MindTree (Delisted) MD, chairman, board of directors and AGM

BSE: 532819IT - Software

Formerly MindTree Consulting

Last traded ₹3,433.85 on 22 Nov 2022

Delisted on 31 Mar 2023.

MindTree 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.MindTree share news and announcements

Meeting called by the tribunal, 26 Aug 2022

Present: 1 promoter and 54 others.The company's voting result (opens in a new tab)

  1. To consider and if thought fit, approving the proposed scheme of amalgamation and arrangement amongst Larsen & Toubro Infotech Limited (Transferee Company) and Mindtree Limited (Transferor Company) and their respective shareholders and CreditorsMoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.65%

    Turnout: all 83.57% · promoters 100.00% · institutions 86.85% · other public 10.95%

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, 13 Jul 2022, 5 resolutions

Present: 1 promoter and 66 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 together with Reports of the Board of Directors and Auditors thereon and Audited Consolidated Financial Statements and the reports of the Auditors thereon for the financial year ended March 31, 2022MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 82.12% · promoters 100.00% · institutions 87.25% · other public 1.70%

  2. To confirm the payment of Interim dividend of Rs. 10/- per equity share, and to declare a Final dividend of Rs. 27/- per equity share of Rs. 10/- each for the Financial Year 2021-22
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.16% · promoters 100.00% · institutions 87.45% · other public 1.70%

  3. To appoint a Director in place of Mr. Venugopal Lambu (DIN 08840898), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.46% · other public 0.16%

    Turnout: all 82.16% · promoters 100.00% · institutions 87.44% · other public 1.70%

  4. To appoint a Director in place of Mr. A. M. Naik (DIN 00001514), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    98.97% for1.03% against

    Against: promoters 0.00% · institutions 4.03% · other public 0.58%

    Turnout: all 82.15% · promoters 100.00% · institutions 87.40% · other public 1.70%

  5. Re-appointment of Mr. A.M.Naik (DIN: 00001514) as Non-Executive Director
    Special
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 3.84% · other public 10.43%

    Turnout: all 82.15% · promoters 100.00% · institutions 87.40% · other public 1.70%

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, 13 Jul 2021, 6 resolutions

Present: 1 promoter and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Standalone Financial Statements and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2021 together with Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.87% · promoters 100.00% · institutions 82.03% · other public 6.22%

  2. To confirm the payment of Interim dividend of Rs.7.50/- per equity share, and to declare a Final dividend of Rs.17.50/- per equity share of Rs.10/- each for the Financial Year 2020-21.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.04% · other public 0.00%

    Turnout: all 83.03% · promoters 100.00% · institutions 82.68% · other public 6.22%

  3. To appoint a Director in place of Mr. Sekharipuram Narayanan Subrahmanyan (DIN: 02255382), Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    97.48% for2.52% against

    Against: promoters 0.00% · institutions 10.02% · other public 0.15%

    Turnout: all 82.58% · promoters 100.00% · institutions 80.89% · other public 6.22%

  4. To appoint a Director in place of Mr. Ramamurthi Shankar Raman (DIN: 00019798), Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    96.72% for3.28% against

    Against: promoters 0.00% · institutions 10.07% · other public 74.51%

    Turnout: all 82.58% · promoters 100.00% · institutions 80.89% · other public 6.22%

  5. To re-appoint Mr. Bijou Kurien (DIN:01802995) as an Independent Director
    Special
    98.35% for1.65% against

    Against: promoters 0.00% · institutions 3.55% · other public 75.11%

    Turnout: all 82.58% · promoters 100.00% · institutions 80.89% · other public 6.22%

  6. To re-appoint Mr. Akshaya Bhargava (DIN:01874792) as an Independent Director
    Special
    97.21% for2.79% against

    Against: promoters 0.00% · institutions 8.13% · other public 74.92%

    Turnout: all 82.58% · promoters 100.00% · institutions 80.89% · other public 6.22%

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, 22 May 2021, 4 resolutions

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

  1. Mindtree Employee Stock Option Plan 2021(ESOP 2021) for the issue of upto 20,00,000 options (including the unutilized options under the Mindtree Employee Restricted Stock Purchase Plan 2012 (ESPS/ERSP Plan 2012) to employees of the CompanyMoreLess
    Special
    84.77% for15.23% against

