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Nesco MD, chairman, board of directors and AGM

NSE: NESCOBSE: 505355Commercial Services & SuppliesSmall Cap

Last close ₹983.20down ₹23.80 (2.36%)BSE ₹983.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,007.00.

52-week range of traded prices to 23 Oct 2026
₹976.10Low, 23 Oct 2026₹1,413.30High, 23 Oct 2025
Market cap
₹6,928 Cr624th largest listed
P/E
16.6
P/B
2.3
Dividend yield
0.71%
ROE
14.8%
ROCE
14.4%
Debt to equity
0.00
Volume, NSE
52,24461.7% delivered

Nesco board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorKrishna Sumant Patel
  • Company Secretary and Compliance OfficerShalini Kamath

7 directors4 independent2 executive1 non-executive

  • Krishna Sumant Patel · Chairperson and managing directorExecutive · joined Jun 2008 · reappointed Jul 2023 · 1 listed board
  • Sudha Sumant PatelNon-executive · joined Jul 2001 · reappointed Jul 2026 · 1 listed board · 1 committee seat, 1 as chair
  • Ramakrishnan RamamurthiIndependent · joined Jul 2023 · reappointed Jul 2023 · 38 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Manish Ishwarlal PanchalIndependent · joined Jul 2023 · reappointed Jul 2023 · 38 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 1 as chair
  • Arun Lalchand TodarwalIndependent · joined Feb 2024 · reappointed Feb 2024 · 31 months as independent · 4 listed boards · 3 as independent · 9 committee seats, 3 as chair
  • Amrita V. ChowdhuryIndependent · joined May 2019 · reappointed May 2024 · 88 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 1 as chair
  • Rajesh UpadhyayExecutive · joined Jun 2026 · 1 listed board · 1 committee seat

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

    • 27 Jul 20267 of 7 present4 independent · 62 days in between
    • 25 May 20266 of 6 present4 independent

  • Audit Committee

    Chair Arun Lalchand Todarwal

    Manish Ishwarlal Panchal, Amrita V. Chowdhury, Ramakrishnan Ramamurthi

    • 29 Sep 20264 of 4 present4 independent · 63 days in between
    • 27 Jul 20264 of 4 present4 independent · 27 days in between
    • 29 Jun 20264 of 4 present4 independent · 34 days in between
    • 25 May 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair Amrita V. Chowdhury

    Sudha Sumant Patel, Manish Ishwarlal Panchal

    • 25 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Sudha Sumant Patel

    Amrita V. Chowdhury, Ramakrishnan Ramamurthi, Rajesh Upadhyay, Arun Lalchand Todarwal

    • 25 May 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Krishna Sumant Patel

    Arun Lalchand Todarwal, Manish Ishwarlal Panchal, Ramakrishnan Ramamurthi, Dipesh R. Singhania

    • 25 May 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Sudha Sumant Patel

    Arun Lalchand Todarwal, Ramakrishnan Ramamurthi, Rajesh Upadhyay, Amrita V. Chowdhury

    • 25 May 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • SDGD Associates LLPPeer-review certificate valid to Oct 2026
1 earlier auditor
  • SGDG 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.

Nesco 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.Nesco dividend history

Annual general meeting, 27 Jul 2026

47,839 shareholders on the register on 20 Jul 2026; present: 7 promoters and 65 others; votes counted by Neeta H. Desai / ND & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements for the financial year ended 31 March 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.21% · promoters 100.00% · institutions 78.27% · other public 0.68%

  2. Adoption of Audited Consolidated Financial Statements for the financial year ended 31 March 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.21% · promoters 100.00% · institutions 78.27% · other public 0.68%

  3. Declaration of dividend.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.23% · promoters 100.00% · institutions 78.49% · other public 0.68%

  4. Appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, seeks re-appointment and continuation in offfice
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 1.80% · other public 0.00%

    Turnout: all 75.23% · promoters 100.00% · institutions 78.49% · other public 0.68%

  5. Appointment of Mr. Rajesh G. Upadhyay (DIN:10963113) as a Director of the Company.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.26% · other public 0.00%

    Turnout: all 75.23% · promoters 100.00% · institutions 78.49% · other public 0.68%

  6. Appointment of Mr. Rajesh G. Upadhyay (DIN:10963113) as a Whole-time Director of the Company, Designated as Executive Director (Commercial and Operations).
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.12% · other public 0.00%

