Lincoln Pharmaceuticals MD, chairman, board of directors and AGM
NSE: LINCOLNBSE: 531633Pharmaceuticals & BiotechnologySmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹510.85.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,027 Cr1,389th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 10.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 1.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.35%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 13.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 11.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.01
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 35,18143.1% delivered
Lincoln Pharmaceuticals 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
- ChairpersonKishorbhai Meghjibhai Shah
- Managing directorMahendra Gulabdas Patel
9 directors3 independent4 executive2 non-executive
- Kishorbhai Meghjibhai Shah · ChairpersonNon-executive · joined Aug 1995 · reappointed Jul 1996 · 1 listed board
- Mahendra Gulabdas Patel · Managing directorExecutive · joined Jan 1995 · reappointed Oct 2025 · 1 listed board · 1 committee seat
- Hashmukh Ishwarlal PatelExecutive · joined Jan 1995 · reappointed Oct 2025 · 1 listed board · 1 committee seat
- Munjal Mahendra PatelExecutive · joined Nov 2014 · reappointed Nov 2025 · 2 listed boards · 1 as independent · 1 committee seat, 1 as chair
- Ashish Rajnibhai PatelExecutive · joined Nov 2014 · reappointed Nov 2025 · 1 listed board
- Rajnikant Gulabdas PatelNon-executive · joined Jan 1995 · reappointed Jun 2018 · 1 listed board
- Saurin Jagdish ParikhIndependent · joined Mar 2018 · reappointed Mar 2023 · 99 months as independent · 2 listed boards · 1 as independent · 1 committee seat
- Nareshkumar Pirabhai SutharIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Seema Manubhai MehtaIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 1 listed board · 1 as independent
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
- 28 May 20266 of 9 present3 independent · 104 days in between
- 12 Feb 20268 of 9 present3 independent
Audit Committee
Chair Seema Manubhai Mehta
Nareshkumar Pirabhai Suthar, Munjal Mahendra Patel
- 28 May 20263 of 3 present2 independent · 104 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Seema Manubhai Mehta
Nareshkumar Pirabhai Suthar, Saurin Jagdish Parikh
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Seema Manubhai Mehta
Mahendra Gulabdas Patel, Hashmukh Ishwarlal Patel
No meeting listed in the filing.
Risk Management Committee
Chair Seema Manubhai Mehta
Munjal Mahendra Patel, Darshit Shah
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Mahendra Gulabdas Patel
Munjal Mahendra Patel, Seema Manubhai Mehta
- 28 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/S Samir M Shah & AssociatesPeer-review certificate valid to Apr 2029
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.
Lincoln Pharmaceuticals 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.Lincoln Pharmaceuticals dividend history
Annual general meeting, 30 Sep 2026
29,882 shareholders on the register on 23 Sep 2026; present: 18 promoters and 62 others; votes counted by UMESH PARIKH / PARIKH DAVE & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Standalone and Consolidated financial statements of the Company for the financial year ended March 31, 2026, the reports of Board of Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.08% · other public 0.05%
Turnout: all 55.88% · promoters 93.33% · institutions 54.27% · other public 15.17%
- To declare dividend of Rs. 1.80/- (i.e.18%) per equity share of Rs. 10/- each for the financial year 2025-2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.93% · promoters 93.33% · institutions 55.34% · other public 15.17%
- To appoint a director in place of Mr. Hashmukh I. Patel [DIN: 00104834], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it95.47% for4.53% against
Against: promoters 0.00% · institutions 99.32% · other public 0.05%
Turnout: all 55.93% · promoters 93.33% · institutions 55.34% · other public 15.17%
- To appoint a director in place of Mr. Munjal Mahendrabhai Patel [DIN: 02319308], who retires by rotation and being eligible offers himself for re-appointment as a director.OrdinaryPromoters have an interest in it95.48% for4.52% against
Against: promoters 0.00% · institutions 99.24% · other public 0.01%
Turnout: all 55.93% · promoters 93.33% · institutions 55.34% · other public 15.17%
- Ratification of remuneration payable to Cost auditors of the Company for Financial Year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 55.93% · promoters 93.33% · institutions 55.34% · other public 15.17%
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.
