Avanti Feeds logo

Avanti Feeds MD, chairman, board of directors and AGM

NSE: AVANTIFEEDBSE: 512573Food ProductsSmall Cap

Last close ₹675.70down ₹3.70 (0.54%)BSE ₹675.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹679.40.

52-week range of traded prices to 23 Oct 2026
₹667.75Low, 23 Oct 2026₹1,593.80High, 21 Apr 2026
Market cap
₹9,206 Cr407th largest listed
P/E
17.3
P/B
2.8
Dividend yield
1.48%
ROE
17.4%
ROCE
15.6%
Debt to equity
0.00
Volume, NSE
5,30,03717.1% delivered

Avanti Feeds 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

  • Managing directorALLURI INDRA KUMAR
  • Managing directorCUDDAPAH RAMACHANDRA RAO
  • ChairpersonJASTHI VENKATA RAMUDU
  • Company Secretary and Compliance OfficerC RAMACHANDRA RAO

12 directors4 independent3 executive5 non-executive

  • ALLURI INDRA KUMAR · Managing directorExecutive · joined Apr 1998 · 2 listed boards · 1 as independent · 1 committee seat
  • CUDDAPAH RAMACHANDRA RAO · Managing directorExecutive · joined Oct 1994 · 1 listed board · 2 committee seats
  • NUTHAKKI RAM PRASADNon-executive · joined Apr 1993 · 1 listed board · 1 committee seat, 1 as chair
  • JASTHI VENKATA RAMUDU · ChairpersonIndependent · joined Nov 2018 · reappointed Nov 2023 · 91 months as independent · 3 listed boards · 3 as independent · 4 committee seats
  • ALLURI VENKATA SANJEEVExecutive · joined Jun 2019 · 1 listed board
  • VANGALA NARSI REDDYIndependent · joined Nov 2020 · reappointed Nov 2025 · 67 months as independent · 1 listed board · 1 as independent · 3 committee seats
  • PEERASAK BOONMECHOTENon-executive · joined Feb 2023 · 1 listed board
  • YONGYUT SETTHAWIWATNon-executive · joined Oct 2024 · 1 listed board
  • SUNKARA VENKATA SATYA SHIVA PRASADIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 2 listed boards · 1 as independent · 1 committee seat, 1 as chair
  • PRAMEELA RANI YALAMANCHILIIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 3 listed boards · 3 as independent · 9 committee seats, 5 as chair
  • ALLURI NIKHILESH CHOWDARYNon-executive · joined May 2025 · 1 listed board
  • RAGHUNATH VEMALINominee, non-executive · joined May 2025 · 2 listed boards

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

Committees and meetings

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

  • Board

    • 11 Jun 202611 of 12 present4 independent · 13 days in between
    • 28 May 202611 of 12 present4 independent · 56 days in between
    • 1 Apr 202611 of 12 present4 independent · 48 days in between
    • 11 Feb 202611 of 12 present4 independent

  • Audit Committee

    Chair PRAMEELA RANI YALAMANCHILI

    VANGALA NARSI REDDY, JASTHI VENKATA RAMUDU

    • 11 Jun 20263 of 3 present3 independent · 13 days in between
    • 28 May 20263 of 3 present3 independent · 56 days in between
    • 1 Apr 20263 of 3 present3 independent · 48 days in between
    • 11 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair SUNKARA VENKATA SATYA SHIVA PRASAD

    VANGALA NARSI REDDY, JASTHI VENKATA RAMUDU

    • 28 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair NUTHAKKI RAM PRASAD

    PRAMEELA RANI YALAMANCHILI, VANGALA NARSI REDDY

    • 27 May 20263 of 3 present2 independent · 108 days in between
    • 7 Feb 20263 of 3 present2 independent

  • Risk Management Committee

    Chair ALLURI INDRA KUMAR

    CUDDAPAH RAMACHANDRA RAO, ALLURI VENKATA SANJEEV, SUNKARA VENKATA SATYA SHIVA PRASAD, JASTHI VENKATA RAMUDU

    • 28 May 20265 of 5 present2 independent

  • Corporate Social Responsibility Committee

    Chair ALLURI INDRA KUMAR

    NUTHAKKI RAM PRASAD, CUDDAPAH RAMACHANDRA RAO, SUNKARA VENKATA SATYA SHIVA PRASAD, JASTHI VENKATA RAMUDU

    • 26 May 20265 of 5 present2 independent · 66 days in between
    • 20 Mar 20265 of 5 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 Mar 2026.

  • Tukaram & Co. LLPPeer-review certificate valid to Aug 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.

