Cairn India (Delisted) MD, chairman, board of directors and AGM

BSE: 532792

Last traded ₹285.35 on 25 Apr 2017

Delisted on 8 Jan 2018.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 12 Sep 2016, 8 fund houses

  • Approval for Scheme of Arrangement of Cairn India Ltd with Vedanta Ltd and their respective shareholders and creditors
    1 for0 against
  • Approve Scheme of Arrangement
    1 for0 against
  • For approval of the Amalgamationo embodied in the Scheme of Arrangement of Cairn India Limited with Vedanta Limited and their respective shareholders and creditors
    1 for0 against
  • Merger of Cairn India Ltd with Vedanta Ltd
    2 for0 against
  • Scheme of Arrangement of Cairn India Limited with Vedanta Limited and their respective shareholders and creditors
    0 for0 against

    1 abstained

  • To consider and, if thought fit, approve with or without modification(s), the following Resolution under Sections 391 to 394 of the Companies Act, 1956 (including any statutory modification(s) or re-enactment thereof for the time being in force), provisions of Companies Act, 2013 as may be applicable, and the provisions of the Memorandum and Articles of Association of the Company for approval of the proposed amalgamation embodied in the scheme of arrangement of Cairn India Limited with Vedanta Limited and their respective shareholders and creditors (“Scheme”).MoreLess
    1 for0 against

    1 abstained

Mutual fund votes, meeting of 11 Sep 2016, 8 fund houses

  • Approval for Scheme of Arrangement of Cairn India Ltd with Vedanta Ltd and their respective shareholders and creditors
    1 for0 against
  • Approve Scheme of Arrangement
    1 for0 against
  • For approval of the Amalgamation embodied in the Scheme of Arrangement of Cairn India Limited with Vedanta Limite and their respective shareholders and creditors
    0 for0 against

    1 abstained

  • For approval of the Amalgamation embodied in the Scheme of Arrangement of Cairn India Limited with Vedanta Limited and their respective shareholders and creditors
    0 for0 against

    1 abstained

  • For approval of the Amalgamationo embodied in the Scheme of Arrangement of Cairn India Limited with Vedanta Limited and their respective shareholders and creditors
    1 for0 against
  • Merger of Cairn India Ltd with Vedanta Ltd
    3 for0 against
6 earlier meetings

Mutual fund votes, meeting of 21 Jul 2016, 10 fund houses

  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    Against LIC Mutual Fund
    • LIC Mutual FundAppointment of Auditors is result in violation of law
    0 for1 against
  • 1) Adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2016 and the reports of the Director's & Auditor's thereon.
    0 for0 against

    1 abstained

  • 2) Declaration of dividend for the year ended 31 March, 2016.
    0 for0 against

    1 abstained

  • 3) Re-appointment of Ms. Priya Agarwal as a Director.
    0 for0 against

    1 abstained

  • 4) To appoint S.R. Batliboi & Co. LLP, as statutory auditors and to fix their remuneration.
    0 for0 against

    1 abstained

  • 5) Payment of remuneration not exceeding 1% (or such other percentage, as may be permissible under law) of the net profits of the Company, per annum, amongst the Directors of the Company or some or any of them (other than the Managing Director and Whole-time Directors).MoreLess
    0 for0 against

    1 abstained

  • 6) Ratification of remuneration of Cost Auditors.
    0 for0 against

    1 abstained

  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Adoption of financial statements for the year ended 31 March 2016
    1 for0 against
  • Adoption of the Audited financial statement of the Company together with the reports of the Directors’ and Auditors’ thereon and the consolidated audited financial statements of the Company for the year ended 31 March, 2016.MoreLess
    3 for0 against

    1 abstained

  • Appointment of a Director in place of Ms. Priya Agarwal (DIN 05162177), who retires by rotation and being eligible, offers herself for re-appointment.
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundPriya Agarwal is 26 years old and lacks the requisite experience to be a board member.
    1 for1 against