Annual general meeting, 30 Sep 2025, 10 resolutions
33,164 shareholders on the register on 23 Sep 2025; present: 14 promoters and 71 others; votes counted by UMESH PARIKH / PARIKH DAVE & ASSOCIATES.The company's voting result (opens in a new tab)
Adopt the Audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2025 together with the auditors report theron and the report of the board of directors of the Company.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 57.03% · promoters 93.38% · institutions 48.85% · other public 17.82%
- To declare dividend on Equity shares @ Rs. 1.80 (18%) per share for the financial year 2024-25.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Re-appointment of Mr. Ashish Rajanikant Patel [DIN: 01309017], Director who retires by rotation.OrdinaryPromoters have an interest in it96.24% for3.76% against
Against: promoters 0.00% · institutions 83.40% · other public 0.08%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Re-appointment of Mr. Rajanikant Gulabdas Patel [DIN:00104786], Director who retires by rotation.OrdinaryPromoters have an interest in it95.50% for4.50% against
Against: promoters 0.00% · institutions 99.96% · other public 0.05%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Re-appointment of Mr. Mahendra G. Patel (DIN: 00104706) as a Managing Director of the Company, for a period of 5 (five) years with effect from October 01, 2025.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.03% · other public 0.05%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Re-appointment of Mr. Hashmukh I. Patel (DIN: 00104834) as a Whole Time Director of the Company for a period of 5 (five) years with effect from October 01, 2025.SpecialPromoters have an interest in it96.24% for3.76% against
Against: promoters 0.00% · institutions 83.43% · other public 0.06%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Re-appointment of Mr. Ashish R. Patel (DIN: 01309017) as a Whole Time Director of the Company for a period of 5 (five) years with effect from November 14, 2025.SpecialPromoters have an interest in it96.24% for3.76% against
Against: promoters 0.00% · institutions 83.43% · other public 0.06%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Re-appointment of Mr. Munjal M. Patel (DIN: 02319308) as a Whole Time Director of the Company for a period of 5 (five) years with effect from November 14, 2025.SpecialPromoters have an interest in it96.24% for3.76% against
Against: promoters 0.00% · institutions 83.43% · other public 0.08%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
- Ratification of remuneration payable to Kiran J. Mehta & Co., Cost Accountants (FRN: 000025) for the Financial Year ending on March 31, 2026.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 57.08% · promoters 93.38% · institutions 49.80% · other public 17.82%
To appoint M/s. Ankit Sethi & Associates, Company Secretaries, (Certificate of Practice No:11089), and Peer review No.- 3412/2023 as the Secretarial Auditors of the Company for the first term of 5 (five) consecutive years.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 57.07% · promoters 93.38% · institutions 49.70% · other public 17.82%
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 Sep 2024, 5 resolutions
Present: 18 promoters and 64 others.The company's voting result (opens in a new tab)
Adopt the Audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2024 togeatherwith the auditors report theron and the report of the board of directors of the Company.MoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 55.67% · promoters 94.54% · institutions 52.93% · other public 13.10%
- To Declaration of dividend on equity shares for the financial year 2023-2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.78% · promoters 94.54% · institutions 54.98% · other public 13.10%
- To appoint a Director in place of Mr. Munjal M. Patel [DIN: 02319308], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it94.96% for5.04% against
Against: promoters 0.00% · institutions 99.95% · other public 0.07%
Turnout: all 55.78% · promoters 94.54% · institutions 54.98% · other public 13.10%
- To appoint a Director in place of Mr. Kishor Meghji Shah [DIN: 02769085], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it95.06% for4.94% against
Against: promoters 0.00% · institutions 97.93% · other public 0.07%
Turnout: all 55.78% · promoters 94.54% · institutions 54.98% · other public 13.10%
- Retification of remuneration of M/s. Kiran J. Mehta & Co. Cost Accountants (FRN : 000025) for the Financial year ending on March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.78% · promoters 94.54% · institutions 54.98% · other public 13.10%
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, 18 May 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Nareshkumar Suthar (DIN:03261937), as an “Independent Director” of the Company for term of 5 (Five) Years commencing from April 01, 2024 up to March 31, 2029Special96.65% for3.35% against
Against: promoters 0.00% · institutions 79.96% · other public 0.09%
