Share price at the NSE close on 23 Oct 2026. Previous close ₹1,006.40.
- 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.
- ₹96,241 Cr118th 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 24 Jul 2026
- 23.3
- 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 24 Apr 2026
- 4.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.44%
- 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 24 Jul 2026
- 19.0%
- 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 24 Jul 2026
- 16.5%
- 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 24 Apr 2026
- 0.42
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 18,19,62249.8% delivered
Lodha Developers board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonMukund Chitale
- Managing directorAbhishek Lodha
- Company Secretary and Compliance OfficerSanjyot Rangnekar
9 directors5 independent3 executive1 non-executive
- Mukund Chitale · ChairpersonIndependent · joined Nov 2016 · reappointed Sep 2021 · 118 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
- Abhishek Lodha · Managing directorExecutive · joined Mar 2016 · reappointed Mar 2023 · 1 listed board
- Rajinder Pal SinghNon-executive · joined Jan 2016 · 2 listed boards · 1 as independent · 3 committee seats, 2 as chair
- Lee PolisanoIndependent · joined Jul 2021 · reappointed Jul 2026 · 62 months as independent · 1 listed board · 1 as independent
- Rajeev BakshiIndependent · joined Jun 2022 · reappointed Jun 2022 · 51 months as independent · 3 listed boards · 3 as independent · 4 committee seats
- Harita GuptaIndependent · joined Sep 2022 · reappointed Sep 2022 · 48 months as independent · 3 listed boards · 3 as independent · 8 committee seats, 1 as chair
- Akhil Kumar GuptaIndependent · joined Apr 2026 · reappointed Apr 2026 · 5 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
- Shaishav DhariaExecutive · joined Jun 2024 · 1 listed board
- Sushil Kumar ModiExecutive · joined Jan 2025 · 1 listed board
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
- Rajendra Lodha, left 17 Aug 2025: Others
- Raunika Malhotra, left 25 Jun 2025: Tenure Completion
- Ashwani Kumar, left 7 Apr 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Jul 20268 of 9 present5 independent · 23 days in between
- 30 Jun 20268 of 9 present4 independent · 32 days in between
- 28 May 20267 of 9 present4 independent · 33 days in between
- 24 Apr 20269 of 9 present5 independent
Audit Committee
Chair Mukund Chitale
Rajeev Bakshi, Harita Gupta, Akhil Kumar Gupta
- 17 Sep 20264 of 4 present4 independent · 54 days in between
- 24 Jul 20263 of 3 present3 independent · 23 days in between
- 30 Jun 20263 of 3 present3 independent · 66 days in between
- 24 Apr 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Rajeev Bakshi
Harita Gupta, Rajinder Pal Singh
- 30 Jun 20263 of 3 present2 independent · 32 days in between
- 28 May 20263 of 3 present2 independent · 33 days in between
- 24 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Rajinder Pal Singh
Harita Gupta, Rajeev Bakshi
No meeting listed in the filing.
Risk Management Committee
Chair Rajinder Pal Singh
Abhishek Lodha, Mukund Chitale, Sanjay Chauhan
- 17 Sep 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Harita Gupta
Rajinder Pal Singh, Lee Polisano
- 24 Apr 20263 of 3 present2 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.
