Dodla Dairy MD, chairman, board of directors and AGM
NSE: DODLABSE: 543306Food ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹974.50.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹5,860 Cr693rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 25 Jul 2026
- 23.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 16 May 2026
- 3.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.51%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 25 Jul 2026
- 15.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 25 Jul 2026
- 11.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 16 May 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,21,78131.2% delivered
Dodla Dairy 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
- ChairpersonDodla Sesha ReddyRelated to the promoter
- Company Secretary and Compliance OfficerSurya Prakash M
8 directors4 independent2 executive2 non-executive
- Dodla Sesha Reddy · ChairpersonNon-executive · joined May 1995 · reappointed May 1995 · 1 listed board
- Dodla Sunil ReddyExecutive · joined May 1995 · reappointed Apr 2026 · 1 listed board · 2 committee seats
- Ambavaram Madhusudhana ReddyExecutive · joined May 2018 · reappointed May 2023 · 1 listed board
- Akshay TannaNon-executive · joined Jul 2017 · reappointed May 2023 · 2 listed boards · 3 committee seats
- Raja RathinamIndependent · joined Feb 2021 · reappointed Feb 2026 · 68 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Rampraveen SwaminathanIndependent · joined Jul 2018 · reappointed Jul 2023 · 98 months as independent · 2 listed boards · 1 as independent · 1 committee seat
- Raman Tallam PuranamIndependent · joined Jul 2018 · reappointed Jul 2023 · 98 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Vinoda KailasIndependent · joined Jan 2022 · reappointed Jan 2022 · 56 months as independent · 1 listed board · 1 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Jul 20268 of 8 present4 independent · 69 days in between
- 16 May 20267 of 8 present3 independent · 21 days in between
- 24 Apr 20267 of 8 present4 independent
Audit Committee
Chair Raman Tallam Puranam
Raja Rathinam, Rampraveen Swaminathan, Dodla Sunil Reddy
- 25 Jul 20264 of 4 present3 independent
- 16 May 20264 of 4 present3 independent · 21 days in between
- 24 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Rampraveen Swaminathan
Raman Tallam Puranam, Dodla Sesha Reddy
- 24 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Raman Tallam Puranam
Dodla Sunil Reddy, Akshay Tanna
No meeting listed in the filing.
Risk Management Committee
Chair Raja Rathinam
Akshay Tanna, Ambavaram Madhusudhana Reddy
- 25 Jul 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Dodla Sesha Reddy
Akshay Tanna, Vinoda Kailas
- 16 May 20262 of 3 present1 independent · 21 days in between
- 24 Apr 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S.R.Batliboi & Associates LLPPeer-review certificate valid to Jul 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.
Dodla Dairy 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.Dodla Dairy dividend history
Annual general meeting, 14 Jul 2026
33,376 shareholders on the register on 7 Jul 2026; present: 7 promoters and 78 others; votes counted by Sridevi Madati / MNM & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended 31 March 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended 31 March 2026 and the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 90.63% · promoters 100.00% · institutions 95.94% · other public 11.52%
- To declare a final dividend on equity shares for the financial year ended 31 March 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 90.63% · promoters 100.00% · institutions 95.94% · other public 11.52%
- To appoint a director in place of Mr. Akshay Tanna (DIN: 02967021) who retires by rotation and being eligible offers himself for re-appointmentOrdinary77.24% for22.76% against
Against: promoters 0.00% · institutions 67.52% · other public 0.08%
Turnout: all 90.46% · promoters 100.00% · institutions 95.41% · other public 11.52%
- To ratify the remuneration of the Cost Auditors for the financial year ending 31 March 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 90.63% · promoters 100.00% · institutions 95.94% · other public 11.52%
- To approve the re-appointment of Ms. Vinoda Kailas (DIN:09104308) as an Independent Woman Director of the companySpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.10% · other public 0.08%
Turnout: all 90.63% · promoters 100.00% · institutions 95.94% · other public 11.52%
- To Pay Consultancy Fees/ Remuneration to Mr. Sesha Reddy Dodla (DIN: 00520448), Non-executive Director in excess of payment made to all other Non-executive DirectorsSpecial99.14% for0.86% against
Against: promoters 0.00% · institutions 2.54% · other public 0.11%
Turnout: all 90.63% · promoters 100.00% · institutions 95.94% · other public 11.52%
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, 7 Dec 2025, 1 resolution
41,096 shareholders on the register on 31 Oct 2025; votes counted by Sridevi Madati / MNM & Associates.The company's voting result (opens in a new tab)