    1 abstained

  • Appointment of a Director in place of Ms. Priya Agarwal, who retires by rotation and being eligible, offers herself for re-appointment
    1 for0 against
  • Appointment of S. R. Batliboi & Co. LLP, Chartered Accountants as statutory auditors of the Company and to authorize the Board of Directors of the Company to fix their remuneration
    1 for0 against
  • Appointment of S. R. Batliboi & Co. LLP, Chartered Accountants (firm registration number: 301003E) as statutory auditors of the Company and to authorize the Board of Directors of the Company to fix their remuneration.MoreLess
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundSR Batliboi & Co was appointed as the statutory auditor of the company in 2011. Prior to appointing SR Batliboi & Co, the company’s auditors were SR Batliboi & Associates since 2006: they are also part of the Ernst and Young audit network. Therefore, audit firms belonging to the Ernst and Young have audited the past 11 years’ financial statements of the company. The reappointment is neither in line with our Voting Policy on Auditor Rotation, nor in keeping with the spirit of section 139 of the Companies Act 2013. Although the Act has given companies a three-year window to comply, we expect companies to be proactive and start abiding by the spirit of the regulations at the earliest.
    1 for1 against

    1 abstained

  • Appointment of S. R. Batliboi & Co. LLP, Chartered Accountants (firm registration number: 301003E) as statutory auditors of the Company and to fix their remuneration
    0 for0 against

    1 abstained

  • Approval for payment of remuneration to Non-Executive Directors of the Company
    1 for0 against
  • Approve Final Dividend
    1 for0 against
  • Approve Remuneration of Directors
    1 for0 against
  • Approve S.R. Batliboi & Co. LLP as Auditors and Authorize Board to Fix Their Remuneration
    1 for0 against
  • Authorize Board to Fix Remuneration of Cost Auditors
    1 for0 against
  • Declaration of dividend for the year ended 31 March, 2016.
    4 for0 against
  • Pay upto 1% of net profit as commission to non-executive directors
    1 for0 against
  • Payment of remuneration not exceeding 1% (or such other percentage, as may be permissible under law) of the net profits of the Company, per annum, amongst the Directors of the Company or some or any of them (other than the Managing Director and Whole-time Directors).MoreLess
    4 for0 against

    1 abstained

  • Ratification of remuneration of INR 885,000 plus applicable taxes and out of pocket expenses payable to M/s. Shome & Banerjee, Cost Accountants as cost auditors for the financial year 2016-17
    1 for0 against
  • Ratification of remuneration of INR 885,000 plus applicable taxes and out of pocket expenses payable to M/s. Shome & Banerjee, Cost Accountants (firm registration number: 000001) as cost auditors for the financial year 2016-17.MoreLess
    3 for0 against
  • Ratification of remuneration payable to M/s. Shome & Banerjee as Cost Auditors of the Company for the FY 2016-17
    1 for0 against
  • Ratification of remuneration payable to M/s. Shome & Banerjee, Cost Accountants (firm registration number: 000001) as cost auditors for the financial year 2016-17
    0 for0 against

    1 abstained

  • Ratify payment of Rs.885,000 as remuneration to Shome & Banerjee cost auditors for FY17
    1 for0 against
  • Reappointment of Ms. Priya Agarwal as Director
    1 for0 against
  • Reappointment of SR Batliboi & Co as statutory auditors for FY17 and to fix their remuneration
    1 for0 against
  • Reelect Priya Agarwal as Director
    Against Franklin Templeton Mutual Fund
    • Franklin Templeton Mutual FundA vote AGAINST Priya Agarwal is warranted because she attended less than 75 percent of board and committee meetings over the most recent fiscal year, without a satisfactory explanation.
    0 for1 against
  • To appoint a Director in place of Ms. Priya Agarwal (DIN 05162177), who retires by rotation and being eligible, offers herself for re-appointment.
    0 for0 against

    1 abstained

  • To declare final dividend of Rs.3.0 per share (face value Rs.10.0 each)
    1 for0 against
  • To declare final dividend on equity share for the year ended 31 March, 2016.
    0 for0 against

    1 abstained

  • To receive, consider and adopt the audited financial statement of the Company for the year ended 31 March, 2016 together with the reports of the Directors’ and Auditors’ thereon and the consolidated audited financial statement of the Company for the year ended 31 March, 2016.MoreLess
    0 for0 against

    1 abstained

Mutual fund votes, meeting of 21 Jul 2015, 11 fund houses

  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • 1) Adoption of the audited financial statement of the Company together with the reports of the Directors' and Auditors' thereon & the consolidated audited financial statement of the Company for the year ended 31 March, 2015.MoreLess
    0 for0 against

