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Jyothy Labs MD, chairman, board of directors and AGM

NSE: JYOTHYLABBSE: 532926Household ProductsSmall Cap

Formerly Jyothy Laboratories
Last close ₹175.36down ₹2.01 (1.13%)BSE ₹175.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹177.37.

52-week range of traded prices to 23 Oct 2026
₹171.27Low, 23 Oct 2026₹323.20High, 23 Oct 2025
Market cap
₹6,439 Cr603rd largest listed
P/E
22.7
P/B
4.1
Dividend yield
2.00%
ROE
19.1%
ROCE
20.6%
Debt to equity
0.00
Volume, NSE
3,08,48744.4% delivered

Jyothy Labs board of directors

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

  • Chairperson and managing directorJyothy RamachandranRelated to the promoter
  • Company Secretary and Compliance OfficerShreyas Trivedi

7 directors4 independent3 executive

  • Jyothy Ramachandran · Chairperson and managing directorExecutive · joined Jan 2004 · 1 listed board · 1 committee seat
  • Ananth Rao TExecutive · joined Apr 2024 · 1 listed board
  • Ravi RazdanExecutive · joined Apr 2024 · 1 listed board
  • Bhumika BatraIndependent · joined Mar 2019 · reappointed Mar 2024 · 87 months as independent · 4 listed boards · 4 as independent · 8 committee seats, 3 as chair
  • Aditya SapruIndependent · joined Mar 2022 · reappointed Mar 2022 · 51 months as independent · 3 listed boards · 3 as independent · 6 committee seats
  • Narayanan SubramaniamIndependent · joined Dec 2023 · reappointed Dec 2023 · 30 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
  • Suresh BalakrishnaIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 1 listed board · 1 as independent · 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.

Committees and meetings

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

  • Board

    • 15 Jun 20266 of 7 present4 independent · 36 days in between
    • 9 May 20267 of 7 present4 independent · 4 days in between
    • 4 May 20266 of 7 present3 independent · 54 days in between
    • 10 Mar 20267 of 7 present4 independent · 28 days in between
    1 earlier meeting
    • 9 Feb 20267 of 7 present4 independent

  • Audit Committee

    Chair Bhumika Batra

    Aditya Sapru, Narayanan Subramaniam

    • 15 Jun 20263 of 3 present3 independent · 41 days in between
    • 4 May 20262 of 3 present2 independent · 83 days in between
    • 9 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair Bhumika Batra

    Aditya Sapru, Suresh Balakrishna

    • 4 May 20253 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Narayanan Subramaniam

    Aditya Sapru, Jyothy Ramachandran

    • 4 May 20262 of 3 present1 independent · 83 days in between
    • 9 Feb 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Aditya Sapru

    Jyothy Ramachandran, Ananth Rao T, Ravi Razdan

    • 23 Feb 20264 of 4 present1 independent

  • Corporate Social Responsibility Committee

    Chair Bhumika Batra

    Suresh Balakrishna, Jyothy Ramachandran

    • 4 May 20263 of 3 present2 independent · 364 days in between

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.

  • B S R & Co. LLPPeer-review certificate valid to Jul 2028

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.

Jyothy Labs 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.Jyothy Labs dividend history

Annual general meeting, 14 Jul 2026

2,56,483 shareholders on the register on 7 Jul 2026; present: 4 promoters and 64 others; votes counted by Himanshu S Kamdar / Rathi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Statutory Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.92%

    Turnout: all 85.30% · promoters 100.00% · institutions 88.53% · other public 0.12%

  2. Declaration of final dividend of Rs. 3.50 per equity share of face value of Rs. 1 each of the Company for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.67%

    Turnout: all 85.30% · promoters 100.00% · institutions 88.53% · other public 0.12%

  3. Appointment of Director in place of Mr. Ravi Razdan (DIN: 08936083), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.14% · other public 25.06%

    Turnout: all 85.30% · promoters 100.00% · institutions 88.53% · other public 0.12%

  4. Ratification of remuneration of Cost Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 22.74%

    Turnout: all 85.30% · promoters 100.00% · institutions 88.53% · other public 0.12%

