Balu Forge Industries MD, chairman, board of directors and AGM
NSE: BALUFORGEBSE: 531112Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹442.55.
- 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.
- ₹5,123 Cr752nd 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 12 Aug 2026
- 19.1
- 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.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.04%
- 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 12 Aug 2026
- 20.2%
- 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 12 Aug 2026
- 17.5%
- 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 30 May 2026
- 0.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,94,06743.4% delivered
Balu Forge Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorJASPALSINGH PREHLADSINGH CHANDOCK
- Company Secretary and Compliance OfficerTabassum Begum
6 directors3 independent3 executive
- JASPALSINGH PREHLADSINGH CHANDOCK · Chairperson and managing directorExecutive · joined Nov 2020 · reappointed Nov 2023 · 31 months as independent · 1 listed board
- TRIMAAN JASPALSINGH CHANDOCKExecutive · joined Nov 2020 · reappointed Nov 2023 · 31 months as independent · 1 listed board · 1 committee seat
- JAIKARAN JASPALSINGH CHANDOCKExecutive · joined Nov 2020 · reappointed Nov 2023 · 31 months as independent · 1 listed board
- RADHEY SHYAM SONIIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 4 as chair
- SHALU LAXMANRAJ BHANDARIIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- ROOP LAL MEENAIndependent · joined Feb 2025 · reappointed Feb 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.
1 director who left
- RAGHVENDRA RAJ MEHTA, left 6 May 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present3 independent · 4 days in between
- 25 May 20265 of 6 present2 independent · 101 days in between
- 12 Feb 20267 of 7 present4 independent
Audit Committee
Chair RADHEY SHYAM SONI
SHALU LAXMANRAJ BHANDARI, TRIMAAN JASPALSINGH CHANDOCK, ROOP LAL MEENA
- 30 May 20264 of 4 present3 independent · 4 days in between
- 25 May 20263 of 4 present2 independent · 101 days in between
- 12 Feb 20265 of 5 present4 independent
Nomination and remuneration committee
Chair RADHEY SHYAM SONI
SHALU LAXMANRAJ BHANDARI, ROOP LAL MEENA
- 25 May 20262 of 3 present2 independent · 101 days in between
- 12 Feb 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair RADHEY SHYAM SONI
ROOP LAL MEENA, TRIMAAN JASPALSINGH CHANDOCK
- 30 May 20263 of 3 present3 independent · 4 days in between
Risk Management Committee
Chair TRIMAAN JASPALSINGH CHANDOCK
JAIKARAN JASPALSINGH CHANDOCK, RADHEY SHYAM SONI
- 30 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair RADHEY SHYAM SONI
TRIMAAN JASPALSINGH CHANDOCK, JAIKARAN JASPALSINGH CHANDOCK
- 30 May 20263 of 3 present1 independent
MANAGEMENT COMMITTEE
Chair JASPALSINGH PREHLADSINGH CHANDOCK
TRIMAAN JASPALSINGH CHANDOCK, JAIKARAN JASPALSINGH CHANDOCK
- 21 Apr 20263 of 3 present0 independent · 27 days in between
- 24 Mar 20263 of 3 present0 independent · 61 days in between
- 21 Jan 20263 of 3 present0 independent
Independent Directors Meeting
- 12 Feb 20264 of 4 present4 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.
- M.B. Agrawal & Co.Peer-review certificate valid to Mar 2028
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.
