LLOYDS ENGINEERING WORKS MD, chairman, board of directors and AGM
NSE: LLOYDSENGGBSE: 539992Industrial ManufacturingSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹87.32.
- 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.
- ₹13,123 Cr653rd 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.
- Earlier quarters restated in the year
- 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 5 May 2026
- 7.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.30%
- 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 6 Aug 2026
- 11.8%
- 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 5 May 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,05,51,25634.1% delivered
LLOYDS ENGINEERING WORKS 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
- ChairpersonMUKESH R GUPTARelated to the promoter
- Company Secretary and Compliance OfficerRahima Shaikh
12 directors8 independent2 executive2 non-executive
- MUKESH R GUPTA · ChairpersonExecutive · joined May 2021 · reappointed May 2024 · 61 months as independent · 2 listed boards
- ASHOK SATYANARAYAN TANDONIndependent · joined Jul 2025 · 11 months as independent · 1 listed board · 1 as independent
- BELA SUNDAR RAJANIndependent · joined Aug 2016 · 118 months as independent · 1 listed board · 1 as independent · 2 committee seats
- RAJASHEKHAR MALIKARJUN ALEGAVINon-executive · joined Oct 2018 · 92 months as independent · 1 listed board
- LAKSHMAN ANANTHSUBRAMANIANIndependent · joined Jan 2020 · 77 months as independent · 1 listed board · 1 as independent · 2 committee seats
- KISHOR KUMAR MOHANLAL PRADHANIndependent · joined Sep 2020 · reappointed Jul 2021 · 59 months as independent · 1 listed board · 1 as independent
- DEVIDAS KAMBALEIndependent · joined Mar 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent
- SHREEKRISHNA GUPTAExecutive · joined Mar 2024 · 28 months as independent · 1 listed board
- ALKA UPADHAYIndependent · joined Jul 2025 · reappointed Aug 2025 · 10 months as independent · 1 listed board · 1 as independent
- VINAY KUMAR TRIPATHIIndependent · joined Feb 2026 · reappointed Mar 2026 · 5 months as independent · 1 listed board · 1 as independent
- APURVA CHANDRAIndependent · joined Feb 2026 · reappointed Mar 2026 · 5 months as independent · 6 listed boards · 6 as independent
- BALASUBRAMANIAN PRABHAKARANNon-executive · joined Feb 2026 · reappointed Mar 2026 · 5 months as independent · 2 listed boards
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.
1 director who left
- ASHOK KUMAR SHARMA, left 1 Jul 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 18 Jun 202612 of 12 present8 independent · 43 days in between
- 5 May 202612 of 12 present8 independent · 89 days in between
- 4 Feb 20269 of 9 present6 independent
Audit Committee
Chair KISHOR KUMAR MOHANLAL PRADHAN
LAKSHMAN ANANTHSUBRAMANIAN, BELA SUNDAR RAJAN
- 5 May 20263 of 3 present3 independent
- 4 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair LAKSHMAN ANANTHSUBRAMANIAN
ASHOK SATYANARAYAN TANDON, BELA SUNDAR RAJAN
- 18 Jun 20263 of 3 present3 independent · 43 days in between
- 5 May 20263 of 3 present3 independent · 89 days in between
- 4 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair ASHOK SATYANARAYAN TANDON
BELA SUNDAR RAJAN, LAKSHMAN ANANTHSUBRAMANIAN
No meeting listed in the filing.