  5. Re-appoint Mr. Aditya Sapru (DIN:00501437) as an Independent Director of the Company
    Special
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 1.08% · other public 27.01%

    Turnout: all 85.30% · promoters 100.00% · institutions 88.53% · other public 0.12%

  6. Annual payment of remuneration by way of Commission to Directors (whether existing or future) other than the Chairperson and Managing Director/Whole-time Directors of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.43%

    Turnout: all 85.30% · promoters 100.00% · institutions 88.53% · other public 0.12%

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, 11 Sep 2025, 5 resolutions

2,28,522 shareholders on the register on 4 Sep 2025; present: 13 promoters and 57 others; votes counted by Himanshu S Kamdar / Rathi & Associates.The company's voting result (opens in a new tab)

  1. 1 - Adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Statutory Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.74%

    Turnout: all 88.12% · promoters 99.93% · institutions 88.42% · other public 0.19%

  2. 2 - Declaration of final dividend of Rs. 3.50 per equity share of face value of Rs. 1 each of the Company for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.83%

    Turnout: all 88.12% · promoters 99.93% · institutions 88.42% · other public 0.19%

  3. 3 - Appointment of Director in place of Mr. Ananth Rao T (DIN: 02585410), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.54% · other public 2.56%

    Turnout: all 88.12% · promoters 99.93% · institutions 88.42% · other public 0.19%

  4. 4 - Ratification of remuneration of Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.25%

    Turnout: all 88.12% · promoters 99.93% · institutions 88.42% · other public 0.19%

  5. 5 - Appointment of Secretarial Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.48%

    Turnout: all 88.12% · promoters 99.93% · institutions 88.42% · 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, 25 Jul 2024, 5 resolutions

Present: 13 promoters and 67 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2024 and the reports of the Board of Directors and Statutory Auditors thereon.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.12% · other public 6.71%

    Turnout: all 89.52% · promoters 100.00% · institutions 89.70% · other public 0.46%

  2. Declaration of final dividend of Rs. 3.50 per equity share of face value of Rs. 1 each of the Company for the Financial Year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.70%

    Turnout: all 89.58% · promoters 100.00% · institutions 89.91% · other public 0.46%

  3. Appointment of Director in place of Ms. M. R. Jyothy (DIN: 00571828), who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 2.13% · other public 6.93%

    Turnout: all 89.50% · promoters 100.00% · institutions 89.64% · other public 0.46%

  4. Approval of payment of remuneration to Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.18%

    Turnout: all 89.58% · promoters 100.00% · institutions 89.91% · other public 0.46%

  5. Re-appointment of Ms. M. R. Jyothy (DIN: 00571828) as the Chairperson and Managing Director of the Company, for a period of 5 (Five) years with effect from April 1, 2025 to March 31, 2030 (both days inclusive) on key terms and conditions including remuneration as specified in the resolution.MoreLess
    SpecialPromoters have an interest in it
    83.70% for16.30% against

    Against: promoters 0.00% · institutions 55.84% · other public 6.83%

    Turnout: all 88.85% · promoters 100.00% · institutions 87.47% · other public 0.46%

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, 7 Mar 2024, 6 resolutions

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

  1. 1. Appointment of Mr. Ananth Rao T (DIN: 02585410) as a Director of the Company
    OrdinaryPromoters have an interest in it
    99.37% for0.63% against

    Against: promoters 0.00% · institutions 2.30% · other public 8.56%

    Turnout: all 86.72% · promoters 100.00% · institutions 82.72% · other public 0.41%

  2. 2. Appointment of Mr. Ananth Rao T (DIN: 02585410) as a Whole time Director designated as “Director – Operations & Commercial” of the Company for a period of 5 (five) consecutive years with effect from April 1, 2024 to March 31, 2029 (both days inclusive), liable to retire by rotationMoreLess
    SpecialPromoters have an interest in it
    98.63% for1.37% against

    Against: promoters 0.00% · institutions 4.99% · other public 8.67%

    Turnout: all 86.72% · promoters 100.00% · institutions 82.72% · other public 0.41%

