OnMobile Global logo

OnMobile Global CEO, MD, chairman, board of directors and AGM

NSE: ONMOBILEBSE: 532944MediaSmall Cap

Last close ₹50.73down ₹2.69 (5.04%)BSE ₹50.73

Share price at the NSE close on 23 Oct 2026. Previous close ₹53.42.

52-week range of traded prices to 23 Oct 2026
₹40.21Low, 30 Mar 2026₹84.00High, 3 Jul 2026
Market cap
₹540 Cr1,799th largest listed
P/E
Lossover the last 12 months
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
−8.9%
ROE without one-offs
−6.6%
ROCE
−9.0%
Debt to equity
0.11
Volume, NSE
1,25,18940.1% delivered

OnMobile Global 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 chief executiveFrancois Charles Sirois
  • Company Secretary and Compliance OfficerP V Varaprasad

8 directors5 independent2 executive1 non-executive

  • Francois Charles Sirois · Chairperson and chief executiveExecutive · joined Sep 2014 · reappointed Sep 2024 · 1 listed board · 1 committee seat
  • Paul LamontagneIndependent · joined Dec 2020 · reappointed Dec 2025 · 69 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Shimi ShahIndependent · joined May 2024 · reappointed May 2024 · 29 months as independent · 1 listed board · 1 as independent
  • Ajai PuriIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Frederic LavoieNon-executive · joined Jul 2024 · reappointed Jul 2024 · 27 months as independent · 1 listed board · 1 committee seat
  • Radhika VenugopalExecutive · joined May 2025 · reappointed May 2025 · 19 months as independent · 1 listed board
  • Manoranjan MohapatraIndependent · joined Feb 2026 · reappointed Feb 2026 · 8 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Leo OlebeIndependent · joined May 2026 · reappointed May 2026 · 5 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Geeta Mathur, left 31 Dec 2024: Others

Committees and meetings

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

  • Board

    • 11 Aug 20268 of 8 present5 independent · 47 days in between
    • 24 Jun 20268 of 8 present5 independent · 36 days in between
    • 18 May 20268 of 8 present5 independent
  • Audit Committee

    Chair Ajai Puri

    Frederic Lavoie, Paul Lamontagne

    • 11 Aug 20263 of 3 present2 independent · 47 days in between
    • 24 Jun 20263 of 3 present2 independent · 36 days in between
    • 18 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Paul Lamontagne

    Shimi Shah, Frederic Lavoie, Manoranjan Mohapatra

    • 24 Jun 20264 of 4 present3 independent · 15 days in between
    • 8 Jun 20264 of 4 present3 independent · 20 days in between
    • 18 May 20264 of 4 present3 independent
  • Stakeholders Relationship Committee

    Chair Ajai Puri

    Francois Charles Sirois, Paul Lamontagne, Manoranjan Mohapatra

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Frederic Lavoie

    Paul Lamontagne, Ajai Puri, Manoranjan Mohapatra

    • 21 May 20264 of 4 present3 independent
  • Investment and Fund Raising Committee

    Chair Shimi Shah

    Paul Lamontagne, Frederic Lavoie, Leo Olebe

    • 15 Jul 20264 of 4 present3 independent · 96 days in between
  • Independent Directors

    • 18 May 20265 of 5 present5 independent
  • Investment Committee

    • 9 Apr 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 Jun 2026.

  • BSR& CO LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
  • BSR & Co LLPNamed in filings from Sep 2025 to Dec 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.

OnMobile Global 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.OnMobile Global dividend history

Annual general meeting, 11 Aug 2026

77,641 shareholders on the register on 4 Aug 2026; present: 1 promoter and 71 others; votes counted by Biswajith Ghosh / BMP & Co. LLP.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.36%

    Turnout: all 52.87% · promoters 100.00% · institutions 5.97% · other public 9.59%

  2. Appointment of François-Charles Sirois as a Director liable to retire by rotation
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.64%

    Turnout: all 52.87% · promoters 100.00% · institutions 5.97% · other public 9.59%

  3. Appointment of Leo Olebe (DIN: 11698973) as an Independent Director of the Company
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.64%

    Turnout: all 52.87% · promoters 100.00% · institutions 5.97% · other public 9.59%

  4. Approval for payment of Bonus for FY 2026 to François-Charles Sirois, Executive Chairman & CEO of the Company from OnMobile Global Spain S.L, subsidiary of the Company
    OrdinaryPromoters have an interest in it
    97.95% for2.05% against