To approve the re-appointment of Dr. Raja Rathinam (DIN: 09045647) as a Non-executive Independent Director of the Company and continuation of his directorship as a Non-executive Independent Director in terms of Regulation 17 (1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Special99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.20% · other public 0.00%
Turnout: all 93.18% · promoters 100.00% · institutions 95.94% · other public 47.25%
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, 14 Jul 2025, 7 resolutions
38,899 shareholders on the register on 7 Jul 2025; present: 8 promoters and 57 others; votes counted by Sridevi Madati / MNM & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the year ended 31 March 2025, together with the reports of the Board of Directors and the auditors thereon, and b. the Audited Consolidated Financial Statements of the Company for the year ended 31 March 2025 together with the report of the auditors thereon.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 92.88% · promoters 100.00% · institutions 95.77% · other public 46.91%
To confirm the payment of Interim Dividend of Rs. 3/- (i.e. 30%) per Equity Share of Rs. 10/- each and to declare a Final Dividend of Rs. 2/- (i.e. 20%) per Equity Share of Rs. 10/- each for the financial year 2024-25.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 92.92% · promoters 100.00% · institutions 95.91% · other public 46.91%
- To appoint a director in place of Mr. Madhusudhana Reddy Ambavaram (DIN: 08126380), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.93% for0.07% against
Against: promoters 0.00% · institutions 0.22% · other public 0.00%
Turnout: all 92.92% · promoters 100.00% · institutions 95.91% · other public 46.91%
- To appoint the Secretarial Auditors of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 92.92% · promoters 100.00% · institutions 95.91% · other public 46.91%
- To ratify the remuneration of the Cost Auditors for the financial year ending 31 March 2026OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 92.92% · promoters 100.00% · institutions 95.91% · other public 46.91%
- To re-appoint Mr. Dodla Sunil Reddy (DIN: 00794889) as Managing Director of the Company for a term of 5 yearsSpecialPromoters have an interest in it96.40% for3.60% against
Against: promoters 0.00% · institutions 11.94% · other public 0.00%
Turnout: all 92.92% · promoters 100.00% · institutions 95.91% · other public 46.91%
- To Pay Consultancy Fees/ Remuneration to Mr. Sesha Reddy Dodla (DIN: 00520448), Non-executive Director in excess of payment made to all other Non-executive DirectorsSpecialPromoters have an interest in it98.67% for1.33% against
Against: promoters 0.00% · institutions 4.42% · other public 0.00%
Turnout: all 92.92% · promoters 100.00% · institutions 95.91% · other public 46.91%
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 Jul 2024, 5 resolutions
Present: 8 promoters and 57 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the year ended 31 March 2024 and the reports of the Board of Directors and Auditor thereon; and the Audited Consolidated Financial Statements of the Company for the year ended 31 March 2024 and the report of the Auditor thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 91.78% · promoters 100.00% · institutions 89.76% · other public 46.20%
- To appoint a director in place of Mr. Dodla Sunil Reddy (DIN: 00794889), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.41% for0.59% against
Against: promoters 0.00% · institutions 2.03% · other public 0.00%
Turnout: all 91.78% · promoters 100.00% · institutions 89.76% · other public 46.20%
- To ratify the remuneration payable to Cost Auditors for the Financial Year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 91.78% · promoters 100.00% · institutions 89.76% · other public 46.20%
- To pay consultancy fees to Mr. Dodla Sesha Reddy (DIN: 00520448), Chairman and Non-executive Director of the company.OrdinaryPromoters have an interest in it92.09% for7.91% against
Against: promoters 0.00% · institutions 9.22% · other public 0.00%
Turnout: all 79.18% · promoters 0.00% · institutions 89.76% · other public 46.20%
To approve continuation of directorship of Dr. Raja Rathinam (DIN: 09045647) as Non-executive Independent Director in terms of Regulation 17 (1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Special99.86% for0.14% againstAgainst: promoters 0.00% · institutions 0.47% · other public 0.00%
Turnout: all 91.78% · promoters 100.00% · institutions 89.76% · other public 46.20%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 8 Jul 2023, 5 resolutions
Present: 8 promoters and 54 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:na) the Standalone Audited Financial Statements of the Company for the Financial Year ended 31 March 2023 and reports of Board of Directors and Auditors thereon.nb) the Consolidated Audited Financial Statements of the Company for the Financial Year ended 31 March 2023 and Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 91.17% · promoters 100.00% · institutions 84.00% · other public 59.37%
- To appoint a director in place of Mr. Dodla Sesha Reddy (DIN: 00520448), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 91.17% · promoters 100.00% · institutions 84.00% · other public 59.37%
