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Bata India CEO, MD, chairman, board of directors and AGM

NSE: BATAINDIABSE: 500043Consumer DurablesSmall Cap

Last close ₹633.85down ₹2.65 (0.42%)BSE ₹633.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹636.50.

52-week range of traded prices to 23 Oct 2026
₹599.60Low, 13 Oct 2026₹1,195.00High, 27 Oct 2025
Market cap
₹8,147 Cr570th largest listed
P/E
55.7
P/E without one-offs
42.8
P/B
5.1
Dividend yield
5.36%
ROE
9.2%
ROE without one-offs
12.0%
ROCE
18.4%
Debt to equity
0.00
Volume, NSE
2,08,13143.3% delivered

Bata India 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

  • ChairpersonAshwani Windlass
  • Managing director and CEOGunjan Dineshkumar Shah
  • Company Secretary and Compliance OfficerNitin Bagaria

8 directors4 independent2 executive2 non-executive

  • Ashwani Windlass · ChairpersonIndependent · joined Nov 2019 · reappointed Nov 2024 · 79 months as independent · 4 listed boards · 4 as independent · 4 committee seats, 2 as chair
  • Radha RajappaIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 4 listed boards · 4 as independent · 4 committee seats
  • Ashok Kumar BaratIndependent · joined Dec 2018 · reappointed Dec 2023 · 90 months as independent · 7 listed boards · 7 as independent · 9 committee seats, 5 as chair
  • Mukesh Hari ButaniIndependent · joined Jun 2024 · reappointed Jun 2024 · 25 months as independent · 6 listed boards · 6 as independent · 8 committee seats, 4 as chair
  • Shaibal SinhaNon-executive · joined Jan 2021 · 1 listed board · 2 committee seats
  • Gerd GraehslerNon-executive · joined Oct 2023 · 1 listed board · 1 committee seat, 1 as chair
  • Gunjan Dineshkumar Shah · Managing director and CEOExecutive · joined Jun 2021 · 1 listed board · 1 committee seat
  • Amit AggarwalExecutive · joined Dec 2024 · 1 listed board

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.

2 directors who left
  • Ravindra Dhariwal, left 26 May 2025: Tenure Completion
  • Kanchan Chehal, left 5 Nov 2024: Others

Committees and meetings

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

  • Board

    • 18 Jun 20268 of 8 present4 independent · 21 days in between
    • 27 May 20268 of 8 present4 independent · 106 days in between
    • 9 Feb 20268 of 8 present4 independent

  • Audit Committee

    Chair Mukesh Hari Butani

    Ashok Kumar Barat, Shaibal Sinha, Radha Rajappa

    • 27 May 20264 of 4 present3 independent · 50 days in between
    • 6 Apr 20264 of 4 present3 independent · 55 days in between
    • 9 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Radha Rajappa

    Ashwani Windlass, Gerd Graehsler, Mukesh Hari Butani

    • 18 Jun 20264 of 4 present3 independent · 21 days in between
    • 27 May 20264 of 4 present3 independent · 106 days in between
    • 9 Feb 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Gerd Graehsler

    Gunjan Dineshkumar Shah, Radha Rajappa, Shaibal Sinha

    • 9 Feb 20264 of 4 present1 independent

  • Risk Management Committee

    Chair Ashok Kumar Barat

    Mukesh Hari Butani, Radha Rajappa, Gunjan Dineshkumar Shah, Shaibal Sinha, Anjan Kundu, Meeru G Gupta, Sidharth Vijayvergia

    • 25 Jun 20264 of 5 present3 independent

  • Corporate Social Responsibility Committee

    Chair Ashwani Windlass

    Gunjan Dineshkumar Shah, Shaibal Sinha

    • 27 May 20263 of 3 present1 independent · 5 days in between
    • 21 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s Price Waterhouse Chartered Accountants LLPPeer-review certificate valid to Nov 2026
1 earlier auditor
  • Price Waterhouse Chartered Accountants LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Bata India 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.Bata India dividend history

Annual general meeting, 12 Aug 2026

2,57,236 shareholders on the register on 5 Aug 2026; present: 1 promoter and 192 others; votes counted by Mr. Gagan Verma / M/s Kochhar & Co., Advocates and Legal Consultants.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.63%

    Turnout: all 81.40% · promoters 100.00% · institutions 94.80% · other public 0.24%

  2. DECLARATION OF DIVIDEND OF RS. 9/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP, FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.99%

    Turnout: all 81.40% · promoters 100.00% · institutions 94.80% · other public 0.23%

