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Filatex India MD, chairman, board of directors and AGM

NSE: FILATEXBSE: 526227Textiles & ApparelsSmall Cap

Last close ₹91.79down ₹4.97 (5.14%)BSE ₹91.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹96.76.

52-week range of traded prices to 23 Oct 2026
₹36.26Low, 30 Mar 2026₹114.58High, 7 Oct 2026
Market cap
₹4,076 Cr1,150th largest listed
P/E
21.3
P/B
2.7
Dividend yield
0.33%
ROE
13.5%
ROCE
16.4%
Debt to equity
0.09
Volume, NSE
29,96,75747.5% delivered

Filatex India 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

  • ChairpersonMADHU SUDHAN BHAGERIARelated to the promoter
  • Company Secretary and Compliance OfficerRAMAN KUMAR JHA

6 directors3 independent3 executive

  • MADHU SUDHAN BHAGERIA · ChairpersonExecutive · joined Jul 2003 · 1 listed board · 1 committee seat
  • PURRSHOTTAM BHAGGERIAExecutive · joined Jul 2003 · 1 listed board · 1 committee seat
  • MADHAV BHAGERIAExecutive · joined Jul 2003 · 1 listed board
  • RAJENDER MOHAN MALLAIndependent · joined Jul 2022 · reappointed Sep 2025 · 43 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 4 as chair
  • MEENAKSHI MALLIKIndependent · joined Aug 2024 · reappointed Sep 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • MANISH VIJIndependent · joined Aug 2024 · reappointed Sep 2025 · 22 months as independent · 2 listed boards · 2 as independent · 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

    • 1 May 20266 of 6 present3 independent · 82 days in between
    • 7 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair MEENAKSHI MALLIK

    MADHU SUDHAN BHAGERIA, RAJENDER MOHAN MALLA

    • 1 May 20263 of 3 present2 independent · 82 days in between
    • 7 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair RAJENDER MOHAN MALLA

    MADHU SUDHAN BHAGERIA, MEENAKSHI MALLIK

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair MEENAKSHI MALLIK

    PURRSHOTTAM BHAGGERIA, MANISH VIJ

    No meeting listed in the filing.

  • Risk Management Committee

    Chair MADHU SUDHAN BHAGERIA

    MEENAKSHI MALLIK, ASHOK CHAUHAN

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair MADHU SUDHAN BHAGERIA

    MEENAKSHI MALLIK, PURRSHOTTAM BHAGGERIA, MADHAV BHAGERIA, RAJENDER MOHAN MALLA

    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.

  • ARUN K GUPTA & ASSOCIATESPeer-review certificate valid to Dec 2027
1 earlier auditor
  • R N MARWAH & CO 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.

Filatex India 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.Filatex India dividend history

Annual general meeting, 22 Sep 2026

86,769 shareholders on the register on 15 Sep 2026; present: 15 promoters and 44 others; votes counted by K. O. Siddiqui / Siddiqui & Associates.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone Financial Statement of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.81% · promoters 98.66% · institutions 47.78% · other public 2.05%

  2. Adoption of the Audited Consolidated Financial statement of the Company for the Financial Year ended March 31, 2026 and the report of Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.84% · promoters 98.66% · institutions 48.05% · other public 2.05%

  3. Declaration of dividend on equity shares for the Financial Year ended March 31, 2026
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.30% · other public 0.01%

    Turnout: all 69.84% · promoters 98.66% · institutions 48.05% · other public 2.05%

  4. Re-appointment of Shri Madhav Bhageria, Managing Director of the Company, liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.04% · other public 0.21%

    Turnout: all 69.84% · promoters 98.66% · institutions 48.05% · other public 2.05%

  5. Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2027
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.59%

    Turnout: all 69.76% · promoters 98.66% · institutions 47.25% · other public 2.05%

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, 13 resolutions

1,06,058 shareholders on the register on 19 Sep 2025; present: 14 promoters and 31 others; votes counted by K. O. Siddiqui / Siddiqui & Associates.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standlone Financial statement of the Company for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 71.97% · promoters 100.00% · institutions 88.93% · other public 1.81%

  2. Adoption of the Audited Consolidated Financial statement of the Company for the Financial Year ended March 31, 2025 and the report of Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  3. Declaration of dividend on equity shares for the Financial Year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  4. Re-appointment of Mr. Purrshottam Bhaggeria, Managing Director of the Company, liable to retire by rotation
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.26% · other public 0.20%