Turnout: all 57.69% · promoters 94.51% · institutions 60.16% · other public 18.23%
- Appointment of Ms. Seema Mehta (DIN: 10540549), as a “Woman Independent Director” of the Company for term of 5 (Five) Years commencing from April 01, 2024 up to March 31, 2029.Special99.72% for0.28% against
Against: promoters 0.00% · institutions 6.31% · other public 0.13%
Turnout: all 57.69% · promoters 94.51% · institutions 60.16% · other public 18.23%
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 Sep 2023, 5 resolutions
Present: 16 promoters and 90 others.The company's voting result (opens in a new tab)
Adopt the audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2023 togeatherwith the auditors report theron and the report of the board of directors of the Company.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 57.59% · promoters 95.67% · institutions 29.36% · other public 18.11%
- To Declaration of dividend on equity shares for the financial year 2022-2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 57.59% · promoters 95.67% · institutions 29.36% · other public 18.11%
- To appoint a Director in place of Mr. RajanikantnGulabdas Patel [DIN: 00104786], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it98.67% for1.33% against
Against: promoters 0.00% · institutions 100.00% · other public 0.06%
Turnout: all 57.59% · promoters 95.67% · institutions 29.36% · other public 18.11%
- To appoint a Director in place of Mr. Hashmukh I. Patel [DIN: 00104834], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it98.67% for1.33% against
Against: promoters 0.00% · institutions 100.00% · other public 0.06%
Turnout: all 57.59% · promoters 95.67% · institutions 29.36% · other public 18.11%
- Retification of remuneration of M/s. Kiran J. Mehta & Co. Cost Accountants (FRN : 000025) for the Financial year ending on March 31, 2024Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 57.59% · promoters 95.67% · institutions 10.26% · other public 19.16%
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 Sep 2022, 13 resolutions
Present: 16 promoters and 70 others.The company's voting result (opens in a new tab)
Adopt the audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2022 togeatherwith the auditors report theron and the report of the board of directors of the Company.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- To declare dividend of ₹ 1.50/- (15%) per equity share for the financial year 2021-2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- To appoint a Director in place of Mr. Kishor M. Shah [DIN: 02769085], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it98.78% for1.22% against
Against: promoters 0.00% · institutions 99.92% · other public 0.43%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- To appoint a Director in place of Mr. Ashish R. Patel [DIN: 01309017], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it98.62% for1.38% against
Against: promoters 0.00% · institutions 99.92% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- The Appointment of Samir M. shah and Associates, Chartered Accountants (FRN:122377W), Ahmedabad as the statutory Auditors of the CompanyOrdinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- The Appointment of Anand A. Patel (DIN:00103316) who was appointed as an Additional Director of the Company by board of Directors w.e.f. from 09th August, 2022OrdinaryPromoters have an interest in it98.63% for1.37% against
Against: promoters 0.00% · institutions 99.92% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- To Appointment of Anand A. Patel (DIN:00103316) as Whole time Director of the CompanySpecialPromoters have an interest in it98.68% for1.32% against
Against: promoters 0.00% · institutions 94.65% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- Re-appointment of Mr.Saurin J. Parikh (DIN:02136530) , as an Independent Director of the CompanySpecial99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- Re-appointment of Mr. Mahendra G. Patel( DIN: 00104706) as a Managing Director of The CompanySpecialPromoters have an interest in it99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- Re- appointment Mr. Hashmukh I. Patel [DIN: 00104834],as a whole time Director of the Comapny.SpecialPromoters have an interest in it98.62% for1.38% against
Against: promoters 0.00% · institutions 99.92% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- Re-appointment of Ashish R. Patel (DIN :01309017) As Whole time Director of the CompanySpecialPromoters have an interest in it98.62% for1.38% against
Against: promoters 0.00% · institutions 99.92% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- Re-appointment of Munjal M. Patel (DIN : 02319308) as a whole time Director of the CompanySpecialPromoters have an interest in it98.63% for1.37% against
Against: promoters 0.00% · institutions 99.92% · other public 1.06%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
- Retification of remuneration of M/s. Kiran J. Mehta & Co. Cost Accountants (FRN : 000025) for the Financial year ending on March 31, 2023Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 54.32% · promoters 91.78% · institutions 89.83% · other public 23.99%