    Against: promoters 0.00% · institutions 63.72% · other public 0.38%

    Turnout: all 82.25% · promoters 100.00% · institutions 78.87% · other public 11.19%

  2. Grant of employee stock options to the employees of subsidiary company (ies) under Mindtree Employee Stock Option Plan 2021
    Special
    84.05% for15.95% against

    Against: promoters 0.00% · institutions 61.09% · other public 47.07%

    Turnout: all 83.09% · promoters 100.00% · institutions 82.26% · other public 11.19%

  3. Grant of loan to the Mindtree Employee Welfare Trust
    Special
    85.00% for15.00% against

    Against: promoters 0.00% · institutions 53.62% · other public 93.83%

    Turnout: all 83.09% · promoters 100.00% · institutions 82.26% · other public 11.19%

  4. Amendments in the ‘Mindtree Employee Restricted Stock Purchase Plan 2012'
    Special
    86.50% for13.50% against

    Against: promoters 0.00% · institutions 51.11% · other public 47.44%

    Turnout: all 83.09% · promoters 100.00% · institutions 82.26% · other public 11.18%

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

Postal ballot, 10 Dec 2020, 3 resolutions

Present: 1 promoter and 703 others.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Dayapatra Nevatia (DIN 03557975) as Executive Director and Chief Operating Officer¿ Ordinary Resolution
    Ordinary
    92.27% for7.73% against

    Against: promoters 0.00% · institutions 36.04% · other public 5.11%

    Turnout: all 77.73% · promoters 90.30% · institutions 70.55% · other public 0.28%

  2. Appointment of Mr. Venugopal Lambu (DIN 08840898) as Executive Director and President - Global Markets ¿ Ordinary Resolution
    Ordinary
    92.27% for7.73% against

    Against: promoters 0.00% · institutions 36.04% · other public 5.35%

    Turnout: all 77.73% · promoters 90.30% · institutions 70.55% · other public 0.28%

  3. Appointment of Mr. Chandrasekaran Ramakrishnan (DIN 00580842) as Independent Director ¿ Ordinary Resolution.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.15%

    Turnout: all 77.73% · promoters 90.30% · institutions 70.55% · other public 0.28%

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 Jul 2020, 11 resolutions

Present: 4 promoters and 105 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2020 together with Reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 83.74% · promoters 98.08% · institutions 63.52% · other public 1.05%

  2. To confirm the payment of the Interim dividend of Rs.3/- per equity share, and to declare a final dividend of Rs.10/- per equity share of Rs.10/- each for the Financial Year 2019-20.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.98% · promoters 98.08% · institutions 64.86% · other public 1.06%

  3. To appoint a Director in place of Mr. Jayant Damodar Patil (DIN 01252184), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.17% for0.83% against

    Against: promoters 0.00% · institutions 5.97% · other public 0.50%

    Turnout: all 83.73% · promoters 98.01% · institutions 63.79% · other public 1.06%

  4. Re-appointment of M/s. Deloitte Haskins and Sells, Chartered Accountants as Statutory Auditors
    Ordinary
    99.20% for0.80% against

    Against: promoters 0.00% · institutions 5.69% · other public 0.99%

    Turnout: all 83.98% · promoters 98.08% · institutions 64.86% · other public 1.06%

  5. To approve requests received from Mr. Krishnakumar Natarajan, Promoter along with Ms.Akila Krishnakumar, Mr. Abhirath K Kumar and Mr. Siddarth Krishna Kumar, Persons belonging to Promoter Group for reclassification from “Promoter and Promoter Group”category to “Public” categoryMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 79.45% · promoters 91.92% · institutions 64.86% · other public 1.06%

  6. To approve requests received from Mr. Rostow Ravanan, Promoter along with Ms. Seema Ravanan, Person belonging to Promoter Group, for reclassification from “Promoter and Promoter Group” category to “Public” categoryMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.08%

    Turnout: all 83.34% · promoters 97.21% · institutions 64.86% · other public 1.06%

  7. To approve requests received from Mr. N.S. Parthasarathy, Promoter along with Mr. N G Srinivasan, Ms. Jayanthi Vasudevan, Ms. Jayasri Dwarakanath and Mr. Krishnaswamy L P, Persons belonging to Promoter Group for reclassification from “Promoter and Promoter Group” category to “Public” categoryMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.06%

    Turnout: all 82.68% · promoters 96.31% · institutions 64.86% · other public 1.06%

