ICRA logo

ICRA CEO, MD, chairman, board of directors and AGM

NSE: ICRABSE: 532835Capital MarketsSmall Cap

Last close ₹4,472.40down ₹8.40 (0.19%)BSE ₹4,474.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹4,480.80.

52-week range of traded prices to 23 Oct 2026
₹4,198.20Low, 30 Sep 2026₹6,620.00High, 29 Oct 2025
Market cap
₹4,316 Cr756th largest listed
P/E
22.1
P/B
3.7
Dividend yield
2.35%
ROE
17.5%
ROCE
16.5%
Debt to equity
0.00
Volume, NSE
16,90362.6% delivered

ICRA board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonPalamadai Sundararajan Jayakumar
  • Managing director and CEORamnath Krishnan
  • Company Secretary and Compliance OfficerS. Shakeb Rahman

8 directors3 independent1 executive4 non-executive

  • Palamadai Sundararajan Jayakumar · ChairpersonIndependent · joined Nov 2024 · reappointed Nov 2024 · 23 months as independent · 6 listed boards · 6 as independent · 6 committee seats, 2 as chair
  • Pradip Manilal KanakiaIndependent · joined Nov 2024 · reappointed Nov 2024 · 23 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 4 as chair
  • Anuranjita KumarIndependent · joined Dec 2024 · reappointed Dec 2024 · 22 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
  • Wendy Huay Huay CheongNon-executive · joined Nov 2020 · reappointed Jul 2026 · 1 listed board · 1 committee seat
  • Shivani Priya Mohini KakNon-executive · joined Feb 2022 · reappointed Jul 2024 · 1 listed board · 1 committee seat, 1 as chair
  • Stephen Arthur LongNon-executive · joined May 2022 · reappointed Jul 2025 · 1 listed board
  • Brian Joseph CahillNon-executive · joined Aug 2024 · reappointed Aug 2024 · 1 listed board
  • Ramnath Krishnan · Managing director and CEOExecutive · joined Oct 2021 · reappointed Oct 2024 · 1 listed board · 1 committee seat

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
  • Radhika Vijay Haribhakti, left 4 Dec 2024: Tenure Completion
  • Arun Duggal, left 11 Nov 2024: Tenure Completion
  • Ranjana Agarwal, left 11 Nov 2024: Tenure Completion

Committees and meetings

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

  • Board

    • 30 Jul 20268 of 8 present3 independent · 69 days in between
    • 21 May 20268 of 8 present3 independent

  • Audit Committee

    Chair Pradip Manilal Kanakia

    Palamadai Sundararajan Jayakumar, Anuranjita Kumar, Wendy Huay Huay Cheong

    • 30 Jul 20264 of 4 present3 independent · 69 days in between
    • 21 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Anuranjita Kumar

    Pradip Manilal Kanakia, Wendy Huay Huay Cheong

    • 20 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Shivani Priya Mohini Kak

    Anuranjita Kumar, Ramnath Krishnan

    • 29 Jul 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Stephen Arthur Long

    Pradip Manilal Kanakia, Ramnath Krishnan

    • 29 Jul 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Anuranjita Kumar

    Shivani Priya Mohini Kak, Ramnath Krishnan

    • 21 May 20263 of 3 present1 independent · no day in between

  • Strategy Committee

    Chair Wendy Huay Huay Cheong

    Brian Joseph Cahill, Ramnath Krishnan

    • 20 May 20263 of 3 present0 independent

  • Ratings Sub-Committee

    Chair Brian Joseph Cahill

    Palamadai Sundararajan Jayakumar, Stephen Arthur Long

    • 29 Jul 20263 of 3 present1 independent · 69 days in between
    • 20 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Deloitte Haskins & SellsPeer-review certificate valid to Mar 2027

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.

ICRA 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.ICRA dividend history

Annual general meeting, 30 Jul 2026

25,456 shareholders on the register on 23 Jul 2026; present: 2 promoters and 142 others; votes counted by Sachin Agarwal / A. Sachin & Associates, Companies Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026, and the report of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.81%

    Turnout: all 77.43% · promoters 100.00% · institutions 85.60% · other public 0.36%

  2. To receive, consider and adopt the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2026, and the report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.81%

    Turnout: all 77.43% · promoters 100.00% · institutions 85.60% · other public 0.36%

  3. To declare dividend of Rs. 105 on the equity shares for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 77.43% · promoters 100.00% · institutions 85.60% · other public 0.38%

  4. To appoint a Director in place of Ms. Wendy Huay Huay Cheong (DIN: 08927070), who retires by rotation, and being eligible, offers herself for reappointment
    Ordinary
    98.32% for1.68% against

