Nazara Technologies logo

Nazara Technologies CEO, MD, chairman, board of directors and AGM

NSE: NAZARABSE: 543280EntertainmentSmall Cap

Last close ₹402.15up ₹14.20 (3.66%)BSE ₹401.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹387.95.

52-week range of traded prices to 23 Oct 2026
₹215.70Low, 23 Mar 2026₹419.90High, 16 Oct 2026
Market cap
₹15,471 Cr561st largest listed
P/E
Earlier quarters restated in the year
P/B
4.5
Dividend yield
Nonein the last 12 months
ROCE
0.3%
Debt to equity
0.03
Volume, NSE
33,00,94955.3% delivered

Nazara Technologies 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

  • ChairpersonVIKASH MITTERSAINRelated to the promoter
  • Managing director and CEONITISH MITTERSAIN
  • Company Secretary and Compliance OfficerArun Bhandari

10 directors5 independent2 executive3 non-executive

  • VIKASH MITTERSAIN · ChairpersonNon-executive · joined Dec 1999 · reappointed Jun 2026 · 1 listed board · 1 committee seat
  • NITISH MITTERSAIN · Managing director and CEOExecutive · joined Dec 1999 · reappointed Jan 2023 · 1 listed board · 1 committee seat
  • SHOBHA HARESH JAGTIANIIndependent · joined Jan 2018 · reappointed Jan 2023 · 101 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • PROBIR KUMAR ROYIndependent · joined Jan 2018 · reappointed Jan 2023 · 101 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • SASHA GULU MIRCHANDANIIndependent · joined Jan 2018 · reappointed Jan 2023 · 101 months as independent · 3 listed boards · 1 as independent · 3 committee seats
  • VIVEK CHOPRANon-executive · joined Aug 2024 · 2 listed boards · 1 committee seat
  • ARUN VIJAYKUMAR GUPTAIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • ROHIT SHARMAExecutive · joined Aug 2025 · 1 listed board
  • MITHUN PADAM SACHETINon-executive · joined May 2026 · 2 listed boards · 1 as independent
  • MURAARIE RAJANIndependent · joined May 2026 · reappointed May 2026 · 1 month 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.

1 director who left
  • RAJIV AMBRISH AGARWAL, left 12 Aug 2025: Others

Committees and meetings

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

  • Board

    • 12 May 20269 of 10 present4 independent · 42 days in between
    • 30 Mar 20268 of 8 present4 independent · 11 days in between
    • 18 Mar 20266 of 8 present3 independent · 42 days in between
    • 3 Feb 20268 of 8 present4 independent

  • Audit Committee

    Chair PROBIR KUMAR ROY

    SHOBHA HARESH JAGTIANI, NITISH MITTERSAIN, SASHA GULU MIRCHANDANI

    • 12 May 20263 of 4 present2 independent · 42 days in between
    • 30 Mar 20264 of 4 present3 independent · 11 days in between
    • 18 Mar 20264 of 4 present3 independent · 42 days in between
    • 3 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair PROBIR KUMAR ROY

    SHOBHA HARESH JAGTIANI, SASHA GULU MIRCHANDANI

    • 12 May 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair SHOBHA HARESH JAGTIANI

    PROBIR KUMAR ROY, VIKASH MITTERSAIN, ARUN VIJAYKUMAR GUPTA

    • 12 May 20264 of 4 present3 independent · 97 days in between
    • 3 Feb 20263 of 4 present2 independent

  • Risk Management Committee

    Chair SHOBHA HARESH JAGTIANI

    NITISH MITTERSAIN, RAKESH CHANDRAKANT SHAH

    • 12 May 20262 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair VIKASH MITTERSAIN

    NITISH MITTERSAIN, SHOBHA HARESH JAGTIANI, SASHA GULU MIRCHANDANI

    • 12 May 20263 of 4 present1 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.

