Dalmia Bharat Sugar and Industries logo

Dalmia Bharat Sugar and Industries CEO, MD, chairman, board of directors and AGM

NSE: DALMIASUGBSE: 500097Agricultural Food & other ProductsSmall Cap

Formerly Dalmia Cement (Bharat)
Last close ₹427.05down ₹10.55 (2.41%)BSE ₹425.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹437.60.

Market cap
₹3,457 Cr1,029th largest listed
P/E
Demergerin the last 12 months
P/B
1.1
Dividend yield
1.41%
ROE
Demergernew accounts awaited
ROCE
Demergernew accounts awaited
Debt to equity
0.54
Volume, NSE
1,83,87836.2% delivered

Dalmia Bharat Sugar and Industries 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

  • Managing directorGautam Dalmia
  • Chief executivePankaj Rastogi
  • ChairpersonRajeev Bakshi
  • Company Secretary and Compliance OfficerRachna Goria

7 directors3 independent2 executive2 non-executive

  • Gautam Dalmia · Managing directorExecutive · joined Jan 2007 · reappointed Jan 2022 · 3 listed boards · 2 committee seats
  • T. VenkatesanNon-executive · joined Nov 2007 · reappointed Nov 2007 · 1 listed board
  • Bharat Bhushan MehtaNon-executive · joined May 2011 · reappointed Oct 2024 · 1 listed board · 1 committee seat
  • Pankaj Rastogi · Chief executiveExecutive · joined May 2024 · reappointed May 2024 · 1 listed board · 2 committee seats
  • Rajeev Bakshi · ChairpersonIndependent · joined Feb 2021 · reappointed Feb 2026 · 67 months as independent · 3 listed boards · 3 as independent · 2 committee seats
  • Amita MisraIndependent · joined Aug 2019 · reappointed Jul 2024 · 84 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
  • Neeraj ChandraIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 2 listed boards · 2 as independent · 4 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.

Committees and meetings

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

  • Board

    • 7 Aug 20266 of 7 present3 independent · 23 days in between
    • 14 Jul 20267 of 7 present3 independent · 69 days in between
    • 5 May 20267 of 7 present3 independent

  • Audit Committee

    Chair Amita Misra

    Pankaj Rastogi, Neeraj Chandra

    • 7 Aug 20263 of 3 present2 independent · 23 days in between
    • 14 Jul 20263 of 3 present2 independent · 69 days in between
    • 5 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Amita Misra

    Rajeev Bakshi, Neeraj Chandra

    • 7 Aug 20263 of 3 present3 independent · 23 days in between
    • 14 Jul 20263 of 3 present3 independent · 69 days in between
    • 5 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Neeraj Chandra

    Gautam Dalmia, Bharat Bhushan Mehta, Pankaj Rastogi

    • 6 Aug 20263 of 4 present1 independent · 93 days in between
    • 4 May 20264 of 4 present1 independent

  • Risk Management Committee

    Chair Rajeev Bakshi

    T. Venkatesan, Bharat Bhushan Mehta, Pankaj Rastogi

    • 6 Aug 20264 of 4 present1 independent · 181 days in between
    • 5 Feb 20264 of 4 present1 independent

  • Corporate Social Responsibility Committee

    Chair Amita Misra

    Gautam Dalmia, Bharat Bhushan Mehta, Pankaj Rastogi

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • NSBP & Co.Peer-review certificate valid to Apr 2027

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.

Dalmia Bharat Sugar and Industries 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.Dalmia Bharat Sugar and Industries dividend history

Annual general meeting, 10 Jul 2026

47,156 shareholders on the register on 3 Jul 2026; present: 7 promoters and 111 others; votes counted by Vikas Gera / Vikas Gera & Associates.The company's voting result (opens in a new tab)

  1. To adopt the audited Financial Statements of the Company, prepared on Standalone and Consolidated basis, for the financial year ended 31st March, 2026 and the Reports of the Auditors and Directors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.03% · promoters 100.00% · institutions 10.04% · other public 31.21%

  2. To consider and declare final dividend of Rs. 1.50 (75%) per equity share of Rs. 2/- for the financial year 2025-26.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.04% · promoters 100.00% · institutions 10.40% · other public 31.21%

  3. To appoint a Director in place of ShriGautam Dalmia (DIN 00009758), who retires by rotation and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 9.18% · other public 0.00%

    Turnout: all 82.04% · promoters 100.00% · institutions 10.40% · other public 31.21%

  4. To appoint a Director in place of ShriPankaj Rastogi (DIN 10452835), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 82.04% · promoters 100.00% · institutions 10.40% · other public 31.21%

  5. To ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2026-27.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.04% · promoters 100.00% · institutions 10.40% · other public 31.21%

