NLC India MD, chairman, board of directors and AGM

Mutual fund votes, meeting of 29 Sep 2026, 10 fund houses so far (houses' deadline to file 15 Oct 2026)

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

• To receive, consider and adopt the Standalone Audited Financial Statements and Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Reports of the Board of Directors and Statutory Auditors thereon and the comments of the Comptroller and Auditor General of India.MoreLess

  ›Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundNon-disclosure of financial statements of Subsidiaries for FY 2025-26 on website. Governance concern: Non-Compliant Audit Committee at the time of approval of financial statements. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
  • DSP Mutual FundWe have relied upon the auditors' report, which has raised emphases of matter regarding material uncertainty related to going concern due to non-availability of adequate quantum of land for lignite mining operations at the Neyveli and Barsingsar mines. The auditors have also drawn attention to the sub judice dispute over amounts billed to DISCOMs under VSVS and to pending tariff true-up petitions for the 2019-2024 and 2024-2029 control periods. The auditors have further drawn attention, in the standalone financial statements, to the transfer of the company's 1,430 MW renewable energy undertaking to its wholly owned subsidiary, NLC India Renewables Limited, under a Business Transfer Agreement for a lumpsum consideration of Rs. 24.2 bn, executed during the year though the auditors' opinion is not modified in respect of any of these matters. Except for these matters, the auditors are of the opinion that the financial statements are prepared in accordance with the generally accepted accounting policies and Indian Accounting Standards (IND-AS).We raise concern that the company has not constituted an audit committee in line with regulations and did not have sufficient independent directors on the board when the accounts were finalized. We do not support the resolution. We do not support the resolution.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundUnqualified Financial Statements (except certain non-material remarks identified in CARO report). Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of Subsidiaries for FY 2025-26 on website. Governance concern: Non-Compliant Audit Committee at the time of approval of financial statements. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
  • Jio BlackRock Mutual FundWe have relied upon the auditors' report, which has raised emphases of matter regarding material uncertainty related to going concern due to non-availability of adequate quantum of land for lignite mining operations at the Neyveli and Barsingsar mines. The auditors have also drawn attention to the sub judice dispute over amounts billed to DISCOMs under VSVS and to pending tariff true-up petitions for the 2019-2024 and 2024-2029 control periods. The auditors have further drawn attention, in the standalone financial statements, to the transfer of the company's 1,430 MW renewable energy undertaking to its wholly owned subsidiary, NLC India Renewables Limited, under a Business Transfer Agreement for a lumpsum consideration of Rs. 24.2 bn, executed during the year though the auditors' opinion is not modified in respect of any of these matters. Except for these matters, the auditors are of the opinion that the financial statements are prepared in accordance with the generally accepted accounting policies and Indian Accounting Standards (IND-AS). We raise concern that the company has not constituted an audit committee in line with regulations and did not have sufficient independent directors on the board when the accounts were finalized. We do not support the resolution. We do not support the resolution.

  4 for6 against
• To confirm the Interim Dividend paid @ ₹ 3.6 per equity share (36%) and to declare the Final Dividend @ ₹ 0.25 per equity share (2.5%) for the Financial Year 2025-26.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance Concern is raised in adoption of financial statements of the Company under resolution #1, final dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. Sufficient funds available for payment of final dividend. Governance Concern is raised in adoption of financial statements of the Company under resolution #1, final dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.

  6 for4 against
• To appoint a Director in place of Dr. Prasanna Kumar Acharya (DIN: 09625170), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern identified w.r.t. the merits of the proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.

  6 for4 against
• To appoint a Director in place of Dr. Suresh Chandra Suman (DIN: 09549424), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern identified w.r.t. the merits of the proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.

  6 for4 against
• To consider the appointment of Shri Rajesh Pratap Singh Sisodia (DIN: 10224070) as Director of the Company.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern identified w.r.t. the merits of the proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.

  6 for4 against
• To consider the appointment of Shri Anil Meshram (DIN: 06632929) as a Government Nominee Director of the Company.