Avanti Feeds 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.Avanti Feeds dividend history

Annual general meeting, 14 Aug 2026

1,24,445 shareholders on the register on 7 Aug 2026; present: 7 promoters and 67 others; votes counted by V Bhaskara Rao / M/s V Bhaskara Rao & Co.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2026 and the report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.27% · promoters 99.90% · institutions 90.44% · other public 65.91%

  2. To declare Dividend of 10.00 (Rupees Ten only) per equity share of 1/- each fully paid, for the Financial Year 2025-26.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 99.90% · institutions 91.71% · other public 65.91%

  3. To appoint a Director in place of Mr. Yongyut Setthawiwat (DIN:10792139), who retires by rotation as a Director
    Ordinary
    95.96% for4.04% against

    Against: promoters 0.00% · institutions 24.88% · other public 0.00%

    Turnout: all 84.46% · promoters 99.90% · institutions 91.71% · other public 65.91%

  4. To appoint a Director in place of Mr. Ram Prasad Nuthakki (DIN: 00145558), who retires by rotation as a Director
    Ordinary
    94.85% for5.15% against

    Against: promoters 0.00% · institutions 31.69% · other public 0.00%

    Turnout: all 84.46% · promoters 99.90% · institutions 91.71% · other public 65.91%

  5. Payment of Commission to Non-Executive Directors of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 84.46% · promoters 99.90% · institutions 91.71% · other public 65.91%

  6. Re-Appointment of Sri C. Ramachandra Rao (DIN:00026010), as Joint Managing Director and Company Secretary of the Company for a further period of five (5) years w.e.f. April 01, 2027.
    Special
    85.58% for14.42% against

    Against: promoters 0.00% · institutions 88.82% · other public 0.00%

    Turnout: all 84.46% · promoters 99.90% · institutions 91.71% · other public 65.91%

  7. Re-Appointment of Dr. A. Indra Kumar (DIN:00190168), as Chairman & Managing Director for a further period of 5 years w.e.f. 1st July, 2026.
    SpecialPromoters have an interest in it
    86.24% for13.76% against

    Against: promoters 0.00% · institutions 84.76% · other public 0.00%

    Turnout: all 84.46% · promoters 99.90% · institutions 91.71% · other public 65.91%

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.

Annual general meeting, 14 Aug 2025, 8 resolutions

1,23,134 shareholders on the register on 7 Aug 2025; present: 12 promoters and 55 others; votes counted by V Bhaskara Rao / M/s V Bhaskara Rao & Co.The company's voting result (opens in a new tab)

  1. To consider and adopt (a)The Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon; and (b)The Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2025 and the report of Auditors thereonMoreLess
    Ordinary
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 0.88% · other public 0.00%

    Turnout: all 81.13% · promoters 99.90% · institutions 97.03% · other public 15.70%

  2. To declare Dividend of Rs. 9.00 (Rupees Nine only) per equity share of Rs.1/- each fully paid, for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

  3. To appoint a Director in place of Mr. A. Venkata Sanjeev (DIN: 07717691) , who retires by rotation.
    OrdinaryPromoters have an interest in it
    94.61% for5.39% against

    Against: promoters 0.00% · institutions 12.61% · other public 0.01%

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

  4. To appoint a Director in place of Mr. Peerasak Boonmechote (DIN: 10047883), who retires by rotation.
    Ordinary
    95.93% for4.07% against

    Against: promoters 0.00% · institutions 9.53% · other public 0.01%

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

  5. Re-appointment of Mr. V Narsi Reddy (DIN: 08685359) as an Independent Director of the Company for a period of Five (5) years.
    Special
    98.51% for1.49% against

    Against: promoters 0.00% · institutions 3.47% · other public 0.01%

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

  6. Appointment of Mr. Alluri Nikhilesh Chowdary (DIN: 07717702) as a Non-Executive Director of the Company.
    OrdinaryPromoters have an interest in it
    94.60% for5.40% against

    Against: promoters 0.00% · institutions 12.64% · other public 0.01%

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

  7. Appointment of Mr. Raghunath Vemali (DIN:10405110) as Non-Executive, Nominee Director of the Company
    Ordinary
    90.68% for9.32% against

    Against: promoters 0.00% · institutions 21.80% · other public 0.01%

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

  8. Appointment of M/s. V. Bhaskara Rao & Co., Practicing Company Secretaries, as Secretarial Auditors of the Company.
    Ordinary
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.81% · other public 0.00%

    Turnout: all 81.23% · promoters 99.90% · institutions 97.30% · other public 15.70%

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.

