MSP Steel & Power MD, chairman, board of directors and AGM
NSE: MSPLBSE: 532650Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹30.62.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,685 Cr1,160th 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 31 Jul 2026
- 44.4
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹102 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 12.1
- 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 30 May 2026
- 1.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 31 Jul 2026
- 3.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹102 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 13.9%
- 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 31 Jul 2026
- 9.7%
- 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 30 May 2026
- 0.30
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,59,46859.4% delivered
MSP Steel & Power 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
- Managing directorSAKET AGRAWAL
- Managing directorMANISH AGRAWAL
- ChairpersonSURESH KUMAR AGRAWALRelated to the promoter
- Company Secretary and Compliance OfficerSHREYA KAR
8 directors4 independent2 executive2 non-executive
- SAKET AGRAWAL · Managing directorExecutive · joined Sep 2003 · reappointed Nov 2024 · 0 months as independent · 1 listed board · 2 committee seats
- MANISH AGRAWAL · Managing directorExecutive · joined Jul 2003 · reappointed Aug 2024 · 0 months as independent · 2 listed boards · 1 committee seat
- SURESH KUMAR AGRAWAL · ChairpersonNon-executive · joined Aug 2004 · reappointed Sep 2016 · 0 months as independent · 2 listed boards
- PRADIP KUMAR DEYNon-executive · joined Jan 2023 · reappointed Apr 2023 · 0 months as independent · 1 listed board
- SUNEETA MOHANTYIndependent · joined Mar 2019 · reappointed Sep 2024 · 87 months as independent · 2 listed boards · 2 as independent · 3 committee seats
- ANBHAV GOENKAIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
- PRANAB KUMAR CHAKRABARTYIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- PRAMODE KUMAR PANDEYIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 Jun 20264 of 8 present2 independent · 19 days in between
- 30 May 20267 of 8 present4 independent · 29 days in between
- 30 Apr 20264 of 8 present2 independent · 46 days in between
- 14 Mar 20265 of 8 present2 independent · 27 days in between
2 earlier meetings
- 14 Feb 20268 of 8 present4 independent · 31 days in between
- 13 Jan 20264 of 8 present2 independent
Audit Committee
Chair ANBHAV GOENKA
SUNEETA MOHANTY, SAKET AGRAWAL, PRANAB KUMAR CHAKRABARTY
- 19 Jun 20263 of 4 present2 independent · 19 days in between
- 30 May 20264 of 4 present3 independent · 76 days in between
- 14 Mar 20263 of 4 present2 independent · 27 days in between
- 14 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair ANBHAV GOENKA
PRADIP KUMAR DEY, PRAMODE KUMAR PANDEY
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair ANBHAV GOENKA
MANISH AGRAWAL, SAKET AGRAWAL
- 30 May 20263 of 3 present2 independent · 136 days in between
- 13 Jan 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair PRADIP KUMAR DEY
SUNEETA MOHANTY, SAKET AGRAWAL
- 14 Feb 20263 of 3 present1 independent
Independent Directors meeting
- 14 Feb 20264 of 4 present4 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.
- Singhi & CoPeer-review certificate valid to Aug 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.
MSP Steel & Power 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.MSP Steel & Power dividend history
Annual general meeting, 30 Sep 2026
58,147 shareholders on the register on 23 Sep 2026; present: 20 promoters and 49 others; votes counted by SWATI BAJAJ / BAJAJ TODI & ASSOCIATES.The company's voting result (opens in a new tab)
To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of AuditorsMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.74% · promoters 100.00% · institutions 6.77% · other public 42.83%
- To appoint Mr. Suresh Kumar Agrawal (DIN: 00587623) as a Director, who retires by rotation and being eligible, offers himself for re-appointment as a Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.74% · promoters 100.00% · institutions 6.77% · other public 42.83%
- Ratification of Remuneration payable to Mr. Sambhu Banerjee (Membership No. 9780), Cost Auditor of the Company for the financial year ending March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.74% · promoters 100.00% · institutions 6.77% · other public 42.83%
- Approval for payment of overall managerial remuneration in excess of limits prescribed.Special98.32% for1.68% against
Against: promoters 0.00% · institutions 95.43% · other public 0.01%
Turnout: all 62.74% · promoters 100.00% · institutions 6.77% · other public 42.83%
- Approval of payment of remuneration to Mr. Suresh Kumar Agrawal (DIN: 00587623), Non-executive Chairman of the Company.SpecialPromoters have an interest in it98.24% for1.76% against
Against: promoters 0.00% · institutions 99.76% · other public 0.01%
Turnout: all 62.71% · promoters 99.94% · institutions 6.77% · other public 42.83%
- Approval of payment of remuneration to Mr. Saket Agrawal (DIN: 00129209), Managing Director of the CompanySpecialPromoters have an interest in it98.32% for1.68% against
Against: promoters 0.00% · institutions 95.43% · other public 0.01%
Turnout: all 62.70% · promoters 99.92% · institutions 6.77% · other public 42.83%
- Approval of payment of remuneration to Mr. Manish Agrawal (DIN: 00129240), Joint Managing Director of the Company.SpecialPromoters have an interest in it98.32% for1.68% against
Against: promoters 0.00% · institutions 95.43% · other public 0.01%
Turnout: all 62.68% · promoters 99.88% · institutions 6.77% · other public 42.83%
- Approval of material related party transaction(s) proposed to be entered into by the Company during FY 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.74% · promoters 100.00% · institutions 6.77% · other public 42.83%
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, 14 Jul 2026, 1 resolution
56,674 shareholders on the register on 7 Jul 2026; present: 20 promoters and 24 others; votes counted by SWATI BAJAJ / BAJAJ TODI & ASSOCIATES.The company's voting result (opens in a new tab)
- Variation in the Objects relating to utilisation of funds from Preferential Issue.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.41% · promoters 92.91% · institutions 0.02% · other public 43.28%
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.