    1 abstained

  • 2) Confirmation for interim dividend of INR 5 per equity share paid during the year 2014-15 and declaration of final dividend of INR 4 per equity share for the year ended 31 March, 2015.
    0 for0 against

    1 abstained

  • 3) Re-appointment of Mr. Tarun Jain as a Director.
    0 for0 against

    1 abstained

  • 4) Appointment of S. R. Batliboi & Co. LLP as Statutory Auditors of the Company & fix their remuneration.
    0 for0 against

    1 abstained

  • 5) Authorizing Board of Directors to appoint branch auditors of the Company.
    0 for0 against

    1 abstained

  • 6) Appointment of Mr. Mayank Ashar as a Director, liable to retire by rotation and continuation as Managing Director & Chief Executive Officer of the Company.
    0 for0 against

    1 abstained

  • 7) Ratification of remuneration of Rs.885,000 plus applicable taxes & out of pocket expenses payable to M/s. Shome & Banerjee, Cost Accountants as cost auditors for the financial year 2015-16.
    0 for0 against

    1 abstained

  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Adoption of financial statements, Auditors report & Directors report
    0 for0 against

    1 abstained

  • Adoption of financial statements for the year ended 31 March 2015
    2 for0 against
  • Adoption of the audited financial statement of the Company together with the reports of the Directors’ and Auditors’ thereon and the consolidated audited financial statement of the Company for the year ended 31 March, 2015MoreLess
    1 for0 against
  • Appointment of auditors to conduct audit of accounts of branch offices of the Company
    2 for0 against

    1 abstained

  • Appointment of director, Mr. Mayank Ashar as a Director liable to retire by rotation and continuation of his term as the Managing Director & CEO for a period upto 16 November, 2019
    0 for0 against

    1 abstained

  • Appointment of Mayank Ashar as Managing Director and Chief Executive Officer till 16 November 2019
    2 for0 against

    1 abstained

  • Appointment of Mr. Mayank Ashar as a Director, liable to retire by rotation and continuation as Managing Director & Chief Executive Officer of the Company
    1 for0 against
  • Appointment of S. R. Batliboi & Co. LLP, Chartered Accountants as statutory auditors of the Company and authorizing Board of Directors to fix their remuneration
    1 for0 against
  • Approve Branch Auditors and Authorize Board to Fix Their Remuneration
    1 for0 against
  • Approve Remuneration of Cost Auditors
    1 for0 against
  • Approve S. R. Batliboi & Co. LLP as Auditors and Authorize Board to Fix Their Remuneration
    1 for0 against
  • Authorizing Board of Directors to appoint branch auditors of the Company
    1 for0 against
  • Company be and are hereby authorized to appoint auditors to conduct the audit of accounts of branch offices of the Company, whether existing or which may be opened hereafter, situated in countries other than India at a remuneration and on terms and conditions to be fixed by the Board of Directors of the Company, based on the recommendation of the Audit Committee.MoreLess
    2 for0 against
  • Company hereby ratifies the remuneration of INR 885,000 plus applicable taxes and out of pocket expenses payable to M/s. Shome & Banerjee (firm registration number: 000001), Cost Accountants, appointed as cost auditors of the Company for the financial year 2015-16.MoreLess
    2 for0 against
  • Confirm Interim Dividend and Approve Final Dividend
    1 for0 against
  • Confirmation for interim dividend of INR 5 per equity share paid during the year 2014-15 and declaration of final dividend of INR 4 per equity share for the year ended 31 March, 2015
    1 for0 against
  • Elect M. Ashar as Director
    1 for0 against
  • Elect T. Jain as Director
    1 for0 against
  • Mr. Mayank Ashar (DIN 07001153) be and is hereby appointed as a Director of the Company, whose term of office shall be liable to retire by rotation.
    2 for0 against
  • Mr. Mayank Ashar (DIN 07001153) be and is hereby appointed as a Director of the Company, whose term of office shall be liable to retire by rotation and continuation as Managing Director and Chief Executive Officer of the Company upto November 16, 2019MoreLess
    1 for0 against
  • Ratification of payment of Rs. 8,85,000/- as remuneration to M/s. Shome & Banerjee, Cost Auditors of the Company for the Financial year 2015-16
    0 for0 against

