (opens in a new tab)
(a) To receive consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of Board of Directors and Auditors thereon.nn(b) To receive consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31,2024 together with the Reports of Auditors thereon.nMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- To declare final dividend on equity shares for the financial year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- To appoint Mr. S.Gurunatha Reddy, Director (DIN: 00003828), who retires by rotation as a Director and being eligible, offers himself for re-appointment.Ordinary98.14% for1.86% against
Against: promoters 0.00% · institutions 7.02% · other public 0.00%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- To appoint Mr. Atim Kabra, Director (DIN: 00003366), who retires by rotation as a Director and being eligible, offers himself for re-appointment.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.24% · other public 0.00%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- To ratify the remuneration payable to the Cost Auditor:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- Payment of Commission to Non-Executive Directors of the Company for a period of five years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- Revision in Remuneration of Mr. Atim Kabra (DIN: 00003366), Whole-time Director designated as Director (Strategy and Business Development) of the Company.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.01% · other public 0.00%
Turnout: all 61.10% · promoters 100.00% · institutions 81.50% · other public 52.13%
- Approval of Material Related Party Transaction with Astra Rafael Comsys Private Limited, Joint Venture Company.Special96.32% for3.68% against
Against: promoters 0.00% · institutions 13.84% · other public 0.00%
Turnout: all 60.94% · promoters 100.00% · institutions 81.50% · other public 51.91%
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 Nov 2023, 3 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr.Suresh Kumar Somani (DIN: 00031096) as a Non-Executive DirectorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.72% · promoters 100.00% · institutions 85.96% · other public 54.37%
- Appointment of Mr.Sengottaiyan Varadarajan, (DIN: 10328160) as an Independent Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.72% · promoters 100.00% · institutions 85.96% · other public 54.37%
- To approve for giving guarantee or providing security under Section 185 of Companies Act, 2013 to Astra Rafael Comsys Private Limited, Joint Venture Company:Special99.16% for0.84% against
Against: promoters 0.00% · institutions 3.62% · other public 0.00%
Turnout: all 62.72% · promoters 100.00% · institutions 85.96% · other public 54.37%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Aug 2023, 5 resolutions
Present: 1 promoter and 72 others.The company's voting result (opens in a new tab)
1. To receive, consider and adopt:na) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of Board of Directors and Auditors thereon.nb) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 36.83% · promoters 100.00% · institutions 85.74% · other public 21.39%
- 2. To declare final dividend on equity shares for the financial year ended March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 36.91% · promoters 100.00% · institutions 86.82% · other public 21.39%
- 3. To appoint Mr.P.A.Chitrakar, Director (DIN: 00003213), who retires by rotation as a Director and being eligible, offers himself for re-appointment.Ordinary99.67% for0.33% against
Against: promoters 0.00% · institutions 0.88% · other public 0.00%
Turnout: all 36.84% · promoters 100.00% · institutions 85.79% · other public 21.39%
- 4. To ratify the remuneration payable to the Cost Auditor:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 36.84% · promoters 100.00% · institutions 85.79% · other public 21.39%
- 5. Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013:Special69.55% for30.45% against
Against: promoters 0.00% · institutions 81.63% · other public 0.00%
Turnout: all 36.84% · promoters 100.00% · institutions 85.79% · other public 21.39%
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 Feb 2023, 5 resolutions
The company's voting result (opens in a new tab)
- To consider re-appointment of Dr. Avinash Chander (DIN: 05288690) as Independent DirectorSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 14.43% · promoters 10.30% · institutions 28.30% · other public 14.44%
- Appointment of Mr. Atim Kabra, Non-Executive Director (DIN:00003366) as Whole Time Director of the CompanySpecial93.72% for6.28% against
Against: promoters 0.00% · institutions 99.71% · other public 0.01%
Turnout: all 10.55% · promoters 10.30% · institutions 28.30% · other public 10.11%
- Re-appointment of Mr.S.Gurunatha Reddy (DIN: 00003828) as Managing Director of the CompanySpecial99.48% for0.52% against
Against: promoters 0.00% · institutions 11.01% · other public 0.01%
Turnout: all 14.32% · promoters 10.30% · institutions 28.30% · other public 14.33%
- Re-appointment of Mr.M.V.Reddy (DIN: 00421401), as the Joint Managing Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 14.43% · promoters 10.30% · institutions 28.30% · other public 14.44%