    Turnout: all 75.23% · promoters 100.00% · institutions 78.49% · other public 0.68%

  7. Ratification of cost auditors remuneration for the financial year ending 31 March 2027.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.23% · promoters 100.00% · institutions 78.49% · other public 0.68%

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, 30 Jul 2025, 6 resolutions

44,713 shareholders on the register on 23 Jul 2025; present: 7 promoters and 57 others; votes counted by Neeta H. Desai / ND & Associates.The company's voting result (opens in a new tab)

  1. Adoption of audited standalone financial statements
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.00% · promoters 100.00% · institutions 79.78% · other public 0.23%

  2. Adoption of audited consolidated financial statements.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.00% · promoters 100.00% · institutions 79.78% · other public 0.23%

  3. Declaration of dividend.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.02% · promoters 100.00% · institutions 80.02% · other public 0.23%

  4. Appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055) who retires from office by rotation, and being eligible, offers herself for re-appointment and continuation in office.
    Special
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 2.82% · other public 0.38%

    Turnout: all 75.02% · promoters 100.00% · institutions 80.02% · other public 0.23%

  5. Appointment of secretarial auditor and approval of her remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 75.02% · promoters 100.00% · institutions 80.02% · other public 0.23%

  6. Ratification of cost auditors remuneration for the financial year ending 31 March 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 75.02% · promoters 100.00% · institutions 80.02% · other public 0.23%

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, 12 Dec 2024, 1 resolution

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

  1. To Alter (Substitute) the Object Clause of the Memorandum of Association (MOA) of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.03%

    Turnout: all 75.13% · promoters 100.00% · institutions 80.80% · other public 0.46%

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, 2 Aug 2024, 5 resolutions

Present: 7 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider, and adopt the audited financialnstatements of the Company for the financial yearnended 31 March 2024 and the reports of the Board ofnDirectors and statutory auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.57% · promoters 81.64% · institutions 81.37% · other public 0.96%

  2. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.63% · promoters 81.64% · institutions 82.09% · other public 0.96%

  3. Appointment of Statutory Auditors
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.63% · promoters 81.64% · institutions 82.09% · other public 0.96%

  4. Appointment/ Re-appointment of Non-Executive Director (Including Remuneration)
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 1.54% · other public 0.41%

    Turnout: all 62.62% · promoters 81.64% · institutions 82.09% · other public 0.96%

  5. Ratification of Remuneration of Cost Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 62.63% · promoters 81.64% · institutions 82.09% · other public 0.96%

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, 21 Mar 2024, 2 resolutions

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

  1. Appointment of Mr. Arun L. Todarwal (DIN:00020916) as an Independent Director.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.23% · other public 1.13%

    Turnout: all 74.71% · promoters 100.00% · institutions 83.05% · other public 0.25%

  2. Re-appointment of Ms. Amrita V. Chowdhury (DIN:02178520) as an Independent Director.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.43% · other public 1.13%

    Turnout: all 74.71% · promoters 100.00% · institutions 83.05% · other public 0.25%

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

Postal ballot, 7 Oct 2023, 3 resolutions

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

  1. Appointment of Mr. Manu Mahmud Parpia (DIN:00118333) as a Non Executive Independent Director of the Company
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.14% · other public 0.19%

    Turnout: all 74.50% · promoters 100.00% · institutions 78.22% · other public 2.72%

  2. Appointment of Dr. Ramakrishnan Ramamurthi (DIN:00120246) as an Independent Director of the Company
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.14% · other public 0.17%

    Turnout: all 74.50% · promoters 100.00% · institutions 78.22% · other public 2.72%

  3. Appointment of Mr. Manish Ishwarlal Panchal (DIN:08431492) as an Independent Director of the Company
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.14% · other public 0.17%

    Turnout: all 74.50% · promoters 100.00% · institutions 78.22% · other public 2.72%

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, 4 Aug 2023, 7 resolutions

Present: 7 promoters and 34 others.The company's voting result (opens in a new tab)

  1. To consider and adopt audited stadalone and consolidated financial statements of the Company for th financial year ended 31 March 2023, together with the report of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 60.79% · promoters 81.64% · institutions 77.77% · other public 0.51%

  2. To declare final dividend on equity shares for the financial year ended 31 March 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 60.81% · promoters 81.64% · institutions 78.16% · other public 0.51%