Postal ballot, 20 Dec 2024, 1 resolution

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

  1. APPOINTMENT OF MR. YONGYUT SETTHAWIWAT (DIN: 10792139) AS A NON- EXECUTIVE DIRECTOR OF THE COMPANY
    Ordinary
    96.75% for3.25% against

    Against: promoters 0.00% · institutions 7.64% · other public 0.03%

    Turnout: all 81.21% · promoters 99.81% · institutions 96.55% · other public 16.87%

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, 6 Aug 2024, 7 resolutions

Present: 9 promoters and 65 others.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2024 and the report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.92% · promoters 100.00% · institutions 96.66% · other public 2.58%

  2. To declare Dividend of Rs.6.75 (Rupees Six and Seventy Five paise) per equity share of Rs.1/- each fully paid, for the Financial Year 2023-24.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.96% · promoters 100.00% · institutions 96.77% · other public 2.58%

  3. To appoint a Director in place of Sri N. Ram Prasad (DIN: 00145558), who retires by rotation.
    OrdinaryPromoters have an interest in it
    95.06% for4.94% against

    Against: promoters 0.00% · institutions 11.27% · other public 0.02%

    Turnout: all 78.02% · promoters 100.00% · institutions 96.93% · other public 2.58%

  4. To appoint a Director in place of Mr. Peerasak Boonmechote (DIN: 10047883), who retires by rotation.
    Ordinary
    96.36% for3.64% against

    Against: promoters 0.00% · institutions 8.30% · other public 0.02%

    Turnout: all 78.02% · promoters 100.00% · institutions 96.93% · other public 2.58%

  5. To consider and approve the re-appointment of Sri A. Venkata Sanjeev (DIN: 07717691) as a Whole Time Director designated as Executive Director for a further period from 9th August, 2024 to 31st March, 2029 and fixing of remunerationMoreLess
    SpecialPromoters have an interest in it
    89.73% for10.27% against

    Against: promoters 0.00% · institutions 23.40% · other public 0.02%

    Turnout: all 78.02% · promoters 100.00% · institutions 96.93% · other public 2.58%

  6. To consider and approve the appointment of Smt. Y Prameela Rani (DIN: 03270909) as an Independent Woman Director of the Company for the period of Five (5) years.
    Special
    95.67% for4.33% against

    Against: promoters 0.00% · institutions 9.86% · other public 0.01%

    Turnout: all 78.02% · promoters 100.00% · institutions 96.93% · other public 2.58%

  7. To consider and approve the appointment of Dr. Sunkara Venkata Satya Shiva Prasad (DIN: 10404277) as an Independent Director of the Company for the period of Five (5) years
    Special
    100.00% for0.00% against

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

    Turnout: all 78.02% · promoters 100.00% · institutions 96.93% · other public 2.58%

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, 16 Feb 2024, 1 resolution

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

  1. Appointment of Mr.Raghunath Vemali (DIN:10405110) as a Non-Executive, Nominee Director of the Company.
    Ordinary
    92.01% for7.99% against

    Against: promoters 0.00% · institutions 17.69% · other public 4.33%

    Turnout: all 82.44% · promoters 99.13% · institutions 98.69% · other public 15.51%

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, 11 Aug 2023, 5 resolutions

Present: 12 promoters and 76 others.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the Audited Standalone Financial Statements of the Company for the FinancialnYear ended 31st March, 2023 together with the reports of the Board of Directors and Auditors thereon;nand (b) the Audited Consolidated Financial Statements of the Company for the Financial Year endedn31st March, 2023 together with the report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.88% · promoters 99.94% · institutions 98.38% · other public 18.00%

  2. To declare Dividend of Rs.6.25 (Rupees Six and Twenty-Five paise) per equity share of Rs. 1/- each fully paid, for the Financial Year 2022-23.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.94% · promoters 99.94% · institutions 98.54% · other public 18.00%

  3. To appoint Sri A. Venkata Sanjeev (DIN: 07717691), who retires by rotation as a Director and beingneligible offers himself for reappointment.
    Ordinary
    96.99% for3.01% against

    Against: promoters 0.00% · institutions 6.73% · other public 0.49%

    Turnout: all 83.94% · promoters 99.94% · institutions 98.54% · other public 18.00%

  4. To appoint Mr. Bunluesak Sorajjakit (DIN: 02822828), who retires by rotation as a Director and beingneligible offers himself for reappointment.
    Ordinary
    97.33% for2.67% against

    Against: promoters 0.00% · institutions 5.96% · other public 0.49%

    Turnout: all 83.94% · promoters 99.94% · institutions 98.54% · other public 18.00%

  5. To consider and approve the re-appointment of Sri J. V. Ramudu as an Independent Director for anfurther period of Five (5) years.
    Special
    98.76% for1.24% against

    Against: promoters 0.00% · institutions 2.75% · other public 0.50%

    Turnout: all 83.94% · promoters 99.94% · institutions 98.54% · other public 18.00%

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, 29 Apr 2023, 2 resolutions

Present: 13 promoters and 54 others.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MR. G. SUDARSAN BABU (DIN: 09402807) AS A NON-EXECUTIVE NOMINEE DIRECTOR OF THE COMPANY.
    Ordinary
    92.04% for7.96% against

    Against: promoters 0.00% · institutions 17.44% · other public 1.32%

    Turnout: all 81.07% · promoters 99.90% · institutions 98.63% · other public 4.77%

  2. APPOINTMENT OF MR. PEERASAK BOONMECHOTE (DIN: 10047883) AS A NON-EXECUTIVE DIRECTOR OF THE COMPANY.
    Ordinary
    97.56% for2.44% against

