Black Buck CEO, MD, chairman, board of directors and AGM
NSE: BLACKBUCKBSE: 544288Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹555.70.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results.
- 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.
- ₹9,904 Cr541st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 Jul 2026
- 58.7
- 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. The filing of 10 Jul 2026
- 7.0
- 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 is the average of the latest balance sheet and the one a year before it. The filing of 29 Jul 2026
- 12.7%
- 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
- 7.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 10 Jul 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,04,49147.2% delivered
Black Buck 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 director and CEORajesh Kumar Naidu Yabaji
- Company Secretary and Compliance OfficerBarun Pandey
8 directors4 independent3 executive1 non-executive
- Rajesh Kumar Naidu Yabaji · Chairperson and managing director and CEOExecutive · joined Apr 2015 · reappointed Jun 2024 · 1 listed board · 1 committee seat
- Chanakya HridayaExecutive · joined Apr 2015 · 1 listed board · 1 committee seat
- Ramasubramaniam BalasubramaniamExecutive · joined Apr 2015 · 1 listed board
- Anand DanielNominee, non-executive · joined Aug 2015 · 1 listed board · 1 committee seat, 1 as chair
- Kaushik DuttaIndependent · joined Jan 2024 · reappointed Jan 2024 · 32 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 3 as chair
- Niraj SinghIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Hardika ShahIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Rajamani MuthuchamyIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 1 listed board · 1 as independent · 3 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 Sep 20266 of 8 present3 independent · 43 days in between
- 29 Jul 20268 of 8 present4 independent · 70 days in between
- 19 May 20267 of 8 present4 independent
Audit Committee
Chair Kaushik Dutta
Niraj Singh, Hardika Shah, Rajesh Kumar Naidu Yabaji
- 11 Sep 20263 of 4 present2 independent · 43 days in between
- 29 Jul 20264 of 4 present3 independent · 70 days in between
- 19 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Kaushik Dutta
Niraj Singh, Anand Daniel
- 29 Jul 20262 of 3 present1 independent
Stakeholders Relationship Committee
Chair Anand Daniel
Chanakya Hridaya, Hardika Shah
No meeting listed in the filing.
Risk Management Committee
Chair Chanakya Hridaya
Rajesh Kumar Naidu Yabaji, Anand Daniel, Rajamani Muthuchamy
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Rajamani Muthuchamy
Chanakya Hridaya, Ramasubramaniam Balasubramaniam
No meeting listed in the filing.
INVESTMENT COMMITTEE
Chair Rajesh Kumar Naidu Yabaji
Chanakya Hridaya, Kaushik Dutta
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.
- B S R & Co. LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
- M/s. 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.
Black Buck 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.Black Buck share news and announcements
Annual general meeting, 18 Sep 2026
80,264 shareholders on the register on 11 Sep 2026; present: 3 promoters and 44 others; votes counted by Pramod S / NA.The company's voting result (opens in a new tab)
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.79% · promoters 99.72% · institutions 66.45% · other public 5.14%
- To appoint a director in place of Mr. Anand Daniel (DIN: 03441515), Non-Executive Nominee Director, who retires by rotation and being eligible, offers himself for re-appointment.Ordinary90.93% for9.07% against
Against: promoters 0.00% · institutions 14.55% · other public 0.01%
Turnout: all 67.79% · promoters 99.72% · institutions 66.45% · other public 5.14%
- To approve charges for service of documents.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 67.79% · promoters 99.72% · institutions 66.45% · other public 5.14%
- To consider and approve the re-classification of Authorised Share Capital of the Company and consequent alteration to the Memorandum of Association.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 67.79% · promoters 99.72% · institutions 66.45% · other public 5.14%
- To approve the Implementation of BlackBuck Limited Employee Stock Option Scheme 2016 and BlackBuck Limited Employee Stock Option Scheme 2019 through Trust Route.Special97.13% for2.87% against
Against: promoters 0.00% · institutions 4.61% · other public 0.01%
Turnout: all 67.79% · promoters 99.72% · institutions 66.45% · other public 5.14%