    Turnout: all 39.97% · promoters 51.03% · institutions 89.33% · other public 1.81%

  5. Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  6. Re-Appointment of Mr. Rajender Mohan Malla (DIN: 00136657) as an Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.26% · other public 0.21%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  7. Re-Appointment of Mr. Manish Vij (DIN: 00505422) as an Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.23% · other public 0.20%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  8. Re-appointment of Mr. Madhu Sudhan Bhageria (DIN:00021934) as Chairman & Managing Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.23% · other public 0.21%

    Turnout: all 39.13% · promoters 49.75% · institutions 89.33% · other public 1.81%

  9. Re-appointment of Mr. Purrshottam Bhaggeria (DIN: 00017938) as Vice Chairman & Managing Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.23% · other public 0.21%

    Turnout: all 39.97% · promoters 51.03% · institutions 89.33% · other public 1.81%

  10. Re-appointment of Mr. Madhav Bhageria (DIN: 00021953) as Managing Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.23% · other public 0.21%

    Turnout: all 40.28% · promoters 51.50% · institutions 89.33% · other public 1.81%

  11. Appointment of Secretarial Auditor for 5 consecutive years from the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  12. Approval of Alteration in the object clause of the Memorandum of Association of the Company
    Special
    99.42% for0.58% against

    Against: promoters 0.00% · institutions 6.90% · other public 0.09%

    Turnout: all 72.00% · promoters 100.00% · institutions 89.33% · other public 1.81%

  13. To advance loan(s), to give guarantee(s) and provide security(ies) in terms of Sections 185 of the Companies Act, 2013
    Special
    94.69% for5.31% against

    Against: promoters 0.00% · institutions 44.64% · other public 0.16%

    Turnout: all 47.62% · promoters 63.37% · institutions 83.17% · other public 1.81%

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, 27 Sep 2024, 7 resolutions

Present: 16 promoters and 35 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited FinancialnStatements of the Company for thenFinancial Year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.58% · promoters 100.00% · institutions 86.48% · other public 4.72%

  2. Declaration of dividend fornthe Financial Year ended on March 31,n2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.61% · promoters 100.00% · institutions 86.84% · other public 4.72%

  3. Re-appointment of ShrinMadhav Bhageria, Whole-Time Directornof the Company, designated as JointnManaging Director, liable to retire bynrotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 40.94% · promoters 51.10% · institutions 86.84% · other public 4.72%

  4. Ratification of remunerationnof Cost Auditors for the Financial Yearnending March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 72.61% · promoters 100.00% · institutions 86.84% · other public 4.72%

  5. Appointment of Ms. MeenakshinMallik (DIN: 08524108) as an IndependentnDirector
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 72.61% · promoters 100.00% · institutions 86.84% · other public 4.72%

  6. Approval of remuneration ofnrelated party, Ms. Stuti Bhageria holdingnoffice or place of profit
    Ordinary
    98.89% for1.11% against

    Against: promoters 0.00% · institutions 10.01% · other public 0.13%

    Turnout: all 59.10% · promoters 79.15% · institutions 86.84% · other public 4.72%

  7. Appointment of Mr. ManishnVij (DIN: 00505422) as an IndependentnDirector
    Special
    100.00% for0.00% against

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

    Turnout: all 72.61% · promoters 100.00% · institutions 86.84% · other public 4.71%

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, 27 Sep 2023, 4 resolutions

Present: 12 promoters and 39 others.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statementsnof the Company for the financial year ended March 31,n2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.03% · promoters 100.00% · institutions 11.17% · other public 2.04%

  2. Declaration of dividend for the financial yearnended on March 31, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.05% · promoters 100.00% · institutions 11.54% · other public 2.03%

  3. Re-appointment of Shri PurrshottamnBhaggeria, Whole-time Director of the Company,ndesignated as Joint Managing Director, liable to retirenby rotation
    OrdinaryPromoters have an interest in it
    98.08% for1.92% against

    Against: promoters 0.00% · institutions 94.43% · other public 0.32%

    Turnout: all 34.30% · promoters 50.98% · institutions 11.54% · other public 2.03%

  4. Ratification of remuneration of Cost Auditorsnfor the financial year ending March 31, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.05% · promoters 100.00% · institutions 11.54% · 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.

