Go Fashion (India) CEO, MD, chairman, board of directors and AGM

Mutual fund votes, meeting of 4 Sep 2025, 16 fund houses

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

• To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors’ thereon.MoreLess

  15 for0 against
• Re-Appointment of Mr.Prakash Kumar Saraogi (DIN:00496255) as a Director liable to retire by rotation

  15 for0 against
• Re-appointment of Mr. Srinivasan Sridhar (DIN: 00004272) as an Independent Director of the Company for a second term of 5 (five) consecutive years

  15 for0 against
• Re-appointment of Mr. Dinesh Madanlal Gupta, (DIN: 00126225) as an Independent Director of the Company for a second term of 5 (five) consecutive years

  ›Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Director holds 2 full-time positions; Chairperson of Audit Committee and NRC Committee.
  • Nippon India Mutual FundGovernance concern: Director holds 2 full-time positions; Chairperson of Audit Committee and NRC Committee.

  12 for3 against
• Re-appointment of Mrs. Rohini Manian, (DIN: 07284932) as an Independent Director of the Company for a second term of 5 (five) consecutive years

  ›Against Axis Mutual Fund, Bandhan Mutual Fund, Canara Robeco Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund, Taurus Mutual Fund, WhiteOak Capital Mutual Fund

  • Axis Mutual FundMs. Rohini Manian, 32, is currently Chief Executive Officer at Global Adjustments Services Private Limited – a relocation and realty services firm focused in providing support for expatriate families and Indians with real estate needs. She has over 11 years of experience in real estate and management space. She has served on the board as an Independent Director since 30 June 2021. She attended only two out of five board meetings in FY25 (40%) and eight out of 13 board meetings in the last three financial years (62%). We expect directors to attend all board meetings and at the very least attend 75% of the board meetings in three financial years from the year of reappointment. Given the low attendance levels, we do not support her reappointment
  • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Low attendance at Board Meetings in FY 24-25 and no clarification regarding absence.
  • Canara Robeco Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund, Taurus Mutual FundMs. Rohini Manian, 32, is currently Chief Executive Officer at Global Adjustments Services Private Limited – a relocation and realty services firm focused in providing support for expatriate families and Indians with real estate needs. She has over 11 years of experience in real estate and management space. She has served on the board as an Independent Director since 30 June 2021. She attended only two out of five board meetings in FY25 (40%) and eight out of 13 board meetings in the last three financial years (62%). We expect directors to attend all board meetings and at the very least attend 75% of the board meetings in three financial years from the year of reappointment. Given the low attendance levels, we do not support her reappointment.
  • Nippon India Mutual FundGovernance concern: Low attendance at Board Meetings in FY 24-25 and no clarification regarding absence.
  • WhiteOak Capital Mutual FundMs. Rohini Manian, 32, is currently Chief Executive Officer at Global Adjustments Services Private Limited She attended only two out of five board meetings in FY25 (40%) and eight out of 13 board meetings in the last three financial years (62%). Given the low attendance levels, we do not support her reappointment.

  6 for10 against
• Re-appointment of Mr. Prakash Kumar Saraogi, (DIN: 00496255) as Managing Director of the Company for a term of 5 (five) consecutive years

  16 for0 against
• Re-appointment of Mr. Gautam Saraogi, (DIN: 03209296) as the Executive Director of the Company for a term of 5 (five) consecutive years

  15 for0 against
• Appointment of Mr.Vinod Kumar Saraogi (DIN: 00496254) as Director (Non-Executive Non-Independent) of the Company

  15 for0 against
• Payment of remuneration by way of Independent Director Fees to Mr. Srinivasan Sridhar (DIN:00004272), Non-Executive Independent Director for the Financial Year 2025-26, above fifty percent of the total annual remuneration payable to all the Non-Executive Directors of the CompanyMoreLess

  ›Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: Inadequate justification.
  • Nippon India Mutual FundGovernance concern: Inadequate justification.

  12 for3 against
• Appointment of Sridharan & Sridharan Associates as Secretarial Auditors of the Company and to fix their remuneration.

  ›Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment Compliant with law. Transparency Concern: Previous Auditor’s remuneration has not been disclosed, therefore, Material Change, if any, in the Audit Fee proposed vs outgoing auditor’s audit fee cannot be ascertained.
  • Nippon India Mutual FundTransparency Concern: Previous Auditor’s remuneration has not been disclosed, therefore, Material Change, if any, in the Audit Fee proposed vs outgoing auditor’s audit fee cannot be ascertained.