- To approve provision of money by the Company to acquire its own shares by Trust under the BlackBuck Limited Employee Stock Option Scheme 2016 and BlackBuck Limited Employee Stock Option Scheme 2019.Special97.13% for2.87% against
Against: promoters 0.00% · institutions 4.61% · other public 0.01%
Turnout: all 67.79% · promoters 99.72% · institutions 66.45% · other public 5.14%
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 Sep 2025, 4 resolutions
60,918 shareholders on the register on 5 Aug 2025; present: 3 promoters and 36 others; votes counted by Shreyas D / NA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.16% · promoters 100.00% · institutions 65.11% · other public 7.84%
- To appoint a director in place of Mr. Ramasubramanian Balasubramaniam (DIN: 00442915), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.65% for0.35% against
Against: promoters 0.00% · institutions 0.59% · other public 0.01%
Turnout: all 68.16% · promoters 100.00% · institutions 65.11% · other public 7.83%
- To appoint M/S B S R & Co. LLP Chartered Accountants (FRN: 101248W/-W-100022) as Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.16% · promoters 100.00% · institutions 65.11% · other public 7.83%
- To appoint CS Pramod S (Practicing Company Secretary) (ICSI Membership No: A36020, COP: 13335) as Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.16% · promoters 100.00% · institutions 65.11% · other public 7.83%
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, 9 Aug 2025, 3 resolutions
40,269 shareholders on the register on 4 Jul 2025; votes counted by Pramod S / CS Pramod S.The company's voting result (opens in a new tab)
- TO APPROVE CHANGE OF NAME OF THE COMPANY AND CONSEQUENT ALTERATION IN THE MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATIONSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 71.92% · promoters 100.00% · institutions 68.86% · other public 2.40%
- RATIFICATION OF ZINKA LOGISTICS SOLUTIONS LIMITED EMPLOYEE STOCK OPTION SCHEME 2016 (ESOP PLAN 2016) IN LINE WITH SEBI (SHARE-BASED EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS, 2021Special97.92% for2.08% against
Against: promoters 0.00% · institutions 3.38% · other public 0.79%
Turnout: all 71.92% · promoters 100.00% · institutions 68.86% · other public 2.40%
- RATIFICATION OF ZINKA LOGISTICS SOLUTIONS LIMITED EMPLOYEE STOCK OPTION SCHEME 2019 (ESOP PLAN 2019) IN LINE WITH SEBI (SHARE-BASED EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS, 2021Special97.92% for2.08% against
Against: promoters 0.00% · institutions 3.38% · other public 0.78%
Turnout: all 71.92% · promoters 100.00% · institutions 68.86% · other public 2.40%
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, 9 Jan 2025, 4 resolutions
42,658 shareholders on the register on 6 Dec 2024; votes counted by PRAMOD SM / BMP & CO. LLP.The company's voting result (opens in a new tab)
- Ratification of Zinka Logistics Solutions Limited Employee Stock Option Scheme 2016Special92.94% for7.06% against
Against: promoters 0.00% · institutions 11.06% · other public 0.13%
Turnout: all 78.54% · promoters 100.00% · institutions 75.56% · other public 9.00%
- Ratification of the extension of the benefits under Employee Stock Option Scheme 2016 to the employees of subsidiary companies and group companies of the CompanySpecial92.94% for7.06% against
Against: promoters 0.00% · institutions 11.06% · other public 0.13%
Turnout: all 78.54% · promoters 100.00% · institutions 75.56% · other public 9.00%
- Ratification of Zinka Logistics Solutions Limited Employee Stock Option Scheme 2019Special92.94% for7.06% against
Against: promoters 0.00% · institutions 11.06% · other public 0.12%
Turnout: all 78.54% · promoters 100.00% · institutions 75.56% · other public 9.00%
- Ratification of the extension of the benefits under Employee Stock Option Scheme 2019 to the employees of subsidiary companies and group companies of the CompanySpecial92.94% for7.06% against
Against: promoters 0.00% · institutions 11.06% · other public 0.12%
Turnout: all 78.54% · promoters 100.00% · institutions 75.56% · other public 9.00%
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.
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 18 Sep 2026, 6 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.
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
6 for0 against- To appoint a director in place of Mr. Anand Daniel (DIN: 03441515), Non-Executive Nominee Director, who retires by rotation and being eligible, offers himself for re-appointment.