Postal ballot, 14 Dec 2022, 2 resolutions

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

  1. Sub-division of Equity Shares of the Company from the Face Value of Rs. 2/- Per Equity Share to Rs. 1/- Per Equity Share
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.19% · promoters 93.68% · institutions 83.90% · other public 0.47%

  2. Alteration of the Capital Clause in the Memorandum of Association
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 66.19% · promoters 93.68% · institutions 83.90% · other public 0.47%

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, 27 Sep 2022, 6 resolutions

Present: 12 promoters and 42 others.The company's voting result (opens in a new tab)

  1. The Audited Financial Statements, Independent Auditors’ Report thereon, Directors’ Report, Corporate Governance Report, Secretarial Auditor’s Report and other annexures therewith for the Financial Year 2021-22MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.90% · promoters 100.00% · institutions 99.99% · other public 5.20%

  2. Declaration of dividend of Rs.0.20 (Twenty Paisa) per Equity share of Rs.2/- each for the Financial Year ended 31st March, 2022
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.93% · promoters 100.00% · institutions 99.99% · other public 5.30%

  3. Appointment of Shri Ashok Chauhan, (DIN: 00253049) Wholetime Director, retiring by rotation
    Ordinary
    98.72% for1.28% against

    Against: promoters 0.00% · institutions 0.00% · other public 61.24%

    Turnout: all 70.79% · promoters 100.00% · institutions 99.99% · other public 4.83%

  4. Re-appointment of M/s Arun K. Gupta & Associates, Chartered Accountants as the Statutory Auditors of the Company for a period of five years from the financial year 2022-2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.93% · promoters 100.00% · institutions 99.99% · other public 5.30%

  5. Ratification of remuneration of Cost Auditors for the financial year ending March 31, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.93% · promoters 100.00% · institutions 99.99% · other public 5.30%

  6. Appointment of Shri Rajender Mohan Malla (DIN:00136657) as Independent Director of the Company for a period of three years w.e.f. 27th July, 2022
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 70.93% · promoters 100.00% · institutions 99.99% · other public 5.30%

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, 20 Jul 2022, 4 resolutions

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

  1. Re-appointment of Shri Madhu Sudhan Bhageria (DIN:00021934) as Managing Director of the Company, designated as Chairman & Managing Director for a period of 3 years w.e.f. 30.07.2022
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 38.05% · promoters 49.31% · institutions 99.59% · other public 5.05%

  2. Re-appointment of Shri Purrshottam Bhaggeria (DIN:00017938) as Wholetime Director, designated as Joint Managing Director of the Company for a period of 3 years w.e.f. 30.07.2022
    SpecialPromoters have an interest in it
    97.40% for2.60% against

    Against: promoters 0.00% · institutions 0.00% · other public 66.01%

    Turnout: all 39.12% · promoters 50.95% · institutions 99.59% · other public 5.05%

  3. Re-appointment of Shri Madhav Bhageria (DIN:00021953) as Wholetime Director, designated as Joint Managing Director of the Company for a period of 3 years w.e.f. 30.07.2022
    SpecialPromoters have an interest in it
    97.38% for2.62% against

    Against: promoters 0.00% · institutions 0.00% · other public 66.72%

    Turnout: all 39.20% · promoters 51.08% · institutions 99.59% · other public 5.05%

  4. Re-appointment of Shri Ashok Chauhan (DIN: 00253049) as Wholetime Director of the Company for a further period of 2 years w.e.f. 01.05.2022
    Special
    98.56% for1.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 71.11%

    Turnout: all 70.89% · promoters 100.00% · institutions 99.59% · other public 4.69%

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

Annual general meeting, 24 Sep 2021, 5 resolutions

Present: 7 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statements, Independent Auditors’ Report thereon, Corporate Governance Report, Secretarial Auditor’s Report and other annexures therewith for the financial year 2020-21MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.48% · promoters 99.84% · institutions 0.00% · other public 9.23%

  2. To approve dividend for the Financial Year ended on March 31, 2021
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.49% · promoters 99.84% · institutions 0.00% · other public 9.25%

  3. To re-appoint Shri Madhav Bhageria, Joint Managing Director & CFO as a Director of the Company, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    98.43% for1.57% against

    Against: promoters 0.00% · institutions 0.00% · other public 19.47%

    Turnout: all 35.31% · promoters 50.14% · institutions 0.00% · other public 9.25%

  4. To ratify the remuneration of Cost Auditors for the Financial Year ending March 31, 2022
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.49% · promoters 99.84% · institutions 0.00% · other public 9.25%

