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Gulshan Polyols CEO, MD, chairman, board of directors and AGM

NSE: GULPOLYBSE: 532457Agricultural Food & other ProductsSmall Cap

Last close ₹151.11down ₹6.38 (4.05%)BSE ₹151.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹157.49.

52-week range of traded prices to 23 Oct 2026
₹121.50Low, 2 Feb 2026₹227.63High, 7 Aug 2026
Market cap
₹942 Cr1,456th largest listed
P/E
6.4
P/B
1.3
Dividend yield
0.99%
ROE
22.1%
ROCE
22.6%
Debt to equity
0.43
Volume, NSE
1,37,27848.5% delivered

Gulshan Polyols 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

  • Chairperson and managing directorChandra Kumar Jain
  • Managing directorArushi Jain
  • Managing directorAditi Pasari
  • Chief executiveAshwani Kumar Vats
  • Company Secretary and Compliance OfficerMs. Reetika Pant

10 directors5 independent4 executive1 non-executive

  • Chandra Kumar Jain · Chairperson and managing directorExecutive · joined Oct 2000 · 1 listed board · 1 committee seat
  • Arushi Jain · Managing directorExecutive · joined Jan 2010 · 1 listed board · 1 committee seat
  • Aditi Pasari · Managing directorExecutive · joined Jan 2010 · 1 listed board · 1 committee seat
  • Anubha GuptaNon-executive · joined Oct 2025 · 1 listed board
  • Ashwani Kumar Vats · Chief executiveExecutive · joined Oct 2008 · 1 listed board
  • Archana JainIndependent · joined May 2021 · reappointed Apr 2023 · 65 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 as chair
  • Nitesh GargIndependent · joined Apr 2024 · 30 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Soumyajit MitraIndependent · joined Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Vardhman DoogarIndependent · joined Oct 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Rahul JainIndependent · joined Oct 2025 · 12 months as independent · 1 listed board · 1 as independent

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

    • 6 Aug 20269 of 10 present5 independent · 75 days in between
    • 22 May 20268 of 10 present4 independent

  • Audit Committee

    Chair Nitesh Garg

    Soumyajit Mitra, Chandra Kumar Jain, Archana Jain

    • 6 Aug 20264 of 4 present3 independent
    • 22 May 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Soumyajit Mitra

    Nitesh Garg, Archana Jain

    • 6 Aug 20263 of 3 present3 independent · 75 days in between
    • 22 May 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Soumyajit Mitra

    Arushi Jain, Aditi Pasari

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Arushi Jain

    Nitesh Garg, Ashwani Kumar Vats

    • 22 May 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Archana Jain

    Arushi Jain, Aditi Pasari

    • 6 Aug 20263 of 3 present1 independent

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.

  • M/s Shahid & AssociatesPeer-review certificate valid to Mar 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.

Gulshan Polyols 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.Gulshan Polyols dividend history

Annual general meeting, 11 Sep 2026

38,844 shareholders on the register on 4 Sep 2026; present: 8 promoters and 36 others; votes counted by MR. TANUJ VOHRA / TVA & CO. LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.94% · promoters 100.00% · institutions 17.51% · other public 3.24%

  2. To declare a Final Dividend of ₹1.50 (One Rupee Fifty paise) per equity share of ₹1/- (Rupee One only) each, fully paid-up, for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.94% · promoters 100.00% · institutions 17.51% · other public 3.24%

  3. To appoint a Director in place of Ms. Aditi Pasari (DIN: 00120753), who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 67.94% · promoters 100.00% · institutions 17.51% · other public 3.24%

  4. To appoint a Director in place of Mr. Ashwani Kumar Vats (DIN: 00062413), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 67.94% · promoters 100.00% · institutions 17.51% · other public 3.24%

  5. Ratification of remuneration of Cost Auditors for the Financial Year 2026- 2027.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 14.49% · promoters 100.00% · institutions 17.51% · other public 0.26%

  6. Re-appointment of Mr. Vardhman Doogar (DIN: 07148980) as a Non-Executive Independent Director of the Company with effect from October 01, 2026.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 67.94% · promoters 100.00% · institutions 17.51% · other public 3.24%

  7. Approval for Raising of Funds in one or more tranches by way of Issuance of Securities through Qualified Institutions Placement (“QIP”).
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 83.78% · other public 0.12%

    Turnout: all 67.94% · promoters 100.00% · institutions 17.51% · other public 3.24%