    Against: promoters 0.00% · institutions 5.14% · other public 1.06%

    Turnout: all 77.43% · promoters 100.00% · institutions 85.60% · other public 0.38%

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, 31 Jul 2025, 5 resolutions

22,404 shareholders on the register on 24 Jul 2025; present: 2 promoters and 147 others; votes counted by Sachin Agarwal / A. Sachin & Associates, Companies Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: a. the audited standalone financial statements of the Company for the financial year ended March 31, 2025, and the report of the Board of Directors and Auditors thereon; and b. the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2025, and the report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.65%

    Turnout: all 77.98% · promoters 100.00% · institutions 78.14% · other public 0.45%

  2. To declare dividend of Rs. 60 on the equity shares for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.66%

    Turnout: all 77.99% · promoters 100.00% · institutions 78.16% · other public 0.45%

  3. To appoint a Director in place of Mr. Stephen Arthur Long (DIN: 09595066), who retires by rotation, and being eligible, offers himself for reappointment
    Ordinary
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.77% · other public 1.97%

    Turnout: all 77.99% · promoters 100.00% · institutions 78.16% · other public 0.45%

  4. Appointment of M/s. Chandrasekaran Associates, Company Secretaries, as the Secretarial Auditor of the Company and to fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 77.99% · promoters 100.00% · institutions 78.16% · other public 0.45%

  5. To pay Commission and/or remuneration to Non-Executive Directors, including Independent Directors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.08%

    Turnout: all 77.99% · promoters 100.00% · institutions 78.16% · other public 0.45%

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 Jul 2024, 10 resolutions

Present: 2 promoters and 140 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na. the audited standalone financial statements of the Company for the financial year ended March 31, 2024 and the report of the Board of Directors andnAuditors thereon; andnb. the audited consolidated financial statements of the Company and itsnSubsidiaries for the financial year ended March 31, 2024 and the report of thenAuditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.89%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  2. To declare dividend of Rs. 100 on the equity shares for the financial year ended March 31, 2024.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.18%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  3. To appoint a Director in place of Ms. Shivani Priya Mohini Kak (DIN: 09486147), who retires by rotation, and being eligible, offers herself for reappointment.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.14% · other public 26.60%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  4. Appointment of Deloitte Haskins & Sells as Statutory Auditor of the Company and to fix their remuneration and to consider and, if thought fit, to pass the resolutionnas an Ordinary Resolution
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.60%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  5. To approve the appointment of Mr. Palamadai Sundararajan Jayakumar (DIN: 01173236), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013 and to consider and, if thought fit, to pass the resolutionnas a Special ResolutionMoreLess
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.10% · other public 26.60%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  6. To approve the appointment of Mr. Pradip Manilal Kanakia (DIN: 00770347), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013 and to consider and, if thought fit, to pass the resolution as a Special ResolutionMoreLess
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.10% · other public 26.60%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  7. To approve the appointment of Ms. Anuranjita Kumar (DIN: 05283847), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013 and to consider and, if thought fit, to pass the resolution as a Special ResolutionMoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.60%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  8. To appoint Mr. Brian Joseph Cahill (DIN: 10615493) as a Non-Executive and NonIndependent Director of the Company and to consider and, if thought fit, to pass with or without modification(s), the resolution as an Ordinary ResolutionMoreLess
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.16% · other public 28.25%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  9. To appoint Mr. Ramnath Krishnan (DIN: 09371341) as a Director of the Company not liable to retire by rotation, and to re-appoint as a Managing Director & CEO ofnthe Company and as CEO of ICRA Group and to consider and, if thought fit, to pass the resolution as an Ordinary ResolutionMoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.14% · other public 26.60%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

  10. To approve payment of remuneration to Mr. Ramnath Krishnan (DIN: 09371341) as a Managing Director & CEO of the Company and as CEO of ICRA Group and to consider and, if thought fit, to pass the resolution as a Special ResolutionMoreLess
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.19% · other public 28.96%

    Turnout: all 73.42% · promoters 100.00% · institutions 66.10% · other public 0.19%

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, 3 Aug 2023, 5 resolutions

Present: 2 promoters and 157 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na. the audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the report of the Board of Directors and Auditors thereon; andnb. the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2023 and the report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 73.23% · promoters 100.00% · institutions 65.86% · other public 0.42%

  2. To declare dividend of Rs 130 per share on the equity shares for the financial year ended March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 73.23% · promoters 100.00% · institutions 65.86% · other public 0.41%

