Chennai Petroleum Corporation logo

Chennai Petroleum Corporation CEO, MD, chairman, board of directors and AGM

NSE: CHENNPETROBSE: 500110Petroleum ProductsSmall Cap

Formerly Madras Refineries
Last close ₹1,475.60up ₹21.90 (1.51%)BSE ₹1,478.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,453.70.

52-week range of traded prices to 23 Oct 2026
₹738.50Low, 23 Oct 2025₹1,677.50High, 11 Sep 2026
Market cap
₹21,973 Cr432nd largest listed
P/E
3.9
P/B
1.6
Dividend yield
4.20%
ROE
50.9%
ROCE
48.4%
Debt to equity
0.16
Volume, NSE
64,08,88213.3% delivered

Chennai Petroleum Corporation 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

  • ChairpersonArvinder Singh SahneyRelated to the promoter
  • Managing director and CEOH.SHANKAR
  • Company Secretary and Compliance OfficerLalit Kumar Mohanty

11 directors1 independent4 executive6 non-executive

  • Arvinder Singh Sahney · ChairpersonNominee, non-executive · joined Nov 2024 · 3 listed boards
  • H.SHANKAR · Managing director and CEOExecutive · joined Oct 2020 · 1 listed board
  • ROHIT KUMAR AGRAWALAExecutive · joined Mar 2023 · 1 listed board · 1 committee seat
  • DEEPAK SRIVASTAVANominee, non-executive · joined Nov 2024 · 1 listed board · 2 committee seats
  • BABAK BAGHERPOURNominee, non-executive · joined Mar 2019 · 2 listed boards · 2 committee seats
  • MOHAMMED BAGHER DAKHILINominee, non-executive · joined Jan 2017 · 2 listed boards
  • P.KANNANExecutive · joined Aug 2023 · 1 listed board
  • INDER JEETNominee, non-executive · joined Nov 2023 · 1 listed board
  • Manoj Kumar PandeyIndependent · joined May 2025 · 36 months as independent · 1 listed board · 1 as independent
  • S.G.VenkateshExecutive · joined Jan 2026 · 1 listed board
  • V.C.AsokanNominee, non-executive · joined Apr 2026 · 1 listed board

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.

5 directors who left
  • M Annadurai, left 31 Mar 2026: Tenure Completion
  • C.K.SHIVANNA, left 28 Mar 2026: Tenure Completion
  • RAVI KUMAR RUNGTA, left 28 Mar 2026: Tenure Completion
  • V. Satish Kumar, left 25 Nov 2024: Others
  • SUBHAJIT SARKAR, left 25 Nov 2024: Others

Committees and meetings

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

  • Board

    • 19 Sep 202611 of 11 present1 independent · 57 days in between
    • 23 Jul 202611 of 11 present1 independent · 26 days in between
    • 26 Jun 202611 of 11 present1 independent

  • Audit Committee

    Chair Manoj Kumar Pandey

    DEEPAK SRIVASTAVA, BABAK BAGHERPOUR

    • 23 Jul 20263 of 3 present1 independent · 89 days in between
    • 24 Apr 20263 of 3 present1 independent

  • Nomination and remuneration committee

    Chair Manoj Kumar Pandey

    DEEPAK SRIVASTAVA, BABAK BAGHERPOUR

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Manoj Kumar Pandey

    BABAK BAGHERPOUR, ROHIT KUMAR AGRAWALA, DEEPAK SRIVASTAVA

    No meeting listed in the filing.

  • Risk Management Committee

    Chair H.SHANKAR

    P.KANNAN, ROHIT KUMAR AGRAWALA, Manoj Kumar Pandey, S.G.Venkatesh, V.C.Asokan

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Manoj Kumar Pandey

    MOHAMMED BAGHER DAKHILI, ROHIT KUMAR AGRAWALA, DEEPAK SRIVASTAVA, S.G.Venkatesh

    • 18 Sep 20265 of 5 present1 independent · 56 days in between

  • Board Project Committee

    Chair DEEPAK SRIVASTAVA

    ROHIT KUMAR AGRAWALA, P.KANNAN, S.G.Venkatesh, Manoj Kumar Pandey

    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 Sep 2026.

  • MS. RGN PRICE & COPeer-review certificate valid to Mar 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.

Chennai Petroleum Corporation 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.Chennai Petroleum Corporation dividend history

Annual general meeting, 26 Aug 2026

1,56,364 shareholders on the register on 19 Aug 2026; present: 2 promoters and 97 others; votes counted by S.Lalitha / Chitra Lalitha and Associates.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY (STANDALONE AND CONSOLIDATED) FOR THE PERIOD FROM 1STAPRIL 2025 TO 31ST MARCH 2026, TOGETHER WITH THE DIRECTORS’ REPORT AND THE AUDITOR’S REPORTS THERETOMoreLess
    Ordinary
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 1.00% · other public 0.26%

    Turnout: all 81.29% · promoters 100.00% · institutions 81.20% · other public 0.86%

  2. TO DECLARE PREFERENCE DIVIDEND OF 6.65% (RS 0.665/- PER PREFERENCE SHARE) ON THE OUTSTANDING PREFERENCE SHARES UP TO THE DATE OF REDEMPTION I.E SEPTEMBER 23, 2025, AMOUNTING TO RS.15.94 CR. FOR THE YEAR 2025-26MoreLess
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.70% · other public 0.31%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.58% · other public 0.86%

  3. TO DECLARE FINAL EQUITY DIVIDEND OF RS. 54/- PER EQUITY SHARE FOR THE YEAR 2025-26
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.70% · other public 0.24%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.58% · other public 0.86%

  4. TO APPOINT A DIRECTOR IN PLACE OF MR. INDERJEET (DIN: 10385230), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT
    Ordinary
    84.19% for15.81% against

    Against: promoters 0.00% · institutions 92.37% · other public 0.44%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.57% · other public 0.86%

  5. TO APPOINT A DIRECTOR IN PLACE OF MR. ROHIT KUMAR AGRAWALA (DIN: 10048961), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT
    Ordinary
    84.75% for15.25% against

