Honeywell Automation India MD, chairman, board of directors and AGM
NSE: HONAUTBSE: 517174Industrial ManufacturingSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹31,230.00.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- 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.
- ₹27,824 Cr276th 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. The filing of 29 Jul 2026
- 50.5
- 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 20 May 2026
- 6.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.35%
- 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 29 Jul 2026
- 13.0%
- 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 29 Jul 2026
- 13.1%
- 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 20 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,28843.5% delivered
Honeywell Automation India board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonGanesh Natarajan
- Company Secretary and Compliance OfficerINDU DARYANI
6 directors2 independent1 executive3 non-executive
- Ganesh Natarajan · ChairpersonIndependent · joined Mar 2021 · reappointed Mar 2026 · 3 months as independent · 4 listed boards · 3 as independent · 6 committee seats, 1 as chair
- Neera SaggiIndependent · joined Feb 2019 · reappointed Feb 2024 · 28 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 1 as chair
- Atul Vinayak PaiExecutive · joined Nov 2020 · reappointed May 2024 · 1 listed board · 1 committee seat
- Ashish Kumar ModiNon-executive · joined Oct 2019 · reappointed Oct 2019 · 1 listed board · 1 committee seat, 1 as chair
- Robert David MaillouxNon-executive · joined Dec 2024 · reappointed Dec 2024 · 1 listed board · 1 committee seat
- Jake Morgan WassermanNon-executive · joined Nov 2025 · reappointed Nov 2025 · 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.
3 directors who left
- Pedro Thena Garrote, left 5 Nov 2025: Others
- Thaj Mathew, left 20 Dec 2024: Others
- Brian Scott Rudick, left 29 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 May 20265 of 6 present2 independent · 106 days in between
- 2 Feb 20265 of 6 present2 independent
Audit Committee
Chair Ganesh Natarajan
Neera Saggi, Robert David Mailloux
- 20 May 20263 of 3 present2 independent · 106 days in between
- 2 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Neera Saggi
Ganesh Natarajan, Ashish Kumar Modi
- 20 May 20262 of 3 present2 independent · 29 days in between
- 20 Apr 20262 of 3 present2 independent · 76 days in between
- 2 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Ashish Kumar Modi
Ganesh Natarajan, Atul Vinayak Pai
- 20 May 20262 of 3 present1 independent · 106 days in between
- 2 Feb 20263 of 3 present1 independent
Risk Management Committee
Chair Atul Vinayak Pai
Ashish Kumar Modi, Neera Saggi, Satish Kumar Agarwal
- 20 May 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Atul Vinayak Pai
Neera Saggi, Ashish Kumar Modi
- 20 May 20262 of 3 present1 independent · 106 days in between
- 2 Feb 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 Jun 2026.
- Walker Chandiok & Co LLPPeer-review certificate valid to May 2028
1 earlier auditor
- Deloitte Haskins & Sells LLPNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Honeywell Automation India AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Honeywell Automation India dividend history
Annual general meeting, 29 Jul 2026
33,508 shareholders on the register on 22 Jul 2026; present: 1 promoter and 41 others; votes counted by AMRUTA RAJARSHI / BOKIL PUNDE AND ASSOCIATES.The company's voting result (opens in a new tab)
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
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 88.71% · promoters 100.00% · institutions 88.69% · other public 0.29%
- To declare a Final Dividend of INR 110 (Rupees One Hundred and Ten Only) per equity share for the Financial Year 2025-26.Ordinary99.68% for0.32% against
Against: promoters 0.00% · institutions 2.07% · other public 0.12%
Turnout: all 88.74% · promoters 100.00% · institutions 88.89% · other public 0.29%
- To appoint a director in place of Mr. Ashish Kumar Modi (DIN: 07680512), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.71% for0.29% against
Against: promoters 0.00% · institutions 1.86% · other public 5.51%
Turnout: all 88.74% · promoters 100.00% · institutions 88.89% · other public 0.28%
- Commission payable to Dr. Ganesh Natarajan (DIN: 00176393), Independent Director, Non-Executive Chairman Board, for FY 2025-26Special99.81% for0.19% against
Against: promoters 0.00% · institutions 1.21% · other public 10.24%
Turnout: all 88.74% · promoters 100.00% · institutions 88.89% · other public 0.29%
- Material Related Party Transactions of the Company during FY 2026-27 with Honeywell International Inc., Ultimate Holding Company.OrdinaryPromoters have an interest in it87.55% for12.45% against