Balu Forge Industries 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.Balu Forge Industries dividend history
Annual general meeting, 30 Sep 2026
82,598 shareholders on the register on 23 Sep 2026; present: 3 promoters and 79 others; votes counted by Jaymin Modi / Jaymin Modi & 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 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.09% · promoters 100.00% · institutions 3.15% · other public 4.94%
- Declaration of Final Dividend at the rate of 1.5% i.e. 0.15 per equity share of Rs. 10/- each fully paid-up for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.09% · promoters 100.00% · institutions 3.15% · other public 4.94%
- To re-appoint Mr. Trimaan Jaspalsingh Chandock (DIN: 02853445), who retires by rotation as a Director and being eligible, offers himself for re-appointmentOrdinary99.94% for0.06% against
Against: promoters 0.00% · institutions 15.95% · other public 0.05%
Turnout: all 56.09% · promoters 100.00% · institutions 2.14% · other public 5.21%
- Ratification of Remuneration of Cost Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.09% · promoters 100.00% · institutions 3.15% · other public 4.94%
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, 4 Sep 2026, 3 resolutions
80,995 shareholders on the register on 28 Aug 2026; present: 3 promoters and 45 others; votes counted by Jaymin Modi / M/s. Jaymin Modi and Co.The company's voting result (opens in a new tab)
- TO APPROVE RAISING OF FUNDS BY ISSUANCE OF FOREIGN CURRENCY CONVERTIBLE BONDSSpecial99.82% for0.18% against
Against: promoters 0.00% · institutions 58.00% · other public 0.01%
Turnout: all 55.99% · promoters 100.00% · institutions 2.47% · other public 4.69%
- TO APPROVE THE OVERALL BORROWING LIMITS U/S 180(1)(C) OF THE COMPANIES ACT, 2013Special99.82% for0.18% against
Against: promoters 0.00% · institutions 58.00% · other public 0.01%
Turnout: all 55.99% · promoters 100.00% · institutions 2.47% · other public 4.69%
- TO AUTHORIZE BOARD OF DIRECTORS U/S 180 (1) (a) OF THE COMPANIES ACT, 2013 TO CREATE CHARGES ON MOVABLE AND IMMOVABLE PROPERTIES OF THE COMPANYSpecial99.82% for0.18% against
Against: promoters 0.00% · institutions 58.00% · other public 0.02%
Turnout: all 55.99% · promoters 100.00% · institutions 2.47% · other public 4.69%
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.
Postal ballot, 26 Jun 2026, 2 resolutions
80,556 shareholders on the register on 22 May 2026; votes counted by Jaymin Modi / Jaymin Modi & Co..The company's voting result (opens in a new tab)
- Re-appointment of Mr. Radhey Shyam Soni (DIN: 07962657) as an Independent Director of the Company for a period of two years.Special99.92% for0.08% against
Against: promoters 0.00% · institutions 8.02% · other public 0.26%
Turnout: all 55.21% · promoters 100.00% · institutions 7.69% · other public 0.76%
- Re-appointment of Mrs. Shalu Laxmanraj Bhandari (DIN: 00012556) as an Independent Director of the Company for a period of two years.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 4.52% · other public 0.37%
Turnout: all 55.21% · promoters 100.00% · institutions 7.69% · other public 0.75%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2025, 8 resolutions
74,189 shareholders on the register on 22 Sep 2025; present: 3 promoters and 114 others; votes counted by Jaymin Modi / M/s Jaymin Modi & Co..The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 and the Reports of the Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
- To declare a Final Dividend at the rate of 1.5% i.e. 0.15 per equity share of Rs. 10/- each fully paid-up for the Financial Year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
- To re-appoint Mr. Jaikaran Jaspalsingh Chandock (DIN: 06965738), 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 0.49%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
- Re-appointment of M/s. M. B. Agrawal & Co., Chartered Accountants (Registration No. 100137W) as the Statutory Auditors of the Company for a term of Five YearsOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 1.52% · other public 0.18%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
Appointment of M/s. Prachi Bansal and Associates, Practicing Company Secretaries (FRN: I2020HR2093500) as Secretarial Auditors of the company for term of five (5) Consecutive Years and Fixation of RemunerationMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
- Ratification of Remuneration of Cost Auditors of the Company:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
- Approval for enhancing borrowing power up to ₹500 Crores under Section 180(1) c of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
- Approval for Creation of Charge on Company Assets up to ₹500 Crores under Section 180(1)(a) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.48% · promoters 100.00% · institutions 12.55% · other public 7.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 23 Apr 2025, 1 resolution
73,561 shareholders on the register on 21 Mar 2025; votes counted by Jaymin Modi / CS Jaymin Modi & Co.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. ROOP LAL MEENA (DIN: 10938270) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A TERM OF FIVE YEARSSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 55.28% · promoters 100.00% · institutions 0.00% · other public 1.54%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 4 resolutions
Present: 3 promoters and 87 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 and the Reports of the Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.24% · promoters 100.00% · institutions 0.00% · other public 6.31%
- To declare a Final Dividend at the rate of 1.5% i.e. 0.15 per equity share of Rs. 10/- each fully paid-up for the Financial Year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 59.24% · promoters 100.00% · institutions 0.00% · other public 6.31%