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 Sep 2021, 6 resolutions
Present: 12 promoters and 56 others.The company's voting result (opens in a new tab)
Adoption of the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year Ended March 31, 2021 together with the Auditors’ Report thereon and the Report of the Board of Directors of the Company.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.08% · promoters 88.38% · institutions 70.00% · other public 30.77%
- To Declaration of dividend on equity shares for the financial year 2020-2021.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.08% · promoters 88.38% · institutions 70.00% · other public 30.77%
- To appoint a Director in place of Mr. Hashmukh I. Patel [DIN: 00104834], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it99.10% for0.90% against
Against: promoters 0.00% · institutions 100.00% · other public 0.03%
Turnout: all 54.08% · promoters 88.38% · institutions 70.00% · other public 30.77%
- To appoint a Director in place of Mr. Munjal M. Patel [DIN: 02319308], who retires by rotation and being eligible offers himself for re-appointment as a Director.OrdinaryPromoters have an interest in it99.10% for0.90% against
Against: promoters 0.00% · institutions 100.00% · other public 0.02%
Turnout: all 54.08% · promoters 88.38% · institutions 70.00% · other public 30.77%
- Approval of entering into related party transactions under Section 188 of the Companies Act, 2013.OrdinaryPromoters have an interest in it97.89% for2.11% against
Against: promoters 0.00% · institutions 0.00% · other public 2.17%
Turnout: all 18.73% · promoters 0.00% · institutions 70.00% · other public 30.77%
- Ratification of remuneration of M/s. Kiran J. Mehta & Co., Cost Accountants [FRN: 000025] for the Financial Year Ending on March 31, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 54.08% · promoters 88.38% · institutions 70.00% · other public 30.77%
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.
Meeting called by the tribunal, 29 Oct 2020, 1 resolution
Present: 29 promoters and 36 others.The company's voting result (opens in a new tab)
To approve the proposed scheme of amalgamation of Lincoln Parenteral Limited (“Transferor Company”) with Lincoln Pharmaceuticals Limited (“Transferee Company”) and their respective Shareholders and Creditors.MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 55.73% · promoters 88.47% · institutions 0.00% · other public 40.03%
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 30 Sep 2025, 2 fund houses
Adopt the Audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2025 together with the auditors report theron and the report of the board of directors of the Company.MoreLess
2 for0 against- To declare dividend on Equity shares @ Rs. 1.80 (18%) per share for the financial year 2024-25.2 for0 against
- Re-appointment of Mr. Ashish Rajanikant Patel [DIN: 01309017], Director who retires by rotation.2 for0 against
- Re-appointment of Mr. Rajanikant Gulabdas Patel [DIN:00104786], Director who retires by rotation.
Against Bandhan Mutual Fund
- Bandhan Mutual FundRajanikant Gulabdas Patel, 67, promoter, has been on the board since January 1995. He retires by rotation and attended three of five (60%) board meetings in FY25 and five of fifteen (33.3%) meetings over the past three years. We expect directors to attend all board meetings and have a minimum 75% threshold for board meetings over a three-year period prior to their reappointment. We do not support the resolution.
1 for1 against - Re-appointment of Mr. Mahendra G. Patel (DIN: 00104706) as a Managing Director of the Company, for a period of 5 (five) years with effect from October 01, 2025.
Against Bandhan Mutual Fund
- Bandhan Mutual FundMahendra G. Patel, 71, Managing Director, Promoter, has been on the board since 1995. He attended all four of five board meetings in FY25. His remuneration for FY25 was Rs. 5.0 mn – though shareholders at the 2022 AGM approved a basic salary capped at Rs. 15.0 mn and variable up to 4% of profits. His proposed pay , comprises fixed pay : Rs. 18.0 mn (annual increment not exceeding 20%), variable pay up to 4% of the net profits, reimbursement of expenses and bonus. We note, in the past no performance pay and bonus have been paid out, therefore we are unable to ascertain the amounts for the proposed tenure. We also note, remuneration terms for all for promoter executive directors include variable pay upto 4% of profits : which in aggregate is high. Terms also include reimbursement of travelling, board and lodging including for spouse and attendant(s) during business trips without any ceiling. We believe these expenses for are personal in nature and should be borne by the directors themselves. While we support his reappointment, we do not support the proposed remuneration terms. Hence, we do not support the resolution. The company must cap variable pay and disclose performance metrics that govern variable pay must be disclosed.
