Essar Shipping MD, chairman, board of directors and AGM
NSE: ESSARSHPNGBSE: 533704Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹15.62.
- 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.
- ₹303 Cr1,827th 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.
- No full year
- 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.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 zero or below
- 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.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,95,98956.8% delivered
Essar Shipping 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
- ChairpersonSuresh Ramamirtham
- Company Secretary and Compliance OfficerHabib Jan
7 directors3 independent2 executive2 non-executive
- Rajesh DesaiExecutive · joined Sep 2020 · 69 months as independent · 1 listed board · 2 committee seats
- JayakumarIndependent · joined Aug 2021 · reappointed Sep 2021 · 58 months as independent · 1 listed board · 1 as independent
- Suresh Ramamirtham · ChairpersonIndependent · joined Aug 2021 · reappointed Sep 2021 · 58 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Sunil ModakIndependent · joined Sep 2022 · 46 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Vipin JainExecutive · joined May 2024 · 25 months as independent · 1 listed board
- Ketan Kantibhai ShahNon-executive · joined Sep 2025 · 9 months as independent · 1 listed board
- Raichael MathewNon-executive · joined Sep 2022 · 46 months as independent · 1 listed board · 1 committee seat
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
- 30 May 20267 of 7 present3 independent · 92 days in between
- 26 Feb 20267 of 7 present3 independent · 12 days in between
- 13 Feb 20267 of 7 present3 independent
Audit Committee
Chair Suresh Ramamirtham
Sunil Modak, Rajesh Desai
- 30 May 20263 of 3 present2 independent · 92 days in between
- 26 Feb 20263 of 3 present2 independent · 12 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Sunil Modak
Suresh Ramamirtham, Raichael Mathew
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Sunil Modak
Raichael Mathew, Rajesh Desai
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Sunil Modak
Raichael Mathew, Rajesh Desai
No meeting listed in the filing.
Share Transfer Committee
Chair Sunil Modak
Rajesh Desai, Raichael Mathew
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Manohar Chowdhry & AssociatesPeer-review certificate valid to Sep 2027
1 earlier auditor
- CNK & Associates LLPNamed in the filing for the quarter to Mar 2025
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.
Essar Shipping 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.Essar Shipping share news and announcements
Annual general meeting, 30 Sep 2026
32,000 shareholders on the register on 23 Sep 2026; present: 1 promoter and 55 others; votes counted by Mayank Arora / Mayank Arora & Co..The company's voting result (opens in a new tab)
- Approval and Adoption of Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereonOrdinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 10.74%
Turnout: all 75.15% · promoters 100.00% · institutions 25.06% · other public 5.21%
- Approval and Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereonOrdinary99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 10.74%
Turnout: all 75.15% · promoters 100.00% · institutions 25.06% · other public 5.21%
- APPOINTMENT OF MR. RAJESH DHIRUBHAI DESAI (DIN: 08848625) AS DIRECTOR, LIABLE TO RETIRE BY ROTATION.Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 10.79%
Turnout: all 75.15% · promoters 100.00% · institutions 25.06% · other public 5.21%
a) DISINVESTMENT IN OVERSEAS WHOLLY OWNED SUBSIDIARY (ESSAR SHIPPING DMCC, DUBAI) UNDER SECTION 180(1)(A) OF THE COMPANIES ACT, 2013 b) DISINVESTMENT IN OVERSEAS WHOLLY OWNED SUBSIDIARY (OGD SERVICES HOLDINGS LIMITED, MAURITIUS) UNDER SECTION 180(1)(A) OF THE COMPANIES ACT, 2013MoreLess
SpecialPromoters have an interest in it89.47% for10.53% againstAgainst: promoters 0.00% · institutions 0.00% · other public 10.80%
Turnout: all 1.40% · promoters 0.00% · institutions 25.06% · other public 5.21%
- APPOINTMENT OF MR. SUBRAMANIAN RAMAN (DIN: 11920269) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 10.77%
Turnout: all 75.15% · promoters 100.00% · institutions 25.06% · other public 5.21%
- RE-APPOINTMENT OF MR. SURESH RAMAMIRTHAM (DIN: 09299459) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A SECOND TERMSpecial99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 10.82%
Turnout: all 75.15% · promoters 100.00% · institutions 25.06% · other public 5.21%
- TO CONSIDER AND APPROVE SALE OF ASSET - SEMI-SUBMERSIBLE RIG – ESSAR WILDCAT – OWNED BY ESSAR SHIPPING DMCC, DUBAI (WHOLLY OWNED SUBSIDIARY)SpecialPromoters have an interest in it89.45% for10.55% against
Against: promoters 0.00% · institutions 0.00% · other public 10.83%
Turnout: all 1.40% · promoters 0.00% · institutions 25.06% · other public 5.21%
- TO CONSIDER AND APPROVE SALE OF ASSET - TUG III, OWNED BY ESSAR SHIPPING LIMITEDSpecialPromoters have an interest in it89.46% for10.54% against
Against: promoters 0.00% · institutions 0.00% · other public 10.82%
Turnout: all 1.40% · promoters 0.00% · institutions 25.06% · other public 5.21%
- TO CONSIDER AND APPROVE GENERAL RELATED PARTY TRANSACTIONSOrdinaryPromoters have an interest in it89.53% for10.47% against