    Against: promoters 0.00% · institutions 5.33% · other public 1.29%

    Turnout: all 81.07% · promoters 99.90% · institutions 98.63% · other public 4.77%

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, 12 Aug 2022, 7 resolutions

Present: 17 promoters and 64 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial year ended 31st March, 2022, and the Report of the Auditors thereon and the Board’s Report.The Audited Consolidated Financial Statements of the Company for the Financial year ended 31st March, 2022 and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.24% · promoters 100.00% · institutions 96.64% · other public 51.78%

  2. To declare Dividend of Rs 6.25 (Rupees Six and Twenty-Five paise) per equity share of Rs.1/- each fully paid, for the Financial Year 2021-22.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.26% · promoters 100.00% · institutions 96.69% · other public 51.78%

  3. To appoint a Director in place of Sri N. Ram Prasadn (DIN 00145558) who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    93.67% for6.33% against

    Against: promoters 0.00% · institutions 21.69% · other public 0.02%

    Turnout: all 84.26% · promoters 100.00% · institutions 96.69% · other public 51.78%

  4. To appoint a Director in place of Mr. Bunluesak Sorajjakit (DIN 02822828), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    96.09% for3.91% against

    Against: promoters 0.00% · institutions 13.40% · other public 0.02%

    Turnout: all 84.26% · promoters 100.00% · institutions 96.69% · other public 51.78%

  5. To re-appoint M/s. Tukaram Co., LLP, Chartered Accountants as Independent Auditors of the Company and to fix their remuneration.
    Ordinary
    98.58% for1.42% against

    Against: promoters 0.00% · institutions 4.85% · other public 0.02%

    Turnout: all 84.26% · promoters 100.00% · institutions 96.69% · other public 51.78%

  6. To consider and approve revision in Managerial Remuneration of Sri A. Indra Kumar, Chairman Managing Director of the Company for the period 1st April, 2022 to 30th June, 2026.
    Special
    91.63% for8.37% against

    Against: promoters 0.00% · institutions 28.54% · other public 0.27%

    Turnout: all 84.26% · promoters 100.00% · institutions 96.69% · other public 51.78%

  7. To consider and approve revisions in Managerial Remuneration of Sri A. Venkata Sanjeev, Whole-time Director of the Company for the period 1st April, 2022 to 8th August, 2024.
    Special
    96.65% for3.35% against

    Against: promoters 0.00% · institutions 11.30% · other public 0.27%

    Turnout: all 84.26% · promoters 100.00% · institutions 96.69% · other public 51.78%

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, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2026 and the report of Auditors thereonMoreLess
    3 for0 against
  • To declare Dividend of 10.00 (Rupees Ten only) per equity share of 1/- each fully paid, for the Financial Year 2025-26.
    3 for0 against
  • To appoint a Director in place of Mr. Yongyut Setthawiwat (DIN:10792139), who retires by rotation as a Director
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is not meeting required independence under Board Composition.
    2 for1 against
  • To appoint a Director in place of Mr. Ram Prasad Nuthakki (DIN: 00145558), who retires by rotation as a Director
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is not meeting required independence under Board Composition.
    2 for1 against
  • Payment of Commission to Non-Executive Directors of the Company.
    3 for0 against
  • Re-Appointment of Sri C. Ramachandra Rao (DIN:00026010), as Joint Managing Director and Company Secretary of the Company for a further period of five (5) years w.e.f. April 01, 2027.
    Against Angel One Mutual Fund, ICICI Prudential Mutual Fund
    • Angel One Mutual FundGovernance Concern: Excessive remuneration as compare to peer & Industry benchmark. further, no absolute cap on variable pay or total remuneration. Lack of clarity regarding whether any remuneration is from the subsidiary company; Board is not meeting required independence under Board Composition.
    • ICICI Prudential Mutual FundIn FY26, Mr C Ramachandra Rao received a remuneration of Rs. 338.8 mn which was 4.7% of standalone profit before tax. His proposed annual remuneration is estimated in the range of Rs. 407.5 mn and Rs. 431.7 mn, which is high and not commensurate with scale of operations and industry peers. Further, the remuneration terms include profit-linked commission. The commission is at 4% of net profits, which is high. While we support his reappointment to the board as Joint Managing Director and Company Secretary, given the lack of clarity and high remuneration, we do not support the proposed remuneration. Hence, the AMC had voted against the resolution.
    1 for2 against
  • Re-Appointment of Dr. A. Indra Kumar (DIN:00190168), as Chairman & Managing Director for a further period of 5 years w.e.f. 1st July, 2026.
    Against Angel One Mutual Fund, ICICI Prudential Mutual Fund
    • Angel One Mutual FundGovernance Concern: Holding combined position of Chairman & Managing Director (‘CMD’); Excessive remuneration as compare to peer & Industry benchmark. Further, no absolute cap on variable pay or total remuneration. Lack of clarity regarding whether any remuneration is from the subsidiary company; Board is not meeting required independence under Board Composition.
    • ICICI Prudential Mutual FundIn FY26 Mr A Indra Kumar received a remuneration of Rs. 521.2 mn which was 7.2% of standalone profit before tax. His proposed annual remuneration is estimated in the range of Rs. 620.4 mn and Rs. 660.6 mn, which is high and not commensurate with scale of operations and industry peers. Further, remuneration terms include profit-linked commission. The commission is at 6% of net profits, which is high. While we support his reappointment to the board, given the lack of clarity and high remuneration, we do not support the proposed remuneration. Hence, the AMC has voted against the resolution.
    1 for2 against