    Against: promoters 0.00% · institutions 89.06% · other public 0.42%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.57% · other public 0.86%

  6. APPOINTMENT OF MR. S.G. Venkatesh (DIN: 08823140) AS A DIRECTOR (TECHNICAL)
    Ordinary
    85.81% for14.19% against

    Against: promoters 0.00% · institutions 82.86% · other public 0.24%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.57% · other public 0.86%

  7. APPOINTMENT OF MR. V.C. ASOKAN (DIN: 11646048) AS A NOMINEE DIRECTOR
    Ordinary
    86.78% for13.22% against

    Against: promoters 0.00% · institutions 77.16% · other public 5.80%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.57% · other public 0.86%

  8. RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2026-27
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.70% · other public 0.24%

    Turnout: all 81.35% · promoters 100.00% · institutions 81.57% · other public 0.86%

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, 25 Aug 2025, 14 resolutions

1,97,792 shareholders on the register on 18 Aug 2025; present: 2 promoters and 73 others; votes counted by S.Lalitha / Chitra Lalitha and Associates.The company's voting result (opens in a new tab)

  1. ORDINARY - To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 1stApril 2024 to 31st March 2025, together with the Directors’ Report and the Auditor’s Reports thereto.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.54%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  2. ORDINARY - To declare dividend of Rs 0.665/- per Preference share for the year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.98%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  3. ORDINARY - To declare dividend of Rs. 5/- per Equity Share for the year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.99%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  4. ORDINARY - To appoint a Director in place of Mr. P Kannan (DIN: 10250173), who retires by rotation and is eligible for reappointment
    Ordinary
    91.57% for8.43% against

    Against: promoters 0.00% · institutions 74.86% · other public 2.99%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  5. ORDINARY - Appointment of Mr. Arvinder Singh Sahney (DIN: 10652030) as a Nominee Director and to Designate him as Non-Executive Chairman
    Ordinary
    93.23% for6.77% against

    Against: promoters 0.00% · institutions 60.12% · other public 2.88%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  6. ORDINARY - Appointment of Mr. H Shankar (DIN: 08845247) as a Managing Director
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 2.74% · other public 2.67%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  7. ORDINARY - Appointment of Mr. M. Anna Durai (DIN: 10870538) as a Nominee Director
    Ordinary
    91.54% for8.46% against

    Against: promoters 0.00% · institutions 75.14% · other public 2.68%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  8. ORDINARY - Appointment of Mr. Deepak Srivastava (DIN: 09275923) as a Government Nominee Director
    Ordinary
    91.03% for8.97% against

    Against: promoters 0.00% · institutions 79.73% · other public 2.79%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  9. SPECIAL - Re-Appointment of Dr.C.K. Shivanna (DIN 09398521) as an Independent Director
    Special
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 5.80% · other public 2.92%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  10. SPECIAL - Re-Appointment of Mr. Ravi Kumar Rungta (DIN 00993270) as an Independent Director
    Special
    95.64% for4.36% against

    Against: promoters 0.00% · institutions 39.85% · other public 2.91%

    Turnout: all 75.64% · promoters 100.00% · institutions 75.85% · other public 0.42%

  11. SPECIAL - Appointment of Mr. Manoj Kumar Pandey (DIN 11111277) as an Independent Director
    Special
    95.44% for4.56% against

    Against: promoters 0.00% · institutions 40.49% · other public 2.76%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  12. ORDINARY - Ratification of Remuneration of Cost Auditor for the Year 2025 – 26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.89%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  13. ORDINARY - Appointment of Secretarial Auditor for the Financial Year 2025-26 upto 2029-30
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.35% · other public 2.18%

    Turnout: all 75.92% · promoters 100.00% · institutions 78.41% · other public 0.42%

  14. ORDINARY - Approval for Material Related Party Transactions with Cauvery Basin Refinery and Petrochemicals Limited, a Joint Venture Company of CPCL, for the Year 2026-27
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.77%

    Turnout: all 24.03% · promoters 22.89% · institutions 78.41% · other public 0.42%

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, 7 Aug 2024, 10 resolutions

Present: 2 promoters and 63 others.The company's voting result (opens in a new tab)

  1. ORDINARY - TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY (STANDALONE AND CONSOLIDATED) FOR THE PERIOD FROM 1STAPRIL 2023 TO 31ST MARCH 2024, TOGETHER WITH THE DIRECTORS’ REPORT AND THE AUDITOR’S REPORT.MoreLess
    Ordinary
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 2.96% · other public 2.59%

    Turnout: all 80.34% · promoters 100.00% · institutions 77.61% · other public 0.33%

  2. ORDINARY - TO DECLARE DIVIDEND ON PREFERENCE SHARES FOR THE YEAR 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.47%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

  3. ORDINARY - TO DECLARE DIVIDEND ON EQUITY SHARES FOR THE YEAR 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.54%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

  4. ORDINARY - TO APPOINT A DIRECTOR IN PLACE OF MR. DEEPAK SRIVASTAVA (DIN: 09275923), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR REAPPOINTMENT.
    Ordinary
    83.76% for16.24% against

    Against: promoters 0.00% · institutions 92.90% · other public 3.60%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

  5. ORDINARY - TO APPOINT A DIRECTOR IN PLACE OF MR. ROHIT KUMAR AGRAWALA (DIN: 10048961), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR REAPPOINTMENT.
    Ordinary
    90.52% for9.48% against

    Against: promoters 0.00% · institutions 54.24% · other public 3.74%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

  6. ORDINARY - TO APPOINT A DIRECTOR IN PLACE OF MR. S.M.VAIDYA (DIN: 06995642), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR REAPPOINTMENT.
    OrdinaryPromoters have an interest in it
    84.65% for15.35% against

    Against: promoters 0.00% · institutions 87.80% · other public 3.75%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.32%

  7. ORDINARY - APPOINTMENT OF MR. INDER JEET (DIN: 10385230) AS A DIRECTOR.
    Ordinary
    85.42% for14.58% against

    Against: promoters 0.00% · institutions 83.38% · other public 3.94%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

