Chemplast Sanmar MD, chairman, board of directors and AGM
NSE: CHEMPLASTSBSE: 543336Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹190.12.
- 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.
- ₹2,896 Cr865th 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. The filing of 25 May 2026
- 1.7
- 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 6 Aug 2026
- −20.5%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹150 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −12.6%
- 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 6 Aug 2026
- −4.2%
- 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 25 May 2026
- 1.11
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,00,53045.2% delivered
Chemplast Sanmar board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonVIJAY SANKAR
- Company Secretary and Compliance OfficerP Srinivasan
8 directors5 independent1 executive2 non-executive
- VIJAY SANKAR · ChairpersonNon-executive · joined Apr 2021 · 4 listed boards · 3 as independent · 4 committee seats
- VIKRAM HOSANGADYIndependent · joined May 2023 · reappointed May 2025 · 13 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 2 as chair
- VIJAYAKUMAR LAKSHMIIndependent · joined Apr 2021 · reappointed Apr 2026 · 62 months as independent · 1 listed board · 1 as independent
- ADITYA JAINIndependent · joined Apr 2021 · reappointed Apr 2026 · 62 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- SANJAY VIJAY BHANDARKARIndependent · joined Apr 2021 · reappointed Apr 2026 · 62 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 4 as chair
- PRASAD RAGHAVA MENONIndependent · joined Apr 2021 · reappointed Apr 2026 · 62 months as independent · 3 listed boards · 3 as independent · 3 committee seats
- GANESHKUMAR SUBRAMANIANExecutive · joined Apr 2026 · 1 listed board
- VADALUR SUBRAMANIAN RADHAKRISHNANNon-executive · joined May 2026 · 2 listed boards · 1 as independent · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- SUMIT MAHESHWARI, left 9 Apr 2026: Others
- RAMKUMAR SHANKAR, left 31 Mar 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 May 20268 of 8 present5 independent · 17 days in between
- 7 May 20267 of 7 present5 independent · 47 days in between
- 20 Mar 20268 of 8 present5 independent · 40 days in between
- 7 Feb 20267 of 8 present5 independent · 27 days in between
1 earlier meeting
- 10 Jan 20268 of 8 present5 independent
Audit Committee
Chair SANJAY VIJAY BHANDARKAR
VIJAY SANKAR, PRASAD RAGHAVA MENON, VIKRAM HOSANGADY
- 15 Jun 20264 of 4 present3 independent · 20 days in between
- 25 May 20264 of 4 present3 independent · 65 days in between
- 20 Mar 20264 of 4 present3 independent · 40 days in between
- 7 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair ADITYA JAIN
VIJAY SANKAR, SANJAY VIJAY BHANDARKAR
- 25 May 20263 of 3 present2 independent · 65 days in between
- 20 Mar 20263 of 3 present2 independent · 40 days in between
- 7 Feb 20263 of 3 present2 independent · 27 days in between
- 10 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair ADITYA JAIN
VIJAY SANKAR, VIKRAM HOSANGADY
- 20 Mar 20263 of 3 present2 independent
Risk Management Committee
Chair ADITYA JAIN
VIJAY SANKAR, SANJAY VIJAY BHANDARKAR, VIKRAM HOSANGADY
- 7 Feb 20264 of 4 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.
