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

NSE: KIOCLBSE: 540680Ferrous MetalsSmall Cap

Last close ₹320.95down ₹11.95 (3.59%)BSE ₹321.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹332.90.

52-week range of traded prices to 23 Oct 2026
₹290.65Low, 16 Mar 2026₹462.65High, 23 Oct 2025
Market cap
₹19,506 Cr322nd largest listed
P/E
501.7
P/B
11.2
Dividend yield
Nonein the last 12 months
ROE
2.3%
ROCE
−2.5%
Debt to equity
0.00
Volume, NSE
43,26546.6% delivered

KIOCL 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 director and CEOVENKAT KIRAN GANTI
  • Company Secretary and Compliance OfficerClafton Siddharth

5 directors3 independent1 executive1 non-executive

  • VENKAT KIRAN GANTI · Chairperson and managing director and CEOExecutive · joined Jun 2024 · 1 listed board · 2 committee seats
  • GOPALAKRISHNAN GANESANNominee, non-executive · joined Jun 2025 · 1 listed board
  • SUBHASH CHANDRA SARAFIndependent · joined Jul 2026 · 3 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • AVTAR SINGHIndependent · joined Jul 2026 · 3 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • RAKESH MODIIndependent · joined Jul 2026 · 3 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 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.

6 directors who left
  • BINAY KRUSHNA MAHAPATRA, left 31 May 2026: Tenure Completion
  • CHANGDEV SUKHADEV KAMBLE, left 15 Apr 2026: Tenure Completion
  • VINOD KUMAR TRIPATHI, left 11 Jun 2025: Others
  • SANJAY ROY, left 6 Nov 2024: Others
  • USHA NARAYAN, left 31 Oct 2024: Tenure Completion
  • Sukriti Likhi, left 16 Oct 2024: Others

Committees and meetings

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

  • Board

    • 13 Aug 20265 of 5 present3 independent · 77 days in between
    • 27 May 20263 of 3 present0 independent · 43 days in between
    • 13 Apr 20264 of 4 present1 independent

  • Audit Committee

    Chair SUBHASH CHANDRA SARAF

    AVTAR SINGH, VENKAT KIRAN GANTI

    • 13 Aug 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair SUBHASH CHANDRA SARAF

    AVTAR SINGH, GOPALAKRISHNAN GANESAN, VENKAT KIRAN GANTI

    • 11 Aug 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair RAKESH MODI

    SUBHASH CHANDRA SARAF, VENKAT KIRAN GANTI

    No meeting listed in the filing.

  • Risk Management Committee

    Chair AVTAR SINGH

    RAKESH MODI, VENKAT KIRAN GANTI

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair AVTAR SINGH

    RAKESH MODI, VENKAT KIRAN GANTI

    • 11 Aug 20263 of 3 present3 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.

  • G Balu Associates LLPPeer-review certificate valid to Jun 2028
1 earlier auditor
  • G Balu and AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

KIOCL 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.KIOCL dividend history

Annual general meeting, 29 Sep 2026

37,924 shareholders on the register on 22 Sep 2026; present: 1 promoter and 79 others; votes counted by FCS J K DAS / M/S J K DAS & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended 31st March, 2026 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  2. Re-appointment of Shri Ganti Venkat Kiran (DIN: 09613777), as a director, who retires by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  3. Re-appointment of Shri Gopalakrishnan Ganesan (DIN: 11163002), as a director, who retires by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  4. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  5. Appointment of Shri. Subash Chandra Saraf (DIN- 00268769) as Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  6. Appointment of Shri. Avtar Singh (DIN- 09431283) as Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  7. Appointment of Shri. Rakesh Modi (DIN- 11846519) as Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

  8. Ratification of the Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.69%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.18%

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

Annual general meeting, 29 Sep 2025, 7 resolutions

38,885 shareholders on the register on 22 Sep 2025; present: 1 promoter and 48 others; votes counted by FCS J K DAS / M/S J K DAS & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended 31st March, 2025 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 3.45% · other public 0.77%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