Approval to raise capital by way of public or private offerings including through a qualified institutions placement to eligible investors through an issuance of equity shares or other eligible securities for an amount not exceeding ₹ 400 crore:MoreLess
Special99.80% for0.20% againstAgainst: promoters 0.00% · institutions 4.38% · other public 0.00%
Turnout: all 14.43% · promoters 10.30% · institutions 28.30% · other public 14.44%
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, 22 Aug 2022, 8 resolutions
Present: 1 promoter and 52 others.The company's voting result (opens in a new tab)
1. To receive, consider and adopt: na) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 together with the Reports of Board of Directors and Auditors thereon. nb) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with the Reports of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 13.82% · promoters 96.33% · institutions 25.34% · other public 5.69%
- 2. To declare final dividend on equity shares for the financial year ended March 31, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 13.85% · promoters 96.33% · institutions 26.56% · other public 5.69%
- 3. To appoint Mr. M.V. Reddy, Director (DIN: 00421401), who retires by rotation as a Director and being eligible, offers himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 13.85% · promoters 96.33% · institutions 26.56% · other public 5.69%
- 4. To re-appoint the statutory auditors of the Company and fix their remuneration for a second term of five years:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 13.85% · promoters 96.33% · institutions 26.56% · other public 5.69%
- 5. Re-appointment of Mrs. Kiran Dhingra, IAS Rtd. (DIN: 00425602) as an Independent Director of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 13.85% · promoters 96.33% · institutions 26.56% · other public 5.69%
- 6. Appointment of Mr. P. A. Chitrakar (DIN: 00003213) as a Non-Executive Director.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 13.85% · promoters 96.33% · institutions 26.56% · other public 5.69%
- 7. Reclassification of certain promoters / promoter group to “Public” shareholder category.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 5.71% · promoters 0.00% · institutions 26.56% · other public 5.69%
- 8. To ratify the remuneration payable to the Cost Auditor.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 13.85% · promoters 96.33% · institutions 26.56% · other public 5.69%
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 18 Sep 2026, 2 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 Board of Directors and Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of Auditors thereon.MoreLess
2 for0 against- To declare final dividend on equity shares for the financial year ended March 31, 2026.2 for0 against
- To appoint Mr. Prakash Anand Chitrakar, Director (DIN: 00003213), who retires by rotation as a Director and being eligible, offers himself for re-appointment.
Against Angel One Mutual Fund
- Angel One Mutual FundRe-appointment sought through ordinary resolution for Director who has already attained 75 years of age.
1 for1 against - To appoint Mr. Atim Kabra, Director (DIN:00003366), who retires by rotation as a Director and being eligible, offers himself for re-appointment.2 for0 against
- To ratify the remuneration payable to the Cost Auditor2 for0 against
- Re-designation of Dr. M. V. Reddy (DIN: 00421401) from Joint Managing Director to Managing Director2 for0 against
- Revision in Remuneration of Mr. Atim Kabra (DIN:00003366), Whole-time Director designated as Director (Strategy and Business Development) of the Company2 for0 against
- Approval for Payment of Cash Compensation to Mr. S. Gurunatha Reddy (DIN: 00003828) Managing Director of the Company2 for0 against
- Approval of Material Related Party Transactions with Astra Rafael Comsys Private Limited, Joint Venture Company for the Financial Year 2026-2027
Against Angel One Mutual Fund
- Angel One Mutual FundTransparency Concern: No clarity regarding whether previous year’s transactions approved by shareholders or not.
1 for1 against
Mutual fund votes, meeting of 17 Sep 2025, 10 fund houses
- Adoption of new Memorandum of Association (MoA)1 for0 against
- Adoption of new Memorandum of Association under the Companies Act, 2013 and approval of inserted and modified clauses under clause III(B) - matters necessary for furtherance of the main objects.9 for0 against
- Adoption of standalone and consolidated financial statements for the year ended 31 March 20251 for0 against
- Appoint L.D. Reddy & Co as secretarial auditors for five years from FY26 and fix their remuneration1 for0 against
Appointment of M/s. L.D. Reddy and Co., Practicing Company Secretaries as the Secretarial Auditors of the Company, for a term of five consecutive financial years commencing from Financial Year 2025-2026 till Financial Year 2029-2030 at such remuneration as may be determined by the Board of Directors of the Company in consultation with the Secretarial Auditors.MoreLess
9 for0 against- Approve adoption of a new set of Articles of Association (AoA) to align it with Companies Act, 20131 for0 against
- Approve continuation of Prakash Chitrakar (DIN: 00003213) as Non-Executive Non-Independent Director, liable to retire by rotation, after he attains 75 years of age on 24 January 20261 for0 against