- Alteration of the Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 91.17% · promoters 100.00% · institutions 84.00% · other public 59.37%
- Alteration of the Object Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 91.17% · promoters 100.00% · institutions 84.00% · other public 59.37%
- Change in designation of Mr. Akshay Tanna (Din: 02967021) from Nominee Director to Non-Executive - Non-Independent Director of the companyOrdinary94.55% for5.45% against
Against: promoters 0.00% · institutions 21.08% · other public 4.12%
Turnout: all 91.17% · promoters 100.00% · institutions 84.00% · other public 59.37%
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, 30 Jun 2022, 10 resolutions
Present: 8 promoters and 44 others.The company's voting result (opens in a new tab)
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2022, together with the Reports of thenBoard of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2022, together with the Report of thenAuditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
- To appoint a Director in place of Mr. Dodla Sunil Reddy (DIN 00794889), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
- To appoint M/s. S.R.Batliboi Associates LLP, Chartered Accountants (ICAI Firm Registration No. 101049W/E300004) as Statutory Auditors of the Company for a period of 5 YearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
- To re-appointment of Mr. Ambavaram Madhusudhana Reddy (DIN 08126380) as Whole-time Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
- To re-appointment of Mr. Rampraveen Swaminathan (DIN 01300682) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
- To re-appointment of Mr. Tallam Puranam Raman (DIN 00320782) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
To continuation of directorship of Mr. Tallam Puranam Raman (DIN 00320782), Director and ratification in terms of Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
To continuation of directorship of Mr. Dodla Sesha Reddy (DIN 00520448), Director and ratification in terms of Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.57%
- To ratification of Dodla Dairy Limited- Employee Stock Option Plan, 2018 (“ESOP 2018 or “Plan )Special98.21% for1.79% against
Against: promoters 0.00% · institutions 11.99% · other public 0.00%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.56%
- To Approval of Fee payable for copies of inspection documentsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 86.34% · promoters 100.00% · institutions 58.19% · other public 20.56%
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, 12 Mar 2022, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Ms. Vinoda Kailas (DIN:09104308) as an Independent Woman Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.37% · promoters 100.00% · institutions 50.79% · other public 68.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2021, 2 resolutions
Present: 8 promoters and 52 others.The company's voting result (opens in a new tab)
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2021, together with the Reports of thenBoard of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2021, together with the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.04% · promoters 100.00% · institutions 47.89% · other public 70.93%
- To appoint a Director in place of Mr. Dodla Sesha Reddy (DIN: 00520448), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.60% for0.40% against
Against: promoters 0.00% · institutions 3.19% · other public 0.01%
Turnout: all 84.04% · promoters 100.00% · institutions 47.89% · other public 70.93%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 14 Jul 2026, 4 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended 31 March 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended 31 March 2026 and the report of Auditors thereonMoreLess
4 for0 against- To declare a final dividend on equity shares for the financial year ended 31 March 20264 for0 against
- To appoint a director in place of Mr. Akshay Tanna (DIN: 02967021) who retires by rotation and being eligible offers himself for re-appointment
Against DSP Mutual Fund, Edelweiss Mutual Fund, Helios Mutual Fund, SBI Mutual Fund
- DSP Mutual Fund, SBI Mutual FundAkshay Tanna, 43, is currently Partner and Head at KKR-India private equity. He has served on the board since July 2017. He attended 50% (3 out of 6) board meetings held in FY26 and 60% (9 out of 15) board meetings held in the last three financial years. We expect directors to attend all board meetings and at least 75% of the board meetings in the three years prior to reappointment. While his reappointment is in line with regulations, we are unable to support the resolution due to his low attendance. We do not support the resolution.
- Edelweiss Mutual Fund, Helios Mutual FundCompliant with law. No concern on the merit of the proposed Director. Governance Concern: Low attendance at Board meetings held during FY 2025-26 as well as during last 3 FYs and no justification provided for such leave of absence. It appears that the director is not able to devote sufficient time towards the affairs of the Company.