- B S R & Co. LLPPeer-review certificate valid to Jul 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Chemplast Sanmar 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.Chemplast Sanmar share news and announcements
Annual general meeting, 7 Aug 2026
66,005 shareholders on the register on 31 Jul 2026; present: 6 promoters and 45 others; votes counted by CS Dr B Ravi / B RAVI & ASSOCIATES.The company's voting result (opens in a new tab)
Consideration and approval of: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Auditors thereon and Board of Directors; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.25%
Turnout: all 80.83% · promoters 100.00% · institutions 74.96% · other public 0.08%
- Appointment of Mr Vijay Sankar (DIN: 00007875) as Director, liable to retire by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 20.51%
Turnout: all 80.83% · promoters 100.00% · institutions 74.96% · other public 0.08%
- Appointment of Mr V S Radhakrishnan (DIN: 08064705) as Non-Executive and Non-Independent Director of the Company in the casual vacancy caused by theresignation of Mr Sumit Maheshwari (DIN: 06920646)Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 7.03%
Turnout: all 80.83% · promoters 100.00% · institutions 74.96% · other public 0.08%
Ratification of payment of remuneration of Rs. 5,75,000 (Rupees Five Lakhs Seventy Five Thousand Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran & Co., Cost Accountants, (Firm Registration No. 100662), for carrying out Cost Audit of the Company for the Financial Year 2026-27MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.65%
Turnout: all 80.83% · promoters 100.00% · institutions 74.96% · other public 0.08%
Approval of the payment of higher of, (i) Commission at the rate not exceeding 1% (one percent) of the net profits of the Company in a financial year or (ii) Remuneration in the event of loss or inadequacy of profits in any financial year in accordance with Schedule V to the Act, subject to a maximum of` 1,00,00,000 (Rupees One Crore only), every year, in aggregate to all the Independent Directors [apart from sitting fees and expenses incurred for attending the meetings of the Board and / or the Committee(s) thereof] for a period of three (3) years from Financial Year 2026-27 to 2028-29MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 8.21%
Turnout: all 80.83% · promoters 100.00% · institutions 74.96% · other public 0.08%
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, 22 Mar 2026, 7 resolutions
63,578 shareholders on the register on 13 Feb 2026; votes counted by CS Dr B Ravi / B RAVI & ASSOCIATES.The company's voting result (opens in a new tab)
- Re-appointment of Mr Ramkumar Shankar (DIN:00018391) as Managing Director of the Company for 2 (two) months from February 1, 2026Special94.90% for5.10% against
Against: promoters 0.00% · institutions 12.53% · other public 5.78%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
- Appointment of Mr S Ganeshkumar (DIN:00088163) as Director of the Company with effect from April 1, 2026Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.05% · other public 5.67%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
- Appointment of Mr S Ganeshkumar (DIN:00088163) as Managing Director of the Company for a period of 3 (three) years from April 1, 2026Special94.90% for5.10% against
Against: promoters 0.00% · institutions 12.53% · other public 5.68%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
- Re-appointment of Mr Aditya Jain (DIN: 00835144) as an Independent Director of the Company for the second term of five years from April 26, 2026Special99.92% for0.08% against
Against: promoters 0.00% · institutions 0.18% · other public 5.95%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
- Re-appointment of Mr Sanjay Vijay Bhandarkar (DIN: 01260274) as an Independent Director of the Company for the second term of five years from April 26, 2026Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.10% · other public 5.95%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
- Re-appointment of Dr (Mrs) Lakshmi Vijayakumar (DIN: 09115998) as an Independent Director of the Company for the second term of five years from April 26, 2026Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.05% · other public 5.74%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
- Re-appointment of Mr Prasad Raghava Menon (DIN: 00005078) as an Independent Director of the Company for the second term of five years from April 26, 2026Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.05% · other public 5.80%
Turnout: all 92.79% · promoters 100.00% · institutions 97.71% · other public 0.78%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Aug 2025, 5 resolutions
66,384 shareholders on the register on 5 Aug 2025; present: 6 promoters and 32 others; votes counted by CS Dr B Ravi / B RAVI & ASSOCIATES.The company's voting result (opens in a new tab)
Consideration and approval of: a) the Audited Standalone Financial Statements of the Companyfor the financial year ended March 31, 2025, together with the Reports of the Auditors thereon and Board of Directors; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 7.80%
Turnout: all 93.13% · promoters 100.00% · institutions 97.94% · other public 0.13%
- Appointment of Mr Sumit Maheshwari (DIN: 06920646) Director, liable to retire by rotation.Ordinary97.42% for2.58% against
Against: promoters 0.00% · institutions 6.30% · other public 9.06%