- To re-appoint Mr. Jaspalsingh Prehladsingh Chandock (DIN: 00813218), who retires by rotation as a Director and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 2.18% · promoters 0.00% · institutions 0.00% · other public 6.31%
- Ratification of Remuneration of Cost Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.24% · promoters 100.00% · institutions 0.00% · other public 6.31%
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, 9 Aug 2024, 4 resolutions
Present: 2 promoters and 70 others.The company's voting result (opens in a new tab)
- TO CONSIDER AND IF THOUGHT FIT, TO PASS, WITH OR WITHOUT MODIFICATIONS, THEnFOLLOWING RESOLUTION AS AN ORDINARY RESOLUTIONnINCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANY:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.18% · promoters 100.00% · institutions 0.00% · other public 14.62%
- TO CONSIDER AND APPROVE ISSUE OF EQUITY SHARES ON PREFERENTIALnBASIS TO THE NON-PROMOTER PUBLIC CATEGORY INVESTOR FOR CASHSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.18% · promoters 100.00% · institutions 0.00% · other public 14.62%
- TO CONSIDER AND APPROVE ISSUE OF WARRANTS CONVERTIBLE INTOnEQUITY SHARES ON PREFERENTIAL BASIS TO THE PROMOTER & NON-PROMOTER PUBLICnCATEGORY INVESTOR FOR CASHSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.11% · promoters 0.00% · institutions 0.00% · other public 14.62%
- TO AMEND / MODIFY ITEM NO 6 OF THE NOTICE OF THE 34TH ANNUALnGENERAL MEETING OF THE MEMBERS OF THE COMPANY DATED 04TH SEPTEMBER 2023Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.18% · promoters 100.00% · institutions 0.00% · other public 14.62%
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 30 Sep 2026, 1 fund house 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 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Auditors thereonMoreLess
1 for0 against- Declaration of Final Dividend at the rate of 1.5% i.e. 0.15 per equity share of Rs. 10/- each fully paid-up for the Financial Year ended March 31, 20261 for0 against
- To re-appoint Mr. Trimaan Jaspalsingh Chandock (DIN: 02853445), who retires by rotation as a Director and being eligible, offers himself for re-appointment1 for0 against
- Ratification of Remuneration of Cost Auditors of the Company1 for0 against
Mutual fund votes, meeting of 4 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
To borrow from time to time any sum or sums of money, whether in Indian Rupees or in foreign currency, from banks, financial institutions, bodies corporate, government authorities, external commercial borrowings, or any other persons, whether by way of loans, advances, credit facilities, issuance of debentures, Foreign Currency Convertible Bonds (FCCBs) bonds, commercial papers or other debt instruments or otherwise, notwithstanding that the money or monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained from the Companys bankers in the ordinary course of business) may exceed the aggregate of the paid-up share capital, free reserves and securities premium of the Company, provided that the total amount so borrowed and outstanding at any point of time shall not exceed Rs. 10,000,000,000/-.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance and Transparency Concerns: Majority of the existing borrowing limit is unutilized, and no adequate disclosures provided for the proposed increase when the existing limit is significantly unutilized.
0 for1 againstTo create, offer, invite for subscription, issue and allot unsecured and/or secured, listed and/or unlisted, Foreign Currency Convertible Bonds denominated in foreign currency(ies) or its equivalent in Indian rupees or any combination thereof (hereinafter referred to as FCCBs/Securities) through one or more issuances and/or in one or more tranches or otherwise, from time to time, for an aggregate amount of up to and not exceeding USD 60 Million.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance and Transparency Concern: Proposed enabling approval for fund raising has a potential to cause significant dilution. However, the Company has not provided adequate disclosures regarding the need for funds and rationale behind not opting for Rights Issue as a mode of fund-raising.
0 for1 againstTo create/renew such mortgages, charges, hypothecations and floating charges, including existing mortgages, charges and hypothecations created by the Board on behalf of the Company, on such movable and immovable properties of the Company, both present and future, and in such form and manner as the Board may deem fit, to secure any Indian Rupees or Foreign Currency loans and/or the issue of Debt Securities whether partly/ fully convertible or non-convertible and/or the issue of Rupee/Foreign Currency Convertible Bonds and/or advances and/or all other moneys payable by the Company to its lender(s) (hereinafter collectively referred to as Loans), provided that the total amount of loans, already obtained or to be obtained from any Financial Institution, Bank, Body Corporate, Company or any other person(s), together with interest thereon, liquidated damages, commitment charges, premia on pre-payment and other cost and charges expenses and all other monies payable by the Company in respect of said loans, shall not at any time exceed an amount of Rs. 10,000,000,000/-.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance and Transparency Concerns: Majority of the existing borrowing limit is unutilized, and no adequate disclosures provided for the proposed increase when the existing limit is significantly unutilized. The proposed charge creation limit is primarily linked to the borrowing limit. Hence, concerns are identified with the charge creation limit as well.