  8. ORDINARY - APPOINTMENT OF MR. SUBHAJIT SARKAR (DIN: 09706305) AS A DIRECTOR.
    OrdinaryPromoters have an interest in it
    85.54% for14.46% against

    Against: promoters 0.00% · institutions 82.72% · other public 3.46%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

  9. ORDINARY - APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS WITH CAUVERY BASIN REFINERY AND PETROCHEMICALS LIMITED, A JOINT VENTURE COMPANY OF CPCL, FOR THE YEAR 2025-26.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.58%

    Turnout: all 29.72% · promoters 22.89% · institutions 85.18% · other public 0.33%

  10. ORDINARY - RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2024 – 25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.75%

    Turnout: all 81.60% · promoters 100.00% · institutions 85.18% · other public 0.33%

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, 22 Aug 2023, 10 resolutions

Present: 2 promoters and 64 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 01st April 2022 to 31st March 2023, together with the Directors’ Report and the Auditor’s Report.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 74.27% · promoters 100.00% · institutions 70.08% · other public 0.44%

  2. To declare dividend on Preference Shares for the year 2022-23.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.23%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.44%

  3. To declare dividend on Equity Shares for the year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.44%

  4. To appoint a Director in place of Ms Sukla Mistry (DIN: 09309378), who retires by rotation and being eligible, offers herself for reappointment
    OrdinaryPromoters have an interest in it
    90.89% for9.11% against

    Against: promoters 0.00% · institutions 81.62% · other public 0.46%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.43%

  5. To appoint a Director in place of Mr H Shankar (DIN: 08845247), who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    93.27% for6.73% against

    Against: promoters 0.00% · institutions 60.31% · other public 0.46%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.44%

  6. Appointment of Mr. Rohit Kumar Agrawala (DIN: 10048961) as a Director
    Ordinary
    90.90% for9.10% against

    Against: promoters 0.00% · institutions 81.55% · other public 0.46%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.44%

  7. Appointment of Mr K Surendaran (DIN: 10091005) as an Independent Director
    Special
    93.40% for6.60% against

    Against: promoters 0.00% · institutions 59.15% · other public 0.46%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.44%

  8. Approval for Material Related Party Transactions with Cauvery Basin Refinery and Petrochemicals Limited, a Joint Venture Company of CPCL, for the year 2023-24 and 2024-25
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 8.57% · promoters 0.00% · institutions 86.15% · other public 0.43%

  9. Ratification of Remuneration of Cost Auditor for the year 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.48%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.43%

  10. Appointment of Mr P Kannan (DIN: 10250173) as a Director
    Ordinary
    90.90% for9.10% against

    Against: promoters 0.00% · institutions 81.55% · other public 0.46%

    Turnout: all 75.85% · promoters 100.00% · institutions 86.15% · other public 0.44%

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, 23 Aug 2022, 10 resolutions

Present: 2 promoters and 48 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 01st April 2021 to 31st March 2022, together with the Directors’ Report and the Auditor’s Report.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 72.87% · promoters 100.00% · institutions 56.42% · other public 0.32%

  2. To declare dividend on Cumulative Preference Shares for the year 2021-22 and previous years.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.32%

  3. To declare dividend on Equity Shares for the year 2021-22.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.31%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.33%

  4. To appoint a Director in place of Mr. S.M. Vaidya (DIN: 06995642), who retires by rotation and being eligible, offers himself for reappointment
    OrdinaryPromoters have an interest in it
    96.42% for3.58% against

    Against: promoters 0.00% · institutions 39.52% · other public 0.77%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

  5. To appoint a Director in place of Mr. Rajeev Ailawadi (DIN: 07826722), who retires by rotation and being eligible, offers himself for reappointment.
    Ordinary
    96.42% for3.58% against

    Against: promoters 0.00% · institutions 39.52% · other public 0.85%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

  6. Appointment of Mr Arvind Kumar (DIN: 09224177) as a Director
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.66% · other public 0.49%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

  7. Appointment of Ms. Sukla Mistry (DIN: 09309378) as a Director
    OrdinaryPromoters have an interest in it
    96.42% for3.58% against

    Against: promoters 0.00% · institutions 39.52% · other public 0.80%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

  8. Appointment of Dr.C.K.Shivanna (DIN: 09398521) as an Independent Director
    Special
    97.46% for2.54% against

    Against: promoters 0.00% · institutions 27.99% · other public 0.49%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

  9. Appointment of Mr. Ravi Kumar Rungta (DIN: 00993270) as an Independent Director
    Special
    97.46% for2.54% against

    Against: promoters 0.00% · institutions 27.99% · other public 0.58%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

  10. Ratification of remuneration of Cost Auditor for the year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 74.07% · promoters 100.00% · institutions 68.79% · other public 0.31%

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

Annual general meeting, 20 Aug 2021, 8 resolutions

Present: 2 promoters and 43 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 01st April 2020 to 31st March 2021, together with the Directors’ Report and the Auditor’s Report.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.11% · other public 1.04%

    Turnout: all 78.64% · promoters 100.00% · institutions 86.95% · other public 0.19%

  2. To appoint a Director in place of Mr S Krishnan (DIN: 08691391), who retires by rotation and being eligible, offers himself for reappointment.
    Ordinary
    98.35% for1.65% against

    Against: promoters 0.00% · institutions 11.34% · other public 3.50%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

  3. Appointment of Mr H Shankar (DIN: 08845247) as a Director
    Ordinary
    98.35% for1.65% against

    Against: promoters 0.00% · institutions 11.34% · other public 2.69%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

  4. Appointment of Mr Deepak Srivastava (DIN: 09275923) as a Director.
    Ordinary
    98.35% for1.65% against

    Against: promoters 0.00% · institutions 11.34% · other public 1.53%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

  5. Ratification of Remuneration of Cost Auditor for the year 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.05%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

  6. Increasing the Borrowing Powers of the Company from Rs.10,000 Crores to Rs.11,500 Crores
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.60%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

  7. Charging/ Mortgaging the Moveable/ Immoveable Properties of the Company for the Borrowings under Section 180 (1)(A) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.69%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