Mutual fund votes, meeting of 14 Aug 2025, 10 fund houses

  • To consider and adopt (a)The Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon; and (b)The Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2025 and the report of Auditors thereonMoreLess
    10 for0 against
  • To declare Dividend of Rs. 9.00 (Rupees Nine only) per equity share of Rs.1/- each fully paid, for the Financial Year 2024-25.
    10 for0 against
  • To appoint a Director in place of Mr. A. Venkata Sanjeev (DIN: 07717691) , who retires by rotation.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is not meeting required independence under Board Composition.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed director. Governance Concern: Board is not meeting required independence under Board Composition.
    7 for3 against
  • To appoint a Director in place of Mr. Peerasak Boonmechote (DIN: 10047883), who retires by rotation.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is not meeting required independence under Board Composition.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concerns on the merits of proposed directors. Governance Concern: Board is not meeting required independence under Board Composition.
    7 for3 against
  • Re-appointment of Mr. V Narsi Reddy (DIN: 08685359) as an Independent Director of the Company for a period of Five (5) years.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Nomination & Remuneration Committee member and Board is not meeting required independence under Board Composition.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed director. Governance concern: NRC member and Board is not meeting required independence under Board Composition.
    7 for3 against
  • Appointment of Mr. Alluri Nikhilesh Chowdary (DIN: 07717702) as a Non-Executive Director of the Company.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is not meeting required independence under Board Composition.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concerns on the merits of proposed directors. Governance Concern: Board is not meeting required independence under Board Composition.
    7 for3 against
  • Appointment of Mr. Raghunath Vemali (DIN:10405110) as Non-Executive, Nominee Director of the Company
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, UTI Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is not meeting required independence under Board Composition & Low attendance at Board meetings and no justification for leave of absence.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concerns on the merit of proposed director. Governance Concern: Board is not meeting required independence under Board Composition & Low attendance at Board meetings and no justification for leave of absence.
    • HDFC Mutual FundMr. Raghunath Vemali, 54, is former Executive Director, Andhra Pradesh Industrial Development Corporation (APIDC). He will represent APIDC on the board as per the Investment Agreement dated 12 January 1994 between APIDC and the company. APIDC holds 2.72% equity stake on 30 June 2025. The company must clarify the minimum shareholding, if any, above which APIDC is eligible to appoint a nominee on the board. We do not support the resolution.
    • Kotak Mahindra Mutual FundRaghunath Vemali, 54, is former Executive Director, Andhra Pradesh Industrial Development Corporation (APIDC). He has over three decades of experience in taxation and administration. The company proposes to appoint him as Nominee again w.e.f. 28 May 2025. Raghunath Vemali will not be liable to retire by rotation. We do not support appointment of directors who are not liable to retire by rotation as it creates board permanency We also raise concern over the fact that he attended only one out of four (25%) board meetings held in FY25 during his term. Hence, we do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • UTI Mutual FundRaghunath Vemali, 54, is former Executive Director, Andhra Pradesh Industrial Development Corporation (APIDC). He was initially appointed as Nominee of APIDC w.e.f. 21 December 2023. He ceased to hold office as a director from 21 May 2025, due to continuous absence from Board meetings for a period exceeding 12 months. The company proposes to appoint him as Nominee again w.e.f. 28 May 2025. Raghunath Vemali will not be liable to retire by rotation. We do not support appointment of directors who are not liable to retire by rotation as it creates board permanency. We raise concern over the fact that he attended only one out of four (25%) board meetings held in FY25 during his term. We do not support the resolution.
    2 for8 against
  • Appointment of M/s. V. Bhaskara Rao & Co., Practicing Company Secretaries, as Secretarial Auditors of the Company.
    10 for0 against
6 earlier meetings

Mutual fund votes, meeting of 20 Dec 2024, 13 fund houses

  • APPOINTMENT OF MR. YONGYUT SETTHAWIWAT (DIN: 10792139) AS A NON- EXECUTIVE DIRECTOR OF THE COMPANY
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of Independent Directors.
    • Nippon India Mutual FundBoard is non-compliant with the requirement of Independent Directors, woman Director & woman Independent Director on the Board.
    10 for3 against