  3. 3. Appointment of Mr. Ravi Razdan (DIN: 08936083) as a Director of the Company
    OrdinaryPromoters have an interest in it
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 2.30% · other public 9.44%

    Turnout: all 86.72% · promoters 100.00% · institutions 82.72% · other public 0.41%

  4. 4. Appointment of Mr. Ravi Razdan (DIN: 08936083) as a Whole time Director designated as “Director – IT & HR” of the Company for a period of 5 (five) consecutive years with effect from April 1, 2024 to March 31, 2029 (both days inclusive), liable to retire by rotationMoreLess
    SpecialPromoters have an interest in it
    98.63% for1.37% against

    Against: promoters 0.00% · institutions 4.99% · other public 11.07%

    Turnout: all 86.72% · promoters 100.00% · institutions 82.72% · other public 0.41%

  5. 5. Appointment of Mr. Narayanan Subramaniam (DIN: 00166621) as an Independent Director of the Company for a period of 5 (Five) consecutive years commencing from December 15, 2023 up to December 14, 2028 (both days inclusive)MoreLess
    Special
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.93% · other public 8.59%

    Turnout: all 86.72% · promoters 100.00% · institutions 82.72% · other public 0.41%

  6. 6. Appointment of Mr. Suresh Balakrishna (DIN: 05207871) as an Independent Director of the Company for a period of 5 (Five) consecutive years commencing from April 1, 2024 up to March 31, 2029 (both days inclusive)MoreLess
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.58% · other public 8.86%

    Turnout: all 86.72% · promoters 100.00% · institutions 82.72% · 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, 25 Jul 2023, 6 resolutions

Present: 11 promoters and 77 others.The company's voting result (opens in a new tab)

  1. Adoption od the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2023 and the reports of the Board of Directors and Statutory Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 86.72% · promoters 100.00% · institutions 80.99% · other public 3.63%

  2. Declaration of dividend on equity shares of the Company for the Financial Year 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 86.76% · promoters 100.00% · institutions 81.10% · other public 3.63%

  3. Appointment of Director in place of Ms. M. R. Jyothy (DIN: 00571828), who retires by rotation and being eligible, offers for re-appointment
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.24% · other public 0.10%

    Turnout: all 86.76% · promoters 100.00% · institutions 81.10% · other public 3.63%

  4. Ratification of remuneration of Cost Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 86.76% · promoters 100.00% · institutions 81.10% · other public 3.63%

  5. Re-appointment of Ms. Bhumika Batra (DIN: 03502004) as an Independent Director of the Company, not liable to retire by rotation, for a second term of 5 (five) consecutive years commencing from March 14, 2024 up to March 13, 2029 (both days inclusive)MoreLess
    Special
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 1.24% · other public 0.11%

    Turnout: all 86.76% · promoters 100.00% · institutions 81.10% · other public 3.63%

  6. Approval for introduction and implementation of Employee Stock Option Scheme viz. 'Jyothy Labs Limited - Restricted Stock Unit Plan 2023' ('RSU Plan 2023'/ Plan) in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021MoreLess
    Special
    97.84% for2.16% against

    Against: promoters 0.00% · institutions 7.94% · other public 0.08%

    Turnout: all 86.76% · promoters 100.00% · institutions 81.10% · other public 3.63%

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, 25 Jul 2022, 5 resolutions

Present: 14 promoters and 72 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2022 and the reports of the Board of Directors and Statutory Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.09%

    Turnout: all 85.92% · promoters 100.00% · institutions 77.48% · other public 0.15%

  2. Declaration of dividend on equity shares of the Company for the Financial Year 2021-22.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.93% · promoters 100.00% · institutions 77.52% · other public 0.15%

  3. Appointment of Director in place of Ms. M. R. Deepthi (DIN: 01746698), who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.61% · other public 5.21%

    Turnout: all 86.08% · promoters 100.00% · institutions 78.01% · other public 0.14%

  4. Re-appointment of M/s. B S R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W-100022), as the Statutory Auditors of the Company to hold office for a second term of 5 (five) consecutive years commencing from the conclusion of 31st Annual General Meeting until the conclusion of the 36th Annual General Meeting to be held in the year 2027.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 86.08% · promoters 100.00% · institutions 78.01% · other public 0.14%

  5. Ratification of remuneration of Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.10%

    Turnout: all 86.08% · promoters 100.00% · institutions 78.01% · other public 0.14%

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, 8 May 2022, 1 resolution

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

  1. Appointment of Mr. Aditya Sapru (DIN - 00501437) as an Independent Director of the Company for a term of 5 (five) consecutive years commencing from March 28, 2022 to March 27, 2027 (both days inclusive)MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.76%

    Turnout: all 85.74% · promoters 100.00% · institutions 78.76% · 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.