Turnout: all 93.13% · promoters 100.00% · institutions 97.94% · other public 0.13%
Appointment of Mr Vikram Taranath Hosangady (DIN: 09757469) as a Non-Executive and Independent Director of the Company for a term of 5 (Five) consecutive years with effect from May 13, 2025 to May 12, 2030.MoreLess
Special97.17% for2.83% againstAgainst: promoters 0.00% · institutions 6.92% · other public 9.04%
Turnout: all 93.13% · promoters 100.00% · institutions 97.94% · other public 0.13%
Payment of Remuneration of Rs. 5,00,000 (Rupees Five Lacs Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran & Co., Cost Accountants, (FirmRegistration No. 100662), for carrying out Cost Audit of the Company for the Financial Year 2025-26MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 8.58%
Turnout: all 93.13% · promoters 100.00% · institutions 97.94% · other public 0.13%
- Appointment of B Ravi & Associates as Secretarial Auditors of the Company for a term of 5 (five) consecutive financial years from the financial year 2025-26 to 2029-30Ordinary99.83% for0.17% against
Against: promoters 0.00% · institutions 0.40% · other public 8.13%
Turnout: all 93.13% · promoters 100.00% · institutions 97.94% · other public 0.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 8 Aug 2024, 6 resolutions
Present: 6 promoters and 34 others.The company's voting result (opens in a new tab)
Adoption of a)the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Auditors thereon and Board of Directors.nb) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.65%
Turnout: all 93.02% · promoters 100.00% · institutions 96.54% · other public 0.13%
- Appointment of Director in place of Mr Vijay Sankar (DIN: 00007875) Director, who retires by rotation and being eligible, offers himself for reappointmentOrdinary97.35% for2.65% against
Against: promoters 0.00% · institutions 6.47% · other public 1.90%
Turnout: all 93.02% · promoters 100.00% · institutions 96.54% · other public 0.13%
Appointment of Mr Sumit Maheshwari (DIN:06920646) as Non-Executive Non- Independent Director of the Company liable to retire by rotation, in the casual vacancy caused by the retirement of Mr Chandran Ratnaswami (DIN: 00109215).MoreLess
Ordinary97.46% for2.54% againstAgainst: promoters 0.00% · institutions 6.22% · other public 1.90%
Turnout: all 93.02% · promoters 100.00% · institutions 96.54% · other public 0.13%
Payment of Remuneration of Rs. 5,00,000 (Rupees Five Lacs Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran & Co., Cost Accountants, (Firm Registration No. 100662), who were appointed by the Board of Directors at its meeting held on May 20, 2024 for carrying out Cost Audit of the Company for the Financial Year 2024-25.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.05%
Turnout: all 93.02% · promoters 100.00% · institutions 96.54% · other public 0.13%
- Remuneration/Commission to Independent DirectorsOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.07% · other public 6.10%
Turnout: all 93.02% · promoters 100.00% · institutions 96.54% · other public 0.13%
- Raising of funds by issue of Equity Shares and/or convertible instruments including through Qualified Institutional Placement.Special97.39% for2.61% against
Against: promoters 0.00% · institutions 6.37% · other public 3.95%
Turnout: all 93.02% · promoters 100.00% · institutions 96.54% · other public 0.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 11 Aug 2023, 4 resolutions
Present: 6 promoters and 31 others.The company's voting result (opens in a new tab)
Adoption of a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.27%
Turnout: all 91.94% · promoters 100.00% · institutions 96.20% · other public 0.20%
- Appointment of Mr Chandran Ratnaswami (DIN: 00109215) Director, liable to retire by rotation.Ordinary93.76% for6.24% against
Against: promoters 0.00% · institutions 15.63% · other public 2.85%
Turnout: all 91.55% · promoters 100.00% · institutions 95.16% · other public 0.20%
Appointment of Mr Vikram Taranath Hosangady (DIN:09757469) as Non-Executive Non-Independent Director of the Company liable to retire by rotation, in the casual vacancy caused by the resignation of Dr Amarnath AnanthanarayananMoreLess
Ordinary99.66% for0.34% againstAgainst: promoters 0.00% · institutions 0.85% · other public 4.54%
Turnout: all 91.94% · promoters 100.00% · institutions 96.20% · other public 0.20%
- To approve the payment of Remuneration to Cost Auditors, N Sivashankaran & Co, Cost Accountants for the Financial year 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.30%
Turnout: all 91.94% · promoters 100.00% · institutions 96.20% · other public 0.20%
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, 24 Jun 2022, 5 resolutions
Present: 5 promoters and 44 others.The company's voting result (opens in a new tab)
ORDINARY - Consideration and adoption of a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.20%
Turnout: all 87.05% · promoters 100.00% · institutions 90.17% · other public 0.10%
- ORDINARY - Appointment of Dr Amarnath Ananthanarayanan (DIN 02928105) liable to retire by rotation.Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 0.71% · other public 5.30%
Turnout: all 87.04% · promoters 100.00% · institutions 90.17% · other public 0.09%