  2. Re-appointment of Shri Binay Krushna Mahapatra (DIN: 09613777), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 3.45% · other public 25.99%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

  3. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.42%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

  4. Re-appointment of Shri. Changdev Sukhadev Kamble (DIN: 09351638) as an Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 3.45% · other public 25.96%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

  5. Appointment of Shri. Gopalakrishnan Ganesan (DIN: 11163002) as Govt. Nominee Director, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 3.45% · other public 25.96%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

  6. Appointment of Secretarial Auditor.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 57.93% · other public 25.96%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

  7. Ratification of Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 3.45% · other public 25.99%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.18% · other public 0.05%

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

Annual general meeting, 27 Sep 2024, 4 resolutions

Present: 1 promoter and 52 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended 31st March, 2024 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 66.71%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.08% · other public 0.14%

  2. Re-appointment of Shri Sanjay Roy (DIN: 10045280), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 68.63%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.08% · other public 0.14%

  3. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.92%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.08% · other public 0.14%

  4. Ratification of Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.77%

    Turnout: all 99.03% · promoters 100.00% · institutions 0.08% · 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.

Annual general meeting, 22 Sep 2023, 8 resolutions

Present: 1 promoter and 45 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended 31st March, 2023 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  2. Re-appointment of Shri T. Saminathan (DIN: 08291153), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  3. Re-appointment of Shri Binay Krushna Mahapatra (DIN: 09613777), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  4. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  5. Appointment of Dr. Sanjay Roy (DIN: 10045280) as a Govt. Nominee Director of the Company, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  6. Appointment of Shri Ganti Venkat Kiran (DIN: 10048157) as Director (Production & Projects) of the Company, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  7. Appointment of Shri Manoj Kumar Jhawar (DIN: 07306454) as Director (Finance) of the Company, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

  8. Ratification of the Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.01% · other public 0.61%

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, 17 Sep 2022, 7 resolutions

Present: 1 promoter and 54 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended 31st March, 2022 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

  2. To confirm payment of interim dividend and declare final dividend @ Rs.0.79/- per Equity Share for the year ended 31st March, 2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

  3. Re-appointment of Ms. Sukriti Likhi (DIN: 01825997), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

  4. Re-appointment of Shri S.K. Gorai (DIN: 07223221), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

  5. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

  6. Ratification of the Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

  7. Appointment of Shri Binay Krushna Mahapatra (DIN: 09613777) as a Director of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.78%

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, 23 Jul 2022, 3 resolutions

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

  1. Appointment of Shri Changdev Sukhadev Kamble (DIN: 09351638) as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.29%

  2. Appointment of Dr. Usha Narayan (DIN: 09351511) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.43%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.29%

  3. Appointment of Shri Devidatta Satapathy (DIN: 09591943) as a Govt. Nominee Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.39%

    Turnout: all 99.04% · promoters 100.00% · institutions 0.00% · other public 0.29%

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

Annual general meeting, 15 Sep 2021, 7 resolutions

Present: 1 promoter and 59 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended 31st March, 2021 and the Reports of the Board of Directors and the Auditors thereon and Comments of the C&AG.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · other public 0.45%

  2. To declare Final Dividend @ RS.1.64/- per Equity Share for the year ended 31st March, 2021.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · other public 0.45%

  3. Re-appointment of Sri T. Saminathan (DIN: 08291153), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · other public 0.45%

  4. Re-appointment of Sri K.V. Bhaskara Reddy (DIN: 08672764), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · other public 0.45%

  5. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · other public 0.45%

  6. Appointment of Ms. Sukriti Likhi (DIN: 01825997) as a Govt. Nominee Director, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · other public 0.45%

  7. Ratification of the Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.05% · promoters 100.00% · institutions 6.04% · 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, 29 Sep 2020, 12 resolutions