  3. To appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055), who retires by rotation and being eligible, offers herself for reappointment.
    Ordinary
    97.70% for2.30% against

    Against: promoters 0.00% · institutions 24.91% · other public 0.69%

    Turnout: all 51.30% · promoters 67.76% · institutions 78.16% · other public 0.51%

  4. To approve continuation of diretorship by Mrs. Sudha S. Patel (DIN: 00187055) as a Non-executive Director of the Company.
    Special
    97.73% for2.27% against

    Against: promoters 0.00% · institutions 24.60% · other public 1.00%

    Turnout: all 51.30% · promoters 67.76% · institutions 78.16% · other public 0.51%

  5. To approve re-appointment of Mr. Krishna S. Patel (DIN: 01519572) as Chairman and Managing Director for a period of five years.
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.51% · other public 0.68%

    Turnout: all 51.10% · promoters 67.47% · institutions 78.16% · other public 0.51%

  6. To approve payment of remuneration to Mr. Krishna S. Patel (DIN: 01519572) as Chairman and Managing Director
    SpecialPromoters have an interest in it
    97.35% for2.65% against

    Against: promoters 0.00% · institutions 28.66% · other public 0.68%

    Turnout: all 51.10% · promoters 67.47% · institutions 78.16% · other public 0.51%

  7. To ratify remuneration payable to M/s Y S Thakar & Co., Cost Accountants (FRN 000318), Cost Auditors of the Company, for the financial year ending 31 March 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 60.81% · promoters 81.64% · institutions 78.16% · other public 0.51%

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, 8 Aug 2022, 4 resolutions

Present: 7 promoters and 44 others.The company's voting result (opens in a new tab)

  1. To consider and adopt audited standalone and consolidated financial statements for the financial year ended 31 March 2022, together with the report of the Directors and Auditors thereon
    Ordinary
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 89.20%

    Turnout: all 61.76% · promoters 81.64% · institutions 64.28% · other public 2.35%

  2. To declare final dividend on equity shares for the financial year ended 31 March 2022.
    Ordinary
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 89.17%

    Turnout: all 61.77% · promoters 81.64% · institutions 64.36% · other public 2.35%

  3. To appoint a Director in place of Mrs. Sudha S. Patel (DIN: 00187055), who retires by rotation and being eligible, offers herself for reappointment
    Ordinary
    91.52% for8.48% against

    Against: promoters 0.00% · institutions 79.58% · other public 89.80%

    Turnout: all 55.28% · promoters 72.16% · institutions 64.36% · other public 2.35%

  4. To ratify remuneration payable of M/s. Y. S. Thakar & Co., Cost Accountants (FRN – 000318), Cost Auditor of the Company for the financial year ending 31 March 2023.
    Ordinary
    99.18% for0.82% against

    Against: promoters 0.00% · institutions 0.24% · other public 89.57%

    Turnout: all 61.77% · promoters 81.64% · institutions 64.36% · other public 2.36%

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

How mutual funds voted

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

Mutual fund votes, meeting of 27 Jul 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Adoption of Audited Standalone Financial Statements for the financial year ended 31 March 2026.
    3 for0 against
  • Adoption of Audited Consolidated Financial Statements for the financial year ended 31 March 2026.
    3 for0 against
  • Declaration of dividend.
    3 for0 against
  • Appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055), Non-Executive, Non-Independent Director, who retires by rotation and being eligible, seeks re-appointment and continuation in offfice
    3 for0 against
  • Appointment of Mr. Rajesh G. Upadhyay (DIN:10963113) as a Director of the Company.
    3 for0 against
  • Appointment of Mr. Rajesh G. Upadhyay (DIN:10963113) as a Whole-time Director of the Company, Designated as Executive Director (Commercial and Operations).
    3 for0 against
  • Ratification of cost auditors remuneration for the financial year ending 31 March 2027.
    3 for0 against

Mutual fund votes, meeting of 30 Jul 2025, 10 fund houses

  • Adoption of audited standalone financial statements
    10 for0 against
  • Adoption of audited consolidated financial statements.
    10 for0 against
  • Declaration of dividend.
    10 for0 against
  • Appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055) who retires from office by rotation, and being eligible, offers herself for re-appointment and continuation in office.
    10 for0 against
  • Appointment of secretarial auditor and approval of her remuneration.
    10 for0 against
  • Ratification of cost auditors remuneration for the financial year ending 31 March 2026.
    10 for0 against
6 earlier meetings

