Kirloskar Brothers logo

Kirloskar Brothers MD, chairman, board of directors and AGM

NSE: KIRLOSBROSBSE: 500241Industrial ProductsSmall Cap

Last close ₹1,597.60down ₹61.70 (3.72%)BSE ₹1,595.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,659.30.

52-week range of traded prices to 23 Oct 2026
₹1,335.00Low, 30 Mar 2026₹2,189.20High, 22 Jun 2026
Market cap
₹12,686 Cr475th largest listed
P/E
34.0
P/E without one-offs
30.8
P/B
5.1
Dividend yield
0.44%
ROE
16.4%
ROE without one-offs
18.1%
ROCE
16.7%
Debt to equity
0.08
Volume, NSE
44,93138.4% delivered

Kirloskar Brothers 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 directorSanjay Chandrakant KirloskarRelated to the promoter
  • Managing directorRama Sanjay Kirloskar
  • Company Secretary and Compliance OfficerDevang Trivedi

10 directors6 independent2 executive2 non-executive

  • Sanjay Chandrakant Kirloskar · Chairperson and managing directorExecutive · joined Nov 1985 · reappointed Nov 2025 · 3 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Alok Sanjay KirloskarNon-executive · joined Jul 2012 · reappointed Aug 2023 · 1 listed board · 1 committee seat
  • Rama Sanjay Kirloskar · Managing directorExecutive · joined Jul 2017 · reappointed Aug 2021 · 3 listed boards · 2 as independent · 1 committee seat
  • Vivek Sharad PendharkarIndependent · joined Oct 2021 · reappointed Oct 2021 · 56 months as independent · 1 listed board · 1 as independent
  • Rekha SethiIndependent · joined Oct 2021 · reappointed Oct 2021 · 56 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 1 as chair
  • Vinayak Kashinath DeshpandeIndependent · joined Aug 2023 · reappointed Aug 2023 · 35 months as independent · 3 listed boards · 2 as independent · 4 committee seats, 2 as chair
  • Pradyumna Rameshchandra VyasIndependent · joined May 2025 · reappointed May 2025 · 14 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
  • M S UnnikrishnanNon-executive · joined Jun 2025 · reappointed Jun 2025 · 13 months as independent · 4 listed boards · 3 as independent · 3 committee seats
  • Harsh Vardhan ShringlaIndependent · joined Aug 2025 · reappointed Aug 2025 · 11 months as independent · 2 listed boards · 2 as independent
  • Brij Bhushan NagpalIndependent · joined Nov 2025 · reappointed Nov 2025 · 8 months as independent · 1 listed board · 1 as independent · 2 committee seats, 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.

3 directors who left
  • Shobinder Duggal, left 24 May 2026: Tenure Completion
  • Shrinivas Dempo, left 24 May 2026: Tenure Completion
  • Ramni Nirula, left 24 May 2026: Tenure Completion

Committees and meetings

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

  • Board

    • 13 May 202612 of 13 present8 independent · 64 days in between
    • 9 Mar 202613 of 13 present9 independent · 31 days in between
    • 5 Feb 202612 of 13 present8 independent

  • Audit Committee

    Chair Brij Bhushan Nagpal

    Vinayak Deshpande, M S Unnikrishnan, Pradyumna Vyas

    • 12 May 20265 of 5 present5 independent
    • 27 Mar 20263 of 5 present3 independent · 49 days in between
    • 5 Feb 20264 of 5 present3 independent
    • 12 Jan 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair Vinayak Deshpande

    Sanjay Chandrakant Kirloskar, Rekha Sethi, M S Unnikrishnan, Pradyumna Rameshchandra Vyas

    • 12 May 20266 of 6 present4 independent

  • Stakeholders Relationship Committee

    Chair Vinayak Deshpande

    Sanjay Chandrakant Kirloskar, Alok Sanjay Kirloskar, Brij Bhushan Nagpal

    • 12 May 20264 of 4 present2 independent · 45 days in between

  • Risk Management Committee

    Chair M S Unnikrishnan

    Rama Sanjay Kirloskar, Vinayak Deshpande, Bhavesh Chheda

    • 17 Jan 20263 of 3 present1 independent · 4 days in between

  • Corporate Social Responsibility Committee

    Chair Vivek Pendharkar

    Sanjay Chandrakant Kirloskar, Rama Sanjay Kirloskar, Rekha Sethi, Harsh Vardhan Shringla

    • 13 May 20264 of 4 present2 independent · no day in between
    • 5 Feb 20264 of 4 present2 independent · 18 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 Jun 2026.