  5. Issue of 28,00,000 Equity Shares of Rs. 2 each to Promoter Group on preferential basis
    SpecialPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 13.30% · promoters 16.14% · institutions 0.00% · other public 9.25%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 22 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Adoption of the Audited Standalone Financial Statement of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon
    1 for0 against
  • Adoption of the Audited Consolidated Financial statement of the Company for the Financial Year ended March 31, 2026 and the report of Auditors thereon
    1 for0 against
  • Declaration of dividend on equity shares for the Financial Year ended March 31, 2026
    1 for0 against
  • Re-appointment of Shri Madhav Bhageria, Managing Director of the Company, liable to retire by rotation
    1 for0 against
  • Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2027
    1 for0 against

Mutual fund votes, meeting of 26 Sep 2025, 2 fund houses

  • Adoption of the Audited Standlone Financial statement of the Company for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon
    2 for0 against
  • Adoption of the Audited Consolidated Financial statement of the Company for the Financial Year ended March 31, 2025 and the report of Auditors thereon
    2 for0 against
  • Declaration of dividend on equity shares for the Financial Year ended March 31, 2025
    2 for0 against
  • Re-appointment of Mr. Purrshottam Bhaggeria, Managing Director of the Company, liable to retire by rotation
    2 for0 against
  • Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2026
    2 for0 against
  • Re-Appointment of Mr. Rajender Mohan Malla (DIN: 00136657) as an Independent Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern identified on the merit of proposed appointees. Re-appointment not in accordance with Companies Act, 2013: Prior approval of shareholders is not obtained for re-appointment as an ID.
    1 for1 against
  • Re-Appointment of Mr. Manish Vij (DIN: 00505422) as an Independent Director
    2 for0 against
  • Re-appointment of Mr. Madhu Sudhan Bhageria (DIN:00021934) as Chairman & Managing Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed director. Governance concern: The proposed appointee is holding combined position of Chairman and Managing Director, which may lead to concentration of power in the hands of single person.
    1 for1 against
  • Re-appointment of Mr. Purrshottam Bhaggeria (DIN: 00017938) as Vice Chairman & Managing Director of the Company
    2 for0 against
  • Re-appointment of Mr. Madhav Bhageria (DIN: 00021953) as Managing Director of the Company
    2 for0 against
  • Appointment of Secretarial Auditor for 5 consecutive years from the Financial Year 2025-26
    2 for0 against
  • Approval of Alteration in the object clause of the Memorandum of Association of the Company
    2 for0 against
  • To advance loan(s), to give guarantee(s) and provide security(ies) in terms of Sections 185 of the Companies Act, 2013
    Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with Section 185 of the Companies Act: Inadequate disclosures w.r.t. the particulars mandated u/s 185 of Companies Act, 2013. Governance concern: Enabling Approval with Inadequate disclosures – Generic justification and non-disclosure of the other entity/person recipient(s) of the investments, loans, guarantees and security.
    0 for2 against
1 earlier meeting

Mutual fund votes, meeting of 27 Sep 2023, 1 fund house

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

  • Adoption of audited financial statementsnof the Company for the financial year ended March 31,n2023
    1 for0 against
  • Declaration of dividend for the financial yearnended on March 31, 2023
    1 for0 against
  • Ratification of remuneration of Cost Auditorsnfor the financial year ending March 31, 2024
    1 for0 against
1 proposal not matched to one resolution
  • Re-appointment of Shri Purrshottam Bhaggeria, (DIN: 00017938), Whole-time Director of the Company, designated as Joint Managing Director, who retires by rotation and being eligible, offers himself for re-appointment.MoreLess
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyOffice of the Assistant Commissioner, CGST & Central Excise, Circle-IX (Bharuch), Vadodara Audit CommissionerateSince 9 Jun 2026

    FAR No. 85/2026-27 under GST Audit (Sec 65, CGST Act) for FY 2020-21 to 2023-24

    ITC on invoices missing from GSTR-2A, ITC in wrong head, excess ITC, GST on used oil sale, blocked ITC on capitalized building, RCM on foreign bank charges, 180-day supplier payment delay, ineligible ITC, delayed debit notes, wrong-head ITC reversal, wrongly adjusted credit notes.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

At most 1 complaint open, quarter to Jun 2025.
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.