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, 13 resolutions

37,774 shareholders on the register on 11 Sep 2025; present: 5 promoters and 57 others; votes counted by Tanuj Vohra / TVA & Co. LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025, together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  2. To declare Dividend of ₹0.30 (thirty paisa) per equity share of ₹1/- (Rupee one only) each, fully paid-up, for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  3. To appoint a Director in place of Ms. Arushi Jain (DIN: 00764520), who retires by rotation and being eligible, offers herself for the reappointment.
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.06%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  4. Ratification of remuneration of Cost Auditors for the financial year 2025- 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  5. Appointment of Secretarial Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  6. Appointment of Mr. Rahul Jain (DIN: 05355099) as a Non-Executive Independent Director of the Company with effect from October 1, 2025.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.06%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  7. Appointment of Ms. Anubha Gupta as a Non-Executive and Non-Independent Director of the Company with effect from October 1, 2025.
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.06%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  8. Approval for Payment of Remuneration to Dr. Chandra Kumar Jain (DIN: 00062221), as a Chairman and Managing Director of the Company from April 1, 2025 to September 30, 2027, in case of no profits or inadequate profits.MoreLess
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.11%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  9. Approval for Payment of Remuneration to Ms. Arushi Jain (DIN: 00764520), as a Joint Managing Director of the Company from April 1, 2025 to September 30, 2028, in case of no profits or inadequate profits.MoreLess
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.11%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  10. Approval for Payment of Remuneration to Ms. Aditi Pasari (DIN: 00120753), as a Joint Managing Director of the Company from April 1, 2025 to September 30, 2028, in case of no profits or inadequate profits.MoreLess
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.11%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  11. Approval for Payment of Remuneration to Mr. Ashwani Kumar Vats (DIN: 00062413), as a Whole Time Director designated as CEO of the Company from April 1, 2025 to September 30, 2028, in case of no profits or inadequate profits.MoreLess
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.11%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  12. To approve the payment of framework of Remuneration to be paid to the Non-Executive Directors in excess of threshold limits during the inadequacy of profits as prescribed under the Companies Act, 2013.MoreLess
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.11%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

  13. Approval of raising of funds and issuance of securities by the Company.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.06%

    Turnout: all 68.08% · promoters 100.00% · institutions 100.00% · other public 3.92%

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, 20 Sep 2024, 8 resolutions

Present: 9 promoters and 40 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: n(a) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2024, together with the Reports of the Board of Directors and the Auditors thereon; andnn (b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2024, together with the Report of the Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.77%

  2. To declare a Final Dividend at the rate of ¿ 0.30 per equity share of ¿1/- (One rupees only) each fully paid-up of per Equity Share for the Financial Year ended 31st March, 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.77%

  3. To appoint a Director in place of Mr. Ashwani Kumar Vats (DIN: 00062413), who retires by rotation and being eligible, offers himself for the re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.44% · promoters 100.00% · institutions 0.00% · other public 2.37%

  4. Ratification of remuneration of Cost Auditors for the financial year 2024-2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.76%

  5. Appointment of statutory auditor to fill casual vacancy and to appoint Statutory Auditors from the conclusion of ensuing twenty-fourth (24th) annual general meeting until the conclusion of the twenty-ninth (29th) annual general meeting and to fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.77%

  6. Appointment of Mr. Vardhman Doogar (DIN: 07148980) as a Non-Executive Independent Director of the Company for a period of two (2) years, effective from October 1, 2024 upto September 30, 2026.
    Special
    100.00% for0.00% against

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

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.76%

  7. Payment of Commission to Non-Executive Directors of the Company.
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.95%

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.76%

  8. Approval of raising of funds and issuance of securities
    Special
    100.00% for0.00% against

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

    Turnout: all 67.57% · promoters 100.00% · institutions 0.00% · other public 2.76%

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, 14 resolutions

Present: 7 promoters and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  2. To appoint Ms. Aditi Pasari (DIN:00120753), who retires by rotation, and being eligible, offers herself for reappointment as a director
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  3. To declare a final dividend of Rs 0.50 per equity share of the face value of Rs. 1 each (50%) on equity shares for the Financial Year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  4. Ratification of remuneration of cost auditors appointed by the board of directors for the financial year 2023-2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  5. Reappointment of Ms. Arushi Jain (DIN:00764520) as a Joint Managing Director of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  6. Reappointment of Ms. Aditi Pasari (DIN:00120753) as Joint Managing Director of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.33%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  7. Reappointment of Mr. Ashwani Kumar Vats (DIN:00062413) as a Whole Time Director designated as CEO of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  8. Appointment of Mr. Nitesh Garg (DIN: 10257604) as a Non-Executive Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.34%