Present: 1 promoter and 74 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements for the year ended March 31, 2020 and the Reports of the Board of Directors and the Auditors thereon and Comments of the C&AG.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  2. To declare Final Dividend @ RS.0.70 per Equity Share for the year ended March 31, 2020.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  3. Re-appointment of Sri T. Srinivas (DIN: 07238361), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  4. Re-appointment of Sri S.K. Gorai (DIN: 07223221), as a Director who retires by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  5. Fixing the remuneration of Statutory Auditors.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  6. Appointment of Sri Nirmalendu Mohapatra (DIN: 07352648), as an Independent Director.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  7. Appointment of Sri Ranjit Sreenivas (DIN: 08539909), as an Independent Director.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  8. Appointment of Sri G. Ramasamy (DIN: 08632590), as an Independent Director.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  9. Appointment of Sri K.V. Bhaskara Reddy as a Director (Production & Projects) (DIN: 08672764), liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  10. Appointment of Sri Vijoy Kumar Singh (DIN: 00592638) as a Govt. Nominee Director, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  11. Ratification of Remuneration of the Cost Auditor.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

  12. Approval to deliver document through a particular mode as may be sought by the member.
    Special
    100.00% for0.00% against

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

    Turnout: all 99.07% · promoters 100.00% · institutions 0.00% · other public 2.17%

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 29 Sep 2025, 4 fund houses

  • Adoption of Financial Statements for the year ended 31st March, 2025 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundUnqualified financial statements (except certain non-material remarks identified in CARO Report). Compliant with Indian Accounting Standards. Governance Concern: Non-Compliant Audit Committee. Accounts not vetted by duly compliant audit committee.
    3 for1 against
  • Re-appointment of Shri Binay Krushna Mahapatra (DIN: 09613777), as a Director who retires by rotation.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Director/ Woman Independent Director.
    3 for1 against
  • Fixing the remuneration of Statutory Auditors.
    4 for0 against
  • Re-appointment of Shri. Changdev Sukhadev Kamble (DIN: 09351638) as an Independent Director.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern on the merits of Director. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
    3 for1 against
  • Appointment of Shri. Gopalakrishnan Ganesan (DIN: 11163002) as Govt. Nominee Director, liable to retire by rotation.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Director/ Woman Independent Director; Delayed shareholder’s approval.
    3 for1 against
  • Appointment of Secretarial Auditor.
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
    • Kotak Mahindra Mutual FundThe company proposes to appoint J K Das and Associates for five years commencing from 23 August 2025, at a remuneration of Rs. 37,500, plus applicable taxes. The proposed remuneration payable to J K Das and Associates is commensurate with the size of the company. The company has not provided a profile of J K Das and Associates, which is a regulatory requirement. Hence, we do not support the resolution.
    • Motilal Oswal Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Credentials of the proposed Secretarial Auditors not disclosed. Transparency Concern: The Company has not disclosed the audit fee paid to the outgoing Secretarial Auditors; therefore, material change in the audit fee, if any, cannot be ascertained.
    2 for2 against
  • Ratification of Remuneration of the Cost Auditor.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Audit committee is non-compliant with SEBI LODR Regulations.
    3 for1 against

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

  • Adoption of Financial Statements for the year ended 31st March, 2024 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    3 for0 against
  • Re-appointment of Shri Sanjay Roy (DIN: 10045280), as a Director who retires by rotation.
    3 for0 against
  • Fixing the remuneration of Statutory Auditors.
    3 for0 against
  • Ratification of Remuneration of the Cost Auditor.
    3 for0 against
4 earlier meetings

Mutual fund votes, meeting of 22 Sep 2023, 2 fund houses

  • Adoption of Financial Statements for the year ended 31st March, 2023 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    2 for0 against
  • Re-appointment of Shri T. Saminathan (DIN: 08291153), as a Director who retires by rotation.
    2 for0 against
  • Re-appointment of Shri Binay Krushna Mahapatra (DIN: 09613777), as a Director who retires by rotation.
    2 for0 against
  • Fixing the remuneration of Statutory Auditors.
    2 for0 against
  • Appointment of Dr. Sanjay Roy (DIN: 10045280) as a Govt. Nominee Director of the Company, liable to retire by rotation.
    2 for0 against
  • Appointment of Shri Ganti Venkat Kiran (DIN: 10048157) as Director (Production & Projects) of the Company, liable to retire by rotation.
    2 for0 against
  • Appointment of Shri Manoj Kumar Jhawar (DIN: 07306454) as Director (Finance) of the Company, liable to retire by rotation.
    2 for0 against
  • Ratification of the Remuneration of the Cost Auditor.
    2 for0 against