Mutual fund votes, meeting of 6 Aug 2024, 13 fund houses

  • To consider and adopt (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2024 and the report of Auditors thereonMoreLess
    13 for0 against
  • To declare Dividend of Rs.6.75 (Rupees Six and Seventy Five paise) per equity share of Rs.1/- each fully paid, for the Financial Year 2023-24.
    13 for0 against
  • To appoint a Director in place of Sri N. Ram Prasad (DIN: 00145558), who retires by rotation.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual FundGovernance Concern: Board is Non-Compliant under Section 152(6). Board is also not meeting required independence under Board Composition.
    • Motilal Oswal Mutual FundRe-appointment compliant with law. Governance Concern: Board is not meeting required independence under Board Composition.
    11 for2 against
  • To appoint a Director in place of Mr. Peerasak Boonmechote (DIN: 10047883), who retires by rotation.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual FundGovernance Concern: Board is Non-Compliant under Section 152(6). Board is also not meeting required independence under Board Composition
    • Motilal Oswal Mutual FundRe-appointment compliant with law. Governance Concern: Board is not meeting required independence under Board Composition.
    11 for2 against
  • To consider and approve the re-appointment of Sri A. Venkata Sanjeev (DIN: 07717691) as a Whole Time Director designated as Executive Director for a further period from 9th August, 2024 to 31st March, 2029 and fixing of remunerationMoreLess
    Against Axis Mutual Fund, Bandhan Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Axis Mutual Fund, DSP Mutual FundIn FY24, A Venkata Sanjeev received a remuneration of Rs. 57.6 mn. We estimate his FY25 remuneration at Rs 70.4 mn which is high for his level of professional experience and high in comparison to peers. While a large portion of his remuneration is variable and linked to company profitability, there is no absolute cap on the remuneration: therefore, as profitability increases, remuneration may be much higher over his tenure. The company must cap the commission payable in absolute amounts. We expect the company to disclose performance metrics that will be used to determine his commission payout. The overall executive remuneration for FY24 is also high at 10.2% of consolidated PBT and 27.6% of employee benefit expense. Further, we note that A Indra Kumar, father of A Venkata Sanjeev, is a member of the Nomination and Remuneration Committee (NRC), we expect only non-tenured independent directors to be NRC members.
    • Bandhan Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundRe-appointment compliant with law. Governance Concern: No absolute cap placed on the commission payable to the Director. Lack of clarity regarding whether any remuneration from the subsidiary company.
    • Edelweiss Mutual FundTwo clauses clubbed in one.
    • Groww Mutual FundGovernance Concern: No absolute cap placed on the Commission payable to the Director.
    • HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
    • ICICI Prudential Mutual FundIn FY2024, A Venkata Sanjeev received a remuneration of Rs. 57.6 million. We estimate his FY25 remuneration at Rs 70.4 mn which is high for his level of professional experience and high in comparison to peers. While a large portion of his remuneration is variable and linked to company profitability, there is no absolute cap on the remuneration: therefore, as profitability increases, remuneration may be much higher over his tenure. The company must cap the commission payable in absolute amounts. The company should disclose performance metrics that will be used to determine his commission payout. The overall executive remuneration for FY2024 is also high at 10.2% of consolidated PBT and 27.6% of employee benefit expense. Further, we note that A Indra Kumar, father of A Venkata Sanjeev, is a member of the Nomination and Remuneration Committee (NRC), we expect only non-tenured independent directors to be NRC members. Considering the aforesaid factors, the AMC has voted against the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    3 for10 against
  • To consider and approve the appointment of Smt. Y Prameela Rani (DIN: 03270909) as an Independent Woman Director of the Company for the period of Five (5) years.
    Against Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, ICICI Prudential Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Aditya Birla Sun Life Mutual Fund, DSP Mutual FundMs. Y. Prameela Rani, 71, is the former General Manager at Andhra Bank. She has worked with the bank for over 36 years in various positions at the Bank such as Branch Manager, Zonal Manager and General Manager at the corporate office. She is an MBA and a CAIIB by qualification. She has been on the board of Avanti Frozen Foods Private Limited, a subsidiary of Avanti Feeds Ltd, since 9 February 2018. We will consider her overall association with the group to compute her tenure. She will complete ten years of association with the group during her proposed tenure. We do not support rotation of tenured Independent Directors within the group as we believe that this is not in line with the spirit of the regulations. Thus, we do not support her appointment as an Independent Director.She will attain 75 years of age during her term and the company seeks approval for her continuation on the board post attainment of 75 years of age. We do not consider age as a criterion for board memberships.
    • Axis Mutual FundMs. Y. Prameela Rani, 71, is the former General Manager at Andhra Bank. She has worked with the bank for over 36 years in various positions at the Bank such as Branch Manager, Zonal Manager and General Manager at the corporate office. She is an MBA and a CAIIB by qualification. She has been on the board of Avanti Frozen Foods Private Limited, a subsidiary of Avanti Feeds Ltd, since 9 February 2018. We will consider her overall association with the group to compute her tenure. She will complete ten years of association with the group during her proposed tenure. We do not support rotation of tenured Independent Directors within the group as we believe that this is not in line with the spirit of the regulations. Thus, we do not support her appointment as an Independent Director. She will attain 75 years of age during her term and the company seeks approval for her continuation on the board post attainment of 75 years of age. We do not consider age as a criterion for board memberships.
    • Bandhan Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundAppointment compliant with law. Governance Concern: Appointment will lead to prolonged association at group level.
    • Edelweiss Mutual FundTwo clauses clubbed in one and not fit and proper at the age.
    • Groww Mutual FundGovernance Concern: Appointment will lead to prolonged association.
    • ICICI Prudential Mutual FundMs. Y. Prameela Rani, 71, is the former General Manager at Andhra Bank. She has worked with the bank for over 36 years in various positions such as Branch Manager, Zonal Manager and General Manager at the corporate office. She is an MBA and a CAIIB by qualification. She has been on the board of Avanti Frozen Foods Private Limited, a subsidiary of Avanti Feeds Ltd, since 9 February 2018. We will consider her overall association with the group to compute her tenure. She will complete ten years of association with the group during her proposed tenure. The AMC do not support rotation of tenured Independent Directors within the group as the same is not in line with the spirit of the regulations. She will attain 75 years of age during her term and the company seeks approval for her continuation on the board post attainment of 75 years of age. Considering the above, the AMC do not support her appointment as an Independent Director.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    3 for10 against
  • To consider and approve the appointment of Dr. Sunkara Venkata Satya Shiva Prasad (DIN: 10404277) as an Independent Director of the Company for the period of Five (5) years
    13 for0 against

