Bhansali Engineering Polymers logo

Bhansali Engineering Polymers MD, chairman, board of directors and AGM

NSE: BEPLBSE: 500052Chemicals & PetrochemicalsSmall Cap

Last close ₹107.91down ₹3.41 (3.06%)BSE ₹108.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹111.32.

52-week range of traded prices to 23 Oct 2026
₹74.20Low, 9 Mar 2026₹138.50High, 21 Jul 2026
Market cap
₹2,685 Cr1,113th largest listed
P/E
12.1
P/B
2.3
Dividend yield
3.71%
ROE
20.2%
ROCE
23.1%
Debt to equity
0.00
Volume, NSE
13,54,18939.4% delivered

Bhansali Engineering Polymers board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorBabulal Mishrimal BhansaliRelated to the promoter
  • Managing directorJayesh Babulal Bhansali
  • Company Secretary and Compliance OfficerAshwin M Patel

6 directors3 independent3 executive

  • Babulal Mishrimal Bhansali · Chairperson and managing directorExecutive · joined Jul 1986 · reappointed Apr 2024 · 4 listed boards · 1 committee seat
  • Jayesh Babulal Bhansali · Managing directorExecutive · joined Jun 2006 · reappointed Sep 2025 · 4 listed boards · 8 committee seats
  • Dilip Krushnarao ShendreExecutive · joined Apr 2024 · reappointed Apr 2026 · 1 listed board
  • Rohinton Bomanshaw AnklesariaIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Firdaus Nariman PavriIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Taruna Niraj KumbharIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

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

Committees and meetings

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

  • Board

    • 18 Jul 20266 of 6 present3 independent · 84 days in between
    • 24 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair Rohinton Bomanshaw Anklesaria

    Firdaus Nariman Pavri, Jayesh Babulal Bhansali

    • 18 Jul 20263 of 3 present2 independent · 84 days in between
    • 24 Apr 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Firdaus Nariman Pavri

    Rohinton Bomanshaw Anklesaria, Taruna Niraj Kumbhar

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Taruna Niraj Kumbhar

    Babulal Mishrimal Bhansali, Jayesh Babulal Bhansali

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Babulal Mishrimal Bhansali

    Jayesh Babulal Bhansali, Taruna Niraj Kumbhar

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Babulal Mishrimal Bhansali

    Taruna Niraj Kumbhar, Jayesh Babulal Bhansali

    No meeting listed in the filing.

  • Investment and Loan Committee

    Babulal Mishrimal Bhansali, Jayesh Babulal Bhansali

    No meeting listed in the filing.

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 Azad Jain & Co. , Chartered Accountants, MumbaiPeer-review certificate valid to Jul 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.

Bhansali Engineering Polymers 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.Bhansali Engineering Polymers dividend history

Annual general meeting, 21 Jul 2026

1,14,714 shareholders on the register on 13 Jul 2026; present: 12 promoters and 56 others; votes counted by Mr. Himanshu Kamdar / M/s Rathi & Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. 1 - Adoption of Annual Accounts: To receive, consider and adopt: (a) Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.75% · promoters 100.00% · institutions 41.98% · other public 8.94%

  2. 2 - Declaration of dividend: (a) To confirm the payment of Three Interim Dividends of Re. 1/- each (300%) for the Financial Year ended 31st March, 2026. (b) To declare Final Dividend of Re. 1/- each (100%) per Equity Share of Re.1/- each fully paid up for the Financial Year ended 31st March, 2026.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.76% · promoters 100.00% · institutions 42.95% · other public 8.94%

  3. 3 - To appoint a Director in place of Mr. Dilip Krushnarao Shendre (DIN: 10566412), as Director of the Company, who retired by rotation and being eligible, had offered himself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.76% · promoters 100.00% · institutions 42.95% · other public 8.94%

  4. 4 - Re-appointment and payment of remuneration to Mr. Dilip Krushnarao Shendre (DIN: 10566412) as Whole Time Director of the Company for a period of 3 years w.e.f. 1st April, 2026 to 31st March, 2029.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.76% · promoters 100.00% · institutions 42.95% · other public 8.94%

  5. 5 - Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2026-27
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.76% · promoters 100.00% · institutions 42.95% · other public 8.94%

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.