  8. To approve requests received from Mr. Subroto Bagchi, Promoter along with Ms. Susmita Bagchi and Mr. Sanjay Kumar Panda, Persons belonging to Promoter Group for reclassification from “Promoter and Promoter Group” category to “Public” categoryMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.07%

    Turnout: all 79.46% · promoters 91.93% · institutions 64.86% · other public 1.06%

  9. To approve request received from M/s. LSO Investment Private Limited, Promoter for reclassification from “Promoter Group” category to “Public” category
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.51%

    Turnout: all 83.98% · promoters 98.08% · institutions 64.86% · other public 1.06%

  10. To approve request received from Mr. Kamran Ozair, Promoter for reclassification from “Promoter Group” category to “Public” category
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 83.98% · promoters 98.08% · institutions 64.86% · other public 1.06%

  11. To approve request received from Mr. Scott Staples, Promoter for reclassification from “Promoter Group” category to “Public” category
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.51%

    Turnout: all 83.98% · promoters 98.08% · institutions 64.86% · other public 1.06%

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, 23 Sep 2019, 2 resolutions

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

  1. Appointment of Mr. Debashis Chatterjee(DIN 00823966) as Chief Executive Officer and Managing Director (CEO and Managing Director)
    Ordinary
    99.23% for0.77% against

    Against: promoters 0.00% · institutions 4.38% · other public 2.35%

    Turnout: all 73.96% · promoters 82.04% · institutions 80.14% · other public 8.77%

  2. Appointment of Mr. Anilkumar Manibhai Naik ( Mr. A M Naik) (DIN 00001514) as Non-Executive Chairman
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 1.39% · other public 1.95%

    Turnout: all 73.27% · promoters 82.04% · institutions 75.75% · other public 8.77%

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

How mutual funds voted

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

Mutual fund votes, meeting of 26 Aug 2022, 21 fund houses

  • To consider and if thought fit, approving the proposed scheme of amalgamation and arrangement amongst Larsen & Toubro Infotech Limited (Transferee Company) and Mindtree Limited (Transferor Company) and their respective shareholders and CreditorsMoreLess
    21 for0 against

Mutual fund votes, meeting of 13 Jul 2022, 20 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider, approve and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 together with Reports of the Board of Directors and Auditors thereon and Audited Consolidated Financial Statements and the reports of the Auditors thereon for the financial year ended March 31, 2022MoreLess
    20 for0 against
  • To confirm the payment of Interim dividend of Rs. 10/- per equity share, and to declare a Final dividend of Rs. 27/- per equity share of Rs. 10/- each for the Financial Year 2021-22
    20 for0 against
  • To appoint a Director in place of Mr. Venugopal Lambu (DIN 08840898), who retires by rotation and being eligible, offers himself for re-appointment.
    20 for0 against
  • To appoint a Director in place of Mr. A. M. Naik (DIN 00001514), who retires by rotation and being eligible, offers himself for re-appointment
    19 for0 against
  • Re-appointment of Mr. A.M.Naik (DIN: 00001514) as Non-Executive Director
    19 for0 against
2 proposals not matched to one resolution
  • Approve Continuation of Office of A. M. Naik as Director
    1 for0 against
  • Reelect A. M. Naik as Director
    1 for0 against
6 earlier meetings

Mutual fund votes, meeting of 13 Jul 2021, 17 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider, approve and adopt the Audited Standalone Financial Statements and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2021 together with Reports of the Board of Directors and Auditors thereon.MoreLess
    15 for0 against

    1 abstained

  • To confirm the payment of Interim dividend of Rs.7.50/- per equity share, and to declare a Final dividend of Rs.17.50/- per equity share of Rs.10/- each for the Financial Year 2020-21.
    15 for0 against

    1 abstained

  • To appoint a Director in place of Mr. Sekharipuram Narayanan Subrahmanyan (DIN: 02255382), Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
    15 for0 against

    2 abstained

  • To appoint a Director in place of Mr. Ramamurthi Shankar Raman (DIN: 00019798), Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundHolds directorships in more than ten companies
    14 for1 against

    2 abstained

  • To re-appoint Mr. Bijou Kurien (DIN:01802995) as an Independent Director
    15 for0 against

    2 abstained

  • To re-appoint Mr. Akshaya Bhargava (DIN:01874792) as an Independent Director
    15 for0 against

