Hi-Tech Pipes logo

Hi-Tech Pipes MD, chairman, board of directors and AGM

NSE: HITECHBSE: 543411Industrial ProductsSmall Cap

Last close ₹63.68down ₹2.46 (3.72%)BSE ₹63.77

Share price at the NSE close on 23 Oct 2026. Previous close ₹66.14.

52-week range of traded prices to 23 Oct 2026
₹62.66Low, 23 Oct 2026₹117.70High, 23 Oct 2025
Market cap
₹1,293 Cr1,229th largest listed
P/E
17.2
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
5.8%
ROCE
9.6%
Debt to equity
0.20
Volume, NSE
8,73,44851.8% delivered

Hi-Tech Pipes 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

  • Chairperson and managing directorAjay Kumar Bansal
  • Company Secretary and Compliance OfficerArun Kumar

7 directors4 independent3 executive

  • Ajay Kumar Bansal · Chairperson and managing directorExecutive · joined Jan 1985 · reappointed Oct 2022 · 1 listed board · 1 committee seat
  • Anish BansalExecutive · joined Feb 2009 · reappointed Oct 2022 · 1 listed board · 1 committee seat
  • Vivek GoyalIndependent · joined Jan 2018 · reappointed Jan 2023 · 101 months as independent · 1 listed board · 1 as independent
  • Prashant Kumar SaxenaIndependent · joined Jan 2018 · reappointed Jan 2023 · 101 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Neerja KumarIndependent · joined Jan 2020 · reappointed Jan 2025 · 77 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Mukesh Kumar GargIndependent · joined Dec 2020 · reappointed Dec 2023 · 66 months as independent · 3 listed boards · 3 as independent · 2 committee seats
  • Kamleshwar PrasadExecutive · joined Jan 2024 · reappointed Jan 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.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 May 20267 of 7 present4 independent · 57 days in between
    • 31 Mar 20267 of 7 present4 independent

  • Audit Committee

    Chair Neerja Kumar

    Prashant Kumar Saxena, Anish Bansal

    • 28 May 20263 of 3 present2 independent · 57 days in between
    • 31 Mar 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Vivek Goyal

    Ajay Kumar Bansal, Prashant Kumar Saxena, Neerja Kumar

    • 28 May 20264 of 4 present3 independent · 292 days in between
    • 8 Aug 20254 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Prashant Kumar Saxena

    Neerja Kumar, Ajay Kumar Bansal

    • 28 May 20263 of 3 present2 independent · 109 days in between
    • 7 Feb 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Anish Bansal

    Ajay Kumar Bansal, Mukesh Kumar Garg

    • 28 May 20263 of 3 present1 independent · 196 days in between
    • 12 Nov 20253 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Anish Bansal

    Neerja Kumar, Ajay Kumar Bansal, Mukesh Kumar Garg

    • 28 May 20264 of 4 present2 independent · 109 days in between
    • 7 Feb 20264 of 4 present2 independent

  • Fund Raising Committee

    Chair Ajay Kumar Bansal

    Anish Bansal, Neerja Kumar

    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 Jun 2026.

  • A. N. GARG & COPeer-review certificate valid to Nov 2026
1 earlier auditor
  • M/s A.N. Garg And Co., Chartered AccoutantsNamed in filings from Mar 2025 to Sep 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.

Hi-Tech Pipes 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.Hi-Tech Pipes dividend history

Annual general meeting, 28 Sep 2026

1,02,970 shareholders on the register on 21 Sep 2026; present: 10 promoters and 165 others; votes counted by NAVEEN SHREE PANDEY / NSP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Annual Audited Standalone Financial Statements (alongwith Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2026, together with the report of the Board of Director's and the Auditor's Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 53.06% · promoters 95.84% · institutions 76.61% · other public 1.50%

  2. To appoint Mr. Kamleshwar Prasad (DIN: 10438618), who liable to retires by rotation and being eligible, offers himself for re-appointment as a Whole Time Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 53.06% · promoters 95.84% · institutions 76.61% · other public 1.50%

  3. To approve the ratification of remuneration payable to M/s S. Shekhar & Co., Cost Accountants (FRN: 000452), Cost Auditor of the Company for the financial year 2026-27
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 53.06% · promoters 95.84% · institutions 76.61% · other public 1.50%

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, 28 Jun 2026, 1 resolution

99,124 shareholders on the register on 22 May 2026; votes counted by Naveen Shree Pandey / NSP & Associates.The company's voting result (opens in a new tab)

  1. ISSUANCE OF 90,00,000 (NINETY LAKHS) FULLY CONVERTIBLE EQUITY WARRANTS ON PREFERENTIAL BASIS TO THE PERSONS BELONGING TO PROMOTER GROUP CATEGORY
    SpecialPromoters have an interest in it
    84.26% for15.74% against

    Against: promoters 0.00% · institutions 74.43% · other public 0.99%

    Turnout: all 56.98% · promoters 100.00% · institutions 71.27% · other public 3.00%

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.