Annual general meeting, 20 Sep 2025, 6 resolutions

1,20,396 shareholders on the register on 12 Sep 2025; present: 12 promoters and 88 others; votes counted by Mr. Himanshu Kamdar / M/s Rathi & Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Adoption of Annual Accounts: To receive, consider and adopt: (a)Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2025 together with the Report of the Board of Directors and Auditors thereon. (b)Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2025 and the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.58% · promoters 100.00% · institutions 56.09% · other public 7.90%

  2. Declaration of dividend: (a)To confirm the payment of Three Interim Dividends of Re. 1/- each (300%) for the Financial Year ended 31st March, 2025. (b) To declare Final Dividend of Re. 1/- each (100%) per Equity Share of Re.1/- each fully paid up for the Financial Year ended 31st March, 2025.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.60% · promoters 100.00% · institutions 56.98% · other public 7.90%

  3. To appoint a Director in place of Mr. Jayesh B. Bhansali (DIN: 01062853), who retires by rotation and being eligible, offered himself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.60% for1.40% against

    Against: promoters 0.00% · institutions 97.23% · other public 0.02%

    Turnout: all 61.60% · promoters 100.00% · institutions 56.98% · other public 7.90%

  4. Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853) as Joint Managing Director cum CFO of the Company for a further period of 5 years w.e.f. 1st April, 2026 to 31st March, 2031.
    OrdinaryPromoters have an interest in it
    98.57% for1.43% against

    Against: promoters 0.00% · institutions 99.13% · other public 0.02%

    Turnout: all 61.60% · promoters 100.00% · institutions 56.98% · other public 7.90%

  5. Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.60% · promoters 100.00% · institutions 56.98% · other public 7.90%

  6. To appoint M/s. Rathi & Associates, Practicing Company Secretaries, Mumbai, (Firm Registration No. P1988MH011900), as the Secretarial Auditor of the Company, for a term of 5 years, commencing from FY 2025-26 till FY 2029-30MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 61.60% · promoters 100.00% · institutions 56.98% · other public 7.90%

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 Jun 2024, 10 resolutions

Present: 12 promoters and 113 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone & Consolidated Financial Statements for F.Y ended 31st March, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.89% · promoters 100.00% · institutions 39.61% · other public 6.54%

  2. Confirming payment of Three Interim Dividend of ₹ 1 each (300%) for the Financial Year ended 31st March, 2024 and declaration of Final Dividend of Re. 1/- each (100 %) per Equity Share of Re. 1/- each fully paid up for the Financial Year ended 31st March, 2024MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  3. Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853), the retiring director
    OrdinaryPromoters have an interest in it
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 88.25% · other public 0.00%

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  4. Appointment of Mr. Babulal M. Bhansali (DIN: 00102930) as Managing Director upon attaining age of Seventy years and re-designating him as Chairman and Managing Director
    SpecialPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 8.66% · other public 0.00%

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  5. Appointment of Mr. Rohinton Bomanshaw Anklesaria (DIN: 10571057) as an Independent Director of the Company for a term of 5 years w.e.f 1st April, 2024
    Special
    100.00% for0.00% against

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

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  6. Appointment of Mr. Firdaus Nariman Pavri (DIN: 10549118) as an Independent Director of the Company for a term of 5 years w.e.f 1st April, 2024
    Special
    100.00% for0.00% against

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

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  7. Appointment of Mrs. Taruna Niraj Kumbhar (DIN: 08384526) as an Independent Director of the Company for a term of 5 years w.e.f 1st April, 2024
    Special
    100.00% for0.00% against

