Optiemus Infracom MD, chairman, board of directors and AGM
NSE: OPTIEMUSBSE: 530135Telecom - Equipment & AccessoriesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹724.95.
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹6,075 Cr903rd 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 4 Aug 2026
- 83.6
- 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 30 May 2026
- 7.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 4 Aug 2026
- 10.1%
- 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 4 Aug 2026
- 6.7%
- 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 30 May 2026
- 0.37
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,71,93141.1% delivered
Optiemus Infracom 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
- ChairpersonAshok Gupta
- Company Secretary and Compliance OfficerVikas Chandra
6 directors4 independent1 executive1 non-executive
- Ashok Gupta · ChairpersonExecutive · joined Jan 2009 · reappointed Apr 2026 · 1 listed board · 1 committee seat
- Neetesh GuptaNon-executive · joined Oct 2018 · 2 listed boards · 2 committee seats
- Ritu GoyalIndependent · joined Apr 2021 · reappointed Apr 2026 · 66 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair
- Gauri ShankarIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 3 as chair
- Rakesh Kumar SrivastavaIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Vishal RajpalIndependent · joined Oct 2025 · reappointed Oct 2025 · 11 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Naresh Kumar Jain, left 27 Oct 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 Sep 20266 of 6 present4 independent · 25 days in between
- 27 Aug 20265 of 6 present4 independent · 22 days in between
- 4 Aug 20266 of 6 present4 independent · 65 days in between
- 30 May 20265 of 6 present4 independent · 15 days in between
1 earlier meeting
- 14 May 20265 of 6 present4 independent
Audit Committee
Chair Gauri Shankar
Rakesh Kumar Srivastava, Ritu Goyal, Vishal Rajpal
- 4 Aug 20264 of 4 present4 independent · 34 days in between
- 30 Jun 20264 of 4 present4 independent · 30 days in between
- 30 May 20264 of 4 present4 independent · 15 days in between
- 14 May 20264 of 4 present4 independent
Nomination and remuneration committee
Chair Ritu Goyal
Gauri Shankar, Vishal Rajpal
- 27 Aug 20263 of 3 present3 independent · 88 days in between
- 30 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Ritu Goyal
Ashok Gupta, Neetesh Gupta
- 29 Sep 20263 of 3 present1 independent
- 27 Aug 20263 of 3 present1 independent · 15 days in between
- 11 Aug 20263 of 3 present1 independent · 13 days in between
- 28 Jul 20263 of 3 present1 independent · 19 days in between
3 earlier meetings
- 8 Jul 20263 of 3 present1 independent · 17 days in between
- 20 Jun 20263 of 3 present1 independent · 45 days in between
- 5 May 20263 of 3 present1 independent
Risk Management Committee
Chair Ashok Gupta
Neetesh Gupta, Gauri Shankar, Vishal Rajpal
- 4 Aug 20264 of 4 present2 independent · 65 days in between
- 30 May 20263 of 4 present2 independent · 380 days in between
Corporate Social Responsibility Committee
Chair Vishal Rajpal
Rakesh Kumar Srivastava, Neetesh Gupta
- 14 May 20252 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Mukesh Raj & Co.Peer-review certificate valid to Mar 2027
1 earlier auditor
- Mukesh Raj and Co.Named in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Optiemus Infracom 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.Optiemus Infracom dividend history
Annual general meeting, 28 Sep 2026
34,906 shareholders on the register on 21 Sep 2026; present: 7 promoters and 59 others; votes counted by Sumit Kumar / S.K. BATRA & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.56% · promoters 100.00% · institutions 40.12% · other public 12.55%
To appoint a Director in place of Mr. Neetesh Gupta (DIN: 00030782), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for reappointment.MoreLess
OrdinaryPromoters have an interest in it97.43% for2.58% againstAgainst: promoters 0.00% · institutions 76.21% · other public 0.03%
Turnout: all 76.56% · promoters 100.00% · institutions 40.12% · other public 12.55%
- To re-appoint Mr. Gauri Shankar (DIN: 06764026) as an Independent Director of the Company for a second term of five consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.56% · promoters 100.00% · institutions 40.12% · other public 12.55%
- To re-appoint Mr. Rakesh Kumar Srivastava (DIN: 08896124) as an Independent Director of the Company for a second term of five consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.56% · promoters 100.00% · institutions 40.12% · other public 12.55%
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, 18 Dec 2025, 1 resolution