  • Sharp & Tannan Associates, Chartered AccountantsPeer-review certificate valid to Apr 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.

Kirloskar Brothers 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.Kirloskar Brothers dividend history

Postal ballot, 15 Oct 2026

63,946 shareholders on the register on 11 Sep 2026; votes counted by Dinesh Birla / Dinesh Birla & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Dr. Madhuri Kanitkar (DIN: 11062719) as an Independent Director of the Company
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    67.07% for32.93% against

    Against: promoters 39.57% · institutions 0.00% · other public 16.72%

    Turnout: all 75.70% · promoters 95.48% · institutions 75.16% · other public 0.49%

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

Annual general meeting, 31 Jul 2026, 6 resolutions

65,446 shareholders on the register on 24 Jul 2026; present: 7 promoters and 57 others; votes counted by Dinesh Birla / Dinesh Birla & Associates.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 Report of the Board of Directors and Auditors thereon.
    Ordinary
    66.98% for33.02% against

    Against: promoters 39.57% · institutions 0.00% · other public 0.01%

    Turnout: all 75.45% · promoters 95.47% · institutions 74.17% · other public 0.62%

  2. To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Auditors thereon.
    Ordinary
    66.98% for33.02% against

    Against: promoters 39.57% · institutions 0.00% · other public 0.01%

    Turnout: all 75.45% · promoters 95.47% · institutions 74.17% · other public 0.62%

  3. To declare dividend on equity shares of the Company for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.60% · promoters 57.69% · institutions 74.53% · other public 0.62%

  4. To appoint a Director in place of Ms. Rama Kirloskar (DIN: 07474724), who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    66.36% for33.64% against

    Against: promoters 39.57% · institutions 3.89% · other public 0.14%

    Turnout: all 75.52% · promoters 95.47% · institutions 74.53% · other public 0.62%

  5. To re-appoint Ms. Rama Kirloskar as the Joint Managing Director of the Company from August 03, 2026 to August 02, 2031 and to approve remuneration, payable to her
    Ordinary
    55.46% for44.54% against

    Against: promoters 39.57% · institutions 70.04% · other public 0.03%

    Turnout: all 75.52% · promoters 95.47% · institutions 74.53% · other public 0.62%

  6. To ratify remuneration payable to the Cost Auditors for the Financial Year 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 75.52% · promoters 95.47% · institutions 74.53% · other public 0.62%

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

Postal ballot, 6 Dec 2025, 1 resolution

67,828 shareholders on the register on 31 Oct 2025; votes counted by Dinesh Birla / Dinesh Birla & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Brij Bhushan Nagpal (DIN: 01853613) as an Independent Director of the Company.
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    67.62% for32.38% against

    Against: promoters 38.23% · institutions 0.00% · other public 15.70%

    Turnout: all 76.99% · promoters 98.81% · institutions 73.17% · other public 0.53%

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, 10 Sep 2025, 1 resolution

71,305 shareholders on the register on 8 Aug 2025; votes counted by Dinesh Birla / Dinesh Birla & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Harsh Vardhan Shringla (DIN: 11203013) as an Independent Director of the Company.
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    65.31% for34.69% against

    Against: promoters 39.57% · institutions 8.06% · other public 1.66%

    Turnout: all 74.48% · promoters 95.47% · institutions 72.14% · other public 0.57%

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

Annual general meeting, 1 Aug 2025, 9 resolutions

69,218 shareholders on the register on 25 Jul 2025; present: 5 promoters and 38 others; votes counted by Dinesh Birla / Dinesh Birla & Associates.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 Report of the Board of Directors and Auditors thereon.
    Ordinary
    66.57% for33.43% against

    Against: promoters 39.57% · institutions 0.00% · other public 0.10%

    Turnout: all 74.53% · promoters 95.47% · institutions 72.28% · other public 0.46%

  2. To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Report of the Auditors thereon.
    Ordinary
    66.57% for33.43% against

    Against: promoters 39.57% · institutions 0.00% · other public 0.10%

    Turnout: all 74.53% · promoters 95.47% · institutions 72.28% · other public 0.46%