    Against: promoters 0.00% · institutions 91.84% · other public 1.67%

    Turnout: all 4.99% · promoters 0.00% · institutions 5.97% · other public 9.59%

  5. Approval for revision of remuneration payable to Francois Charles Sirois, Executive Chairman & CEO of the Company from OnMobile Global Spain S.L., subsidiary of the Company
    OrdinaryPromoters have an interest in it
    97.96% for2.05% against

    Against: promoters 0.00% · institutions 91.84% · other public 1.67%

    Turnout: all 4.99% · promoters 0.00% · institutions 5.97% · other public 9.59%

  6. Approval for revision of remuneration payable to Radhika Venugopal, Whole-time Director & CFO from the Company
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.67%

    Turnout: all 52.87% · promoters 100.00% · institutions 5.97% · other public 9.59%

  7. Approval for re-appointment of Radhika Venugopal as Director/ Whole-time Director & CFO of the Company
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.44%

    Turnout: all 52.87% · promoters 100.00% · institutions 5.97% · other public 9.59%

  8. Payment of remuneration to non-executive directors including Independent Directors of the Company
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 91.84% · other public 1.66%

    Turnout: all 52.87% · promoters 100.00% · institutions 5.97% · other public 9.59%

  9. Material related Party transactions with ONMO INC, subsidiary of the Company
    OrdinaryPromoters have an interest in it
    98.56% for1.44% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.45%

    Turnout: all 4.99% · promoters 0.00% · institutions 5.97% · other public 9.59%

  10. Material related party transactions between OnMobile USA LLC and ONMO INC, subsidiaries of the Company
    OrdinaryPromoters have an interest in it
    98.58% for1.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 4.99% · promoters 0.00% · institutions 5.97% · other public 9.59%

  11. Material related party transactions between OnMobile Global Spain, S.L. and ONMO INC, subsidiaries of the Company
    OrdinaryPromoters have an interest in it
    98.58% for1.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 4.99% · promoters 0.00% · institutions 5.97% · other public 9.59%

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, 22 Apr 2026, 1 resolution

82,297 shareholders on the register on 20 Mar 2026; votes counted by Biswajit Ghosh / BMP & Co. LLP.The company's voting result (opens in a new tab)

  1. Appointment of Manoranjan Mohapatra (Mao) (DIN: 00043930) as a Non- Executive Independent Director
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.75%

    Turnout: all 48.41% · promoters 100.00% · institutions 37.69% · other public 0.73%

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, 23 Sep 2025, 6 resolutions

89,801 shareholders on the register on 16 Sep 2025; present: 0 promoters and 89 others; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 49.42% · promoters 100.00% · institutions 22.69% · other public 2.73%

  2. Appointment of Frederic Lavoie as a Director liable to retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 49.45% · promoters 100.00% · institutions 29.36% · other public 2.73%

  3. Re-appointment of Paul Lamontagne as Independent Director of the Company
    Special
    99.99% for0.01% against

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

    Turnout: all 49.45% · promoters 100.00% · institutions 29.36% · other public 2.73%

  4. Appointment of Parameshwar G Hegde (Reg No FCS 1325/C. P. No. :640) Company Secretary in Practice, as the Secretarial Auditor of the Company for a term of five consecutive years from the Financial Year 2025-26 to the Financial Year 2029-30MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.85%

    Turnout: all 49.45% · promoters 100.00% · institutions 29.36% · other public 2.73%

  5. Material related Party transactions with ONMO Inc. the subsidiary of the Company
    Ordinary
    90.35% for9.65% against

    Against: promoters 0.00% · institutions 99.66% · other public 0.19%

    Turnout: all 1.56% · promoters 0.00% · institutions 29.36% · other public 2.73%

  6. Material related party transactions between OnMobile USA LLC and ONMO Inc the Subsidiaries of the Company
    Ordinary
    90.35% for9.65% against

    Against: promoters 0.00% · institutions 99.66% · other public 0.19%

    Turnout: all 1.56% · promoters 0.00% · institutions 29.36% · other public 2.73%

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, 20 Jun 2025, 2 resolutions

92,100 shareholders on the register on 16 May 2025; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)

  1. Appointment of Radhika Venugopal (DIN: 10548693) as a Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.81%

    Turnout: all 48.93% · promoters 100.00% · institutions 43.08% · other public 1.71%

  2. Appointment of Radhika Venugopal (DIN: 10548693) as a Whole Time Director of the Company designated as ‘Whole-time Director and CFO’
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.81%

    Turnout: all 48.93% · promoters 100.00% · institutions 43.08% · other public 1.71%

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, 17 Jan 2025, 1 resolution

93,910 shareholders on the register on 13 Dec 2024; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)