Against: promoters 0.00% · institutions 0.00% · other public 10.74%
Turnout: all 1.40% · promoters 0.00% · institutions 25.06% · other public 5.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2025, 8 resolutions
1,30,677 shareholders on the register on 19 Sep 2025; present: 0 promoters and 49 others; votes counted by Mayank Arora / Mayank Arora & Co..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 Financial Year Ended on March 31, 2025 together with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.59%
Turnout: all 73.69% · promoters 95.49% · institutions 0.00% · other public 12.44%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year Ended on March 31, 2025 together with the Reports of Auditors thereonOrdinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 4.59%
Turnout: all 73.69% · promoters 95.49% · institutions 0.00% · other public 12.44%
To re-appoint Ms. Raichel Mathew (DIN:09625593), as a Non-Executive Director, who retires by rotation in terms of Section 152 of the Companies Act, 2013 and being eligible, offers herself for re-appointmentMoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.60%
Turnout: all 73.69% · promoters 95.49% · institutions 0.00% · other public 12.44%
To appoint M/s. Manohar Chowdhry & Associates, Chartered Accountants (Firm Registration No. 01997S) as Statutory Auditors of the Company to hold office from the conclusion of the ensuing Annual General Meeting until the conclusion of the Annual General Meeting of FY 2029-30 and to fix their remunerationMoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.60%
Turnout: all 73.69% · promoters 95.49% · institutions 0.00% · other public 12.44%
a) Disinvestment in overseas Wholly Owned Subsidiary (Essar Shipping DMCC, Dubai) Under Section 180(1)(a) of the Companies Act, 2013 b) Disinvestment in overseas Wholly Owned Subsidiary (OGD Services Holdings Limited, Mauritius) Under Section 180(1)(a) of the Companies ActMoreLess
OrdinaryPromoters have an interest in it95.38% for4.62% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.62%
Turnout: all 3.26% · promoters 0.00% · institutions 0.00% · other public 12.44%
- Appointment of Mr. Ketan Kantibhai Shah (DIN: 02481491) as a Non – Executive, Non - Independent Director of the CompanyOrdinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 4.59%
Turnout: all 73.69% · promoters 95.49% · institutions 0.00% · other public 12.44%
- Appointment of M/s. Mayank Arora & Co., Practicing Company Secretaries as the Secretarial Auditor of the Company for a period of Five (5) Years, commencing from FY 2025-26 to 2029-2030Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 4.62%
Turnout: all 73.69% · promoters 95.49% · institutions 0.00% · other public 12.44%
- To Consider And Approve General Related Party TransactionsOrdinary95.39% for4.61% against
Against: promoters 0.00% · institutions 0.00% · other public 4.61%
Turnout: all 3.26% · promoters 0.00% · institutions 0.00% · other public 12.44%
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 Sep 2024, 5 resolutions
Present: 3 promoters and 35 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited StandalonenFinancial Statements of the Company for the financial yearnended on March 31, 2024 together with the reports of thenBoard of Directors and Auditors thereon.MoreLess
Ordinary99.82% for0.18% againstAgainst: promoters 0.00% · institutions 0.00% · other public 35.37%
Turnout: all 70.80% · promoters 95.49% · institutions 0.00% · other public 1.41%
- To receive, consider and adopt the Audited ConsolidatednFinancial Statements of the Company for the financialnyear ended on March 31, 2024 together with the reports ofnAuditors thereonOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 35.37%
Turnout: all 70.80% · promoters 95.49% · institutions 0.00% · other public 1.41%
- To appoint a Director in place of Mr. Rajesh Desai (DIN:n08848625), who retires by rotation in terms of Section 152 ofnthe Companies Act, 2013 and being eligible, offers himselfnfor re-appointment.Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 35.39%
Turnout: all 70.80% · promoters 95.49% · institutions 0.00% · other public 1.41%
- DISINVESTMENT IN OVERSEAS WHOLLY OWNEDnSUBSIDIARY (ESSAR SHIPPING DMCC, DUBAI) UNDERnSECTION 180(1)(A) OF THE COMPANIES ACT, 2013Special99.81% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 35.41%
Turnout: all 70.80% · promoters 95.49% · institutions 0.00% · other public 1.41%
- TO CONSIDER AND APPROVE GENERAL RELATEDnPARTY TRANSACTIONSOrdinaryPromoters have an interest in it64.59% for35.41% against
Against: promoters 0.00% · institutions 0.00% · other public 35.41%
Turnout: all 0.37% · promoters 0.00% · institutions 0.00% · other public 1.41%
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, 23 Jul 2024, 8 resolutions
The company's voting result (opens in a new tab)
Sale of Overseas Direct Investments (ODI), Redemption of Foreign Currency Convertible Bonds (FCCBs) and Non Convertible Debentures (NCDs): nnA. Disinvestment in Overseas Subsidiary (Energy II Limited, Bermuda) under Section 180(1)(a) of the Companies Act, 2013.nB. Disinvestment in Overseas wholly owned Subsidiary (OGD Services Holdings Limited, Mauritius) under Section 180(1)(a) of the Companies Act, 2013.nMoreLess
SpecialPromoters have an interest in it98.51% for1.49% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.52%