    1 abstained

  • Ratification of remuneration of INR 885,000 plus applicable taxes and out of pocket expenses payable to M/s. Shome & Banerjee, Cost Accountants as cost auditors for the financial year 2015-16
    1 for0 against
  • Ratify payment of remuneration to cost auditors
    2 for0 against

    1 abstained

  • Re-appointment of Mr. Tarun Jain, as Director of the Company liable to retire by rotation
    1 for0 against
  • Reappointment of S.R. Batliboi & Co LLP as statutory auditors and to fix their remuneration
    2 for0 against

    1 abstained

  • Reappointment of Tarun Jain as Director
    2 for0 against

    1 abstained

  • To appoint a Director in place of Mr. Tarun Jain (DIN 00006843), who retires by rotation and being eligible, offers himself for re-appointment.
    3 for0 against
  • To appoint S. R. Batliboi & Co. LLP, Chartered Accountants (firm registration number: 301003E), statutory auditors of the Company and to authorize the Board of Directors of the Company to fix their remuneration.MoreLess
    2 for0 against
  • To appoint S. R. Batliboi & Co. LLP, Chartered Accountants (firm registration number: 301003E), statutory auditors of the Company and to fix their remuneration
    1 for0 against
  • To authorise the Board of Directors to appoint auditors to conduct the audit of accounts of branch offices of the Company, whether existing or which may be opened hereafter, situated in countries other than India and fixation of remunerationMoreLess
    1 for0 against
  • To confirm the payment of interim dividend of INR 5 per equity share made during the year 2014-15 and to declare final dividend of INR 4 per equity share for the year ended 31 March, 2015.
    3 for0 against
  • To declare final dividend of Rs.4.0 per equity share and confirm payment of interim dividend of Rs.5.0 per equity share (face value Rs.10.0)
    0 for0 against

    1 abstained

  • To declare final dividend of Rs.4.0 per share and confirm payment of interim dividend of Rs.5.0 per share (face value Rs.10.0)
    2 for0 against
  • To ratify the remuneration payable to M/s. Shome & Banerjee (firm registration number: 000001), Cost Accountants, appointed as cost auditors of the Company for the financial year 2015-16
    1 for0 against
  • To receive, consider and adopt the audited financial statement of the Company for the year ended 31 March, 2015 together with the reports of the Directors’ and Auditors’ thereon and the consolidated audited financial statement of the Company for the year ended 31 March, 2015.MoreLess
    2 for0 against

    1 abstained

Mutual fund votes, meeting of 8 Dec 2014, 7 fund houses

  • Appointment of Mayank Ashar as Managing Director and Chief Executive Officer for a period of five years and fix his remuneration
    2 for0 against
  • Appointment of Mr. Mayank Ashar as Managing Director and CEO of the Company for a period of 5yrs w.e.f November 17, 2014 and approval of his terms of appointment
    0 for0 against

    1 abstained

  • Appointment of Mr. Mayank Ashar as Managing Director and Chief Executive Officer and fixation of remuneration
    1 for0 against
  • Appointment of Mr. Mayank Ashar as Managing Director & Chief Executive Officer
    0 for0 against

    1 abstained

  • Approve Appointment and Remuneration of M. Ashar as Managing Director and CEO
    1 for0 against
  • Company be and is hereby accorded for the appointment of Mr. Mayank Ashar (DIN 07001153) as Managing Director and Chief Executive Officer of the Company.
    1 for0 against

