Maharashtra Scooters logo

Maharashtra Scooters MD, chairman, board of directors and AGM

NSE: MAHSCOOTERBSE: 500266FinanceSmall Cap

Last close ₹11,862.00down ₹420.00 (3.42%)BSE ₹11,839.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹12,282.00.

52-week range of traded prices to 23 Oct 2026
₹10,901.00Low, 2 Apr 2026₹17,273.00High, 23 Oct 2025
Market cap
₹13,557 Cr433rd largest listed
P/E
44.5
P/B
0.4
Dividend yield
1.85%
ROE
0.9%
ROCE
1.0%
Debt to equity
0.00
Volume, NSE
5,73453.3% delivered

Maharashtra Scooters 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

  • ChairpersonSanjivnayan Rahulkumar BajajRelated to the promoter
  • Company SecretarySaurabh Erande

6 directors3 independent2 executive1 non-executive

  • Sanjivnayan Rahulkumar Bajaj · ChairpersonNon-executive · joined Oct 2006 · reappointed Oct 2006 · 6 listed boards · 5 committee seats
  • Jasmine Arish ChaneyIndependent · joined Jul 2024 · reappointed Jul 2024 · 27 months as independent · 2 listed boards · 2 as independent · 2 committee seats
  • Mayur Gajanan PatwardhanIndependent · joined Oct 2024 · reappointed Oct 2024 · 24 months as independent · 1 listed board · 1 as independent · 3 committee seats, 3 as chair
  • Mayur Chandrakant ChokshiIndependent · joined Oct 2024 · reappointed Oct 2024 · 24 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair
  • Rajagopalan VExecutive · joined Jul 2019 · reappointed Aug 2025 · 1 listed board · 1 committee seat
  • Ravikumar SrinivasanExecutive · joined Oct 2024 · reappointed Aug 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.

2 directors who left
  • Yogesh J Shah, left 12 Oct 2024: Tenure Completion
  • Nareshkumar B Patni, left 12 Oct 2024: Tenure Completion

Committees and meetings

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

  • Board

    • 15 Sep 20266 of 6 present3 independent · 47 days in between
    • 29 Jul 20266 of 6 present3 independent · 97 days in between
    • 22 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair Mayur Gajanan Patwardhan

    Jasmine Arish Chaney, Mayur Chandrakant Chokshi

    • 29 Jul 20263 of 3 present3 independent · 97 days in between
    • 22 Apr 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair Mayur Chandrakant Chokshi

    Mayur Gajanan Patwardhan, Jasmine Arish Chaney

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Mayur Gajanan Patwardhan

    Sanjivnayan Rahulkumar Bajaj, Rajagopalan V

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Mayur Chandrakant Chokshi

    Jasmine Arish Chaney, Ravikumar Srinivasan

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Mayur Gajanan Patwardhan

    Sanjivnayan Rahulkumar Bajaj, Ravikumar Srinivasan

    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 Sep 2026.

  • KKC & Associates LLPPeer-review certificate valid to Jul 2027

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.

Maharashtra Scooters 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.Maharashtra Scooters dividend history

Postal ballot, 27 Sep 2026

26,011 shareholders on the register on 21 Aug 2026; votes counted by Sachin Bhagwat / Sachin Bhagwat.The company's voting result (opens in a new tab)

  1. Approval for change of name of the Company and consequential alterations to the Memorandum of Association (‘MOA’) and Articles of Association (‘AOA’) of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 61.79% · promoters 100.00% · institutions 88.02% · other public 5.04%

  2. Approval for change of object clause and consequential alterations to the Memorandum of Association (‘MOA’) of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 61.79% · promoters 100.00% · institutions 88.02% · other public 5.04%

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 Jul 2026, 3 resolutions

25,287 shareholders on the register on 22 Jul 2026; present: 1 promoter and 90 others; votes counted by Sachin Bhagwat / Sachin Bhagwat.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2026, together with the Directors’ and Auditors’
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 60.03% · promoters 100.00% · institutions 87.26% · other public 0.67%

  2. To declare a final dividend of Rs. 60 per equity share of face value of Rs.10 each for the financial year ended 31 March 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 60.07% · promoters 100.00% · institutions 87.72% · other public 0.67%

  3. To appoint a director in place of Ravikumar Srinivasan (DIN: 09345490), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 (‘the Act’) and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 2.45% · other public 5.22%

