Nitin Spinners CEO, MD, chairman, board of directors and AGM
NSE: NITINSPINBSE: 532698Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹622.95.
- Next results date: the board meets on 31 Oct 2026 to consider: financial results.
- 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.
- ₹3,383 Cr1,099th 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 8 Aug 2026
- 16.0
- 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 8 May 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.50%
- 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 8 Aug 2026
- 15.2%
- 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 8 Aug 2026
- 13.4%
- 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 8 May 2026
- 0.76
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,37,27954.2% delivered
Nitin Spinners 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 director and CEODINESH NOLKHARelated to the promoter
- Managing directorNITIN NOLAKHA
- Company Secretary and Compliance OfficerSUDHIR KUMAR GARG
6 directors3 independent3 executive
- DINESH NOLKHA · Chairperson and managing director and CEOExecutive · joined Oct 1992 · reappointed Oct 2022 · 1 listed board · 1 committee seat
- NITIN NOLAKHA · Managing directorExecutive · joined Oct 1998 · reappointed Oct 2024 · 1 listed board · 1 committee seat
- ROHIT SWADHEEN MEHTAIndependent · joined Dec 2021 · reappointed Dec 2021 · 57 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RISHABH CHAND LODHAIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 1 as chair
- PRATYUSH NOLKHAExecutive · joined Jul 2024 · reappointed Jul 2024 · 1 listed board
- VIBHA ARENIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
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
- 8 Aug 20266 of 6 present3 independent
- 8 May 20266 of 6 present3 independent
Audit Committee
Chair ROHIT SWADHEEN MEHTA
RISHABH CHAND LODHA, VIBHA AREN
- 8 Aug 20263 of 3 present3 independent
- 8 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair ROHIT SWADHEEN MEHTA
RISHABH CHAND LODHA, VIBHA AREN
- 8 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair VIBHA AREN
DINESH NOLKHA, NITIN NOLKHA
No meeting listed in the filing.
Risk Management Committee
Chair DINESH NOLKHA
PURUSHTOOM MAHESHWARI, RISHABH CHAND LODHA
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair DINESH NOLKHA
ROHIT SWADHEEN MEHTA, NITIN NOLKHA
- 8 Aug 20263 of 3 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.
- KALANI & CO LLPPeer-review certificate valid to Mar 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Nitin Spinners 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.Nitin Spinners dividend history
Annual general meeting, 21 Sep 2026
32,745 shareholders on the register on 14 Sep 2026; present: 12 promoters and 43 others; votes counted by CS MANOJ MAHESHWARI / V. M. & ASSOCIATES.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Board's and Auditors' Reports thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 72.13% · promoters 100.00% · institutions 91.49% · other public 0.37%
- To declare Final Dividend of Rs.3.00 per Equity Share for the financial year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 72.13% · promoters 100.00% · institutions 91.49% · other public 0.37%
- To appoint a Director in place of Shri Dinesh Nolkha (DIN:00054658) who retires by rotation and being eligible offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 72.13% · promoters 100.00% · institutions 91.49% · other public 0.37%
- Re-appointment of Sh. Rohit Swadheen Mehta Director as an Independent Director of the Company for a second term of five consecutive years w.e.f. 30th December, 2026.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.07% · other public 0.92%
Turnout: all 72.13% · promoters 100.00% · institutions 91.49% · other public 0.37%
- Ratification of Remuneration of Cost Auditors for the Financial Year 2026-27.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 4.45%
Turnout: all 72.13% · promoters 100.00% · institutions 91.49% · other public 0.37%
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, 13 Mar 2026, 2 resolutions
35,246 shareholders on the register on 6 Feb 2026; votes counted by CS MANOJ MAHESHWARI / V. M. & ASSOCIATES.The company's voting result (opens in a new tab)
- Authorization to Board of Directors to borrow money under Section 180 (1)( c ) of the Companies Act ,2013Special99.90% for0.10% against
Against: promoters 0.00% · institutions 0.50% · other public 0.41%
Turnout: all 71.58% · promoters 100.00% · institutions 95.31% · other public 0.57%
- Authorization to Board of Directors for Creation of Security on increased Borrowing Power under Section 180(1)(a) of the Companies Act ,2013Special99.90% for0.10% against
Against: promoters 0.00% · institutions 0.50% · other public 0.41%
Turnout: all 71.58% · promoters 100.00% · institutions 95.31% · other public 0.57%
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, 6 Sep 2025, 5 resolutions
36,603 shareholders on the register on 30 Aug 2025; present: 12 promoters and 45 others; votes counted by CS MANOJ MAHESHWARI / V. M. & ASSOCIATES.The company's voting result (opens in a new tab)
- To adopt the Udited Financial Statements of the Company for the Financial year ended 31st March 2025 together with the Board's and Auditors Reports thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 72.70% · promoters 100.00% · institutions 96.12% · other public 0.20%
- To declare Final Dividend of Rs 3.00 Per Equity Shares for the Financial Year ended 31 st March, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 72.70% · promoters 100.00% · institutions 96.12% · other public 0.20%
- To appoint a Director in lace of Shri Pratyush Nolkha (DIN: 10704970) who retires by rotation and being eligible offers himself for re-appointementOrdinary99.70% for0.30% against
Against: promoters 0.00% · institutions 1.36% · other public 0.36%
Turnout: all 72.70% · promoters 100.00% · institutions 96.12% · other public 0.19%
- Appointment of Secretarial AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 72.70% · promoters 100.00% · institutions 96.12% · other public 0.19%
- Ratification of Remuneration of Cost Auditors for the Financial Year 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.92%
Turnout: all 72.70% · promoters 100.00% · institutions 96.12% · other public 0.19%
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.
