Everest Industries CEO, MD, chairman, board of directors and AGM
NSE: EVERESTINDBSE: 508906Other Construction MaterialsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹485.35.
- Next results date: the board meets on 26 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.
- ₹747 Cr1,748th 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.
- Lossover the last 12 months
- 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 26 May 2026
- 1.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.21%
- 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 27 Jul 2026
- −0.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹78 crore of one-off items, the largest of them in the quarter to Jun 2026.
- −14.5%
- 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 27 Jul 2026
- −8.2%
- 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 26 May 2026
- 0.26
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 15,41339.3% delivered
Everest Industries 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
- ChairpersonAnant Jaivant Talaulicar
- Managing director and CEOHemant Khurana
- Company Secretary and Compliance OfficerAmruta Avasare
7 directors5 independent1 executive1 non-executive
- Anant Jaivant Talaulicar · ChairpersonIndependent · joined Nov 2019 · reappointed Nov 2024 · 82 months as independent · 5 listed boards · 4 as independent · 9 committee seats, 2 as chair
- Padmini SekhsariaNon-executive · joined Feb 2019 · reappointed Feb 2019 · 1 listed board
- Rajendra Prabhakar ChitaleIndependent · joined Jan 2019 · reappointed Jan 2019 · 92 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 2 as chair
- Alok Mahinder NandaIndependent · joined Jan 2019 · reappointed Jan 2019 · 92 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Ashok Kumar BaratIndependent · joined Mar 2024 · reappointed Mar 2024 · 30 months as independent · 7 listed boards · 7 as independent · 8 committee seats, 5 as chair
- Bijal AjinkyaIndependent · joined Mar 2024 · reappointed Mar 2024 · 30 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 1 as chair
- Hemant Khurana · Managing director and CEOExecutive · joined Sep 2025 · 1 listed board · 2 committee seats
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.
1 director who left
- Rajesh Arvind Joshi, left 12 Sep 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 27 Jul 20267 of 7 present5 independent · 61 days in between
- 26 May 20267 of 7 present5 independent
Audit Committee
Chair Rajendra Prabhakar Chitale
Anant Jaivant Talaulicar, Ashok Kumar Barat, Hemant Khurana
- 27 Jul 20264 of 4 present3 independent · 61 days in between
- 26 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Ashok Kumar Barat
Padmini Sekhsaria, Anant Jaivant Talaulicar, Bijal Ajinkya
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Alok Mahinder Nanda
Anant Jaivant Talaulicar, Hemant Khurana
No meeting listed in the filing.
Risk Management Committee
Chair Ashok Kumar Barat
Rajendra Prabhakar Chitale, Anant Jaivant Talaulicar, Hemant Khurana
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Anant Jaivant Talaulicar
Padmini Sekhsaria, Alok Mahinder Nanda, Hemant Khurana
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.
- S R B C & Co LLPPeer-review certificate valid to Feb 2029
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.
Everest Industries 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.Everest Industries dividend history
Annual general meeting, 3 Aug 2026
18,350 shareholders on the register on 27 Jul 2026; present: 1 promoter and 68 others; votes counted by Jigyasa N. Ved / Parikh & Associates.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Declaration of a Final Dividend of Re. 1 per equity share of face value of Rs.10 each of the Company for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Appointment of Ms. Padmini Sekhsaria (DIN: 00046486) as a Director liable to retire by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
Appointment of M/s. Price Waterhouse Chartered Accountants LLP (Firm Registration Number: 012754N/ N500016), Chartered Accountants, as the Statutory Auditors of the Company to hold office for a first term of five consecutive years from the conclusion of the 93rd Annual General Meeting of the Company till the conclusion of the 98th Annual General Meeting of the CompanyMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of remuneration to Mr. Anant Talaulicar (DIN: 00031051), Non-Executive Independent Chairman of the Company for the FY 2025-26Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of remuneration to Mr. Rajendra Chitale (DIN: 00015986), Non-Executive Independent Director of the Company for the FY 2025-26Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of remuneration to Mr. Alok Nanda (DIN:02149755), Non-Executive Independent Director of the Company for the FY 2025-26Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of remuneration to Mr. Ashok Kumar Barat (DIN: 00492930), Non-Executive Independent Director of the Company for the FY 2025-26Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of remuneration to Ms. Bijal Ajinkya (DIN: 01976832), Non-Executive Independent Director of the Company for the FY 2025-26Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of commission to the Non-Executive Directors of the Company for a period of five (5) years w.e.f. April 1, 2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Approval for the payment of commission to Mr. Anant Talaulicar (DIN: 00031051), Non-Executive Independent Chairman for the FY 2026-27Special99.88% for0.12% against
Against: promoters 0.00% · institutions 0.74% · other public 0.35%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