    Turnout: all 60.07% · promoters 100.00% · institutions 87.72% · other public 0.67%

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, 8 Oct 2025, 2 resolutions

25,629 shareholders on the register on 22 Aug 2025; votes counted by Sachin Bhagwat / Sachin Bhagwat.The company's voting result (opens in a new tab)

  1. Appointment of V Rajagopalan (DIN: 02997795) as a Joint Managing Director of the Company for a period of five consecutive years with effect from 1 August 2025
    Special
    99.68% for0.32% against

    Against: promoters 0.00% · institutions 2.34% · other public 0.63%

    Turnout: all 60.46% · promoters 100.00% · institutions 80.38% · other public 4.48%

  2. Appointment of S Ravikumar (DIN: 09345490) as Joint Managing Director of the Company for a period of five years with effect from 1 August 2025
    Special
    99.67% for0.33% against

    Against: promoters 0.00% · institutions 2.34% · other public 1.14%

    Turnout: all 60.46% · promoters 100.00% · institutions 80.38% · other public 4.48%

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 Jul 2025, 4 resolutions

25,763 shareholders on the register on 16 Jul 2025; present: 1 promoter and 97 others; votes counted by Shyamprasad D. Limaye / Shyamprasad D. Limaye.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2025, together with the Directors’ and Auditors’ Reports thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.06% · other public 0.00%

    Turnout: all 60.01% · promoters 100.00% · institutions 91.91% · other public 0.86%

  2. To declare a final dividend of Rs. 60 per equity share (which includes a special dividend of Rs. 30 per equity share) of face value of Rs. 10 each for the financial year ended 31 March 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 60.01% · promoters 100.00% · institutions 91.94% · other public 0.86%

  3. ORDINARY - To appoint a director in place of V Rajagopalan (DIN: 02997795), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 1.13% · other public 0.00%

    Turnout: all 60.01% · promoters 100.00% · institutions 91.94% · other public 0.86%

  4. To appoint DVD & Associates, Practising Company Secretaries as Secretarial Auditor of the Company for a term of five consecutive years
    OrdinaryPromoters have an interest in it
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 1.81% · other public 0.02%

    Turnout: all 60.01% · promoters 100.00% · institutions 91.94% · other public 0.86%

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.

Postal ballot, 2 Jul 2025, 1 resolution

26,023 shareholders on the register on 23 May 2025; votes counted by SHYAMPRASAD D. LIMAYE / SHYAMPRASAD D. LIMAYE.The company's voting result (opens in a new tab)

  1. Continuation of Sanjivnayan Rahulkumar Bajaj (DIN: 00014615) as a Non-Executive, Non-Independent Director of the Company beyond 19 July 2025.
    Ordinary
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 3.98% · other public 0.02%

    Turnout: all 63.24% · promoters 100.00% · institutions 78.75% · other public 12.20%

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 Oct 2024, 3 resolutions

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

  1. Appointment of Mayur Gajanan Patwardhan (DIN: 07539410) as an Independent Director of the Company for a term of five consecutive years w.e.f. 1 October 2024
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.38%

    Turnout: all 60.56% · promoters 100.00% · institutions 92.88% · other public 0.50%

  2. Appointment of Mayur Chandrakant Chokshi (DIN 01238535) as an Independent Director of the Company for a term of five consecutive years w.e.f. 1 October 2024
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.27%

    Turnout: all 60.56% · promoters 100.00% · institutions 92.88% · other public 0.50%

  3. Appointment of Ravikumar Srinivasan (DIN 09345490) as a Non-Executive, Non-Independent Director of the Company, liable to retire by rotation w.e.f. 1 October 2024
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.18% · other public 5.40%

    Turnout: all 60.56% · promoters 100.00% · institutions 92.88% · other public 0.50%

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

Annual general meeting, 22 Jul 2024, 4 resolutions

Present: 1 promoter and 93 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2024, together with the Directors’ and Auditors’ Reports thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.18% · promoters 100.00% · institutions 93.80% · other public 7.25%

  2. To declare a dividend of Rs. 60 per equity share of face value of Rs. 10 each for the financial year ended 31 March 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.18% · promoters 100.00% · institutions 93.83% · other public 7.25%

  3. To appoint a director in place of Anish Amin (DIN: 00070679), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    Ordinary
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 1.16% · other public 0.02%

    Turnout: all 63.18% · promoters 100.00% · institutions 93.83% · other public 7.25%