Annual general meeting, 16 Sep 2024, 10 resolutions
Present: 12 promoters and 38 others.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statement of the Company for the Financial year ended 31st March, 2024 together with the Board's and Auditors' Reports thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.53%
- To declare Final Dividend of Rs 2.50 per Equity Shares for the Financial year ended 31st March, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.34%
Turnout: all 71.75% · promoters 100.00% · institutions 95.73% · other public 0.57%
- To appoint a Director in place of Shri Dinesh Nolkha (DIN: 00054658) who retires by rotation and being eligible offers himself for re-appointmentOrdinary94.15% for5.85% against
Against: promoters 0.00% · institutions 27.73% · other public 0.36%
Turnout: all 71.75% · promoters 100.00% · institutions 95.73% · other public 0.55%
- Re-designation of Shri Dinesh Nolkha as Chairman and Managing DirectorOrdinary94.15% for5.85% against
Against: promoters 0.00% · institutions 27.73% · other public 0.39%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
- Appointment of Shri Nitin Nolakha as Managing DirectorOrdinary94.15% for5.85% against
Against: promoters 0.00% · institutions 27.73% · other public 0.39%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
- Appointment of Shri Pratyush Nolakha as Executive DirectorOrdinary93.93% for6.07% against
Against: promoters 0.00% · institutions 28.79% · other public 0.39%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
- Appointment of Smt. Vibha Aren as Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.63%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
- Authorization to Board of Director to borrow money under section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.63%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
- Authorization to Board of Director for creation of Security on incresed borrowing power under section 180(1)(a) of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.63%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
- Ratification of Remuneration of Cost Auditors for the Financial Year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 71.74% · promoters 100.00% · institutions 95.73% · other public 0.52%
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, 27 Dec 2023, 2 resolutions
Present: 9 promoters and 27 others.The company's voting result (opens in a new tab)
- Appoinment of Shri Rishabh Chand lodha (DIN:07177605) as an Independent 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 69.40% · promoters 98.86% · institutions 95.53% · other public 0.10%
- Modification in terms of Appointment of Shri Dinesh Nolkha, Managing Director (Din :00054658) thereby making him liable to retire by rotation.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.40% · promoters 98.86% · institutions 95.53% · other public 0.10%
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, 18 Sep 2023, 4 resolutions
Present: 10 promoters and 38 others.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2023 together with the Board's and Auditors' Reports thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 57.73% · promoters 80.61% · institutions 97.12% · other public 0.52%
- To declare Final Dividend of Rs.2.50 per Equity Shares for the financial year ended 31st March, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.48%
Turnout: all 57.88% · promoters 80.61% · institutions 98.28% · other public 0.52%
- To appoint a Director in place of Shri Nitin Nolakha (DIN 00054707) who retires by rotation and being eligible offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.61%
Turnout: all 57.88% · promoters 80.61% · institutions 98.28% · other public 0.52%
- Ratification of Remuneration of Cost Auditors for the Financial Year 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.74%
Turnout: all 57.88% · promoters 80.61% · institutions 98.28% · other public 0.52%
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, 15 Sep 2022, 8 resolutions
Present: 10 promoters and 42 others.The company's voting result (opens in a new tab)
Adoption of Audited Financial StatementsnTo adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 together with the Board’s and Auditors’ Reports thereon. nMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 64.12% · promoters 100.00% · institutions 85.66% · other public 0.36%
- Declaration of Final DividendnTo declare Final Dividend of Rupees 2.50 per Equity Shares for the financial year ended 31st March, 2022Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