Risk Management Committee
Chair RAJASHEKHAR MALIKARJUN ALEGAVI
KISHOR KUMAR MOHANLAL PRADHAN, DEVIDAS KAMBALE, KALPESH PRAKASH AGRAWAL
- 15 Jun 20263 of 3 present3 independent · 160 days in between
- 5 Jan 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair MUKESH R GUPTA
KISHOR KUMAR MOHANLAL PRADHAN, DEVIDAS KAMBALE
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S Y Lodha and AssociatesPeer-review certificate valid to Jul 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
LLOYDS ENGINEERING WORKS 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.LLOYDS ENGINEERING WORKS dividend history
Meeting called by the tribunal, 16 Oct 2026
1,012 shareholders on the register on 31 Mar 2026; present: 0 promoters and 60 others; votes counted by Harshvardhan Tarkas / Harshvardhan Tarkas.The company's voting result (opens in a new tab)
To approve the Scheme of Merger by Absorption of Lloyds Infrastructure and Construction Limited, Metalfab Hightech Private Limited, Techno Industries Private Limited with Lloyds Engineering Works Limited and its respective shareholders.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.54% · promoters 0.00% · institutions 0.00% · other public 72.54%
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, 25 Sep 2026, 4 resolutions
4,28,787 shareholders on the register on 21 Aug 2026; votes counted by Harshvardhan Tarkas / Harshvardhan Tarkas.The company's voting result (opens in a new tab)
To approve Material Related Party Transaction(s) Limits between Lloyds Metals and Energy Limited (“LMEL”) and Techno Industries Private Limited (“TIPL”) (TIPL being the Material Subsidiary of the Company).MoreLess
OrdinaryPromoters have an interest in it99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.79% · promoters 0.00% · institutions 73.59% · other public 34.17%
To approve Material Related Party Transaction(s) Limits between Lloyds Metals and Energy Limited (“LMEL”) and Metalfab Hightech Private Limited (“MHPL”) (MHPL being the Material Subsidiary of the Company).MoreLess
OrdinaryPromoters have an interest in it99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 20.79% · promoters 0.00% · institutions 73.59% · other public 34.17%
- To consider and approve the variation in the objects of the Rights Issue mentioned in the Letter of Offer dated April 19, 2025Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 62.79% · promoters 100.00% · institutions 73.59% · other public 34.17%
- To consider and approve the Increase in the ESOP Pool under the Employee Stock Option Scheme 2021Special97.87% for2.13% against
Against: promoters 0.00% · institutions 73.12% · other public 0.09%
Turnout: all 62.79% · promoters 100.00% · institutions 73.59% · other public 34.17%
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, 21 Aug 2026, 9 resolutions
4,29,886 shareholders on the register on 14 Aug 2026; present: 4 promoters and 70 others; votes counted by Harshvardhan Tarkas / Harshvardhan Tarkas.The company's voting result (opens in a new tab)
To receive, consider, approve and adopt the Audited Financial Statements (including Audited Standalone and Consolidated Financial Statements) for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.80% for0.20% againstAgainst: promoters 0.00% · institutions 7.05% · other public 0.00%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
To declare final dividend on Equity Shares on face value Re.1 each/- for the Financial Year ended 31 st and March, 2026 as follows: a) 25% dividend on fully paid-up shares . b) 12.50% dividend on partly paid-up shares (on proportionate basis).MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
To appoint a director in place of Mr. Rajashekhar Mallikarjun Alegavi (DIN - 03584302), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
Ordinary99.65% for0.35% againstAgainst: promoters 0.00% · institutions 12.20% · other public 0.00%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
- TO APPROVE PAYMENT OF TECHNICAL CONSULTANCY CHARGES OR FEES TO NONEXECUTIVE DIRECTOR OF THE COMPANY AS PER REGULATION 17(6)(A) OF SEBI (LODR) REGULATIONS, 2015.Special99.65% for0.35% against
Against: promoters 0.00% · institutions 12.16% · other public 0.00%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
- TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) LIMITS WITH LLOYDS METALS AND ENERGY LIMITED (LMEL).OrdinaryPromoters have an interest in it99.41% for0.59% against
Against: promoters 0.00% · institutions 7.06% · other public 0.00%
Turnout: all 21.67% · promoters 0.00% · institutions 73.74% · other public 35.76%
- TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) WITH LLOYDS ENTERPRISES LIMITED.OrdinaryPromoters have an interest in it99.41% for0.59% against
Against: promoters 0.00% · institutions 7.06% · other public 0.00%
Turnout: all 21.67% · promoters 0.00% · institutions 73.74% · other public 35.76%
- INCREASE IN THRESHOLD OF LOANS OR GUARANTEES, PROVIDING OF SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER SECTION 186 OF THE COMPANIES ACT, 2013.Special97.18% for2.82% against
Against: promoters 0.00% · institutions 99.42% · other public 0.01%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
- INCREASE IN BORROWING LIMITS UNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013.Special99.19% for0.81% against
Against: promoters 0.00% · institutions 28.30% · other public 0.01%
Turnout: all 63.67% · promoters 100.00% · institutions 73.74% · other public 35.76%
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.
Extraordinary general meeting, 15 Jul 2026, 2 resolutions
4,26,824 shareholders on the register on 8 Jul 2026; present: 8 promoters and 72 others; votes counted by Harshvardhan Tarkas / HARSHVARDHAN TARKAS.The company's voting result (opens in a new tab)
- Acquisition of controlling stake in Steel Infra Solutions Company Limited by way of swap of Equity Shares through Preferential Allotment i.e. for Consideration other than Cash.Special99.79% for0.21% against
Against: promoters 0.00% · institutions 7.79% · other public 0.01%
Turnout: all 63.07% · promoters 100.00% · institutions 71.58% · other public 34.27%
- Issue of Equity Shares on Preferential basis for Cash consideration.Special99.79% for0.21% against
Against: promoters 0.00% · institutions 7.79% · other public 0.01%
Turnout: all 63.07% · promoters 100.00% · institutions 71.58% · other public 34.27%
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.