  3. RE-APPOINTMENT OF MR. GERD GRAEHSLER (DIN: 10337180) AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION.
    Ordinary
    93.98% for6.02% against

    Against: promoters 0.00% · institutions 15.70% · other public 5.71%

    Turnout: all 81.40% · promoters 100.00% · institutions 94.80% · other public 0.23%

  4. APPOINTMENT OF MR. SANJAY S. RAO AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.39% · other public 4.05%

    Turnout: all 81.40% · promoters 100.00% · institutions 94.80% · other public 0.23%

  5. APPOINTMENT OF MR. SANJAY S. RAO AS A WHOLE-TIME DIRECTOR AND FIXING HIS REMUNERATION.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.25% · other public 4.22%

    Turnout: all 81.40% · promoters 100.00% · institutions 94.80% · other public 0.23%

  6. APPOINTMENT OF MR. SANJAY S. RAO AS THE MANAGING DIRECTOR AND FIXING HIS REMUNERATION.
    Ordinary
    97.95% for2.05% against

    Against: promoters 0.00% · institutions 5.33% · other public 5.64%

    Turnout: all 81.40% · promoters 100.00% · institutions 94.80% · other public 0.23%

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 May 2026, 1 resolution

2,50,833 shareholders on the register on 17 Apr 2026; votes counted by Mr. Gagan Verma / M/s Kochhar & Co., Advocates and Legal Consultants.The company's voting result (opens in a new tab)

  1. Re-appointment of Ms. Radha Rajappa (DIN: 08530439) as an Independent Director of the Company
    Special
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 1.25% · other public 4.27%

    Turnout: all 83.68% · promoters 100.00% · institutions 95.34% · other public 2.51%

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, 12 Aug 2025, 4 resolutions

2,43,762 shareholders on the register on 5 Aug 2025; present: 1 promoter and 169 others; votes counted by Mr. Gagan Verma / M/s Kochhar & Co., Advocates and Legal Consultants.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.38%

    Turnout: all 84.42% · promoters 100.00% · institutions 94.56% · other public 0.24%

  2. CONFIRMATION OF PAYMENT OF INTERIM DIVIDEND OF RS. 10/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP AND DECLARATION OF FINAL DIVIDEND OF RS. 9/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP, FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, AS RECOMMENDED BY THE BOARD.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 84.42% · promoters 100.00% · institutions 94.56% · other public 0.24%

  3. RE-APPOINTMENT OF MR. SHAIBAL SINHA (DIN:00082504) AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION.
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.57% · other public 2.96%

    Turnout: all 84.42% · promoters 100.00% · institutions 94.56% · other public 0.24%

  4. APPOINTMENT OF M/S. CHANDRASEKARAN ASSOCIATES, COMPANY SECRETARIES, TO CONDUCT SECRETARIAL AUDIT FOR A TERM OF 5 (FIVE) CONSECUTIVE YEARS AND AUTHORISATION TO THE BOARD OF DIRECTORS TO FIX REMUNERATION.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.70%

    Turnout: all 84.42% · promoters 100.00% · institutions 94.55% · other public 0.24%

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, 1 Mar 2025, 2 resolutions

2,40,047 shareholders on the register on 24 Jan 2025; votes counted by Mr. Gagan Verma / M/s Kochhar & Co., Advocates and Legal Consultants.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Amit Aggarwal (DIN: 10825970) as a Director of the Company, liable to retire by rotation
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.45% · other public 2.25%

    Turnout: all 85.45% · promoters 100.00% · institutions 95.71% · other public 2.36%

  2. Appointment of Mr. Amit Aggarwal (DIN: 10825970) as a Whole-time Director of the Company and fixing his remuneration
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.54% · other public 2.42%

    Turnout: all 85.45% · promoters 100.00% · institutions 95.71% · other public 2.36%

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, 7 Aug 2024, 5 resolutions

Present: 1 promoter and 152 others.The company's voting result (opens in a new tab)

  1. TO ADOPT AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.13%

    Turnout: all 84.31% · promoters 100.00% · institutions 94.64% · other public 0.27%

  2. TO DECLARE DIVIDEND OF RS. 12/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP, FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024, AS RECOMMENDED BY THE BOARD
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.52%

    Turnout: all 84.31% · promoters 100.00% · institutions 94.64% · other public 0.27%

  3. TO RE-APPOINT MR. ANIL RAMESH SOMANI (DIN: 10119789) AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.39% · other public 7.69%

    Turnout: all 84.31% · promoters 100.00% · institutions 94.64% · other public 0.27%