Mutual fund votes, meeting of 16 Feb 2024, 9 fund houses

  • Appointment of Mr.Raghunath Vemali (DIN:10405110) as a Non-Executive, Nominee Director of the Company.
    Against Bandhan Mutual Fund, DSP Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundBoard is Non-Compliant with Section 152(6) of Companies Act: The Company does not have required retiring directors on the Board. No concern on merit of proposed appointee.
    • DSP Mutual FundRaghunath Vemali, 52, is Vice Chairperson and Managing Director of Andhra Pradesh Industrial Development Corporation Limited (APIDC). He will represent APIDC on the board as per the Investment Agreement dated 12 January 1994 between APIDC and Avanti Feeds Limited. APIDC holds 2.72% equity stake on 31 December 2023, which is low. He is not liable to retire by rotation. The resolution does not specify a tenure for Raghunath Vemali. We do not support non-rotational board seats for Non-Executive Non-Independent Directors unless the tenure is specified as it may lead to board permanency. We are unable to support the resolution.The company must also clarify the minimum shareholding, if any, above which APIDC is eligible to appoint a nominee on the board.
    • Nippon India Mutual FundInadequate clarity on tenure
    4 for5 against

Mutual fund votes, meeting of 11 Aug 2023, 7 fund houses

  • To consider and adopt (a) the Audited Standalone Financial Statements of the Company for the FinancialnYear ended 31st March, 2023 together with the reports of the Board of Directors and Auditors thereon;nand (b) the Audited Consolidated Financial Statements of the Company for the Financial Year endedn31st March, 2023 together with the report of Auditors thereonMoreLess
    7 for0 against
  • To declare Dividend of Rs.6.25 (Rupees Six and Twenty-Five paise) per equity share of Rs. 1/- each fully paid, for the Financial Year 2022-23.
    7 for0 against
  • To appoint Sri A. Venkata Sanjeev (DIN: 07717691), who retires by rotation as a Director and beingneligible offers himself for reappointment.
    Against SBI Mutual Fund
    • SBI Mutual FundA Venkata Sanjeev, 32, is part of the promoter family and son of A Indra Kumar, Chairperson & MD, Avanti Feeds Ltd. He worked as a Manager-Operations, in the company for about five years and later on he was appointed as Executive Director w.e.f. 9 August 2019. He has attended all the board meetings held in FY23. SBIMF’s internal proxy voting guidelines do not allow us to vote in favor of promoter directors’ appointment/re-appointment if the board is not 50% independent both in number and spirit irrespective of the chairman of the board being an independent director. This is in line with the Kotak committee recommendations. We observe that there are 11 Board of Directors (BODs), out of which 4 are classified as independent directors. Hence, the effective independence is assessed at 36%. We wish to clarify that we do not have any doubt about the competency of the directors. Our only concern is <50% independence on the board. Hence, we do not support the resolution
    6 for1 against
  • To appoint Mr. Bunluesak Sorajjakit (DIN: 02822828), who retires by rotation as a Director and beingneligible offers himself for reappointment.
    7 for0 against
  • To consider and approve the re-appointment of Sri J. V. Ramudu as an Independent Director for anfurther period of Five (5) years.
    7 for0 against