Extraordinary general meeting, 27 Mar 2026, 5 resolutions
4,21,580 shareholders on the register on 20 Mar 2026; present: 5 promoters and 60 others; votes counted by MEHUL RAVAL / MEHUL RAVAL.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. VINAY KUMAR TRIPATHI (DIN: 09463988) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.Special99.70% for0.30% against
Against: promoters 0.00% · institutions 0.00% · other public 1.96%
Turnout: all 54.82% · promoters 100.00% · institutions 81.75% · other public 15.68%
- UTILISATION OF UNUTILISED RIGHTS ISSUE PROCEEDS BEYOND MARCH 31, 2026.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 54.82% · promoters 100.00% · institutions 81.75% · other public 15.68%
- APPOINTMENT OF MR. APURVA CHANDRA (DIN 02531655) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.Special99.59% for0.41% against
Against: promoters 0.00% · institutions 3.09% · other public 1.96%
Turnout: all 54.82% · promoters 100.00% · institutions 81.75% · other public 15.68%
- APPOINTMENT OF MR. BALASUBRAMANIAN PRABHAKARAN (DIN 01428366) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION.Special99.69% for0.31% against
Against: promoters 0.00% · institutions 8.27% · other public 0.02%
Turnout: all 54.82% · promoters 100.00% · institutions 81.75% · other public 15.68%
REAPPOINTMENT OF MR. KISHOR KUMAR MOHANLAL PRADHAN (DIN:02749508) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR A SECOND TERM OF FIVE YEARS (5) CONSECUTIVE YEARS, IN TERMS OF SECTION 149 OF THE COMPANIES ACT, 2013.MoreLess
SpecialPromoters have an interest in it96.86% for3.14% againstAgainst: promoters 0.00% · institutions 77.63% · other public 1.96%
Turnout: all 54.83% · promoters 100.00% · institutions 81.75% · other public 15.68%
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, 21 Aug 2025, 15 resolutions
4,80,067 shareholders on the register on 14 Aug 2025; present: 4 promoters and 92 others; votes counted by Mehul Raval / Mehul Raval.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year (F.Y) ended March 31, 2025 together with the Report of the Board of Directors and the Auditors thereon.MoreLess
OrdinaryPromoters have an interest in it99.95% for0.05% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 65.60% · promoters 100.00% · institutions 68.74% · other public 26.98%
- To declare final dividend for the Financial Year ended 31st March, 2025:OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
To appoint a director in place of Mr. Rajashekhar Mallikarjun Alegavi (DIN - 03584302), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it98.93% for1.07% againstAgainst: promoters 0.00% · institutions 34.45% · other public 0.27%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
- To ratify the remuneration of Cost Auditors for the financial year ending 31st March, 2026.OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
To approve the payment of Technical Consultancy Charges / Fees to Non-Executive Director of the Company as per Regulation 17(6)(A) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
SpecialPromoters have an interest in it99.69% for0.31% againstAgainst: promoters 0.00% · institutions 8.86% · other public 0.27%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
- To approve Material Related Party Transaction(s) limits with Lloyds Metals and Energy Limited (“LMEL”).Ordinary99.69% for0.31% against
Against: promoters 0.00% · institutions 8.86% · other public 0.26%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
- To Approve and amend Material Related Party Transaction(S) with Lloyds Enterprises LimitedOrdinary99.74% for0.26% against
Against: promoters 0.00% · institutions 6.95% · other public 0.26%
Turnout: all 65.60% · promoters 100.00% · institutions 68.74% · other public 26.98%
- Increase in threshold of Loans/ Guarantees, providing of Securities and making of Investments in Securities under section 186 of the companies act, 2013.SpecialPromoters have an interest in it97.50% for2.50% against
Against: promoters 0.00% · institutions 82.73% · other public 0.26%
Turnout: all 65.59% · promoters 100.00% · institutions 68.57% · other public 26.98%
- Appointment of M/S. Mitesh Shah & Co., Company Secretaries as Secretarial Auditor of the Company for a period of five (5) consecutive years.OrdinaryPromoters have an interest in it99.75% for0.25% against
Against: promoters 0.00% · institutions 6.95% · other public 0.25%
Turnout: all 65.60% · promoters 100.00% · institutions 68.74% · other public 26.98%
- Appointment of Mrs. Alka Upadhyay (DIN: 11165427) as an Independent Director of the Company:SpecialPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 65.59% · promoters 100.00% · institutions 68.74% · other public 26.97%