Mutual fund votes, meeting of 23 Jul 2014, 12 fund houses

  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundPriya Agarwal is 24 years old and lacks the requisite experience to be a board member. Over the past three years, she has attended only 6 meetings out of 10 meetings, which is less than our required threshold of a three-year minimum average of 75% attendance.
    0 for1 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundNaresh Chandra has been long associated with the Vedanta group: he was on the board of Vedanta Resources plc (the group’s ultimate holding company) between 2004 and 2013, and is currently on the board of Sesa Sterlite Limited (parent company). He is also on the board of 8 other listed companies, which is higher than the threshold prescribed under the amended clause 49 of the Listing Agreement.
    0 for1 against
  • Item 6, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundOmkar Goswami was on the board of 7 other listed companies: with the directorship of Cairn India, his number of directorships will have exceeded the threshold prescribed for independent directors under the amended Clause 49 of the Listing Agreement. Subsequently, Cairn India clarified that Omkar Goswami is not an independent director on one of the boards of the companies listed in the AGM notice. We validated this information with the company concerned, and learnt that Omkar Goswami continues on the company’s board, albeit in the capacity of a non-independent director. As per our Policy, the threshold for maximum number of directorships is seven: Omkar Goswami’s directorships exceeds this threshold.
    0 for1 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Adoption of Accounts
    3 for0 against

    1 abstained

  • Adoption of Accounts & Directors and Auditors Report.
    0 for0 against

    1 abstained

  • Appointment and remuneration payable to M/s Shome & Banerjee as Cost Auditors.
    1 for0 against
  • Appointment of Dr. Omkar Goswami as an Independent Director of the Company to hold office upto 31 March 2017
    0 for0 against

    1 abstained

  • Appointment of Dr Omkar Goswami as Independent Director
    2 for0 against

    1 abstained

  • Appointment of Dr. Omkar Goswami as non executive and independent Director
    0 for0 against

    1 abstained

  • Appointment of M/s S R Batliboi & Co LLP, Chartered Accountants as Auditors
    2 for0 against

    1 abstained

  • Appointment of M/s Shome & Banerjee as Cost Auditors.
    1 for0 against

    1 abstained

  • Appointment of Mr. Aman Mehta as an independent Director
    0 for0 against

    1 abstained

  • Appointment of Mr. Aman Mehta as an Independent Director of the Company to hold office upto 31 March 2017
    0 for0 against

    1 abstained

  • Appointment of Mr Aman Mehta as Independent Director
    2 for0 against

    1 abstained

  • Appointment of Mr. Edward T Story as an Independent Director of the Company to hold office upto 31 March 2017
    0 for0 against

    1 abstained

  • Appointment of Mr Edward T Story as Independent Director
    2 for0 against

    1 abstained

  • Appointment of Mr. Edward T Story as non executive and independent Director
    0 for0 against

    1 abstained

  • Appointment of Mr. Naresh Chandra as an Independent Director of the Company to hold office upto 31st March 2017
    0 for0 against

    1 abstained

  • Appointment of Mr Naresh Chandra as Independent Director
    2 for0 against

    1 abstained

  • Appointment of Mr. Naresh Chandra as non executive and independent Director
    0 for0 against

    1 abstained

  • Appointment of Mr. Tarun Jain as a Director of the Company, liable to retire by rotation
    0 for0 against

    1 abstained

  • Appointment of Mr Tarun Jain as Independent Director
    2 for0 against

    1 abstained

  • Approval of remuneration payable to M/s. Shome & Banerjee, Cost Accountants as Cost Auditors of the Company for the FY 2014-15
    0 for0 against

    1 abstained

  • Approve Remuneration of Cost Auditors
    1 for0 against
  • Approve S. R. Batliboi & Co. LLP as Auditors and Authorize Board to Fix Their Remuneration
    1 for0 against
  • Confirm Interim Dividend of INR 6 Per Share and Approve Final Dividend of INR 6.50 Per Share
    1 for0 against
  • Consideration of the Balance Sheet, Profit & Loss Account and the Report of Directors and Auditors thereon for the year ended on 31.12.2013
    1 for0 against
  • Declaration of dividend
    1 for0 against
  • Declaration of Final Dividend and confirmation of Interim Dividend
    1 for0 against
  • Declaration of Final Dividend of Rs 6.50 per share and confirmation of Interim Dividend
    1 for0 against