Against: promoters 0.00% · institutions 12.45% · other public 9.09%
Turnout: all 13.74% · promoters 0.00% · institutions 88.89% · other public 0.29%
- Material Related Party Transactions of the Company during FY 2026-27 with Honeywell Measurex (Ireland) Limited, a fellow subsidiary of the Company.OrdinaryPromoters have an interest in it87.55% for12.45% against
Against: promoters 0.00% · institutions 12.45% · other public 9.09%
Turnout: all 13.74% · promoters 0.00% · institutions 88.89% · other public 0.29%
- Ratification of Cost Auditor’s Remuneration for FY 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 88.74% · promoters 100.00% · institutions 88.89% · other public 0.29%
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, 30 Jan 2026, 2 resolutions
35,761 shareholders on the register on 26 Dec 2025; votes counted by AMRUTA RAJARSHI / BOKIL PUNDE AND ASSOCIATES.The company's voting result (opens in a new tab)
- Appointment of Mr. Jake Morgan Wasserman (DIN: 11364789) as Non-Executive Director of the Company.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.54% · other public 0.11%
Turnout: all 89.08% · promoters 100.00% · institutions 91.40% · other public 3.78%
- Re-Appointment of Dr. Ganesh Natarajan (DIN: 00176393) as an Independent Director of the Company.Special99.01% for0.99% against
Against: promoters 0.00% · institutions 6.39% · other public 0.80%
Turnout: all 89.08% · promoters 100.00% · institutions 91.40% · other public 3.78%
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 Jun 2025, 10 resolutions
36,606 shareholders on the register on 20 Jun 2025; present: 1 promoter and 71 others; votes counted by AMRUTA RAJARSHI / BOKIL PUNDE AND ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
- To declare a Final Dividend of INR 105 Rupees One Hundred and Five only per equity share for the Financial Year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 0.16%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
- To appoint a director in place of Mr. Atul Vinayak Pai (DIN: 02704506), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.87% for0.13% against
Against: promoters 0.00% · institutions 0.84% · other public 0.58%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
- Appointment M/s Walker Chandiok & Co LLP (Firm Registration No. 001076N/ N500013) as the Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
- Commission payable to Dr. Ganesh Natarajan (DIN: 00176393), Independent Director, Non-Executive Chairman – Board.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 8.05%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
- Material Related Party Transactions of the Company with Honeywell International Inc., Ultimate Holding Company.OrdinaryPromoters have an interest in it97.95% for2.06% against
Against: promoters 0.00% · institutions 2.05% · other public 3.67%
Turnout: all 13.34% · promoters 0.00% · institutions 89.24% · other public 0.35%
- Material Related Party Transactions of the Company with Honeywell Measurex (Ireland) Limited, a fellow subsidiary of the Company.OrdinaryPromoters have an interest in it97.94% for2.06% against
Against: promoters 0.00% · institutions 2.05% · other public 7.40%
Turnout: all 13.34% · promoters 0.00% · institutions 89.24% · other public 0.35%
- Related Party Transactions of the Company with Honeywell Middle East BV, a fellow subsidiary of the Company.OrdinaryPromoters have an interest in it97.94% for2.06% against
Against: promoters 0.00% · institutions 2.05% · other public 7.40%
Turnout: all 13.34% · promoters 0.00% · institutions 89.24% · other public 0.35%
- Appointment of J B Bhave & Co, Company Secretaries, as the Secretarial Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
- Ratification of Cost Auditor’s RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 88.34% · promoters 100.00% · institutions 89.24% · other public 0.35%
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 Jan 2025, 2 resolutions
35,564 shareholders on the register on 13 Dec 2024; votes counted by AMRUTA RAJARSHI / BOKIL PUNDE AND ASSOCIATES.The company's voting result (opens in a new tab)
- Appointment of Mr. Pedro Thena Garrote (DIN: 10741347) as a Non-Executive Director of the CompanyOrdinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.52% · other public 0.28%
Turnout: all 88.77% · promoters 100.00% · institutions 89.53% · other public 2.34%
- Appointment of Mr. Robert David Mailloux (DIN: 10859792) as a Non-Executive Director of the CompanyOrdinary99.80% for0.20% against
Against: promoters 0.00% · institutions 1.27% · other public 0.28%
Turnout: all 88.77% · promoters 100.00% · institutions 89.53% · other public 2.37%
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.