  1. Approval for capital raising by way of issuance of equity shares and/ or equity linked securities by way of Qualified Institutions Placement ("QIP")
    Special
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.70%

    Turnout: all 48.97% · promoters 100.00% · institutions 67.16% · other public 1.74%

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

Annual general meeting, 25 Sep 2024, 5 resolutions

Present: 1 promoter and 74 others.The company's voting result (opens in a new tab)

  1. Adoption of financial statements for the financial year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 49.95% · promoters 100.00% · institutions 26.45% · other public 3.70%

  2. Appointment of François-Charles Sirois as a Director liable to retire by rotation
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 11.08% · other public 0.42%

    Turnout: all 49.98% · promoters 100.00% · institutions 32.86% · other public 3.71%

  3. Re-appointment of François-Charles Sirois as ‘Executive Chairman and CEO’ of the Company and payment of remuneration thereof
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 11.08% · other public 0.40%

    Turnout: all 49.98% · promoters 100.00% · institutions 32.86% · other public 3.71%

  4. Appointment of François-Charles Sirois, Executive Chairman and CEO of the Company as President in OnMobile Global Spain S.L., wholly owned subsidiary of the Company
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 11.08% · other public 0.43%

    Turnout: all 49.98% · promoters 100.00% · institutions 32.86% · other public 3.71%

  5. Appointment of Frédéric Lavoie as a Director
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 11.08% · other public 0.40%

    Turnout: all 49.98% · promoters 100.00% · institutions 32.86% · other public 3.71%

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, 19 Jun 2024, 4 resolutions

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

  1. Appointment of Ajai Puri (DIN: 06527868) as an Independent Director
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.92%

    Turnout: all 48.69% · promoters 100.00% · institutions 64.12% · other public 1.12%

  2. Appointment of Shimi Shah (DIN: 10590868) as an Independent Director
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.49%

    Turnout: all 48.69% · promoters 100.00% · institutions 64.12% · other public 1.12%

  3. Approval of change in designation of François-Charles Sirois, Executive Chairman as ‘Executive Chairman and Chief Executive Officer (CEO)’ on his appointment as CEO.
    SpecialPromoters have an interest in it
    99.82% for0.18% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.22%

    Turnout: all 48.69% · promoters 100.00% · institutions 64.12% · other public 1.12%

  4. Approval of payment of revised remuneration by OnMobile Global Solutions Canada Limited, wholly owned subsidiary of the Company, to François-Charles Sirois, Executive Chairman and CEO.
    SpecialPromoters have an interest in it
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.24%

    Turnout: all 48.69% · promoters 100.00% · institutions 64.12% · other public 1.12%

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

Annual general meeting, 25 Sep 2023, 3 resolutions

Present: 1 promoter and 73 others.The company's voting result (opens in a new tab)

  1. Adoption of financial statements for the financial year ended March 31, 2023
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 49.36% · promoters 100.00% · institutions 73.87% · other public 2.15%

  2. Appointment of Steven Fred Roberts as a Director liable to retire by rotation
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 5.30% · other public 0.42%

    Turnout: all 49.40% · promoters 100.00% · institutions 83.69% · other public 2.15%

  3. Payment of remuneration to non-executive directors including Independent Directors of the Company
    Special
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.25%

    Turnout: all 49.40% · promoters 100.00% · institutions 83.69% · other public 2.15%