  9. Appointment of Mr. Soumyajit Mitra (DIN: 10262167) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.34%

  10. To make investment, give loans, guarantees and provide securities under section 186 of the Companies Act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  11. To increase the limits of the company to create pledge/ charge/ mortgage/ hypothecation on the movable and immovable properties of the company, both present and future, in respect of borrowings, pursuant to section 180(1)(a) of the Companies Act, 2013MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.34%

  12. To increase the borrowing limits of the company in excess of the limits prescribed under section 180(1)(c) of the Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  13. To approve in continuation of payment of remuneration to executive directors who are promoters or member of the promoter group in excess of threshold limits as prescribed under SEBI (LODR) Regulations, 2015 and Companies Act, 2013MoreLess
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.55%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

  14. To approve raising of funds and issuance of securities by the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 69.92% · promoters 100.00% · institutions 100.00% · other public 6.37%

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, 13 Jun 2023, 1 resolution

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

  1. ISSUE OF BONUS EQUITY SHARES
    Ordinary
    98.63% for1.37% against

    Against: promoters 0.00% · institutions 0.00% · other public 31.94%

    Turnout: all 71.83% · promoters 100.00% · institutions 56.92% · other public 10.36%

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, 28 Sep 2022, 12 resolutions

Present: 9 promoters and 64 others.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022 TOGETHER WITHTHE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  2. TO APPOINT MS. ARUSHI JAIN (DIN:00764520), WHO RETIRES BY ROTATION, AND BEING ELIGIBLE, OFFERS HERSELF FOR REAPPOINTMENT AS A DIRECTOR
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  3. TO DECLARE A FINAL DIVIDEND OF ₹ 1 PER EQUITY SHARE OF THE FACE VALUE OF ₹ 1 EACH (100%) ON EQUITY SHARES FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  4. TO REAPPOINT AND FIX THE REMUNERATION OF AUDITORS
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  5. RATIFICATION OF REMUNERATION OF COST AUDITORS APPOINTED BY THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR 2022-2023
    Ordinary
    98.07% for1.93% against

    Against: promoters 0.00% · institutions 40.17% · other public 0.01%

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  6. APPOINTMENT OF MR. RAKESH KAPOOR (DIN: 00015358) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  7. REAPPOINTMENT OF MS. ARCHANA JAIN (DIN:09171307) AS A NON-EXECUTIVE WOMAN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  8. REAPPOINTMENT OF DR. CHANDRA KUMAR JAIN (DIN: 00062221) AS A CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.26% · promoters 100.00% · institutions 90.84% · other public 10.47%

  9. CHANGE IN DESIGNATION OF MS. ARUSHI JAIN (DIN: 00764520) FROM WHOLE TIME DIRECTOR TO JOINT MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.25% · promoters 100.00% · institutions 90.84% · other public 10.47%

  10. CHANGE IN DESIGNATION OF MS. ADITI PASARI (DIN: 00120753) FROM WHOLE TIME DIRECTOR TO JOINT MANAGING DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.25% · promoters 100.00% · institutions 90.84% · other public 10.47%

  11. AMENDMENT IN THE OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 73.25% · promoters 100.00% · institutions 90.84% · other public 10.47%

  12. TO APPROVE RAISING OF FUNDS AND ISSUANCE OF SECURITIES BY THE COMPANY
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 73.25% · promoters 100.00% · institutions 90.84% · other public 10.47%

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, 18 Sep 2021, 9 resolutions

Present: 4 promoters and 65 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2021 together with 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 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  2. To appoint Mr. Ashwani Kumar Vats (DIN: 00062413), who retires by rotation, and being eligible, offers himself for re-appointment as a Director.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  3. To declare Final Dividend on Equity Shares for the financial year ended March 31, 2021.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  4. Ratification of remuneration of Cost Auditor appointed by the Board of Directors for the Financial Year 2021-2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  5. Appointment of Ms. Archana Jain (DIN: 09171307) as an Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  6. Approval of charges for service of documents on the shareholders.
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.20%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  7. Payment of commission to Mr. Ashwani Kumar Vats (DIN: 00062413) Whole Time Director and Chief Executive Officer (CEO) of the Company.
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.55%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  8. Revision in terms of remuneration of Mr. Ashwani Kumar Vats (DIN: 00062413) Whole Time Director and Chief Executive Officer (CEO) of the Company.
    Special
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 89.23% · other public 8.46%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  9. To approve raising of funds and issuance of securities by the Company.
    Special
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.97%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

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.