Annual general meeting, 30 Jul 2021, 5 resolutions

Present: 13 promoters and 89 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2021 and the reports of the Board of Directors and Statutory Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 85.57% · promoters 100.00% · institutions 79.95% · other public 0.92%

  2. Declaration of dividend on equity shares of the Company for the Financial Year 2020-21.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.57% · promoters 100.00% · institutions 79.96% · other public 0.92%

  3. Appointment of Director in place of Ms. M. R. Jyothy (DIN: 00571828), who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 85.57% · promoters 100.00% · institutions 79.96% · other public 0.92%

  4. Approval for annual payment of remuneration by way of commission to its Directors (whether existing or future) other than the Managing Director/Whole-time Directors of the Company for a period of five years commencing from April 1, 2022, collectively up to 1% of the net profits of the Company of the respective financial year.MoreLess
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.12% · other public 30.56%

    Turnout: all 85.57% · promoters 100.00% · institutions 79.96% · other public 0.92%

  5. Ratification of remuneration of Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 85.57% · promoters 100.00% · institutions 79.96% · other public 0.92%

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 14 Jul 2026, 4 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Statutory Auditors thereon.
    4 for0 against
  • Declaration of final dividend of Rs. 3.50 per equity share of face value of Rs. 1 each of the Company for the Financial Year 2025-26
    4 for0 against
  • Appointment of Director in place of Mr. Ravi Razdan (DIN: 08936083), who retires by rotation and being eligible, offers himself for re-appointment.
    4 for0 against
  • Ratification of remuneration of Cost Auditors
    4 for0 against
  • Re-appoint Mr. Aditya Sapru (DIN:00501437) as an Independent Director of the Company
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance and Transparency Concern: The proposed appointee holds two full-time positions and there is a lack of clarity on whether one entity holds substantial stake in the other entity.
    3 for1 against
  • Annual payment of remuneration by way of Commission to Directors (whether existing or future) other than the Chairperson and Managing Director/Whole-time Directors of the Company
    4 for0 against

Mutual fund votes, meeting of 11 Sep 2025, 21 fund houses

  • 1 - Adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Statutory Auditors thereon.
    21 for0 against
  • 2 - Declaration of final dividend of Rs. 3.50 per equity share of face value of Rs. 1 each of the Company for the Financial Year 2024-25.
    21 for0 against
  • 3 - Appointment of Director in place of Mr. Ananth Rao T (DIN: 02585410), who retires by rotation and being eligible, offers himself for re-appointment.
    21 for0 against
  • 4 - Ratification of remuneration of Cost Auditors.
    21 for0 against
  • 5 - Appointment of Secretarial Auditors.
    21 for0 against
6 earlier meetings