    1 abstained

  • Declare Dividend
    1 for0 against
  • Dr. Omkar Goswami (DIN 00004258), be and is hereby appointed as an Independent Director of the Company.
    Against Bandhan Mutual Fund, Invesco Mutual Fund
    • Bandhan Mutual FundOmkar Goswami is on the board of 7 other listed companies, which is higher than the threshold prescribed under the amended clause 49 of the Listing Agreement
    • Invesco Mutual FundDr. Goswami is already on the board of 7 other listed companies, which is the maximum limit prescribed under the amended Clause 49 of the Listing Agreement.
    0 for2 against
  • Dr. Omkar Goswami (DIN 00004258), be and is hereby appointed as an Independent Director of the Company to hold office upto 31 March, 2017 and whose term of office shall not be liable to retirement by rotationMoreLess
    1 for0 against
  • Elect A. Mehta as Independent Director
    1 for0 against
  • Elect E.T. Story as Independent Director
    1 for0 against
  • Elect N. Chandra as Independent Director
    1 for0 against
  • Elect O. Goswami as Independent Director
    1 for0 against
  • Elect T. Jain as Director
    1 for0 against
  • Mr. Aman Mehta (DIN 00009364), be and is hereby appointed as an Independent Director of the Company.
    2 for0 against
  • Mr. Aman Mehta (DIN 00009364), be and is hereby appointed as an Independent Director of the Company to hold office upto 31 March, 2017 and whose term of office shall not be liable to retirement by rotationMoreLess
    1 for0 against
  • Mr. Edward T Story, be and is hereby appointed as an Independent Director of the Company.
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundEdward T Story was a non-executive Director of Cairn Energy plc between 1997 and 2008. Cairn India was incorporated on August 21, 2006 as a subsidiary of UK-based Cairn Energy plc. Given his long association with the company (>10 years), we do not consider him to be independent.
    1 for1 against
  • Mr. Edward T Story, be and is hereby appointed as an Independent Director of the Company to hold office upto 31 March, 2017 and whose term of office shall not be liable to retirement by rotation
    1 for0 against
  • Mr. Naresh Chandra (DIN 00015833), be and is hereby appointed as an Independent Director of the Company.
    Against Bandhan Mutual Fund, Invesco Mutual Fund
    • Bandhan Mutual FundNaresh Chandra has been long associated with the Vedanta group: he was on the board of Vedanta Resources plc (the group’s ultimate holding company) between 2004 and 2013, and is currently on the board of Sesa Sterlite Limited (parent company). He is also on the board of 8 other listed companies, which is higher than the threshold prescribed under the amended clause 49 of the Listing Agreement
    • Invesco Mutual FundMr. Chandra has been long associated with the Vedanta group. He was on the board of Vedanta Resources plc (the group’s ultimate holding company) between 2004 and 2013, and is currently on the board of Sesa Sterlite Limited (parent company). He is also on the board of 8 other listed companies, which is higher than the threshold prescribed under the amended Clause 49 of the Listing Agreement.
    0 for2 against
  • Mr. Naresh Chandra (DIN 00015833), be and is hereby appointed as an Independent Director of the Company to hold office upto 31 March, 2017 and whose term of office shall not be liable to retirement by rotationMoreLess
    1 for0 against
  • Mr. Tarun Jain (DIN 00006843), be and is hereby appointed as a Director of the Company.
    2 for0 against
  • Mr. Tarun Jain (DIN 00006843), be and is hereby appointed as a Director of the Company and whose term of office shall not be liable to retirement by rotation.
    1 for0 against
  • Ratifications of the remuneration of of M/s. Shome & Banerjee Cost Accountants, appointed as Cost Auditors of the Company for the financial year 2014-15.
    0 for0 against

    1 abstained

  • Ratify payment of remuneration to M/s. Shome & Banerjee as cost auditors
    2 for0 against
  • Re-appointment of Mr. Tarun Jain, non-executive Director who retires by rotation.
    0 for0 against

    1 abstained

  • Re-appointment of Ms Priya Agarwal as Director
    2 for0 against

    1 abstained

  • Re-appointment of Ms. Priya Agarwal, who retires by rotation.
    0 for0 against