Annual general meeting, 27 Sep 2025, 5 resolutions

1,10,018 shareholders on the register on 20 Sep 2025; present: 9 promoters and 173 others; votes counted by NAVEEN SHREE PANDEY / NSP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Annual Standalone Audited Financial Statements (Along with Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2025 together with the report(s) of the Board of Director’s and the Auditor’s thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.07% · promoters 100.00% · institutions 69.70% · other public 3.31%

  2. To declare a Final Dividend of Rs. 0.025 (2.5%) per equity share of Re. 1/- each
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.07% · promoters 100.00% · institutions 69.70% · other public 3.31%

  3. To appoint Mr. Anish Bansal (DIN: 00670250), who liable to retires by rotation and being eligible, offers himself for re-appointment as a Whole-Time Director
    OrdinaryPromoters have an interest in it
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 1.89% · other public 0.02%

    Turnout: all 48.41% · promoters 82.46% · institutions 69.70% · other public 3.31%

  4. To approve ratification of remuneration payable to M/s S. Shekhar & Co., Cost Accountants (FRN: 000452) Cost Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.07% · promoters 100.00% · institutions 69.70% · other public 3.31%

  5. To approve appointment of M/s NSP & Associates, Practicing Company Secretaries (Peer Review No. 1797/2022) as Secretarial Auditors for the financial years 2025-26 to 2029-30
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.07% · promoters 100.00% · institutions 69.70% · other public 3.31%

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 Jan 2025, 1 resolution

68,663 shareholders on the register on 29 Nov 2024; votes counted by NAVEEN SHREE PANDEY / NSP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Re-appointment of Mrs. Neerja Kumar (DIN: 08679454) as Non-Executive Independent Woman Director on the Board of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 51.53% · promoters 90.87% · institutions 39.66% · other public 2.18%

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, 21 Sep 2024, 9 resolutions

Present: 11 promoters and 148 others.The company's voting result (opens in a new tab)

  1. Adoption of Annual Audited Standalone Financial Statements (alongwith Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2024, together with the report of the Board of Director’s and the Auditor’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  2. To declare a Final Dividend of Rs. 0.025 (2.5%) per equity share of Re. 1/- each.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  3. To appoint Mr. Ajay Kumar Bansal, who liable to retires by rotation and being eligible, offers himself for reappointment as a Director.
    OrdinaryPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.90% · other public 0.02%

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  4. Ratification of Remuneration payable to Cost Auditor.
    Special
    100.00% for0.00% against

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

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  5. Approval for Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.
    Special
    95.77% for4.23% against

    Against: promoters 0.00% · institutions 33.73% · other public 0.03%

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  6. Approval of Grant of Options to the Employees of the Company including subsidiary company, in India or outside India under Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.
    Special
    95.77% for4.23% against

    Against: promoters 0.00% · institutions 33.73% · other public 0.01%

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  7. Approval for the acquisition of Equity Shares by way of secondary acquisition under Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.
    Special
    100.00% for0.00% against

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

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  8. Approval for the provision of money by the company for the purchase of its own shares by the Trust / Trustees for the benefit of employees under Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

  9. Raising of Funds by issuance of equity shares and/or any other equity based instruments, through Private Placement or Qualified Institutions Placement or Further Public Offer or A Right Issue and/or through any other permissible mode under applicable laws and/or combination thereof upto aggregate an amount of Rs. 600 Crores.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 57.64% · promoters 94.43% · institutions 36.89% · other public 8.36%

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.

Postal ballot, 27 Mar 2024, 1 resolution

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

  1. APPOINTMENT OF MR. KAMLESHWAR PRASAD (DIN: 10438618) AS WHOLE TIME DIRECTOR (EXECUTIVE DIRECTOR-OPERATIONS) ON THE BOARD OF THE COMPANY.
    Special
    100.00% for0.00% against

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

    Turnout: all 60.83% · promoters 99.97% · institutions 61.81% · other public 6.28%

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.