39,543 shareholders on the register on 14 Nov 2025; votes counted by Sumit Kumar / S.K. BATRA & ASSOCIATES.The company's voting result (opens in a new tab)
- ALTERATION IN OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 77.50% · promoters 100.00% · institutions 49.08% · other public 12.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2025, 7 resolutions
41,648 shareholders on the register on 23 Sep 2025; present: 7 promoters and 65 others; votes counted by Sumit Kumar / S.K. BATRA & ASSOCIATES.The company's voting result (opens in a new tab)
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 and the Reports of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
- To appoint a Director in place of Mr. Ashok Gupta (DIN: 00277434), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.02% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
- To re-appoint Mr. Ashok Gupta (DIN: 00277434), as a Whole-time Director, designated as an Executive ChairmanSpecialPromoters have an interest in it99.54% for0.46% against
Against: promoters 0.00% · institutions 16.83% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
- To re-appoint Ms. Ritu Goyal (DIN: 05180676) as an Independent Director of the Company for a second term of five consecutive yearsSpecial99.20% for0.80% against
Against: promoters 0.00% · institutions 29.72% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
- To appoint Mr. Vishal Rajpal (DIN: 00864403) as an Independent Director of the Company for a term of three consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
- To consider and approve the appointment of M/s. S.K. Batra & Associates, Practicing Company Secretaries, as the Secretarial Auditors of the Company for a term of five consecutive yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
To consider and approve the modification in the deployment of funds amounting to Rs. 29,636.81 Lakhs, raised through preferential issue of equity shares and fully convertible warrants of the Company, for the objects as stated in the notice of Extra-Ordinary General Meeting (“EGM”) dated December 12, 2024, read with the corrigendum dated December 26, 2024MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 77.79% · promoters 100.00% · institutions 52.93% · other public 12.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 4 Jan 2025, 3 resolutions
38,082 shareholders on the register on 28 Dec 2024; present: 52 promoters and 6 others; votes counted by Sumit Kumar / S.K. BATRA & ASSOCIATES.The company's voting result (opens in a new tab)
- Issuance of up to 21,85,884 Equity shares to the persons belonging to the ‘Non-Promoter’ Category on Preferential BasisSpecial99.90% for0.10% against
Against: promoters 0.00% · institutions 17.70% · other public 0.25%
Turnout: all 79.08% · promoters 100.00% · institutions 54.78% · other public 15.55%
- Issuance of up to 42,76,106 Fully Convertible Warrants to the persons belonging to the ‘Promoter & Promoter Group’ and ‘Non-Promoter’ Category on Preferential BasisSpecial99.90% for0.10% against
Against: promoters 0.00% · institutions 17.70% · other public 0.25%
Turnout: all 79.08% · promoters 100.00% · institutions 54.78% · other public 15.55%
- Approval for entering into material related party transactions with Bharat Innovative Glass Technologies Private Limited, Subsidiary CompanyOrdinaryPromoters have an interest in it90.78% for9.22% against
Against: promoters 0.00% · institutions 97.15% · other public 0.02%
Turnout: all 4.19% · promoters 0.00% · institutions 54.78% · other public 15.55%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 2 resolutions
Present: 6 promoters and 60 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2024 and the Reports of Board of Directors and Auditors thereonOrdinary99.93% for0.07% against
Against: promoters 0.00% · institutions 62.94% · other public 0.02%
Turnout: all 79.31% · promoters 100.00% · institutions 9.55% · other public 17.87%
- To appoint a director in place of Mr. Neetesh Gupta (DIN: 00030782) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 37.06% · other public 0.02%
Turnout: all 79.31% · promoters 100.00% · institutions 9.55% · other public 17.87%
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, 28 Mar 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Gauri Shankar (DIN: 06764026) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 80.16% · promoters 100.00% · institutions 63.62% · other public 20.89%
- Appointment of Mr. Rakesh Kumar Srivastava (DIN: 08896124) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 80.16% · promoters 100.00% · institutions 63.62% · other public 20.89%
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, 22 Sep 2023, 2 resolutions