  • M S K C & Associates LLPPeer-review certificate valid to Sep 2026
1 earlier auditor
  • M/s. M S K C & Associates LLPNamed 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.

Nazara Technologies 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.Nazara Technologies share news and announcements

Annual general meeting, 25 Sep 2026

96,019 shareholders on the register on 18 Sep 2026; present: 9 promoters and 51 others; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. 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 of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 41.55% · promoters 85.81% · institutions 55.37% · other public 6.39%

  2. To appoint a Director in place of Mr. Vivek Chopra (DIN: 10240558), who retires by rotation and, being eligible, offers himself for re-appointment
    Ordinary
    90.10% for9.90% against

    Against: promoters 0.00% · institutions 45.71% · other public 0.03%

    Turnout: all 41.56% · promoters 85.81% · institutions 55.42% · other public 6.39%

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, 30 Aug 2026, 3 resolutions

95,818 shareholders on the register on 23 Aug 2026; present: 9 promoters and 44 others; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. Increase in authorised share capital of the Company and consequential amendment to Clause V of the Memorandum of Association
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 43.38% · promoters 85.81% · institutions 55.52% · other public 10.21%

  2. To approve the issue of equity shares on a preferential basis
    Special
    99.61% for0.39% against

    Against: promoters 0.00% · institutions 1.88% · other public 0.02%

    Turnout: all 43.38% · promoters 85.81% · institutions 55.52% · other public 10.21%

  3. Appointment of Mr. Con Anthony Conlon (DIN: 03200461) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 43.38% · promoters 85.81% · institutions 55.52% · other public 10.21%

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.

Extraordinary general meeting, 10 Aug 2026, 3 resolutions

98,356 shareholders on the register on 3 Aug 2026; present: 9 promoters and 45 others; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. 1 - Appointment of Mr. Mithun Padam Sacheti (DIN: 01683592) as a Non-Executive Director, liable to retire by rotation
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.52% · other public 0.01%

    Turnout: all 43.46% · promoters 83.63% · institutions 55.53% · other public 11.84%

  2. 2 - Appointment of Mr. Muraarie Rajan (DIN: 02756837) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 43.46% · promoters 83.63% · institutions 55.53% · other public 11.84%

  3. 3 - Re-designation of Mr. Vikash Mittersain (DIN:00156740) as Founding Chairman in the category of Non-Executive Director of the Company and approval of his remuneration
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 2.12% · other public 0.01%

    Turnout: all 43.46% · promoters 83.63% · institutions 55.53% · other public 11.84%

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.

Extraordinary general meeting, 1 May 2026, 2 resolutions

1,00,677 shareholders on the register on 24 Apr 2026; present: 9 promoters and 34 others; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. 1 - Approval for increase in the limits to provide loan, guarantee or security or to make investment under Section 186 of the Companies Act, 2013
    Special
    99.39% for0.61% against

    Against: promoters 0.00% · institutions 2.69% · other public 0.01%

    Turnout: all 60.12% · promoters 95.44% · institutions 85.65% · other public 26.19%

  2. 2 - To approve the issuance of Warrants on Preferential Basis
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 1.38% · other public 0.00%

    Turnout: all 60.12% · promoters 95.44% · institutions 85.65% · other public 26.19%

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, 15 Jan 2026, 1 resolution

1,05,012 shareholders on the register on 12 Dec 2025; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. To approve the Nazara Technologies Employee Stock Option Scheme 2025
    Special
    91.88% for8.12% against

    Against: promoters 0.00% · institutions 31.85% · other public 0.04%

    Turnout: all 50.48% · promoters 97.55% · institutions 68.67% · other public 6.58%

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 Sep 2025, 3 resolutions

1,09,301 shareholders on the register on 22 Sep 2025; present: 11 promoters and 36 others; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. 1 - To receive, consider and adopt: a) the Audited Standalone 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 b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Report of the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 56.79% · promoters 97.55% · institutions 70.10% · other public 18.77%