Turnout: all 8.18% · promoters 4.51% · institutions 0.00% · other public 18.52%
- To consider and approve material Related Party Transaction (RPT) of Sale of Overseas Direct Investments (ODI):SpecialPromoters have an interest in it98.51% for1.49% against
Against: promoters 0.00% · institutions 0.00% · other public 2.51%
Turnout: all 8.18% · promoters 4.51% · institutions 0.00% · other public 18.52%
- To consider and approve the Sale of RIG by OGD Services Holdings Limited, Mauritius to Essar Shipping DMCC, Dubai and Assignment of other debts in favor of Essar Shipping DMCC, Dubai.SpecialPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 8.18% · promoters 4.51% · institutions 0.00% · other public 18.52%
- To consider and approve other General Related Party Transactions.nRemote E-Voting Result.nnOrdinaryPromoters have an interest in it98.51% for1.49% against
Against: promoters 0.00% · institutions 0.00% · other public 2.51%
Turnout: all 8.18% · promoters 4.51% · institutions 0.00% · other public 18.52%
To consider and approve Issue of unlisted up to 7,82,00,000 1% p.a. Secured, Redeemable, unlisted, unrated, Non-Convertible Debentures (NCDs) to Abhinand Ventures Private Limited by conversion of Inter Corporate Deposits.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 78.61% · promoters 100.00% · institutions 0.00% · other public 18.52%
To consider and approve Issue of unlisted up to 3,40,00,000 8.25% p.a. Secured, Redeemable, unlisted, unrated, Non-Convertible Debentures (NCDs) to Abhinand Ventures Private Limited by Conversion of Inter Corporate Deposits.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 78.61% · promoters 100.00% · institutions 0.00% · other public 18.52%
To consider and approve Issue of up to 2,92,00,000 1% p.a. Unsecured, Redeemable, Unlisted, Unrated, Non-Convertible Debentures (NCDs) to Essar Steel Metal Trading Limited (ESMTL) by Conversion of Inter Corporate Deposits.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 73.91% · promoters 100.00% · institutions 0.00% · other public 0.62%
- To consider and approve Appointment of Mr. Vipin Jain (DIN: 10174107) as a Whole -Time Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 73.91% · promoters 100.00% · institutions 0.00% · other public 0.62%
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, 29 Sep 2023, 8 resolutions
Present: 2 promoters and 39 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 70.55% · promoters 94.70% · institutions 0.00% · other public 0.46%
- Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 and report of Auditors thereon:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.53%
Turnout: all 70.55% · promoters 94.70% · institutions 0.00% · other public 0.46%
- To appoint a Director in place of Ms. Raichel Mathew (DIN 09625593), in terms of Section 152 of the Companies Act, 2013 and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.10%
Turnout: all 70.55% · promoters 94.70% · institutions 0.00% · other public 0.46%
- To consider and approve issue of Non-Convertible DebenturesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.11%
Turnout: all 70.55% · promoters 94.70% · institutions 0.00% · other public 0.46%
- To consider and if thought fit, to pass with or without modifications the approval for Related Party TransactionsSpecialPromoters have an interest in it99.36% for0.64% against
Against: promoters 0.00% · institutions 0.00% · other public 0.64%
Turnout: all 0.12% · promoters 0.00% · institutions 0.00% · other public 0.46%
- Sale of Overseas Direct Investments (ODI) And Redemption of Foreign Currency Convertible Bonds (FCCBS):SpecialPromoters have an interest in it99.12% for0.88% against
Against: promoters 0.00% · institutions 0.00% · other public 0.88%
Turnout: all 0.12% · promoters 0.00% · institutions 0.00% · other public 0.46%
- To Consider and approve material Related Party Transaction (RPT) in respect of sale of Overseas Direct Investments (ODI):SpecialPromoters have an interest in it98.82% for1.18% against
Against: promoters 0.00% · institutions 0.00% · other public 1.18%
Turnout: all 0.12% · promoters 0.00% · institutions 0.00% · other public 0.46%
- To consider and approve to make investments, give loans, guarantees and securities in excess of limits specified under Section 186 of Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.87%
Turnout: all 70.55% · promoters 94.70% · institutions 0.00% · other public 0.46%
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 Sep 2022, 7 resolutions
Present: 2 promoters and 41 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 financial year ended on March 31, 2022 together with the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 6.34%
Turnout: all 70.47% · promoters 94.70% · institutions 0.00% · other public 0.17%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2022 together with the reports of Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.61%
Turnout: all 70.47% · promoters 94.70% · institutions 0.00% · other public 0.17%
- To appoint a Director in place of Ms. Saraswathy Subramanian (DIN 09276003), who retires by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.99%
Turnout: all 70.47% · promoters 94.70% · institutions 0.00% · other public 0.17%
- Appointment of Mr. Sunil Modak (DIN: 09623865) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.32%