Mutual fund votes, meeting of 17 Sep 2022, 1 fund house

  • Adoption of Financial Statements for the year ended 31st March, 2022 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
    1 for0 against
  • To confirm payment of interim dividend and declare final dividend @ Rs.0.79/- per Equity Share for the year ended 31st March, 2022.
    1 for0 against
  • Re-appointment of Ms. Sukriti Likhi (DIN: 01825997), as a Director who retires by rotation.
    1 for0 against
  • Re-appointment of Shri S.K. Gorai (DIN: 07223221), as a Director who retires by rotation.
    1 for0 against
  • Fixing the remuneration of Statutory Auditors.
    1 for0 against
  • Ratification of the Remuneration of the Cost Auditor.
    1 for0 against
  • Appointment of Shri Binay Krushna Mahapatra (DIN: 09613777) as a Director of the Company.
    1 for0 against

Mutual fund votes, meeting of 23 Jul 2022, 1 fund house

  • Appointment of Shri Changdev Sukhadev Kamble (DIN: 09351638) as an Independent Director
    1 for0 against
  • Appointment of Dr. Usha Narayan (DIN: 09351511) as an Independent Director
    1 for0 against
  • Appointment of Shri Devidatta Satapathy (DIN: 09591943) as a Govt. Nominee Director
    1 for0 against

Mutual fund votes, meeting of 15 Sep 2021, 1 fund house

  • Adoption of Financial Statements for the year ended 31st March, 2021 and the Reports of the Board of Directors and the Auditors thereon and Comments of the C&AG.
    1 for0 against
  • To declare Final Dividend @ RS.1.64/- per Equity Share for the year ended 31st March, 2021.
    1 for0 against
  • Re-appointment of Sri T. Saminathan (DIN: 08291153), as a Director who retires by rotation.
    1 for0 against
  • Re-appointment of Sri K.V. Bhaskara Reddy (DIN: 08672764), as a Director who retires by rotation.
    1 for0 against
  • Fixing the remuneration of Statutory Auditors.
    1 for0 against
  • Appointment of Ms. Sukriti Likhi (DIN: 01825997) as a Govt. Nominee Director, liable to retire by rotation.
    1 for0 against
  • Ratification of the Remuneration of the Cost Auditor.
    1 for0 against

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

Fines

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyBSE,NSE,MSEISince 25 Aug 2026₹0.16 Cr

    Fine

    Regulation 17(1) Non-compliance with therequirements pertaining tothe composition of theBoard including failure toappoint woman director
  • Fine or penaltyBSE,NSESince 25 Aug 2026₹23,600

    Fine

    Regulation 17(2A) Non-compliance with therequirements pertaining to quorum of Boardmeetings
  • Fine or penaltyBSE,NSE,MSEISince 25 Aug 2026₹0.06 Cr

    Fine

    Regulation 18(1) Non-compliance with theconstitution of auditcommittee
  • Fine or penaltyBSE,NSE,MSEISince 25 Aug 2026₹0.06 Cr

    Fine

    Regulation 19(1)/ 19(2) Non-compliance with theconstitution of nominationand remunerationcommittee
  • Fine or penaltyBSE,NSESince 25 Aug 2026₹0.04 Cr

    Fine

    Regulation 20(2)/(2A) Non-compliance with theconstitution of stakeholderrelationship committee
  • Fine or penaltyBSE,NSESince 25 Aug 2026₹0.04 Cr

    Fine

    Regulation 21(2) Non-compliance with the Constitution of riskmanagement committee

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

The company's own answers in its filing.