BGR Energy Systems MD, chairman, board of directors and AGM
NSE: BGRENERGYBSE: 532930ConstructionSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹293.80.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- 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.
- ₹2,014 Cr1,105th 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.
- Lossover the last 12 months
- 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.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 zero or below
- 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 29 Jul 2026
- −36.3%
- 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.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day.
- 84,805
BGR Energy Systems 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
- ChairpersonSASIKALA RAGHUPATHYRelated to the promoter
- Managing directorARJUN GOVIND RAGHUPATHY
- Company Secretary and Compliance OfficerS Sundar
6 directors3 independent2 executive1 non-executive
- SASIKALA RAGHUPATHY · ChairpersonNon-executive · joined Aug 1985 · reappointed Aug 2024 · 1 listed board
- ARJUN GOVIND RAGHUPATHY · Managing directorExecutive · joined Nov 2016 · reappointed Nov 2021 · 1 listed board · 2 committee seats
- GANESAN JEYAKRISHNAExecutive · joined May 2024 · reappointed May 2024 · 1 listed board · 1 committee seat
- KRISHNAMOORTHI MEYYANATHANIndependent · joined May 2024 · reappointed May 2025 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SURILISUBBU VASUDEVANIndependent · joined May 2024 · reappointed May 2025 · 25 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- NARMADHA DINAKARANIndependent · joined Mar 2025 · reappointed Mar 2025 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat
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
- SADASIVAM DEIVANAYAGAM, left 29 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 May 20266 of 6 present3 independent · 100 days in between
- 13 Feb 20265 of 6 present3 independent
Audit Committee
Chair KRISHNAMOORTHI MEYYANATHAN
SURILISUBBU VASUDEVAN, ARJUN GOVIND RAGHUPATHY, NARMADHA DINAKARAN
- 25 May 20264 of 4 present3 independent · 100 days in between
- 13 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair KRISHNAMOORTHI MEYYANATHAN
SURILISUBBU VASUDEVAN, SASIKALA RAGHUPATHY
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KRISHNAMOORTHI MEYYANATHAN
GANESAN JEYAKRISHNA, ARJUN GOVIND RAGHUPATHY
No meeting listed in the filing.
Independent Director Meeting
- 13 Feb 20263 of 3 present3 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.
- Anand and PonnappanPeer-review certificate valid to Mar 2028
1 earlier auditor
- Anand &PonnappanNamed 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.
BGR Energy Systems 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.BGR Energy Systems dividend history
Annual general meeting, 22 Sep 2026
68,701 shareholders on the register on 11 Sep 2026; present: 4 promoters and 52 others; votes counted by GOPINATH MANOHAR / BP & ASSOCIATES.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED FINANCIAL STATEMENTS ALONG WITH THE REPORTS OF THE BOARD OF DIRECTORS AND OF THE AUDITORS THEREON:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 30.58% · promoters 58.82% · institutions 0.00% · other public 1.17%
- RE-APPOINTMENT OF MR. ARJUN GOVIND RAGHUPATHY (DIN: 02700864), A DIRECTOR LIABLE TO RETIRE BY ROTATIONOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 30.57% · promoters 58.82% · institutions 0.00% · other public 1.17%
- RATIFICATION OF COST AUDITOR’S REMUNERATION FOR FY 2026-2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 30.58% · promoters 58.82% · institutions 0.00% · other public 1.17%
- SHIFTING OF REGISTERED OFFICE FROM ONE STATE TO ANOTHER STATESpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 30.58% · promoters 58.82% · institutions 0.00% · other public 1.17%
- RE-APPOINTMENT OF MR. ARJUN GOVIND RAGHUPATHY (DIN:02700864) AS MANAGING DIRECTOR OF THE COMPANY FOR A FURTHER TERM OF FIVE (5) YEARS:SpecialPromoters have an interest in it87.21% for12.79% against
Against: promoters 0.00% · institutions 0.00% · other public 12.80%
Turnout: all 0.57% · promoters 0.00% · institutions 0.00% · other public 1.17%
- APPROVAL FOR RAISING UNSECURED LOANS FROM MANAGING DIRECTOR, OTHER PROMOTER & PROMOTER GROUPOrdinaryPromoters have an interest in it98.64% for1.36% against
Against: promoters 0.00% · institutions 0.00% · other public 1.36%