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance concern: Low attendance in aggregate board meeting held during past three years.
5 for1 against - To approve charges for service of documents.1 for0 against
- To consider and approve the re-classification of Authorised Share Capital of the Company and consequent alteration to the Memorandum of Association.6 for0 against
- To approve the Implementation of BlackBuck Limited Employee Stock Option Scheme 2016 and BlackBuck Limited Employee Stock Option Scheme 2019 through Trust Route.6 for0 against
- To approve provision of money by the Company to acquire its own shares by Trust under the BlackBuck Limited Employee Stock Option Scheme 2016 and BlackBuck Limited Employee Stock Option Scheme 2019.6 for0 against
1 proposal not matched to one resolution
To charge from the Member in advance, a sum equivalent to the estimated actual expenses of delivery of the documents, pursuant to any request made by the shareholder for delivery of such document to him through a particular mode of services mentioned above, provided such request along with requisite fee has been duly received by the Company at least one week in advance of the dispatch of document by the Company and that no such request shall be entertained by the Company post the dispatch of such document by the Company to the shareholder.MoreLess
5 for0 against
Mutual fund votes, meeting of 12 Sep 2025, 12 fund houses
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
12 for0 against- To appoint a director in place of Mr. Ramasubramanian Balasubramaniam (DIN: 00442915), who retires by rotation and being eligible, offers himself for re-appointment.12 for0 against
- To appoint M/S B S R & Co. LLP Chartered Accountants (FRN: 101248W/-W-100022) as Statutory Auditors of the Company.12 for0 against
- To appoint CS Pramod S (Practicing Company Secretary) (ICSI Membership No: A36020, COP: 13335) as Secretarial Auditor of the Company.12 for0 against
2 earlier meetings
Mutual fund votes, meeting of 9 Aug 2025, 9 fund houses
- TO APPROVE CHANGE OF NAME OF THE COMPANY AND CONSEQUENT ALTERATION IN THE MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION9 for0 against
- RATIFICATION OF ZINKA LOGISTICS SOLUTIONS LIMITED EMPLOYEE STOCK OPTION SCHEME 2016 (ESOP PLAN 2016) IN LINE WITH SEBI (SHARE-BASED EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS, 20219 for0 against
- RATIFICATION OF ZINKA LOGISTICS SOLUTIONS LIMITED EMPLOYEE STOCK OPTION SCHEME 2019 (ESOP PLAN 2019) IN LINE WITH SEBI (SHARE-BASED EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS, 20219 for0 against
Mutual fund votes, meeting of 9 Jan 2025, 3 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Ratification of Zinka Logistics Solutions Limited Employee Stock Option Scheme 2016
Against Bandhan Mutual Fund, Invesco Mutual Fund
- Bandhan Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Inadequate disclosures regarding the Exercise Price/Pricing Formula , Exercise Period & Vesting period under the Scheme.
- Invesco Mutual FundThe aggregate number of ESOPs that could be granted under ESOP 2016 was up to 5.2 mn - 4.9 mn options were granted prior to IPO. The exercise price shall be determined by the Nomination and Remuneration committee (NRC) and shall not be less than the face value per share. We do not favour schemes where the exercise price is at a significant discount (>20%) to market price or where there is no clarity on the performance metrics for vesting. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. We believe options issued at a deep discount to market price must have performance-based vesting to align the interest of investors and employees. Although the company has disclosed vesting of options would be a function of achievement of performance criteria - specified by the NRC, performance metrics have not been disclosed. Owing to the lack of clarity, we do not support ESOP 2016
1 for2 against - Ratification of the extension of the benefits under Employee Stock Option Scheme 2016 to the employees of subsidiary companies and group companies of the Company
Against Bandhan Mutual Fund, Invesco Mutual Fund
- Bandhan Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Linked with resolution #1. Governance & Transparency Concern: Extension of scheme to employees of group company without compelling reasons / cost not reimbursed to the Company.