- Approve hypothecation/ mortgage or charge on the assets up to Rs. 20.0 bn over and above the paid-up capital and free reserves1 for0 against
- Approve increase in the borrowing limit to Rs. 20.0 bn over and above paid-up capital and free reserves1 for0 against
- Declare final dividend of Rs. 2.2 per share (face value of Rs. 2.0 per share) for FY251 for0 against
Ratification of remuneration of Rs. 5,00,000 excluding applicable tax payable to M/s. Dendukuri and Co, Cost and Management Accountants, Hyderabad, (FRN: 102199) for conducting cost audit of the Company for the financial year 2025-26.MoreLess
9 for0 against- Ratify remuneration of Rs. 500,000 for Dendukuri & Co., Cost Accountant as cost auditors for FY261 for0 against
- Reappoint Dr. M. V. Reddy (DIN: 00421401) as Director, liable to retire by rotation1 for0 against
- Reappoint Suresh Kumar Somani (DIN: 00031096) as Non-Executive Non-Independent Director, liable to retire by rotation1 for0 against
- To appoint Dr. M. V. Reddy, Director (DIN: 00421401), who retires by rotation as a Director and being eligible, offers himself for re-appointment.9 for0 against
- To appoint Mr. Suresh Kumar Somani, Director (DIN: 00031096), who retires by rotation as a Director and being eligible, offers himself for re-appointment.9 for0 against
To approve the continuation of directorship of Mr. Prakash Anand Chitrakar (DIN: 00003213) as a Non-Executive Director of the Company, who shall liable to retire by rotation, notwithstanding he is attaining the age of Seventy Five (75) years on 24th January, 2026.MoreLess
9 for0 againstTo borrow Rupee Loans, Working Capital Facility and such other Financial Assistance from time to time, which together with the monies already borrowed by the Company (apart from temporary Loans obtained or to be obtained from the Company’s bankers in the ordinary course of business) may exceed the aggregate of the paid up share capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose, provided that the total amount so borrowed by the Board of Directors shall not at any time exceed the limit of Rs. 2,000 Crores over and above the paid up capital of the Company and its free reserves.MoreLess
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
8 for1 against- To consider and recommend the adoption of a new set of Articles of Association (AOA) of the company in conformity with the Companies Act, 2013.9 for0 against
To create such charges, mortgages, pledge, hypothecations and lien in addition to the existing charges, mortgages, pledge, hypothecations and lien created by the Company, on such movable and immovable properties, both present and future and in such manner as the Board may deem fit, together with power to take over the management and concern of the Company in certain events in favour of the Banks, Financial Institutions and other Parties to secure Rupee Loans and Working Capital Facilities availed and also proposed to be availed and also to secure other Obligations of the Company, provided that the total amount of loans and other obligations of the Company together with interest thereon, additional interest, compound interest, liquidated damages, commitment charges, premia on prepayment or on redemption, costs, charges, expenses and all other moneys payable by the Company in respect of the said loans and other obligations, shall not, at any time exceed the limit of Rs. 2,000 Crores over and above the paid up capital of the Company and its free reserves.MoreLess
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
8 for1 against- To declare final dividend on equity shares for the financial year ended March 31, 2025.9 for0 against
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 Board of Directors and Auditors thereon. b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of Auditors thereon.MoreLess
9 for0 against
6 earlier meetings
Mutual fund votes, meeting of 12 Aug 2025, 10 fund houses
- Appointment of Mr. Venu Raman Kumar (DIN: 00245022) as an Independent Director of the Company10 for0 against
- Appointment of Mrs. Anuradha Mookerjee, (DIN: 10174271) as an Independent Director of the Company.10 for0 against
Mutual fund votes, meeting of 13 Jun 2025, 10 fund houses
1. Issue of up to 20,13,885 (Twenty Lakh Thirteen Thousand Eight Hundred and Eighty-Five only) Convertible Warrants of Rs. 2/- each convertible into, or exchangeable for, one equity share of face value of Rs. 2/- each of the Company within the period of 18 (eighteen months) in accordance with the applicable laws to the persons belonging to promoter group and non-promoter category on preferential basis.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund
- Angel One Mutual FundGovernance Concern: Inadequate rationale for proposed fund raising via issuance of convertible warrants; Warrants are priced at par with equity; No clarity regarding the basis behind selecting the proposed set of allottees; Preferential allotment to Promoter group individual without any justification.
- Bandhan Mutual FundCompliant with Law. Governance Concern: Inadequate rationale for proposed fund raising via issuance of convertible warrants; Warrants are priced at par with equity; No clarity regarding the basis behind selecting the proposed set of allottees; Preferential allotment to Promoter group individual without any justification.