  8. To participate and to invest in the Joint Venture Company proposed to be formed for implementing 9 MMTPA Cauvery Basin Refinery (CBR) Project.
    Special
    98.89% for1.11% against

    Against: promoters 0.00% · institutions 7.62% · other public 2.15%

    Turnout: all 78.78% · promoters 100.00% · institutions 88.03% · other public 0.19%

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 Sep 2020, 7 resolutions

Present: 2 promoters and 56 others.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY (STANDALONE & CONSOLIDATED) FOR THE PERIOD FROM 1ST APRIL, 2019 TO 31ST MARCH, 2020, TOGETHER WITH THE DIRECTORS' REPORT AND THE AUDITOR'S REPORTMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.78%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · other public 0.08%

  2. TO APPOINT A DIRECTOR IN PLACE OF MR.RAJEEV AILAWADI (DIN: 07826722), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    Ordinary
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 4.64% · other public 7.36%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · other public 0.08%

  3. TO APPOINT A DIRECTOR IN PLACE OF MR.S.M.VAIDYA DIN: 06995642, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    OrdinaryPromoters have an interest in it
    96.76% for3.24% against

    Against: promoters 0.00% · institutions 22.70% · other public 5.14%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · other public 0.08%

  4. APPOINTMENT OF MR.S.KRISHNAN DIN: 08691391 AS A DIRECTOR
    Ordinary
    97.07% for2.93% against

    Against: promoters 0.00% · institutions 20.47% · other public 3.64%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · other public 0.08%

  5. APPOINTMENT OF MRS.SOBHA SURENDRAN DIN: 08599985 AS AN INDEPENDENT DIRECTOR
    Ordinary
    98.74% for1.26% against

    Against: promoters 0.00% · institutions 8.81% · other public 8.21%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · other public 0.08%

  6. APPOINTMENT OF MR.MANOJ SHARMA DIN: 08777977 AS A DIRECTOR
    OrdinaryPromoters have an interest in it
    97.07% for2.93% against

    Against: promoters 0.00% · institutions 20.52% · other public 9.69%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · other public 0.08%

  7. RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2020-2021
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.73%

    Turnout: all 78.52% · promoters 100.00% · institutions 87.83% · 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.

Annual general meeting, 21 Aug 2019, 11 resolutions

Present: 2 promoters and 4,217 others.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT (STANDALONE & CONSOLIDATED) OF THE COMPANY FOR THE PERIOD FROM 1ST APRIL, 2018 TO 31ST MARCH, 2019, TOGETHER WITH THE DIRECTORS REPORT AND THE AUDITORS REPORTMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.32%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  2. TO APPOINT A DIRECTOR IN PLACE OF MR.G.ARAVINDAN DIN 07992886, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    Ordinary
    92.98% for7.02% against

    Against: promoters 0.00% · institutions 29.69% · other public 5.82%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  3. TO APPOINT A DIRECTOR IN PLACE OF MRS.PERIN DEVI DIN 7145051, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HERSELF FOR REAPPOINTMENT
    Ordinary
    92.19% for7.81% against

    Against: promoters 0.00% · institutions 33.01% · other public 3.42%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  4. APPOINTMENT OF MR.R.SRIKANTHAN DIN 08198470 AS A DIRECTOR
    Ordinary
    92.98% for7.02% against

    Against: promoters 0.00% · institutions 29.69% · other public 4.40%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  5. APPOINTMENT OF MR.D.DURAIGANESAN DIN 08200628 AS AN INDEPENDENT DIRECTOR
    Ordinary
    97.24% for2.76% against

    Against: promoters 0.00% · institutions 11.65% · other public 4.95%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  6. RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2019-20
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.30%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  7. INCREASING THE BORROWING POWERS OF THE COMPANY FROM RS.8000 CRORE TO RS.10000 CRORE
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.23% · other public 4.77%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  8. CHARGING, MORTGAGING THE MOVABLE / IMMOVABLE PROPERTIES OF THE COMPANY FOR THE BORROWINGS UNDER SECTION 180 (1A) OF THE COMPANIES ACT, 2013
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.23% · other public 8.11%

    Turnout: all 88.15% · promoters 100.00% · institutions 92.64% · other public 0.13%

  9. APPOINTMENT OF MR.AMITABH MATHUR DIN 07275427 AS AN INDEPENDENT DIRECTOR
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.43%

    Turnout: all 80.79% · promoters 100.00% · institutions 59.94% · other public 0.13%

  10. APPOINTMENT OF MR.MYNENI NARAYANA RAO DIN 00577494 AS AN INDEPENDENT DIRECTOR
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.56%

    Turnout: all 80.79% · promoters 100.00% · institutions 59.94% · other public 0.13%

  11. APPOINTMENT OF MR.S.M.VAIDYA DIN 06995642 AS A DIRECTOR
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.64%

    Turnout: all 80.79% · promoters 100.00% · institutions 59.94% · 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.

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 26 Aug 2026, 7 fund houses so far (houses' deadline to file 15 Oct 2026)

  • TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY (STANDALONE AND CONSOLIDATED) FOR THE PERIOD FROM 1STAPRIL 2025 TO 31ST MARCH 2026, TOGETHER WITH THE DIRECTORS’ REPORT AND THE AUDITOR’S REPORTS THERETOMoreLess
    Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: Non-Compliant Audit Committee at time of approval of financials. Accounts not vetted by duly compliant audit committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
    • DSP Mutual FundWe have relied on the auditors’ report, which has raised emphasis of matter regarding the implementation of Cauvery Basin Refinery cum Petrochemical Complex and the related arrangements in funding the project. The auditor’s opinion is not modified in respect of this matter. The comments of the C&AG on the Annual Accounts of the Company for the year ended 31 March 2026 are yet to be received.The secretarial auditors have stated that the board is not in compliance with regulatory norms on board independence. Further, due to the absence of the requisite number of Independent Directors, the company has not been able to reconstitute the Audit Committee at the time of finalising and signing the accounts. While the auditor’s view on the financial statements is not modified, we believe that financial statements approved under such circumstances should not be supported until the governance framework is regularized and statutory compliance is ensured. Therefore, we do not support the resolution.
    • Edelweiss Mutual Fund, Navi Mutual FundUnqualified financial statements. Governance concern: Non-Compliant Audit Committee at time of approval of financials. Accounts not vetted by duly compliant audit committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
    • Jio BlackRock Mutual FundWe have relied on the auditors’ report, which has raised emphasis of matter regarding the implementation of Cauvery Basin Refinery cum Petrochemical Complex and the related arrangements in funding the project. The auditor’s opinion is not modified in respect of this matter. The comments of the C&AG on the Annual Accounts of the Company for the year ended 31 March 2026 are yet to be received. The secretarial auditors have stated that the board is not in compliance with regulatory norms on board independence. Further, due to the absence of the requisite number of Independent Directors, the company has not been able to reconstitute the Audit Committee at the time of finalising and signing the accounts. While the auditor’s view on the financial statements is not modified, we believe that financial statements approved under such circumstances should not be supported until the governance framework is regularized and statutory compliance is ensured. Therefore, we do not support the resolution.
    2 for5 against
  • TO DECLARE PREFERENCE DIVIDEND OF 6.65% (RS 0.665/- PER PREFERENCE SHARE) ON THE OUTSTANDING PREFERENCE SHARES UP TO THE DATE OF REDEMPTION I.E SEPTEMBER 23, 2025, AMOUNTING TO RS.15.94 CR. FOR THE YEAR 2025-26MoreLess
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Sufficient fund to pay Dividend. Governance concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
    4 for3 against
  • TO DECLARE FINAL EQUITY DIVIDEND OF RS. 54/- PER EQUITY SHARE FOR THE YEAR 2025-26
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Sufficient fund to pay Dividend. Governance concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
    4 for3 against
  • TO APPOINT A DIRECTOR IN PLACE OF MR. INDERJEET (DIN: 10385230), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT
    Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    • DSP Mutual Fund, Jio BlackRock Mutual FundInder Jeet, 51, is a Nominee Director, representing Ministry of Petroleum and Natural Gas, Government of India. He has been on the board since 7 November 2023. During FY26, he attended five of seven (71.4%) board meetings and eleven of sixteen (68.8%) board meetings over a three-year period. We expect directors to attend a minimum of 75% of the board meetings held in the last three years. Further, the board composition is not compliant with the regulations on independent director representation. The board comprises eleven directors of which only one is an Independent Director. Given that only 9.1% of the board comprises independent directors as against the regulatory threshold of 50%: The Ministry of Petroleum and Natural Gas must first address the board composition before appointing its nominees to the board. We do not support the resolution.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    2 for5 against
  • TO APPOINT A DIRECTOR IN PLACE OF MR. ROHIT KUMAR AGRAWALA (DIN: 10048961), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR RE-APPOINTMENT
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    4 for3 against
  • APPOINTMENT OF MR. S.G. Venkatesh (DIN: 08823140) AS A DIRECTOR (TECHNICAL)
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    4 for3 against
  • APPOINTMENT OF MR. V.C. ASOKAN (DIN: 11646048) AS A NOMINEE DIRECTOR
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/Woman Independent Director on the Board.
    4 for3 against
  • RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2026-27
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: The composition of Audit committee is non-compliant with applicable provisions of Companies Act, 2013 and SEBI LODR.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: The composition of Audit committee is non-compliant with applicable provisions of Companies Act, 2013 and SEBI LODR.
    4 for3 against

Mutual fund votes, meeting of 25 Aug 2025, 13 fund houses

  • ORDINARY - To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 1stApril 2024 to 31st March 2025, together with the Directors’ Report and the Auditor’s Reports thereto.MoreLess
    13 for0 against
  • ORDINARY - To declare dividend of Rs 0.665/- per Preference share for the year 2024-25
    13 for0 against
  • ORDINARY - To declare dividend of Rs. 5/- per Equity Share for the year 2024-25
    13 for0 against
  • ORDINARY - To appoint a Director in place of Mr. P Kannan (DIN: 10250173), who retires by rotation and is eligible for reappointment
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of independent directors, woman director or woman independent Director.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors, woman director or woman independent Director.
    7 for6 against
  • ORDINARY - Appointment of Mr. Arvinder Singh Sahney (DIN: 10652030) as a Nominee Director and to Designate him as Non-Executive Chairman
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of independent directors, woman director or woman independent Director. Delayed shareholders’ approval.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors, woman director or woman independent Director. Delayed shareholders’ approval.
    7 for6 against
  • ORDINARY - Appointment of Mr. H Shankar (DIN: 08845247) as a Managing Director
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of independent directors, woman director or woman independent Director.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors, woman director or woman independent Director.
    7 for6 against
  • ORDINARY - Appointment of Mr. M. Anna Durai (DIN: 10870538) as a Nominee Director
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of independent directors, woman director or woman independent Director. Delayed shareholders’ approval.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors, No woman director or woman independent Director. Delayed shareholders’ approval.
    7 for6 against
  • ORDINARY - Appointment of Mr. Deepak Srivastava (DIN: 09275923) as a Government Nominee Director
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of independent directors, woman director or woman independent Director. Delayed shareholders’ approval.
    • Axis Mutual FundDeepak Srivastava, 44, is Director, Ministry of Petroleum and Natural Gas (MoPNG), Government of India (GoI). He served on the board as Government nominee director from 10 August 2021 to 28 August 2024. He attended all five (100%) board meetings held during his tenure in FY25. The board composition is not compliant with regulations – it does not comprise an independent woman director and the requisite number of Independent Directors as prescribed under the SEBI Guidelines. We believe the government must first address the board independence before nominating a director on the board. We raise concern at the delay in seeking appointment: regulations require companies to seek shareholder approval within three months of appointment. We do not support the resolution.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors, No woman director or woman independent Director. Delayed shareholders’ approval.
    • Mirae Asset Mutual FundIn line with advisor recommendation (passive holding)
    • Nippon India Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors, No woman director or woman independent Director. Delayed shareholders’ approval.
    4 for9 against
  • SPECIAL - Re-Appointment of Dr.C.K. Shivanna (DIN 09398521) as an Independent Director
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Angel One Mutual FundNo cooling-off period of 3 years post cessation of previous directorships, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorships, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law.
    • Nippon India Mutual FundNon-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorships, no consecutive terms between the two appointments Governance concern: Delayed Shareholders’ approval, Term of appointment is ambiguous and against spirit of the law.
    6 for7 against
  • SPECIAL - Re-Appointment of Mr. Ravi Kumar Rungta (DIN 00993270) as an Independent Director
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Angel One Mutual FundNo cooling-off period of 3 years post cessation of previous directorships, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorships, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law.
    • Nippon India Mutual FundNon-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorships, no consecutive terms between the two appointments Governance concern: Delayed Shareholders’ approval, Term of appointment is ambiguous and against spirit of the law.
    6 for7 against
  • SPECIAL - Appointment of Mr. Manoj Kumar Pandey (DIN 11111277) as an Independent Director
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Angel One Mutual FundGovernance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous.
    • Axis Mutual FundManoj Kumar Pandey, 54, is a trader by occupation. He served as Nominee Director in Paschim Banga Gramin Bank, Ministry of Finance, Govt of India from 2008 to 2017. He holds a Bachelor’s Degree in Commerce from Calcutta University. Public sources indicate that he has political affiliations, which we believe may unnecessarily politicize the decisions of the company and distract the management from its core focus. The company should have disclosed his political affiliation as a part of his profile. We raise concern at the delay in seeking appointment: regulations require companies to seek shareholder approval within three months of appointment. We do not support the resolution.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of the proposed appointee. Governance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law.
    • Mirae Asset Mutual FundIn line with advisor recommendation (passive holding)
    • Nippon India Mutual FundGovernance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law.
    4 for9 against
  • ORDINARY - Ratification of Remuneration of Cost Auditor for the Year 2025 – 26
    13 for0 against
  • ORDINARY - Appointment of Secretarial Auditor for the Financial Year 2025-26 upto 2029-30
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Failure to highlight previous non compliance by the Secretarial Auditors in their Report or Compliance Report.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance Concern: Failure to highlight previous non-compliance by the Secretarial Auditors in their Report or Compliance Report.
    7 for6 against
  • ORDINARY - Approval for Material Related Party Transactions with Cauvery Basin Refinery and Petrochemicals Limited, a Joint Venture Company of CPCL, for the Year 2026-27
    13 for0 against
6 earlier meetings

