J.Kumar Infraprojects logo

J.Kumar Infraprojects MD, chairman, board of directors and AGM

NSE: JKILBSE: 532940ConstructionSmall Cap

Last close ₹420.90down ₹1.15 (0.27%)BSE ₹420.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹422.05.

52-week range of traded prices to 23 Oct 2026
₹415.25Low, 23 Oct 2026₹672.00High, 3 Nov 2025
Market cap
₹3,185 Cr860th largest listed
P/E
8.4
P/B
0.9
Dividend yield
0.95%
ROE
11.9%
ROCE
15.5%
Debt to equity
0.18
Volume, NSE
1,35,83648.5% delivered

J.Kumar Infraprojects board of directors

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

  • Chairperson and managing directorJagdishkumar M. Gupta
  • Managing directorKamal J. Gupta

8 directors4 independent4 executive

  • Jagdishkumar M. Gupta · Chairperson and managing directorExecutive · joined Dec 1999 · reappointed May 2024 · 0 months as independent · 1 listed board
  • Kamal J. Gupta · Managing directorExecutive · joined Dec 1999 · reappointed May 2024 · 0 months as independent · 1 listed board · 1 committee seat
  • Nalin J. GuptaExecutive · joined Dec 1999 · reappointed May 2024 · 0 months as independent · 1 listed board · 1 committee seat
  • Raghav ChandraIndependent · joined Nov 2022 · reappointed Nov 2022 · 47 months as independent · 5 listed boards · 5 as independent · 6 committee seats, 1 as chair
  • Sidharath KapurIndependent · joined Feb 2022 · reappointed Feb 2022 · 55 months as independent · 1 listed board · 3 as independent · 1 committee seat
  • Ramesh Kumar ChoubeyIndependent · joined Mar 2024 · reappointed Mar 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Pravin GhagExecutive · joined Mar 2024 · reappointed Mar 2024 · 0 months as independent · 1 listed board
  • Archana YadavIndependent · joined Aug 2019 · reappointed Aug 2024 · 85 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair

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

    • 26 Aug 20266 of 8 present4 independent · 19 days in between
    • 6 Aug 20268 of 8 present4 independent · 78 days in between
    • 19 May 20267 of 8 present4 independent

  • Audit Committee

    Chair Archana Yadav

    Kamal J. Gupta, Raghav Chandra, Sidharath Kapur, Ramesh Kumar Choubey

    • 26 Aug 20264 of 5 present4 independent · 19 days in between
    • 6 Aug 20265 of 5 present4 independent · 78 days in between
    • 19 May 20264 of 5 present4 independent

  • Nomination and remuneration committee

    Chair Sidharath Kapur

    Raghav Chandra, Archana Yadav, Ramesh Kumar Choubey

    • 19 May 20264 of 4 present4 independent

  • Stakeholders Relationship Committee

    Chair Raghav Chandra

    Ramesh Kumar Choubey, Nalin J. Gupta

    • 6 Aug 20263 of 3 present2 independent · 78 days in between
    • 19 May 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Sidharath Kapur

    Kamal J. Gupta, Nalin J. Gupta, Vasant Savla

    • 6 Aug 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Archana Yadav

    Jagdishkumar M. Gupta, Kamal J. Gupta

    • 6 Aug 20263 of 3 present1 independent · 78 days in between
    • 19 May 20263 of 3 present1 independent

  • Committee of Directors (Management)

    Chair Jagdishkumar M. Gupta

    Kamal J. Gupta, Nalin J. Gupta

    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 Mar 2026.

  • TODI TULSYAN & CO.Peer-review certificate valid to Sep 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.

J.Kumar Infraprojects 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.J.Kumar Infraprojects dividend history

Annual general meeting, 22 Sep 2026

50,971 shareholders on the register on 15 Sep 2026; present: 6 promoters and 64 others; votes counted by Dhrumil M. Shah / Dhrumil M. Shah & Co. LLP.The company's voting result (opens in a new tab)

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

    Against: promoters 0.00% · institutions 0.00% · other public 2.91%

    Turnout: all 67.82% · promoters 100.00% · institutions 78.34% · other public 0.04%

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

    Against: promoters 0.00% · institutions 0.00% · other public 2.94%

    Turnout: all 67.82% · promoters 100.00% · institutions 78.34% · other public 0.04%

  3. To declare dividend on 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 2.94%

    Turnout: all 68.04% · promoters 100.00% · institutions 79.14% · other public 0.04%