0 for4 against - To ratify the remuneration of the Cost Auditors for the financial year ending 31 March 20274 for0 against
- To approve the re-appointment of Ms. Vinoda Kailas (DIN:09104308) as an Independent Woman Director of the company4 for0 against
- To Pay Consultancy Fees/ Remuneration to Mr. Sesha Reddy Dodla (DIN: 00520448), Non-executive Director in excess of payment made to all other Non-executive Directors
Against Edelweiss Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance and Transparency Concern: Excessive Remuneration proposed to be paid without clarity about Consultancy Services. The proposed director is member of NRC and remuneration practice appears to be skewed in favor of Promoter Directors. Further, he is the Board Chairperson and is related to the Managing Director, which may lead to concentration of powers and the same can be witnessed in the remuneration practice of the Company.
3 for1 against
Mutual fund votes, meeting of 7 Dec 2025, 12 fund houses
To approve the re-appointment of Dr. Raja Rathinam (DIN: 09045647) as a Non-executive Independent Director of the Company and continuation of his directorship as a Non-executive Independent Director in terms of Regulation 17 (1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
12 for0 against
6 earlier meetings
Mutual fund votes, meeting of 14 Jul 2025, 9 fund houses
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the year ended 31 March 2025, together with the reports of the Board of Directors and the auditors thereon, and b. the Audited Consolidated Financial Statements of the Company for the year ended 31 March 2025 together with the report of the auditors thereon.MoreLess
9 for0 againstTo confirm the payment of Interim Dividend of Rs. 3/- (i.e. 30%) per Equity Share of Rs. 10/- each and to declare a Final Dividend of Rs. 2/- (i.e. 20%) per Equity Share of Rs. 10/- each for the financial year 2024-25.MoreLess
9 for0 against- To appoint a director in place of Mr. Madhusudhana Reddy Ambavaram (DIN: 08126380), who retires by rotation and being eligible, offers himself for re-appointment.9 for0 against
- To appoint the Secretarial Auditors of the Company9 for0 against
- To ratify the remuneration of the Cost Auditors for the financial year ending 31 March 20269 for0 against
- To re-appoint Mr. Dodla Sunil Reddy (DIN: 00794889) as Managing Director of the Company for a term of 5 years
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: the proposed Remuneration may lead to Skewed remuneration in favor of the Promoter Director.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundRe-appointment compliant with law. Governance Concern: the proposed Remuneration may lead to Skewed remuneration in favor of the Promoter Director.
4 for5 against - To Pay Consultancy Fees/ Remuneration to Mr. Sesha Reddy Dodla (DIN: 00520448), Non-executive Director in excess of payment made to all other Non-executive Directors
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Excessive Remuneration proposed to be paid without clarity about Consultancy Services. Chairperson related to Managing Director. Transparency Concern: Ambiguity with regards to the role played by the Director as a Consultant. Mr. Reddy is member of Nomination & Remuneration Committee and remuneration practice also indicates probable skewness in favour of Promoter Executive Director.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Excessive Remuneration proposed to be paid without clarity about Consultancy Services. Chairperson related to Managing Director. Transparency Concern: Ambiguity w.r.t. the role played by the Director as a Consultant. Mr. Reddy is member of NRC and remuneration practice also indicates probable skewness in favour of Promoter ED.
4 for5 against
Mutual fund votes, meeting of 4 Jul 2024, 6 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the year ended 31 March 2024 and the reports of the Board of Directors and Auditor thereon; and the Audited Consolidated Financial Statements of the Company for the year ended 31 March 2024 and the report of the Auditor thereon.MoreLess
5 for0 against- To appoint a director in place of Mr. Dodla Sunil Reddy (DIN: 00794889), 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: Skewed remuneration in favor of Promoter ED.
4 for2 against - To ratify the remuneration payable to Cost Auditors for the Financial Year 2024-255 for0 against
- To pay consultancy fees to Mr. Dodla Sesha Reddy (DIN: 00520448), Chairman and Non-executive Director of the company.
Against Groww Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Excessive Remuneration proposed to be paid; Chairman related to Managing Director; Mr. Reddy is the Chairperson of the Board and Board composition is non-compliant with Section 152 of the Companies Act; Mr. Reddy is member of NRC and remuneration practice is skewed in favor of Promoter ED.