- MSKA & Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
- MSKA & Associates, Chartered AccountantsNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Lodha Developers 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.Lodha Developers dividend history
Meeting called by the tribunal, 9 Oct 2026
1,42,208 shareholders on the register on 2 Oct 2026; present: 7 promoters and 52 others; votes counted by Ms. Dipika Shetty / M/s. Dipika S. Shetty & Company.The company's voting result (opens in a new tab)
Approve Scheme of Merger by Absorption of Roselabs Finance Limited ('First Transferor Company') and National Standard (India) Limited ('Second Transferor Company') with Lodha Developers Limited ('Transferee Company') and their respective shareholders and creditorsMoreLess
Special99.95% for0.05% againstAgainst: promoters 0.00% · institutions 0.18% · other public 0.04%
Turnout: all 94.36% · promoters 100.00% · institutions 85.98% · other public 4.91%
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, 14 Aug 2026, 6 resolutions
1,41,461 shareholders on the register on 7 Aug 2026; present: 6 promoters and 57 others; votes counted by Ashish Garg / GDR & PARTNERS LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board and the Auditors thereon; b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Auditors thereon;MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 93.87% · promoters 100.00% · institutions 83.54% · other public 9.84%
- To declare final dividend of ₹ 4.25 per equity share of face value ₹ 10 each, for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 93.96% · promoters 100.00% · institutions 83.86% · other public 9.84%
- To appoint a director in place of Mr. Shaishav Dharia (DIN: 06405078), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.59% for0.41% against
Against: promoters 0.00% · institutions 1.65% · other public 0.04%
Turnout: all 93.85% · promoters 100.00% · institutions 83.86% · other public 3.69%
- Appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as the Statutory Auditors of the Company.Ordinary99.75% for0.25% against
Against: promoters 0.00% · institutions 1.00% · other public 0.01%
Turnout: all 93.96% · promoters 100.00% · institutions 83.86% · other public 9.84%
- Continuation of Mr. Rajinder Pal Singh (DIN: 02943155) as a Non-Executive, Non-Independent Director, after attaining the age of 75 years, for a period of three years.Special96.28% for3.72% against
Against: promoters 0.00% · institutions 14.87% · other public 0.02%
Turnout: all 93.96% · promoters 100.00% · institutions 83.86% · other public 9.84%
- Ratification of the remuneration of the Cost Auditor, for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 93.96% · promoters 100.00% · institutions 83.86% · other public 9.84%
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, 28 May 2026, 2 resolutions
1,59,889 shareholders on the register on 24 Apr 2026; votes counted by SHRAVAN A GUPTA / SHRAVAN A GUPTA & ASSOCIATES.The company's voting result (opens in a new tab)
- Appointment of Mr. Akhil Gupta (DIN: 00028728) as an Independent Director of the CompanySpecial99.88% for0.12% against
Against: promoters 0.00% · institutions 0.54% · other public 0.01%
Turnout: all 93.93% · promoters 100.00% · institutions 83.67% · other public 10.03%
- Re-appointment of Mr. Lee Polisano (DIN: 09254797) as an Independent Director of the Company for a second termSpecial95.82% for4.18% against
Against: promoters 0.00% · institutions 18.31% · other public 0.03%
Turnout: all 93.93% · promoters 100.00% · institutions 83.67% · other public 10.03%
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.
Annual general meeting, 29 Aug 2025, 5 resolutions
1,10,285 shareholders on the register on 22 Aug 2025; present: 0 promoters and 56 others; votes counted by Shravan Gupta / Shravan A. Gupta & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the financial year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 94.59% · promoters 100.00% · institutions 83.83% · other public 8.35%
- To declare final dividend of ₹ 4.25 per equity share for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 94.64% · promoters 100.00% · institutions 84.02% · other public 8.35%
- To appoint a director in place of Mr. Rajinder Pal Singh (DIN: 02943155), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary97.96% for2.04% against
Against: promoters 0.00% · institutions 8.52% · other public 0.00%
Turnout: all 94.64% · promoters 100.00% · institutions 84.02% · other public 8.35%
- Approve appointment of GDR & Partners LLP, Practicing Company Secretaries as Secretarial Auditors of the CompanyOrdinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.27% · other public 0.00%
Turnout: all 94.64% · promoters 100.00% · institutions 84.02% · other public 8.35%
- Ratification of remuneration to Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 94.63% · promoters 100.00% · institutions 83.98% · other public 8.35%
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, 31 May 2025, 1 resolution
1,03,394 shareholders on the register on 25 Apr 2025; votes counted by SHRAVAN A GUPTA / SHRAVAN A GUPTA & ASSOCIATES.The company's voting result (opens in a new tab)
- APPROVE CHANGE OF NAME OF THE COMPANY AND CONSEQUENT ALTERATION IN MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.01% · other public 0.64%
Turnout: all 94.75% · promoters 100.00% · institutions 84.32% · other public 1.85%
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, 27 Feb 2025, 1 resolution
1,05,716 shareholders on the register on 24 Jan 2025; votes counted by Shravan A Gupta / Shravan A Gupta & Associates.The company's voting result (opens in a new tab)
- Appointment of Mr Sushil Kumar Modi (DIN: 07793713) as a Whole-time DirectorSpecial92.23% for7.77% against
Against: promoters 0.00% · institutions 31.23% · other public 0.47%
Turnout: all 95.86% · promoters 100.00% · institutions 88.43% · other public 2.45%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Aug 2024, 5 resolutions
Present: 5 promoters and 91 others.The company's voting result (opens in a new tab)
To receive, consider and adoptna. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon; andnb. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereon.MoreLess
Ordinary99.78% for0.22% againstAgainst: promoters 0.00% · institutions 0.92% · other public 0.00%
Turnout: all 94.56% · promoters 100.00% · institutions 82.61% · other public 15.16%
- To declare final dividend of Rs. 2.25 per equity share for the financial year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 94.62% · promoters 100.00% · institutions 82.83% · other public 15.16%
- To appoint a director in place of Mr. Rajendra Lodha (DIN: 00370053) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.61% for0.39% against
Against: promoters 0.00% · institutions 1.66% · other public 0.00%
Turnout: all 94.62% · promoters 100.00% · institutions 82.83% · other public 15.16%
- Appointment of Mr Shaishav Dharian(DIN: 06405078) as a Whole-time DirectorSpecial87.56% for12.44% against
Against: promoters 0.00% · institutions 52.56% · other public 0.00%
Turnout: all 94.51% · promoters 100.00% · institutions 82.83% · other public 2.51%
- Ratification of remuneration to Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 94.61% · promoters 100.00% · institutions 82.80% · other public 15.16%
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.