- Appointment of Mr. Ashok Tandon (DIN:00028301) as an Independent Director of the CompanySpecialPromoters have an interest in it99.19% for0.81% against
Against: promoters 0.00% · institutions 25.77% · other public 0.26%
Turnout: all 65.64% · promoters 100.00% · institutions 68.57% · other public 27.08%
- To approve Material Related Party Transaction(S) with Metalfab Hightech Private Limited, Material Subsidiary of the CompanyOrdinary99.74% for0.26% against
Against: promoters 0.00% · institutions 6.95% · other public 0.26%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
- To approve Material Related Party Transaction (s) With Lloyds Infinite FoundationOrdinary99.75% for0.25% against
Against: promoters 0.00% · institutions 6.96% · other public 0.26%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
To approve the Continuation of Directorship of Mr. Rajashekhar Mallikarjun Alegavi (DIN - 03584302) as a Non-Executive Director of the Company in terms of Regulation 17(1a) of the Securities and Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.MoreLess
SpecialPromoters have an interest in it98.94% for1.06% againstAgainst: promoters 0.00% · institutions 34.06% · other public 0.26%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
- To approve Material Related Party Transaction(S) with Lloyds Infrastructure and Construction Limited (“LICL”)Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 6.96% · other public 0.26%
Turnout: all 65.64% · promoters 100.00% · institutions 68.74% · other public 27.08%
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.
Extraordinary general meeting, 29 Aug 2024, 7 resolutions
Present: 8 promoters and 44 others.The company's voting result (opens in a new tab)
- Increase in Authorized Share Capital of the Company and consequent Alteration in Capital Clause of the Memorandum of Association of the Company.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 1.32% · other public 0.13%
Turnout: all 65.96% · promoters 99.99% · institutions 66.50% · other public 17.56%
- Acquisition of Controlling Stake in Techno Industries Private Limited by way of swap of Equity Shares through Preferential AllotmentSpecial99.86% for0.14% against
Against: promoters 0.00% · institutions 5.14% · other public 0.13%
Turnout: all 64.83% · promoters 99.99% · institutions 66.50% · other public 16.83%
- TO APPROVE CHANGE IN MAIN OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 65.96% · promoters 99.99% · institutions 66.50% · other public 17.56%
- INCREASE IN THRESHOLD OF LOANS/ GUARANTEES, PROVIDING OF SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER SECTION 186 OF THE COMPANIES ACT, 2013.Special97.51% for2.49% against
Against: promoters 0.00% · institutions 98.95% · other public 0.14%
Turnout: all 65.96% · promoters 99.99% · institutions 66.50% · other public 17.56%
- INCREASE IN BORROWING LIMITS UNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013Special99.45% for0.55% against
Against: promoters 0.00% · institutions 21.38% · other public 0.16%
Turnout: all 65.96% · promoters 99.99% · institutions 66.50% · other public 17.56%
- TO APPROVE AND AMEND MATERIAL RELATED PARTY TRANSACTION(S) LIMITS WITH LLOYDS METALS AND ENERGY LIMITED (“LMEL”).Ordinary98.29% for1.71% against
Against: promoters 0.00% · institutions 8.40% · other public 0.15%
Turnout: all 8.72% · promoters 0.00% · institutions 66.50% · other public 17.56%
- TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) WITH LLOYDS ENTERPRISES LIMITED {(FORMERLY KNOWN AS SHREE GLOBAL TRADEFIN LIMITED (‘SGTL’)}.Ordinary98.91% for1.09% against
Against: promoters 0.00% · institutions 5.14% · other public 0.14%
Turnout: all 8.72% · promoters 0.00% · institutions 66.50% · other public 17.56%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Jul 2024, 10 resolutions
Present: 7 promoters and 37 others.The company's voting result (opens in a new tab)
- TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2024 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREONOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
- TO DECLARE 20% DIVIDEND ON EQUITY SHARES FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2024.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
TO APPOINT A DIRECTOR IN PLACE OF MR. RAJASHEKHAR MALLIKARJUN ALEGAVI (DIN -03584302), WHO RETIRES BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AND BEING ELIGIBLE,OFFERS HIMSELF FOR RE-APPOINTMENT.MoreLess
Ordinary99.73% for0.27% againstAgainst: promoters 0.00% · institutions 3.00% · other public 0.38%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2025.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