Turnout: all 0.57% · promoters 0.00% · institutions 0.00% · other public 1.17%
- TO APPROVE THE AMENDMENT IN THE ARTICLES OF ASSOCIATION OF THE COMPANYSpecialPromoters have an interest in it99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 0.57% · promoters 0.00% · institutions 0.00% · other public 1.17%
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, 5 Jul 2026, 1 resolution
69,968 shareholders on the register on 29 May 2026; votes counted by Prabhakar Chandrasekaran / BP & Associates.The company's voting result (opens in a new tab)
- Increase in Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 52.38% · promoters 100.00% · institutions 0.00% · other public 2.80%
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 2025, 6 resolutions
73,133 shareholders on the register on 19 Sep 2025; present: 1 promoter and 43 others; votes counted by Prabhakar Chandrasekaran / BP & Associates.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED FINANCIAL STATEMENTS ALONG WITH THE REPORTS OF THE BOARD OF DIRECTORS AND OF THE AUDITORS THEREONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 51.31% · promoters 100.00% · institutions 0.00% · other public 0.63%
- RE-APPOINTMENT OF MR. GANESAN JEYAKRISHNA (DIN:03208035), A DIRECTOR LIABLE TO RETIRE BY ROTATIONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.63%
Turnout: all 51.31% · promoters 100.00% · institutions 0.00% · other public 0.63%
- APPOINTMENT OF SECRETARIAL AUDITORS OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 51.31% · promoters 100.00% · institutions 0.00% · other public 0.63%
- RATIFICATION OF COST AUDITOR’S REMUNERATION FOR FY 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 51.31% · promoters 100.00% · institutions 0.00% · other public 0.63%
- REVOCATION OF INCREASE IN THE AUTHORIZED SHARE CAPITAL OF THE COMPANY AND CONSEQUENTIAL ALTERATION TO MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 51.31% · promoters 100.00% · institutions 0.00% · other public 0.63%
- APPROVAL AND RATIFICATION OF REMUNERATION OF MANAGING DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it94.91% for5.09% against
Against: promoters 0.00% · institutions 0.00% · other public 5.09%
Turnout: all 0.31% · promoters 0.00% · institutions 0.00% · other public 0.63%
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, 11 May 2025, 3 resolutions
76,988 shareholders on the register on 4 Apr 2025; votes counted by Prabhakar Chandrasekar / BP & Associates.The company's voting result (opens in a new tab)
- Appointment of Ms. Narmadha Dinakaran (DIN: 01777888) as an Independent Director of the Company for a Term of 5 Years.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 2.00%
Turnout: all 51.16% · promoters 99.99% · institutions 0.00% · other public 0.32%
- Approval for Re-Appointment of Mr. Krishnamoorthi Meyyanathan, (Din:07845698) as a Non-Executive Independent Director of The Company for a Term of 5 Years. (Second Term).Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.59%
Turnout: all 51.16% · promoters 99.99% · institutions 0.00% · other public 0.32%
- Approval for Re-Appointment of Mr. Surilisubbu Vasudevan, (Din:10388399) as a Non-Executive Independent Director of The Company for a Term of 5 Years (Second Term).Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.59%
Turnout: all 51.16% · promoters 99.99% · institutions 0.00% · other public 0.32%
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, 9 Aug 2024, 11 resolutions
Present: 2 promoters and 51 others.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED STANDALONE FINANCIAL STATEMENTSOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 25.75%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- ADOPTION OF AUDITED CONSOLIDATED FINANCIAL STATEMENTSOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 25.75%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF MR. ARJUN GOVIND RAGHUPATHY (DIN: 02700864) AS DIRECTOR, LIABLE TO RETIRE BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.91%