Postal ballot, 29 Feb 2024, 1 resolution
The company's voting result (opens in a new tab)
- TO APPROVE RAISING OF FUNDS AND ISSUANCE OF SECURITIES BY THE COMPANYSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.25% · other public 0.03%
Turnout: all 94.35% · promoters 100.00% · institutions 79.30% · other public 22.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 14 Aug 2026, 12 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board and the Auditors thereon; b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Auditors thereon;MoreLess
12 for0 against- To declare final dividend of ₹ 4.25 per equity share of face value ₹ 10 each, for the financial year ended March 31, 2026.12 for0 against
- To appoint a director in place of Mr. Shaishav Dharia (DIN: 06405078), who retires by rotation and being eligible, offers himself for re-appointment.12 for0 against
- Appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as the Statutory Auditors of the Company.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance concern: No justification for the material change in proposed Audit fee in case of appointment as proposed audit fee is ~36% higher comparative to the fees paid to outgoing Auditors previously.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of Statutory Auditors. Governance concern: No justification for the material change in proposed Audit fee in case of appointment as proposed audit fee is ~36% higher comparative to the fees paid to outgoing Auditors previously.
9 for3 against - Continuation of Mr. Rajinder Pal Singh (DIN: 02943155) as a Non-Executive, Non-Independent Director, after attaining the age of 75 years, for a period of three years.12 for0 against
- Ratification of the remuneration of the Cost Auditor, for the financial year 2026-27.12 for0 against
Mutual fund votes, meeting of 28 May 2026, 34 fund houses
- Appointment of Mr. Akhil Gupta (DIN: 00028728) as an Independent Director of the Company34 for0 against
- Re-appointment of Mr. Lee Polisano (DIN: 09254797) as an Independent Director of the Company for a second term
Against Bank of India Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Unifi Mutual Fund
- Bank of India Mutual Fund, Jio BlackRock Mutual Fund, Unifi Mutual FundLee Polisano, 74, is the Founding Partner and President of PLP Architecture (UK). He has over 45 years of experience and is internationally recognized for his architecture and urbandesign work. He is a Fellow of the American Institute of Architects (FAIA) and a member of the Royal Institute of British Architects (RIBA). He has served on the board as an Independent Director since July 2021 and has attended nine out of ten meetings held in FY26(90%) and six out of seven meetings in FY25 (86%). The company obtained consultancy services aggregating Rs. 5.0 mn from PLP Architecture in FY25. Given the inherent conflict of interest, we do not consider Lee Polisano as an Independent Director. Accordingly, we do not support this resolution.
- Invesco Mutual FundLee Polisano, 74, is the Founding Partner and President of PLP Architecture (UK). He has over 45 years of experience and is internationally recognized for his architecture and urban design work. He is a Fellow of the American Institute of Architects (FAIA) and a member of the Royal Institute of British Architects (RIBA). He has served on the board as an Independent Director since July 2021 and has attended nine out of ten meetings held in FY26 (90%) and six out of seven meetings in FY25 (86%). The company obtained consultancy services aggregating Rs. 5.0 mn from PLP Architecture in FY25. Given the inherent conflict of interest, we do not consider Lee Polisano as an Independent Director. Accordingly, we do not support this resolution. This is in line with our ESG framework.