  3. To declare dividend on equity shares of the Company for the Financial Year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 49.70% · promoters 57.69% · institutions 72.80% · other public 0.46%

  4. To appoint a Director in place of Mr. Alok Kirloskar (DIN 05324745), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    66.32% for33.68% against

    Against: promoters 39.57% · institutions 1.83% · other public 0.14%

    Turnout: all 74.61% · promoters 95.47% · institutions 72.77% · other public 0.46%

  5. To re-appoint Mr. Sanjay C. Kirloskar as the Managing Director of the Company from November 19, 2025 to March 21, 2027 and to approve remuneration, payable to him.
    Ordinary
    55.86% for44.14% against

    Against: promoters 39.57% · institutions 69.32% · other public 0.13%

    Turnout: all 74.61% · promoters 95.47% · institutions 72.77% · other public 0.46%

  6. To appoint Mr. Pradyumna Vyas, as an Independent Director of the Company.
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is given
    66.61% for33.40% against

    Against: promoters 39.57% · institutions 0.00% · other public 0.12%

    Turnout: all 74.61% · promoters 95.47% · institutions 72.77% · other public 0.46%

  7. To appoint Mr. M.S. Unnikrishnan, as Non-Executive and Non-Independent Director of the Company, liable to retire by rotation.
    Ordinary
    66.02% for33.98% against

    Against: promoters 39.57% · institutions 3.79% · other public 0.15%

    Turnout: all 74.61% · promoters 95.47% · institutions 72.77% · other public 0.46%

  8. To appoint Messrs Dinesh Birla and Associates as Secretarial Auditors for a term of 5 consecutive years from the Financial Year 2025-26.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.61% · promoters 95.47% · institutions 72.76% · other public 0.46%

  9. To ratify remuneration payable to the Cost Auditors for the Financial Year 2025-26.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.61% · promoters 95.47% · institutions 72.77% · 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.

Annual general meeting, 2 Aug 2024, 5 resolutions

Present: 8 promoters and 32 others.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, 2024 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    67.23% for32.77% against

    Against: promoters 38.23% · institutions 0.00% · other public 0.35%

    Turnout: all 76.04% · promoters 98.83% · institutions 68.83% · other public 0.80%

  2. To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Report of the Auditors thereon
    Ordinary
    67.23% for32.77% against

    Against: promoters 38.23% · institutions 0.00% · other public 2.62%

    Turnout: all 76.04% · promoters 98.83% · institutions 68.83% · other public 0.80%

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

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 51.33% · promoters 61.05% · institutions 70.19% · other public 0.80%

  4. To appoint a Director in place of Ms. Rama Kirloskar (DIN 07474724),who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    67.32% for32.68% against

    Against: promoters 38.23% · institutions 0.00% · other public 0.47%

    Turnout: all 76.24% · promoters 98.83% · institutions 70.16% · other public 0.80%

  5. To ratify remuneration payable to the Cost Auditors for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 76.24% · promoters 98.83% · institutions 70.16% · other public 0.81%

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, 10 Sep 2023, 1 resolution

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

  1. Appointment of Mr. Vinayak Deshpande (DIN 00036827), as an Independent Director of the Company
    Special
    66.66% for33.34% against

    Against: promoters 38.23% · institutions 0.00% · other public 0.11%

    Turnout: all 74.74% · promoters 98.82% · institutions 74.47% · other public 3.40%

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, 1 Aug 2023, 4 resolutions

Present: 8 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt - a) Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Reports of Auditors and Board of Directors thereon; and b) Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2023, together with the Reports of the Auditors thereon.MoreLess
    Ordinary
    66.17% for33.83% against

    Against: promoters 38.23% · institutions 0.00% · other public 0.00%

    Turnout: all 73.65% · promoters 98.82% · institutions 74.08% · other public 0.89%

  2. To declare 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 0.10%

    Turnout: all 48.85% · promoters 61.04% · institutions 75.08% · other public 0.89%

  3. To appoint a Director in place of Mr. Alok Kirloskar (DIN 05324745), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    66.22% for33.78% against

    Against: promoters 38.23% · institutions 0.00% · other public 0.10%

    Turnout: all 73.76% · promoters 98.82% · institutions 75.08% · other public 0.89%

  4. To ratify remuneration payable to M/s. Parkhi Limaye & Co., Cost Accountants for the Financial Year 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.76% · promoters 98.82% · institutions 75.08% · other public 0.89%