ORDINARY - Appointment of BSR Co LLP, Chartered Accountants, (Firm registration number 101248W/W100022) as Statutory Auditors of the Company to hold office for a period of 5 (five) years from the conclusion of this Annual General Meeting until the conclusion of the Annual General Meeting to be held during the year 2027 to examine and audit the accounts of the Company for the financial years 2022-23 to 2026-27 on the remuneration as may be recommended by the Audit Committee to the Board of Directors in consultation with the Statutory Auditors.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.71%
Turnout: all 87.04% · promoters 100.00% · institutions 90.17% · other public 0.09%
ORDINARY - Payment of Remuneration of Rs. 5,00,000 (Rupees Five Lacs Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran Co., Cost Accountants, (Firm Registration No. 100662), who were appointed by the Board of Directors at their meeting held on May 10, 2022 for carrying out Cost Audit of the Company for the Financial Year 2022-23MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.80%
Turnout: all 87.04% · promoters 100.00% · institutions 90.17% · other public 0.09%
ORDINARY - Payment of annual commission at the rate not exceeding 1 (one per cent) of the net profits of the Company computed in the manner as laid down under sections 197 and 198 of the Companies Act, 2013, as amended, subject to a maximum of Rs. 50,00,000 (Rupees Fifty Lacs Only), per annum, to all the Independent Directors together (apart from sitting fees and expenses incurred for attending the meeting of the Board or the Committee(s) thereof) for a period of five years commencing from the financial year 2021-22 and the said commission be paid to the independent directors in such amount, proportion and manner as may be recommended by the Nomination and Remuneration Committee to the Board of Directors of the Company.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.01% · other public 16.18%
Turnout: all 87.04% · promoters 100.00% · institutions 90.17% · other public 0.10%
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 7 Aug 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)
Consideration and approval of: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Auditors thereon and Board of Directors; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereon.MoreLess
3 for0 against- Appointment of Mr Vijay Sankar (DIN: 00007875) as Director, liable to retire by rotation.3 for0 against
- Appointment of Mr V S Radhakrishnan (DIN: 08064705) as Non-Executive and Non-Independent Director of the Company in the casual vacancy caused by theresignation of Mr Sumit Maheshwari (DIN: 06920646)3 for0 against
Ratification of payment of remuneration of Rs. 5,75,000 (Rupees Five Lakhs Seventy Five Thousand Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran & Co., Cost Accountants, (Firm Registration No. 100662), for carrying out Cost Audit of the Company for the Financial Year 2026-27MoreLess
3 for0 againstApproval of the payment of higher of, (i) Commission at the rate not exceeding 1% (one percent) of the net profits of the Company in a financial year or (ii) Remuneration in the event of loss or inadequacy of profits in any financial year in accordance with Schedule V to the Act, subject to a maximum of` 1,00,00,000 (Rupees One Crore only), every year, in aggregate to all the Independent Directors [apart from sitting fees and expenses incurred for attending the meetings of the Board and / or the Committee(s) thereof] for a period of three (3) years from Financial Year 2026-27 to 2028-29MoreLess
3 for0 against
Mutual fund votes, meeting of 22 Mar 2026, 9 fund houses
- Re-appointment of Mr Ramkumar Shankar (DIN:00018391) as Managing Director of the Company for 2 (two) months from February 1, 20269 for0 against
- Appointment of Mr S Ganeshkumar (DIN:00088163) as Director of the Company with effect from April 1, 20269 for0 against
- Appointment of Mr S Ganeshkumar (DIN:00088163) as Managing Director of the Company for a period of 3 (three) years from April 1, 20269 for0 against
- Re-appointment of Mr Aditya Jain (DIN: 00835144) as an Independent Director of the Company for the second term of five years from April 26, 20269 for0 against
- Re-appointment of Mr Sanjay Vijay Bhandarkar (DIN: 01260274) as an Independent Director of the Company for the second term of five years from April 26, 20269 for0 against
- Re-appointment of Dr (Mrs) Lakshmi Vijayakumar (DIN: 09115998) as an Independent Director of the Company for the second term of five years from April 26, 20269 for0 against
- Re-appointment of Mr Prasad Raghava Menon (DIN: 00005078) as an Independent Director of the Company for the second term of five years from April 26, 20269 for0 against
4 earlier meetings
Mutual fund votes, meeting of 12 Aug 2025, 11 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Consideration and approval of: a) the Audited Standalone Financial Statements of the Companyfor the financial year ended March 31, 2025, together with the Reports of the Auditors thereon and Board of Directors; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of Auditors thereon.MoreLess
10 for0 against- Appointment of Mr Sumit Maheshwari (DIN: 06920646) Director, liable to retire by rotation.11 for0 against
Appointment of Mr Vikram Taranath Hosangady (DIN: 09757469) as a Non-Executive and Independent Director of the Company for a term of 5 (Five) consecutive years with effect from May 13, 2025 to May 12, 2030.MoreLess
Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: No cooling off period served from his transition/appointment from Non-Executive Director to Independent Director.
- Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed Appointee. Governance Concern: No cooling off period served from his transition/appointment from NED to ID.
8 for3 againstPayment of Remuneration of Rs. 5,00,000 (Rupees Five Lacs Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran & Co., Cost Accountants, (FirmRegistration No. 100662), for carrying out Cost Audit of the Company for the Financial Year 2025-26MoreLess
11 for0 against- Appointment of B Ravi & Associates as Secretarial Auditors of the Company for a term of 5 (five) consecutive financial years from the financial year 2025-26 to 2029-30
Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundProposed fee payable to Secretarial Auditors not disclosed.
- Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR: Proposed fee payable to Secretarial Auditors not disclosed.
8 for3 against
1 proposal not matched to one resolution
- Accept Financial Statements and Statutory Reports1 for0 against
Mutual fund votes, meeting of 8 Aug 2024, 12 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Adoption of a)the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Auditors thereon and Board of Directors.nb) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of Auditors thereon.MoreLess
12 for0 against- Appointment of Director in place of Mr Vijay Sankar (DIN: 00007875) Director, who retires by rotation and being eligible, offers himself for reappointment12 for0 against
Appointment of Mr Sumit Maheshwari (DIN:06920646) as Non-Executive Non- Independent Director of the Company liable to retire by rotation, in the casual vacancy caused by the retirement of Mr Chandran Ratnaswami (DIN: 00109215).MoreLess
12 for0 againstPayment of Remuneration of Rs. 5,00,000 (Rupees Five Lacs Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran & Co., Cost Accountants, (Firm Registration No. 100662), who were appointed by the Board of Directors at its meeting held on May 20, 2024 for carrying out Cost Audit of the Company for the Financial Year 2024-25.MoreLess
11 for0 against- Remuneration/Commission to Independent Directors
Against Groww Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Inadequate Disclosures w.r.t justification for the increased limits in payment of commission to the IDs.
10 for2 against - Raising of funds by issue of Equity Shares and/or convertible instruments including through Qualified Institutional Placement.1 for0 against
4 proposals not matched to one resolution
- 6) Approve issuance of equity securities upto Rs. 10.0 bn.1 for0 against
- Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights1 for0 against
- To approve, Appointment of Cost Auditors.1 for0 against
To create, offer, issue and allot (including with provisions for reservations on firm and/ or competitive basis, for such part of issue and for such categories of persons as may be permitted by applicable law) with or without green shoe option, such number of Equity Shares, and/or Foreign Currency Convertible Bonds (FCCBs) and/ or other securities convertible into Equity Shares (including warrants, or otherwise), fully convertible debentures, partly convertible debentures, or convertible preference shares or any security convertible into Equity Shares (hereinafter referred to as Securities), or any combination thereof, in accordance with applicable law, in one or more tranches, whether rupee denominated or denominated in foreign currency in the course of domestic and / or international offering(s) in one or more foreign markets, in terms of the applicable regulations and as permitted under the applicable laws, in such manner in consultation with the lead managers / book running lead manager(s) and/or other advisor(s) or otherwise, for an aggregate amount not exceeding Rs. 1,000 Crores.MoreLess
Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundCompliant with Law. Governance concern: Excessive dilution and no specific justification which indicates urgent need of funds.