  ›Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • DSP Mutual FundAnil Meshram, 55, is retired IAS Officer. He is presently serving as Principal Secretary, Energy Department, Government of Tamil Nadu. He has done Bachelor of Engineering in Computer Science. He will represent Government of India on the board. He is liable to retire by rotation. While his appointment is in line with statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director’s representation. We expect the Government of India to first address the board composition, before reappointing its nominees to the board. We do not support the resolution.Further, although not required under regulations, we expect the company to seek shareholders’ approval within three months of board appointment.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • Jio BlackRock Mutual FundAnil Meshram, 55, is retired IAS Officer. He is presently serving as Principal Secretary, Energy Department, Government of Tamil Nadu. He has done Bachelor of Engineering in Computer Science. He will represent Government of India on the board. He is liable to retire by rotation. While his appointment is in line with statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director’s representation. We expect the Government of India to first address the board composition, before reappointing its nominees to the board. We do not support the resolution. Further, although not required under regulations, we expect the company to seek shareholders’ approval within three months of board appointment.

  4 for6 against
• To consider the appointment of Shri Gopal Singh (DIN: 11815925) as a Government Nominee Director of the Company

  ›Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • DSP Mutual Fund, Jio BlackRock Mutual FundGopal Singh, 54, is retired Indian Forest Service Officer. He is presently serving as Joint Secretary in the Ministry of Coal, Government of India. He holds Ph.D. in Agronomy from Indian Agriculture Research Institute, New Delhi. He will represent Government of India on the board. He is liable to retire by rotation. While his appointment is in line with statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director’s representation. We expect the Government of India to first address the board composition, before reappointing its nominees to the board. We do not support the resolution.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointees. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.

  4 for6 against
• To consider the appointment of Shri Poonam Chandrakar (DIN: 11748295) as an Independent Director of the Company.

  ›Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance concern: Term of appointment is ambiguous and against spirit of the law.
  • DSP Mutual Fund, Jio BlackRock Mutual FundPoonam Chandrakar, 62, is a public administrator with over two decades of expertise in governance, public administration, and policy implementation. He holds a Bachelor's Degree in Arts from Kakatiya University, Warangal, and a Diploma in Marketing Management from Indira Gandhi National Open University (IGNOU). He has also completed courses in Journalism and Arogya Ratna. Public sources indicate that he has political affiliations, which we believe may unnecessarily politicize the decisions of the company and distract the management from its core focus. The company should have disclosed his political affiliation as a part of his profile. We do not support the resolution.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Term of appointment is ambiguous and against spirit of the law.

  4 for6 against
• To Sale/transfer Renewable Energy Assets of the Company to its Wholly owned Subsidiary, NLC India Renewables Limited.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundGovernance and transparency concern: Renewable energy undertaking proposed to be transferred to the wholly owned subsidiary at book value, while the subsidiary is proposed to be listed and the Company's shareholding is diluted, without clear disclosure of the post-listing shareholding pattern and adequate safeguards for existing shareholders. Further, the Audit Committee of the Company is non-compliant.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. Governance and transparency concern: Renewable energy undertaking proposed to be transferred to the wholly owned subsidiary at book value, while the subsidiary is proposed to be listed and the Company's shareholding is diluted, without clear disclosure of the post-listing shareholding pattern and adequate safeguards for existing shareholders. Further, the Audit Committee of the Company is non-compliant.

  6 for4 against
• To consider & ratify the remuneration of Cost Auditors of the Company for the Financial Year 2026-27.

  2 for0 against
• To consider appointment of Dr. Prasanna Kumar Acharya (DIN: 09625170) as Chairman cum Managing Director of the Company.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund

  • Angel One Mutual FundThe Company has not provided notice prior to 21 days. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.
  • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual FundCompliant with law. No concern identified w.r.t. the merits of the proposed appointees. Non-Compliant with Companies act and SS- 2 Secretarial standard on general meeting: The Company has not provided notice prior to 21 days. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors and Woman Director/ Woman Independent Director.

