Hikal MD, chairman, board of directors and AGM
NSE: HIKALBSE: 524735Pharmaceuticals & BiotechnologySmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹203.18.
- 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.
- ₹2,388 Cr1,090th 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 27 May 2026
- 2.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.31%
- 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 6 Aug 2026
- −2.7%
- 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 −₹76 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 3.4%
- 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 6 Aug 2026
- 3.5%
- 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 27 May 2026
- 0.57
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,03,34641.0% delivered
Hikal 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
- ChairpersonJai HiremathRelated to the promoter
- Managing directorSameer Hiremath
- Company Secretary and Compliance OfficerRajasekhar Reddy
11 directors6 independent3 executive2 non-executive
- Jai Hiremath · ChairpersonExecutive · joined Feb 1991 · reappointed Oct 2021 · 1 listed board
- Sugandha HiremathNon-executive · joined Feb 1992 · reappointed Sep 2024 · 1 listed board · 2 committee seats
- Amit KalyaniNon-executive · joined Feb 2012 · reappointed Sep 2025 · 6 listed boards · 2 committee seats
- Shivani Bhasin SachdevaIndependent · joined Aug 2019 · reappointed Aug 2022 · 83 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Shrikrishna Kiran AdivarekarIndependent · joined Dec 2021 · reappointed Dec 2024 · 54 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Ramachandra Kaundinya VinnakotaIndependent · joined Oct 2023 · reappointed Oct 2023 · 33 months as independent · 1 listed board · 1 as independent · 4 committee seats, 3 as chair
- Ravi Brijmohan KapoorIndependent · joined Jan 2024 · reappointed Jan 2024 · 29 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- Ranjana Shivanand SalgaocarIndependent · joined Mar 2024 · reappointed Mar 2024 · 27 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Sandip ParikhIndependent · joined May 2026 · reappointed May 2026 · 1 month as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- Sameer Hiremath · Managing directorExecutive · joined May 1999 · reappointed Oct 2021 · 1 listed board
- Sarangan SureshExecutive · joined Apr 2024 · reappointed Apr 2024 · 1 listed board
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
- Berjis Minoo Desai, left 1 Oct 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 27 May 202610 of 10 present5 independent · 104 days in between
- 11 Feb 20269 of 10 present5 independent
Audit Committee
Chair Ramachandra Kaundinya Vinnakota
Ravi Brijmohan Kapoor, Ranjana Shivanand Salgaocar, Sandip Parikh, Sugandha Hiremath
- 26 May 20264 of 4 present3 independent · 4 days in between
- 21 May 20264 of 4 present3 independent · 64 days in between
- 17 Mar 20264 of 4 present3 independent · 34 days in between
- 10 Feb 20263 of 4 present2 independent
Nomination and remuneration committee
Chair Ramachandra Kaundinya Vinnakota
Jai Hiremath, Shivani Bhasin Sachdeva, Ravi Brijmohan Kapoor, Shrikrishna Kiran Adivarekar
- 26 May 20265 of 5 present4 independent · 104 days in between
- 10 Feb 20263 of 5 present2 independent
Stakeholders Relationship Committee
Chair Ravi Brijmohan Kapoor
Ranjana Shivanand Salgaocar, Sugandha Hiremath
No meeting listed in the filing.
Risk Management Committee
Chair Jai Hiremath
Ramachandra Kaundinya Vinnakota, Ravi Brijmohan Kapoor, Sameer Hiremath, Anish Swadi
- 31 Mar 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Jai Hiremath
Ranjana Shivanand Salgaocar, Sugandha Hiremath, Sameer Hiremath
- 20 May 20264 of 4 present1 independent · 97 days in between
- 11 Feb 20264 of 4 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.
- SRBC & 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.