4 for2 against To approve continuation of directorship of Dr. Raja Rathinam (DIN: 09045647) as Non-executive Independent Director in terms of Regulation 17 (1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
Against Groww Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SS-2: Corrigendum to the Notice, resulting in additional agenda item, not issued at least 21 days prior to AGM.
4 for2 against
2 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
Mutual fund votes, meeting of 8 Jul 2023, 4 fund houses
To receive, consider and adopt:na) the Standalone Audited Financial Statements of the Company for the Financial Year ended 31 March 2023 and reports of Board of Directors and Auditors thereon.nb) the Consolidated Audited Financial Statements of the Company for the Financial Year ended 31 March 2023 and Report of Auditors thereon.MoreLess
4 for0 against- To appoint a director in place of Mr. Dodla Sesha Reddy (DIN: 00520448), who retires by rotation and being eligible, offers himself for re-appointment.4 for0 against
- Alteration of the Articles of Association of the Company4 for0 against
- Alteration of the Object Clause of the Memorandum of Association of the Company4 for0 against
- Change in designation of Mr. Akshay Tanna (Din: 02967021) from Nominee Director to Non-Executive - Non-Independent Director of the company4 for0 against
Mutual fund votes, meeting of 30 Jun 2022, 3 fund houses
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2022, together with the Reports of thenBoard of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2022, together with the Report of thenAuditors thereon.MoreLess
3 for0 against- To appoint a Director in place of Mr. Dodla Sunil Reddy (DIN 00794889), who retires by rotation and being eligible, offers himself for re-appointment.3 for0 against
- To appoint M/s. S.R.Batliboi Associates LLP, Chartered Accountants (ICAI Firm Registration No. 101049W/E300004) as Statutory Auditors of the Company for a period of 5 Years3 for0 against
- To re-appointment of Mr. Ambavaram Madhusudhana Reddy (DIN 08126380) as Whole-time Director of the Company3 for0 against
- To re-appointment of Mr. Rampraveen Swaminathan (DIN 01300682) as an Independent Director of the Company3 for0 against
- To re-appointment of Mr. Tallam Puranam Raman (DIN 00320782) as an Independent Director of the Company3 for0 against
To continuation of directorship of Mr. Tallam Puranam Raman (DIN 00320782), Director and ratification in terms of Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
3 for0 againstTo continuation of directorship of Mr. Dodla Sesha Reddy (DIN 00520448), Director and ratification in terms of Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
3 for0 against- To ratification of Dodla Dairy Limited- Employee Stock Option Plan, 2018 (“ESOP 2018 or “Plan )3 for0 against
- To Approval of Fee payable for copies of inspection documents3 for0 against
Mutual fund votes, meeting of 12 Mar 2022, 4 fund houses
- Appointment of Ms. Vinoda Kailas (DIN:09104308) as an Independent Woman Director of the company4 for0 against
Mutual fund votes, meeting of 23 Sep 2021, 4 fund houses
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2021, together with the Reports of thenBoard of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2021, together with the Report of the Auditors thereon.MoreLess
4 for0 against- To appoint a Director in place of Mr. Dodla Sesha Reddy (DIN: 00520448), who retires by rotation and being eligible, offers himself for re-appointment.4 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines, tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtSids Farm Private LimitedSince 30 Sep 2026
2.00% bought in the quarter; holding 2.00%, from 0.00%
- Fine or penaltyAssessing OfficerSince 13 Jul 2026
Order under Section 270A of the Income Tax Act, 1961 for Assessment Year 2018-19
For Assessment Year 2018-19, certain adjustments were made in the Assessment Order, pursuant to which penalties were imposed on the additions sustained. The Company received a favourable order from the Hon’ble ITAT in respect of the major adjustments relating to the deduction claimed under Section 80-IB and Section 80JJAA. However, two adjustments were sustained, arising primarily due to differences in interpretation. Considering the monetary implications and the costs associated with further litigation, the Company decided to discharge the penalty amount attributable to these two adjustments and close the matter. Rs. 806,596MoreLess
- Fine or penaltyMaharashtra Water (Prevention & Control of Pollution) Act, 1974, Air (Prevention & Control of Pollution) Act, 1981Since 5 Aug 2026
Levy of Penalty under Maharashtra Water (Prevention & Control of Pollution) Act, 1974, Air (Prevention & Control of Pollution) Act, 1981
We submitted the application before commencing operational activities. However, by the time the PCB authorities conducted the inspection, operational activities had commenced, resulting in penal charges of ₹9,064 being levied on Paranda – CC.MoreLess
- Fine or penaltyMaharashtra Water (Prevention & Control of Pollution) Act, 1974, Air (Prevention & Control of Pollution) Act, 1981Since 5 Aug 2026
Levy of Penalty under Maharashtra Water (Prevention & Control of Pollution) Act, 1974, Air (Prevention & Control of Pollution) Act, 1981
We submitted the application before commencing operational activities. However, by the time the PCB authorities conducted the inspection, operational activities had commenced, resulting in penal charges of ₹6,228 being levied on Dharashiv – CC.MoreLess
- Tax disputeAssistant Commissioner of Income Tax, HyderabadSince 6 Dec 2016The Company is awaiting the disposal of appeal by CIT(A) considering the favourable orders received for other years on the similar issue.