  3. To appoint a Director in place of Ms. Wendy Huay Huay Cheong (DIN: 08927070), who retires by rotation, and being eligible, offers herself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.73%

    Turnout: all 73.23% · promoters 100.00% · institutions 65.86% · other public 0.40%

  4. To modify the terms of remuneration of Mr. Ramnath Krishnan (DIN: 09371341) as a Managing Director & CEO of the Company and as CEO of ICRA Group
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.53%

    Turnout: all 73.23% · promoters 100.00% · institutions 65.86% · other public 0.41%

  5. To approve the Material Related Party Transactions of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.53%

    Turnout: all 21.19% · promoters 0.00% · institutions 65.86% · other public 0.41%

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, 4 Aug 2022, 4 resolutions

Present: 2 promoters and 159 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt (i) the audited standalone financial statements of the Company for the financial year ended March 31, 2022 and the report of the Board of Directors and the Auditors thereon; and (ii) the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2022 and the report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.69%

    Turnout: all 78.15% · promoters 100.00% · institutions 72.04% · other public 0.34%

  2. To declare dividend of Rs.28 per share on the equity shares for the financial year ended March 31, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.03%

    Turnout: all 78.15% · promoters 100.00% · institutions 72.04% · other public 0.34%

  3. To appoint a Director in place of Mr. Michael Foley (DIN: 08583960), who retires by rotation, and being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.44%

    Turnout: all 78.15% · promoters 100.00% · institutions 72.04% · other public 0.34%

  4. To appoint Mr. Stephen Arthur Long (DIN: 09595066) as a Non-Executive and Non-Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.44%

    Turnout: all 78.15% · promoters 100.00% · institutions 72.04% · other public 0.34%

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, 26 Mar 2022, 4 resolutions

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

  1. To appoint Ms. Shivani Priya Mohini Kak (DIN: 09486147) as a Non-Executive and Non-Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.59%

    Turnout: all 78.36% · promoters 100.00% · institutions 71.31% · other public 1.79%

  2. To appoint Mr. Ramnath Krishnan (DIN: 09371341) as a Director of the Company not liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.37%

    Turnout: all 78.36% · promoters 100.00% · institutions 71.31% · other public 1.79%

  3. To appoint Mr. Ramnath Krishnan (DIN: 09371341) as a Managing Director & CEO of the Company and as CEO of ICRA Group
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.47%

    Turnout: all 78.36% · promoters 100.00% · institutions 71.31% · other public 1.79%

  4. To approve the Material Related Party Transactions of the Company
    OrdinaryPromoters have an interest in it
    98.43% for1.57% against

    Against: promoters 0.00% · institutions 1.56% · other public 2.83%

    Turnout: all 20.95% · promoters 0.00% · institutions 56.66% · other public 1.80%

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 Jul 2021, 6 resolutions

Present: 2 promoters and 140 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na.tthe audited standalone financial statements of the Company for the financial year ended March 31, 2021 and the report of the Board of Directors and Auditors thereon; andnb.tthe audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2021 and the report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.87% · promoters 100.00% · institutions 73.90% · other public 1.12%

  2. To declare dividend of Rs. 27 per share on the equity shares for the financial year ended March 31, 2021.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.87% · promoters 100.00% · institutions 73.90% · other public 1.12%

  3. To appoint a Director in place of Mr. David Brent Platt (DIN: 08424532), who retires by rotation, and being eligible, offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 80.87% · promoters 100.00% · institutions 73.90% · other public 1.12%

  4. To appoint Ms. Wendy Huay Huay Cheong (DIN: 08927070) as a Non-Executive and Non-Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.59%

    Turnout: all 80.87% · promoters 100.00% · institutions 73.90% · other public 1.12%

  5. To approve the continuation of Mr. Arun Duggal (DIN: 00024262) as a Non-Executive and Independent Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 80.87% · promoters 100.00% · institutions 73.90% · other public 1.12%

  6. To pay Commission and/or remuneration to Non-Executive Directors, including Independent Directors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.38%

    Turnout: all 80.87% · promoters 100.00% · institutions 73.90% · other public 1.12%

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 2020, 6 resolutions

Present: 2 promoters and 116 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na. the audited standalone financial statements of the Company for the financial year ended March 31, 2020 and the report of the Board of Directors and Auditors thereon; andnb. the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2020 and the report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 76.03% · promoters 100.00% · institutions 59.98% · other public 0.89%

  2. To declare dividend on the equity shares for the financial year ended March 31, 2020.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 82.59% · promoters 100.00% · institutions 76.43% · other public 0.90%