    2 abstained

2 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 22 May 2021, 18 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Mindtree Employee Stock Option Plan 2021(ESOP 2021) for the issue of upto 20,00,000 options (including the unutilized options under the Mindtree Employee Restricted Stock Purchase Plan 2012 (ESPS/ERSP Plan 2012) to employees of the CompanyMoreLess
    Against Bandhan Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual FundNon-compliant with SEBI (Share Based Employee Benefits) Regulation, 2014. Exercise price inadequately disclosed. Governance Concern: Determination of exercise price by NRC.
    • HDFC Mutual FundThere is lack of disclosure/clarity on the pricing formula/exercise price at which the ESOP will be granted
    • Kotak Mahindra Mutual FundNoncompliance with SEBI Regulation and exercise price/ pricing formula not indicated.
    • Nippon India Mutual FundInsufficient information
    5 for4 against

    1 abstained

  • Grant of employee stock options to the employees of subsidiary company (ies) under Mindtree Employee Stock Option Plan 2021
    Against Bandhan Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual FundNon-compliant with SEBI (Share Based Employee Benefits) Regulation, 2014. Exercise price inadequately disclosed. Governance Concern: Determination of exercise price by NRC.
    • HDFC Mutual FundThere is lack of disclosure/clarity on the pricing formula/exercise price at which the ESOP will be granted
    • Kotak Mahindra Mutual FundNoncompliance with SEBI Regulation and exercise price/ pricing formula not indicated.
    • Nippon India Mutual FundInsufficient information
    5 for4 against

    1 abstained

  • Grant of loan to the Mindtree Employee Welfare Trust
    Against Bandhan Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual FundNon-compliant with SEBI (Share Based Employee Benefits) Regulation, 2014. Exercise price inadequately disclosed. Governance Concern: Determination of exercise price by NRC.
    • HDFC Mutual FundThere is lack of disclosure/clarity on the pricing formula/exercise price at which the ESOP will be granted
    • Kotak Mahindra Mutual FundNoncompliance with SEBI Regulation and exercise price/ pricing formula not indicated.
    • Nippon India Mutual FundInsufficient information
    5 for4 against

    1 abstained

  • Amendments in the ‘Mindtree Employee Restricted Stock Purchase Plan 2012'
    Against Bandhan Mutual Fund, Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual FundNo concern with the proposed amendment, however, Governance Concern as Exercise price inadequately disclosed.
    • Kotak Mahindra Mutual FundGovernance concerns with regards to exercise price.
    • Nippon India Mutual FundInsufficient information
    14 for3 against