TO APPROVE THE DIRECTORSHIP OF MR. RAJASHEKHAR MALLIKARJUN ALEGAVI (DIN - 03584302) AS A NONEXECUTIVE DIRECTOR OF THE COMPANY IN TERMS OF REGULATION 17(1A) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.MoreLess
Special99.90% for0.10% againstAgainst: promoters 0.00% · institutions 0.93% · other public 0.40%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
- TO APPROVE PAYMENT OF TECHNICAL CONSULTANCY CHARGES/FEES TO NON-EXECUTIVE DIRECTORS OF THE COMPANY AS PER REGULATION 17(6)(A) OF SEBI (LODR) REGULATIONS, 2015.Special91.88% for8.12% against
Against: promoters 0.00% · institutions 95.08% · other public 0.59%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
TO APPROVE THE DIRECTORSHIP OF MR. DEVIDAS KASHINATH KAMBALE (DIN: 00020656) AS A NONEXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY IN TERMS OF REGULATION 17(1A) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSUREMoreLess
Special99.49% for0.51% againstAgainst: promoters 0.00% · institutions 5.70% · other public 0.53%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
- RE-APPOINTMENT OF MR. LAKSHMAN ANANTHSUBRAMANIAN (DIN: 08648489) AS AN INDEPENDENT DIRECTOR FOR A SECOND TERM OF FIVE YEARS, IN TERMS OF SECTION 149 OF THE COMPANIES ACT, 2013.Special99.67% for0.33% against
Against: promoters 0.00% · institutions 3.63% · other public 0.53%
Turnout: all 18.50% · promoters 28.24% · institutions 69.04% · other public 1.86%
- TO APPROVE AND AMEND MATERIAL RELATED PARTY TRANSACTION(S) LIMITS WITH LLOYDS METALS AND ENERGY LIMITED (“LMEL”)OrdinaryPromoters have an interest in it32.20% for67.80% against
Against: promoters 0.00% · institutions 99.99% · other public 0.53%
Turnout: all 2.33% · promoters 0.00% · institutions 69.04% · other public 1.86%
- TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) WITH LLOYDS ENTERPRISES LIMITED {FORMERLY KNOWN AS SHREE GLOBAL TRADEFIN LIMITED (‘SGTL’) }OrdinaryPromoters have an interest in it32.20% for67.80% against
Against: promoters 0.00% · institutions 99.99% · other public 0.53%
Turnout: all 2.33% · promoters 0.00% · institutions 69.04% · other public 1.86%
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 25 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
To approve Material Related Party Transaction(s) Limits between Lloyds Metals and Energy Limited (“LMEL”) and Techno Industries Private Limited (“TIPL”) (TIPL being the Material Subsidiary of the Company).MoreLess
1 for0 againstTo approve Material Related Party Transaction(s) Limits between Lloyds Metals and Energy Limited (“LMEL”) and Metalfab Hightech Private Limited (“MHPL”) (MHPL being the Material Subsidiary of the Company).MoreLess
1 for0 against- To consider and approve the variation in the objects of the Rights Issue mentioned in the Letter of Offer dated April 19, 20251 for0 against
- To consider and approve the Increase in the ESOP Pool under the Employee Stock Option Scheme 2021
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance Concern: Proposed scheme provides a broad range of vesting periods, which may lead to exercise of excessive discretion by the Board or the Compensation Committee.
0 for1 against
Mutual fund votes, meeting of 21 Aug 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider, approve and adopt the Audited Financial Statements (including Audited Standalone and Consolidated Financial Statements) for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundNon-disclosure of financial statements of the Subsidiary Companies for FY 2025-26 on the Company’s website.
0 for1 againstTo declare final dividend on Equity Shares on face value Re.1 each/- for the Financial Year ended 31 st and March, 2026 as follows: a) 25% dividend on fully paid-up shares . b) 12.50% dividend on partly paid-up shares (on proportionate basis).MoreLess
1 for0 againstTo appoint a director in place of Mr. Rajashekhar Mallikarjun Alegavi (DIN - 03584302), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundRe-appointment proposed via Ordinary Resolution for director beyond the age of 75 years.
0 for1 against- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2026.1 for0 against
- TO APPROVE PAYMENT OF TECHNICAL CONSULTANCY CHARGES OR FEES TO NONEXECUTIVE DIRECTOR OF THE COMPANY AS PER REGULATION 17(6)(A) OF SEBI (LODR) REGULATIONS, 2015.
Against Angel One Mutual Fund
- Angel One Mutual FundShareholders approval not sought for payment of remuneration payable in the capacity of ‘office of profit’.
0 for1 against - TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) LIMITS WITH LLOYDS METALS AND ENERGY LIMITED (LMEL).