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

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  8. Appointment of Mr. Dilip Krushnarao Shendre (DIN:10566412) as a Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.67% · other public 0.00%

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  9. Appointment of Mr. Dilip Krushnarao Shendre (DIN:10566412) as a Whole-Time Director of the Company
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 3.14% · other public 0.00%

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

  10. Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.90% · promoters 100.00% · institutions 40.09% · other public 6.54%

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, 19 Jun 2023, 7 resolutions

Present: 12 promoters and 60 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone & Consolidated Financial Statements for F.Y ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.78% · promoters 100.00% · institutions 54.27% · other public 6.61%

  2. Confirming payment of 1st and 2nd Interim Dividend of ₹ 1 each and Declaration of final dividend of ₹1 and one time special dividend of ₹ 14.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.81% · promoters 100.00% · institutions 57.40% · other public 6.61%

  3. Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853), the retiring director
    OrdinaryPromoters have an interest in it
    99.03% for0.97% against

    Against: promoters 0.00% · institutions 98.13% · other public 0.28%

    Turnout: all 60.81% · promoters 100.00% · institutions 57.40% · other public 6.61%

  4. Re-appointment of Mr. Babulal M. Bhansali (DIN: 00102930) as a Managing Director of the Company for a period of 5 (Five) years commencing from 1st April, 2024 to 31st March, 2029
    OrdinaryPromoters have an interest in it
    99.03% for0.97% against

    Against: promoters 0.00% · institutions 99.11% · other public 0.05%

    Turnout: all 60.81% · promoters 100.00% · institutions 57.40% · other public 6.61%

  5. Re-designation of Mr. Jayesh B. Bhansali (DIN: 01062853) as Joint Managing Director cum CFO
    OrdinaryPromoters have an interest in it
    99.02% for0.98% against

    Against: promoters 0.00% · institutions 99.11% · other public 0.30%

    Turnout: all 60.81% · promoters 100.00% · institutions 57.40% · other public 6.61%

  6. Issue of Bonus Shares
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.81% · promoters 100.00% · institutions 57.40% · other public 6.61%

  7. Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.81% · promoters 100.00% · institutions 57.40% · other public 6.61%

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, 29 Jun 2022, 7 resolutions

Present: 13 promoters and 51 others.The company's voting result (opens in a new tab)

  1. 1 - Adoption of Annual Accounts:nTo receive, consider and adopt:n(a) Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2022 together with the Reports of the Board of Directors and Auditors thereon.n(b) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Report of Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.71% · promoters 100.00% · institutions 51.41% · other public 6.13%

  2. To declare dividend on Equity Shares for the financial year ended March 31, 2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.82% · promoters 100.00% · institutions 63.18% · other public 6.13%

  3. To appoint a Director in place of Mr. Jayesh B. Bhansali (DIN: 01062853), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.06% for0.94% against

    Against: promoters 0.00% · institutions 98.05% · other public 0.04%

    Turnout: all 59.82% · promoters 100.00% · institutions 63.18% · other public 6.13%

  4. Re-appointment of M/s. Azad Jain & Co., Chartered Accountants (FRN:006251C) as Statutory Auditors for a second term of 5 years viz. from the conclusion of 38th AGM till the conclusion of 43rd AGM of the Company.MoreLess
    Ordinary
    99.07% for0.93% against

    Against: promoters 0.00% · institutions 96.25% · other public 0.30%

    Turnout: all 59.82% · promoters 100.00% · institutions 63.18% · other public 6.13%

  5. Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2022-23.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 59.82% · promoters 100.00% · institutions 63.18% · other public 6.13%

  6. Appointment of Mr. Kiran Hiralal Bhansali (DIN: 05243336) as a Director of the Company.
    Ordinary
    99.06% for0.94% against

    Against: promoters 0.00% · institutions 98.05% · other public 0.08%

    Turnout: all 59.82% · promoters 100.00% · institutions 63.18% · other public 6.13%