  5 for4 against

Mutual fund votes, meeting of 27 Sep 2025, 22 fund houses

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

• To receive, consider and adopt the Standalone Audited Financial Statements including Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March, 2025, together with the Reports of the Board of Directors and Statutory Auditors thereon and the comments of the Comptroller and Auditor General of India.MoreLess

  22 for0 against
• To confirm the Interim Dividend paid @ Rs. 1.50 per equity share (15%) and to declare the Final Dividend @ Rs. 1.50 per equity share (15%) for the Financial Year 2024-25.

  22 for0 against
• To appoint a Director in place of Shri Samir Swarup (DIN: 09648745), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual Fund, LIC Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director.
  • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director.

  15 for7 against
• To appoint a Director in place of Shri M Venkatachalam (DIN: 10045337), who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual Fund, LIC Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director.
  • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director.

  15 for7 against
• To consider the Re-appointment of Shri Meethale Thundiyil Ramesh (DIN: 07313892) as an Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundNo cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval;Term of appointment is ambiguous.
  • Axis Mutual Fund, Jio BlackRock Mutual Fund, Sundaram Mutual FundM.T. Ramesh, 55, is a social worker who has been involved in various social service activities for the past three decades. He is also involved in philanthropy. He was Independent Director on the boardfrom 6 April 2022 till 25 March 2024. Public sources suggest that he has political affiliations, which we believe may unnecessarily politicize the decisions of the company and distract the management from its core focus. We expect the company to disclose any political affiliations of its directors in the meeting notice. We do not support the resolution. Further, while public sector enterprises are exempt from the requirement of seeking shareholder approval within three months of the appointment date, as good practice, the company should have sought approval within three months.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNo concern on the merits of Director. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
  • LIC Mutual FundConcerns over No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders approval; Term of appointment is ambiguous and against spirit of the law.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundNon-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Delayed Shareholders’ approval
  • UTI Mutual FundPublic sources suggest that he has political affiliations.

  8 for14 against
• To consider the appointment of Dr. Vasant Ashok Patil (DIN: 09352913) as an Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous; Appointment for a period of 1 year only.
  • Axis Mutual Fund, Jio BlackRock Mutual Fund, Sundaram Mutual FundDr. Vasant Ashok Patil, 52, is an Ophthalmologist with over 22 years of experience. He is President, Ekal Vidyalya Shahada Anchal Samiti and Chairperson, Saraswati Vidya Mandir. He is involved in social initiatives spanning education, health, farming, and self-employment. There is no clarity on his past experience - we expect the company to provide granular details regarding his experience. Given the lack of clarity, we are unable to determine his suitability to be on this board. Therefore, we are unable to support the resolution. Further, while public sector enterprises are exempt from the requirement of seeking shareholder approval within three months of the appointment date, as good practice, the company should have sought approval within three months.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNo concern on the merits of Directors. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law; Appointment for a period of 1 year only.
  • LIC Mutual FundGovernance concern: Delayed Shareholders approval; Term of appointment is ambiguous and against spirit of the law; Appointment for a period of 1 year only.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law. Appointment as ID for a period of only one year.
  • UTI Mutual FundDr. Vasant Ashok Patil, 52, is an Ophthalmologist with over 22 years of experience. He is President, Ekal Vidyalya Shahada Anchal Samiti and Chairperson, Saraswati Vidya Mandir. He is involved in social initiatives spanning education, health, farming, and self-employment. There is no clarity on his past experience - we expect the company to provide granular details regarding his experience. Given the lack of clarity, we are unable to determine his suitability to be on this board. Therefore, we are unable to support the resolution.