Annual general meeting, 5 Aug 2024, 9 resolutions
Present: 1 promoter and 57 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
- To declare a final dividend of INR 100/- (Rupees One Hundred Only) per equity share for the Financial Year 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
- To appoint a Director in place of Mr. Ashish Modi (DIN: 07680512), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary98.47% for1.53% against
Against: promoters 0.00% · institutions 10.42% · other public 0.36%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
- Appointment of Mr. Atul Pai (DIN: 02704506) as the Managing Director of the CompanyOrdinary99.78% for0.22% against
Against: promoters 0.00% · institutions 1.52% · other public 0.27%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
- Appointment of Mr. Thaj Mathew (DIN: 07425690) as a Non-Executive Director of the CompanyOrdinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.45% · other public 0.33%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
- Commission payable to Dr. Ganesh Natarajan (DIN: 00176393), Independent Director, Non Executive Chairman - BoardSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 5.16%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
- Material Related Party Transactions of the Company with Honeywell International Inc., Ultimate Holding CompanyOrdinaryPromoters have an interest in it92.78% for7.22% against
Against: promoters 0.00% · institutions 7.22% · other public 6.82%
Turnout: all 12.93% · promoters 0.00% · institutions 83.82% · other public 0.39%
- Material Related Party Transactions of the Company with Honeywell Measurex (Ireland) Limited, a fellow subsidiary of the CompanyOrdinaryPromoters have an interest in it92.78% for7.22% against
Against: promoters 0.00% · institutions 7.22% · other public 6.82%
Turnout: all 12.93% · promoters 0.00% · institutions 83.82% · other public 0.39%
- Ratification of Cost Auditor’s RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 87.93% · promoters 100.00% · institutions 83.82% · other public 0.39%
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, 6 Nov 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Brian Scott Rudick (DIN: 06759691) as a Non-Executive Director of the CompanyOrdinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.51% · other public 8.16%
Turnout: all 87.94% · promoters 100.00% · institutions 82.37% · other public 1.65%
- Re-appointment of Ms. Neera Saggi (DIN: 00501029) as an Independent Director of the CompanySpecial99.80% for0.20% against
Against: promoters 0.00% · institutions 1.29% · other public 8.27%
Turnout: all 87.94% · promoters 100.00% · institutions 82.34% · other public 1.65%
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, 10 Aug 2023, 4 resolutions
Present: 1 promoter and 50 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 87.32% · promoters 100.00% · institutions 78.64% · other public 0.52%
- To declare a final dividend of Rs.95 (Rupees Ninety Five Only) per equity share for the financial year 2022-23.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 87.32% · promoters 100.00% · institutions 78.67% · other public 0.52%
- To appoint a Director in place of Mr. Ashish Gaikwad (DIN: 07585079), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.45% · other public 15.67%
Turnout: all 87.32% · promoters 100.00% · institutions 78.64% · other public 0.52%
- To ratify remuneration of Cost Auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 87.32% · promoters 100.00% · institutions 78.64% · other public 0.52%
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 May 2023, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Ms. Nisha Gupta (DIN: 02331771) as a Non-Executive Director of the CompanyOrdinary99.78% for0.22% against
Against: promoters 0.00% · institutions 1.45% · other public 6.34%
Turnout: all 88.06% · promoters 100.00% · institutions 85.24% · other public 0.57%
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.Funds that hold it
Mutual fund votes, meeting of 29 Jul 2026, 9 fund houses so far (houses' deadline to file 15 Oct 2026)
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
9 for0 against- To declare a Final Dividend of INR 110 (Rupees One Hundred and Ten Only) per equity share for the Financial Year 2025-26.9 for0 against
- To appoint a director in place of Mr. Ashish Kumar Modi (DIN: 07680512), who retires by rotation and being eligible, offers himself for re-appointment.9 for0 against
- Commission payable to Dr. Ganesh Natarajan (DIN: 00176393), Independent Director, Non-Executive Chairman Board, for FY 2025-269 for0 against