Mutual fund votes, meeting of 25 Jul 2024, 19 fund houses

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

  • Adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2024 and the reports of the Board of Directors and Statutory Auditors thereon.
    19 for0 against
  • Declaration of final dividend of Rs. 3.50 per equity share of face value of Rs. 1 each of the Company for the Financial Year 2023-24.
    19 for0 against
  • Appointment of Director in place of Ms. M. R. Jyothy (DIN: 00571828), who retires by rotation and being eligible, offers herself for re-appointment.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Combined position of CMD. Concentration of power in the hands of a single person. No absolute cap on commission.
    17 for2 against
  • Approval of payment of remuneration to Cost Auditors.
    4 for0 against
  • Re-appointment of Ms. M. R. Jyothy (DIN: 00571828) as the Chairperson and Managing Director of the Company, for a period of 5 (Five) years with effect from April 1, 2025 to March 31, 2030 (both days inclusive) on key terms and conditions including remuneration as specified in the resolution.MoreLess
    Against Bandhan Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Combined position of CMD. Concentration of power in the hands of a single person. No absolute cap on commission.
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted in view of the following concerns in the executive's remuneration: • Company has proposed a large increase in the fixed pay without providing an adequate rationale for the same. • The company has not provided an absolute monetary cap on the commission element. This could lead to discretionary payouts. • It is not clear if payment of commission is linked to objective metrics, on achievement of target and threshold level, to determine the rewards under the commission element. • The executives overall pay quantum is deemed aggressive in comparison to industry peers. • M R Jyothy will be paid minimum remuneration irrespective of the company's financial performance during her remaining tenure.
    • HSBC Mutual FundA vote AGAINST this resolution is warranted in view of the following concerns in the executive's remuneration: • Company has proposed a large increase in the fixed pay without providing an adequate rationale for the same. • The company has not provided an absolute monetary cap on the commission element. This could lead to discretionary payouts. • It is not clear if payment of commission is linked to objective metrics, on achievement of target and threshold level, to determine the rewards under the commission element. • The executives overall pay quantum is deemed aggressive in comparison to industry peers. • M R Jyothy will be paid minimum remuneration irrespective of the company's financial performance during her remaining tenure
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundNo absolute cap on commission
    11 for7 against
2 proposals not matched to one resolution
  • Ratification of remuneration of Rs. 4,63,000/- per annum (plus Taxes as applicable and out of pocket, travelling and other expenses on actual basis), payable to M/s. R. Nanabhoy and Co., Cost Accountants (Firm Registration Number 000010) appointed as the Cost Auditors of the Company by the Board of Directors on recommendation of the Audit Committee of the Company for conducting audit of the cost accounting records of the Company for the financial year ending March 31, 2025.MoreLess
    15 for0 against
  • To approve, Appointment and Remuneration of Managerial Personnel Rules, 2014.
    Against Edelweiss Mutual Fund
    • Edelweiss Mutual FundTwo agendas clubbed in one.
    0 for1 against

Mutual fund votes, meeting of 7 Mar 2024, 19 fund houses

  • 1. Appointment of Mr. Ananth Rao T (DIN: 02585410) as a Director of the Company
    19 for0 against
  • 2. Appointment of Mr. Ananth Rao T (DIN: 02585410) as a Whole time Director designated as “Director – Operations & Commercial” of the Company for a period of 5 (five) consecutive years with effect from April 1, 2024 to March 31, 2029 (both days inclusive), liable to retire by rotationMoreLess
    19 for0 against
  • 3. Appointment of Mr. Ravi Razdan (DIN: 08936083) as a Director of the Company
    19 for0 against
  • 4. Appointment of Mr. Ravi Razdan (DIN: 08936083) as a Whole time Director designated as “Director – IT & HR” of the Company for a period of 5 (five) consecutive years with effect from April 1, 2024 to March 31, 2029 (both days inclusive), liable to retire by rotationMoreLess
    19 for0 against
  • 5. Appointment of Mr. Narayanan Subramaniam (DIN: 00166621) as an Independent Director of the Company for a period of 5 (Five) consecutive years commencing from December 15, 2023 up to December 14, 2028 (both days inclusive)MoreLess
    19 for0 against
  • 6. Appointment of Mr. Suresh Balakrishna (DIN: 05207871) as an Independent Director of the Company for a period of 5 (Five) consecutive years commencing from April 1, 2024 up to March 31, 2029 (both days inclusive)MoreLess
    19 for0 against