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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 3 Apr 2021
    Case is currently pending and yet to be listed for hearing
    At the filing before: Completed assessments for AY 2013-14 to 2015-16 have been re-opened vide notices issued u/s 148 dated Mar 20, 2020 on the ground that the Company is not eligible to claim SEZ tax benefit u/s 10AA. Writ petitions have been filed by the Company before the Hon'ble High Court on Apr 03, 2021 and in the hearing that took place on Apr 16, 2021 the High Court has granted stay on the proceedings. Last hearing was held on Dec 05, 2025, during which the matter was adjourned at the request of the Department’s counselMoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 6 Sep 2022
    Case is currently pending and yet to be listed for hearing
    At the filing before: Completed assessments for AY 2016-17 have been re-opened vide notices issued u/s 148 dated Apr 23, 2021 on the ground that the Company is not eligible to claim SEZ tax benefit u/s 10AA. Writ petitions have been filed by the Company before the Hon'ble High Court on Sep 06, 2022 and in the hearing that took place on Sep 12, 2022 the High Court has granted stay on the proceedings. Last hearing was held on Dec 12, 2025, during which the matter was adjourned at the request of the Department’s counselMoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 26 Mar 2026
    Appeal before CIT(A) is filed by the company on Mar 26, 2026 and Hearings are on-going
    At the filing before: Reassessment has been completed vide order dated Feb 24, 2026, passed u/s 147 read with section 143(3), wherein foreign remittances were disallowed due to non-deduction of TDS.
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 28 Mar 2026
    Appeal before CIT(A) is filed by the company on Apr 22, 2026 and the appeal is yet to be taken up for regular hearings
    At the filing before: Assessment completed vide order dated Mar 28, 2026 passed u/s 143(3). Major disallowances being transfer pricing adjustment and foreign remittances due to non-deduction of TDS
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 28 Mar 2025
    Regular hearings are yet to be taken up
    At the filing before: Assessment completed vide order dated Mar 01, 2025 passed u/s 143(3) for AY2022-23. Major disallowanes being transfer pricing adjustment. An appeal has been filed before the CIT(A) on Mar 28, 2025.
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 7 Nov 2024
    Hearings are on-going
    At the filing before: Assessment completed vide order dated Sep 18, 2024 passed u/s 143(3) upon receiving the directions of DRP for AY2021-22. Major disallowanes being transfer pricing adjustment. An appeal has been filed before the tribunal on Nov 07, 2024.MoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 24 Sep 2024
    Hearings are on-going
    At the filing before: Assessment completed vide order dated Jul 29, 2024 passed u/s 143(3) upon receiving the directions of DRP for AY2020-21. Major disallowanes being transfer pricing adjustment, denial of SEZ deduction and non consideration of DDT challan. An appeal has been filed before the tribunal on Sep 24, 2024.MoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 28 Mar 2023
    Hearings are on-going
    At the filing before: Assessment completed vide order dated Jan 30, 2023 passed u/s 143(3) upon receiving the directions of DRP for AY 2019-20. Major disallowanes being transfer pricing adjustment and denial of SEZ deduction. An appeal has been filed before the tribunal on Mar 28, 2023MoreLess
17 more
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 26 Sep 2022
    Hearings are on-going
    At the filing before: Assessment completed vide order dated Jul 28, 2022 passed u/s 143(3) upon receiving the directions of DRP for AY 2018-19. Major disallowanes being transfer pricing adjustment and denial of SEZ deduction. An appeal has been filed before the tribunal on Sep 26, 2022.MoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 26 Sep 2022
    Hearings are on-going
    At the filing before: Appeal filed before the tribunal on Sep 26, 2022 against the assessment completed vide order dated Jul 28, 2022 passed u/s 143(3) for AY 2017-18 upon receiving the directions of DRP. Major disallowances being the transfer pricing adjustment and denial of SEZ deduction.MoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 7 Jul 2021
    Hearings are on-going
    At the filing before: Appeal filed before the tribunal on Jul 07, 2021 against the assessment completed for AY 2016-17 vide order dated Mar 31, 2021 passed u/s 143(3) of the Act. Major disallowanes being transfer pricing adjustment and other matters.MoreLess
  • Tax disputeOnmobile Global LimitedSince 11 Jul 2023
    Regular hearings are yet to be taken up
    At the filing before: Appeal filed by the Department against the Tribunal's order in favour of the Company in the matter pertaining to granting deduction for FTC (which is not eligible for credit in India) for the AY 2014-15MoreLess
  • Tax disputeAssistant Commissioner of Income Tax - Tax Central Circle-1(2)Since 1 Mar 2017
    Regular hearings are yet to be taken up
    At the filing before: Appeal filed before the Commissioner (Appeals) against the scrutiny assessment completed for AY 2013-14. Major disallowances being the transfer pricing adjustment of 954.04 million INR and addition towards undisclosed TDS of 19.85 million INR.MoreLess
  • Tax disputeOnmobile Global LimitedSince 17 Jan 2023
    Hearings are on-going
    At the filing before: Appeal filed by the Department against the Tribunal's order in favour of the Company for AY 2011-12 in the matters pertaining to corporate tax viz., re-classification of assets for depreciation and disallowance of deduction u/s 10A.MoreLess