    1 abstained

12 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • 1) Approve Mindtree Employee Stock Option Plan 2021 (ESOP 2021).
    1 for0 against
  • 2) Extend ESOP 2021 to the employees of subsidiaries.
    1 for0 against
  • 3) To grant loan (upto 5% of the aggregate of paid-up share capital and free reserves) to the Trust for purchase of shares under ESOP 2021.
    1 for0 against
  • Approve Mindtree Employee Stock Option Plan 2021 (ESOP 2021)
    5 for0 against
  • Extend ESOP 2021 to the employees of subsidiaries
    5 for0 against
  • To approve the implementation of ‘Mindtree Employee Stock Option Plan 2021’ (‘ESOP 2021’/ ‘Plan’) through ‘Mindtree Employee Welfare Trust’ (“Trust”) of the Company and authorise the Board of Directors to create, grant and issue from time to time, in one or more tranches, not exceeding 20,00,000 employee stock options (including the unutilized options under the ESPS Plan 2012) (“Options”) to or for the benefit of permanent employees of the Company including any Director, whether whole-time or otherwise (other than the employee who is Promoter or person belong to the Promoter Group, Independent Directors of the Company and Directors holding directly or indirectly more than 10% of the outstanding equity shares of the Company) of the Company or its subsidiaries as may be decided under the Plan exercisable into not more than 20,00,000 equity shares of face value of Rs.10/- each fully paid-up in aggregate which shall be acquired and held by the Trust from the Company, where one employee stock option would convert into one equity share upon exercise and to be transferred to the option grantee by the Trust on such terms and conditions as the Board / Committee may decide in accordance with the provisions of the Plan read with the provisions of the SEBI SBEB Regulations and other applicable lawsMoreLess
    1 for0 against
  • To authorise the Board of Directors to grant an interest free unsecured loan, provide guarantee or security in connection with a loan or any other financial assistance to the “Mindtree Employee Welfare Trust” set-up by the Company, from time to time, in one or more tranches, for acquisition of such number of equity shares of the Company for the implementation and administration of the Mindtree Employee Stock Option Plan 2021 (“ESOP 2021”/ “Plan”), value of which shall not exceed the statutory ceiling of five (5%) percent of the paid-up capital and free reserves of the Company as on March 31, 2021, repayable to and recoverable by the Company from time to time during the term of the Plans subject to receipt of the exercise price from the employees by the Trust on exercise of employee stock options under the Plans, in accordance with the terms and conditions agreed upon and as prescribed under the laws, rules, regulations applicable to the CompanyMoreLess
    1 for0 against
  • To authorise the Board of Directors to offer, grant and issue employee stock options (“Options”) under the “Mindtree Employee Stock Option Plan 2021” (‘ESOP 2021’/ ‘Plan’) within the limit prescribed therein to or for the benefit of the permanent employees including any director, whether whole-time or otherwise (other than the employee who is promoter or person belong to the promoter group, independent directors of the Company and directors holding directly or indirectly more than 10% of the outstanding equity shares of the Company) of subsidiary company(ies) of the Company, as may be decided under Plan, exercisable into corresponding number of equity shares of face value of Rs.10/- (Rupees Ten only) each fully paid-up, where one employee stock option would convert in to one equity share upon exercise and be transferred to the option grantee by the Mindtree Employee Welfare Trust (“Trust”) of the Company, on such terms and in such manner as the Board/ Committee may decide in accordance with the provisions of the Plan read with the provisions of the SEBI SBEB Regulations and other applicable lawsMoreLess
    1 for0 against
  • To grant loan (upto 5% of the aggregate of paid-up share capital and free reserves) to the trust for purchase of shares under ESOP 2021
    5 for0 against

Mutual fund votes, meeting of 10 Dec 2020, 13 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Appointment of Mr. Dayapatra Nevatia (DIN 03557975) as Executive Director and Chief Operating Officer¿ Ordinary Resolution
    10 for0 against

    2 abstained

  • Appointment of Mr. Venugopal Lambu (DIN 08840898) as Executive Director and President - Global Markets ¿ Ordinary Resolution
    11 for0 against

    2 abstained

  • Appointment of Mr. Chandrasekaran Ramakrishnan (DIN 00580842) as Independent Director ¿ Ordinary Resolution.
    11 for0 against

    2 abstained

1 proposal not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 14 Jul 2020, 13 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2020 together with Reports of the Directors and Auditors thereon.MoreLess
    9 for0 against

    3 abstained

  • To confirm the payment of the Interim dividend of Rs.3/- per equity share, and to declare a final dividend of Rs.10/- per equity share of Rs.10/- each for the Financial Year 2019-20.
    11 for0 against

    1 abstained

  • To appoint a Director in place of Mr. Jayant Damodar Patil (DIN 01252184), who retires by rotation and being eligible, offers himself for re-appointment
    11 for0 against

    1 abstained

  • Re-appointment of M/s. Deloitte Haskins and Sells, Chartered Accountants as Statutory Auditors
    11 for0 against

    1 abstained

  • To approve requests received from Mr. Krishnakumar Natarajan, Promoter along with Ms.Akila Krishnakumar, Mr. Abhirath K Kumar and Mr. Siddarth Krishna Kumar, Persons belonging to Promoter Group for reclassification from “Promoter and Promoter Group”category to “Public” categoryMoreLess
    11 for0 against

    1 abstained

  • To approve requests received from Mr. Rostow Ravanan, Promoter along with Ms. Seema Ravanan, Person belonging to Promoter Group, for reclassification from “Promoter and Promoter Group” category to “Public” categoryMoreLess
    11 for0 against

    1 abstained

  • To approve requests received from Mr. N.S. Parthasarathy, Promoter along with Mr. N G Srinivasan, Ms. Jayanthi Vasudevan, Ms. Jayasri Dwarakanath and Mr. Krishnaswamy L P, Persons belonging to Promoter Group for reclassification from “Promoter and Promoter Group” category to “Public” categoryMoreLess
    11 for0 against