Re-Appointment of a Director liable to retire by rotationnTo appoint a Director in place of Shri Ratan Lal Nolkha (DIN 00060746) who retires by rotation and being eligible offers himself for re-appointmentMoreLess
Ordinary97.53% for2.47% againstAgainst: promoters 0.00% · institutions 20.27% · other public 0.59%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
- Re-appointment of Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
- Appointment of Shri Ratan Lal Nolkha, Non-Executive Director (Chairman)Special94.54% for5.46% against
Against: promoters 0.00% · institutions 44.90% · other public 0.34%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
- Re-appointment of Shri Dinesh Nolkha, Managing DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
- Appointment of Shri Rohit Swadheen Mehta, Independent DirectorSpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.52% · other public 0.78%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
- Ratification of Remuneration of Cost Auditors for the Financial Year 2022-23Ordinary97.53% for2.47% against
Against: promoters 0.00% · institutions 20.27% · other public 0.92%
Turnout: all 64.30% · promoters 100.00% · institutions 87.66% · other public 0.36%
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.
Annual general meeting, 16 Sep 2021, 6 resolutions
Present: 11 promoters and 47 others.The company's voting result (opens in a new tab)
Adoption of Audited Financial Statements - To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2021ntogether with the Board's and Auditors' Reports thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.92% · promoters 100.00% · institutions 86.60% · other public 2.03%
- Declaration of Dividend- To declare Dividend of Rupess 1.50 per Equity Shares for the Financial year ended 31st March, 2021.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 63.00% · promoters 100.00% · institutions 87.68% · other public 2.03%
Re-Appointment of a Director liable to retire by rotation - To appoint a Director in place of Shri Nitin Nolakha (DIN 00054707) who retires by rotation and being eligible offers himself for re-appointment.MoreLess
Ordinary97.98% for2.02% againstAgainst: promoters 0.00% · institutions 20.94% · other public 0.00%
Turnout: all 63.00% · promoters 100.00% · institutions 87.68% · other public 2.03%
- Re-appointment of Shri Ratan Lal Nolkha, Executive ChairmanSpecial99.72% for0.28% against
Against: promoters 0.00% · institutions 0.00% · other public 23.80%
Turnout: all 63.00% · promoters 100.00% · institutions 87.68% · other public 2.03%
- Re-appointment of Shri Nitin Nolakha, Joint Managing DirectorSpecial97.70% for2.30% against
Against: promoters 0.00% · institutions 20.94% · other public 23.77%
Turnout: all 63.00% · promoters 100.00% · institutions 87.68% · other public 2.03%
- Ratification of Remuneration of Costs Auditors for the Financial Year 2021-22Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.00% · promoters 100.00% · institutions 87.68% · other public 2.03%
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 21 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
- To adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Board's and Auditors' Reports thereon.2 for0 against
- To declare Final Dividend of Rs.3.00 per Equity Share for the financial year ended 31st March, 2026.2 for0 against
- To appoint a Director in place of Shri Dinesh Nolkha (DIN:00054658) who retires by rotation and being eligible offers himself for re-appointment.2 for0 against
- Re-appointment of Sh. Rohit Swadheen Mehta Director as an Independent Director of the Company for a second term of five consecutive years w.e.f. 30th December, 2026.2 for0 against
- Ratification of Remuneration of Cost Auditors for the Financial Year 2026-27.2 for0 against
Mutual fund votes, meeting of 13 Mar 2026, 4 fund houses
1. To borrow for the purpose of business, from time to time, any sum or sums of money on such terms and conditions with or without security, as the Board may think fit, which together with the monies already borrowed by the Company (apart from the temporary loans obtained from the bankers of the Company in the ordinary course of business) and being borrowed by the Board at any time shall not exceed in the aggregate at any time Rs. 3000.00 Crores in Indian Rupees or equivalent thereof in any foreign currency(ies) irrespective of the fact that such aggregate amount of borrowings outstanding at any time may exceed the aggregate for the time being of the paid-up capital of the Company, securities premium and its free reserves that is to say reserves not set apart for any specific purpose.MoreLess