- Ratification of remuneration of M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration Number: 000010), the Cost Auditors for the financial year ending March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 60.35% · promoters 100.00% · institutions 98.27% · other public 0.29%
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, 18 Sep 2025, 8 resolutions
19,734 shareholders on the register on 11 Sep 2025; present: 1 promoter and 67 others; votes counted by Jigyasa N. Ved / Parikh & Associates.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 60.27% · promoters 100.00% · institutions 98.81% · other public 0.15%
- Declaration of Final Dividend on equity shares for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
- Appointment of Ms. Padmini Sekhsaria (DIN: 00046486) as a Director liable to retire by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
- Approval for payment of commission to Mr. Anant Talaulicar (DIN: 00031051) Non-Executive Independent Chairman for the financial year 2025-26Special99.43% for0.57% against
Against: promoters 0.00% · institutions 3.37% · other public 2.00%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
- Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
- Appointment of M/s. Parikh & Associates, Practising Company Secretaries as Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
- Amendments to the Employees’ Stock Option Scheme-2021Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
- Appointment of Mr. Hemant Khurana (DIN : 08652827), as a Managing Director & Chief Executive Officer of the Company for a period of 3 consecutive years w.e.f. September 13, 2025Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.71%
Turnout: all 60.28% · promoters 100.00% · institutions 98.87% · other public 0.15%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Aug 2024, 6 resolutions
Present: 1 promoter and 65 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.55% · promoters 100.00% · institutions 97.80% · other public 5.14%
- Declaration of Final Dividend of Rs.2.50/- Equity Share of face value of Rs.10/- each of the Company for the Financial Year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.55% · promoters 100.00% · institutions 97.86% · other public 5.14%
- Appointment of Ms. Padmini Sekhsaria (DIN: 00046486) as a Director liable to retire by rotationOrdinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.72% · other public 0.00%
Turnout: all 62.55% · promoters 100.00% · institutions 97.86% · other public 5.14%
- Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.55% · promoters 100.00% · institutions 97.86% · other public 5.14%
Re-appointment of Mr. Anant Talaulicar (DIN: 00031051), as a Non-Executive Independent Director (Chairman) of the Company for the second consecutive term of five consecutive years w.e.f. November 21, 2024MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 62.55% · promoters 100.00% · institutions 97.86% · other public 5.14%
- Approval for payment of commission to Mr. Anant Talaulicar, Non-Executive Independent Chairman for the financial year 2024-25Special99.31% for0.69% against
Against: promoters 0.00% · institutions 4.17% · other public 0.09%
Turnout: all 62.55% · promoters 100.00% · institutions 97.86% · other public 5.14%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 2 May 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Ashok Kumar Barat (DIN: 00492930) as a Non-Executive Independent Director of the Company for a first term of five consecutive years w.e.f. March 19, 2024Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.83%
Turnout: all 61.36% · promoters 100.00% · institutions 98.47% · other public 2.04%
- Appointment of Ms. Bijal Tushar Ajinkya (DIN: 01976832) as a Non-Executive Independent Director of the Company for a first term of five consecutive years w.e.f. March 19, 2024Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.83%
Turnout: all 61.36% · promoters 100.00% · institutions 98.47% · other public 2.04%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Aug 2023, 8 resolutions
Present: 1 promoter and 84 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 62.92% · promoters 100.00% · institutions 98.67% · other public 5.35%
- Declaration of Final Dividend on equity shares for the financial year ended March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
- Appointment of Mr. Rajesh Joshi (DIN: 08855031), as a Director liable to retire by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
- Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
- Approval for payment of commission to Mr. Anant Talaulicar, Non-Executive Chairman for the nFinancial Year 2023-24Special99.11% for0.89% against
Against: promoters 0.00% · institutions 5.36% · other public 0.05%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
- Re-appointment of Mr. Rajendra Chitale (DIN: 00015986), as a Non-Executive Independent nDirector of the Company for the second consecutive term of five consecutive years w.e.f. January 23, 2024Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
- Re-appointment of Mr. Alok Nanda (DIN : 02149755), as a Non-Executive Independent Director of the Company for the second consecutive term of five consecutive years w.e.f. January 23, 2024Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
- Re-appointment of Mr. Rajesh Joshi (DIN: 08855031) as a Managing Director & Chief Executive Officer of the Company for a period of 3 years, w.e.f. 01-09-2023Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 62.93% · promoters 100.00% · institutions 98.74% · other public 5.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Aug 2022, 6 resolutions
Present: 1 promoter and 59 others.The company's voting result (opens in a new tab)
- (1a) Adoption of Audited Standalone Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.09% · promoters 100.00% · institutions 91.65% · other public 2.96%