8 for2 against
Mutual fund votes, meeting of 30 Aug 2024, 6 fund houses
(a) To receive consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of Board of Directors and Auditors thereon.nn(b) To receive consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31,2024 together with the Reports of Auditors thereon.nMoreLess
6 for0 against- To declare final dividend on equity shares for the financial year ended March 31, 2024.6 for0 against
- To appoint Mr. S.Gurunatha Reddy, Director (DIN: 00003828), who retires by rotation as a Director and being eligible, offers himself for re-appointment.6 for0 against
- To appoint Mr. Atim Kabra, Director (DIN: 00003366), who retires by rotation as a Director and being eligible, offers himself for re-appointment.6 for0 against
- To ratify the remuneration payable to the Cost Auditor:6 for0 against
- Payment of Commission to Non-Executive Directors of the Company for a period of five years.6 for0 against
- Revision in Remuneration of Mr. Atim Kabra (DIN: 00003366), Whole-time Director designated as Director (Strategy and Business Development) of the Company.6 for0 against
- Approval of Material Related Party Transaction with Astra Rafael Comsys Private Limited, Joint Venture Company.6 for0 against
Mutual fund votes, meeting of 4 Nov 2023, 6 fund houses
- Appointment of Mr.Suresh Kumar Somani (DIN: 00031096) as a Non-Executive Director6 for0 against
- Appointment of Mr.Sengottaiyan Varadarajan, (DIN: 10328160) as an Independent Director of the Company:6 for0 against
- To approve for giving guarantee or providing security under Section 185 of Companies Act, 2013 to Astra Rafael Comsys Private Limited, Joint Venture Company:6 for0 against
Mutual fund votes, meeting of 30 Aug 2023, 6 fund houses
1. To receive, consider and adopt:na) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of Board of Directors and Auditors thereon.nb) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of Auditors thereon.MoreLess
6 for0 against- 2. To declare final dividend on equity shares for the financial year ended March 31, 2023.6 for0 against
- 3. To appoint Mr.P.A.Chitrakar, Director (DIN: 00003213), who retires by rotation as a Director and being eligible, offers himself for re-appointment.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern identified on the merits of the proposed appointee. Governance concern: The Board is non-compliant with requisite number of IDs.
5 for1 against - 4. To ratify the remuneration payable to the Cost Auditor:6 for0 against
- 5. Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013:
Against 360 One Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund
- 360 One Mutual Fund, Sundaram Mutual FundThe company has three wholly owned subsidiaries, one joint venture (Astra Rafael Comsys Private Ltd) and one associate company (Janyu Technologies Private Ltd). As on 31 March 2023, the company has investment in equity shares/Compulsorily Convertible Preference Shares (CCPS) of Rs 220.0 mn (excluding investment in wholly owned subsidiaries) and outstanding guarantees of Rs. 200.0 mn (excluding guarantees given to wholly owned subsidiaries). The company seeks approval to provide loans, investments, guarantees/ security of upto Rs. 800.0 mn to related entities for principal business activities. Even so, the company must disclose granular details regarding the entities to which support will be extended, limits sought, the amount of capital expenditure to be incurred, the terms of the loan to be provided, if any. Given the lack of clarity, we do not support this resolution.
- Kotak Mahindra Mutual FundThe company seeks approval to provide loans, investments, guarantees/ security of upto Rs. 800.0 mn to related entities for principal business activities. However the company has not disclosed or clarified on the granular details regarding the entities to which support will be extended, limits sought, the amount of capital expenditure to be incurred. Given transparency concerns voting against .
- Motilal Oswal Mutual FundNon-compliant: Non-disclosure of full particulars as required under Section 185(2) of Companies Act, 2013.
- Nippon India Mutual FundInadequate disclosure
1 for5 against
Mutual fund votes, meeting of 14 Feb 2023, 1 fund house
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To consider re-appointment of Dr. Avinash Chander (DIN: 05288690) as Independent Director1 for0 against
- Appointment of Mr. Atim Kabra, Non-Executive Director (DIN:00003366) as Whole Time Director of the Company1 for0 against
- Re-appointment of Mr.S.Gurunatha Reddy (DIN: 00003828) as Managing Director of the Company1 for0 against
- Re-appointment of Mr.M.V.Reddy (DIN: 00421401), as the Joint Managing Director of the Company1 for0 against
1 proposal not matched to one resolution
- Issue equity or debt securities of upto Rs.4.0 bn1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJun 2025, checked by CRISIL Ratings Limited | 174.00 | Fund being raised to meet the Working Capital Requirements | 130.50 | 40.00 | No |
| Preferential IssuesJun 2025, checked by CRISIL Ratings Limited | 174.00 | General Corporate Purposes (25%) | 43.49 | 3.49 | No |