Mutual fund votes, meeting of 12 Dec 2024, 7 fund houses

  • To Alter (Substitute) the Object Clause of the Memorandum of Association (MOA) of the Company
    7 for0 against

Mutual fund votes, meeting of 2 Aug 2024, 5 fund houses

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

  • To receive, consider, and adopt the audited financialnstatements of the Company for the financial yearnended 31 March 2024 and the reports of the Board ofnDirectors and statutory auditors thereon.
    5 for0 against
  • Declaration of Dividend
    5 for0 against
  • Appointment of Statutory Auditors
    5 for0 against
  • Appointment/ Re-appointment of Non-Executive Director (Including Remuneration)
    4 for0 against
  • Ratification of Remuneration of Cost Auditors
    5 for0 against
1 proposal not matched to one resolution
  • Reelect Sudha S. Patel as Director
    1 for0 against

Mutual fund votes, meeting of 21 Mar 2024, 7 fund houses

  • Appointment of Mr. Arun L. Todarwal (DIN:00020916) as an Independent Director.
    7 for0 against
  • Re-appointment of Ms. Amrita V. Chowdhury (DIN:02178520) as an Independent Director.
    7 for0 against

Mutual fund votes, meeting of 7 Oct 2023, 6 fund houses

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

  • Appointment of Mr. Manu Mahmud Parpia (DIN:00118333) as a Non Executive Independent Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNon-compliant: with Companies Act and SEBI LODR. Approval from shareholders not taken in next General meeting. Appointment without serving the cooling off period of three years.
    4 for1 against
  • Appointment of Dr. Ramakrishnan Ramamurthi (DIN:00120246) as an Independent Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNon-compliant: with Companies Act and SEBI LODR. Approval from shareholders not taken in next General meeting.
    4 for1 against
  • Appointment of Mr. Manish Ishwarlal Panchal (DIN:08431492) as an Independent Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNon-compliant: with Companies Act and SEBI LODR. Approval from shareholders not taken in next General meeting.
    4 for1 against
3 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

Mutual fund votes, meeting of 4 Aug 2023, 5 fund houses

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

  • To consider and adopt audited stadalone and consolidated financial statements of the Company for th financial year ended 31 March 2023, together with the report of the Board of Directors and Auditors thereon.MoreLess
    4 for0 against
  • To declare final dividend on equity shares for the financial year ended 31 March 2023.
    5 for0 against
  • To appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055), who retires by rotation and being eligible, offers herself for reappointment.
    5 for0 against
  • To approve continuation of diretorship by Mrs. Sudha S. Patel (DIN: 00187055) as a Non-executive Director of the Company.
    5 for0 against
  • To approve re-appointment of Mr. Krishna S. Patel (DIN: 01519572) as Chairman and Managing Director for a period of five years.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Holding CMD Position may lead to concentration of power. No absolute cap on the total remuneration / variable pay proposed.
    4 for1 against
  • To approve payment of remuneration to Mr. Krishna S. Patel (DIN: 01519572) as Chairman and Managing Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Holding CMD Position may lead to concentration of power. No absolute cap on the total remuneration / variable pay proposed.
    4 for1 against
  • To ratify remuneration payable to M/s Y S Thakar & Co., Cost Accountants (FRN 000318), Cost Auditors of the Company, for the financial year ending 31 March 2024
    5 for0 against
1 proposal not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

Mutual fund votes, meeting of 8 Aug 2022, 5 fund houses

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

  • To consider and adopt audited standalone and consolidated financial statements for the financial year ended 31 March 2022, together with the report of the Directors and Auditors thereon
    4 for0 against
  • To declare final dividend on equity shares for the financial year ended 31 March 2022.
    4 for0 against
  • To appoint a Director in place of Mrs. Sudha S. Patel (DIN: 00187055), who retires by rotation and being eligible, offers herself for reappointment
    Against Franklin Templeton Mutual Fund, Nippon India Mutual Fund
    • Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because the board independence norms are not met and Sudha Patel is a non-independent director nominee.
    • Nippon India Mutual FundOrdinary resolution for director above 75 years age
    2 for2 against
  • To ratify remuneration payable of M/s. Y. S. Thakar & Co., Cost Accountants (FRN – 000318), Cost Auditor of the Company for the financial year ending 31 March 2023.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow audit fees
    3 for1 against
4 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

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

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Jun 2026.
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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.