  4. TO RE-APPOINT MR. ASHWANI WINDLASS AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.13% · other public 10.05%

    Turnout: all 84.31% · promoters 100.00% · institutions 94.64% · other public 0.27%

  5. TO APPOINT MR. MUKESH HARI BUTANI AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 1.11% · other public 8.72%

    Turnout: all 84.08% · promoters 100.00% · institutions 93.99% · other public 0.27%

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

Postal ballot, 6 Jan 2024, 1 resolution

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

  1. Appointment of Mr. Gerd Graehsler (DIN: 10337180) as a Non-Executive Director of the Company, liable to retire by rotation
    Ordinary
    97.73% for2.27% against

    Against: promoters 0.00% · institutions 5.49% · other public 5.23%

    Turnout: all 85.66% · promoters 100.00% · institutions 94.06% · other public 0.61%

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

Annual general meeting, 10 Aug 2023, 4 resolutions

Present: 1 promoter and 129 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.82%

    Turnout: all 85.26% · promoters 100.00% · institutions 93.08% · other public 0.42%

  2. Declaration of Dividend of Rs. 13.50 per Equity Share of Rs. 5/- each, fully paid-up, for the financial year ended March 31, 2023, as recommended by the Board.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.27% · promoters 100.00% · institutions 93.12% · other public 0.41%

  3. Re-appointment of Ms. Kanchan Chehal (DIN: 09263584) as a Director of the Company, liable to retire by rotation.
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.37% · other public 3.06%

    Turnout: all 85.26% · promoters 100.00% · institutions 93.08% · other public 0.41%

  4. To approve payment of remuneration to Non-Executive Directors (including Independent Directors) of the Company.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.05% · other public 2.49%

    Turnout: all 85.26% · promoters 100.00% · institutions 93.08% · other public 0.41%

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, 1 Jul 2023, 6 resolutions

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

  1. Appointment of Mr. Anil Ramesh Somani as a Director of the Company, Liable to retire by rotation.
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.32% · other public 2.82%

    Turnout: all 83.91% · promoters 100.00% · institutions 91.99% · other public 0.70%

  2. Appointment of Mr. Anil Ramesh Somani as a Whole-time Director of the Company and fixing his remuneration.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.04% · other public 2.96%

    Turnout: all 83.91% · promoters 100.00% · institutions 91.99% · other public 0.70%

  3. Appointment of Mr. Ravindra Dhariwal as a Non-Executive Non-Independent Director of the Company, liable to retire by rotation.
    Ordinary
    99.25% for0.75% against

    Against: promoters 0.00% · institutions 1.87% · other public 2.93%

    Turnout: all 83.91% · promoters 100.00% · institutions 91.99% · other public 0.70%

  4. Re-appointment of Mr. Ashok Kumar Barat as an Independent Director nof the Company.n
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.31% · other public 3.12%

    Turnout: all 83.91% · promoters 100.00% · institutions 91.99% · other public 0.70%

  5. Payment of remuneration for the financial year 2022-23 to Non-Executive nDirectors (including Independent Directors) of the Company.n
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.08% · other public 4.66%

    Turnout: all 83.91% · promoters 100.00% · institutions 91.99% · other public 0.70%

  6. Place of keeping the Register of Members, etc. of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.32%

    Turnout: all 83.91% · promoters 100.00% · institutions 91.99% · other public 0.70%

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.

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 12 Aug 2026, 7 fund houses so far (houses' deadline to file 15 Oct 2026)