At the filing before: The AO had disallowed deduction claimed under Section 80-IB of the Income Tax Act, 1961 in the AO Order passed under Section 143(3) r.w.s 147 of the Act resulting in a tax demand of INR 6.4 Mn for AY 2011-12. The Company had paid the taxes under protest and preferred an appeal before the CIT(A) which is pending for disposal.MoreLess
- Tax disputeDeputy Commissioner of Income Tax, HyderabadSince 15 Jul 2022The Company had received rectification order for AY 2021-22 granting refund of INR 176.25 Million. Further, the Company is awaiting the rectification order for AY 2018-19.
At the filing before: The AO vide order under Section 143(3) r.w.s 144C(13) r.w.s 144B of the Act had made transfer pricing adjustment to the returned income filed by the Company for the Captioned Years resulting in a tax demand of INR 210.98 Mn for AY 2018-19 and AY 2021-22. Aggreived by the Order, the Company had paid the taxes under protest and filed an appeal before the Hon'ble Income Tax Appellate Tribunal, which passed a favourable order dated November 26, 2025 allowing the deduction claimed by the Company under Section 80-IB of the Act for AY 2018-19 and AY 2021-22. Further, the Hon'ble ITAT had set-aside the case to Assessing Officer for the limited purpose of factual verification of filing Form 10CCBs in relation to deduction claimed. The Assessing Officer has passed the order giving effect to the Hon'ble ITAT order vide Orders date June 24, 2026.The Company had filed rectification applications before the Assessing Officer to give credit of the taxes paid and grant refund to the Company.MoreLess
- Tax disputeAssistant Commissioner, Central Tax, Division -II (Karnataka State)Since 22 Sep 2021
The Karnataka High Court had passed a favourable order dated December 11, 2025 upholding the GST rate of 5% on flavoured milk. The Company yet to receive the refund of taxes paid under protest basis the order.MoreLess
At the filing before: The officer had alleged the classification of flavoured milk under HSN 04029990 and classified it under HSN 22029910 resulting in a demand of INR 14.7 Mn for the period July 2017 to October 2021 for Karnataka State, which was upheld by the Additional Commisioner Appeals (Mysuru).MoreLess
- Tax disputeAdditions Commissioner of Customs (Imports)Since 28 Oct 2017The Company is awaiting order from Commissioner Appeals.
At the filing before: The officer had alleged the classification of import of Pouch Filling Machine under CTH 84342000 and denied the exemption from Countervailing duty resulting in a tax demand of INR 3.7 Mn. The Company had filed an appeal before the Commisioner, which is rejected indicating that the appeal was filed beyond the specified timelimit. The Company had preferred Writ Petition before Karnataka High Court which passed order in favour of the Company and directed the Commissioner Appeals to dispose of the appeal basis the merits of the case.MoreLess
1 more
- Tax disputeAssistant Commissioner of Income Tax, HyderabadSince 1 Feb 2024The Company had filed the Writ Petition before the High Court, which is pending for disposal.
At the filing before: The Department had filed a Special Leave Petition before the Supreme Court against the High Court Order passed in favour of the Company setting aside the notice under Section 148 and consequential order for the Assessment Years 2013-14, 2015-16 and 2016-17. The Supreme Court had directed the matter again to High Court and directed the Company to file the amended writ petition.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
- 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.