  • Tax disputeDeputy Commissioner of Income TaxSince 2 Jun 2020
    Hearings are on-going
    At the filing before: Application filed by the Company has been disposed off by the AAR rejecting company's claim and holding that the amount of market access fees paid to VIVO SA, Brazil is in the nature of royalties and is liable for tax in India. Writ petition against the order of AAR has been filed by the Company in the High Court of Karnataka on Jun 02, 2020. Writ has been admitted by the Court.MoreLess
  • Tax disputeCommissioner of Central excise and Central TaxSince 10 Oct 2025
    Regular hearings are yet to be taken up
    At the filing before: Appeal filed before High Court on Oct 10, 2025 against the order passed by the CESTAT holding that services provided by the company are in nature of OIDAR services and its taxable
  • Tax disputeCommissioner of Central TaxSince 17 May 2022
    Regular hearings are yet to be taken up
    At the filing before: Appeal filed before CESTAT on May 17 2022 against the OIO issued upon completion of audit, mainly comprising of two matters (i) reverse charge tax liability of Apr 12 to Sep 14 paid vide cenvat credit instead of cash and (ii) in-eligible cenvat credit claimed.MoreLess
  • Tax disputeCommissioner of Central TaxSince 23 Jun 2022
    Regular hearings are yet to be taken up
    At the filing before: Appeal filed before CESTAT on June 23 2022 against the OIO issued upon completion of audit alleging that there was a short payment of service tax and cess for the period April 2007 to March 2009.
  • Tax dispute1) State of Uttar Pradesh - through Secretary, Department of Commercial Tax, Government of U.P., Lucknow 2) Deputy Commissioner, Sales Tax, NoidaSince 25 Jul 2024
    Regular hearings are yet to be taken up
    At the filing before: Show-cause notice was received in relation to the erstwhile SEZ unit in Noida alleging a mismatch between the input tax credit claimed in the returns filed and credit available as per GST Portal and SEZ Units are not elegible take GST credit. Company preferred a Writ petition in High Court, High court stayed the orderMoreLess
  • Tax disputeDeputy Commissioner of Taxes, Circle -222 (Bangladesh)Since 29 May 2024
    Hon’ble High Court vide order dated August 12, 2026, delivered a favorable judgment, holding that the impugned notice dated May 13, 2024, was issued without lawful authority and had no legal effect. Accordingly, the Company has obtained favorable judicial relief in respect of the impugned notice.MoreLess
    At the filing before: Re-assessment proceedings u/s 213 of Income tax Act has been initiated by Tax department and further without giving any opportunity of being heared the department has passed an demand order. Company has filed writ petition in Bangladesh High court against re assessment proceedings. High court granted the stay for the notice.MoreLess
  • Tax disputeTanzania Revenue AuthoritySince 4 Sep 2025
    Hearing are on going
    At the filing before: During FY 2022–23, upon initiating the closure of Tanzania Branch and seeking a VAT refund, the Company was subjected to a TRA audit for 2019–2022, resulting in an initial demand of TZS 667.12 million. After objections and submissions, the demand was reduced to TZS 254.76 million by final determination dated Oct 25, 2024. Although the Company filed an appeal within time, the Tax Appeal Board dismissed it on technical grounds relating to limitation. Aggrieved, the Company has filed an appeal before the Tax Revenue Appeals Tribunal on September 04, 2025MoreLess
  • Tax disputeDirector General of Taxes, NigerSince 6 Jan 2022
    Regular hearings are yet to be taken up
    At the filing before: An appeal was filed against the order of Tax Committe confirming the tax demand of upon completion of tax audit. Matters involved pertain to disallowance of provision for expenses for corporate tax, VAT on unbilled revenue etcMoreLess
  • Tax disputeSao Paulo tax department (Brazil)Since 20 Dec 2021
    Re-examine of documents are underway
    At the filing before: Appeal filed by the Company against demand of 210,026 BRL levied upon rejecting the claim of setoff of excess payment of withholding taxes during the months of Mar and Apr 2013 towards payment of Cofins and CIT for Apr 2014. Administrative Court of Appeals has adjudicated the matter in favour of the company and remand back the matter to lower Administrative Court to re-examine the documents and allow the credit.MoreLess
  • Tax disputeNigeria tax authoritiesSince 16 Dec 2019
    Regular hearings are yet to be taken up
    At the filing before: Letter of objection filed with the IRS contesting the demand raised in the matter of withholding taxes on salaries paid. Main issue being the Department considering two directors of the company as expat employees and demanding withholding tax on their estimated remuneration.MoreLess
  • Tax disputeDeputy Commissioner of TaxesSince 21 Oct 2025
    An appeal has been filed before the Commissioner of Taxes (Appeals) on May 17, 2026 which is currently pending and yet to be listed for hearing
    At the filing before: The Tax Department, vide assessment order dated 21 October 2025, has raised an income tax demand of BDT 370,293, primarily due to the disallowance of certain operating expenses and by incorrectly treating the entire amount deducted under section 52AA as minimum tax under section 82C, without considering that, as per sub-section (2)(b) of section 82C of the Income Tax Ordinance, only the incomes listed under serial numbers 1, 2, and 14 of section 52AA are eligible for such treatment, whereas the company’s income does not fall under any of those categories.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
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.