  13 for3 against

Mutual fund votes, meeting of 7 Aug 2024, 11 fund houses

• To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and Auditors’ thereonMoreLess

  11 for0 against
• To appoint a Director in place of Mr. Gautam Saraogi (DIN:03209296) who retires by rotation and being eligible offers himself for reappointment.

  11 for0 against
• Appointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditor of the Company

  ›Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual Fund

  • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual FundAppointment compliant with law. Governance concern: No adequate justification for the Material changes in the Audit remuneration

  7 for4 against
• Payment of remuneration by way of Independent Director Fees to Mr. Srinivasan Sridhar (DIN:00004272), Non-Executive Independent Director for the Financial Year 2024-25, above fifty percent of the total annual remuneration payable to all the Non-Executive Directors of the CompanyMoreLess

  ›Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual Fund

  • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual FundCompliant with Law. Governance concern: Inadequate justification.

  7 for4 against

Mutual fund votes, meeting of 5 Sep 2023, 14 fund houses

• To receive, consider and adopt the Standalone AuditednFinancial Statements of the Company for the financialnyear ended 31st March 2023 together with the Reportsnof the Board of Directors and Auditors’ thereonMoreLess

  13 for0 against

  1 abstained

• Re-Appointment of Mr.Rahul Saraogi (00496259) asna Director liable to retire by rotation

  13 for0 against

  1 abstained

• Payment of remuneration by way of IndependentnDirector Fees to Mr.Srinivasan Sridharn(DIN:00004272), Non- Executive IndependentnDirector for the Financial Year 2023-24, above fiftynpercent of the total annual remuneration payablento all the Non-Executive Directors of the CompanyMoreLess

  ›Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, PGIM India Mutual Fund

  • Kotak Mahindra Mutual FundThough it is legally compliant and amount is quite nominal (0.2% of FY23 PAT), the company has fixed the remuneration for FY 2023-24 for Independent Director in advance when it should be fixed at the end of the year. Moreover the company has not given proper clarification as to why Mr. Srinivasan Sridhar is being paid 3 times the remuneration of other Independent Directors. Hence voting against.
  • Motilal Oswal Mutual Fund, PGIM India Mutual FundGovernance concern: Differential practice of remunerating to Independent Directors is not in spirit of law. Inadequate justification.
  • Nippon India Mutual FundDifferential remuneration practice

  9 for4 against

  1 abstained

Mutual fund votes, meeting of 12 Sep 2022, 12 fund houses

• To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2022 together with the Reports of the Board of Directors and Auditors thereonMoreLess

  12 for0 against
• To appoint a Director in place of Mr.Prakash Kumar Saraogi (00496255) who retires by rotation and being eligible offers himself for reappointment

  12 for0 against
• Approval from members for nomination of one Investor Nominee Director as required under clause 105A of Articles of Association of the Company

  ›Against Axis Mutual Fund, Bank of India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund

  • Axis Mutual FundOur concern emanates from that nominee not being liable to retire by rotation
  • Bank of India Mutual FundWe recognize Sequoia Capital India Investments IV’s (Sequoia) right to nominate one director till they have a 10% shareholding – on 30 June 2022, it was 13.9%. However, our concern emanates from that nominee not being liable to retire by rotation – this gives Sequoia’s nominee board permanency, which we do not support.
  • HDFC Mutual FundThe shareholders would not get a chance to periodically review the appointment of a nominee director as they are not liable to retire by rotation
  • SBI Mutual FundWe do not support appointment of nominee directors for perpetuity. While we recognise that there is a threshold of shareholding available, we expect minority shareholders to retain the right to revisit the board appointment decisions after a period of time.

  8 for4 against
• Increase in payment of remuneration by way of Independent Director Fees to Mr.Srinivasan Sridhar (DIN 00004272) , Non- Executive Director for the Financial Year 2022-23, above fifty percent of the total annual remuneration payable to all the Non-Executive Directors of the CompanyMoreLess

  ›Against Nippon India Mutual Fund

  • Nippon India Mutual FundDifferential practice of remunerating to Independent Directors

  11 for1 against
• Reclassification of Authorised Share Capital and Consequent Alteration of Memorandum of Association

  12 for0 against