Turnout: all 99.99% · promoters 99.99% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF MR. SADASIVAM DEIVANAYAGAM (DIN: 07622466) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.42%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF Mr. KRISHNAMOORTHI MEYYANATHAN (DIN: 07845698) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.42%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF Mr. SURILISUBBU VASUDEVAN (DIN: 10388399) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.78%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPOINTMENT OF Mr. JEYAKRISHNA GANESAN (DIN: 03208035) AS AN EXECUTIVE DIRECTOR (EXECUTIVE-NON INDEPENDENT) OF THE COMPANYOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.78%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- APPROVAL FOR CONTINUATION OF APPOINTMENT OF MRS. SASIKALA RAGHUPATHY (DIN: 00490686), CHAIRPERSON, AS NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR OF THE COMPANYOrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.85%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- INCREASE IN THE AUTHORIZED SHARE CAPITAL OF THE COMPANY AND CONSEQUENTIAL ALTERATION TO MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 26.25%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- RATIFICATION AND APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONOrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.64%
Turnout: all 99.99% · promoters 99.99% · institutions 0.00% · other public 100.00%
- RATIFICATION OF COST AUDITOR’S REMUNERATION FOR FY 2024-25Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 27.93%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2023, 4 resolutions
Present: 4 promoters and 50 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial StatementsOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 15.90%
Turnout: all 75.08% · promoters 99.99% · institutions 0.00% · other public 0.36%
- Adoption of Audited Consolidated Financial StatementOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 15.90%
Turnout: all 75.08% · promoters 99.99% · institutions 0.00% · other public 0.36%
- Appointment of Mr. Arjun Govind Raghupathy(DIN:02700864) As Director, liable to retire by RotationOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 16.38%
Turnout: all 75.08% · promoters 99.99% · institutions 0.00% · other public 0.36%
- Ratification of Cost Auditors Remuneration for FY 2023-24Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 16.11%
Turnout: all 75.08% · promoters 99.99% · institutions 0.00% · other public 0.36%
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, 29 Sep 2022, 6 resolutions
Present: 1 promoter and 50 others.The company's voting result (opens in a new tab)
TO CONSIDER AND ADOPT (A) THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON; AND (B) THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022 AND THE REPORT OF AUDITORS THEREON.MoreLess
Ordinary99.93% for0.07% againstAgainst: promoters 0.00% · institutions 0.00% · other public 28.82%
Turnout: all 75.18% · promoters 100.00% · institutions 0.00% · other public 0.76%
- APPOINTMENT OF MR R RAMESH KUMAR (DIN: 00176265) WHO RETIRES BY ROTATION AS A DIRECTOR AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 37.07%
Turnout: all 71.80% · promoters 100.00% · institutions 0.00% · other public 0.76%
- APPOINTMENT OF STATUTORY AUDITORS OF THE COMPANY FOR A TERM OF FIVE CONSECUTIVE YEARS.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 31.20%
Turnout: all 75.18% · promoters 100.00% · institutions 0.00% · other public 0.75%
- RE-APPOINTMENT OF MR ARJUN GOVIND RAGHUPATHY (DIN:02700864) AS MANAGING DIRECTOR.SpecialPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 37.22%
Turnout: all 75.18% · promoters 100.00% · institutions 0.00% · other public 0.75%
- RATIFICATION OF REMUNERATION TO COST AUDITOR FOR THE FINANCIAL YEAR 2022-23Ordinary99.92% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 34.86%
Turnout: all 75.18% · promoters 100.00% · institutions 0.00% · other public 0.75%
- RATIFICATION AND APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONOrdinaryPromoters have an interest in it64.75% for35.25% against
Against: promoters 0.00% · institutions 0.00% · other public 35.25%
Turnout: all 0.18% · promoters 0.00% · institutions 0.00% · 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, 17 Sep 2021, 4 resolutions
Present: 1 promoter and 43 others.The company's voting result (opens in a new tab)
To Consider and Adopt(a) the Audited Financial Statements of the Company for the Financial year ended March 31,2021 and the reports of the Board of directors and Auditors thereon and(b) the Audited Consolidated Financial Statemenst of the Company for the financial year ended March 31,2021 and the report of the Auditors thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.96%
