Engineers India MD, chairman, board of directors and AGM

Mutual fund votes, meeting of 18 Sep 2026, 13 fund houses so far (houses' deadline to file 15 Oct 2026)

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

• To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on 31.03.2026, together with the Directors’ Report and the Auditors’ Report thereon and Comments of the Comptroller and Auditor General of India.MoreLess

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundNon-disclosure of financial statements of Subsidiaries for FY 2025-26 on website.
  • Edelweiss Mutual Fund, Navi Mutual FundUnqualified Financial Statements (except certain non-material remarks identified in CARO report). Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of Subsidiaries for FY 2025-26 on website.

  9 for3 against
• To declare final dividend for the financial year ended 31.03.2026.

  13 for0 against
• To appoint a Director in place of Shri Rajiv Agarwal (DIN:09748894), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.

  10 for3 against
• To appoint a Director in place of Shri Arun Kumar (DIN:10627518), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund, Sundaram Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • DSP Mutual Fund, Jio BlackRock Mutual Fund, Sundaram Mutual FundArun Kumar, 57, is Director (Marketing) of Ministry of Petroleum and Natural Gas, Government of India (GoI). He is the nominee of GoI on the board. He has attended all fourteen board meetings held in FY26. He retires by rotation. While his reappointment is in line with statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director representation. We expect Ministry of Petroleum & Natural Gas to first address the board composition before (re)appointing its nominees to the board. We do not support the resolution.
  • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • HSBC Mutual FundWe are voting against this Nomination Committee member as we have concerns about insufficient gender diversity of the board. We have concerns about insufficient independence on the Remuneration and Nomination committees.

  6 for7 against
• To authorize Board of Directors of the Company to fix remuneration of Statutory Auditors for the Financial Year 2026-27.

  13 for0 against
• To appoint Shri Atul Gupta (DIN: 09704622) as Chairman & Managing Director of the Company.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund, Quantum Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • Quantum Mutual FundThe company seeks shareholders’ approval to appoint Atul Gupta as Chairperson and Managing Director (CMD). He has been on the board of the company as Director (Technical) since August 2022. The company has not disclosed his proposed remuneration. However, we are of the view that a clubbed position of Chairman & MD may lead to concentration of power. Therefore, we do not favor his appointment and resolution.

  9 for4 against
• To appoint Smt. Kahuli Sema (DIN: 11893225) as Non- official Independent Director of the Company.

  ›Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund, Quantum Mutual Fund, Sundaram Mutual Fund

  • Angel One Mutual FundGovernance concern: Term of appointment is ambiguous and against spirit of the law.
  • DSP Mutual Fund, Jio BlackRock Mutual FundMs. Kahuli Sema, 60, worked with Nagaland’s Public Works department (NPWD) for over 30 years, before retiring in 2023. During her tenure in NPWD, she was associated with the planning, supervision and execution of public infrastructure and road-related works. She also served as Chairperson of the Nagaland Chapter of the Indian Buildings Congress (IBC).Public sources suggest that she has political affiliations. We do not support her appointment as an Independent Director as we believe her political affiliations may unnecessarily politicise the decisions of the company and distract the management from its core focus. The company should have disclosed her political affiliations as a part of her profile. We do not support the resolution.
  • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Term of appointment is ambiguous and against spirit of the law.
  • HSBC Mutual FundWe are voting against this new non-independent non-executive director as the level of board independence falls below our expectation. Kahuli Sema is associated with a political party and the presence of directors with political background or affiliation with a political party can act as an impediment for independent and objective thinking of the board.
  • Quantum Mutual FundThe company seeks shareholders’ approval to appoint Ms. Kahuli Sema as an Independent Director w.e.f. 14 August 2026 till 11 August 2029, or until further orders, whichever is earlier. Public sources suggest that she served as the Vice-President of the Mahila Morcha for the BJP Nagaland Unit and contested the 2023 Nagaland Legislative Assembly election from the Atoizu constituency. We do not favor her appointment due to her political association. We do not support the resolution.
  • Sundaram Mutual FundMs. Kahuli Sema, 60, worked with Nagaland’s Public Works department (NPWD) for over 30 years, before retiring in 2023. During her tenure in NPWD, she was associated with the planning, supervision and execution of public infrastructure and road-related works. She also served as Chairperson of the Nagaland Chapter of the Indian Buildings Congress (IBC). Public sources suggest that she has political affiliations. We do not support her appointment as an Independent Director as we believe her political affiliations may unnecessarily politicise the decisions of the company and distract the management from its core focus. The company should have disclosed her political affiliations as a part of her profile. We do not support the resolution.

  5 for8 against
• To appoint Shri Ashish Kumar Gupta (DIN: 00728633) as Non-official Independent Director of the Company.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Term of appointment is ambiguous and against spirit of the law.
  • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Term of appointment is ambiguous and against spirit of the law.

  10 for3 against

Mutual fund votes, meeting of 24 Sep 2025, 22 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 and Consolidated Financial Statements of the Company for the financial year ended on 31.03.2025, together with the Directors’ Report and the Auditors’ Report thereon and Comments of the Comptroller and Auditor General of India.MoreLess

  21 for0 against
• To declare final dividend for the financial year ended 31.03.2025.