  4. To Re-appoint Mr. Pravin Ghag (DIN: 10566207) who retires by rotation as Director and being eligible offers himself for re-appointment as a Director.
    Ordinary
    93.26% for6.74% against

    Against: promoters 0.00% · institutions 21.44% · other public 5.56%

    Turnout: all 68.04% · promoters 100.00% · institutions 79.14% · other public 0.04%

  5. Appointment of M/S SPML & Associates, Chartered Accountants (FRN-136549W) as the statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.94%

    Turnout: all 68.01% · promoters 100.00% · institutions 79.02% · other public 0.04%

  6. To ratify the remuneration payable to M/s. Kirit Mehta & Co LLP, Cost Accountants, Cost Auditors of the Company for the Financial Year ending March 31, 2027.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.43%

    Turnout: all 68.04% · promoters 100.00% · institutions 79.14% · other public 0.04%

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 Dec 2025, 1 resolution

54,910 shareholders on the register on 14 Nov 2025; votes counted by DHRUMIL M. SHAH / DHRUMIL M. SHAH & CO. LLP.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE THE PROPOSAL FOR CAPITAL RAISING IN ONE OR MORE TRANCHES BY WAY OF ISSUANCE OF EQUITY SHARES AND OR EQUITY LINKED SECURITIES.
    Special
    94.91% for5.09% against

    Against: promoters 0.00% · institutions 14.63% · other public 2.99%

    Turnout: all 71.65% · promoters 100.00% · institutions 87.52% · other public 0.30%

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

Annual general meeting, 23 Sep 2025, 7 resolutions

56,145 shareholders on the register on 16 Sep 2025; present: 5 promoters and 67 others; votes counted by Dhrumil M. Shah / Dhrumil M. Shah & Co. LLP.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 72.10% · promoters 100.00% · institutions 84.25% · other public 6.78%

  2. To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 72.10% · promoters 100.00% · institutions 84.25% · other public 6.78%

  3. To declare dividend on 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 0.06%

    Turnout: all 72.51% · promoters 100.00% · institutions 85.70% · other public 6.78%

  4. To appoint Dr. Nalin J. Gupta (DIN: 0062783) who retires by rotation as Director and being eligible offers himself for re-appointment as a Director
    Ordinary
    96.74% for3.26% against

    Against: promoters 0.00% · institutions 9.34% · other public 0.08%

    Turnout: all 69.19% · promoters 92.87% · institutions 85.70% · other public 6.78%

  5. To ratify the remuneration payable to M/s. Kirit Mehta & Co., Cost Accountants, Cost Auditors of the Company for the Financial Year ending March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 72.51% · promoters 100.00% · institutions 85.70% · other public 6.78%

  6. Appointment of M/s. Dhrumil M. Shah & Co., Practicing Company Secretaries, as the Secretarial Auditors and fix their remuneration
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 72.48% · promoters 100.00% · institutions 85.59% · other public 6.78%

  7. Approval for giving loan in connection with loan availed by J. Kumar-NCC Private Limited under Section 185 of the Companies Act, 2013
    SpecialPromoters have an interest in it
    99.26% for0.74% against

    Against: promoters 0.00% · institutions 0.79% · other public 0.06%

    Turnout: all 25.87% · promoters 0.00% · institutions 85.70% · other public 6.78%

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.

Postal ballot, 31 Jul 2025, 1 resolution

58,152 shareholders on the register on 20 Jun 2025; votes counted by Mr. Dhrumil M Shah / M/s Dhrumil M Shah and Co., LLP.The company's voting result (opens in a new tab)

  1. To Approve the Material Related Party Transaction with J. Kumar-NCC Private Limited
    SpecialPromoters have an interest in it
    94.58% for5.42% against

    Against: promoters 0.00% · institutions 5.74% · other public 0.41%

    Turnout: all 25.54% · promoters 0.00% · institutions 86.05% · other public 5.98%

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, 24 Sep 2024, 9 resolutions

Present: 2 promoters and 58 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone FinancialnStatements of the Company for the Financial Year endednMarch 31, 2024 and the Reports of the Board of Directorsnand Auditors thereon
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.03%

    Turnout: all 53.34% · promoters 74.07% · institutions 69.96% · other public 0.26%

  2. To consider and adopt the Audited ConsolidatednFinancial Statements of the Company for the FinancialnYear ended March 31, 2024 and the Reports of thenAuditors thereon
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.03%