0 for1 against
2 earlier meetings
Mutual fund votes, meeting of 26 Jun 2026, 5 fund houses
- Re-appointment of Mr. Radhey Shyam Soni (DIN: 07962657) as an Independent Director of the Company for a period of two years.5 for0 against
- Re-appointment of Mrs. Shalu Laxmanraj Bhandari (DIN: 00012556) as an Independent Director of the Company for a period of two years.5 for0 against
Mutual fund votes, meeting of 29 Sep 2025, 5 fund houses
To receive, consider and adopt the audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 and the Reports of the Directors and the Auditors thereonMoreLess
5 for0 against- To declare a Final Dividend at the rate of 1.5% i.e. 0.15 per equity share of Rs. 10/- each fully paid-up for the Financial Year ended March 31, 20255 for0 against
- To re-appoint Mr. Jaikaran Jaspalsingh Chandock (DIN: 06965738), who retires by rotation as a Director and being eligible, offers himself for re-appointment:5 for0 against
- Re-appointment of M/s. M. B. Agrawal & Co., Chartered Accountants (Registration No. 100137W) as the Statutory Auditors of the Company for a term of Five Years5 for0 against
Appointment of M/s. Prachi Bansal and Associates, Practicing Company Secretaries (FRN: I2020HR2093500) as Secretarial Auditors of the company for term of five (5) Consecutive Years and Fixation of RemunerationMoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund
- Angel One Mutual FundTransparency Concern: Previous auditors’ remuneration not disclosed; it cannot be ascertained as to whether there is any material change in the proposed Audit fee.
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: Previous auditors’ remuneration not disclosed; it cannot be ascertained as to whether there is any material change in the proposed Audit fee.
2 for3 against- Ratification of Remuneration of Cost Auditors of the Company:5 for0 against
- Approval for enhancing borrowing power up to ₹500 Crores under Section 180(1) c of the Companies Act, 20135 for0 against
- Approval for Creation of Charge on Company Assets up to ₹500 Crores under Section 180(1)(a) of the Companies Act, 2013
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
4 for1 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSESince 6 May 2026
Imposition of fine of Rs. 2,40,000/- for delay in making application (case id- 267666) for trading approval to stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s.
Delay in making application for trading approval to stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s. - Fine or penaltyBSESince 14 May 2026
Imposition of fine of Rs. 2,40,000/- for delay in making application (case id- 267669) for trading approval to stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s.
Delay in making application for trading approval to stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s. - Fine or penaltyNSESince 14 May 2026
Imposition of fine of Rs. 4,80,000/- for delay in making application no. 54998 and 54999 for trading approval to stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s.
Delay in making application for trading approval to stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s
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
- 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
- Yes
- 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 IssuesFeb 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 44.01 | Purchase & installation of new & existing Plant & Machinery | 11.00 | 11.00 | No |
| Preferential IssuesFeb 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 44.01 | For Working Capital Requirements of the Company | 22.01 | 22.01 | No |
| Preferential IssuesFeb 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 44.01 | To meet general corporate purpose which shall not exceed 25% of the Issue Size | 11.00 | 11.00 | No |
| Preferential IssuesMar 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 55.62 | Purchase & installation of new & existing Plant & Machinery | 13.91 | 13.91 | No |
| Preferential IssuesMar 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 55.62 | For Working Capital Requirements of the Company | 27.81 | 27.81 | No |
| Preferential IssuesMar 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 55.62 | To meet general corporate purpose which shall not exceed 25% of the Issue Size | 13.91 | 13.91 | No |
| Preferential IssuesMar 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 46.17 | Purchase & installation of new & existing Plant & Machinery | 11.54 | 11.54 | No |
| Preferential IssuesMar 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 46.17 | For Working Capital Requirements of the Company | 23.09 | 23.09 | No |
| Preferential IssuesMar 2026, checked by Infomerics Valuation and Rating Pvt. Ltd. | 46.17 | To meet general corporate purpose which shall not exceed 25% of the Issue Size | 11.54 | 11.54 | No |