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DCX Systems MD, chairman, board of directors and AGM

NSE: DCXINDIABSE: 543650Aerospace & DefenseSmall Cap

Last close ₹132.91down ₹6.30 (4.53%)BSE ₹133.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹139.21.

52-week range of traded prices to 23 Oct 2026
₹130.00Low, 23 Oct 2026₹235.00High, 23 Oct 2025
Market cap
₹1,480 Cr1,143rd largest listed
P/E
Lossover the last 12 months
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
−1.4%
ROCE
−2.9%
Debt to equity
0.00
Volume, NSE
5,21,98546.5% delivered

DCX Systems board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorH S Raghavendra Rao
  • Company Secretary and Compliance OfficerGurumurthy Hegde

6 directors3 independent3 executive

  • H S Raghavendra Rao · Chairperson and managing directorExecutive · joined Jan 2012 · reappointed Jun 2021 · 1 listed board · 2 committee seats
  • Gopinath VedaprakashExecutive · joined Sep 2025 · reappointed Sep 2025 · 1 listed board
  • Shiva Kumar RExecutive · joined Jan 2025 · reappointed Jan 2025 · 1 listed board
  • K ChandrasekaranIndependent · joined Jan 2022 · reappointed Jan 2022 · 53 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Nagabushan PrakashIndependent · joined Aug 2024 · reappointed Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Lathika S PaiIndependent · joined Feb 2022 · reappointed Feb 2022 · 53 months as independent · 2 listed boards · 2 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Diwakaraiah Neriga Jagannatheshwar, left 31 Aug 2025: Others
  • Neal Jeremy Castleman, left 9 Oct 2024: Others

Committees and meetings

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

  • Board

    • 24 Jun 20265 of 6 present2 independent · 19 days in between
    • 4 Jun 20266 of 6 present3 independent · 7 days in between
    • 27 May 20265 of 6 present2 independent · 15 days in between
    • 11 May 20266 of 6 present3 independent · 41 days in between
    2 earlier meetings
    • 30 Mar 20266 of 6 present3 independent · 45 days in between
    • 12 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair K Chandrasekaran

    H S Raghavendra Rao, Nagabushan Prakash

    • 24 Jun 20263 of 3 present2 independent · 27 days in between
    • 27 May 20263 of 3 present2 independent · 15 days in between
    • 11 May 20263 of 3 present2 independent · 41 days in between
    • 30 Mar 20263 of 3 present2 independent · 45 days in between
    1 earlier meeting
    • 12 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Nagabushan Prakash

    K Chandrasekaran, Lathika S Pai

    • 4 Jun 20263 of 3 present2 independent · 7 days in between

  • Stakeholders Relationship Committee

    Chair K Chandrasekaran

    H S Raghavendra Rao, Nagabushan Prakash

    • 27 May 20263 of 3 present2 independent · 103 days in between
    • 12 Feb 20263 of 3 present2 independent

  • Risk Management Committee

    Chair H S Raghavendra Rao

    K Chandrasekaran, Nagabushan Prakash

    • 12 Feb 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Lathika S Pai

    H S Raghavendra Rao, Nagabushan Prakash

    • 12 Feb 20263 of 3 present2 independent

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

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • NBS & CoPeer-review certificate valid to Aug 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.

DCX Systems 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.DCX Systems share news and announcements

Annual general meeting, 28 Sep 2026

1,61,496 shareholders on the register on 21 Sep 2026; present: 3 promoters and 65 others; votes counted by CS Shreyas Dwaraki / Shreyas Dwaraki.The company's voting result (opens in a new tab)

  1. To consider and adopt the Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 56.37% · promoters 100.00% · institutions 83.12% · other public 1.88%

  2. Appointment of Mr. Gopinath Vedaprakash (DIN: 11241863) as Director, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.65% · other public 0.51%

    Turnout: all 56.37% · promoters 100.00% · institutions 83.12% · other public 1.88%

  3. Ratification of remuneration payable to the Cost Auditors for the financial year ending March 31, 2027
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 56.37% · promoters 100.00% · institutions 83.12% · other public 1.88%