    Turnout: all 53.34% · promoters 74.07% · institutions 69.96% · other public 0.26%

  3. To declare dividend on equity shares for the financialnyear ended March 31, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 53.80% · promoters 74.07% · institutions 71.67% · other public 0.26%

  4. To appoint Mr. Kamal J. Gupta (DIN: 00628053) whonretires by rotation as Director and being eligible offersnhimself for re-appointment as a Director
    Ordinary
    86.41% for13.59% against

    Against: promoters 0.00% · institutions 38.13% · other public 0.41%

    Turnout: all 53.80% · promoters 74.07% · institutions 71.67% · other public 0.26%

  5. To ratify the remuneration payable to M/s. Vaibhav P.nJoshi & Associates, Cost Accountants, Cost Auditorsnof the Company for the Financial Year ending Marchn31, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 53.80% · promoters 74.07% · institutions 71.67% · other public 0.26%

  6. To consider the re-appointment of Mrs. Archan SurendranYadav (DIN:07335198) as Non-Executive IndependentnDirector of the Company for a second term of fivenconsecutive years
    Special
    97.23% for2.77% against

    Against: promoters 0.00% · institutions 7.76% · other public 2.34%

    Turnout: all 53.80% · promoters 74.07% · institutions 71.67% · other public 0.26%

  7. To consider and approve material related partyntransactions in relation to, construction, and operationnof a twin tunnel from Film City, Goregaon to Khindipadan(Amar Nagar) Mulund including box tunnel (cut andncover) at Film City along with the electrical, mechanicalnand associated works (“Project”).MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.11%

    Turnout: all 19.24% · promoters 0.00% · institutions 71.67% · other public 0.25%

  8. An increase in Authorised Share Capital of the Companynand Alteration of Capital Clause of Memorandum ofnAssociation of the Company
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.47% · other public 14.86%

    Turnout: all 53.80% · promoters 74.07% · institutions 71.67% · other public 0.26%

  9. To consider and approve raising of funds throughnissuance of securities
    Special
    96.61% for3.39% against

    Against: promoters 0.00% · institutions 9.44% · other public 16.84%

    Turnout: all 53.80% · promoters 74.07% · institutions 71.67% · other public 0.26%

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, 15 May 2024, 8 resolutions

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

  1. Reappointment of Mr. Jagdishkumar M. Gupta (DIN: 01112887) Whole-time Director, to be designated as “Executive Chairman” of the Company and remuneration payable to him:
    Special
    87.83% for12.17% against

    Against: promoters 0.00% · institutions 36.21% · other public 0.46%

    Turnout: all 71.66% · promoters 96.86% · institutions 90.29% · other public 9.07%

  2. Reappointment of Mr. Kamal J. Gupta (DIN: 00628053) as Managing Director of the Company and remuneration payable to him during such tenure:
    Special
    87.83% for12.17% against

    Against: promoters 0.00% · institutions 36.21% · other public 0.49%

    Turnout: all 71.66% · promoters 96.86% · institutions 90.29% · other public 9.07%

  3. Reappointment of Dr. Nalin J. Gupta (DIN: 00627832) as Managing Director of the Company and remuneration payable to him during such tenure:
    Special
    87.83% for12.17% against

    Against: promoters 0.00% · institutions 36.21% · other public 0.46%

    Turnout: all 71.66% · promoters 96.86% · institutions 90.29% · other public 9.06%

  4. Appointment of Mr.Ramesh Kumar Choubey (DIN: 10545097) as an Independent Director of the Company:
    Special
    96.82% for3.18% against

    Against: promoters 0.00% · institutions 9.46% · other public 0.01%

    Turnout: all 71.66% · promoters 96.86% · institutions 90.29% · other public 9.06%

  5. Appointment of Mr. Praveen Ramkrishna Ghag (DIN:10566207) as Director of the Company:
    Ordinary
    96.68% for3.32% against

    Against: promoters 0.00% · institutions 9.90% · other public 0.01%

    Turnout: all 71.66% · promoters 96.86% · institutions 90.29% · other public 9.06%

  6. Appointment and Remuneration payable to Mr. Praveen Ramkrishna Ghag (DIN: 10566207) as Executive Director designated as ‘Director-Administration and Compliances’ of the Company:
    Ordinary
    96.80% for3.20% against