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Proposed Related Party Transaction limits are significantly higher than the actual transactions during previous financial year; the Company has not provided adequate justification for significant shift in the proposed limits.
0 for1 against - TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) WITH LLOYDS ENTERPRISES LIMITED.
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Inadequate Justification as to how the proposed Related Party Transactions benefits the Company. Proposed Related Party Transaction limits are significantly higher than the actual transactions during previous financial year; the Company has not provided adequate justification for significant shift in the proposed limits. Ambiguity with regards to how these transactions are classified as OCOB.
0 for1 against - INCREASE IN THRESHOLD OF LOANS OR GUARANTEES, PROVIDING OF SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER SECTION 186 OF THE COMPANIES ACT, 2013.
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Lack of adequate justifications & disclosure as Company has not provided details of recipients. Umbrella approval to cover any person/entity in the proposed limit.
0 for1 against
1 proposal not matched to one resolution
To borrow money, as and when required, from, including without limitation, any Bank and/ or other Financial Institution and/or foreign lender and/or anybody corporate/ entity/ entities and/or authority/authorities, either in rupees or in such other foreign currencies as may be permitted by law from time to time, as may be deemed appropriate by the Board for an aggregate amount not exceeding a sum of Rs. 5,000 Crore, notwithstanding that money so borrowed together with the monies already borrowed by the Company, if any (apart from temporary loans obtained from the Companys bankers in the ordinary course of business) may exceed the aggregate of the paid-up share capital of the Company and its free reserves.MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance & Transparency concern: Majority of the existing borrowing limit is unutilized, and no specific reason/ justification provided for the proposed increase when the existing limit is significantly unutilized.
0 for1 against
5 earlier meetings
Mutual fund votes, meeting of 15 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
- Acquisition of controlling stake in Steel Infra Solutions Company Limited by way of swap of Equity Shares through Preferential Allotment i.e. for Consideration other than Cash.
Against Angel One Mutual Fund
- Angel One Mutual FundTransparency Concern: Lack of specific justification for the proposed preferential issue. Interlinked with the resolution #1 on account of transparency concern.
0 for1 against - Issue of Equity Shares on Preferential basis for Cash consideration.
Against Angel One Mutual Fund
- Angel One Mutual FundTransparency concern: The Company has not adequately justified the rationale for undertaking the acquisition along with an LLP in which one of the Company's Directors is a designated partner. The notice is also silent on the Director's relationship with the LLP, despite said LLP being a co-acquirer in the transaction. Hence, shareholders are not provided sufficient information to evaluate the governance implications of the proposed structure. Further, the Company has not disclosed how the Board considered and mitigated the potential conflict of interest arising from the involvement of the said Director in the transaction.
0 for1 against
Mutual fund votes, meeting of 27 Mar 2026, 5 fund houses
- APPOINTMENT OF MR. VINAY KUMAR TRIPATHI (DIN: 09463988) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.5 for0 against
- UTILISATION OF UNUTILISED RIGHTS ISSUE PROCEEDS BEYOND MARCH 31, 2026.5 for0 against
- APPOINTMENT OF MR. APURVA CHANDRA (DIN 02531655) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.5 for0 against
- APPOINTMENT OF MR. BALASUBRAMANIAN PRABHAKARAN (DIN 01428366) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Director holds 2 full time positions in Companies not having holding-subsidiary relationship and engaged in unrelated business.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. No concern on the merits of the director. Governance Concern: Director holds 2 full time positions in Companies not having holding-subsidiary relationship and engaged in unrelated business.
1 for4 against REAPPOINTMENT OF MR. KISHOR KUMAR MOHANLAL PRADHAN (DIN:02749508) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY FOR A SECOND TERM OF FIVE YEARS (5) CONSECUTIVE YEARS, IN TERMS OF SECTION 149 OF THE COMPANIES ACT, 2013.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Proposed re-appointment for five years would lead to total association of more than 10 years.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on merit of the appointee. Governance Concern: Proposed re-appointment for five years would lead to total association of more than 10 years.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
0 for5 against
Mutual fund votes, meeting of 21 Aug 2025, 5 fund houses
To consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year (F.Y) ended March 31, 2025 together with the Report of the Board of Directors and the Auditors thereon.MoreLess
5 for0 against- To declare final dividend for the Financial Year ended 31st March, 2025:5 for0 against
To appoint a director in place of Mr. Rajashekhar Mallikarjun Alegavi (DIN - 03584302), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
5 for0 against- To ratify the remuneration of Cost Auditors for the financial year ending 31st March, 2026.5 for0 against
To approve the payment of Technical Consultancy Charges / Fees to Non-Executive Director of the Company as per Regulation 17(6)(A) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundShareholders approval not sought for payment of remuneration payable in the capacity of ‘office of profit’.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with Section 188(1) of the Companies Act: Shareholders approval not sought for payment of remuneration payable in the capacity of ‘office of profit’.