  2. 2 - To appoint a Director in place of Mr. Nitish Mittersain (DIN: 02347434), who retires by rotation and, being eligible, offers himself for re-appointment
    Ordinary
    97.10% for2.90% against

    Against: promoters 0.00% · institutions 11.96% · other public 0.00%

    Turnout: all 56.79% · promoters 97.55% · institutions 70.12% · other public 18.77%

  3. 3 - Appointment of M/s. BNP & Associates, Company Secretaries, as the Secretarial Auditors of the Company and to fix their remuneration.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.00%

    Turnout: all 56.79% · promoters 97.55% · institutions 70.10% · other public 18.77%

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.

Postal ballot, 15 Sep 2025, 7 resolutions

1,17,910 shareholders on the register on 8 Aug 2025; votes counted by CS Sandhya Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. 1 - Increase in authorised share capital and consequent alteration of capital clause of the Memorandum of Association of the Company
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.13% · other public 0.07%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

  2. 2 - Approve Sub-division / Split of Equity Shares and consequent alteration of capital clause of the Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

  3. 3 - Issue of Bonus Shares
    Ordinary
    98.52% for1.48% against

    Against: promoters 0.00% · institutions 5.53% · other public 0.07%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

  4. 4 - Appointment of Mr. Rohit Sharma (DIN: 01738942), as a director of the company
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.42% · other public 0.02%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

  5. 5 - Appointment of Mr. Rohit Sharma (DIN: 01738942) as Whole-time Director of the company, designated as Executive Director of the Company for a term of 5 (five) years
    Special
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 0.89% · other public 0.02%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

  6. 6 - Approve the remuneration of Mr. Vikash Mittersain (DIN: 00156740), the Chairman & Managing Director of the Company for a remaining term of his appointment
    Special
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 1.08% · other public 0.09%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

  7. 7 - Approve the remuneration of Mr. Nitish mittersain (DIN: 02347434), a Joint Managing Director & Chief Executive Officer of the Company for a remaining term of his appointment
    Special
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 1.08% · other public 0.03%

    Turnout: all 60.04% · promoters 97.55% · institutions 72.41% · other public 22.30%

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, 13 Aug 2025, 1 resolution

1,17,002 shareholders on the register on 6 Aug 2025; present: 11 promoters and 40 others; votes counted by CS Mannish L. Ghia / Manish Ghia & Associates.The company's voting result (opens in a new tab)

  1. Approval for De-Subsidiarisation of Nodwin Gaming Private Limited, a material subsidiary of the Company
    Special
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.79% · other public 0.00%

    Turnout: all 59.20% · promoters 97.56% · institutions 90.17% · other public 11.26%

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 25 Sep 2026, 2 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 of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
    2 for0 against
  • To appoint a Director in place of Mr. Vivek Chopra (DIN: 10240558), who retires by rotation and, being eligible, offers himself for re-appointment
    2 for0 against

Mutual fund votes, meeting of 30 Aug 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Increase in authorised share capital of the Company and consequential amendment to Clause V of the Memorandum of Association
    2 for0 against
  • To approve the issue of equity shares on a preferential basis
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance and Transparency Concern: The proposed allottes appear to be ‘Persons acting in Concert’; the proposed issuance involves allotment of more than 5% of post-issue fully diluted share capital of the Company and no Valuation Report has been obtained for determining the proposed Issue Price.
    1 for1 against
  • Appointment of Mr. Con Anthony Conlon (DIN: 03200461) as an Independent Director of the Company
    2 for0 against
6 earlier meetings

Mutual fund votes, meeting of 10 Aug 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)