Turnout: all 75.56% · promoters 100.00% · institutions 0.00% · other public 2.28%
- To Appoint a Director in palce of Mrs R Swranamugi R Karthick(DIN:03494012) who retires by rotation and being eligibl, has offered herself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.67%
Turnout: all 75.56% · promoters 100.00% · institutions 0.00% · other public 2.25%
- Appointment of Mrs Janaki C Ambat (DIN:08991954) as a Non-executive Independent DirectorOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.37%
Turnout: all 75.56% · promoters 100.00% · institutions 0.00% · other public 2.25%
- Ratification of Remuneration to Cost Auditor for the financial year 2021-22Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.32%
Turnout: all 75.56% · promoters 100.00% · institutions 0.00% · other public 2.25%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeOffice of the Joint Commissioner,Corporate Circle, Kanpur-I, Uttar PradeshSince 11 May 2026EED Project- HURL GSTAT appeal yet to file
At the filing before: The GST authorities have alleged variation in turnover under the CGST/SGST Act for FY 2020-21, FY 2021-22 and FY 2023-24 and accordingly raised demands amounting to Rs. 1,12,14,169 for FY 2020-21, Rs. 6,37,16,138 for FY 2021-22 and Rs. 1,51,01,022 for FY 2023-24,including tax, interest and penalty.MoreLess
- Tax disputeAssistant Commissioner (ST) (FAC), Ponneri Assessment CircleSince 29 May 2026Writ to be filed
At the filing before: The Assistant Commissioner (ST) (FAC),Ponneri Assessment Circle, has passed a Rectification Order dated 29th May 2026 under Section 161 of the TNGST Act, 2017,in respect of the assessment year 2018-19, thereby rectifying the earlier remanded order dated 3rd February 2026. Pursuant to the said Rectification Order, the total demand has been revised to Rs. 94,29,93,514, comprising tax, interest and penalty under CGST and SGST.MoreLess
- Tax disputeAdditional Commissioner of State Tax, ChattisgarhSince 10 Jun 2026GSTAT Appeal yet to file
At the filing before: Order passed by the Additional Commissioner of State Tax, Chhattisgarh in Form GST APL-04, modifying the earlier GST demand order bearing Order No. ZD221223043890S dated 28th December 2023. The Appellate Authority has partly modified the demand and confirmed an aggregate demand of Rs.21,04,87,008 against the Company.MoreLess
- Tax disputeOffice of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar PradeshSince 18 Jun 2026EED Project - HURL GSTAT appeal yet to applyAt the filing before: Order for imposition of penalty Order for imposition of penalty the CGST/SGST Act.
- Tax disputeAssistant Commissioner (State Tax), Ponneri Assessment CircleSince 4 Feb 2026Rectification order received (Refer Sr.No 2)
At the filing before: Pursuant to the remand directions of the Hon'ble Madras High Court, the Assistant Commissioner (ST) has passed a fresh adjudication order for FY 2018-19 under the TNGST Act, 2017, whereby the original demand has been substantially reduced from Rs.210.14 crores to Rs.107.90 crores, with the balance demands being partly confirmed andpartly dropped. No material financial impact on the Company at this stage, the Company is going to appeal against the said order.MoreLess
- Tax disputeTamil Nadu Transmission Corporation LimitedSince 3 Feb 2026Not applicable to us
At the filing before: The contract has been terminated on the grounds of alleged delays and non-completion of the project within the stipulated timelines, as mentioned by TANTRANSCO. TANTRANSCO has further indicated recovery of liquidated damages, cost of materials not consumed and recovery of differential cost for execution of balance works through alternative agencies, in accordance with the terms of the contract. The Company is in the process of examining the termination order and its legal options, including remedies available under the contract and applicable law. The Company will take appropriate steps to protect its interests. There is no material impact on the operations or other activities of the Company.MoreLess
- Tax disputeOffice of the Commercial Taxes Officer (CTO), Kota - B Circle, Rajasthan.Since 18 Feb 2026Amnesty scheme already paid
At the filing before: Rajasthan VAT issued orders for 2009-10, 2010-11, 2011-12, demanding Rs.634 Cr for delayed deposit of GST amount. Against which the company filed for an Amnesty Scheme and got relief Rs. 606.43 Cr. By remitting Rs.29.1 Cr.Rajasthan Vat authorities also adjusted Rs. 95.65Cr.lying as the VAT credit in our Books. No adverse impact on the Company's ongoing operations or business activities.MoreLess