6 for3 against
Mutual fund votes, meeting of 11 Aug 2023, 11 fund houses
Adoption of a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the Report of Auditors thereon.MoreLess
11 for0 against- Appointment of Mr Chandran Ratnaswami (DIN: 00109215) Director, liable to retire by rotation.
Against Franklin Templeton Mutual Fund
- Franklin Templeton Mutual FundA vote AGAINST the nominee is warranted because: • Chandran Ratnaswami serves on a total of more than six public company boards, which could potentially compromise his ability to commit sufficient time to his role in the company. • Chandran Ratnaswami has failed to attend at least 75 percent of board and committee meetings in the most recent fiscal year, without a satisfactory explanation.
10 for1 against Appointment of Mr Vikram Taranath Hosangady (DIN:09757469) as Non-Executive Non-Independent Director of the Company liable to retire by rotation, in the casual vacancy caused by the resignation of Dr Amarnath AnanthanarayananMoreLess
11 for0 against- To approve the payment of Remuneration to Cost Auditors, N Sivashankaran & Co, Cost Accountants for the Financial year 2023-2411 for0 against
Mutual fund votes, meeting of 24 Jun 2022, 11 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
ORDINARY - Consideration and adoption of a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 together with the Report of Auditors thereon.MoreLess
10 for0 against- ORDINARY - Appointment of Dr Amarnath Ananthanarayanan (DIN 02928105) liable to retire by rotation.11 for0 against
ORDINARY - Appointment of BSR Co LLP, Chartered Accountants, (Firm registration number 101248W/W100022) as Statutory Auditors of the Company to hold office for a period of 5 (five) years from the conclusion of this Annual General Meeting until the conclusion of the Annual General Meeting to be held during the year 2027 to examine and audit the accounts of the Company for the financial years 2022-23 to 2026-27 on the remuneration as may be recommended by the Audit Committee to the Board of Directors in consultation with the Statutory Auditors.MoreLess
4 for0 againstORDINARY - Payment of Remuneration of Rs. 5,00,000 (Rupees Five Lacs Only), apart from reimbursement of out-of-pocket expenses and applicable taxes, to N Sivashankaran Co., Cost Accountants, (Firm Registration No. 100662), who were appointed by the Board of Directors at their meeting held on May 10, 2022 for carrying out Cost Audit of the Company for the Financial Year 2022-23MoreLess
11 for0 againstORDINARY - Payment of annual commission at the rate not exceeding 1 (one per cent) of the net profits of the Company computed in the manner as laid down under sections 197 and 198 of the Companies Act, 2013, as amended, subject to a maximum of Rs. 50,00,000 (Rupees Fifty Lacs Only), per annum, to all the Independent Directors together (apart from sitting fees and expenses incurred for attending the meeting of the Board or the Committee(s) thereof) for a period of five years commencing from the financial year 2021-22 and the said commission be paid to the independent directors in such amount, proportion and manner as may be recommended by the Nomination and Remuneration Committee to the Board of Directors of the Company.MoreLess
11 for0 against
3 proposals not matched to one resolution
- Accept Consolidated Financial Statements and Statutory Reports1 for0 against
- Accept Standalone Financial Statements and Statutory Reports1 for0 against
- To appoint auditors and fix their remuneration7 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyDeputy Commissioner (GST) AppealsSince 28 May 2026
Penalty on GST order Financial Year 2017-18 – Rs. 20,000/-
Penalty on Non Payment of GST for Ministry of Corporate Affairs fees - Fine or penaltyDeputy Commissioner (GST) AppealsSince 28 May 2026
Penalty on GST order Financial Year 2019-20 – Rs. 42,058/-
Penalty on Non Payment of GST for Ministry of Corporate Affairs fees , ITC for Certain items. - Fine or penaltyDeputy Commissioner (GST) AppealsSince 28 May 2026
Penalty on ITC taken on Vendor invoices who are GST return Defaulters – Rs. 58,162/-
Penalty on ITC taken for vendor return defautlers. - Fine or penaltyAssistant Commissioner (Customs) ChennaiSince 29 Apr 2026
Penalty on Delayed submission of Documents – Rs.5,000/-
Penalty on Delayed submission of Documents for Imports
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
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.