  • 1 - Appointment of Mr. Mithun Padam Sacheti (DIN: 01683592) as a Non-Executive Director, liable to retire by rotation
    2 for0 against
  • 2 - Appointment of Mr. Muraarie Rajan (DIN: 02756837) as an Independent Director of the Company
    2 for0 against
  • 3 - Re-designation of Mr. Vikash Mittersain (DIN:00156740) as Founding Chairman in the category of Non-Executive Director of the Company and approval of his remuneration
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Although no concern is identified with the quantum of remuneration proposed to be paid, a governance concern arises from the disparity in remuneration practice towards the Promoter Non-Executive Director Chairman and other Non-Executive Directors, including Independent Directors, on the Board; Board chairperson is related to the Managing director of the Company, such positions blur the demarcation between the Board and the Management.
    1 for1 against

Mutual fund votes, meeting of 1 May 2026, 9 fund houses

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

  • 1 - Approval for increase in the limits to provide loan, guarantee or security or to make investment under Section 186 of the Companies Act, 2013
    Against UTI Mutual Fund
    • UTI Mutual FundNazara Technologies Ltd follows an acquisition-led growth strategy. The automatic limit for intercorporate transactions of the company is currently ~Rs. 26.5 bn. We note that the proposed limit is ~1.9x the standalone net worth of the company as on 31 March 2025. The company had clarified in the past that the aggregate of the loans and investments made by the company as on 22 January 2025 was ~Rs. 28.2 bn. The company has made investments in various companies recently. The company has stated that in order to tap future market opportunities, the present limit may not be sufficient as it is about to be exhausted. Notwithstanding, the exact utilization of the limit is unclear - while we understand that the company has historically grown through inorganic means, we believe that the company must disclose the current utilization of limits, and a granular plan to justify the ~43% increase in limits over a year. In the absence of clarity, we do not support this resolution.
    8 for1 against
  • 2 - To approve the issuance of Warrants on Preferential Basis
    2 for0 against
1 proposal not matched to one resolution
  • To create, offer, issue and allot upto 1,92,31,000 Warrants (Warrants), each convertible into 1 (One) fully paid-up equity share of face value of INR 2/- each, at a price of INR 260/- (including a premium of INR 258/-) per Warrant (Warrant Issue Price), which is not less than the floor price determined in accordance with Chapter V of the SEBI ICDR Regulations, aggregating upto INR 500,00,60,000/-MoreLess
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Warrants are priced at par with equity; No clarity on basis of selecting proposed allottees;Preferential issue of warrants to Promoters without any justification or substantial premium.
    • Groww Mutual FundCompliant with Law. Governance Concern: Warrants are priced at par with equity; No clarity on basis of selecting proposed allottees; Preferential issue of warrants to Promoters without any justification or substantial premium.
    • Motilal Oswal Mutual FundWarrants are priced at par with equity; No clarity on basis of selecting proposed allottees; Preferential allotment to Promoters without justification or substantial premium.
    4 for3 against

Mutual fund votes, meeting of 15 Jan 2026, 9 fund houses

  • To approve the Nazara Technologies Employee Stock Option Scheme 2025
    9 for0 against

Mutual fund votes, meeting of 29 Sep 2025, 10 fund houses

  • 1 - To receive, consider and adopt: a) the Audited Standalone 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 b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Report of the Auditors thereonMoreLess
    10 for0 against
  • 2 - To appoint a Director in place of Mr. Nitish Mittersain (DIN: 02347434), who retires by rotation and, being eligible, offers himself for re-appointment
    10 for0 against
  • 3 - Appointment of M/s. BNP & Associates, Company Secretaries, as the Secretarial Auditors of the Company and to fix their remuneration.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund
    • Angel One Mutual FundTransparency Concern: Remuneration of outgoing auditor not disclosed, unable to ascertain whether there is any material change in the proposed audit fee or not.
    • Bandhan Mutual Fund, Groww Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: Remuneration of outgoing auditor not disclosed, thus, SES is unable to ascertain whether there is any material change in the proposed audit fee or not.
    7 for3 against