  22 for0 against
• To appoint a Director in place of Shri Sanjay Jindal (DIN: 09223617), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundBoard is non-compliant with the requirement of requisite number of Independent Directors.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • HSBC Mutual FundThe nominee is not considered independent and the overall board independence falls below our expectation.
  • quant Mutual FundCompliant with the law. No concern on the merits of the proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of independent directors.

  14 for8 against
• To appoint a Director in place of Shri Atul Gupta (DIN: 09704622), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundBoard is non-compliant with the requirement of requisite number of Independent Directors.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • HSBC Mutual FundThe nominee is not considered independent and the overall board independence falls below our expectation.
  • quant Mutual FundCompliant with the law. No concern on the merits of the proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of independent directors.

  14 for8 against
• To authorize Board of Directors of the Company to fix remuneration of Auditors for the Financial Year 2025-26.

  22 for0 against
• To appoint Shri Subhas Balakumar (DIN:10411610) as Director (Projects) of the Company.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundBoard is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval.
  • HSBC Mutual FundThe nominee is not considered independent and the overall board independence falls below our expectation.
  • quant Mutual FundCompliant with the law. No concern on the merits of the proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of independent directors. Delayed shareholder’s approval.

  14 for8 against
• To appoint Shri Rupesh Kumar Singh (DIN:10879433) as Director (HR) of the Company.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundBoard is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval.
  • HSBC Mutual FundThe nominee is not considered independent and the overall board independence falls below our expectation.
  • quant Mutual FundCompliant with the law. No concern on the merits of the proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of independent directors. Delayed shareholder’s approval.

  14 for8 against
• To appoint Shri Deepak Mhaskey (DIN: 09396329) as Non-official Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Canara Robeco Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundNo cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous.
  • Axis Mutual Fund, Jio BlackRock Mutual FundDeepak Mhaskey, 57, is the Chairperson at the Medical Service Corporation of Chhattisgarh, a Chhattisgarh Government Subsidiary. He completed his first term as Independent Director from 12 November 2021 till 7 November 2024. He has attended four board meetings during his tenure in FY25. His reappointment is in line with statutory requirements. Public sources suggest that he has political affiliations. We do not support his reappointment as an Independent Director as we believe his political affiliations may unnecessarily politicise the decisions of the company and distract the management from its core focus. The company should have disclosed his political affiliations as a part of his profile. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of Directors. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • Canara Robeco Mutual FundDeepak Mhaskey, 57, is the Chairperson at the Medical Service Corporation of Chhattisgarh, a Chhattisgarh Government Subsidiary. He completed his first term as Independent Director from 12 November 2021 till 7 November 2024. He has attended four board meetings during his tenure in FY25. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • HSBC Mutual FundThe nominee is associated with a political party and the presence of directors with political background or affiliation with a political party can act as an impediment for independent and objective thinking of the board.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundNon-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments.
  • quant Mutual FundNo concern on the merits of directors. Non-compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed shareholders’ approval; term of appointment is ambiguous and against spirit of the law.

  9 for13 against
• To appoint Smt. Karuna Gopal Vartakavi (DIN: 05304803) as Non-official Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Canara Robeco Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundNo cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous.
  • Axis Mutual Fund, Jio BlackRock Mutual FundMs. Karuna Gopal Vartakavi, 60, is the Founder President of Foundation for Futuristic Cities, a think tank. In the past, she served as an Urban Expert for The World Bank, DFID (Department for International Development, UK), and ADB. She completed her first as Independent Director from 12 November 2021 till 7 November 2024. She has attended four board meetings during her tenure in FY25. Her reappointment is in line with statutory requirements. Public sources suggest that she has political affiliations. We do not support her reappointment as an Independent Director as we believe her political affiliations may unnecessarily politicise the decisions of the company and distract the management from its core focus. The company should have disclosed her political affiliations as a part of her profile. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of Directors. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • Canara Robeco Mutual FundMs. Karuna Gopal Vartakavi, 60, is the Founder President of Foundation for Futuristic Cities, a think tank. In the past, she served as an Urban Expert for The World Bank, DFID (Department for International Development, UK), and ADB. She completed her first as Independent Director from 12 November 2021 till 7 November 2024. She has attended four board meetings during her tenure in FY25. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • HSBC Mutual FundThe nominee is associated with a political party and the presence of directors with political background or affiliation with a political party can act as an impediment for independent and objective thinking of the board.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundNon-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments.
  • quant Mutual FundNo concern on the merits of directors. Non-compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed shareholders’ approval; term of appointment is ambiguous and against spirit of the law.