  3. To appoint a Director in place of Mr. Thomas John Keller Jr. (DIN: 00194502), who retires by rotation, and being eligible, offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 82.59% · promoters 100.00% · institutions 76.43% · other public 0.89%

  4. To appoint Mr. Michael Foley (DIN: 08583960) as a Non-Executive and Non-Independent Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 82.59% · promoters 100.00% · institutions 76.43% · other public 0.89%

  5. To appoint Mr. Amit Kumar Gupta(DIN: 00352927) as a Whole-time Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 82.59% · promoters 100.00% · institutions 76.43% · other public 0.89%

  6. To appoint Mr. N. Sivaraman (DIN: 00001747) as a Managing Director & CEO of the Company and as CEO of ICRA Group.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.60%

    Turnout: all 82.59% · promoters 100.00% · institutions 76.43% · other public 0.89%

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 30 Jul 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026, and the report of the Board of Directors and Auditors thereon
    3 for0 against
  • To receive, consider and adopt the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2026, and the report of the Auditors thereon
    3 for0 against
  • To declare dividend of Rs. 105 on the equity shares for the financial year ended March 31, 2026
    3 for0 against
  • To appoint a Director in place of Ms. Wendy Huay Huay Cheong (DIN: 08927070), who retires by rotation, and being eligible, offers herself for reappointment
    3 for0 against

Mutual fund votes, meeting of 31 Jul 2025, 10 fund houses

  • To receive, consider and adopt: a. the audited standalone financial statements of the Company for the financial year ended March 31, 2025, and the report of the Board of Directors and Auditors thereon; and b. the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2025, and the report of the Auditors thereon.MoreLess
    10 for0 against
  • To declare dividend of Rs. 60 on the equity shares for the financial year ended March 31, 2025
    10 for0 against
  • To appoint a Director in place of Mr. Stephen Arthur Long (DIN: 09595066), who retires by rotation, and being eligible, offers himself for reappointment
    10 for0 against
  • Appointment of M/s. Chandrasekaran Associates, Company Secretaries, as the Secretarial Auditor of the Company and to fix their remuneration
    10 for0 against
  • To pay Commission and/or remuneration to Non-Executive Directors, including Independent Directors of the Company
    10 for0 against
6 earlier meetings

Mutual fund votes, meeting of 23 Jul 2024, 6 fund houses

  • To receive, consider and adopt:na. the audited standalone financial statements of the Company for the financial year ended March 31, 2024 and the report of the Board of Directors andnAuditors thereon; andnb. the audited consolidated financial statements of the Company and itsnSubsidiaries for the financial year ended March 31, 2024 and the report of thenAuditors thereonMoreLess
    6 for0 against
  • To declare dividend of Rs. 100 on the equity shares for the financial year ended March 31, 2024.
    6 for0 against
  • To appoint a Director in place of Ms. Shivani Priya Mohini Kak (DIN: 09486147), who retires by rotation, and being eligible, offers herself for reappointment.
    6 for0 against
  • Appointment of Deloitte Haskins & Sells as Statutory Auditor of the Company and to fix their remuneration and to consider and, if thought fit, to pass the resolutionnas an Ordinary Resolution
    6 for0 against
  • To approve the appointment of Mr. Palamadai Sundararajan Jayakumar (DIN: 01173236), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013 and to consider and, if thought fit, to pass the resolutionnas a Special ResolutionMoreLess
    6 for0 against
  • To approve the appointment of Mr. Pradip Manilal Kanakia (DIN: 00770347), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013 and to consider and, if thought fit, to pass the resolution as a Special ResolutionMoreLess
    6 for0 against
  • To approve the appointment of Ms. Anuranjita Kumar (DIN: 05283847), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013 and to consider and, if thought fit, to pass the resolution as a Special ResolutionMoreLess
    6 for0 against
  • To appoint Mr. Brian Joseph Cahill (DIN: 10615493) as a Non-Executive and NonIndependent Director of the Company and to consider and, if thought fit, to pass with or without modification(s), the resolution as an Ordinary ResolutionMoreLess
    6 for0 against
  • To appoint Mr. Ramnath Krishnan (DIN: 09371341) as a Director of the Company not liable to retire by rotation, and to re-appoint as a Managing Director & CEO ofnthe Company and as CEO of ICRA Group and to consider and, if thought fit, to pass the resolution as an Ordinary ResolutionMoreLess
    6 for0 against
  • To approve payment of remuneration to Mr. Ramnath Krishnan (DIN: 09371341) as a Managing Director & CEO of the Company and as CEO of ICRA Group and to consider and, if thought fit, to pass the resolution as a Special ResolutionMoreLess
    6 for0 against