Mutual fund votes, meeting of 7 Aug 2024, 11 fund houses

  • ORDINARY - TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY (STANDALONE AND CONSOLIDATED) FOR THE PERIOD FROM 1STAPRIL 2023 TO 31ST MARCH 2024, TOGETHER WITH THE DIRECTORS’ REPORT AND THE AUDITOR’S REPORT.MoreLess
    11 for0 against
  • ORDINARY - TO DECLARE DIVIDEND ON PREFERENCE SHARES FOR THE YEAR 2023-24.
    11 for0 against
  • ORDINARY - TO DECLARE DIVIDEND ON EQUITY SHARES FOR THE YEAR 2023-24.
    11 for0 against
  • ORDINARY - TO APPOINT A DIRECTOR IN PLACE OF MR. DEEPAK SRIVASTAVA (DIN: 09275923), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR REAPPOINTMENT.
    Against Axis Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Axis Mutual FundDeepak Srivastava, 43, is Director, Ministry of Petroleum and Natural Gas (MoPNG), Government of India (GoI). He has attended all six board meetings held in FY24. We do not support the resolution as the board composition is not compliant with regulations – it does not have an independent woman director and is not comprised of requisite number of Independent Directors as prescribed under the SEBI Guidelines. As a nominee of the GoI, Deepak Srivastava must shoulder the responsibility of the board composition that does not meet compliance requirements. Therefore, we do not support his reappointment.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundNo concern w.r.t. merit of the proposed appointees. Governance concern: Board non-compliant with the requisite number of Independent Directors & Woman Independent Director.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    5 for6 against
  • ORDINARY - TO APPOINT A DIRECTOR IN PLACE OF MR. ROHIT KUMAR AGRAWALA (DIN: 10048961), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR REAPPOINTMENT.
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundNo concern w.r.t. merits of the proposed appointee. Governance concern: Board is non-compliant with the requisite number of Independent Directors & Woman Independent Director.
    7 for4 against
  • ORDINARY - TO APPOINT A DIRECTOR IN PLACE OF MR. S.M.VAIDYA (DIN: 06995642), WHO RETIRES BY ROTATION AND IS ELIGIBLE FOR REAPPOINTMENT.
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Nippon India Mutual FundNo concern w.r.t. merit of the proposed appointees. Governance concern: Board non-compliant with the requisite number of Independent Directors & Woman Independent Director.
    • Motilal Oswal Mutual Fund" No concern w.r.t. merit of the proposed appointees. Governance concern: Board non-compliant with the requisite number of Independent Directors & Woman Independent Director."
    7 for4 against
  • ORDINARY - APPOINTMENT OF MR. INDER JEET (DIN: 10385230) AS A DIRECTOR.
    Against Axis Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Axis Mutual FundInder Jeet is Deputy Secretary, Ministry of Petroleum and Natural Gas, Government of India. He was appointed as an Additional Director from 7 November 2023. We do not support the resolution as the board composition is not compliant with regulations – it does not have an independent woman director and is not comprised of requisite number of Independent Directors as prescribed under the SEBI Guidelines. We believe the government must first address the regulatory violations of board composition before nominating a director on the board.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundNo concern identified with regarding profile, time commitments and merit of the proposed appointees. Governance concern: Board non-compliant with the requisite number of Independent Directors & Woman Independent Director. Delayed approval of shareholders.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    5 for6 against
  • ORDINARY - APPOINTMENT OF MR. SUBHAJIT SARKAR (DIN: 09706305) AS A DIRECTOR.
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual FundNo concern identified with regarding profile, time commitments and merit of the proposed appointees. Governance concern: Board non-compliant with the requisite number of Independent Directors & Woman Independent Director. Delayed approval of shareholders.
    7 for4 against
  • ORDINARY - APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS WITH CAUVERY BASIN REFINERY AND PETROCHEMICALS LIMITED, A JOINT VENTURE COMPANY OF CPCL, FOR THE YEAR 2025-26.
    11 for0 against
  • ORDINARY - RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2024 – 25.
    11 for0 against