1 for4 against- To approve Material Related Party Transaction(s) limits with Lloyds Metals and Energy Limited (“LMEL”).
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Basis for Arm’s Length pricing not disclosed.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing not disclosed.
1 for4 against - To Approve and amend Material Related Party Transaction(S) with Lloyds Enterprises Limited
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Basis for Arm’s Length pricing not disclosed. Transparency Concern: Justification not provided for significant shift in limits of proposed Related Party Transactions.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing not disclosed. Transparency Concern: Justification not provided for significant shift in limits of proposed RPTs.
1 for4 against - Increase in threshold of Loans/ Guarantees, providing of Securities and making of Investments in Securities under section 186 of the companies act, 2013.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Inadequate disclosures with regards to the particulars of the proposed loans/investments/ guarantees/ securities to be undertaken by the Company i.e. Blanket approval without adequate disclosures; Limit is disproportionate to net-worth and assets base of the Company.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Inadequate disclosures w.r.t. the particulars of the proposed loans/ investments/ guarantees/ securities to be undertaken by the Company i.e. Blanket approval without adequate disclosures; Limit is disproportionate to net-worth and assets base of the Company.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
0 for5 against - Appointment of M/S. Mitesh Shah & Co., Company Secretaries as Secretarial Auditor of the Company for a period of five (5) consecutive years.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundProposed audit fee payable to Secretarial Auditors not disclosed in the Notice. Transparency Concern: Audit fee of incoming & outgoing Auditors not disclosed, hence, shareholders cannot ascertain if there exists material change in the Audit fee proposed or not.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo issues on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR, 2015: Proposed audit fee payable to Secretarial Auditors not disclosed in the Notice. Transparency Concern: Audit fee of incoming & outgoing Auditors not disclosed, hence, shareholders cannot ascertain if there exists material change in the Audit fee proposed or not.
1 for4 against - Appointment of Mrs. Alka Upadhyay (DIN: 11165427) as an Independent Director of the Company:5 for0 against
- Appointment of Mr. Ashok Tandon (DIN:00028301) as an Independent Director of the Company
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Past Employment and Executive Position in the Company; Cooling off period of 3 years not served between Non-Executive Director to Independent Director; Prolonged Association with the Company; Board is non-compliant with requisite number of retiring Directors and Mr. Tandon is an Nomination & Remuneration Committee member. Transparency Concern: No clarity on whether proposed appointee holds non-independent position in group company.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Past Employment and Executive Position in the Company; Cooling off period of 3 years not served between NED to ID; Prolonged Association with the Company; Board is non-compliant with requisite number of retiring Directors as required under Section 152 of the Companies Act and Mr. Tandon is an NRC member. Transparency Concern: No clarity on whether proposed appointee holds non-independent position in group company.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
0 for5 against - To approve Material Related Party Transaction(S) with Metalfab Hightech Private Limited, Material Subsidiary of the Company
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Basis for Arm’s Length pricing not disclosed.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing not disclosed.
1 for4 against - To approve Material Related Party Transaction (s) With Lloyds Infinite Foundation
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Basis for Arm’s Length pricing not disclosed. Transparency Concern: Justification not provided for significant shift in limits of proposed Related Party Transactions.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing not disclosed. Transparency Concern: Justification not provided for significant shift in limits of proposed RPTs.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
0 for5 against To approve the Continuation of Directorship of Mr. Rajashekhar Mallikarjun Alegavi (DIN - 03584302) as a Non-Executive Director of the Company in terms of Regulation 17(1a) of the Securities and Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.MoreLess
5 for0 against- To approve Material Related Party Transaction(S) with Lloyds Infrastructure and Construction Limited (“LICL”)
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance Concern: Basis for Arm’s Length pricing not disclosed.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Basis for Arm’s Length pricing not disclosed.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
0 for5 against
Mutual fund votes, meeting of 29 Aug 2024, 3 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Increase in Authorized Share Capital of the Company and consequent Alteration in Capital Clause of the Memorandum of Association of the Company.3 for0 against
- Acquisition of Controlling Stake in Techno Industries Private Limited by way of swap of Equity Shares through Preferential Allotment
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency Concern: Valuation report cannot be located.