    1 abstained

  • To approve requests received from Mr. Subroto Bagchi, Promoter along with Ms. Susmita Bagchi and Mr. Sanjay Kumar Panda, Persons belonging to Promoter Group for reclassification from “Promoter and Promoter Group” category to “Public” categoryMoreLess
    11 for0 against

    1 abstained

  • To approve request received from M/s. LSO Investment Private Limited, Promoter for reclassification from “Promoter Group” category to “Public” category
    11 for0 against

    1 abstained

  • To approve request received from Mr. Kamran Ozair, Promoter for reclassification from “Promoter Group” category to “Public” category
    11 for0 against

    1 abstained

  • To approve request received from Mr. Scott Staples, Promoter for reclassification from “Promoter Group” category to “Public” category
    11 for0 against

    1 abstained

11 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • Item 11, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 23 Sep 2019, 5 fund houses

  • Appointment of Mr. Debashis Chatterjee(DIN 00823966) as Chief Executive Officer and Managing Director (CEO and Managing Director)
    5 for0 against
  • Appointment of Mr. Anilkumar Manibhai Naik ( Mr. A M Naik) (DIN 00001514) as Non-Executive Chairman
    5 for0 against

Mutual fund votes, meeting of 16 Jul 2019, 3 fund houses

  • Accept Financial Statements and Statutory Reports
    1 for0 against
  • Approve Final Dividend
    1 for0 against
  • Approve Retirement of Subroto Bagchi
    1 for0 against
  • Approve Special Dividend
    1 for0 against
  • Confirm First Interim Dividend, Second Interim Dividend and Third Interim Dividend
    1 for0 against
  • Elect Deepa Gopalan Wadhwa as Director
    1 for0 against
  • Elect Jayant Damodar Patil as Director
    1 for0 against
  • Elect Prasanna Rangacharya Mysore as Director
    1 for0 against
  • Elect Ramamurthi Shankar Raman as Director
    1 for0 against
  • Elect Sekharipuram Narayanan Subrahmanyan as Director
    1 for0 against
  • To adopt Audited Standalone Financial Statements and Audited Consolidated Financial Statements together with Reports of the Directors and Auditors thereon for the Financial Year 2018-19.
    2 for0 against
  • To appoint a Director in place of Mr. Subroto Bagchi (DIN 00145678), who retires by rotation and being eligible, offers himself for reappointment
    1 for0 against
  • To appoint Mr. Jayant Damodar Patil (DIN 01252184) as NonExecutive Director
    1 for0 against
  • To appoint Mr. Jayant Damodar Patil (DIN 01252184) as NonExecutive Director of the Company.
    1 for0 against
  • To appoint Mr. Prasanna Rangacharya Mysore (Mr. M R Prasanna) (DIN 00010264) as Independent Director
    1 for0 against
  • To appoint Mr. Prasanna Rangacharya Mysore (Mr. M R Prasanna) (DIN 00010264) as Independent Director of the Company.
    1 for0 against
  • To appoint Mr. Ramamurthi Shankar Raman (Mr. R. Shankar Raman) (DIN 00019798) as Non-Executive Director
    1 for0 against
  • To appoint Mr. Ramamurthi Shankar Raman (Mr. R. Shankar Raman) (DIN 00019798) as Non-Executive Director of the Company.
    1 for0 against
  • To appoint Mr. Sekharipuram Narayanan Subrahmanyan (Mr. S.N. Subrahmanyan) (DIN 02255382) as Non-Executive Director
    1 for0 against
  • To appoint Mr. Sekharipuram Narayanan Subrahmanyan (Mr. S.N. Subrahmanyan) (DIN 02255382) as Non-Executive Director of the Company.
    1 for0 against
  • To appoint Mrs. Deepa Gopalan Wadhwa (DIN 07862942) as Independent Director
    1 for0 against
  • To appoint Mrs. Deepa Gopalan Wadhwa (DIN 07862942) as Independent Director of the Company.
    1 for0 against
  • To confirm payment of first interim dividend, second interim dividend and third interim dividend for the Financial Year 2018-19.
    2 for0 against
  • To declare a final dividend for the Financial Year 2018-19.
    2 for0 against
  • To declare a special dividend for the Financial Year 2018-19.
    2 for0 against
  • To not fill the vacancy caused by the retirement of Mr. Subroto Bagchi (DIN 00145678), Director, who retires by rotation and is not offering himself for re-appointment.
    1 for0 against

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