30 for4 against
5 earlier meetings
Mutual fund votes, meeting of 29 Aug 2025, 27 fund houses
To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the financial year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereonMoreLess
27 for0 against- To declare final dividend of ₹ 4.25 per equity share for the financial year ended March 31, 202527 for0 against
- To appoint a director in place of Mr. Rajinder Pal Singh (DIN: 02943155), who retires by rotation and being eligible, offers himself for re-appointment27 for0 against
- Approve appointment of GDR & Partners LLP, Practicing Company Secretaries as Secretarial Auditors of the Company
Against Edelweiss Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance & Transparency Concern: No justification for the material change in the proposed Audit fee as the proposed audit fee is ~150% higher comparatively to fees paid to outgoing auditor.
26 for1 against - Ratification of remuneration to Cost Auditor27 for0 against
Mutual fund votes, meeting of 31 May 2025, 21 fund houses
- APPROVE CHANGE OF NAME OF THE COMPANY AND CONSEQUENT ALTERATION IN MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY21 for0 against
Mutual fund votes, meeting of 27 Feb 2025, 22 fund houses
- Appointment of Mr Sushil Kumar Modi (DIN: 07793713) as a Whole-time Director
Against Invesco Mutual Fund
- Invesco Mutual FundSushil Kumar Modi, 51, has been the Chief Financial Officer (CFO) of Macrotech Developers Limited since June 2020. As CFO (not on the board), he received Rs. 121.0 mn as remuneration (including fair value of ESOPs) in FY24. However, we are unable to estimate his overall remuneration as Whole Time Director as the variable pay, perquisites and other benefits including ESOPs will be paid at the discretion of the board. There is no guidance provided on the quantum of ESOPs he may be granted over his tenure, and no absolute cap (including ESOPs) has been defined for variable pay. Further, there is no disclosure on the performance metrics that govern his variable pay. While we support his appointment on the board, we do not support his remuneration terms. We do not support the resolution
21 for1 against
Mutual fund votes, meeting of 23 Aug 2024, 18 fund houses
To receive, consider and adoptna. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon; andnb. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereon.MoreLess
18 for0 against- To declare final dividend of Rs. 2.25 per equity share for the financial year ended March 31, 2024.18 for0 against
- To appoint a director in place of Mr. Rajendra Lodha (DIN: 00370053) who retires by rotation and being eligible, offers himself for re-appointment.18 for0 against
- Appointment of Mr Shaishav Dharian(DIN: 06405078) as a Whole-time Director
Against Axis Mutual Fund, Edelweiss Mutual Fund, Mirae Asset Mutual Fund
- Axis Mutual FundShaishav Dharia, 50, is designated as Director – Lodha Green Digital Infrastructure and CEO- Extended Eastern Suburbs & Rental Assets. He holds a bachelor’s degree in mechanical engineering from the University of Mumbai, an MBA from the Booth School of Business, University of Chicago and a master’s degree in science (industrial engineering) from Georgia Institute of Technology, Atlanta. Prior to joining Lodha in 2010, he was an Associate Principal at McKinsey & Company and served as a Manager at KPMG Consulting in their consumer and industrial markets. His fixed remuneration is capped at Rs. 70.0 mn. The overall remuneration cannot be determined as the variable pay, perquisites (which includes ESOPs) and benefits will be paid at the discretion of the board. There is no track record of previous payouts, and no absolute cap has been defined for variable pay. Further, there is no disclosure on the performance metrics that govern his variable pay. While we support his appointment, we do not support his remuneration terms.
- Edelweiss Mutual FundMultiple resolutions merged into one
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
15 for3 against - Ratification of remuneration to Cost Auditors18 for0 against
Mutual fund votes, meeting of 29 Feb 2024, 15 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- TO APPROVE RAISING OF FUNDS AND ISSUANCE OF SECURITIES BY THE COMPANY2 for0 against
1 proposal not matched to one resolution
To create, offer, issue and allot such number of equity shares, eligible securities, other security or instruments including fully/partly convertible debentures/preference shares, securities convertible into equity shares/preference shares, global depository receipts (the GDRs), American depository receipts (the ADRs), foreign currency convertible bonds (the FCCBs), or a composite issue of non-convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares (instruments listed above collectively with the equity shares to be hereinafter referred to as the Securities) or any combination of Securities (including with provisions for reservations on firm and/ or competitive basis for such part of issue and for such categories of persons as may be permitted), for cash, whether with or without premium, whether partly or fully paid, to be subscribed to in Indian and/or any foreign currency(ies), for an aggregate amount up to Rs. 50 billion.MoreLess
13 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtBellissimo Infratech Private Limited (Formerly known as Solidrise Realty Private Limited)Since 1 Sep 2026
20.00% bought in the quarter; holding 100.00%, from 80.00%
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.