Meeting called by the tribunal, 18 Sep 2021, 1 resolution

Present: 0 promoters and 65 others.The company's voting result (opens in a new tab)

  1. Approval for the Scheme of Amalgamation of Gulshan Holdings Private Limited (Transferor Company No. 1) and East Delhi Importers & Exporters Private Limited (Transferor Company No. 2) with Gulshan Polyols Limited (Transferee Company or Company) and their respective shareholders and creditors.MoreLess
    SpecialPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.07%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

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 29 Sep 2023, 1 fund house

  • To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Directors and Auditors thereonMoreLess
    1 for0 against
  • To appoint Ms. Aditi Pasari (DIN:00120753), who retires by rotation, and being eligible, offers herself for reappointment as a director
    1 for0 against
  • To declare a final dividend of Rs 0.50 per equity share of the face value of Rs. 1 each (50%) on equity shares for the Financial Year ended March 31, 2023
    1 for0 against
  • Ratification of remuneration of cost auditors appointed by the board of directors for the financial year 2023-2024
    1 for0 against
  • Reappointment of Ms. Arushi Jain (DIN:00764520) as a Joint Managing Director of the Company
    1 for0 against
  • Reappointment of Ms. Aditi Pasari (DIN:00120753) as Joint Managing Director of the Company
    1 for0 against
  • Reappointment of Mr. Ashwani Kumar Vats (DIN:00062413) as a Whole Time Director designated as CEO of the Company
    1 for0 against
  • Appointment of Mr. Nitesh Garg (DIN: 10257604) as a Non-Executive Independent Director of the Company
    1 for0 against
  • Appointment of Mr. Soumyajit Mitra (DIN: 10262167) as a Non-Executive Independent Director of the Company
    1 for0 against
  • To make investment, give loans, guarantees and provide securities under section 186 of the Companies Act, 2013
    1 for0 against
  • To increase the limits of the company to create pledge/ charge/ mortgage/ hypothecation on the movable and immovable properties of the company, both present and future, in respect of borrowings, pursuant to section 180(1)(a) of the Companies Act, 2013MoreLess
    1 for0 against
  • To increase the borrowing limits of the company in excess of the limits prescribed under section 180(1)(c) of the Companies Act, 2013
    1 for0 against
  • To approve in continuation of payment of remuneration to executive directors who are promoters or member of the promoter group in excess of threshold limits as prescribed under SEBI (LODR) Regulations, 2015 and Companies Act, 2013MoreLess
    1 for0 against
  • To approve raising of funds and issuance of securities by the Company
    1 for0 against

Mutual fund votes, meeting of 13 Jun 2023, 1 fund house

  • ISSUE OF BONUS EQUITY SHARES
    1 for0 against
1 earlier meeting

Mutual fund votes, meeting of 28 Sep 2022, 1 fund house

  • TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022 TOGETHER WITHTHE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    1 for0 against
  • TO APPOINT MS. ARUSHI JAIN (DIN:00764520), WHO RETIRES BY ROTATION, AND BEING ELIGIBLE, OFFERS HERSELF FOR REAPPOINTMENT AS A DIRECTOR
    1 for0 against
  • TO DECLARE A FINAL DIVIDEND OF ₹ 1 PER EQUITY SHARE OF THE FACE VALUE OF ₹ 1 EACH (100%) ON EQUITY SHARES FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022
    1 for0 against
  • TO REAPPOINT AND FIX THE REMUNERATION OF AUDITORS
    1 for0 against
  • RATIFICATION OF REMUNERATION OF COST AUDITORS APPOINTED BY THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR 2022-2023
    1 for0 against
  • APPOINTMENT OF MR. RAKESH KAPOOR (DIN: 00015358) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
    1 for0 against
  • REAPPOINTMENT OF MS. ARCHANA JAIN (DIN:09171307) AS A NON-EXECUTIVE WOMAN INDEPENDENT DIRECTOR OF THE COMPANY
    1 for0 against
  • REAPPOINTMENT OF DR. CHANDRA KUMAR JAIN (DIN: 00062221) AS A CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY
    1 for0 against
  • CHANGE IN DESIGNATION OF MS. ARUSHI JAIN (DIN: 00764520) FROM WHOLE TIME DIRECTOR TO JOINT MANAGING DIRECTOR OF THE COMPANY
    1 for0 against
  • CHANGE IN DESIGNATION OF MS. ADITI PASARI (DIN: 00120753) FROM WHOLE TIME DIRECTOR TO JOINT MANAGING DIRECTOR OF THE COMPANY
    1 for0 against
  • AMENDMENT IN THE OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
    1 for0 against
  • TO APPROVE RAISING OF FUNDS AND ISSUANCE OF SECURITIES BY THE COMPANY
    1 for0 against

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

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

None open at any 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
Yes
The filing has a part on fines and penalties
No
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.