- Invesco Mutual FundThe company proposes to extend the ESOP 2016 to the employees of its subsidiary companies and group companies. We do not support the extension of ESOP schemes to group companies. The companies must specifically list the type of group companies covered. We do not support the resolution
0 for2 against - Ratification of Zinka Logistics Solutions Limited Employee Stock Option Scheme 2019
Against Bandhan Mutual Fund, Invesco Mutual Fund
- Bandhan Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Inadequate disclosures regarding the Exercise Price/Pricing Formula , Exercise Period & Vesting period under the Scheme.
- Invesco Mutual FundThe aggregate number of ESOPs that could be granted under ESOP 2019 was up to 4,380.4 mn convertible into 4.4 mn equity shares- 2884.5 mn options were granted prior to IPO. The exercise price shall be determined by the Nomination and Remuneration committee (NRC) and shall not be less than the face value per share. We do not favour schemes where the exercise price is at a significant discount (>20%) to market price or where there is no clarity on the performance metrics for vesting. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. We believe options issued at a deep discount to market price must have performance-based vesting to align the interest of investors and employees. Although the company has disclosed vesting of options would be a function of achievement of performance criteria - specified by the NRC, performance metrics have not been disclosed. Owing to the lack of clarity, we do not support ESOP 2019
1 for2 against - Ratification of the extension of the benefits under Employee Stock Option Scheme 2019 to the employees of subsidiary companies and group companies of the Company
Against Bandhan Mutual Fund, Invesco Mutual Fund
- Bandhan Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Linked with resolution #3. Governance & Transparency Concern: Extension of scheme to employees of group company without compelling reasons / cost not reimbursed to the Company.
- Invesco Mutual FundThe company proposes to extend the ESOP 2019 to the employees of its subsidiary companies and group companies. We do not support the extension of ESOP schemes to group companies. The companies must specifically list the type of group companies covered. We do not support the resolution.
0 for2 against
2 proposals not matched to one resolution
- 2) Approve extension of Zinka Logistics Solutions Limited Employee Stock Option Scheme 2016 (ESOP 2016) to the employees of subsidiary companies and group companies.1 for0 against
- 4) Approve extension of Zinka Logistics Solutions Limited Employee Stock Option Scheme 2019 (ESOP 2019) to the employees of subsidiary companies and group companies.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyEmployees' Provident Fund Organisation, IndiaSince 20 Aug 2026
Delayed Filing Fine
There was a delay of 6 days in the payment of Provident Fund (PF) contributions, for which a penalty of ₹9 was imposed. - Tax disputeCommissioner of income taxSince 16 Jan 2020There is No Change since last disclosure
At the filing before: Disallowance of ESOP Expense for FY 2017-18. The management is confident that the ongoing tax litigations related to ESOP disallowances will be resolved in the company's favor. Appeal pending before CIT (A)MoreLess
- Tax disputeCommissioner of income taxSince 1 Feb 2021There is No Change since last disclosure
At the filing before: Disallowance of ESOP Expense for FY 2018-19. The management is confident that the ongoing tax litigations related to ESOP disallowances will be resolved in the company's favor. Appeal pending before CIT (A)MoreLess
- Tax disputeCommissioner of income taxSince 22 Jan 2022There is No Change since last disclosure
At the filing before: AO disallowed Reserve for bad debts double time with out giving an opportunity of being heard to the company. It is clearly evident that case will be resolved in company's favour Appeal pending before CIT (A)MoreLess
- Tax disputeAssessing OfficerSince 23 Sep 2024Order received from CIT(A) ,order giving effect is pending from AO.At the filing before: Notice under section 142(1) dated 23 September 2024 received against which partial response submitted to AO. Company had filed an Appeal before the CIT(A).