  6. To re-appoint Shri Gautam Dalmia as the Managing Director of the Company.
    SpecialPromoters have an interest in it
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 88.59% · other public 0.00%

    Turnout: all 82.04% · promoters 100.00% · institutions 10.40% · other public 31.21%

  7. To consider and approve the alteration of Objects Clause of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 82.04% · promoters 100.00% · institutions 10.40% · other public 31.21%

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 Jul 2025, 7 resolutions

44,655 shareholders on the register on 30 Jun 2025; present: 11 promoters and 128 others; votes counted by Vikas Gera / Vikas Gera & Associates.The company's voting result (opens in a new tab)

  1. To adopt the audited Financial Statements of the Company for the Financial year ended 31st March, 2025and the Reports of the Auditors and Directors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.49% · promoters 100.00% · institutions 39.41% · other public 29.76%

  2. To declare the final dividend of Rs.1.50 per equity share having Face value of Rs.2/- for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.50% · promoters 100.00% · institutions 40.49% · other public 29.76%

  3. To appoint a Director in place of Shri Bharat Bhushan Mehta (DIN 00006890), who retires by rotation and being eligible offers himself for re- appointment.
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 19.74% · other public 0.01%

    Turnout: all 82.50% · promoters 100.00% · institutions 40.49% · other public 29.76%

  4. To appoint a Director in place of Shri Thyagarajan Venkatesan (DIN 00124060), who retires by rotation and being eligible offers himself for re- appointment.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 16.93% · other public 0.01%

    Turnout: all 82.50% · promoters 100.00% · institutions 40.49% · other public 29.76%

  5. To ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 82.50% · promoters 100.00% · institutions 40.49% · other public 29.76%

  6. To re-appoint Shri Rajeev Bakshi (DIN: 00044621) as an Independent Director of the Company.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 3.60% · other public 0.01%

    Turnout: all 82.50% · promoters 100.00% · institutions 40.49% · other public 29.76%

  7. To appoint Vikas Gera & Associates as the Secretarial Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 82.49% · promoters 100.00% · institutions 39.71% · other public 29.76%

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.

Meeting called by the tribunal, 8 Feb 2025, 1 resolution

47,408 shareholders on the register on 31 Jan 2025; present: 15 promoters and 96 others; votes counted by Mr. Adith Narayan V / ANV Chambers.The company's voting result (opens in a new tab)

  1. To consider and approve Scheme of Arrangement between Dalmia Bharata Sugar and Industries Limited and Dalmia Bharat Refractories Limited and their respective shareholders under section 230-232 of the Companies Act, 2013 pursuant to NCLT order dated December 20, 2024.MoreLess
    Special
    99.26% for0.74% against

    Against: promoters 0.00% · institutions 94.48% · other public 0.00%

    Turnout: all 82.45% · promoters 100.00% · institutions 77.62% · other public 28.42%

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, 10 Jul 2024, 9 resolutions

Present: 7 promoters and 91 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited Financial Statements of the Company for the financial year ended 31st March, 2024 prepared on Standalone and Consolidated basis and the Reports of the Auditors and Directors thereon.MoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 4.72% · other public 0.01%

    Turnout: all 76.06% · promoters 100.00% · institutions 80.58% · other public 31.90%

  2. To consider and declare final dividend of Rs. 1.25/- (62.5%) per equity share of Rs. 2/- for the financial year 2023-24.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  3. To consider and appoint a Director in place of Shri Gautam Dalmia (DIN 00009758), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.47% for0.53% against

    Against: promoters 0.00% · institutions 45.95% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  4. To consider and ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  5. To consider and appoint Shri. Neeraj Chandra as an Independent Director.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 2.81% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  6. To consider and re-appointment of Mrs. Amita Misra (DIN: 07942122) as an Independent Director of the Company.
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 7.38% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  7. To consider and appoint of Mr. Bharat Bhushan Mehta as a Strategic Advisor to the Company.
    Ordinary
    98.84% for1.16% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  8. To consider and appoint of Mr. Pankaj Rastogi (DIN: 10452835) as a Director of the Company liable to retire by rotation.
    Ordinary
    98.97% for1.03% against

    Against: promoters 0.00% · institutions 88.87% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

  9. To consider and appoint of Mr. Pankaj Rastogi as the Whole-time Director and CEO.
    Special
    98.90% for1.10% against

    Against: promoters 0.00% · institutions 95.43% · other public 0.01%

    Turnout: all 76.09% · promoters 100.00% · institutions 83.24% · other public 31.90%

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, 6 resolutions

Present: 13 promoters and 76 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023, and the Reports of the Auditors and Directorsnthereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.54% · promoters 100.00% · institutions 53.81% · other public 64.93%

  2. To consider and declare final dividend of Rs. 1/- (50%) per equity share of Rs. 2/- for the financial year 2022-23.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.56% · promoters 100.00% · institutions 55.83% · other public 64.93%