    1 abstained

  • Reappointment of Aman Mehta as Independent Director
    2 for0 against
  • Reappointment of Auditors
    1 for0 against
  • Reappointment of Director Naresh Chandra
    1 for0 against
  • Reappointment of Director Priya Agarwal
    1 for0 against
  • Reappointment of Edward T Story as Independent Director
    2 for0 against
  • Reappointment of Mr. Omkar Goswami as director
    1 for0 against
  • Reappointment of Naresh Chandra as Independent Director
    1 for0 against
  • Reappointment of Omkar Goswami as Independent Director
    1 for0 against
  • Reappointment of Priya Agarwal as Director
    1 for0 against
  • Reappointment of S. R. Batliboi & Co. LLP, Chartered Accountants as statutory auditors and to fix their remuneration
    1 for0 against
  • Reappointment of Tarun Jain as Director
    2 for0 against
  • Reelect P. Agarwal as Director
    Against Franklin Templeton Mutual Fund
    • Franklin Templeton Mutual FundA vote AGAINST the following nominee is warranted for the following reason:o P. Agarwal has attended less than 75 percent of board and committee meetings over the most recent fiscal year, without a satisfactory explanation
    0 for1 against
  • Remuneration of INR 885,000/- plus applicable taxes and out of pocket expenses payable to M/s. Shome & Banerjee (Firm Registration Number: 000001).
    2 for0 against
  • Remuneration of INR 885,000/- plus applicable taxes and out of pocket expenses payable to M/s. Shome & Banerjee (Firm Registration Number: 000001), Cost Accountants, appointed as Cost Auditors of the Company for FY'2014-15MoreLess
    1 for0 against
  • To appoint a Director in place of Ms. Priya Agarwal (DIN 05162177), who retires by rotation and is eligible for re-appointment.
    Against Bandhan Mutual Fund, Invesco Mutual Fund
    • Bandhan Mutual FundPriya Agarwal is 24 years old and lacks the requisite experience to be a board member. Additionally, in FY 14, she had 60% attendance in board meetings. Over the past three years, she has attended only 6 meetings out of 11 meetings, which is less than our required threshold of a three-year minimum average of 75% attendance
    • Invesco Mutual FundPriya Agarwal is 24 years old and lacks the requisite experience to be a board member. In FY13 and FY14, she has attended only 6 meetings out of 10 meetings.
    1 for2 against
  • To appoint S. R. Batliboi & Co. LLP, as statutory auditors of the Company and to fix their remuneration.
    1 for0 against
  • To appoint S. R. Batliboi & Co. LLP, Chartered Accountants (firm registration number: 301003E), as statutory auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next annual general meeting and to fix their remuneration.MoreLess
    1 for0 against
  • To appoint S. R. Batliboi & Co. LLP, Chartered Accountants (Þ rm registration number: 301003E), as statutory auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next annual general meeting and to fix their remuneration.MoreLess
    1 for0 against
  • To Appoint Statutory Auditor S. R. Batliboi & Co. LLP, & to fix their remuneration
    0 for0 against

    1 abstained

  • To confirm declaration and payment of dividend
    0 for0 against

    1 abstained

  • To confirm declaration and payment of interim dividend of INR 6 per equity share made during the year 2013-14 and to declare final dividend of INR 6.50 per equity share for the year ended 31 March, 2014.MoreLess
    3 for0 against
  • To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2014 together with the reports of the Directors’ and Auditors’ thereon.
    2 for0 against

    1 abstained

Mutual fund votes, meeting of 2 Jan 2014, 1 fund house

  • Purchase by the Company of its fully paid-up equity shares with face value of INR 10 each (hereinafter referred to as 'equity shares') at a price not exceeding INR 335 ('Maximum Buy-back Price') per equity share out of free reserves and/or securities premium account, from the open market through the Stock Exchanges (hereinafter referred to as 'Buy-Back')MoreLess
    1 for0 against

Mutual fund votes, meeting of 24 Jul 2013, 2 fund houses

  • Appointment of Mr. P. Elango as an Additional Director of the Company w.e.f. 21st Janyary, 2013.
    1 for0 against
  • Appointment of S. R. Batliboi & Co. LLP (formerly M/s. S. R. Batliboi & Co.), as Statutory Auditors and to fix their remuneration for the next Annual General Meeting of the Company.
    1 for0 against
  • Re-appointment of Mr. Edward T. Story as Director.
    1 for0 against
  • Re-appointment of Mr. Naresh Chandra as Directo.
    1 for0 against
  • To confirm declaration and payment of interim dividend for the year 2012-13 and to declare final dividend for the year ended 31 March, 2013.
    1 for0 against
  • To receive, consider and adopt the audited Balance Sheet and the Profit and Loss Account of the Company together with the reports of the Directors and Auditors thereon for the year ended on 31 March, 2013.MoreLess
    1 for0 against

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