  7. Appointment of Mr. Kiran Hiralal Bhansali (DIN: 05243336) as Whole Time Director of the Company.
    Ordinary
    99.08% for0.92% against

    Against: promoters 0.00% · institutions 96.25% · other public 0.08%

    Turnout: all 59.82% · promoters 100.00% · institutions 63.18% · other public 6.13%

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 Jun 2021, 4 resolutions

Present: 13 promoters and 96 others.The company's voting result (opens in a new tab)

  1. Adoption of Annual Accounts:nnTo receive, consider and adopt:nn(a)Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2021 together with the Reports of the Board of Directors and Auditors thereon.n n(b)Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2021 and the Report of Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.41% · promoters 100.00% · institutions 49.69% · other public 6.46%

  2. To declare dividend on Equity Shares of Re. 1/- each for the Financial Year ended 31st March, 2021.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.96% · promoters 100.00% · institutions 70.26% · other public 6.46%

  3. To appoint a Director in place of Mr. Jaivardhan (DIN: 08750324), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    96.97% for3.03% against

    Against: promoters 0.00% · institutions 98.47% · other public 0.28%

    Turnout: all 60.96% · promoters 100.00% · institutions 70.26% · other public 6.46%

  4. Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2021-22
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 60.96% · promoters 100.00% · institutions 70.26% · other public 6.46%

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, 26 Sep 2020, 7 resolutions

Present: 13 promoters and 169 others.The company's voting result (opens in a new tab)

  1. 1 - Adoption of Annual Accounts:nTo receive, consider and adopt:na. Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2020 together with the Reports of the Board of Directors and Auditors thereon.nnb. Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2020 and the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

  2. 2 - Declaration of dividend.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

  3. 3 - Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853), the retiring director.
    OrdinaryPromoters have an interest in it
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.16%

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

  4. 4 - Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2020-21.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

  5. 5 - Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853) as an Executive Director cum CFO of the Company for a further period of 5 years w.e.f. 1st April, 2021 to 31st March, 2026.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

  6. 6 - Appointment of Mr. Jaivardhan (DIN: 08750324) as a Director of the Company.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

  7. 7 - Appointment of Mr. Jaivardhan (DIN: 08750324) as Whole-Time Director of the Company
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 59.39% · promoters 100.00% · institutions 65.13% · other public 6.09%

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

Postal ballot, 7 Mar 2020, 1 resolution

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

  1. Re-appointment of Ms. Jasmine F. Batliwalla (DIN: 00340273) as Non-Executive Independent Director of the Company for a secondn consecutive term of 5 years w.e.f March 30, 2020
    Special
    98.91% for1.09% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.19%

    Turnout: all 58.09% · promoters 100.00% · institutions 30.07% · other public 5.72%

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 20 Sep 2025, 5 fund houses

  • Adoption of Annual Accounts: To receive, consider and adopt: (a)Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2025 together with the Report of the Board of Directors and Auditors thereon. (b)Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2025 and the Report of Auditors thereon.MoreLess
    5 for0 against
  • Declaration of dividend: (a)To confirm the payment of Three Interim Dividends of Re. 1/- each (300%) for the Financial Year ended 31st March, 2025. (b) To declare Final Dividend of Re. 1/- each (100%) per Equity Share of Re.1/- each fully paid up for the Financial Year ended 31st March, 2025.MoreLess
    5 for0 against
  • To appoint a Director in place of Mr. Jayesh B. Bhansali (DIN: 01062853), who retires by rotation and being eligible, offered himself for re-appointment.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundRemuneration practice appears to be skewed in favour of the Promoter Directors.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Remuneration practice appears to be skewed in favour of the Promoter Directors.
    1 for4 against
  • Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853) as Joint Managing Director cum CFO of the Company for a further period of 5 years w.e.f. 1st April, 2026 to 31st March, 2031.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundRemuneration over legal limits but approval via Ordinary Resolution; No absolute cap, fixed variable pay, remuneration skewed, same variable pay to promoter executive directors.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with Regulation 17(6)(e) of SEBI LODR Regulations: The remuneration payments and proposed remuneration terms appear to be over and above the legal limits stipulated for promoter executive remuneration under Regulation 17(6)(e) of SEBI LODR Regulations. However, the past executive remuneration and the proposed remuneration has been approved/proposed (as applicable) by way of Ordinary Resolution. Governance Concern: With past executive remuneration been on the higher side, governance concerns are identified as no absolute cap has been placed on the potential payments, remuneration is structured in a manner where significant portion appears to be guaranteed and past promoter executive variable remuneration has been same despite gap in their experience. Remuneration highly skewed in favour of promoters as against another professional executive director. The difference is unjustified even after accounting for the difference in their board association period.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    0 for5 against
  • Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2025-26
    5 for0 against
  • To appoint M/s. Rathi & Associates, Practicing Company Secretaries, Mumbai, (Firm Registration No. P1988MH011900), as the Secretarial Auditor of the Company, for a term of 5 years, commencing from FY 2025-26 till FY 2029-30MoreLess
    5 for0 against