  8 for14 against
• To consider the appointment of Shri Pradeep Kumar Saraogi (DIN: 03083365) as an Independent Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous; Appointment for a period of 1 year only.
  • Axis Mutual Fund, Jio BlackRock Mutual Fund, Sundaram Mutual FundPradeep Kumar Saraogi, 53, is District President, District Olympic Association and Patron, Amateur Mallakhamb Association, Uttar Pradesh. He is a member of Bharatiya Janata Party's State Working Committee. We do not support his appointment as an Independent Director, as we believe his political affiliations may unnecessarily politicize the decisions of the company and distract the management from its core focus. We do not support the resolution. Further, while public sector enterprises are exempt from the requirement of seeking shareholder approval within three months of the appointment date, as good practice, the company should have sought approval within three months.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNo concern on the merits of Directors. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law; Appointment for a period of 1 year only.
  • LIC Mutual FundGovernance concern: Delayed Shareholders approval; Term of appointment is ambiguous and against spirit of the law; Appointment for a period of 1 year only.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law. Appointment as ID for a period of only one year.
  • UTI Mutual FundPublic sources suggest that he has political affiliations.

  8 for14 against
• To consider the appointment of Shri Sanoj Kumar Jha (DIN: 11100701) as a Government Nominee Director of the Company.

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director; Delayed shareholder’s approval.
  • Axis Mutual Fund, Jio BlackRock Mutual Fund, Sundaram Mutual FundSanoj Kumar Jha, 51, is Additional Secretary, Ministry of Coal, Government of India. He is an Indian Administrative Service Officer of 1997 batch Sikkim cadre. He possesses experience in the fields of district administration, rural development, planning, tourism, commerce and industry, animal husbandry, mines & geology, power and food processing. He is liable to retire by rotation. While his appointment is in line with statutory requirements, we are unable to support his appointment on the board as the board composition is not compliant with regulations on independent director representation. We expect the ministry to first address the board composition, before appointing/reappointing their nominees on the board. We do not support the resolution. Further, while public sector enterprises are exempt from the requirement of seeking shareholder approval within three months of the appointment date, as good practice, the company should have sought approval within three months.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director; delayed shareholder’s approval.
  • LIC Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & Woman Independent Director; delayed shareholder s approval.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman Independent Director. Delayed approval of shareholders.

  9 for13 against
• To consider & ratify the remuneration of Cost Auditors of the Company for the Financial Year 2025-26.

  22 for0 against
• To consider the appointment of Secretarial Auditor of the Company for a term of 5 (five) years from FY 2025-26 to FY 2029-30.

  20 for0 against

• Fine or penaltyNational Stock Exchange of India LimitedSince 27 May 2026

  Imposed a Fine of Rs. 5,68,760/- with respect to non-compliance under Regulation 17(1), 18(1), 19(1)/(2), 20(2)/(2A) and 21(2), of SEBI (LODR), Regulations, 2015.

  Regulation 17(1), 18(1), 19(1)/(2), 20(2)/(2A) and 21(2), Non-Compliance pertaining to Composition of the Board of Directors, including the failure to appoint women director.
• Fine or penaltyBSE LimitedSince 27 May 2026

  Imposed a Fine of Rs. 5,68,760/- with respect to non-compliance under Regulation 17(1), 18(1), 19(1)/(2), 20(2)/(2A) and 21(2), of SEBI (LODR), Regulations, 2015.

  Regulation 17(1), 18(1), 19(1)/(2), 20(2)/(2A) and 21(2), Non-Compliance pertaining to Composition of the Board of Directors, including the failure to appoint women director
• Tax disputeNLCILSince 25 Nov 2019
  Pending in High Court of Madras (Madurai Bench). W.P. filed challenging Notification was upheld and it is proposed to file appeal before Honble. Supreme Court. W.P. filed for challenging merits pending for listing.MoreLess
  At the filing before: Pending in High Court of Madras (Madurai Bench)
• Tax disputeIncome Tax DepartmentSince 28 Jul 2021
  Pending with Madras High Court

In the company's own words, from its latest governance filing.

The board is made up as the listing rules require

No

The board has a regular chairperson

Yes

The company has a risk management committee

Yes

The chair is related to the managing director

No

The filing has a part on fines and penalties

Yes

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.