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

How mutual funds voted

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

Mutual fund votes, meeting of 31 Jul 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Board of Directors and Auditors thereon.
    3 for0 against
  • To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Auditors thereon.
    3 for0 against
  • To declare dividend on equity shares of the Company for the Financial Year ended March 31, 2026.
    3 for0 against
  • To appoint a Director in place of Ms. Rama Kirloskar (DIN: 07474724), who retires by rotation and being eligible, offers herself for re-appointment.
    3 for0 against
  • To re-appoint Ms. Rama Kirloskar as the Joint Managing Director of the Company from August 03, 2026 to August 02, 2031 and to approve remuneration, payable to her
    Against Angel One Mutual Fund
    • Angel One Mutual FundTransparency Concern & Governance Concern : Non-disclosure of remuneration from Subsidiary & Joint Venture of the company, hence fairness of total remuneration to be paid from the Group cannot be ascertained. No absolute cap on variable pay or total remuneration & Board discretion to determine variable pay.
    2 for1 against
  • To ratify remuneration payable to the Cost Auditors for the Financial Year 2026-27.
    3 for0 against

Mutual fund votes, meeting of 6 Dec 2025, 20 fund houses

  • Appointment of Mr. Brij Bhushan Nagpal (DIN: 01853613) as an Independent Director of the Company.
    20 for0 against
5 earlier meetings

Mutual fund votes, meeting of 10 Sep 2025, 16 fund houses

  • Appointment of Mr. Harsh Vardhan Shringla (DIN: 11203013) as an Independent Director of the Company.
    16 for0 against

Mutual fund votes, meeting of 1 Aug 2025, 16 fund houses

  • To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Report of the Board of Directors and Auditors thereon.
    16 for0 against
  • To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Report of the Auditors thereon.
    16 for0 against
  • To declare dividend on equity shares of the Company for the Financial Year ended March 31, 2025.
    16 for0 against
  • To appoint a Director in place of Mr. Alok Kirloskar (DIN 05324745), who retires by rotation and being eligible, offers himself for re-appointment.
    16 for0 against
  • To re-appoint Mr. Sanjay C. Kirloskar as the Managing Director of the Company from November 19, 2025 to March 21, 2027 and to approve remuneration, payable to him.
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, UTI Mutual Fund
    • Angel One Mutual FundGovernance Concern: Holds combined position of Chairman and Managing Director may leads to concentration of power in the hands of single person; No absolute cap on variable pay or total remuneration & Nomination & Remuneration Committee discretion to determine variable payment.
    • Axis Mutual FundSanjay Kirloskar, 68, is part of the promoter family and serves as the Chairperson and Managing Director of Kirloskar Brothers Limited. We raise concern over his membership of the Nomination and Remuneration Committee (NRC). We believe the NRC must only comprise Independent Directors to avoid any potential conflict of interest. His FY25 pay aggregated Rs. 99.0 mn. Based on the proposed terms, we estimate his annual pay at Rs. 147.5 mn, including commission. His commission will be determined by the Board/ NRC. The company should cap the commission in absolute terms and disclose the performance metrics that determine variable pay. While his pay is reasonable for his role and responsibilities, we raise concern that he is eligible for uncapped medical reimbursements for himself and his family. We believe these expenses are personal in nature and should be borne by the directors themselves. For medical coverage, the company may consider acquiring health insurance, rather than supporting the entire medical expenses at actuals. We do not support the resolution.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. Governance Concern: Holds combined position of Chairman and Managing Director may leads to concentration of power in the hands of single person; No absolute cap on variable pay or total remuneration & NRC discretion to determine variable payment.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundGovernance Concern: Holds combined position of Chairman and Managing Director may leads to concentration of power in the hands of single person; No absolute cap on variable pay or total remuneration & NRC discretion to determine variable payment.
    • UTI Mutual FundSanjay Kirloskar, 68, is part of the promoter family and serves as the Chairperson and Managing Director of Kirloskar Brothers Limited. We raise concern over his membership of the Nomination and Remuneration Committee (NRC). We believe the NRC must only comprise Independent Directors to avoid any potential conflict of interest. His FY25 pay aggregated Rs. 99.0 mn. Based on the proposed terms, we estimate his annual pay at Rs. 147.5 mn, including commission. His commission will be determined by the Board/ NRC. The company should cap the commission in absolute terms and disclose the performance metrics that determine variable pay. While we support the reappointment, the overall compensation given to promoters is crossing our internal remuneration threshold. Hence we do not support the resolution.
    6 for10 against
  • To appoint Mr. Pradyumna Vyas, as an Independent Director of the Company.
    16 for0 against
  • To appoint Mr. M.S. Unnikrishnan, as Non-Executive and Non-Independent Director of the Company, liable to retire by rotation.
    16 for0 against
  • To appoint Messrs Dinesh Birla and Associates as Secretarial Auditors for a term of 5 consecutive years from the Financial Year 2025-26.
    16 for0 against
  • To ratify remuneration payable to the Cost Auditors for the Financial Year 2025-26.
    16 for0 against