    Against: promoters 0.00% · institutions 9.49% · other public 0.46%

    Turnout: all 71.66% · promoters 96.86% · institutions 90.29% · other public 9.06%

  7. Appointment of Mr.Rachit K. Gupta (related party) as General Manager (office or place of profit) and to remuneration payable to him:
    OrdinaryPromoters have an interest in it
    79.33% for20.67% against

    Against: promoters 0.00% · institutions 22.69% · other public 0.51%

    Turnout: all 26.46% · promoters 0.00% · institutions 90.29% · other public 9.01%

  8. Appointment Ms. Disha N. Gupta (related party) as General Manager (office or place of profit) and remuneration payable to her:
    OrdinaryPromoters have an interest in it
    79.33% for20.67% against

    Against: promoters 0.00% · institutions 22.69% · other public 0.51%

    Turnout: all 26.46% · promoters 0.00% · institutions 90.29% · other public 9.01%

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

Annual general meeting, 26 Sep 2023, 6 resolutions

Present: 6 promoters and 69 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 together with 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 0.20%

    Turnout: all 65.97% · promoters 96.86% · institutions 83.47% · other public 0.43%

  2. To declare dividend on Equity Shares for the financial year ended March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 66.52% · promoters 96.86% · institutions 85.71% · other public 0.43%

  3. To appoint Dr. Nalin J. Gupta (DIN:00627832) who retires by rotation as Director and being eligible offers himself for re-appointment as a Director.
    Ordinary
    95.46% for4.54% against

    Against: promoters 0.00% · institutions 14.24% · other public 0.25%

    Turnout: all 66.52% · promoters 96.86% · institutions 85.71% · other public 0.43%

  4. To ratify the remuneration payable to M/s. Vaibhav P. Joshi & Associates, Cost Accountants, of the Company for the Financial Year ending March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 66.52% · promoters 96.86% · institutions 85.71% · other public 0.43%

  5. To consider and approve for giving authorization to Board of Directors under section 180(1)(c) of the Companies Act, 2013 upto an aggregate limit of Rs. 7,500 Crores.
    Special
    93.92% for6.08% against

    Against: promoters 0.00% · institutions 18.99% · other public 9.76%

    Turnout: all 66.52% · promoters 96.86% · institutions 85.71% · other public 0.43%

  6. Authorizing the Board of Directors of the Company under section 180(1)(a) of the Companies Act, 2013, up to a total limit of Rs. 7,500 Crores.
    Special
    93.92% for6.08% against

    Against: promoters 0.00% · institutions 18.99% · other public 9.75%

    Turnout: all 66.52% · promoters 96.86% · institutions 85.71% · other public 0.43%

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, 14 Dec 2022, 2 resolutions

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

  1. Appointment of Mr. Raghav Chandra (DIN: 00057760) as an Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.26%

    Turnout: all 67.31% · promoters 100.00% · institutions 91.29% · other public 0.31%

  2. Shifting of Registered Office of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.26%

    Turnout: all 67.31% · promoters 100.00% · institutions 91.29% · other public 0.31%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 27 Dec 2025, 7 fund houses

  • TO CONSIDER AND APPROVE THE PROPOSAL FOR CAPITAL RAISING IN ONE OR MORE TRANCHES BY WAY OF ISSUANCE OF EQUITY SHARES AND OR EQUITY LINKED SECURITIES.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundExcessive dilution & no adequate justification for raising of funds.No justification for not opting for Rights Issue.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency concern: Excessive dilution; No justification for not opting for Rights Issue; There doesn’t appear to be any urgent need of funds.
    3 for4 against