- Tax disputeAssistant Commissioner of income taxSince 24 Feb 2025There is No Change since last disclosure
At the filing before: The revised demand was reduced to ₹91,20,350 vide Letter No. ITBA/COM/F/17/2025-26/1078445423(1) dated July 14, 2025. An appeal pre-deposit of 20% was paid on August 21, 2025. The matter is pending before the Income Tax Authorities.MoreLess
- Tax disputeDeputy Commissioner of income taxSince 14 May 2025There is No Change since last disclosure
At the filing before: Company had received Notice from the Income Tax Department under section 271 H of the IT Act, 1961 for incorrect statement filed in form 24Q/26 for AY 2019-20 . Pending before the Income Tax AuthoritiesMoreLess
- Tax disputeDeputy Commissioner of income taxSince 18 Sep 2025
Order under Section 270A of the Income-tax Act, 1961 dropping the penalty proceedings initiated for Assessment Year 2018-19 and determining penalty as Rs. NIL, consequent to deletion of the underlying quantum addition by the CIT(A)/NFAC. Order has already been submitted to the Stock Exchanges which is favourable with no adverse financial impact on the Company.MoreLess
At the filing before: Company had received Notice from the Income Tax Department under section 271 H of the IT Act, 1961 for incorrect statement filed in form 201(1) & 201(1A)/26 for AY 2018-19. The company has replied to the notice dated September 26, 2025; however, no response has been received from the IT Department yet. Pending before the Income Tax AuthoritiesMoreLess
6 more
- Tax disputeDeputy Commissioner of income taxSince 18 Sep 2025There is No Change since last disclosureAt the filing before: Company had received Notice from the Income Tax Department under section 271 H of the IT Act, 1961 for incorrect statement filed in form 201(1) & 201(1A)/26 for AY 2018-19. Pending before AO
- Tax disputeDeputy Commissioner of income taxSince 4 Sep 2025There is No Change since last disclosure
At the filing before: Company had received Notice from the Income Tax Department under section 271 H of the IT Act, Proceedingsu/s133(6)of theIncome-taxAct,1961,Verification of details furnished in Form no.15CA in view of non deduction/lower deduction of tax at source for Financial Year 2019-20 Pending before AOMoreLess
- Tax disputeDeputy Commissioner of income taxSince 14 Nov 2025There is No Change since last disclosureAt the filing before: Interest under Section 234D has been computed for FY 2018-19 and levied as part of the assessment order. Pending before Adjudicating Officer
- Tax disputeDeputy Commissioner of income taxSince 7 Jul 2025There is No Change since last disclosureAt the filing before: Order U/S 201(1) has been received for non payment of a) TDS liability of outstanding as on 31-Mar-2018. b) Non payment of TDS on the disallowances made in Tax audit report. Pending before AO
- Tax disputeDeputy Commissioner of income taxSince 14 May 2025There is No Change since last disclosureAt the filing before: Company had received Notice from the Income Tax Department under section 271 H of the IT Act, 1961 for incorrect statement filed in form 24Q/26 for AY 2019-20 . Pending before AO
- Tax disputeAssistant Commissioner KarnatakaSince 24 Feb 2025
Order dated July 28, 2026 passed under Section 107(11) of the Karnataka GST Act, 2017 read with the Central GST Act, 2017, dismissing the Company's appeal and confirming/upholding the demand raised vide the original adjudication order dated February 24, 2025, for the tax period April 2020 to March 2021, relating to disallowance of Input Tax Credit. The Order confirms a total demand of ₹22,42,28,783/- (comprising tax of ₹10,01,02,136/-, interest of ₹11,41,16,435/- up to the date of the order, and penalty of ₹1,00,10,212/-MoreLess
At the filing before: Appeal under Section 107 before Joint Commissioner of Commercial Taxes (Appeals)-4, Koramangala, Bengaluru, against DRC-07 Order ZD290225093100O dated 24/02/2025 for FY 2020-21. Currently the case is pending before the competent authorityMoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- 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.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Public IssuesNov 2024, checked by ICRA Limited | 550.00 | Funding towards sales and marketing costs | 200.00 | 171.23 | No | No Deviation noted |
| Public IssuesNov 2024, checked by ICRA Limited | 550.00 | Investment in Blackbuck Finserve Private Limited, NBFC subsidiary for financing the augmentation of its capital base to meet its future capital requirements | 140.00 | 140.00 | No | No Deviation noted |
| Public IssuesNov 2024, checked by ICRA Limited | 550.00 | Funding of expenditure in relation to product development | 75.00 | 60.21 | No | No Deviation noted |
| Public IssuesNov 2024, checked by ICRA Limited | 550.00 | General corporate purposes | 135.00 | 121.69 | No | No Deviation noted |