  4. Appointment of Jasmine Arish Chaney (DIN: 07082359) as a Non-Executive, Independent Director of the Company for a term of five consecutive years with effect from 24 July 2024.
    Special
    100.00% for0.00% against

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

    Turnout: all 63.18% · promoters 100.00% · institutions 93.83% · other public 7.25%

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, 24 Jul 2023, 3 resolutions

Present: 1 promoter and 101 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2023, together with the Directors’ and Auditors’ Reports thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.88% · promoters 100.00% · institutions 63.39% · other public 0.38%

  2. To declare a dividend of Rs. 60 per equity share of face value of Rs. 10, for the financial year ended 31 March 2023.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.88% · promoters 100.00% · institutions 63.42% · other public 0.38%

  3. To appoint a director in place of V Rajagopalan (DIN: 02997795), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 1.05% · other public 0.14%

    Turnout: all 56.88% · promoters 100.00% · institutions 63.42% · other public 0.38%

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 27 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Approval for change of name of the Company and consequential alterations to the Memorandum of Association (‘MOA’) and Articles of Association (‘AOA’) of the Company
    1 for0 against
  • Approval for change of object clause and consequential alterations to the Memorandum of Association (‘MOA’) of the Company
    1 for0 against

Mutual fund votes, meeting of 29 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2026, together with the Directors’ and Auditors’
    1 for0 against
  • To declare a final dividend of Rs. 60 per equity share of face value of Rs.10 each for the financial year ended 31 March 2026.
    1 for0 against
  • To appoint a director in place of Ravikumar Srinivasan (DIN: 09345490), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 (‘the Act’) and being eligible, offers himself for re-appointment.MoreLess
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Director holds 2 full-time positions in Companies not engaged in related business, and none of them holds a substantial stake in the other company; hence, excessive time commitments.
    0 for1 against
6 earlier meetings

Mutual fund votes, meeting of 8 Oct 2025, 11 fund houses

  • Appointment of V Rajagopalan (DIN: 02997795) as a Joint Managing Director of the Company for a period of five consecutive years with effect from 1 August 2025
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Excessive time commitments in the form of two full-time positions.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Excessive time commitments in the form of two full-time positions.
    • Jio BlackRock Mutual FundV. Rajagopalan, 69, is a Chartered Accountant and currently serves as President- Legal and Taxation at Bajaj Finserv Limited. He also heads the Bajaj Group’s new business initiatives in financial services. He has been on the board since 25 July 2019 in the capacity of Non-Executive Non-Independent Director. He attended all seven (100%) board meetings held in FY25. We estimate V. Rajagopalan’s FY26 remuneration from Maharashtra Scooters Limited at Rs. 1.4 mn, which is reasonable for the size and complexity of business and in line with peers. We raise concern that V. Rajagopalan currently holds a full-time position at Bajaj Finserv Limited in the capacity of President – Legal & Taxation: the rationale for his appointment as Joint Managing Director on the board of an unrelated investment company is unclear. We do not support professionals holding multiple executive positions unless there is a parent-subsidiary relationship (closely linked entities). His appointment does not align with our guidelines. We do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    5 for6 against
  • Appointment of S Ravikumar (DIN: 09345490) as Joint Managing Director of the Company for a period of five years with effect from 1 August 2025
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Excessive time commitments in the form of two full-time positions.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Excessive time commitments in the form of two full-time positions.
    • Jio BlackRock Mutual FundS Ravikumar, 68, is the Chief Business Development Officer of Bajaj Auto Limited. He has been associated with Bajaj Auto Limited since 1984 in various finance and business development roles. He is a Chartered Accountant. He has been on the board since 1 October 2024 in the capacity of Non-Executive Non-Independent Director. He attended all four (100%) board meetings held during his tenure in FY25. We estimate S Ravikumar’s FY26 remuneration from Maharashtra Scooters Limited at Rs. 1.4 mn, which is reasonable for the size and complexity of business and in line with peers. We raise concern that S Ravikumar currently holds a full-time position at Bajaj Auto Limited in the capacity of Chief Business Development Officer: the rationale for his appointment as Joint Managing Director on the board of an unrelated investment company is unclear. We do not support professionals holding multiple executive positions unless there is a parent-subsidiary relationship (closely linked entities). His appointment does not align with our guidelines. We do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    5 for6 against