1 for1 against - Re-appointment of Mr. Hashmukh I. Patel (DIN: 00104834) as a Whole Time Director of the Company for a period of 5 (five) years with effect from October 01, 2025.
Against Bandhan Mutual Fund
- Bandhan Mutual FundHashmukh I. Patel, 66, Promoter, has been on the board since 1995. He attended all five board meetings in FY25. His remuneration for FY25 was Rs. 3.8 mn – though shareholders at the 2022 AGM approved a basic salary capped at Rs. 12.0 mn and variable up to 4% of profits. His proposed pay , comprises fixed pay : Rs. 15.0 mn (annual increment not exceeding 20%), variable pay up to 4% of the net profits, reimbursement of expenses and bonus. We note, in the past no performance pay and bonus have been paid out, therefore we are unable to ascertain the amounts for the proposed tenure. We also note, remuneration terms for all for promoter executive directors include variable pay upto 4% of profits : which in aggregate is high. Terms also include reimbursement of travelling, board and lodging including for spouse and attendant(s) during business trips without any ceiling. We believe these expenses for are personal in nature and should be borne by the directors themselves. While we support his reappointment, we do not support the proposed remuneration terms. Hence, we do not support the resolution. The company must cap variable pay and disclose performance metrics that govern variable pay must be disclosed.
1 for1 against - Re-appointment of Mr. Ashish R. Patel (DIN: 01309017) as a Whole Time Director of the Company for a period of 5 (five) years with effect from November 14, 2025.
Against Bandhan Mutual Fund
- Bandhan Mutual FundAshish R. Patel, 44, part of the promoter group, Whole-Time Director, has been on the board since 2014 and attended all five board meetings in FY25. His remuneration for FY25 was Rs. 6.8 mn – though shareholders at the 2022 AGM approved a basic salary capped at Rs. 12.0 mn and variable up to 4% of profits. His proposed pay , comprises fixed pay : Rs. 15.0 mn (annual increment not exceeding 20%), variable pay up to 4% of the net profits, reimbursement of expenses and bonus. We note, in the past no performance pay and bonus have been paid out, therefore we are unable to ascertain the amounts for the proposed tenure. We also note, remuneration terms for all for promoter executive directors include variable pay upto 4% of profits : which in aggregate is high. Terms also include reimbursement of travelling, board and lodging including for spouse and attendant(s) during business trips without any ceiling. We believe these expenses for are personal in nature and should be borne by the directors themselves. While we support his reappointment, we do not support the proposed remuneration terms. Hence, we do not support the resolution. The company must cap variable pay and disclose performance metrics that govern variable pay must be disclosed.
1 for1 against - Re-appointment of Mr. Munjal M. Patel (DIN: 02319308) as a Whole Time Director of the Company for a period of 5 (five) years with effect from November 14, 2025.
Against Bandhan Mutual Fund
- Bandhan Mutual FundMunjal M. Patel, 53, part of the promoter group, Whole-Time Director, has been on the board since 2014 and attended all five board meetings in FY25. His remuneration for FY25 was Rs. 7.0 mn – though shareholders at the 2022 AGM approved a basic salary capped at Rs. 12.0 mn and variable up to 4% of profits. His proposed pay , comprises fixed pay : Rs. 15.0 mn (annual increment not exceeding 20%), variable pay up to 4% of the net profits, reimbursement of expenses and bonus. We note, in the past no performance pay and bonus have been paid out, therefore we are unable to ascertain the amounts for the proposed tenure. We also note, remuneration terms for all for promoter executive directors include variable pay upto 4% of profits : which in aggregate is high. Terms also include reimbursement of travelling, board and lodging including for spouse and attendant(s) during business trips without any ceiling. We believe these expenses for are personal in nature and should be borne by the directors themselves. While we support his reappointment, we do not support the proposed remuneration terms. Hence, we do not support the resolution. The company must cap variable pay and disclose performance metrics that govern variable pay must be disclosed.
