Dilip Buildcon CEO, MD, chairman, board of directors and AGM

Mutual fund votes, meeting of 22 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

• a. Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Board of Directors and Auditors thereon b. Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereonMoreLess

  1 for0 against
• Approval of the final dividend of Re. 1/- per equity share of Rs. 10/- each for the financial year ended March 31, 2026

  1 for0 against
• Re-appointment of Mr. Devendra Jain (DIN: 02374610) liable to retire by rotation, as a Director of the Company

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundGovernance Concern: The remuneration paid to promoter Executive Director appears to be excessive and no adequate justification has been provided for payment of such excessive remuneration.

  0 for1 against
• Ratification of the remuneration of M/s Yogesh Chourasia & Associates, as a cost auditor of the Company for FY 2026-27

  1 for0 against
• Approval of the increase in remuneration of Ms. Tarishi Jain, Financial Analyst, holding an office or place of profit in the Company

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundGovernance and Transparency Concern: The Company has not disclosed the basis of arriving at remuneration,hence, fairness of the proposed remuneration cannot be ascertained.

  0 for1 against
• Approval of the material related Party transactions with DBL Neemuch Renewable Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundCompliance concern identified for inadequate disclosure of justification for entering into the proposed transactions, basis of determination of price of certain transactions, which is mandatory under ISF Related Party transaction Industry Standards. Further, governance and transparency concern identified as the Company is seeking blanket approval without adequate disclosure on purpose of incorporating the entities, nature of transactions, justification for proposed transactions, pricing terms and other disclosures mandated by ISF Related Party transaction Standards. Moreover, the Company has indicated that shareholding structure of related parties (presently, 100% subsidiaries) may change. However, the Company has not clarified the future extent of its shareholding or whether new investors will proportionately contribute to financial support.

  0 for1 against
• Approval of the material related Party transactions with DBL Shajapur Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundCompliance concern identified for inadequate disclosure of justification for entering into the proposed transactions, basis of determination of price of certain transactions, which is mandatory under ISF Related Party transaction Industry Standards. Further, governance and transparency concern identified as the Company is seeking blanket approval without adequate disclosure on purpose of incorporating the entities, nature of transactions, justification for proposed transactions, pricing terms and other disclosures mandated by ISF Related Party transaction Standards. Moreover, the Company has indicated that shareholding structure of related parties (presently, 100% subsidiaries) may change. However, the Company has not clarified the future extent of its shareholding or whether new investors will proportionately contribute to financial support.

  0 for1 against
• Approval of the material related Party transactions with Mekhali Power Transmission Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundCompliance concern identified for inadequate disclosure of basis of determination of price of certain transactions, which is mandatory under ISF Related Party transaction Industry Standards mandated by SEBI. Further, governance and transparency concern identified as the Company is seeking blanket approval without adequate disclosure on nature of transactions, pricing terms and other disclosures mandated by ISF Related Party transaction Standards. Moreover, the Company has indicated that the shareholding structure of related party (presently,100% subsidiary) may change in the future. However, the Company has not clarified the future extent of its shareholding or whether new investors will proportionately contribute to financial support.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Bhopal Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Dhar Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Guna Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Mandsaur Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transaction, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding basis of determination of pricing, which is mandatory per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on nature of operations & business of the related parties, nature of transactions and, No clarity on future status of subsidiary i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Mandvi Ratlam Renewable Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Rajgarh Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Sukheda Ratlam Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the enhancement of the existing Material Related Party Transaction limits with DBL Vidisha Solar Limited

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundConcerns identified at the time of original approval of material Related Party Transactions, through PB in May 2026, have not been addressed by the Company.Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Blanket approval sought, without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; Inadequate justification for proposed enhancement of Related Party Transaction limits.

  0 for1 against
• Approval of the issuance of Non-Convertible Debentures on private placement basis up to Rs. 1000.00 Cr

  1 for0 against
• Approval of the issuance of Commercial Paper on private placement basis up to Rs. 1000.00 Cr

  1 for0 against
• Approval of the continuation of holding the office of Chairman and Managing Director of the Company by Mr. Dilip Suryavanshi

  ›Against Angel One Mutual Fund

  • Angel One Mutual FundGovernance Concern: The remuneration paid to promoter Executive Director appears to be excessive and no adequate justification has been provided for payment of such excessive remuneration. The proposed director holds combined position of Chairman and Managing Director, which may lead to concentration of powers in the hands of single individual, particularly in the context of decisions pertaining to Executive Remuneration.