- Tax disputeOffice of the Joint Commissioner of GST, Guntur-Visakhapatnam-Amaravathi Commissionerate, CBIC, Andhra PradeshSince 31 Dec 2026Appeal filed
At the filing before: Order-in-Original dated 31st December 2025 has been passed under Sections 74 and 122 of the CGST Act, 2017, confirming a GST demand aggregating to approximately Rs. 32.11 crore for the period April 2018 to March 2021. The Company is in the process of filing an appeal against the said order before the appropriate appellate authorityMoreLess
5 more
- Tax disputeOffice of the Joint Commissioner of GST, Guntur-Visakhapatnam-Amaravathi Commissionerate, CBIC, Andhra PradeshSince 30 Dec 2025GSTAT Appeal yet to file
At the filing before: The Assistant Commissioner of State Tax, Unit-69 (Vyara), Government of Gujarat, has passed a demand order dated 29th December 2025 under Section 74 of the CGST/GGST Act, 2017, alleging under-reporting of taxable turnover due to differences between turnover reported in GSTR-3B and GST-TDS turnover reflected in GSTR-7 for FY 2018-19, FY 2022-23 and FY 2023-24. The order confirms a demand aggregating to approximately Rs. 4.46 crore (including tax, interest and penalty). The Company has received the order on 30th December 2025 and is in the process of filing an appeal before the appropriate appellate authority. The matter is currently sub judice and there is no major impact on the operations of the Company.MoreLess
- Tax disputeOffice of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar PradeshSince 30 Dec 2025GSTAT Appeal filed
At the filing before: A Demand Order dated 30th December 2025 has been passed under Section 73 of the CGST Act, 2017 by the Joint Commissioner, Corporate Circle, Kanpur I, confirming a GST demand for FY 2021-22 pursuant to the Show Cause Notice dated 30th September 2025. The total demand confirmed aggregates to Rs. 32,72,131.80 (including tax, interest and penalty). The Company has received the order on 30th December 2025 and is planning to file an appeal before the appropriate appellate authority.MoreLess
- Tax disputeCommissioner (Appeals), Central Goods & Service Tax and Central Excise, JodhpurSince 29 Dec 2025GSTAT Appeal yet to file
At the filing before: The Commissioner (Appeals), Central Goods & Service Tax and Central Excise, Jodhpur has passed Order-in-Appeal No. 1153-1155 (SCM) CGST/JDR/2025 dated 28th November 2025 in respect of appeals filed by the Company against Order-in-Original No. 10/GST/UDR/2023-24/JC dated 30th July 2024.The order relates to alleged wrongful availment of Input Tax Credit for the period July 2017 to March 2020 involving disputed ITC of approximately Rs. 1.69 crore and interest of approximately Rs. 3.64 lakh. The Company has received the order on 29th December 2025 and is examining the order and evaluating further legal remedies, including filing a further appeal.MoreLess
- Tax disputeCommissioner, CGST, NelloreSince 29 Dec 2025Appeal filed
At the filing before: Order-in-Original No. NLR-AC-81/2025-26 dated 27th December 2025 has been passed by the Commissioner,CGST, Nellore under Section 74 read with Section 122(2)(b) of the CGST Act, 2017 for FY 2018-19 to FY 2020-21, confirming GST demand of Rs. 1,65,44,188 along with an equal penalty of Rs. 1,65,44,188 and applicable interest. The Company has received the order on 29th December 2025 and is planning to file an appeal before the appropriate appellate authority.MoreLess
- Tax disputeAssistant Commissioner, Bhubaneswar I DivisionSince 31 Oct 2025Appeal filed
At the filing before: A Demand Order dated 31st October 2025 has been passed by the Assistant Commissioner, Bhubaneswar I Division under Section 73 of the CGST Act, 2017 / OGST Act, 2017 for FY 2022-23.The adjudicating authority accepted the Company's defence for FY 2021-22 and dropped the demand of Rs. 64.21 lakh. However,a demand of Rs. 36,14,294 towards excess ITC for FY 2022-23 along with a penalty of Rs. 3,68,940 has been confirmed.The Company received the order on 31st October 2025 and intends to file an appeal before the appropriate appellate authority.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
- 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
- No
- 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.