  3. To consider and appoint a Director in place of Shri T. Venkatesan (DIN 00124050), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 3.87% · other public 0.00%

    Turnout: all 75.56% · promoters 100.00% · institutions 55.83% · other public 64.93%

  4. To consider and approve the remuneration of M/s. NSBP & Co., Chartered Accountants, the statutory auditors of the Company for the financial year 2023-24n
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.56% · promoters 100.00% · institutions 55.83% · other public 64.93%

  5. To consider and ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2023-24.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.56% · promoters 100.00% · institutions 55.83% · other public 64.93%

  6. To consider and approve remuneration payable to NonExecutive Directors.
    Ordinary
    99.35% for0.65% against

    Against: promoters 0.00% · institutions 81.78% · other public 0.00%

    Turnout: all 75.56% · promoters 100.00% · institutions 55.83% · other public 64.93%

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, 4 Aug 2022, 6 resolutions

Present: 10 promoters and 69 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the (a) audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 and the Report(s) of the Auditors and the Directors’ thereon; and (b) audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 and the Report of the Auditors’ thereon:MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 76.01% · promoters 100.00% · institutions 53.95% · other public 1.57%

  2. To consider and declare final dividend of Rs.1/- per equity share of Rs.2/- for the financial year 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.06% · promoters 100.00% · institutions 57.71% · other public 1.57%

  3. to appoint a director in place of Shri Bharat Bhushan Mehta (DIN: 00006890), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 25.93% · other public 1.45%

    Turnout: all 76.06% · promoters 100.00% · institutions 57.71% · other public 1.57%

  4. To consider and approve the re-appointment of M/s NSBP & Co., Chartered Accountants, the Statutory Auditors of the Company and to fix their remuneration.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 76.06% · promoters 100.00% · institutions 57.71% · other public 1.57%

  5. To consider and ratify the remuneration of M/s R.J Goel & Co., Cost Accountants, the Cost Auditors of the company for the financial year 2022-23.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 76.06% · promoters 100.00% · institutions 57.71% · other public 1.57%

  6. To consider and approve payment of remuneration to Mr. Rajeev Bakshi, Chairman (Non-Executive & Independent Director), for the Financial year 2021-22, which may exceed fifty percent of the total remuneration payable to all the Non- Executive Directors of the company.MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.76%

    Turnout: all 76.06% · promoters 100.00% · institutions 57.71% · other public 1.57%

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.

Meeting called by the tribunal, 10 Nov 2021, 1 resolution

Present: 15 promoters and 60 others.The company's voting result (opens in a new tab)

  1. The Scheme of Amalgamation between Himshikhar Investment Limited and Dalmia Bharat Sugar and Industries Limited and their respective shareholders and creditors be and is hereby approved.
    Special
    100.00% for0.00% against

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

    Turnout: all 76.10% · promoters 100.00% · institutions 40.89% · other public 2.98%

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 Sep 2021, 11 resolutions

Present: 18 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the (a) audited Standalone Financial Statements of the Company for the financial year ended March 31, 2021, and the Reports of the Auditors and Directors thereon and (b) audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2021 and the Report of the Auditors’ thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.14% · promoters 100.00% · institutions 30.05% · other public 3.68%

  2. To consider and declare a dividend of Rs.3/- (150) per equity share of Rs. 2/- for the financial year 2020-21.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  3. To consider and appoint a Director in place of Shri Gautam Dalmia (DIN 00009758), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 23.63% · other public 0.00%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  4. To consider and approve the remuneration of M/s. NSBP Co., Chartered Accountants, the statutory auditors of the Company for the financial year 2021-22.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  5. To consider and ratify the remuneration of M/s R. J. Goel Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2021-22.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  6. To consider and appoint Mr. Rajeev Bakshi as an Independent Director for a term of five years starting February 5, 2021.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  7. To consider and re-appoint Shri Gautam Dalmia as the Managing Director of the Company for a term of five years starting January 16, 2022.
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 62.27% · other public 0.02%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  8. To consider and re-appoint Shri Bharat Bhushan Mehta as the Whole Time Director and Chief Executive Officer of the Company for a term of five years starting April 01, 2022.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 2.39% · other public 0.02%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  9. To consider and re-appoint Shri Raghu Hari Dalmia as an Advisor to the Company for term of three years starting May 01, 2022.
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 62.27% · other public 0.02%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

  10. To consider and approve the alteration in objects clause of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.67%

  11. To consider and approve the alteration in the Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 76.17% · promoters 100.00% · institutions 32.73% · other public 3.68%

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.