Mutual fund votes, meeting of 2 Aug 2024, 9 fund houses

  • To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Reports of the Board of Directors and Auditors thereon
    9 for0 against
  • To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Report of the Auditors thereon
    9 for0 against
  • To declare dividend on equity shares of the Company for the Financial Year ended March 31, 2024
    9 for0 against
  • To appoint a Director in place of Ms. Rama Kirloskar (DIN 07474724),who retires by rotation and being eligible, offers herself for re-appointment.
    9 for0 against
  • To ratify remuneration payable to the Cost Auditors for the Financial Year 2024-25.
    9 for0 against

Mutual fund votes, meeting of 10 Sep 2023, 6 fund houses

  • Appointment of Mr. Vinayak Deshpande (DIN 00036827), as an Independent Director of the Company
    6 for0 against

Mutual fund votes, meeting of 1 Aug 2023, 5 fund houses

  • To receive, consider and adopt - a) Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Reports of Auditors and Board of Directors thereon; and b) Audited Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2023, together with the Reports of the Auditors thereon.MoreLess
    5 for0 against
  • To declare Dividend on Equity Shares of the Company for the Financial Year 2022-23
    5 for0 against
  • To appoint a Director in place of Mr. Alok Kirloskar (DIN 05324745), who retires by rotation and being eligible, offers himself for re-appointment
    5 for0 against
  • To ratify remuneration payable to M/s. Parkhi Limaye & Co., Cost Accountants for the Financial Year 2023-24
    5 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 penaltyBSE LimitedSince 5 Jun 2026₹59,000

    The Company had filed Annual Secretarial Compliance Report (ASCR) for the Financial Year ended March 31, 2025, in XBRL format, within prescribed time. However, the same filing in PDF format was missed out at BSE. Please note that the Company had filed both XBRL and PDF format for the ASCR in NSE within prescribed time. In view of this, BSE had imposed a fine of Rs. 50,000 (Plus GST). The Company rectified the inadvertent error by filing ASCR in PDF format on the same day, upon intimation by BSE on June 26, 2025 and filed waiver application for withdrawal of notice and penalty imposed thereto by BSE. However, with reference to email communication received from BSE dated June 05, 2026, the aforesaid waiver application was not approved and levy of aforesaid penalty was upheld by BSE. Accordingly, the said penalty of Rs. 50,000 (plus GST) was paid to BSE on June 11, 2026.

    Inadvertent delay in filing of PDF document for Annual Secretarial Compliance Report (ASCR) for the Financial Year ended March 31, 2025.
  • Tax disputeOffice of Assistant Commissioner of State Tax, Dwarakanagar Circle, Vishakhapatnam, State Tax Department, Government of Andhra PradeshSince 12 Aug 2025
    The Hon'ble High Court for State of Andhra Pradesh at Amaravati vide Order dated November 05, 2025, has extended interim stay granted earlier, till further orders and directed to post the matter after filing of counter-affidavit. The Respondent filed its Counter Affidavit on November 26, 2025 and the Company filed Rejoinder on April 10, 2026. case will be listed for Arguments before High Court.MoreLess
    At the filing before: The Hon'ble High Court for State of Andhra Pradesh at Amaravati vide Order dated November 05, 2025, has extended interim stay granted earlier, till further orders and directed to post the matter after filing of counter-affidavit.MoreLess
  • Tax disputeCGST and Central Excise, Chennai North Commissionerate, ChennaiSince 22 Jan 2026
    An appeal pertaining to the demand raised for the relevant period has been filed along with the mandatory pre-deposit as applicable under the CGST Act.

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.