Turnout: all 70.46% · promoters 94.70% · institutions 0.00% · other public 0.11%
- Appointment of Ms. Raji Chandrasekhar (DIN: 09623673) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.05%
Turnout: all 70.47% · promoters 94.70% · institutions 0.00% · other public 0.17%
- To consider and approve the requests received from M/s. Imperial Consultants Limited for re-classification from ‘Promoter and Promoter Group’ category to ‘Public’ categorySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.43%
Turnout: all 70.47% · promoters 94.70% · institutions 0.00% · other public 0.17%
- To approve Related Party TransactionsSpecialPromoters have an interest in it92.86% for7.14% against
Against: promoters 0.00% · institutions 0.00% · other public 7.14%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.17%
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, 29 Sep 2021, 6 resolutions
Present: 2 promoters and 29 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 financial year ended on March 31, 2021 together with the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 9.09%
Turnout: all 20.72% · promoters 27.81% · institutions 0.00% · other public 0.23%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2021 together with the reports of Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.61%
Turnout: all 20.72% · promoters 27.81% · institutions 0.00% · other public 0.19%
- To appoint a Director in place of Ms. Sunita Kotian (DIN 08699296), who retires by rotation pursuant to Section 152 of the Companies Act, 2013Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.01%
Turnout: all 20.72% · promoters 27.81% · institutions 0.00% · other public 0.19%
- Appointment of Mr. Jayakumar Rajaram (DIN: 09300654) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.01%
Turnout: all 20.72% · promoters 27.81% · institutions 0.00% · other public 0.19%
- Appointment of Mr. Suresh Ramamirtham (DIN: 09299459) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.01%
Turnout: all 20.72% · promoters 27.81% · institutions 0.00% · other public 0.19%
- To approve related Party TransactionsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 7.62%
Turnout: all 20.72% · promoters 27.81% · institutions 0.00% · other public 0.19%
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 Sep 2020, 8 resolutions
Present: 5 promoters and 130 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2020, together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.93%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.08%
- Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2020 and report of Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.93%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.08%
- To appoint a Director in place of Captain Rahul Bhargava (DIN 07618915), who retires by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 5.22%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.08%
- To consider and approve the appointment of AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.93%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.08%
- To appoint Mr. Rajesh Desai (DIN 08848625) as Non-Executive Director, liable to retire by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.93%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.08%
- Appointment of Ms. Sunita Kotian (DIN: 08699296) as a Non-executive, Non-Independent Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.35%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.07%
- To approve the Related Party Transaction for the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.99%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.07%
To approve to transfer, sell, lease or dispose-off (including but not limited to by way of organizing an auction sale), from time to time, one or more vessels, directly / indirectly owned by the Company within the borrowing limitsMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.96%
Turnout: all 70.44% · promoters 94.70% · institutions 0.00% · other public 0.07%
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.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax DepartmentSince 16 Sep 2022Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 26 Aug 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 15 Jan 2021Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 4 May 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 5 Jan 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 16 Apr 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 5 Jan 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 20 Apr 2024Awaited for hearing
9 more
- Tax disputeIncome Tax DepartmentSince 5 Jan 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 20 Apr 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 30 Aug 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 13 Dec 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 25 Apr 2024Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 2 Nov 2018Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 21 Jan 2019Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 31 Jan 2023Awaited for hearing
- Tax disputeIncome Tax DepartmentSince 7 Aug 2009Awaited for hearing
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
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.