Hikal 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.Hikal dividend history
Annual general meeting, 23 Sep 2026
75,920 shareholders on the register on 16 Sep 2026; present: 15 promoters and 68 others; votes counted by Dhrumil M Shah / Dhrumil Shah and Co LLP.The company's voting result (opens in a new tab)
- To consider and adopt the audited standalone and consolidated Financial Statements and Reports of the Board of DirectorsOrdinary56.29% for43.71% against
Against: promoters 49.40% · institutions 0.00% · other public 8.99%
Turnout: all 78.56% · promoters 100.00% · institutions 90.75% · other public 14.73%
- To declare a final dividend of rs 0.40 per equity share of face value of rs 2 each for the financial year 2025 26Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 78.61% · promoters 100.00% · institutions 91.50% · other public 14.73%
- To appoint a Director in place of Mr Sarangan Suresh who retires by rotation and being eligible offers himself for reappointmentOrdinary55.17% for44.83% against
Against: promoters 49.40% · institutions 14.60% · other public 9.01%
Turnout: all 78.61% · promoters 100.00% · institutions 91.50% · other public 14.73%
- To consider and approve the appointment of Mr Sameer Hiremath as Chairman and Managing Director of the Company and to fix his remunerationOrdinary51.87% for48.13% against
Against: promoters 49.40% · institutions 56.58% · other public 9.31%
Turnout: all 78.61% · promoters 100.00% · institutions 91.50% · other public 14.73%
- To consider and approve the revision in remuneration of Mr Sarangan Suresh Whole-Time Director of the CompanyOrdinary56.32% for43.68% against
Against: promoters 49.40% · institutions 0.00% · other public 9.10%
Turnout: all 78.61% · promoters 100.00% · institutions 91.50% · other public 14.73%
- To ratify the remuneration to be paid to the Cost Auditors for the financial year 2026 27Ordinary56.32% for43.68% against
Against: promoters 49.40% · institutions 0.00% · other public 9.00%
Turnout: all 78.61% · promoters 100.00% · institutions 91.50% · other public 14.73%
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, 4 Jul 2026, 1 resolution
75,193 shareholders on the register on 29 May 2026; votes counted by Dhrumil M. Shah / Dhrumil M. Shah & Co. LLP.The company's voting result (opens in a new tab)
- Appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.78%
Turnout: all 42.78% · promoters 50.60% · institutions 88.22% · other public 3.22%
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, 23 Sep 2025, 5 resolutions
74,134 shareholders on the register on 16 Sep 2025; present: 16 promoters and 64 others; votes counted by Dhrumil M Shah / Dhrumil Shah & Co. LLP.The company's voting result (opens in a new tab)
To consider and adopt the audited standalone and consolidated Financial Statements of the Company for the year ended 31 March 2025 together with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary99.48% for0.52% againstAgainst: promoters 0.00% · institutions 0.00% · other public 23.08%
Turnout: all 77.57% · promoters 99.78% · institutions 73.58% · other public 8.17%
To confirm the interim dividend of ₹ 0.60/- per equity share of ₹ 2/- each and to declare a final dividend of ₹ 0.80/- per equity share of ₹ 2/- each, aggregating to a total dividend of ₹ 1.40/- per equity share of ₹ 2/- each, for the Financial Year 2024-25.MoreLess
Ordinary99.88% for0.12% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.44%
Turnout: all 77.61% · promoters 100.00% · institutions 74.10% · other public 8.11%
- To appoint a Director in place of Mr. Amit Kalyani (DIN: 00089430), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for re-appointmentt.OrdinaryPromoters have an interest in it99.59% for0.41% against
Against: promoters 0.12% · institutions 0.47% · other public 11.69%
Turnout: all 77.60% · promoters 99.78% · institutions 74.10% · other public 8.06%
- Appointment of Secretarial Auditors of the Company and to fix their remuneration.Ordinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 23.09%
Turnout: all 77.62% · promoters 99.78% · institutions 74.10% · other public 8.17%
- To ratify the remuneration payable to M/s V. J. Talati & Co., cost auditors of the Company, for the financial year 2024-25.Ordinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 23.10%
Turnout: all 77.62% · promoters 99.78% · institutions 74.10% · other public 8.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 17 Sep 2024, 6 resolutions
Present: 22 promoters and 72 others.The company's voting result (opens in a new tab)
To consider and adopt the audited standalone and consolidated Financial Statements of the Company for the year ended 31 March 2024 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 79.30% · promoters 100.00% · institutions 86.64% · other public 7.61%
To confirm the interim dividend of ¿ 0.60/- per equity share of ¿ 2/- each and to declare a final dividend of ¿ 0.60/- per equity share of ¿ 2/- each, aggregating to a total dividend of ¿ 1.20/- per equity share of ¿ 2/- each, for the Financial Year 2023-24MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 79.35% · promoters 100.00% · institutions 87.13% · other public 7.61%
- To appoint a director in place of Mrs. Sugandha Hiremath (DIN: 00062031), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers herself for reappointment.OrdinaryPromoters have an interest in it56.88% for43.12% against