Extraordinary general meeting, 12 Dec 2025, 1 resolution
59,308 shareholders on the register on 5 Dec 2025; present: 19 promoters and 22 others; votes counted by SWATI BAJAJ / BAJAJ TODI & ASSOCIATES.The company's voting result (opens in a new tab)
- Issue of convertible warrants on preferential allotment basisSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.78% · promoters 100.00% · institutions 6.30% · other public 55.07%
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, 25 Sep 2025, 9 resolutions
61,248 shareholders on the register on 18 Sep 2025; present: 16 promoters and 33 others; votes counted by SWATI BAJAJ / BAJAJ TODI & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.49% · promoters 100.00% · institutions 6.30% · other public 56.68%
- To appoint Mr. Pradip Kumar Dey (DIN: 00587842) as a director, who retires by rotation and being eligible, offers himself for re-appointment as a Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.49% · promoters 100.00% · institutions 6.30% · other public 56.68%
- Ratification of Remuneration payable to Mr. Sambhu Banerjee (Membership No. 9780), Cost Auditor of the Company for the financial year ending March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.49% · promoters 100.00% · institutions 6.30% · other public 56.68%
- To appoint M/s. Bajaj Todi & Associates (formerly M/s. PS & Associates), Firm of Company Secretaries in Practice (Firm Registration No.: P2020WB081300) as Secretarial Auditor of the companyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.49% · promoters 100.00% · institutions 6.30% · other public 56.68%
Approval for payment of overall managerial remuneration in excess of limits prescribed. To consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special ResolutionMoreLess
SpecialPromoters have an interest in it98.33% for1.67% againstAgainst: promoters 0.00% · institutions 99.65% · other public 0.00%
Turnout: all 63.13% · promoters 98.99% · institutions 6.30% · other public 56.68%
Approval of payment of remuneration to Mr. Suresh Kumar Agrawal (DIN: 00587623), Non-executive Chairman of the Company. To consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution.MoreLess
SpecialPromoters have an interest in it98.32% for1.68% againstAgainst: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 63.13% · promoters 98.99% · institutions 6.30% · other public 56.68%
Approval of payment of remuneration to Mr. Saket Agrawal (DIN: 00129209), Managing Director of the Company. To consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution.MoreLess
SpecialPromoters have an interest in it98.33% for1.67% againstAgainst: promoters 0.00% · institutions 99.65% · other public 0.00%
Turnout: all 63.13% · promoters 98.99% · institutions 6.30% · other public 56.68%
Approval of payment of remuneration to Mr. Manish Agrawal (DIN: 00129240), designated as Joint Managing Director. To consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution.MoreLess
SpecialPromoters have an interest in it98.33% for1.67% againstAgainst: promoters 0.00% · institutions 99.65% · other public 0.00%
Turnout: all 63.13% · promoters 98.99% · institutions 6.30% · other public 56.68%
Approval the material related party transaction(s) proposed to be entered into by the Company during the FY 2025-26. To consider and, if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.13% · promoters 87.62% · institutions 6.30% · other public 56.68%
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, 17 Sep 2024, 14 resolutions
Present: 20 promoters and 58 others.The company's voting result (opens in a new tab)
Ordinary Resolution to receive, consider and adopt the Audited 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 and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereonMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
To appoint Mr. Manish Agrawal (DIN: 00129240) as a Director, who retires by rotation and being eligible, offers himself for re-appointment as a Director of the Company and in this regard to consider and if thought fit, to pass the following resolution as an Ordinary ResolutionMoreLess
OrdinaryPromoters have an interest in it86.05% for13.95% againstAgainst: promoters 0.00% · institutions 0.00% · other public 42.03%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
To appoint M/s. Singhi & Co., Chartered Accountants, as Statutory Auditors of the Company and in this regard to consider and, if thought fit, to pass the following resolution as an Ordinary Resolution:MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- Ratification of Remuneration payable to Mr. Sambhu Banerjee (Membership No. 9780), Cost Auditor of the Company for the financial year ending March 31, 2025:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To approve payment of Remuneration/Commision to Non-Executive DirectorsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To approve and increase the limit of managerial remuneration payable to Mr. Suresh Kumar Agrawal Non-Executive Director for FY 2024-25SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To consider and approve appointment of Mr. Pramode Kumar Pandey (DIN: 10714970) as an