1 for0 against2. To mortgage and/or create charge on all or any one or more of the movable/immovable properties or such other assets of the Company, where so ever situated, both present and future, on such terms and conditions and at such time or times and in such form or manner as it may deem fit, to or in favour of the lenders to secure any fund based and/or non fund based facilities not exceeding Rs. 3000.00 Crores.MoreLess
1 for0 againstTo borrow for the purpose of business, from time to time, any sum or sums of money on such terms and conditions with or without security, as the Board may think fit, which together with the monies already borrowed by the Company (apart from the temporary loans obtained from the bankers of the Company in the ordinary course of business) and being borrowed by the Board at any time shall not exceed in the aggregate at any time Rs. 3000.00 Crores in Indian Rupees or equivalent thereof in any foreign currency(ies) irrespective of the fact that such aggregate amount of borrowings outstanding at any time may exceed the aggregate for the time being of the paid-up capital of the Company, securities premium and its free reserves that is to say reserves not set apart for any specific purpose.MoreLess
3 for0 againstTo mortgage and/or create charge on all or any one or more of the movable/immovable properties or such other assets of the Company, where so ever situated, both present and future, on such terms and conditions and at such time or times and in such form or manner as it may deem fit, to or in favour of the lenders to secure any fund based and/or non fund based facilities not exceeding Rs. 3000.00 Crores.MoreLess
3 for0 against
6 earlier meetings
Mutual fund votes, meeting of 6 Sep 2025, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To adopt the Udited Financial Statements of the Company for the Financial year ended 31st March 2025 together with the Board's and Auditors Reports thereon4 for0 against
- To declare Final Dividend of Rs 3.00 Per Equity Shares for the Financial Year ended 31 st March, 20255 for0 against
- To appoint a Director in lace of Shri Pratyush Nolkha (DIN: 10704970) who retires by rotation and being eligible offers himself for re-appointement
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with Law. Governance and Transparency Concern: No adequate justification on why the NRC/Board opines that the Director is fit for the Board despite limited experience.
4 for1 against - Appointment of Secretarial Auditors4 for0 against
- Ratification of Remuneration of Cost Auditors for the Financial Year 2025-265 for0 against
2 proposals not matched to one resolution
- 4. Appointment of SecretarialAuditors for first term of consecutive Five Years from 01.04.2025 to 31.03.2030.1 for0 against
- Accept Financial Statements and Statutory Reports1 for0 against
Mutual fund votes, meeting of 16 Sep 2024, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To adopt the Audited Financial Statement of the Company for the Financial year ended 31st March, 2024 together with the Board's and Auditors' Reports thereon4 for0 against
- To declare Final Dividend of Rs 2.50 per Equity Shares for the Financial year ended 31st March, 20244 for0 against
- To appoint a Director in place of Shri Dinesh Nolkha (DIN: 00054658) who retires by rotation and being eligible offers himself for re-appointment
Against Bandhan Mutual Fund
- Bandhan Mutual FundCompliant with Law. Governance concern: Combined position of Chairman and Managing Director.
2 for1 against - Re-designation of Shri Dinesh Nolkha as Chairman and Managing Director
Against Bandhan Mutual Fund
- Bandhan Mutual FundCompliant with Law. Governance concern: Combined position of Chairman and Managing Director.
3 for1 against - Appointment of Shri Nitin Nolakha as Managing Director
Against Bandhan Mutual Fund
- Bandhan Mutual FundCompliant with Law. Governance Concern: No Cap on Variable Pay
3 for1 against - Appointment of Shri Pratyush Nolakha as Executive Director
Against Bandhan Mutual Fund
- Bandhan Mutual FundCompliant with Law. Governance concern: Questions on the appointment process and no proper justification as to why a new post of Executive Director created to accommodate a family member.