Against: promoters 49.40% · institutions 2.28% · other public 0.05%
Turnout: all 79.35% · promoters 100.00% · institutions 87.13% · other public 7.61%
- To reappoint M/s. S R B C & Co. LLP, Chartered Accountants as Statutory Auditors of the Company for the second term of 5 (five) consecutive years.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.71% · other public 0.04%
Turnout: all 79.35% · promoters 100.00% · institutions 87.13% · other public 7.61%
- To reappoint Mr. Shrikrishna K. Adivarekar (DIN: 06928271) as an Independent Director of the Company for a further term of 5 (Five) years.Special98.95% for1.05% against
Against: promoters 0.00% · institutions 9.27% · other public 0.06%
Turnout: all 78.79% · promoters 100.00% · institutions 87.13% · other public 4.93%
- To ratify the remuneration payable to M/s V. J. Talati & Co., Cost Auditors of the Company, for the financial year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 79.35% · promoters 100.00% · institutions 87.13% · other public 7.61%
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, 24 May 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mrs. Ranjana Salgaocar (DIN: 00120120) as an Independent Director of the Company:Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.84%
Turnout: all 43.95% · promoters 50.13% · institutions 90.30% · other public 1.27%
- Appointment of Mr. Sarangan Suresh (DIN: 10562713) as a Whole Time Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 3.84%
Turnout: all 43.95% · promoters 50.13% · institutions 90.30% · other public 1.27%
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 Mar 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Ravi Brijmohan Kapoor (DIN: 01761752) as an Independent Director of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.43%
Turnout: all 78.10% · promoters 99.88% · institutions 89.37% · other public 3.94%
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, 24 Dec 2023, 1 resolution
The company's voting result (opens in a new tab)
- Continuation of appointment of Mr. B. N. Kalyani (DIN: 00089380) as a Non-Executive, Non-Independent Director of the CompanySpecialPromoters have an interest in it52.00% for48.00% against
Against: promoters 50.60% · institutions 27.15% · other public 42.76%
Turnout: all 79.22% · promoters 100.00% · institutions 89.93% · other public 10.85%
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 2023, 6 resolutions
Present: 21 promoters and 69 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone and consolidated Financial Statements of the Company for the year ended 31 March 2023 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 78.97% · promoters 99.88% · institutions 85.59% · other public 14.25%
To confirm the interim dividend of ₹ 0.60/- per equity share of ₹ 2/- each and to declare a final dividend of ₹ 0.60/- per equity share of ₹ 2/- each, aggregating to a total dividend of ₹ 1.20/- per equity share of ₹ 2/- each, for the Financial Year 2022-23.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 79.03% · promoters 99.88% · institutions 86.32% · other public 14.25%
- To appoint a Director in place of Mr. Amit Kalyani (DIN: 00089430), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it98.38% for1.62% against
Against: promoters 0.00% · institutions 20.75% · other public 0.88%
Turnout: all 77.40% · promoters 99.88% · institutions 73.35% · other public 11.73%
- To consider and approve the appointment of Mr. Berjis M Desai (DIN: 00153675) as an Independent Director of the Company.Special96.52% for3.48% against
Against: promoters 0.00% · institutions 15.50% · other public 54.22%
Turnout: all 78.89% · promoters 100.00% · institutions 86.32% · other public 13.28%
- To consider and approve the appointment of Mr. V. Ramachandra Kaundinya (DIN: 00043067) as an Independent Director of the Company.Special97.89% for2.11% against
Against: promoters 0.00% · institutions 0.00% · other public 54.21%
Turnout: all 78.89% · promoters 100.00% · institutions 86.32% · other public 13.28%
- To consider and ratify the remuneration payable to M/s. V. J. Talati & Co., cost auditors of the Company, for the financial year 2023-24.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.78%
Turnout: all 78.89% · promoters 100.00% · institutions 86.32% · other public 13.28%
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 23 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
- To consider and adopt the audited standalone and consolidated Financial Statements and Reports of the Board of Directors2 for0 against
- To declare a final dividend of rs 0.40 per equity share of face value of rs 2 each for the financial year 2025 262 for0 against
- To appoint a Director in place of Mr Sarangan Suresh who retires by rotation and being eligible offers himself for reappointment2 for0 against
- To consider and approve the appointment of Mr Sameer Hiremath as Chairman and Managing Director of the Company and to fix his remuneration
Against Tata Mutual Fund
- Tata Mutual FundWe have been long term investors in Hikal Ltd (since 2022). During this time the company has made significant investments in capex however sales and profitabiltiy has not moved at all. There have also been instances like plant shutdowns due to pollution and accounting misstatement of revenues of close to 80cr. We believe that the company has not been led as per our expectations and hence we do not support his reappointment. We do not support the resolution.