Independent Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To consider and approve appointment of Mr. Pranab Kumar Chakrabarty (DIN: 07924042) as an Independent Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To consider and approve appointment of Mr. Anubhav Goenka (DIN: 00543736) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To consider and approve re-appointment of Mrs. Suneeta Mohanty (DIN: 08398436) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- Re-appoint Mr. Saket Agrawal (DIN: 00129209) as Managing Director of the Company:SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To appoint Mr. Manish Agrawal (DIN: 00129240) as Joint Managing Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- Approval for continuation of Mr. Suresh Kumar Agrawal (DIN: 00587623) as a Non-Executive Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
- To convert outstanding unsecured loan to the persons belonging to Promoter & Promoter Group into equity shares of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.09% · promoters 100.00% · institutions 0.00% · other public 38.21%
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, 19 Sep 2023, 5 resolutions
Present: 17 promoters and 63 others.The company's voting result (opens in a new tab)
Ordinary Resolution for Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 46.85% · promoters 51.01% · institutions 0.00% · other public 59.22%
Ordinary Resolution to appoint a Director in place of Mr. Suresh Kumar Agrawal (DIN: 00587623), who retires by rotation and being eligible, offers himself for re-appointment as a Director of the CompanyMoreLess
OrdinaryPromoters have an interest in it99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 46.85% · promoters 51.01% · institutions 0.00% · other public 59.22%
- Ordinary Resolution to ratify remuneration of Cost Auditor for the financial year ending March 31, 2024Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 46.85% · promoters 51.01% · institutions 0.00% · other public 59.22%
- Special Resolution to increase the Overall Maximum Managerial Remuneration payable to the Directors of the company.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 46.85% · promoters 51.01% · institutions 0.00% · other public 59.22%
- Special Resolution to approve amount payable as remuneration to Mr. Suresh Kumar Agrawal (DIN: 00587623), Non-Executive Director for the Financial Year 2022-23.nSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 46.85% · promoters 51.01% · institutions 0.00% · other public 59.22%
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, 4 Apr 2023, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr.Pradip Kumar Dey (DIN: 00587842) as Non-Executive Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 55.09% · promoters 69.11% · institutions 8.06% · other public 59.81%
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, 27 Sep 2022, 5 resolutions
Present: 23 promoters and 58 others.The company's voting result (opens in a new tab)
Ordinary Resolution for Audited Financial Statements of the Company (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2022 and the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.27% · promoters 100.00% · institutions 8.04% · other public 60.65%
- ORDINARY - To appoint a Director, in place of Mr. Manish Agrawal (DIN 00129240) who retires by rotation and being eligible, offers himself for re-appointment as a Director of the CompanyOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.27% · promoters 100.00% · institutions 8.04% · other public 60.65%
- ORDINARY - To appoint M/s. S.K Agrawal & Co., Chartered Accountants LLP, Chartered Accountants as Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.27% · promoters 100.00% · institutions 8.04% · other public 60.65%
- ORDINARY - Ratification of Remuneration of the Cost Auditor of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 68.27% · promoters 100.00% · institutions 8.04% · other public 60.65%
- SPECIAL - Appointment of Mr. Prateek Bansal (DIN 01836662) as an Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.27% · promoters 100.00% · institutions 8.04% · other public 60.65%
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.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- 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 Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. 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 |
|---|---|---|---|---|---|
| Preferential IssuesMar 2026 | 24.50 | Unsecured Debt Repayment - Repayment or pre-payment in full or part, of certain identified unsecured loans availed by the Company | 75.00 | 1.50 | No |
| Preferential IssuesMar 2026 | 24.50 | Payment in accordance with Restructuring Scheme of the Company – with payment of Right to Recompense (ROR) the company will be eligible to exit from the restructuring framework | 18.50 | 18.50 | No |
| Preferential IssuesMar 2026 | 24.50 | General Corporate Purpose- Modernisation and maintenance of plant and machinery, including purchase, refurbishment, replacement, upgradation repairs and maintenance of plant & machinery to ensure smooth and uninterrupted manufacturing operations | 4.50 | 2.84 | No |