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

Postal ballot, 9 May 2026, 1 resolution

1,66,632 shareholders on the register on 3 Apr 2026; votes counted by CS Pramod S / Pramod S.The company's voting result (opens in a new tab)

  1. APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS WITH ELTX SYSTEMS PRIVATE LIMITED, RELATED PARTY OF THE COMPANY
    OrdinaryPromoters have an interest in it
    99.35% for0.65% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.57%

    Turnout: all 5.61% · promoters 0.00% · institutions 88.23% · other public 5.25%

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, 26 Sep 2025, 5 resolutions

1,65,055 shareholders on the register on 19 Sep 2025; present: 1 promoter and 77 others; votes counted by CS Shreyas Dwaraki / Shreyas Dwaraki.The company's voting result (opens in a new tab)

  1. To consider and adopt the Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    98.26% for1.74% against

    Against: promoters 0.00% · institutions 22.72% · other public 0.20%

    Turnout: all 57.32% · promoters 100.00% · institutions 85.03% · other public 1.85%

  2. Appointment of Mr. Ramegowda Shiva Kumar (DIN: 08678987) as an Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 57.32% · promoters 100.00% · institutions 85.03% · other public 1.85%

  3. Appointment of Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 57.32% · promoters 100.00% · institutions 85.03% · other public 1.85%

  4. Re-appointment of Dr. Raghavendra Rao Hosakote Shamarao (DIN:00379249) as the Chairman & Managing Director of the Company
    OrdinaryPromoters have an interest in it
    98.26% for1.74% against

    Against: promoters 0.00% · institutions 22.73% · other public 0.38%

    Turnout: all 57.32% · promoters 100.00% · institutions 85.03% · other public 1.85%

  5. Appointment of Mr. Gopinath Vedaprakash (DIN:11241863) as a Whole-Time Director of the Company and approval of payment of remuneration
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.67% · other public 0.25%

    Turnout: all 57.32% · promoters 100.00% · institutions 85.03% · other public 1.85%

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

Postal ballot, 15 Mar 2025, 1 resolution

1,45,138 shareholders on the register on 7 Feb 2025; votes counted by CS Pramod S / Pramod S.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MR. RAMEGOWDA SHIVA KUMAR (DIN:08678987) AS AN EXECUTIVE DIRECTOR OF THE COMPANY AND APPROVAL OF PAYMENT OF REMUNERATION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 61.74% · promoters 100.00% · institutions 90.86% · other public 1.69%

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, 26 Sep 2024, 4 resolutions

Present: 3 promoters and 60 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.30% · promoters 100.00% · institutions 77.73% · other public 7.15%

  2. Appointment of Mr. Neal Jeremy Castleman (DIN: 05159412) as a Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for re-appointment
    Special
    99.12% for0.88% against

    Against: promoters 0.00% · institutions 8.63% · other public 0.03%

    Turnout: all 66.30% · promoters 100.00% · institutions 77.73% · other public 7.15%

  3. Appointment of Mr. Diwakaraiah Neriga Jagannatheswar (DIN:00427317) as an Executive Director of the Company and approval of payment of remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 66.30% · promoters 100.00% · institutions 77.73% · other public 7.15%

  4. Appointment of Mr. Prakash Nagabushan (DIN:00998992) as an Independent Director of the Company
    Special
    99.12% for0.88% against

    Against: promoters 0.00% · institutions 8.63% · other public 0.03%

    Turnout: all 66.30% · promoters 100.00% · institutions 77.73% · other public 7.15%

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

Postal ballot, 3 May 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. ALTERATION IN THE OBJECTS OF THE INITIAL PUBLIC OFFER (IPO) FOR WHICH AMOUNT WAS RAISED
    Special
    100.00% for0.00% against

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

    Turnout: all 71.52% · promoters 100.00% · institutions 61.03% · other public 4.14%

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.