Mutual fund votes, meeting of 15 Sep 2025, 11 fund houses

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

  • 1 - Increase in authorised share capital and consequent alteration of capital clause of the Memorandum of Association of the Company
    11 for0 against
  • 2 - Approve Sub-division / Split of Equity Shares and consequent alteration of capital clause of the Memorandum of Association of the Company
    8 for0 against
  • 3 - Issue of Bonus Shares
    11 for0 against
  • 4 - Appointment of Mr. Rohit Sharma (DIN: 01738942), as a director of the company
    11 for0 against
  • 5 - Appointment of Mr. Rohit Sharma (DIN: 01738942) as Whole-time Director of the company, designated as Executive Director of the Company for a term of 5 (five) years
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    10 for1 against
  • 6 - Approve the remuneration of Mr. Vikash Mittersain (DIN: 00156740), the Chairman & Managing Director of the Company for a remaining term of his appointment
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Holding combined position of Chairman & Managing Director.
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Holding combined position of Chairman & Managing Director.
    • Groww Mutual FundCompliant with Law. Governance Concern: Holding combined position of Chairman & Managing Director. Transparency Concern: The Company has not disclosed the attendance of the proposed director for FY 2024-25 and for FY 2025-26 till the date of the notice.
    7 for4 against
  • 7 - Approve the remuneration of Mr. Nitish mittersain (DIN: 02347434), a Joint Managing Director & Chief Executive Officer of the Company for a remaining term of his appointment
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Transparency Concern: The Company has not disclosed the attendance of the proposed director for FY 2024- 25 and for FY 2025-26 till the date of the notice.
    9 for2 against
2 proposals not matched to one resolution
  • 2) Approve subdivision of equity shares of face value of Rs. 4.0 per share into two equity shares having face value of Rs. 2.0 per share.
    1 for0 against
  • Approve subdivision of equity shares of face value of Rs. 4.0 per share into two equity shares having face value of Rs. 2.0 per share
    2 for0 against

Mutual fund votes, meeting of 13 Aug 2025, 11 fund houses

  • Approval for De-Subsidiarisation of Nodwin Gaming Private Limited, a material subsidiary of the Company
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance & Transparency Concern: Inadequate disclosures with regards to proposed transaction; blanket approval.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Inadequate disclosures w.r.t. proposed transaction; blanket approval.
    7 for4 against

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

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtRusk Media Private LimitedSince 28 May 2026

    0.44% bought in the quarter; holding 7.62%, from 7.18%

  • Tax disputeAdditional Commissioner, CGST & C. Ex, Mumbai South CommissionerateSince 9 May 2025
    The current status of litigation is that the Company is evaluating appropriate legal options, which, inter alia, includes filing an appeal before the appropriate appellate authority/tribunal against the said Appeal Order.MoreLess
    At the filing before: The Company had made a disclosure to the Stock Exchanges regarding an appeal Order received dated December 30, 2025 (received by the Company on February 05, 2026), issued by the Office of the Commissioner of CGST & CX. Appeals-I, Mumbai ("Appellate Authority"), ("Appeal Order"), whereby the Appellate Authority has rejected and disposed of the appeal application filed by the Company and has passed an order upholding the earlier tax demand of INR 2,83,96,324/- and a penalty of INR 2,83,96,324/-.MoreLess

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

None open at any 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
Yes
The filing has a part on fines and penalties
No
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.

How money raised was used

Reported for the quarter to Jun 2026. 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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesJun 2026, checked by ICRA Limited495.00Expansion and growth371.2582.27No
Preferential IssuesJun 2026, checked by ICRA Limited495.00General Corporate Purposes & Preferential Issue expenses123.750.38No
Preferential IssuesJun 2026, checked by CARE Ratings Limited474.01Expansion and growth355.500.00No
Preferential IssuesJun 2026, checked by CARE Ratings Limited474.01General Corporate Purposes & Preferential Issue expenses118.500.00No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.