- Material Related Party Transactions of the Company during FY 2026-27 with Honeywell International Inc., Ultimate Holding Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundTransparency concern: Basis for Arm’s Length pricing is not adequately disclosed.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed
- LIC Mutual FundCompliant with law. Transparency concern: Basis for Arm s Length pricing is not adequately disclosed
5 for4 against - Material Related Party Transactions of the Company during FY 2026-27 with Honeywell Measurex (Ireland) Limited, a fellow subsidiary of the Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundTransparency concern: Basis for Arm’s Length pricing is not adequately disclosed.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed
- LIC Mutual FundCompliant with law. Transparency concern: Basis for Arm s Length pricing is not adequately disclosed
5 for4 against - Ratification of Cost Auditor’s Remuneration for FY 2026-27.9 for0 against
Mutual fund votes, meeting of 30 Jan 2026, 22 fund houses
- Appointment of Mr. Jake Morgan Wasserman (DIN: 11364789) as Non-Executive Director of the Company.22 for0 against
- Re-Appointment of Dr. Ganesh Natarajan (DIN: 00176393) as an Independent Director of the Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance concern: Director’s time commitments appear to be excessive as he holds 2 full-time positions. Chairman of the Board and Audit Committee is same person.
- Edelweiss Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Director’s time commitments appear to be excessive as he holds 2 full-time positions. Chairman of the Board and Audit Committee is same person.
- LIC Mutual FundGovernance concern: Director s time commitments appear to be excessive as he holds 2 full-time positions. Chairman of the Board and Audit Committee is same person.
14 for8 against
6 earlier meetings
Mutual fund votes, meeting of 27 Jun 2025, 24 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
24 for0 against- To declare a Final Dividend of INR 105 Rupees One Hundred and Five only per equity share for the Financial Year 2024-2524 for0 against
- To appoint a director in place of Mr. Atul Vinayak Pai (DIN: 02704506), who retires by rotation and being eligible, offers himself for re-appointment.24 for0 against
- Appointment M/s Walker Chandiok & Co LLP (Firm Registration No. 001076N/ N500013) as the Statutory Auditors of the Company.24 for0 against
- Commission payable to Dr. Ganesh Natarajan (DIN: 00176393), Independent Director, Non-Executive Chairman – Board.24 for0 against
- Material Related Party Transactions of the Company with Honeywell International Inc., Ultimate Holding Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance & Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed, unclear how the sale or purchase of Fixed Assets falls within the ordinary course of business.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Governance & Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed, unclear how the sale or purchase of Fixed Assets falls within the ordinary course of business.
- LIC Mutual FundCompliant with law. Governance & Transparency concern: Basis for Arm s Length pricing is not adequately disclosed, unclear how the sale or purchase of Fixed Assets falls within the ordinary course of business.
17 for7 against - Material Related Party Transactions of the Company with Honeywell Measurex (Ireland) Limited, a fellow subsidiary of the Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundTransparency concern: Basis for Arm’s Length pricing is not adequately disclosed.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed.
- LIC Mutual FundCompliant with law. Transparency concern: Basis for Arm s Length pricing is not adequately disclosed.
17 for7 against - Related Party Transactions of the Company with Honeywell Middle East BV, a fellow subsidiary of the Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance & Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed, unclear how the sale or purchase of Fixed Assets falls within the ordinary course of business.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Governance & Transparency concern: Basis for Arm’s Length pricing is not adequately disclosed, unclear how the sale or purchase of Fixed Assets falls within the ordinary course of business.
- LIC Mutual FundCompliant with law. Governance & Transparency concern: Basis for Arm s Length pricing is not adequately disclosed, unclear how the sale or purchase of Fixed Assets falls within the ordinary course of business.