1 for1 against - To consider and approve the revision in remuneration of Mr Sarangan Suresh Whole-Time Director of the Company2 for0 against
- To ratify the remuneration to be paid to the Cost Auditors for the financial year 2026 272 for0 against
Mutual fund votes, meeting of 4 Jul 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
- Appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the Company2 for0 against
6 earlier meetings
Mutual fund votes, meeting of 23 Sep 2025, 9 fund houses
To consider and adopt the audited standalone and consolidated Financial Statements of the Company for the year ended 31 March 2025 together with the Reports of the Board of Directors and Auditors thereonMoreLess
9 for0 againstTo confirm the interim dividend of ₹ 0.60/- per equity share of ₹ 2/- each and to declare a final dividend of ₹ 0.80/- per equity share of ₹ 2/- each, aggregating to a total dividend of ₹ 1.40/- per equity share of ₹ 2/- each, for the Financial Year 2024-25.MoreLess
9 for0 against- To appoint a Director in place of Mr. Amit Kalyani (DIN: 00089430), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for re-appointmentt.
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
8 for1 against - Appointment of Secretarial Auditors of the Company and to fix their remuneration.9 for0 against
- To ratify the remuneration payable to M/s V. J. Talati & Co., cost auditors of the Company, for the financial year 2024-25.9 for0 against
Mutual fund votes, meeting of 17 Sep 2024, 5 fund houses
To consider and adopt the audited standalone and consolidated Financial Statements of the Company for the year ended 31 March 2024 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
5 for0 againstTo confirm the interim dividend of ¿ 0.60/- per equity share of ¿ 2/- each and to declare a final dividend of ¿ 0.60/- per equity share of ¿ 2/- each, aggregating to a total dividend of ¿ 1.20/- per equity share of ¿ 2/- each, for the Financial Year 2023-24MoreLess
5 for0 against- To appoint a director in place of Mrs. Sugandha Hiremath (DIN: 00062031), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers herself for reappointment.
Against Groww Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance concern: Low Attendance in Audit Committee Meetings
3 for2 against - To reappoint M/s. S R B C & Co. LLP, Chartered Accountants as Statutory Auditors of the Company for the second term of 5 (five) consecutive years.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merit of the proposed Auditor. Non-Compliant with SEBI LODR Regulation 36: Proposed audit fee to be paid to the auditors not disclosed.
2 for3 against - To reappoint Mr. Shrikrishna K. Adivarekar (DIN: 06928271) as an Independent Director of the Company for a further term of 5 (Five) years.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment is compliant with law. Governance Concern: Appointment will lead to prolonged association at the group level.
2 for3 against - To ratify the remuneration payable to M/s V. J. Talati & Co., Cost Auditors of the Company, for the financial year 2024-255 for0 against
Mutual fund votes, meeting of 24 May 2024, 4 fund houses
- Appointment of Mrs. Ranjana Salgaocar (DIN: 00120120) as an Independent Director of the Company:4 for0 against
- Appointment of Mr. Sarangan Suresh (DIN: 10562713) as a Whole Time Director of the Company4 for0 against
Mutual fund votes, meeting of 20 Mar 2024, 3 fund houses
- Appointment of Mr. Ravi Brijmohan Kapoor (DIN: 01761752) as an Independent Director of the Company3 for0 against
Mutual fund votes, meeting of 24 Dec 2023, 5 fund houses
- Continuation of appointment of Mr. B. N. Kalyani (DIN: 00089380) as a Non-Executive, Non-Independent Director of the Company5 for0 against
Mutual fund votes, meeting of 26 Sep 2023, 7 fund houses
To receive, consider and adopt the audited standalone and consolidated Financial Statements of the Company for the year ended 31 March 2023 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
7 for0 againstTo confirm the interim dividend of ₹ 0.60/- per equity share of ₹ 2/- each and to declare a final dividend of ₹ 0.60/- per equity share of ₹ 2/- each, aggregating to a total dividend of ₹ 1.20/- per equity share of ₹ 2/- each, for the Financial Year 2022-23.MoreLess
7 for0 against- To appoint a Director in place of Mr. Amit Kalyani (DIN: 00089430), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for reappointment.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Governance Concern: Excessive Time Commitments.
6 for1 against - To consider and approve the appointment of Mr. Berjis M Desai (DIN: 00153675) as an Independent Director of the Company.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Governance Concern: Excessive Time Commitments.
6 for1 against - To consider and approve the appointment of Mr. V. Ramachandra Kaundinya (DIN: 00043067) as an Independent Director of the Company.7 for0 against
- To consider and ratify the remuneration payable to M/s. V. J. Talati & Co., cost auditors of the Company, for the financial year 2023-24.7 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
- 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.