Mutual fund votes, meeting of 22 Aug 2023, 4 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 01st April 2022 to 31st March 2023, together with the Directors’ Report and the Auditor’s Report.MoreLess
    3 for0 against
  • To declare dividend on Preference Shares for the year 2022-23.
    3 for0 against
  • To declare dividend on Equity Shares for the year 2022-23
    3 for0 against
  • To appoint a Director in place of Ms Sukla Mistry (DIN: 09309378), who retires by rotation and being eligible, offers herself for reappointment
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundBoard is non-compliant with requisite number of IDs
    2 for1 against
  • To appoint a Director in place of Mr H Shankar (DIN: 08845247), who retires by rotation and being eligible, offers himself for reappointment
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundBoard is non-compliant with requisite number of IDs
    2 for1 against
  • Appointment of Mr. Rohit Kumar Agrawala (DIN: 10048961) as a Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundBoard is non-compliant with requisite number of IDs, Delayed approval.
    2 for1 against
  • Appointment of Mr K Surendaran (DIN: 10091005) as an Independent Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual Fund"Delayed approval. "
    2 for1 against
  • Approval for Material Related Party Transactions with Cauvery Basin Refinery and Petrochemicals Limited, a Joint Venture Company of CPCL, for the year 2023-24 and 2024-25
    3 for0 against
  • Ratification of Remuneration of Cost Auditor for the year 2023-24
    3 for0 against
  • Appointment of Mr P Kannan (DIN: 10250173) as a Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundBoard is non-compliant with requisite number of IDs
    2 for1 against
10 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundK. Surendaran, 53, is a politician from Kasaragod, Kerala. He holds a bachelor’s degree in Science (Chemistry) from the University of Calicut. While his appointment meets statutory requirements, we believe his political affiliation may unnecessarily politicize the decisions of the company and distract the management from its core focus. We do not support the resolution.
    0 for1 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
  • 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

Mutual fund votes, meeting of 23 Aug 2022, 3 fund houses

  • To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 01st April 2021 to 31st March 2022, together with the Directors’ Report and the Auditor’s Report.MoreLess
    3 for0 against
  • To declare dividend on Cumulative Preference Shares for the year 2021-22 and previous years.
    3 for0 against
  • To declare dividend on Equity Shares for the year 2021-22.
    3 for0 against
  • To appoint a Director in place of Mr. S.M. Vaidya (DIN: 06995642), who retires by rotation and being eligible, offers himself for reappointment
    3 for0 against
  • To appoint a Director in place of Mr. Rajeev Ailawadi (DIN: 07826722), who retires by rotation and being eligible, offers himself for reappointment.
    3 for0 against
  • Appointment of Mr Arvind Kumar (DIN: 09224177) as a Director
    3 for0 against
  • Appointment of Ms. Sukla Mistry (DIN: 09309378) as a Director
    3 for0 against
  • Appointment of Dr.C.K.Shivanna (DIN: 09398521) as an Independent Director
    3 for0 against
  • Appointment of Mr. Ravi Kumar Rungta (DIN: 00993270) as an Independent Director
    3 for0 against
  • Ratification of remuneration of Cost Auditor for the year 2022-23
    3 for0 against

Mutual fund votes, meeting of 20 Aug 2021, 3 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Audited Financial Statement of the Company (Standalone and Consolidated) for the period from 01st April 2020 to 31st March 2021, together with the Directors’ Report and the Auditor’s Report.MoreLess
    3 for0 against
  • To appoint a Director in place of Mr S Krishnan (DIN: 08691391), who retires by rotation and being eligible, offers himself for reappointment.
    3 for0 against
  • Appointment of Mr H Shankar (DIN: 08845247) as a Director
    3 for0 against
  • Appointment of Mr Deepak Srivastava (DIN: 09275923) as a Director.
    2 for0 against
  • Ratification of Remuneration of Cost Auditor for the year 2021-22
    3 for0 against
  • Increasing the Borrowing Powers of the Company from Rs.10,000 Crores to Rs.11,500 Crores
    3 for0 against
  • Charging/ Mortgaging the Moveable/ Immoveable Properties of the Company for the Borrowings under Section 180 (1)(A) of the Companies Act, 2013
    3 for0 against
  • To participate and to invest in the Joint Venture Company proposed to be formed for implementing 9 MMTPA Cauvery Basin Refinery (CBR) Project.
    Against SBI Mutual Fund
    • SBI Mutual FundCompany's net debt has increased from Rs.4,482cr in FY18 to rs9,155cr in FY21. Average EBIDTA of past five year is rs1285cr. Net debt to EBIDTA is thus extremely high at 7x. Thus we feel it will be prudent to not undertake any further investment at this juncture.
    2 for1 against
1 proposal not matched to one resolution
  • To appoint Mr. Sukh Ram Meena (DIN 09011328) as a Director liable to retire by rotation
    1 for0 against

Mutual fund votes, meeting of 11 Sep 2020, 4 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY (STANDALONE & CONSOLIDATED) FOR THE PERIOD FROM 1ST APRIL, 2019 TO 31ST MARCH, 2020, TOGETHER WITH THE DIRECTORS' REPORT AND THE AUDITOR'S REPORTMoreLess
    3 for0 against

    1 abstained

  • TO APPOINT A DIRECTOR IN PLACE OF MR.RAJEEV AILAWADI (DIN: 07826722), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    3 for0 against

    1 abstained

  • TO APPOINT A DIRECTOR IN PLACE OF MR.S.M.VAIDYA DIN: 06995642, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    3 for0 against

    1 abstained

  • APPOINTMENT OF MR.S.KRISHNAN DIN: 08691391 AS A DIRECTOR
    3 for0 against

    1 abstained

  • APPOINTMENT OF MRS.SOBHA SURENDRAN DIN: 08599985 AS AN INDEPENDENT DIRECTOR
    Against SBI Mutual Fund
    • SBI Mutual FundThe company proposes to appoint Ms. Sobha Surendran, 46, as Independent Director for three years w. E. F. 31 October 2019. However, the company has not provided any details about her experience.
    2 for1 against