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

  • ADOPTION OF AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.MoreLess
    7 for0 against
  • DECLARATION OF DIVIDEND OF RS. 9/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP, FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026.
    7 for0 against
  • RE-APPOINTMENT OF MR. GERD GRAEHSLER (DIN: 10337180) AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION.
    7 for0 against
  • APPOINTMENT OF MR. SANJAY S. RAO AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION
    7 for0 against
  • APPOINTMENT OF MR. SANJAY S. RAO AS A WHOLE-TIME DIRECTOR AND FIXING HIS REMUNERATION.
    7 for0 against
  • APPOINTMENT OF MR. SANJAY S. RAO AS THE MANAGING DIRECTOR AND FIXING HIS REMUNERATION.
    Against Jio BlackRock Mutual Fund
    • Jio BlackRock Mutual FundUnder the proposed terms, Sanjay S. Rao’s fixed pay aggregates Rs. 44.4 mn for FY27 and FY28. He is also entitled to a one-time equity forfeiture compensation of Rs. 20.4 mn, payable over the first two years of his appointment. His short-term incentive bonus is capped at Rs. 31.8 mn per annum. The terms also provide for a long-term incentive plan (LTIP) computed at 4% of the 'achieved pool' at the end of 2028. The company has clarified that the achieved pool is a function of Group net profit after tax and a matrix outturn linked to Group turnover and stock turn. These, however, are internal workings that have not been explained, and there is no absolute cap on the LTIP payout. The LTIP is therefore open-ended, and we are unable to estimate his aggregate remuneration over the period of his appointment. Further, since the remuneration is USD-denominated and will be recalculated at the exchange rate prevailing when his tenure commences, the INR figures above are subject to exchange rate movements. The company must cap overall remuneration in absolute terms and disclose the basis of calculating 'achieved pool' and LTIP, including the performance metrics that determine variable pay. While we support his appointment as Director, CEO and Managing Director, we are unable to ascertain his aggregate remuneration and therefore do not support the resolution.
    5 for1 against
1 proposal not matched to one resolution
  • Appoint Sanjay S. Rao (DIN: 02743920) as Managing Director from 1 October 2026 to 23 August 2031, not liable to retire by rotation and fix his remuneration
    Against DSP Mutual Fund
    • DSP Mutual FundUnder the proposed terms, Sanjay S. Rao’s fixed pay aggregates Rs. 44.4 mn for FY27 and FY28. He is also entitled to a one-time equity forfeiture compensation of Rs. 20.4 mn, payable over the first two years of his appointment. His short-term incentive bonus is capped at Rs. 31.8 mn per annum. The terms also provide for a long-term incentive plan (LTIP) computed at 4% of the 'achieved pool' at the end of 2028. The company has clarified that the achieved pool is a function of Group net profit after tax and a matrix outturn linked to Group turnover and stock turn. These, however, are internal workings that have not been explained, and there is no absolute cap on the LTIP payout. The LTIP is therefore open-ended, and we are unable to estimate his aggregate remuneration over the period of his appointment. Further, since the remuneration is USD-denominated and will be recalculated at the exchange rate prevailing when his tenure commences, the INR figures above are subject to exchange rate movements. The company must cap overall remuneration in absolute terms and disclose the basis of calculating 'achieved pool' and LTIP, including the performance metrics that determine variable pay. While we support his appointment as Director, CEO and Managing Director, we are unable to ascertain his aggregate remuneration and therefore do not support the resolution.
    0 for1 against

Mutual fund votes, meeting of 23 May 2026, 22 fund houses

  • Re-appointment of Ms. Radha Rajappa (DIN: 08530439) as an Independent Director of the Company
    22 for0 against
6 earlier meetings

Mutual fund votes, meeting of 12 Aug 2025, 20 fund houses

  • ADOPTION OF AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.MoreLess
    20 for0 against
  • CONFIRMATION OF PAYMENT OF INTERIM DIVIDEND OF RS. 10/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP AND DECLARATION OF FINAL DIVIDEND OF RS. 9/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP, FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, AS RECOMMENDED BY THE BOARD.MoreLess
    20 for0 against
  • RE-APPOINTMENT OF MR. SHAIBAL SINHA (DIN:00082504) AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION.
    20 for0 against
  • APPOINTMENT OF M/S. CHANDRASEKARAN ASSOCIATES, COMPANY SECRETARIES, TO CONDUCT SECRETARIAL AUDIT FOR A TERM OF 5 (FIVE) CONSECUTIVE YEARS AND AUTHORISATION TO THE BOARD OF DIRECTORS TO FIX REMUNERATION.MoreLess
    20 for0 against

Mutual fund votes, meeting of 1 Mar 2025, 18 fund houses

  • Appointment of Mr. Amit Aggarwal (DIN: 10825970) as a Director of the Company, liable to retire by rotation
    18 for0 against
  • Appointment of Mr. Amit Aggarwal (DIN: 10825970) as a Whole-time Director of the Company and fixing his remuneration
    18 for0 against