Mutual fund votes, meeting of 3 Aug 2023, 6 fund houses

  • To receive, consider and adopt:na. the audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the report of the Board of Directors and Auditors thereon; andnb. the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2023 and the report of the Auditors thereon.MoreLess
    6 for0 against
  • To declare dividend of Rs 130 per share on the equity shares for the financial year ended March 31, 2023.
    6 for0 against
  • To appoint a Director in place of Ms. Wendy Huay Huay Cheong (DIN: 08927070), who retires by rotation, and being eligible, offers herself for reappointment.
    6 for0 against
  • To modify the terms of remuneration of Mr. Ramnath Krishnan (DIN: 09371341) as a Managing Director & CEO of the Company and as CEO of ICRA Group
    6 for0 against
  • To approve the Material Related Party Transactions of the Company
    6 for0 against

Mutual fund votes, meeting of 4 Aug 2022, 2 fund houses

  • To receive, consider and adopt (i) the audited standalone financial statements of the Company for the financial year ended March 31, 2022 and the report of the Board of Directors and the Auditors thereon; and (ii) the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2022 and the report of Auditors thereonMoreLess
    2 for0 against
  • To declare dividend of Rs.28 per share on the equity shares for the financial year ended March 31, 2022
    2 for0 against
  • To appoint a Director in place of Mr. Michael Foley (DIN: 08583960), who retires by rotation, and being eligible, offers himself for reappointment
    2 for0 against
  • To appoint Mr. Stephen Arthur Long (DIN: 09595066) as a Non-Executive and Non-Independent Director of the Company
    2 for0 against

Mutual fund votes, meeting of 26 Mar 2022, 3 fund houses

  • To appoint Ms. Shivani Priya Mohini Kak (DIN: 09486147) as a Non-Executive and Non-Independent Director of the Company
    3 for0 against
  • To appoint Mr. Ramnath Krishnan (DIN: 09371341) as a Director of the Company not liable to retire by rotation
    3 for0 against
  • To appoint Mr. Ramnath Krishnan (DIN: 09371341) as a Managing Director & CEO of the Company and as CEO of ICRA Group
    3 for0 against
  • To approve the Material Related Party Transactions of the Company
    3 for0 against

Mutual fund votes, meeting of 29 Jul 2021, 3 fund houses

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

  • To receive, consider and adopt:na.tthe audited standalone financial statements of the Company for the financial year ended March 31, 2021 and the report of the Board of Directors and Auditors thereon; andnb.tthe audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2021 and the report of the Auditors thereon.MoreLess
    2 for0 against
  • To declare dividend of Rs. 27 per share on the equity shares for the financial year ended March 31, 2021.
    2 for0 against
  • To appoint a Director in place of Mr. David Brent Platt (DIN: 08424532), who retires by rotation, and being eligible, offers himself for reappointment.
    3 for0 against
  • To appoint Ms. Wendy Huay Huay Cheong (DIN: 08927070) as a Non-Executive and Non-Independent Director of the Company.
    3 for0 against
  • To approve the continuation of Mr. Arun Duggal (DIN: 00024262) as a Non-Executive and Independent Director of the Company.
    3 for0 against
  • To pay Commission and/or remuneration to Non-Executive Directors, including Independent Directors of the Company.
    3 for0 against
2 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 23 Sep 2020, 6 fund houses

  • To receive, consider and adopt:na. the audited standalone financial statements of the Company for the financial year ended March 31, 2020 and the report of the Board of Directors and Auditors thereon; andnb. the audited consolidated financial statements of the Company and its Subsidiaries for the financial year ended March 31, 2020 and the report of the Auditors thereon.MoreLess
    5 for0 against

    1 abstained

  • To declare dividend on the equity shares for the financial year ended March 31, 2020.
    5 for0 against

    1 abstained

  • To appoint a Director in place of Mr. Thomas John Keller Jr. (DIN: 00194502), who retires by rotation, and being eligible, offers himself for reappointment.
    5 for0 against

    1 abstained

  • To appoint Mr. Michael Foley (DIN: 08583960) as a Non-Executive and Non-Independent Director of the Company
    5 for0 against

    1 abstained

  • To appoint Mr. Amit Kumar Gupta(DIN: 00352927) as a Whole-time Director of the Company
    5 for0 against

    1 abstained

  • To appoint Mr. N. Sivaraman (DIN: 00001747) as a Managing Director & CEO of the Company and as CEO of ICRA Group.
    5 for0 against

    1 abstained

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

Stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake boughtFintellix India Private LimitedSince 28 Jul 2026

    1.25% bought in the quarter; holding 100.00%, from 98.75%

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
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.