    1 abstained

  • APPOINTMENT OF MR.MANOJ SHARMA DIN: 08777977 AS A DIRECTOR
    3 for0 against

    1 abstained

  • RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2020-2021
    1 for0 against

    1 abstained

2 proposals not matched to one resolution
  • 7) Ratify remuneration of Rs. 0.25 mn to M/s. Vivekanandan Unni & Associates as Cost Auditors for FY21.
    1 for0 against
  • Ratify remuneration of Rs. 0.25 mn to Vivekanandan Unni & Associates as cost auditors for FY21
    1 for0 against

Mutual fund votes, meeting of 21 Aug 2019, 4 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENT (STANDALONE & CONSOLIDATED) OF THE COMPANY FOR THE PERIOD FROM 1ST APRIL, 2018 TO 31ST MARCH, 2019, TOGETHER WITH THE DIRECTORS REPORT AND THE AUDITORS REPORTMoreLess
    4 for0 against
  • TO APPOINT A DIRECTOR IN PLACE OF MR.G.ARAVINDAN DIN 07992886, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    4 for0 against
  • TO APPOINT A DIRECTOR IN PLACE OF MRS.PERIN DEVI DIN 7145051, WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HERSELF FOR REAPPOINTMENT
    4 for0 against
  • APPOINTMENT OF MR.R.SRIKANTHAN DIN 08198470 AS A DIRECTOR
    4 for0 against
  • APPOINTMENT OF MR.D.DURAIGANESAN DIN 08200628 AS AN INDEPENDENT DIRECTOR
    Against SBI Mutual Fund
    • SBI Mutual FundD. Duraiganesan, 58, was appointed as Additional Director of the company on 25 August 2018. The company proposes to appoint him as Independent Director for three years w. E. F. 25 August 2018. The company has not provided any details about his experience or qualifications. In the absence of any information shareholders cannot ascertain how he will contribute to the board.
    3 for1 against
  • RATIFICATION OF REMUNERATION OF COST AUDITOR FOR THE YEAR 2019-20
    2 for0 against
  • INCREASING THE BORROWING POWERS OF THE COMPANY FROM RS.8000 CRORE TO RS.10000 CRORE
    4 for0 against
  • CHARGING, MORTGAGING THE MOVABLE / IMMOVABLE PROPERTIES OF THE COMPANY FOR THE BORROWINGS UNDER SECTION 180 (1A) OF THE COMPANIES ACT, 2013
    4 for0 against
  • APPOINTMENT OF MR.AMITABH MATHUR DIN 07275427 AS AN INDEPENDENT DIRECTOR
    3 for0 against

    1 abstained

  • APPOINTMENT OF MR.MYNENI NARAYANA RAO DIN 00577494 AS AN INDEPENDENT DIRECTOR
    3 for0 against

    1 abstained

  • APPOINTMENT OF MR.S.M.VAIDYA DIN 06995642 AS A DIRECTOR
    3 for0 against

    1 abstained

2 proposals not matched to one resolution
  • 6) Ratify remuneration of Rs. 0.25 mn to M/s. Vivekanandan Unni & Associates as Cost Auditors for FY20.
    1 for0 against
  • Ratify remuneration of Rs 0.25 mn to M/s. Vivekanandan Unni & Associates as cost auditors for FY20
    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 penaltyNational Stock Exchange of India LtdSince 25 Aug 2026

    Fine of Rs. 9,66,420/- imposed for non-compliance with the provision of Regulation 17(1) , 18(1)(b) and 19(1)(c) of the SEBI LODR for the composition of the Board including failure to appoint One Woman Independent Director on the Board of the Company and 2/3rd of the Audit Committee and Nomination & Remuneration Committee members are not independent directors from 01.04.2026 to 30.06.2026 during the quarter ended 30th June 2026

    Non-compliance with the provision of Regulation 17(1) , 18(1)(b) and 19(1)(c) of the SEBI LODR for the composition of the Board including failure to appoint One Woman Independent Director on the Board of the Company and 2/3rd of the Audit Committee and Nomination & Remuneration Committee members are not independent directors from 01.04.2026 to 30.06.2026 during the quarter ended 30th June 2026MoreLess
  • Fine or penaltyBSE LtdSince 25 Aug 2026

    Fine of Rs. 9,66,420/- imposed for non-compliance with the provision of Regulation 17(1) , 18(1)(b) and 19(1)(c) of the SEBI LODR for the composition of the Board including failure to appoint One Woman Independent Director on the Board of the Company and 2/3rd of the Audit Committee and Nomination & Remuneration Committee members are not independent directors from 01.04.2026 to 30.06.2026 during the quarter ended 30th June 2026

    Non-compliance with the provision of Regulation 17(1) , 18(1)(b) and 19(1)(c) of the SEBI LODR for the composition of the Board including failure to appoint One Woman Independent Director on the Board of the Company and 2/3rd of the Audit Committee and Nomination & Remuneration Committee members are not independent directors from 01.04.2026 to 30.06.2026 during the quarter ended 30th June 2026MoreLess
  • Tax disputeDeputy commissioner (Large tax payer Unit )-TamilnaduSince 16 Mar 2012
    Pending with Hon'ble High court of Madras
    At the filing before: The ongoing litigation for the period FY 2007-08 to 2017-18 is currently pending before the Hon'ble High Court of Madras. The matter pertains to the reversal of Input Tax Credit (ITC) availed on inputs used for the sale of Second Schedule goods, with the department interpreting such sales between oil companies as exempt under Section 19(12) of the TN VAT Act.MoreLess
  • Tax disputePrincipal Commissioner of GST & Central ExciseSince 24 Sep 2020
    Pending before Hon'ble CESTAT, SEZ, Chennai
    At the filing before: Dispute is Denial of CENVAT credit - ALKYLATE/REFORMAT

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 5 complaints open, quarter to Jun 2026.
The board is made up as the listing rules require
No
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.