  0 for1 against

Mutual fund votes, meeting of 1 May 2026, 6 fund houses

• To Consider and approve Material Related Party Transactions with KARIMNAGAR-WARANGAL HIGHWAYS LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and the basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transactions Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on nature of transactions and justification for proposed transactions; No clarity on whether other shareholders are contributing in a proportionate manner to their shareholding; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company and the related party, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions despite the identified gap between project value and financial strength; Significant Shift between quantum of previous year RPTs and proposed limit, however, no specific justification for the same; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and the basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on nature of transactions and justification for proposed transactions; No clarity on whether other shareholders are contributing in a proportionate manner to their shareholding; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company and the related party, hence the Company should explain as to how the parties plan to sustain the proposed RPTs despite the identified gap between project value and financial strength; Significant Shift between quantum of previous year RPTs and proposed limit, however, no specific justification for the same; Inadequate disclosures.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  1 for5 against
• To Consider and approve Material Related Party Transactions with DBL BHOPAL SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL DHAR SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL GUNA SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL MANDSAUR SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL Mandvi Ratlam Renewable Limited under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  1 for5 against
• To Consider and approve Material Related Party Transactions with DBL RAJGARH SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL SUKHEDA RATLAM SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL VIDISHA SOLAR LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL POWER TRANSMISSION PROJECTS PRIVATE LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL RENEWABLE PRIVATE LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e.extent of the Company’s shareholding in related parties; The proposed Related Party Transaction limits appear to be significant with regards to the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed Related Party Transactions; Inadequate disclosures.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding Justification as to why the proposed transaction is in the interest of the Company and basis of determination of pricing; the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: The Company has sought blanket approval without adequate disclosure on purpose of incorporating the entities, nature of operations & business of the related parties, nature of transactions and justification for proposed transactions; No clarity on future status of subsidiaries i.e. extent of the Company’s shareholding in related parties; The proposed RPT limits appear to be significant w.r.t. the financial standing of the Company, hence the Company should explain as to how the parties plan to sustain the proposed RPTs; Inadequate disclosures.
  • Motilal Oswal Mutual FundDisclosures not in terms of ISF Industry Standards; Blanket approval; Inadequate disclosures

  2 for4 against
• To Consider and approve Material Related Party Transactions with DBL ERCP BANDH BARETHA PRIVATE LIMITED under Regulation 23 of SEBI (LODR) Regulation, 2015

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosure regarding basis of determination of pricing; the Company has not disclosed required information as per the Related Party Transaction Industry Standards mandated by SEBI. Governance & transparency concern: Inadequate rationale for revision in Related Party Transaction limit and entering into new transactions with the related party and no clarity as to what changed since last shareholders’ approval taken in January 2026; Inadequate disclosure on nature of transactions proposed to be entered.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with RPT Industry Standards: Inadequate disclosure regarding basis of determination of pricing; the Company has not disclosed required information as per the RPT Industry Standards mandated by SEBI. Governance & transparency concern: Inadequate rationale for revision in RPT limit and entering into new transactions with the related party and no clarity as to what changed since last shareholders’ approval taken in January 2026; Inadequate disclosure on nature of transactions proposed to be entered
  • Motilal Oswal Mutual FundBasis for determining the pricing inadequately disclosed; Inadequate rationale for revised limit; Inadequate disclosure on nature of transactions.

  2 for4 against
• To consider and approve the limit of Rs. 3785.50 Crores under Section 185 of Companies Act, 2013 for providing any loans for the Financial Year 2026-27

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund

  • Angel One Mutual FundInadequate disclosures with regards to the particulars mandated u/s 185 of the Companies Act, 2013. Governance Concern: Enabling Approval with inadequate disclosures; material terms and conditions loans to be granted are not disclosed.
  • Bandhan Mutual Fund, Groww Mutual FundNon-Compliant with Section 185 of the Companies Act: Inadequate disclosures w.r.t. the particulars mandated u/s 185 of the Companies Act, 2013. Governance Concern: Enabling Approval with inadequate disclosures; material terms and conditions loans to be granted are not disclosed.
  • HDFC Mutual FundThere is no clarity on how the terms of such financial assistance will be benchmarked. Further, it may be extended to promoter-group entities as well as to other unidentified entities in which directors may have an interest. We do not support the resolution.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Motilal Oswal Mutual FundInadequate disclosures as per u/s 185 of the Companies Act, 2013.

  0 for6 against

• Unlisted stake boughtMEKHALI POWER TRANSMISSION LIMITEDSince 30 May 2026

  100.00% bought in the quarter; holding 100.00%, from 0.00%

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

No

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.