Extraordinary general meeting, 14 Dec 2023, 1 resolution

Present: 3 promoters and 61 others.The company's voting result (opens in a new tab)

  1. APPROVAL OF RAISING OF FUNDS IN ONE OR MORE TRANCHES, BYnISSUANCE OF EQUITY SHARES AND/OR OTHER ELIGIBLE SECURITIES
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.83% · other public 0.00%

    Turnout: all 76.66% · promoters 100.00% · institutions 47.18% · other public 6.04%

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 Sep 2023, 6 resolutions

Present: 2 promoters and 79 others.The company's voting result (opens in a new tab)

  1. To Consider and adopt the standalone and consolidated financial statements of the Company for the financial year ended March 31, 2023, together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.60% · promoters 100.00% · institutions 42.48% · other public 6.34%

  2. Appointment of Mr. Neal Jeremy Castleman (DIN: 05159412) as a Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 76.60% · promoters 100.00% · institutions 42.48% · other public 6.34%

  3. Appointment of Mr. Krishnabhagawan Srinivasa Ranga (DIN:02386255) as a Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 76.60% · promoters 100.00% · institutions 42.48% · other public 6.34%

  4. Appointment of Mr. Krishnabhagawan Srinivasa Ranga (DIN:02386255) as a Whole-Time Director of the Company and approval of payment of remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.60% · promoters 100.00% · institutions 42.48% · other public 6.34%

  5. Approval for continuation of Directorship of Mr. Neal Jeremy Castleman (DIN: 05159412), Non- Executive, Non-Independent Director of the Company after attaining the age of 75 years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 76.60% · promoters 100.00% · institutions 42.48% · other public 6.34%

  6. Approval for levy of charges for serving of any document to the members of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 76.60% · promoters 100.00% · institutions 42.48% · other public 6.34%

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 9 May 2026, 3 fund houses

  • APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS WITH ELTX SYSTEMS PRIVATE LIMITED, RELATED PARTY OF THE COMPANY
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundInadequate disclosures on the basis of arm's length pricing.
    2 for1 against

Mutual fund votes, meeting of 26 Sep 2025, 7 fund houses

  • To consider and adopt the Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the reports of the Board of Directors and Auditors thereonMoreLess
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundNon-disclosure of financial statements of Subsidiary Companies on Its website.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified financial statements. Compliant with Indian Accounting Standards. Non-Compliant with Companies Act, 2013 & SEBI LODR Regulations: Non-disclosure of financial statements of Subsidiary Companies for FY 2024-25 on Its website.
    3 for4 against
  • Appointment of Mr. Ramegowda Shiva Kumar (DIN: 08678987) as an Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    7 for0 against
  • Appointment of Secretarial Auditors of the Company
    7 for0 against
  • Re-appointment of Dr. Raghavendra Rao Hosakote Shamarao (DIN:00379249) as the Chairman & Managing Director of the Company
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Combined position as Chairman & Managing Director will lead to concentration of power. No absolute cap on variable pay.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits, profile of the proposed appointee. Governance concern: Combined position as Chairman & Managing Director will lead to concentration of power. No absolute cap on variable pay.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    2 for5 against
  • Appointment of Mr. Gopinath Vedaprakash (DIN:11241863) as a Whole-Time Director of the Company and approval of payment of remuneration
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    6 for1 against
5 earlier meetings

Mutual fund votes, meeting of 15 Mar 2025, 6 fund houses

  • APPOINTMENT OF MR. RAMEGOWDA SHIVA KUMAR (DIN:08678987) AS AN EXECUTIVE DIRECTOR OF THE COMPANY AND APPROVAL OF PAYMENT OF REMUNERATION
    6 for0 against

Mutual fund votes, meeting of 26 Sep 2024, 5 fund houses

  • To consider and adopt the Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the reports of the Board of Directors and Auditors thereonMoreLess
    5 for0 against
  • Appointment of Mr. Neal Jeremy Castleman (DIN: 05159412) as a Non-Executive, Non-Independent Director, 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 FundAlthough no concern is identified w.r.t the merit of proposed appointee. Non-Compliant with Regulation 17(1A) of SEBI LODR: Approval not sought via special resolution for NED above 75 years.
    3 for2 against
  • Appointment of Mr. Diwakaraiah Neriga Jagannatheswar (DIN:00427317) as an Executive Director of the Company and approval of payment of remuneration
    5 for0 against
  • Appointment of Mr. Prakash Nagabushan (DIN:00998992) as an Independent Director of the Company
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAlthough no concern is identified w.r.t the merit of proposed appointee. Non- Compliant w.r.t SEBI LODR: Approval for resolution of appointment of ID sought by way of Ordinary resolution, instead of special resolution.
    3 for2 against