Annual general meeting, 29 Sep 2023, 9 resolutions

Present: 10 promoters and 95 others.The company's voting result (opens in a new tab)

  1. Adoption of Annual Audited Standalone Financial Statements (alongwith Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2023, together with the report of the Board of Director’s and the Auditor’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  2. To declare a Final Dividend of Rs. 0.025 (2.5%) per equity share of Re. 1/- each.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  3. To appoint Mr. Anish Bansal, who liable to retires by rotation and being eligible, offers himself for reappointment as a Director.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 48.99% · promoters 80.30% · institutions 26.52% · other public 7.91%

  4. To approve borrowing powers under section 180(1)(c) of the Companies Act, 2013 upto Rs. 800 Crores.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  5. To approve creation of charges, mortgages, hypothecation on the immovable and movable properties of the company under section 180(1)(a) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  6. Approval for giving loans, guarantee or providing security under section 185 of Companies Act, 2013.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  7. Approval for giving loans, inter corporate deposits, making investments, giving guarantees in excess of the limits prescribed under section 186 of the Companies Act, 2013.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  8. Re-appointment of Mr. Mukesh Kumar Garg (DIN: 08936325) as Non-Executive Independent Director of the company for second term of three (3) years.
    Special
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

  9. Ratification of Remuneration payable to Cost Auditor.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 59.35% · promoters 99.04% · institutions 26.52% · other public 7.91%

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

Postal ballot, 2 Mar 2023, 2 resolutions

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

  1. APPROVAL OF SUB-DIVISION (SPLIT) OF EQUITY SHARES OF THE COMPANY
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.24% · promoters 100.00% · institutions 25.82% · other public 7.66%

  2. ALTERATION OF THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.24% · promoters 100.00% · institutions 25.82% · other public 7.66%

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 28 Jun 2026, 3 fund houses

  • ISSUANCE OF 90,00,000 (NINETY LAKHS) FULLY CONVERTIBLE EQUITY WARRANTS ON PREFERENTIAL BASIS TO THE PERSONS BELONGING TO PROMOTER GROUP CATEGORY
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with the law. Governance and Transparency concern: Warrants are placed at par with equity shares as it is proposed to be issued at the floor price determined as per the SEBI (ICDR) Regulations, 2018, without substantial premium for the conversion period; Absence of a clear rationale supporting the urgent requirement of funds; Basis of selecting the promoter group members as allottee remains unclear; No clarity on why issuance of Warrants is the preferred mode of fund-raising to promoters, at a price which may not consider the premium for 18 months conversion period.
    2 for1 against

Mutual fund votes, meeting of 27 Sep 2025, 4 fund houses

  • Adoption of Annual Standalone Audited Financial Statements (Along with Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2025 together with the report(s) of the Board of Director’s and the Auditor’s thereonMoreLess
    4 for0 against
  • To declare a Final Dividend of Rs. 0.025 (2.5%) per equity share of Re. 1/- each
    4 for0 against
  • To appoint Mr. Anish Bansal (DIN: 00670250), who liable to retires by rotation and being eligible, offers himself for re-appointment as a Whole-Time Director
    4 for0 against
  • To approve ratification of remuneration payable to M/s S. Shekhar & Co., Cost Accountants (FRN: 000452) Cost Auditors of the Company
    4 for0 against
  • To approve appointment of M/s NSP & Associates, Practicing Company Secretaries (Peer Review No. 1797/2022) as Secretarial Auditors for the financial years 2025-26 to 2029-30
    4 for0 against
4 earlier meetings

Mutual fund votes, meeting of 4 Jan 2025, 6 fund houses

  • Re-appointment of Mrs. Neerja Kumar (DIN: 08679454) as Non-Executive Independent Woman Director on the Board of the Company
    6 for0 against