  9 for13 against
• To appoint Shri Mahesh Kumar Goyal (DIN:03153793) as Non-official Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Canara Robeco Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundDelayed Shareholders’ approval; Term of appointment is ambiguous.
  • Axis Mutual Fund, Jio BlackRock Mutual FundMahesh Kumar Goyal, 56, is the Founder of Mahesh Prem Goyal & Co., Chartered Accountants and serves manufacturers, traders, educational institutions, banks, companies and NGOs. His appointment is in line with statutory requirements. Public sources suggest that he has political affiliations. We do not support his reappointment as an Independent Director as we believe his political affiliations may unnecessarily politicise the decisions of the company and distract the management from its core focus. The company should have disclosed his political affiliations as a part of his profile. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of Directors. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • Canara Robeco Mutual FundMahesh Kumar Goyal, 56, is the Founder of Mahesh Prem Goyal & Co., Chartered Accountants and serves manufacturers, traders, educational institutions, banks, companies and NGOs. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • quant Mutual FundNo concern on the merits of directors. Governance concern: Delayed shareholders’ approval; term of appointment is ambiguous and against spirit of the law.

  10 for12 against
• To appoint Shri Shambhu Nath Keshri (DIN: 11116634) as Non-official Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Canara Robeco Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundDelayed Shareholders’ approval; Term of appointment is ambiguous.
  • Axis Mutual Fund, Jio BlackRock Mutual FundShambhu Nath Keshri, 51, has over 25 years of experience in the fields of humanities and social services. Public sources suggest that he has political affiliations. We do not support his reappointment as an Independent Director as we believe his political affiliations may unnecessarily politicise the decisions of the company and distract the management from its core focus. The company should have disclosed his political affiliations as a part of his profile. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundNo concern on the merits of Directors. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • Canara Robeco Mutual FundShambhu Nath Keshri, 51, has over 25 years of experience in the fields of humanities and social services. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • HSBC Mutual FundThe nominee is associated with a political party and the presence of directors with political background or affiliation with a political party can act as an impediment for independent and objective thinking of the board.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • quant Mutual FundNo concern on the merits of directors. Governance concern: Delayed shareholders’ approval; term of appointment is ambiguous and against spirit of the law.

  9 for13 against
• To appoint Shri Kapil Verma (DIN: 09056466) as Director (Government Nominee) of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Jio BlackRock Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, quant Mutual Fund

  • Angel One Mutual FundBoard is non-compliant with the requirement of requisite number of Independent Directors.
  • Axis Mutual Fund, Jio BlackRock Mutual FundKapil Verma, 48, is an officer of Indian Defence Service of Engineers (IDSE:2004], Military of Engineer Services. He is on deputation to Ministry of Petroleum & Natural Gas (MoPNG). Currently, he is working as Director (Refinery & Admin) looking after Refineries, Administration, Establishment, Information Technology (incl. Cyber Security), SC/ST. He is liable to retire by rotation. While his appointment is in line with statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director representation. We expect Ministry of Petroleum & Natural Gas to first address the board composition, before appointing its nominees to the board. We do not support the resolution. Notwithstanding the carve out for public sector enterprises under the regulations, we expect the company to seek shareholders’ approval within three months of the board appointment.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • HSBC Mutual FundThe nominee is not considered independent and the overall board independence falls below our expectation.
  • Nippon India Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • quant Mutual FundCompliant with the law. No concern on the merits of the proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of independent directors.

  11 for11 against
• To appoint M/s VAP & Associates, Practicing Company Secretaries as Secretarial Auditor of the Company.

  21 for0 against

• Fine or penaltyBSE LimitedSince 27 May 2026

  Imposition of fine for non complaince of Regulations 17(1) SEBI Listing Regulations

  Imposition of fine of Rs. 5,31,000/- for non complaince of Regulations 17(1) of SEBI Listing Regulations for the quarter 31-03-2026
• Fine or penaltyNational Stock Exchange of India LimitedSince 27 May 2026

  Imposition of fine for non complaince of Regulations 17(1) SEBI Listing Regulations

  Imposition of fine of Rs. 5,31,000/- for non complaince of Regulations 17(1) of SEBI Listing Regulations for the quarter 31-03-2026
• Tax disputeDeputy Commissioner of Commercial Tax, KarnatakaSince 1 Feb 2023
  Pending before Supreme Court
• Tax disputeDeputy Commissioner of Commercial Tax, KarnatakaSince 1 Feb 2023
  Pending before Supreme Court
• Tax disputeDeputy Commissioner of Commercial Tax, KarnatakaSince 1 Feb 2023
  Pending before Supreme Court
• Tax disputeAssistant Commissioner of Commercial Tax, KarnatakaSince 25 Apr 2019
  Pending before High Court
• Tax disputeDeputy Commissioner of Commercial Tax, KarnatakaSince 2 Mar 2021
  Pending before High Court
• Tax disputeDeputy Commissioner of Commercial Tax, KarnatakaSince 22 Sep 2021
  Pending before High Court

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

The board is made up as the listing rules require

No

The board has a regular chairperson

Yes

The company has a risk management committee

Yes

The chair is related to the managing director

No

The filing has a part on fines and penalties

Yes

The filing has a part on tax disputes

Yes

There was a cyber security incident in the quarter

No

The company's own answers in its filing.