Mutual fund votes, meeting of 29 Apr 2023, 7 fund houses

  • APPOINTMENT OF MR. G. SUDARSAN BABU (DIN: 09402807) AS A NON-EXECUTIVE NOMINEE DIRECTOR OF THE COMPANY.
    Against Bandhan Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund
    • Bandhan Mutual FundCompliant with law. Governance concern: Mr. Gurrala Sudarsan Babu is proposed to be appointed for perpetuity.
    • Nippon India Mutual FundPerpetual approval, hence not approved
    • SBI Mutual FundGurrala Sudarsan Babu, 59, is Executive Director of Andhra Pradesh Industrial Development Corporation Limited (APIDC). He will represent APIDC on the board as per the Investment Agreement dated 12 January 1994 between APIDC and the company. APIDC holds 2.72% equity stake on 31 December 2022, which is low. Gurrala Sudarshan Babu will not be liable to retire by rotation. We understand that the nominee directors appointed in the past under the Investment Agreement with APIDC have not come up for shareholder approval. We believe that shareholders should get to vote on the appointment and reappointment of non-executive directors on a periodic basis. We do not support appointment of directors who are not liable to retire by rotation as it creates board permanency. The company must clarify the minimum shareholding, if any, above which APIDC is eligible to appoint a nominee on the board.
    4 for3 against
  • APPOINTMENT OF MR. PEERASAK BOONMECHOTE (DIN: 10047883) AS A NON-EXECUTIVE DIRECTOR OF THE COMPANY.
    7 for0 against

Mutual fund votes, meeting of 12 Aug 2022, 8 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial year ended 31st March, 2022, and the Report of the Auditors thereon and the Board’s Report.The Audited Consolidated Financial Statements of the Company for the Financial year ended 31st March, 2022 and the Report of the Auditors thereon.MoreLess
    8 for0 against
  • To declare Dividend of Rs 6.25 (Rupees Six and Twenty-Five paise) per equity share of Rs.1/- each fully paid, for the Financial Year 2021-22.
    8 for0 against
  • To appoint a Director in place of Sri N. Ram Prasadn (DIN 00145558) who retires by rotation and being eligible offers himself for re-appointment.
    Against HSBC Mutual Fund, SBI Mutual Fund
    • HSBC Mutual FundA vote against this resolution is warranted as this is against appointing non-independent candidates if board is less than 50% independent and where board chair is an executive or the promoter.
    • SBI Mutual FundSBIMF’s internal proxy voting guidelines are aligned to Kotak Committee Recommendations and do not allow us to vote in favor of promoter directors’ appointment/re-appointment if the board is not 50% independent. We note that there are 4/11 directors classified as Independent i.e. 36% independence. We understand that the company is compliant to the SEBI LODR which requires 33% board independence when the Chairperson is an independent director. However, since our guidelines align with Kotak Committee, for us 50% independence criteria is important. We wish to emphasize that we do not have any doubt over the competency of Mr Prasad, and his presence on the board adds value to the minority shareholders. Our only concern is <50% board independence.
    6 for2 against
  • To appoint a Director in place of Mr. Bunluesak Sorajjakit (DIN 02822828), who retires by rotation and being eligible offers himself for re-appointment.
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote against this resolution is warranted as this is against appointing non-independent candidates if board is less than 50% independent and where board chair is an executive or the promoter.
    7 for1 against
  • To re-appoint M/s. Tukaram Co., LLP, Chartered Accountants as Independent Auditors of the Company and to fix their remuneration.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundInadequate disclosure
    7 for1 against
  • To consider and approve revision in Managerial Remuneration of Sri A. Indra Kumar, Chairman Managing Director of the Company for the period 1st April, 2022 to 30th June, 2026.
    Against HDFC Mutual Fund, HSBC Mutual Fund, Nippon India Mutual Fund
    • HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
    • HSBC Mutual FundA vote against this resolution is desired as it could negatively impact shareholder rights. The company's explanation for awarding another salary increment in a span of one year is not considered to be compelling enough. -The company is seeking a blanket approval for A. Indra Kumar's remuneration, which prevents the shareholders from reviewing the terms of his pay for the entire period. The framework envisages increases in pay levels for the rest of his term, irrespective of company performance. -The pay levels are aggressively positioned compared to market practices. - Indra Kumar belongs to the promoter group and is a member of the nomination and remuneration committee, which is likely to create conflicts of interest and undermine the committee's objectivity and effectiveness, while determining his remuneration terms.
    • Nippon India Mutual FundRemuneration is high
    5 for3 against
  • To consider and approve revisions in Managerial Remuneration of Sri A. Venkata Sanjeev, Whole-time Director of the Company for the period 1st April, 2022 to 8th August, 2024.
    Against HDFC Mutual Fund, Nippon India Mutual Fund
    • HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
    • Nippon India Mutual FundRemuneration is high
    6 for2 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

None open at any 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.