Mutual fund votes, meeting of 21 Sep 2024, 3 fund houses

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

  • Adoption of Annual Audited Standalone Financial Statements (alongwith Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2024, together with the report of the Board of Director’s and the Auditor’s Report thereon.MoreLess
    2 for0 against
  • To declare a Final Dividend of Rs. 0.025 (2.5%) per equity share of Re. 1/- each.
    3 for0 against
  • To appoint Mr. Ajay Kumar Bansal, who liable to retires by rotation and being eligible, offers himself for reappointment as a Director.
    3 for0 against
  • Ratification of Remuneration payable to Cost Auditor.
    3 for0 against
  • Approval for Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundAs per the Scheme, the company proposes to grant 2,000,000 stock options to employees of the company and subsidiary companies, which will result in an equity dilution of ~1.12% on the expanded capital base. The scheme will be implemented through trust route via secondary acquisition of shares. The vesting of options is either time-based or vesting may be linked with certain performance and other criteria as decided by the Nomination and Remuneration Committee (NRC). The exercise price will be decided by the NRC, which will be the average purchase price of the shares acquired by the trust or the market price, whichever is higher. Further, the NRC has a power to provide suitable discount on exercise price, which shall not be lower than the face value of the shares. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. In the current case The NRC has the discretion to determine the price at which the stock options will be granted. If the stock options are granted at a significant discount (>20%), there is no alignment between the interests of investors and those of employees. We make an exception in cases where the vesting of such options is mandatorily linked to pre-defined performance parameters and the company has disclosed the performance targets for such parameters. However, the company has not disclosed what proportion of the options will have performance-based vesting, nor has the company defined performance criteria and targets. In absence of clarity, we are unable to support the resolution.
    2 for1 against
  • Approval of Grant of Options to the Employees of the Company including subsidiary company, in India or outside India under Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundThrough resolution #6, the company proposes to extend the benefits ESOS 2024 to employees of subsidiary company in India or outside India. While we support the extension of ESOS 2024 to employees of unlisted subsidiaries, our view on the resolution is linked to our view on resolution #5. We do not support the resolution.
    2 for1 against
  • Approval for the acquisition of Equity Shares by way of secondary acquisition under Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundThrough resolution #7, the company seeks approval to implement ESOS 2024 by way of secondary acquisition of shares by the trust. Our view on this resolution is linked to our view on resolution #5. We do not support the resolution.
    2 for1 against
  • Approval for the provision of money by the company for the purchase of its own shares by the Trust / Trustees for the benefit of employees under Hi-Tech Pipes Limited Employee Stock Option Scheme – 2024.MoreLess
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundThrough resolution #8, the company seeks approval to provide financial support to the trust for acquisition of shares to implement the Scheme. The loan will be interest free and will be subject to the regulatory threshold of 5% of aggregate paid-up share capital and free reserves. Our view on this resolution is linked to our view on resolution #5. We do not support the resolution.
    2 for1 against
  • Raising of Funds by issuance of equity shares and/or any other equity based instruments, through Private Placement or Qualified Institutions Placement or Further Public Offer or A Right Issue and/or through any other permissible mode under applicable laws and/or combination thereof upto aggregate an amount of Rs. 600 Crores.MoreLess
    3 for0 against
1 proposal not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

Mutual fund votes, meeting of 27 Mar 2024, 3 fund houses

  • APPOINTMENT OF MR. KAMLESHWAR PRASAD (DIN: 10438618) AS WHOLE TIME DIRECTOR (EXECUTIVE DIRECTOR-OPERATIONS) ON THE BOARD OF THE COMPANY.
    3 for0 against

Mutual fund votes, meeting of 29 Sep 2023, 1 fund house

  • 1. Adoption of Annual Audited Standalone Financial Statements (alongwith Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2023, together with the report of the Board of Director’s and the Auditor’s Report thereon. 2. To declare a Final Dividend of Re. 0.025 per equity share of Re. 1/- each. 3. To appoint Mr. Anish Bansal, who liable to retires by rotation and being eligible, offers himself for reappointment as a Director. 4. To approve borrowing powers under section 180(1)(c) of the Companies Act, 2013 upto Rs. 800 Crores. 5. To approve creation of charges, mortgages, hypothecation on the immovable and movable properties of the company under section 180(1)(a) of the Companies Act, 2013. 6. Approval for giving loans, guarantee or providing security under section 185 of Companies Act, 2013. 7. Approval for giving loans, inter corporate deposits, making investments, giving guarantees in excess of the limits prescribed under section 186 of the Companies Act, 2013. 8. Re-appointment of Mr. Mukesh Kumar Garg (DIN: 08936325) as Non-Executive Independent Director of the company for second term of three (3) years. 9. Ratification of Remuneration payable to Cost Auditor.MoreLess
    1 for0 against

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeU.P. TAX ON ENTRY OF GOODS IN TO LOCAL AREAS ORDINANCE 2007Since 31 Mar 2008
    BEFORE THE HIGH COURT ALLAHABAD, U.P.
    At the filing before: NO CHANGE

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

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
No
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026.

RaisedAmount raisedForSet asideSpentSpent elsewhere
QIPOct 2024, checked by CRISIL500.79Funding capital expenditure requirement for expansion of the existing manufacturing unit at Sanand, Gujarat and setting up a new manufacturing unit at Sri Citv (Chinnapandru), Andhra Pradesh140.0096.00No
QIPOct 2024, checked by CRISIL500.79Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by our Company250.00250.00No
QIPOct 2024, checked by CRISIL500.79General corporate purposes83.2983.29No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.