Mutual fund votes, meeting of 23 Sep 2025, 7 fund houses

  • To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon
    7 for0 against
  • To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon
    7 for0 against
  • To declare dividend on equity shares for the financial year ended March 31, 2025
    7 for0 against
  • To appoint Dr. Nalin J. Gupta (DIN: 0062783) who retires by rotation as Director and being eligible offers himself for re-appointment as a Director
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Skewed remuneration in favor of Promoter Directors; no justification has been provided by the Company in this regard.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Skewed remuneration in favor of Promoter Directors; no justification has been provided by the Company in this regard.
    3 for4 against
  • To ratify the remuneration payable to M/s. Kirit Mehta & Co., Cost Accountants, Cost Auditors of the Company for the Financial Year ending March 31, 2026
    7 for0 against
  • Appointment of M/s. Dhrumil M. Shah & Co., Practicing Company Secretaries, as the Secretarial Auditors and fix their remuneration
    7 for0 against
  • Approval for giving loan in connection with loan availed by J. Kumar-NCC Private Limited under Section 185 of the Companies Act, 2013
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundTenure of the Related Party Transaction has not been specified,Particulars of the loans / guarantees / investments has not been disclosed & inadequate disclosures.Governance Concern: Non-Disclosure of Basis of Arm’s Length Pricing; without such Basis, fairness of transaction cannot be ascertained. Transparency Concern: Non-Disclosure of the proportion in which the JV is receiving financial assistance from its Holding Companies.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant as per SEBI Guidelines: Enabling Approval & Inadequate Disclosures – Tenure of the RPT has not been specified, Particulars of the loans / guarantees / investments has not been disclosed. Non-Compliant with Section 185 of the Companies Act: Inadequate disclosures w.r.t. the particulars mandated u/s 185 of Companies Act, 2013. Governance Concern: Non-Disclosure of Basis of Arm’s Length Pricing; without such Basis, fairness of transaction cannot be ascertained. Transparency Concern: Non-Disclosure of the proportion in which the JV is receiving financial assistance from its Holding Companies.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    2 for5 against
5 earlier meetings

Mutual fund votes, meeting of 31 Jul 2025, 7 fund houses

  • To Approve the Material Related Party Transaction with J. Kumar-NCC Private Limited
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance and Transparency concern: Inadequate disclosure regarding the basis of arms’ length & contribution to be made by other shareholder(s) not disclosed.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance and Transparency concern: Inadequate disclosure regarding the basis of arms’ length & contribution to be made by other shareholder(s) not disclosed.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive Holding)
    2 for5 against

Mutual fund votes, meeting of 24 Sep 2024, 5 fund houses

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

  • To consider and adopt the Audited Standalone FinancialnStatements of the Company for the Financial Year endednMarch 31, 2024 and the Reports of the Board of Directorsnand Auditors thereon
    5 for0 against
  • To consider and adopt the Audited ConsolidatednFinancial Statements of the Company for the FinancialnYear ended March 31, 2024 and the Reports of thenAuditors thereon
    5 for0 against
  • To declare dividend on equity shares for the financialnyear ended March 31, 2024
    5 for0 against
  • To appoint Mr. Kamal J. Gupta (DIN: 00628053) whonretires by rotation as Director and being eligible offersnhimself for re-appointment as a Director
    5 for0 against
  • To ratify the remuneration payable to M/s. Vaibhav P.nJoshi & Associates, Cost Accountants, Cost Auditorsnof the Company for the Financial Year ending Marchn31, 2025
    5 for0 against
  • To consider the re-appointment of Mrs. Archan SurendranYadav (DIN:07335198) as Non-Executive IndependentnDirector of the Company for a second term of fivenconsecutive years
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merits of the proposed appointee. Re-appointment not compliant with law. Prior shareholders’ approval not obtained for re-appointment as Independent Director.
    2 for3 against
  • To consider and approve material related partyntransactions in relation to, construction, and operationnof a twin tunnel from Film City, Goregaon to Khindipadan(Amar Nagar) Mulund including box tunnel (cut andncover) at Film City along with the electrical, mechanicalnand associated works (“Project”).MoreLess
    5 for0 against
  • An increase in Authorised Share Capital of the Companynand Alteration of Capital Clause of Memorandum ofnAssociation of the Company
    5 for0 against
1 proposal not matched to one resolution
  • To create, issue, offer and allot (including with provisions for reservations on firm and/ or competitive basis, or such part of issue and for such categories of persons as may be permitted) such number of Securities (as defined hereinafter), for cash, in one or more tranches, with or without green shoe option, whether Rupee denominated or denominated in foreign currency, for an aggregate amount up to Rs. 800 Crores.MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Excessive dilution; no justification for the same, and for not opting Rights Issue.
    2 for3 against