Mutual fund votes, meeting of 7 Jul 2025, 1 fund house

  • To adopt the audited Financial Statements of the Company for the Financial year ended 31st March, 2025and the Reports of the Auditors and Directors thereon.
    1 for0 against
  • To declare the final dividend of Rs.1.50 per equity share having Face value of Rs.2/- for the financial year 2024-25.
    1 for0 against
  • To appoint a Director in place of Shri Bharat Bhushan Mehta (DIN 00006890), who retires by rotation and being eligible offers himself for re- appointment.
    1 for0 against
  • To appoint a Director in place of Shri Thyagarajan Venkatesan (DIN 00124060), who retires by rotation and being eligible offers himself for re- appointment.
    1 for0 against
  • To ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2025-26.
    1 for0 against
  • To re-appoint Shri Rajeev Bakshi (DIN: 00044621) as an Independent Director of the Company.
    1 for0 against
  • To appoint Vikas Gera & Associates as the Secretarial Auditor of the Company.
    1 for0 against

Mutual fund votes, meeting of 10 Jul 2024, 2 fund houses

  • To consider and adopt the audited Financial Statements of the Company for the financial year ended 31st March, 2024 prepared on Standalone and Consolidated basis and the Reports of the Auditors and Directors thereon.MoreLess
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 & SEBI LODR Regulations: The Company has not disclosed financials of subsidiary for FY 2023-24 on its website.
    0 for2 against
  • To consider and declare final dividend of Rs. 1.25/- (62.5%) per equity share of Rs. 2/- for the financial year 2023-24.
    2 for0 against
  • To consider and appoint a Director in place of Shri Gautam Dalmia (DIN 00009758), who retires by rotation and being eligible offers himself for re-appointment.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: Holds 2 full-time positions.
    0 for2 against
  • To consider and ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2024-25.
    2 for0 against
  • To consider and appoint Shri. Neeraj Chandra as an Independent Director.
    2 for0 against
  • To consider and re-appointment of Mrs. Amita Misra (DIN: 07942122) as an Independent Director of the Company.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundTransparency concern: Lack of clarity regarding the term of re-appointment. Governance concern: Chairman of AC and NRC is same individual.
    0 for2 against
  • To consider and appoint of Mr. Bharat Bhushan Mehta as a Strategic Advisor to the Company.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Excessive remuneration. Inadequate justification. Board discretion.
    0 for2 against
  • To consider and appoint of Mr. Pankaj Rastogi (DIN: 10452835) as a Director of the Company liable to retire by rotation.
    2 for0 against
  • To consider and appoint of Mr. Pankaj Rastogi as the Whole-time Director and CEO.
    2 for0 against
1 earlier meeting

Mutual fund votes, meeting of 11 Aug 2023, 1 fund house

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

  • To consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023, and the Reports of the Auditors and Directorsnthereon.
    1 for0 against
  • To consider and declare final dividend of Rs. 1/- (50%) per equity share of Rs. 2/- for the financial year 2022-23.
    1 for0 against
  • To consider and appoint a Director in place of Shri T. Venkatesan (DIN 00124050), who retires by rotation and being eligible offers himself for re-appointment.
    1 for0 against
  • To consider and approve the remuneration of M/s. NSBP & Co., Chartered Accountants, the statutory auditors of the Company for the financial year 2023-24n
    1 for0 against
  • To consider and ratify the remuneration of M/s R. J. Goel & Co., Cost Accountants, the Cost Auditors of the Company for the financial year 2023-24.
    1 for0 against
1 proposal not matched to one resolution
  • Payment of compensation to Non-Executive Directors including Independent Directors of the Company upto one percent of the net profits of the Company (in addition to sitting fee) in aggregate, in each financial year 2022-23.MoreLess
    1 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 Sep 2026.

  • Fine or penaltyAdditional District Magistrate (City ) AgraSince 26 Aug 2026

    Penalty imposed on company under the Sec 51 of Food Safety And Standard Act 2006

    Violation of Regulation 2.2.2(8.9)FOOD SAFETY AND STANDARDS (PACKAGING AND LABELLING) REGULATIONS, 2011 & Penalty imposed U/S 51 of the Food Safety And Standard Act 2006 Facts :-On 23.02.2021, the Food Inspector, Agra collected sugar sample from Sitaram Petha Store, Agra. Food Analyst, Lucknow reported that the declarations of Batch No. and Packing Date were missing. The Food Safety Officer accordingly filed a complaint against the Company on 08-08-2022 before the ADM (City) Agra. The Company however did not receive any notice from the Court and the case got decided ex-party against the Company on 26-06-2026 . The Court imposed a penalty Rs.50000/- on the Company, shopkeeper and his business firm. The Company received a recovery notice for the said amount on 26.08.2026, and in order to close the matter, without going into the merit & contest the case , the Company deposited the said amount.MoreLess

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

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

None open at any 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.