Mutual fund votes, meeting of 7 Aug 2024, 19 fund houses

  • TO ADOPT AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREONMoreLess
    19 for0 against
  • TO DECLARE DIVIDEND OF RS. 12/- PER EQUITY SHARE OF RS. 5/- EACH, FULLY PAID-UP, FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024, AS RECOMMENDED BY THE BOARD
    19 for0 against
  • TO RE-APPOINT MR. ANIL RAMESH SOMANI (DIN: 10119789) AS A DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION
    19 for0 against
  • TO RE-APPOINT MR. ASHWANI WINDLASS AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    19 for0 against
  • TO APPOINT MR. MUKESH HARI BUTANI AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Against Axis Mutual Fund, Sundaram Mutual Fund
    • Axis Mutual FundMukesh Hari Butani, 60, is founder and Managing Partner of BMR Legal Advocates, a law firm in India. He is a Chartered Accountant and Lawyer with over three decades of experience. He serves as an Independent Director on the board of five listed companies (including Bata India Limited). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be Independent Directors in a maximum of three listed companies. We believe that, as Managing Partner at BMR Legal Advocates, his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on five listed companies (including Bata India Limited) are not in keeping with the spirit of the regulation. Hence, we do not support his appointment.
    • Sundaram Mutual Fund"Mukesh Hari Butani, 60, is founder and Managing Partner of BMR Legal Advocates, a law firm in India. He is a Chartered Accountant and Lawyer with over three decades of experience. He serves as an Independent Director on the board of five listed companies (including Bata India Limited). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be Independent Directors in a maximum of three listed companies. We believe that, as Managing Partner at BMR Legal Advocates, his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on five listed companies (including Bata India Limited) are not in keeping with the spirit of the regulation. Hence, we do not support his appointment."
    17 for2 against

Mutual fund votes, meeting of 6 Jan 2024, 20 fund houses

  • Appointment of Mr. Gerd Graehsler (DIN: 10337180) as a Non-Executive Director of the Company, liable to retire by rotation
    Against SBI Mutual Fund
    • SBI Mutual FundGerd Graehsler, 46, is the Group Chief Financial Officer of Bata Brands SA. Prior to this he was the Group CFO of Safilo Group from 2014 to 2023 and before that the Director - Group New Business Development & Corporate Strategy at Safilo Group from May 2014 to November 2014. We observe that there are 10 Board of Directors (BODs), out of which 4 are classified as independent. Hence, the effective independence at the SBIMF framework is assessed at 40%. We wish to clarify that we do not have any doubt about the competency of the directors or director representatives. Our only concern is <50% independence on the board. SBIMF’s internal proxy voting guidelines do not allow us to vote in favour of promoter director representatives’ 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. Hence the appointment is not in line with the requirements. This is why we do not support the resolution.
    19 for1 against

Mutual fund votes, meeting of 10 Aug 2023, 13 fund houses

  • Adoption of Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    13 for0 against
  • Declaration of Dividend of Rs. 13.50 per Equity Share of Rs. 5/- each, fully paid-up, for the financial year ended March 31, 2023, as recommended by the Board.
    13 for0 against
  • Re-appointment of Ms. Kanchan Chehal (DIN: 09263584) as a Director of the Company, liable to retire by rotation.
    13 for0 against
  • To approve payment of remuneration to Non-Executive Directors (including Independent Directors) of the Company.
    13 for0 against

Mutual fund votes, meeting of 1 Jul 2023, 17 fund houses

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

  • Appointment of Mr. Anil Ramesh Somani as a Director of the Company, Liable to retire by rotation.
    17 for0 against
  • Appointment of Mr. Anil Ramesh Somani as a Whole-time Director of the Company and fixing his remuneration.
    17 for0 against
  • Appointment of Mr. Ravindra Dhariwal as a Non-Executive Non-Independent Director of the Company, liable to retire by rotation.
    Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual FundCompliant with Law. Governance Concern: No cooling off period of 1 year served before appointment as NE-NID post completion of term as ID.
    • Motilal Oswal Mutual Fund"Compliant with Law. Governance Concern: No cooling off period of 1 year served before appointment as NE-NID post completion of term as ID."
    15 for2 against
  • Re-appointment of Mr. Ashok Kumar Barat as an Independent Director nof the Company.n
    17 for0 against
  • Payment of remuneration for the financial year 2022-23 to Non-Executive nDirectors (including Independent Directors) of the Company.n
    Against HSBC Mutual Fund
    • HSBC Mutual FundNon-executive directors participate in performance-based incentive schemes.
    13 for1 against
  • Place of keeping the Register of Members, etc. of the Company.
    17 for0 against
1 proposal not matched to one resolution
  • Approve payment of remuneration to Non-Executive Directors for FY23 upto 1% of net profits of the company or Rs 17.0 mn, whichever is lower
    3 for0 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 penaltyExcise And Taxation Officer cum State tax officer, JalandharSince 21 Apr 2026

    Demand Order proposing to levy tax, penalty, etc., Demand paid and case closed

    Excess ITC availed / claimed, etc.
  • Fine or penaltyAdditional Commissioner of State Tax, Patna, Special Circle, BiharSince 30 Jun 2026

    Demand Order proposing to levy tax, penalty, etc., Demand paid and case closed

    Excess ITC availed / claimed, etc.

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

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

At most 2 complaints open, quarter to Jun 2025.
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.