Mutual fund votes, meeting of 15 May 2024, 3 fund houses

  • Reappointment of Mr. Jagdishkumar M. Gupta (DIN: 01112887) Whole-time Director, to be designated as “Executive Chairman” of the Company and remuneration payable to him:
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: Combined position as Executive Director and Chairman. Excessive increase in remuneration. No variable pay.
    1 for2 against
  • Reappointment of Mr. Kamal J. Gupta (DIN: 00628053) as Managing Director of the Company and remuneration payable to him during such tenure:
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: Excessive increase in remuneration. No variable pay.
    1 for2 against
  • Reappointment of Dr. Nalin J. Gupta (DIN: 00627832) as Managing Director of the Company and remuneration payable to him during such tenure:
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: Excessive increase in remuneration. No variable pay.
    1 for2 against
  • Appointment of Mr.Ramesh Kumar Choubey (DIN: 10545097) as an Independent Director of the Company:
    3 for0 against
  • Appointment of Mr. Praveen Ramkrishna Ghag (DIN:10566207) as Director of the Company:
    3 for0 against
  • Appointment and Remuneration payable to Mr. Praveen Ramkrishna Ghag (DIN: 10566207) as Executive Director designated as ‘Director-Administration and Compliances’ of the Company:
    3 for0 against
  • Appointment of Mr.Rachit K. Gupta (related party) as General Manager (office or place of profit) and to remuneration payable to him:
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Profile of the appointees not disclosed. Exact same pay to both appointees. No variable pay. Excessive Remuneration.
    1 for2 against
  • Appointment Ms. Disha N. Gupta (related party) as General Manager (office or place of profit) and remuneration payable to her:
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Profile of the appointees not disclosed. Exact same pay to both appointees. No variable pay. Excessive Remuneration.
    1 for2 against

Mutual fund votes, meeting of 26 Sep 2023, 2 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 report of the Board of Directors and Auditors’ thereon.
    2 for0 against
  • To declare dividend on Equity Shares for the financial year ended March 31, 2023.
    2 for0 against
  • To appoint Dr. Nalin J. Gupta (DIN:00627832) who retires by rotation as Director and being eligible offers himself for re-appointment as a Director.
    2 for0 against
  • To ratify the remuneration payable to M/s. Vaibhav P. Joshi & Associates, Cost Accountants, of the Company for the Financial Year ending March 31, 2024.
    2 for0 against
2 proposals not matched to one resolution
  • To borrow any sum or sum of monies from time to time, in any form including but not limited to by way of loans, including inter corporate deposits(s), credit facilities, by issue of debentures (redeemable or otherwise) or bonds or in form of guarantee shall not exceed at any point of time a sum aggregating to Rs.7,500 Crores.MoreLess
    2 for0 against
  • To create such charges and/or mortgages and hypothecations in addition to the existing charges, mortgages and hypothecations created by the Company on such terms and conditions and at such times and in such form and manner and with such ranking as to priority as the Board may think fit, on any of the Company’s moveable / immoveable properties and/ or assets, wheresoever situated, both present and future comprised in any undertaking or undertakings of the Company, as the case may be, in favour of the Lenders viz. Financial/Investment Institutions, Banks and Trustees for the holders of debentures/bonds/other debt instruments to secure the repayment of loans/borrowings sanctioned and/ or to be sanctioned by them from time to time, in foreign currency and / or rupee currency and / or by way of debt instruments issued / to be issued by the Company, for a sum not exceeding Rs.7,500 Crores.MoreLess
    2 for0 against

Mutual fund votes, meeting of 14 Dec 2022, 1 fund house

  • Appointment of Mr. Raghav Chandra (DIN: 00057760) as an Independent Director
    1 for0 against
  • Shifting of Registered Office of the Company.
    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 Sep 2026.