3 for1 against - Appointment of Smt. Vibha Aren as Independent Director4 for0 against
- Authorization to Board of Director to borrow money under section 180(1)(c) of the Companies Act, 20133 for0 against
- Ratification of Remuneration of Cost Auditors for the Financial Year 2024-254 for0 against
5 proposals not matched to one resolution
1. Ordinary Business Adoption of Audited Financial statements of the company for the year ended March 31,2024 together with the Directors and Auditors Reports thereon. 2. To declare Final Dividend of Rs.2.50 per Equity Shares for the financial year ended 31st March, 2024 3. To appoint a Director in place of Shri Dinesh Nolkha (DIN:00054658) who retires by rotation and being eligible offers himself for re-appointment. 4. Re-designation of Sh. Dinesh Nolkha as Chairman and Managing Director 5. Appointment of Shri Nitin Nolakha as Managing Director 6. Appointment of Sh. Pratyush Nolakha as Executive Director 7. Appointment of Smt. Vibha Aren as Independent Director 8. Authorization to Board of Director to borrow money under Section 180(1)(c) of the Companies Act, 2013 9. Authorization to Board of Director for Creation of Security on increased Borrowing Power under Section 180(1)(a) of the Companies Act, 2013 10. Ratification of Remuneration of Cost Auditors for the Financial Year 2024-25MoreLess
1 for0 against- Approve Borrowing Powers1 for0 against
- Approve Pledging of Assets for Debt1 for0 against
- Reelect Dinesh Nolkha as Director1 for0 against
To mortgage and/ or create charge on all or any one or more of the movable/ immovable properties or such other assets of the Company, where so ever situated, both present and future, on such terms and conditions and at such time or times and in such form or manner as it may deem fit, to or in favour of the lenders to secure any fund based and/ or non fund based facilities not exceeding Rs. 2000.00 Crores together with interest thereon at the respective agreed rate(s), compound interest, additional interest, liquidated damage(s), commitment charge(s), premia on prepayment or redemption, cost charge(s) expenses and all other monies payable by the Company.MoreLess
3 for0 against
Mutual fund votes, meeting of 27 Dec 2023, 5 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Appoinment of Shri Rishabh Chand lodha (DIN:07177605) as an Independent Director of the Company.4 for0 against
- Modification in terms of Appointment of Shri Dinesh Nolkha, Managing Director (Din :00054658) thereby making him liable to retire by rotation.4 for0 against
1 proposal not matched to one resolution
- 1. APPOINTMENT OF SHRI RISHABH CHAND LODHA (DIN: 07177605) 2. MODIFICATION IN TERMS OF APPOINTMENT OF SHRI DINESH NOLKHA, MANAGING DIRECTOR (DIN : 00054658)1 for0 against
Mutual fund votes, meeting of 18 Sep 2023, 5 fund houses
- To adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2023 together with the Board's and Auditors' Reports thereon4 for0 against
- To declare Final Dividend of Rs.2.50 per Equity Shares for the financial year ended 31st March, 20234 for0 against
- To appoint a Director in place of Shri Nitin Nolakha (DIN 00054707) who retires by rotation and being eligible offers himself for re-appointment5 for0 against
- Ratification of Remuneration of Cost Auditors for the Financial Year 2023-244 for0 against
Mutual fund votes, meeting of 15 Sep 2022, 1 fund house
Adoption of Audited Financial StatementsnTo adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 together with the Board’s and Auditors’ Reports thereon. nMoreLess
1 for0 against- Declaration of Final DividendnTo declare Final Dividend of Rupees 2.50 per Equity Shares for the financial year ended 31st March, 20221 for0 against
Re-Appointment of a Director liable to retire by rotationnTo appoint a Director in place of Shri Ratan Lal Nolkha (DIN 00060746) who retires by rotation and being eligible offers himself for re-appointmentMoreLess
1 for0 against- Re-appointment of Statutory Auditors of the Company1 for0 against
- Appointment of Shri Ratan Lal Nolkha, Non-Executive Director (Chairman)1 for0 against
- Re-appointment of Shri Dinesh Nolkha, Managing Director1 for0 against
- Appointment of Shri Rohit Swadheen Mehta, Independent Director1 for0 against
- Ratification of Remuneration of Cost Auditors for the Financial Year 2022-231 for0 against
Mutual fund votes, meeting of 16 Sep 2021, 1 fund house
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Declaration of Dividend- To declare Dividend of Rupess 1.50 per Equity Shares for the Financial year ended 31st March, 2021.1 for0 against
Re-Appointment of a Director liable to retire by rotation - To appoint a Director in place of Shri Nitin Nolakha (DIN 00054707) who retires by rotation and being eligible offers himself for re-appointment.MoreLess
1 for0 against- Re-appointment of Shri Ratan Lal Nolkha, Executive Chairman1 for0 against
- Re-appointment of Shri Nitin Nolakha, Joint Managing Director1 for0 against
- Ratification of Remuneration of Costs Auditors for the Financial Year 2021-221 for0 against
1 proposal not matched to one resolution
- Adoption of Audited Financial Statements1 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
- 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.