17 for7 against - Appointment of J B Bhave & Co, Company Secretaries, as the Secretarial Auditors of the Company.24 for0 against
- Ratification of Cost Auditor’s Remuneration22 for0 against
1 proposal not matched to one resolution
- Ratify remuneration of Rs. 700,000 payable to C S Adawadkar & Co. as cost auditors for FY262 for0 against
Mutual fund votes, meeting of 20 Jan 2025, 24 fund houses
- Appointment of Mr. Pedro Thena Garrote (DIN: 10741347) as a Non-Executive Director of the Company24 for0 against
- Appointment of Mr. Robert David Mailloux (DIN: 10859792) as a Non-Executive Director of the Company24 for0 against
Mutual fund votes, meeting of 5 Aug 2024, 27 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
26 for0 against- To declare a final dividend of INR 100/- (Rupees One Hundred Only) per equity share for the Financial Year 2023-2426 for0 against
- To appoint a Director in place of Mr. Ashish Modi (DIN: 07680512), who retires by rotation and being eligible, offers himself for re-appointment.26 for0 against
- Appointment of Mr. Atul Pai (DIN: 02704506) as the Managing Director of the Company26 for0 against
- Appointment of Mr. Thaj Mathew (DIN: 07425690) as a Non-Executive Director of the Company26 for0 against
- Commission payable to Dr. Ganesh Natarajan (DIN: 00176393), Independent Director, Non Executive Chairman - Board26 for0 against
- Material Related Party Transactions of the Company with Honeywell International Inc., Ultimate Holding Company
Against Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Nature of transaction is not in the ordinary course of business. Transparency Concern: No clarity on obtaining Prior Shareholders approval.
- Baroda BNP Paribas Mutual FundCompliant with Law. Governance Concern, in our view, purchase/sale of fixed assets is not in the ordinary course of business and therefore, transparency concern. No clarity on obtaining Prior Shareholders approval.
- Zerodha Mutual FundGovernance Concern: Nature of transaction is not in the ordinary course of business. Transparency Concern: No clarity on obtaining Prior Shareholders approval.
17 for9 against - Material Related Party Transactions of the Company with Honeywell Measurex (Ireland) Limited, a fellow subsidiary of the Company
Against Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bajaj Finserv Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Helios Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Nature of transaction is not in the ordinary course of business. Transparency Concern: No clarity on obtaining Prior Shareholders approval.
- Baroda BNP Paribas Mutual FundCompliant with Law. Governance Concern, in our view, purchase/sale of fixed assets is not in the ordinary course of business and therefore, transparency concern. No clarity on obtaining Prior Shareholders approval.
- Zerodha Mutual FundGovernance Concern: Nature of transaction is not in the ordinary course of business. Transparency Concern: No clarity on obtaining Prior Shareholders approval.
17 for9 against - Ratification of Cost Auditor’s Remuneration26 for0 against
9 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
- Item 7, as a fund house numbered it1 for0 against
- Item 8, as a fund house numbered it1 for0 against
- Item 9, as a fund house numbered it1 for0 against
Mutual fund votes, meeting of 6 Nov 2023, 21 fund houses
- Appointment of Mr. Brian Scott Rudick (DIN: 06759691) as a Non-Executive Director of the Company21 for0 against
- Re-appointment of Ms. Neera Saggi (DIN: 00501029) as an Independent Director of the Company21 for0 against
Mutual fund votes, meeting of 10 Aug 2023, 20 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
20 for0 against- To declare a final dividend of Rs.95 (Rupees Ninety Five Only) per equity share for the financial year 2022-23.20 for0 against
- To appoint a Director in place of Mr. Ashish Gaikwad (DIN: 07585079), who retires by rotation and being eligible, offers himself for re-appointment.20 for0 against
- To ratify remuneration of Cost Auditors.7 for0 against
1 proposal not matched to one resolution
Ratification of remuneration of Rs. 7,00,000/- plus applicable taxes and re-imbursement of out-of-pocket expenses payable to M/s C S Adawadkar & Co., Cost Accountants (Firm Registration No. 100401) who are appointed by the Board of Directors as the Cost Auditors of the Company for financial year ending March 31, 2024.MoreLess
13 for0 against
Mutual fund votes, meeting of 28 May 2023, 19 fund houses
- Appointment of Ms. Nisha Gupta (DIN: 02331771) as a Non-Executive Director of the Company19 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
- No
- 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.