  • Tax disputeJ Kumar Infraprojects Limited v/s. Deputy commissioner of Tax CC 5(1)Since 24 Jul 2026
    Matter is sub judice before the Hon'ble High court for AY 2016-17
  • Tax disputeJ Kumar Infraprojects Limited v/s. Deputy commissioner of Tax CC 5(1)Since 24 Jul 2026
    Matter is sub judice before the Hon'ble High court for AY 2017-18
  • Tax disputeJ Kumar Infraprojects Limited v/s. Deputy commissioner of Tax CC 5(1)Since 24 Jul 2026
    Matter is sub judice before the Hon'ble High court for AY 2018-19
  • Tax disputeJkumar Infraprojects Ltd v/s. Income Tax DepartmentSince 3 Feb 2026
    No Change
    At the filing before: Matter is sub judice before the Hon'ble High court for AY 2019-20
  • Tax disputeJkumar Infraprojects Ltd v/s. Income Tax DepartmentSince 3 Feb 2026
    No Change
    At the filing before: Matter is sub judice before the Hon'ble High court for AY 2020-21
  • Tax disputeJkumar Infraprojects Ltd v/s. Income Tax DepartmentSince 3 Feb 2026
    No Change
    At the filing before: Matter is sub judice before the Hon'ble High court for AY 2021-22
  • Tax disputeJkumar Infraprojects Ltd v/s. Income Tax DepartmentSince 3 Feb 2026
    No Change
    At the filing before: Matter is sub judice before the Hon'ble High court for AY 2022-23
  • Tax disputeIncome Tax Department V/s. Jkumar Infraprojects LtdSince 16 Jan 2023
    No Change
16 more
  • Tax disputeIncome Tax Department V/s. Jkumar Infraprojects LtdSince 13 Jan 2023
    No Change
  • Tax disputeIncome Tax Department V/s. Jkumar Infraprojects LtdSince 13 Dec 2022
    No Change
  • Tax disputeIncome Tax Department V/s. Jkumar Infraprojects LtdSince 26 Jun 2018
    No Change
  • Tax disputeIncome Tax Department V/s. Jkumar Infraprojects LtdSince 26 Jun 2018
    No Change
  • Tax disputeJkumar Infraprojects Ltd v/s. Service Tax DepartmentSince 12 Mar 2019
    No Change
  • Tax disputeJkumar Infraprojects Ltd v/s. Service Tax DepartmentSince 3 Aug 2018
    On 28.08.2026, CESTAT passed an order rejecting the Revenue’s appeal, thereby concluding the matter in favour of the assessee.
    At the filing before: No Change
  • Tax disputeSerious Fraud Investigation Office through Ministry of Corporate AffairsSince 7 Apr 2026
    Pending
    At the filing before: A summons dated April 7, 2026, has been issued under Section 63 of the Bharatiya Nagrik Suraksha Sanhita, 2023, pursuant to a complaint filed by the Serious Fraud Investigation Office (SFIO) under Section 439(2) of the Companies Act, 2013, in the matter of SFIO v. PACL & Ors. Mr. Kamal Jagdishkumar Gupta has been directed to appear before the Special Judge (Sati Niwaran Cases) in compliance with the said summons.MoreLess
  • Tax disputeBMC/MMRDASince 13 Jan 2025
    Pending
    At the filing before: The Company has received property tax demands from the Municipal Corporation of Greater Mumbai (MCGM/BMC) aggregating to approximately INR 23,71,93,493 in respect of properties leased from MMRDA. The Company maintains that the liability for payment of such property tax rests with MMRDA under the applicable lease agreements and tender documents and has obtained a legal opinion supporting its position. Accordingly, J. Kumar–CRTG JV has filed Writ Petition No. WP/4373/2025 before the Hon’ble Bombay High Court against MCGM, MMRDA and the State of Maharashtra challenging the said demand in respect of the Malwani Casting Yard. Similar writ petitions filed by other contractors challenging comparable property tax demands have also received interim protection against coercive recovery. The matter is presently pending before the Hon’ble Bombay High Court and is being contested by the Company.MoreLess
  • Tax dispute1. Municipal Corporation of Greater Mumbai (MCGM/BMC) 2. Mumbai Metropolitan Region Development Authority (MMRDA) 3. State of MaharashtraSince 28 Oct 2025
    Pending
    At the filing before: The Company has received property tax demands from the Municipal Corporation of Greater Mumbai (MCGM/BMC) aggregating to approximately INR 284 crores in respect of properties leased from MMRDA. The Company maintains that the liability for payment of such property tax rests with MMRDA under the applicable lease agreements and tender documents and has obtained a legal opinion supporting its position. Accordingly, J. Kumar–CRTG JV has filed Writ Petition No. WP/2952/2026 before the Hon’ble Bombay High Court against MCGM, MMRDA and the State of Maharashtra, challenging the said property tax demand in respect of the Bandra Casting Yard, along with the proposed revised demand of approximately INR 330 crores, which has been informally communicated but not officially served. The matter is presently pending before the Hon’ble Bombay High Court and is being contested by the Company.MoreLess
  • Tax dispute1. Vanashakti (Public Trust) 2. Stalin Dayanand (Director, Vanashakti)Since 27 Dec 2024
    Pending