Mutual fund votes, meeting of 23 Jul 2025, 10 fund houses

  • To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2025, together with the Directors’ and Auditors’ Reports thereon
    10 for0 against
  • To declare a final dividend of Rs. 60 per equity share (which includes a special dividend of Rs. 30 per equity share) of face value of Rs. 10 each for the financial year ended 31 March 2025.
    10 for0 against
  • ORDINARY - To appoint a director in place of V Rajagopalan (DIN: 02997795), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
    10 for0 against
  • To appoint DVD & Associates, Practising Company Secretaries as Secretarial Auditor of the Company for a term of five consecutive years
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundTransparency Concern: The Company neither disclosed the Audit Fee paid to Outgoing Secretarial Auditor nor any material change in the proposed audit fee.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency Concern: The Company neither disclosed the Audit Fee paid to Outgoing Secretarial Auditor nor any material change in the proposed audit fee.
    6 for4 against

Mutual fund votes, meeting of 2 Jul 2025, 8 fund houses

  • Continuation of Sanjivnayan Rahulkumar Bajaj (DIN: 00014615) as a Non-Executive, Non-Independent Director of the Company beyond 19 July 2025.
    8 for0 against

Mutual fund votes, meeting of 25 Oct 2024, 3 fund houses

  • Appointment of Mayur Gajanan Patwardhan (DIN: 07539410) as an Independent Director of the Company for a term of five consecutive years w.e.f. 1 October 2024
    3 for0 against
  • Appointment of Mayur Chandrakant Chokshi (DIN 01238535) as an Independent Director of the Company for a term of five consecutive years w.e.f. 1 October 2024
    3 for0 against
  • Appointment of Ravikumar Srinivasan (DIN 09345490) as a Non-Executive, Non-Independent Director of the Company, liable to retire by rotation w.e.f. 1 October 2024
    3 for0 against

Mutual fund votes, meeting of 22 Jul 2024, 3 fund houses

  • To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2024, together with the Directors’ and Auditors’ Reports thereon.
    3 for0 against
  • To declare a dividend of Rs. 60 per equity share of face value of Rs. 10 each for the financial year ended 31 March 2024.
    3 for0 against
  • To appoint a director in place of Anish Amin (DIN: 00070679), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    3 for0 against
  • Appointment of Jasmine Arish Chaney (DIN: 07082359) as a Non-Executive, Independent Director of the Company for a term of five consecutive years with effect from 24 July 2024.
    3 for0 against

Mutual fund votes, meeting of 24 Jul 2023, 4 fund houses

  • To consider and adopt the audited financial statements of the Company for the financial year ended 31 March 2023, together with the Directors’ and Auditors’ Reports thereon.
    4 for0 against
  • To declare a dividend of Rs. 60 per equity share of face value of Rs. 10, for the financial year ended 31 March 2023.
    4 for0 against
  • To appoint a director in place of V Rajagopalan (DIN: 02997795), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    4 for0 against

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

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyJt. Commissioner of State Tax (Appeals) KolhapurSince 21 Sep 2026

    Orders passed under Bombay Sales Tax Act and Central Sales Tax Act recalculating the liability for FY 2001-02 and 2002-03

    1. Sale of certain items not considered eligible for sales tax deferral scheme and demand raised of Rs.1,66,48,760/-. 2. Above demand includes interest amounting to Rs.75,31,082/- and penalty to the tune of Rs.25,26,197/-MoreLess
  • Fine or penaltyDeputy Commissioner of Income Tax, PuneSince 25 Aug 2026

    Order passed under Section 154 of Income tax Act 1961 ("the Act)

    1. The order seeks to consider disallowance under Section 14 A of the Act while computing the taxable income as per Section 115JB of the Act. This resulted into demand of Rs.34,60,426/-. 2. No penalty is levied in the orerMoreLess
  • Tax disputeDeputy Commisioner of Income Tax, PuneSince 25 Aug 2026
    Appeal is filed before National Faceless Appeal Centre - CIT(A). Hearing is awaited.
  • Tax disputeJt. Commissioner of State Tax (Appeals) KolhapurSince 21 Sep 2026
    Application for rectification of order is filed. Hearing for the same is awaited
  • Tax disputeDeputy Commissioner of Income-tax, Circle 8, PuneSince 20 Feb 2026
    Hearing is adjourned
    At the filing before: Appeal filed with Income Tax Appellate Tribunal, Pune against the order under Section 250(CIT(A) dated 20 Feb 2026

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 2 complaints open, quarter to Jun 2025.
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
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.