Mutual fund votes, meeting of 29 Jun 2024, 2 fund houses

  • Adoption of Standalone & Consolidated Financial Statements for F.Y ended 31st March, 2024
    2 for0 against
  • Confirming payment of Three Interim Dividend of ₹ 1 each (300%) for the Financial Year ended 31st March, 2024 and declaration of Final Dividend of Re. 1/- each (100 %) per Equity Share of Re. 1/- each fully paid up for the Financial Year ended 31st March, 2024MoreLess
    2 for0 against
  • Re-appointment of Mr. Jayesh B. Bhansali (DIN: 01062853), the retiring director
    2 for0 against
  • Appointment of Mr. Babulal M. Bhansali (DIN: 00102930) as Managing Director upon attaining age of Seventy years and re-designating him as Chairman and Managing Director
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliance with the Companies Act: No prior shareholders’ approval for continuation post attaining age of 70 years. Governance Concern: Proposed to hold position of Chairman and Managing Director.
    0 for2 against
  • Appointment of Mr. Rohinton Bomanshaw Anklesaria (DIN: 10571057) as an Independent Director of the Company for a term of 5 years w.e.f 1st April, 2024
    2 for0 against
  • Appointment of Mr. Firdaus Nariman Pavri (DIN: 10549118) as an Independent Director of the Company for a term of 5 years w.e.f 1st April, 2024
    2 for0 against
  • Appointment of Mrs. Taruna Niraj Kumbhar (DIN: 08384526) as an Independent Director of the Company for a term of 5 years w.e.f 1st April, 2024
    2 for0 against
  • Appointment of Mr. Dilip Krushnarao Shendre (DIN:10566412) as a Director of the Company
    2 for0 against
  • Appointment of Mr. Dilip Krushnarao Shendre (DIN:10566412) as a Whole-Time Director of the Company
    2 for0 against
  • Ratification of remuneration payable to the Cost Auditors of the Company for the Financial Year 2024-25
    2 for0 against

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

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake heldBhansali Nippon A&L Private LimitedSince 20 Oct 2015

    0.00% bought in the quarter; holding 50.00%, from 50.00%

  • Tax disputeNational Faceless Assessment Centre (NFAC), Income Tax DepartmentSince 9 Feb 2026
    The order is a ppealable and the Company is in the process of evaluating the merits of the matter and will exercise its right to file an appeal before the Hon'ble CIT Appeals, NFAC within the prescribed timelines.MoreLess
    At the filing before: On 16th September, 2026, Penalty Order u/s 270 A of the Income Tax Act, 1961 for AY 2018- 19 for claiming deductions relating to Research & Development expenses & Other Expenditure. The penalty demand arising out of the above deductions claimed amounts to Rs 79.66 lakhs.MoreLess

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

The company's own answers in its filing.