    At the filing before: Vanashakti has filed an Original Application before the National Green Tribunal alleging that J. Kumar Infraprojects Limited (JKIL) illegally operated a casting yard and cement mixing plants within the Eco-Sensitive Zone of Sanjay Gandhi National Park, causing environmental damage and violating applicable environmental laws, and has sought closure, demolition, penalties, and restoration measures. JKIL has denied all allegations, contending that its activities are part of the authorized Mumbai Metro project, that all necessary statutory approvals were obtained, the RMC plants have already been closed as directed by MPCB, the project is exempt under the ESZ Notification as critical public infrastructure, and the application is barred by limitation and lacks factual and legal merit. The matter is presently pending before the National Green Tribunal.MoreLess
  • Tax disputeMMRDA (Mumbai Metropolitan Region Development Authority)Since 6 May 2025
    Matter is dispossed off on 19.08.2026
    At the filing before: JKIL has filed a writ petition against MMRDA (Mumbai Metropolitan Region Development Authority) concerning Contract No. MMRDA/MMRP/L-2B-C101 for the Mumbai Metro Rail Project (Line 2B). The dispute arises from MMRDA's refusal to adjust the contract price despite a GST rate hike from 12% to 18% (effective July 2022), as mandated by the GST Council. Despite JKIL's repeated representations and the Engineer's certification, MMRDA has wrongfully withheld Rs. 34.27 crore, incorrectly treating JKIL's bills as inclusive of the revised GST rate. JKIL contends that this inaction violates contractual obligations, causes undue financial strain, and is arbitrary. The petition seeks judicial intervention to compel MMRDA to release the withheld amount and revise the contract price, citing a precedent (Pune Metro) where similar adjustments were approved.MoreLess
  • Tax disputeMMRDA (Mumbai Metropolitan Region Development Authority)Since 6 May 2025
    Matter is dispossed off on 19.08.2026
    At the filing before: JKIL has filed a writ petition against MMRDA (Mumbai Metropolitan Region Development Authority) concerning Contract No. MMRDA/MMRP/ML4A/CA-54 for the Mumbai Metro Line 4A project. The dispute arises from MMRDA's refusal to adjust the contract price despite a GST rate hike from 12% to 18% (effective 18.07.2022), as mandated by the GST Council. Despite JKIL's repeated representations and the Engineer's certification, MMRDA has wrongfully withheld Rs. 16.36 crore as differential GST, incorrectly treating JKIL's bills as inclusive of the revised rate. JKIL contends that this inaction breaches contractual obligations, causes financial harm, and is arbitrary. The petition seeks judicial intervention to compel MMRDA to release the withheld amount and revise the contract price, citing a precedent (Pune Metro) where similar adjustments were approved.MoreLess
  • Tax disputeMMRDA (Mumbai Metropolitan Region Development Authority)Since 6 May 2025
    Matter is dispossed off on 19.08.2026
    At the filing before: JKIL has filed a writ petition against MMRDA (Mumbai Metropolitan Region Development Authority) concerning Contract No. MMRDA/9/MMRP/CA48 for Mumbai Metro Line 9 and Line 7A. The dispute arises from MMRDA's refusal to adjust the contract price despite a GST rate increase from 12% to 18% (effective 18.07.2022), as mandated by the GST Council. MMRDA has wrongfully withheld Rs. 6.58 crore (Line 9) and Rs. 1.41 crore (Line 7A) as differential GST, incorrectly treating JKIL's bills as inclusive of the revised rate, resulting in total claimed losses of Rs. 42.63 crore (Line 9) and Rs. 20.62 crore (Line 7A). Despite repeated representations and Engineer certifications, MMRDA has failed to comply with contractual obligations, causing financial harm to JKIL. The petition seeks judicial intervention to release withheld amounts and revise the contract price, citing precedents like the Pune Metro case.MoreLess
  • Tax disputeCommissioner CGST & CX Appeals (III)Since 30 Dec 2025
    We are currently awaiting the personal hearing for the said matter
    At the filing before: The Company has filed an appeal before the Commissioner (Appeals) and does not expect any significant liability
  • Tax disputeCommissioner Appeals Vyapar Bhavan DelhiSince 28 Feb 2025
    We are currently awaiting the personal hearing for the said matter
    At the filing before: The Company has filed an appeal before the Commissioner (Appeals) and does not expect any significant liability
  • Tax disputeCommissioner of CGST Appeals GujaratSince 17 Dec 2025
    We are currently awaiting the personal hearing for the said matter
    At the filing before: The Company has filed an appeal before the Commissioner (Appeals) and does not expect any significant liability

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
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.