Mutual fund votes, meeting of 3 May 2024, 4 fund houses

  • ALTERATION IN THE OBJECTS OF THE INITIAL PUBLIC OFFER (IPO) FOR WHICH AMOUNT WAS RAISED
    4 for0 against

Mutual fund votes, meeting of 14 Dec 2023, 3 fund houses

  • APPROVAL OF RAISING OF FUNDS IN ONE OR MORE TRANCHES, BYnISSUANCE OF EQUITY SHARES AND/OR OTHER ELIGIBLE SECURITIES
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: Significant dilution. No clarity regarding not opting for Rights Issue.
    1 for2 against

Mutual fund votes, meeting of 25 Sep 2023, 2 fund houses

  • To Consider and adopt the standalone and consolidated financial statements of the Company for the financial year ended March 31, 2023, together with the reports of the Board of Directors and Auditors thereon.MoreLess
    2 for0 against
  • Appointment of Mr. Neal Jeremy Castleman (DIN: 05159412) as a Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for re-appointment
    2 for0 against
  • Appointment of Mr. Krishnabhagawan Srinivasa Ranga (DIN:02386255) as a Director of the Company
    2 for0 against
  • Appointment of Mr. Krishnabhagawan Srinivasa Ranga (DIN:02386255) as a Whole-Time Director of the Company and approval of payment of remuneration
    2 for0 against
  • Approval for continuation of Directorship of Mr. Neal Jeremy Castleman (DIN: 05159412), Non- Executive, Non-Independent Director of the Company after attaining the age of 75 years
    2 for0 against
  • Approval for levy of charges for serving of any document to the members of the Company
    2 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 Jun 2026.

  • Fine or penaltyCommercial Taxes Department, Government of KarnatakaSince 16 Jun 2026

    The Department has demanded the following from the Company through the Order: 1. Tax amount of Rs. 80,24,149/- 2. Interest amount of Rs. 57,81,344/- 3. Penalty amount of Rs. 8,02,414/- 4. Total demand of Rs. 1,46,07,907/-

    Through the said Order, Deputy Commissioner of Commercial Taxes has observed excess ITC Claim by the Company for the Financial Year 2022-23.
  • Tax disputeIncome Tax DepartmentSince 23 Dec 2021
    Appeal filed to Income Tax Tribunal under the Income Tax Act, 1961
    At the filing before: Pending
  • Tax disputeIncome Tax DepartmentSince 24 Aug 2022
    Appeal filed to Income Tax Tribunal under the Income Tax Act, 1961
    At the filing before: Pending
  • Tax disputeGoods and Service Tax DepartmentSince 30 Aug 2024
    Appeal filed to Additional Commissioner of Central Tax (GST Department) under section 107 of the CGST Act, 2017
    At the filing before: Pending
  • Tax disputeGoods and Service Tax DepartmentSince 6 Jan 2025
    Application filed for Rectification of order
    At the filing before: Pending
  • Tax disputeGoods and Service Tax DepartmentSince 16 Jun 2026
    Filing an appeal is in process before the Commissioner (Appeals).
    At the filing before: Pending

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
Yes
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.

How money raised was used

Reported for the quarter to Jun 2026.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Public IssuesNov 2022, checked by CARE Ratings Limited400.00Repayment/Prepayment, in full or part of certain borrowings availed by the company110.00110.00No
Public IssuesNov 2022, checked by CARE Ratings Limited400.00Funding working capital requirements of the Company160.00160.00No
Public IssuesNov 2022, checked by CARE Ratings Limited400.00Investment in Wholly Owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses19.8019.80No
Public IssuesNov 2022, checked by CARE Ratings Limited400.00General Corporate Purposes (GCP)83.2367.23No
QIPJan 2024, checked by CARE Ratings Limited500.00Investment in Subsidiary, NIART Systems Ltd209.00209.00No
QIPJan 2024, checked by CARE Ratings Limited500.00Investment in joint ventures and/or subsidiaries200.000.00No
QIPJan 2024, checked by CARE Ratings Limited500.00General corporate purposes (GCP)77.650.72No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.