0 for3 against - TO APPROVE CHANGE IN MAIN OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.3 for0 against
- INCREASE IN THRESHOLD OF LOANS/ GUARANTEES, PROVIDING OF SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER SECTION 186 OF THE COMPANIES ACT, 2013.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Blanket approval proposed without adequate disclosures.
0 for3 against - TO APPROVE AND AMEND MATERIAL RELATED PARTY TRANSACTION(S) LIMITS WITH LLOYDS METALS AND ENERGY LIMITED (“LMEL”).
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundTechnical Non-Compliance: Partial Approval – Approval not obtained from transactions from 1st April, 2024 till 29th August, 2024. Governance Concern: Basis for Arm’s Length pricing not disclosed. Transparency / Disclosure Concern: Justification not provided for significant increase in proposed transactions.
0 for3 against - TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) WITH LLOYDS ENTERPRISES LIMITED {(FORMERLY KNOWN AS SHREE GLOBAL TRADEFIN LIMITED (‘SGTL’)}.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundTechnical Non-Compliance: Partial Approval – Approval not obtained from transactions from 1st April, 2024 till 29th August, 2024. Governance Concern: Basis for Arm’s Length pricing not disclosed.
0 for3 against
1 proposal not matched to one resolution
To borrow money, as and when required, from, including without limitation, any Bank and/ or other Financial Institution and/or foreign lender and/ or anybody corporate/ entity/ entities and/ or authority/authorities, either in rupees or in such other foreign currencies as may be permitted by law from time to time, as may be deemed appropriate by the Board for an aggregate amount not exceeding a sum of Rs. 1000,00,00,000 notwithstanding that money so borrowed together with the monies already borrowed by the Company, if any (apart from temporary loans obtained from the Company’s bankers in the ordinary course of business) may exceed the aggregate of the paid-up share capital of the Company and its free reserves.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Significant portion of the existing limit is unutilized and generic justification for proposed increase.
0 for3 against
Mutual fund votes, meeting of 26 Jul 2024, 3 fund houses
- TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2024 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON3 for0 against
- TO DECLARE 20% DIVIDEND ON EQUITY SHARES FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2024.3 for0 against
TO APPOINT A DIRECTOR IN PLACE OF MR. RAJASHEKHAR MALLIKARJUN ALEGAVI (DIN -03584302), WHO RETIRES BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AND BEING ELIGIBLE,OFFERS HIMSELF FOR RE-APPOINTMENT.MoreLess
3 for0 against- TO RATIFY THE REMUNERATION OF COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2025.3 for0 against
TO APPROVE THE DIRECTORSHIP OF MR. RAJASHEKHAR MALLIKARJUN ALEGAVI (DIN - 03584302) AS A NONEXECUTIVE DIRECTOR OF THE COMPANY IN TERMS OF REGULATION 17(1A) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.MoreLess
3 for0 against- TO APPROVE PAYMENT OF TECHNICAL CONSULTANCY CHARGES/FEES TO NON-EXECUTIVE DIRECTORS OF THE COMPANY AS PER REGULATION 17(6)(A) OF SEBI (LODR) REGULATIONS, 2015.3 for0 against
TO APPROVE THE DIRECTORSHIP OF MR. DEVIDAS KASHINATH KAMBALE (DIN: 00020656) AS A NONEXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY IN TERMS OF REGULATION 17(1A) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSUREMoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Prolonged association with the promoter group.
0 for3 against- RE-APPOINTMENT OF MR. LAKSHMAN ANANTHSUBRAMANIAN (DIN: 08648489) AS AN INDEPENDENT DIRECTOR FOR A SECOND TERM OF FIVE YEARS, IN TERMS OF SECTION 149 OF THE COMPANIES ACT, 2013.3 for0 against
- TO APPROVE AND AMEND MATERIAL RELATED PARTY TRANSACTION(S) LIMITS WITH LLOYDS METALS AND ENERGY LIMITED (“LMEL”)
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliance with SEBI Circular: Omnibus approval of RPTs proposed without specifying term / tenure / duration. Transparency Concern: No clarity with regards to obtaining prior approval of shareholders.
0 for3 against - TO APPROVE MATERIAL RELATED PARTY TRANSACTION(S) WITH LLOYDS ENTERPRISES LIMITED {FORMERLY KNOWN AS SHREE GLOBAL TRADEFIN LIMITED (‘SGTL’) }
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliance with SEBI Circular: Omnibus approval of RPTs proposed without specifying term / tenure / duration. Transparency Concern: No clarity with regards to obtaining prior approval of shareholders.
0 for3 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
- Yes
- 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.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesJun 2025, checked by India Ratings & Research Private Limited | 493.62 | The Board of Directors at its meeting held today | 493.62 | 487.59 | No |