Mutual fund votes, meeting of 25 Jul 2023, 13 fund houses

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

  • Adoption od the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2023 and the reports of the Board of Directors and Statutory Auditors thereon
    13 for0 against
  • Declaration of dividend on equity shares of the Company for the Financial Year 2022-23
    13 for0 against
  • Appointment of Director in place of Ms. M. R. Jyothy (DIN: 00571828), who retires by rotation and being eligible, offers for re-appointment
    13 for0 against
  • Ratification of remuneration of Cost Auditors
    12 for0 against
  • Re-appointment of Ms. Bhumika Batra (DIN: 03502004) as an Independent Director of the Company, not liable to retire by rotation, for a second term of 5 (five) consecutive years commencing from March 14, 2024 up to March 13, 2029 (both days inclusive)MoreLess
    Against Axis Mutual Fund, SBI Mutual Fund
    • Axis Mutual Fundhigh number of directorships on listed companies is not in keeping with the spirit of the regulation
    • SBI Mutual FundMs. Bhumika Batra, 41, is a Partner at Crawford Bayley & Co. She has over 19 years of experience in corporate law including mergers, acquisitions, private equity investments, anti – corruption laws, competition laws, regulatory compliance and related aspects. She is a law and commerce graduate and a qualified Company Secretary. She has completed Executive Program in Management from SC Johnson School of Business, Cornell university. She has been Independent Director on the board since 14 March 2019. She is on the board of six listed companies, including Jyothy Labs Limited. We believe that, as Partner at Crawford Bayley & co., her responsibilities are equivalent to a whole-time directorship. Therefore, her high number of directorships on listed companies is not in keeping with the spirit of the regulation.
    11 for2 against
  • Approval for introduction and implementation of Employee Stock Option Scheme viz. 'Jyothy Labs Limited - Restricted Stock Unit Plan 2023' ('RSU Plan 2023'/ Plan) in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021MoreLess
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs are being granted at a significant discount to market price
    12 for1 against
1 proposal not matched to one resolution
  • Appointment of M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration Number 000010) as the Cost Auditors of the Company for conducting audit of the cost accounting records of the Company for the financial year ending March 31, 2024, be paid a remuneration amounting to Rs. 4,63,000/- (Rupees Four Lacs Sixty-three Thousand only) per annumMoreLess
    1 for0 against

Mutual fund votes, meeting of 25 Jul 2022, 4 fund houses

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

  • Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2022 and the reports of the Board of Directors and Statutory Auditors thereon.
    4 for0 against
  • Declaration of dividend on equity shares of the Company for the Financial Year 2021-22.
    4 for0 against
  • Appointment of Director in place of Ms. M. R. Deepthi (DIN: 01746698), who retires by rotation and being eligible, offers herself for re-appointment.
    4 for0 against
  • Re-appointment of M/s. B S R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W-100022), as the Statutory Auditors of the Company to hold office for a second term of 5 (five) consecutive years commencing from the conclusion of 31st Annual General Meeting until the conclusion of the 36th Annual General Meeting to be held in the year 2027.MoreLess
    4 for0 against
  • Ratification of remuneration of Cost Auditors.
    2 for0 against
2 proposals not matched to one resolution
  • Remuneration payable to M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration Number 000010) as Cost Auditors of the Company amounting to ?4,02,500/- per annum (plus Taxes as applicable and out of pocket, travelling and other expenses on actual basis) required to be ratified by the members of the Company.MoreLess
    1 for0 against
  • Remuneration payable to M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration Number 000010) as Cost Auditors of the Company amounting to Rs.4,02,500/- per annum (plus Taxes as applicable and out of pocket, travelling and other expenses on actual basis) required to be ratified by the members of the Company.MoreLess
    1 for0 against

Mutual fund votes, meeting of 8 May 2022, 5 fund houses

  • Appointment of Mr. Aditya Sapru (DIN - 00501437) as an Independent Director of the Company for a term of 5 (five) consecutive years commencing from March 28, 2022 to March 27, 2027 (both days inclusive)MoreLess
    5 for0 against

Mutual fund votes, meeting of 30 Jul 2021, 7 fund houses

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

  • Adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2021 and the reports of the Board of Directors and Statutory Auditors thereon.
    7 for0 against
  • Declaration of dividend on equity shares of the Company for the Financial Year 2020-21.
    5 for0 against
  • Appointment of Director in place of Ms. M. R. Jyothy (DIN: 00571828), who retires by rotation and being eligible, offers herself for re-appointment.
    7 for0 against
  • Approval for annual payment of remuneration by way of commission to its Directors (whether existing or future) other than the Managing Director/Whole-time Directors of the Company for a period of five years commencing from April 1, 2022, collectively up to 1% of the net profits of the Company of the respective financial year.MoreLess
    6 for0 against
  • Ratification of remuneration of Cost Auditors.
    6 for0 against
3 proposals not matched to one resolution
  • Approve Remuneration of Directors
    1 for0 against
  • Declare final dividend of Rs. 4.0 per share as final dividend (face value Re. 1.0) for FY21
    2 for0 against
  • M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration Number 000010) appointed as the Cost Auditors of the Company
    1 for0 against