1 for1 against - Ratification of remuneration payable to Kiran J. Mehta & Co., Cost Accountants (FRN: 000025) for the Financial Year ending on March 31, 2026.2 for0 against
To appoint M/s. Ankit Sethi & Associates, Company Secretaries, (Certificate of Practice No:11089), and Peer review No.- 3412/2023 as the Secretarial Auditors of the Company for the first term of 5 (five) consecutive years.MoreLess
2 for0 against
Mutual fund votes, meeting of 30 Sep 2024, 2 fund houses
Adopt the Audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2024 togeatherwith the auditors report theron and the report of the board of directors of the Company.MoreLess
2 for0 against- To Declaration of dividend on equity shares for the financial year 2023-2024.2 for0 against
- To appoint a Director in place of Mr. Munjal M. Patel [DIN: 02319308], who retires by rotation and being eligible offers himself for re-appointment as a Director.2 for0 against
- To appoint a Director in place of Mr. Kishor Meghji Shah [DIN: 02769085], who retires by rotation and being eligible offers himself for re-appointment as a Director.2 for0 against
- Retification of remuneration of M/s. Kiran J. Mehta & Co. Cost Accountants (FRN : 000025) for the Financial year ending on March 31, 20252 for0 against
3 earlier meetings
Mutual fund votes, meeting of 18 May 2024, 1 fund house
- Appointment of Mr. Nareshkumar Suthar (DIN:03261937), as an “Independent Director” of the Company for term of 5 (Five) Years commencing from April 01, 2024 up to March 31, 20291 for0 against
- Appointment of Ms. Seema Mehta (DIN: 10540549), as a “Woman Independent Director” of the Company for term of 5 (Five) Years commencing from April 01, 2024 up to March 31, 2029.1 for0 against
Mutual fund votes, meeting of 30 Sep 2023, 1 fund house
Adopt the audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2023 togeatherwith the auditors report theron and the report of the board of directors of the Company.MoreLess
1 for0 against- To Declaration of dividend on equity shares for the financial year 2022-2023.1 for0 against
- To appoint a Director in place of Mr. RajanikantnGulabdas Patel [DIN: 00104786], who retires by rotation and being eligible offers himself for re-appointment as a Director.1 for0 against
- To appoint a Director in place of Mr. Hashmukh I. Patel [DIN: 00104834], who retires by rotation and being eligible offers himself for re-appointment as a Director.1 for0 against
- Retification of remuneration of M/s. Kiran J. Mehta & Co. Cost Accountants (FRN : 000025) for the Financial year ending on March 31, 20241 for0 against
Mutual fund votes, meeting of 30 Sep 2022, 1 fund house
Adopt the audited Financial Statements (Standalone and consolidated ) of the Company for the Financial year ended 31st March, 2022 togeatherwith the auditors report theron and the report of the board of directors of the Company.MoreLess
1 for0 against- To declare dividend of ₹ 1.50/- (15%) per equity share for the financial year 2021-2022.1 for0 against
- To appoint a Director in place of Mr. Kishor M. Shah [DIN: 02769085], who retires by rotation and being eligible offers himself for re-appointment as a Director.1 for0 against
- To appoint a Director in place of Mr. Ashish R. Patel [DIN: 01309017], who retires by rotation and being eligible offers himself for re-appointment as a Director.1 for0 against
- The Appointment of Samir M. shah and Associates, Chartered Accountants (FRN:122377W), Ahmedabad as the statutory Auditors of the Company1 for0 against
- The Appointment of Anand A. Patel (DIN:00103316) who was appointed as an Additional Director of the Company by board of Directors w.e.f. from 09th August, 20221 for0 against
- To Appointment of Anand A. Patel (DIN:00103316) as Whole time Director of the Company1 for0 against
- Re-appointment of Mr.Saurin J. Parikh (DIN:02136530) , as an Independent Director of the Company1 for0 against
- Re-appointment of Mr. Mahendra G. Patel( DIN: 00104706) as a Managing Director of The Company1 for0 against
- Re- appointment Mr. Hashmukh I. Patel [DIN: 00104834],as a whole time Director of the Comapny.1 for0 against
- Re-appointment of Ashish R. Patel (DIN :01309017) As Whole time Director of the Company1 for0 against
- Re-appointment of Munjal M. Patel (DIN : 02319308) as a whole time Director of the Company1 for0 against
- Retification of remuneration of M/s. Kiran J. Mehta & Co. Cost Accountants (FRN : 000025) for the Financial year ending on March 31, 20231 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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
- 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
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.