- (1b) Adoption of Audited Consolidated Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.09% · promoters 100.00% · institutions 91.65% · other public 2.96%
- Declaration of dividend on Equity Shares for the financial year ended March 31, 2022Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.21% · promoters 100.00% · institutions 93.36% · other public 2.96%
- Appointment of Ms. Padmini Sekhsaria (DIN 00046486) as a Director, liable to retire by rotationOrdinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.95% · other public 0.93%
Turnout: all 58.21% · promoters 100.00% · institutions 93.36% · other public 2.96%
- Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 58.21% · promoters 100.00% · institutions 93.36% · other public 2.96%
- Approval for payment of commission to Mr. Anant Talaulicar, Non-Executive Chairman for the financial year 2022-23Special98.33% for1.67% against
Against: promoters 0.00% · institutions 15.32% · other public 0.07%
Turnout: all 58.21% · promoters 100.00% · institutions 93.36% · other public 2.96%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Aug 2021, 8 resolutions
Present: 1 promoter and 71 others.The company's voting result (opens in a new tab)
- 1(a) Adoption of audited standalone Financial Statements 1(b) Adoption of audited consolidated Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
- Declaration of dividend on Equity Shares for the financial year ended March 31, 2021Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
- Appointment of Mr. Narotam Sekhsaria (DIN 00276351) as a Director, liable to retire by rotationOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.45%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
- Appointment of M/s. S R B C & CO LLP, Chartered Accountants as Auditors of the CompanyOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.36%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.34%
- Appointment of Mr. Rajesh Joshi (DIN 08855031), as Director and as Managing Director & Chief Executive Officer of the CompanySpecial99.77% for0.23% against
Against: promoters 0.00% · institutions 11.46% · other public 2.32%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
- Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 2022Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 2.30%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
- Approval of Employees’ Stock Option Scheme 2021Special98.20% for1.80% against
Against: promoters 0.00% · institutions 100.00% · other public 0.95%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
- Approval for payment of commission to Mr. Anant Talaulicar, Non-Executive Chairman for the financial year 2021-22Special98.20% for1.80% against
Against: promoters 0.00% · institutions 100.00% · other public 1.41%
Turnout: all 52.29% · promoters 100.00% · institutions 51.05% · other public 1.35%
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 Mar 2021, 2 resolutions
The company's voting result (opens in a new tab)
- Approval for payment of commission to Mr. Anant Talaulicar, Non-Executive Chairman for the financial year 2020-21Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 6.05%
Turnout: all 50.95% · promoters 100.00% · institutions 0.00% · other public 0.44%
- Approval for payment of commission payable to Non-Executive DirectorsSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 6.06%
Turnout: all 50.95% · promoters 100.00% · institutions 0.00% · other public 0.44%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 25 Aug 2022, 1 fund house
- (1a) Adoption of Audited Standalone Financial Statements1 for0 against
- Declaration of dividend on Equity Shares for the financial year ended March 31, 20221 for0 against
- Appointment of Ms. Padmini Sekhsaria (DIN 00046486) as a Director, liable to retire by rotation1 for0 against
- Ratification of remuneration of the Cost Auditors for the financial year ending March 31, 20231 for0 against
- Approval for payment of commission to Mr. Anant Talaulicar, Non-Executive Chairman for the financial year 2022-231 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeThe State Goods and Services Tax (SGST) Department, Government of IndiaSince 31 Aug 2026Reply filed on September 30, 2026 and awaiting for the appropriate order to be passed by the authority
At the filing before: The Show Cause Notice raises the following major concerns: a) Discharge of CGST & SGST liabilities without due interest b) Issuance of Credit Notes beyond time limit c) Receipts of Credit Notes for inward supplies & reduction of ITC thereon. d) Availed blocked Credit under Section 17 (5) of CGST/SGST Act e) Disallowance of Input Tax Credit on contravention of Section 16 (2) (c) of CGST/SGST Act f) Liability under RCM transactions The GST Department has raised objections as stated above by the Company for the financial Year 2020-21, amounting to Total demand of Rs. 3,89,21,097/- (Tax - Rs. 1,30,83,256/- + Interest Rs. 1,27,54,585/- + Penalty Rs. 1,30,83,256/-) under Section 74 of CGST & OGST Act, 2017.MoreLess
- Tax disputeAdditional Commissioner CGST, Range-V, Roorkee, DehradunSince 4 Feb 2025Appeal filed before GSTAT on July 9, 2026 against the order passed by Additional Commissioner CGST
At the filing before: Against the appeal filed on April 30, 2025, Order was passed by Office of the Commissioner, CGST (Appeals), Dehradun on April 8, 2026 wherein the Tax demand plus applicable interest under section 50 of GST Act, 2017 has been reduced by Rs. 3.09 lakhs and thus, the Tax demand plus applicable interest under section 50 of GST Act, 2017 of Rs. 2.94 Crores now stands reduced to Rs. 2.91 Crores. The amount of penalty of Rs. 2.94 Crores remains the same. The Company is planning to contest the said order.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
- 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.