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

Fines and tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyCourt of Judicial Magistrate (First Class), 42nd Court, Shindewadi, Dadar, MumbaiSince 8 May 2026

    Order passed in respect of the offence under Section 328A read with Section 471 of the Mumbai Municipal Corporation Act and imposed a fine of Rs. 1,000/-

    It was observed that an illuminated glow sign/advertisement board of store in Ghatkopar had been displayed at the premises without obtaining license from the MCGM, as required under Sections 328A of the Mumbai Municipal Corporation Act, 1888. Pursuant to it, Company has been ordered to pay applicable fine under Section 328A read with Section 471 of the MMC Act.MoreLess
  • Fine or penaltyGST State tax Département – Varanasi Uttar PradeshSince 13 May 2026

    Vehicle Detained by Assistant Commissioner, Mobile Squaid, Mugalsarai, Varanasi, penalty of Rs. 1,85,450.

    Batch Number mentioned on Invoice is not matching with Batch number mentioned on cartons loaded in the truck
  • Tax disputeAssistant Commissioner Of Income Tax, Central Circle2 (4) MumbaiSince 30 Mar 2024
    The Income Tax Department filed an appeal before the Bombay High Court (HC) as on 30.04.2026 against the ITAT order dt 06.08.2025. The appeal is pending for admission before the HC.
    At the filing before: The Hon’ble ITAT, vide its order dated 06.08.2025, had upheld the substantial relief granted by the CIT(A) in respect of Assessment Years 2016-17 and 2018-19 and referred certain matters back to the Assessing Officer for reconsideration. The revised order from the Assessing Officer was awaited.MoreLess
  • Tax disputeAssistant Commissioner Of Income Tax, Central Circle2 (4) MumbaiSince 30 Mar 2024
    The Income Tax Department filed an appeal before the Bombay High Court (HC) as on 30.04.2026 against the ITAT order dt 06.08.2025. The appeal is pending for admission before the HC.
    At the filing before: The Hon’ble ITAT vide its order dated 06.08.2025, had upheld the substantial relief granted by CIT(A) in respect of Assessment Years 2017-18, 2019-20, 2021-22 and 2022-23 and referred certain matters back to the Assessing officer for reconsideration.The revised Order from Assessing Officer was awaited except for AY 2019-20 & 2022-23.MoreLess
  • Tax disputeAssistant Commissioner Of Income Tax, Central Circle2 (4) MumbaiSince 24 Aug 2024
    The Income Tax Department filed an appeal before the Bombay High Court (HC) as on 30.04.2026 against the ITAT order dt 06.08.2025. The appeal is pending for admission before the HC.
    At the filing before: The Hon’ble ITAT vide its order dated 06.08.2025, had upheld the substantial relief granted by CIT(A) for Assessment year 2023-24 and referred certain matters back to the Assessing officer for reconsideration.The revised Order from Assessing Officer was awaited.MoreLess
  • Tax disputeAssistant Commissioner Of Income Tax, Central Circle2 (4) MumbaiSince 28 Apr 2026
    For the AY 2024–25, the Company filed an appeal before the CIT(A) on 28.04.2026 against the assessment order dated 30.03.2026 having Nil income-tax demand. The appeal has been preferred to contest certain prima facie "computational errors and recurring disallowances" due to which the tax liability assessed by the department has increased. It is pertinent to note that these "errors and disallowances" have been decided in company's favour by the orders of the Hon'ble CIT(A) and the Hon'ble Income-tax Appellate Tribunal in earlier assessment years.MoreLess

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

At most 4 complaints open, quarter to Jun 2026.
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
Yes
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.