Present: 6 promoters and 48 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2023 and the Reports of Board of Directors and Auditors thereonOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 81.18% · promoters 100.00% · institutions 95.65% · other public 24.98%
- To appoint a director in place of Mr. Ashok Gupta (DIN: 00277434) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 74.48% · promoters 91.05% · institutions 95.65% · other public 24.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2022, 7 resolutions
Present: 6 promoters and 52 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2022 and the Reports of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.49% · promoters 100.00% · institutions 0.00% · other public 30.16%
- To appoint a director in place of Mr. Neetesh Gupta (DIN: 00030782) who retires by rotation and being eligible, offers himself for re-appoitmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.41% · promoters 91.89% · institutions 0.00% · other public 30.16%
- Re-appointment of M/s. Mukesh Raj & Co., Chartered Accountants (Firm Registration No. 016693N) as Statutory Auditors of the Company for a second term of five consecutive yearsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 82.49% · promoters 100.00% · institutions 0.00% · other public 30.16%
- Re-appointment of Mr. Ashok Gupta (DIN: 00277434), as a Whole-Time Director, designated as Executive Chairman of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.78% · promoters 91.05% · institutions 0.00% · other public 30.16%
- Alteration of Object Clause of Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 82.49% · promoters 100.00% · institutions 0.00% · other public 30.16%
Approval for amendment in Optiemus Employee Stock Option Scheme – 2016 for inclusion of grant of stock options to the employees of Group Company including Associate Company, in India or outside India, of the CompanyMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 82.49% · promoters 100.00% · institutions 0.00% · other public 30.16%
- Approval for increase in exercise period under Optiemus Employee Stock Option Scheme –n2016Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 82.49% · promoters 100.00% · institutions 0.00% · other public 30.16%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 28 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of Board of Directors and Auditors thereon.MoreLess
2 for0 againstTo appoint a Director in place of Mr. Neetesh Gupta (DIN: 00030782), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for reappointment.MoreLess
Against Angel One Mutual Fund, HSBC Mutual Fund
- Angel One Mutual FundGovernance Concern: Low attendance at Board meetings during FY 2025-26 as well as during last 3 FYs and no justification has been provided for such leave of absence.
- HSBC Mutual FundA vote AGAINST the following nominees is warranted because: • Neetesh Gupta has failed to attend at least 75 percent of board and committee meetings in the most recent fiscal year, without a satisfactory explanation.
0 for2 against- To re-appoint Mr. Gauri Shankar (DIN: 06764026) as an Independent Director of the Company for a second term of five consecutive years2 for0 against
- To re-appoint Mr. Rakesh Kumar Srivastava (DIN: 08896124) as an Independent Director of the Company for a second term of five consecutive years2 for0 against
Mutual fund votes, meeting of 18 Dec 2025, 6 fund houses
- ALTERATION IN OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANY6 for0 against
5 earlier meetings
Mutual fund votes, meeting of 30 Sep 2025, 6 fund houses
To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 and the Reports of Board of Directors and Auditors thereon.MoreLess
6 for0 against- To appoint a Director in place of Mr. Ashok Gupta (DIN: 00277434), who retires by rotation, and being eligible, offers himself for re-appointment.
Against Angel One Mutual Fund, Groww Mutual Fund
- Angel One Mutual FundGovernance concern: Proposed appointee is holding a combined position of Executive Chairman, which may lead to concentration of power in the hands of single individual.
- Groww Mutual FundCompliant with law. Governance concern: Proposed appointee is holding a combined position of Executive Chairman, which may lead to concentration of power in the hands of single individual.
4 for2 against - To re-appoint Mr. Ashok Gupta (DIN: 00277434), as a Whole-time Director, designated as an Executive Chairman
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund
- Angel One Mutual FundGovernance concern: Proposed appointee is holding a combined position of Executive Chairman, which may lead to concentration of power in the hands of single individual.
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Governance concern: Proposed appointee is holding a combined position of Executive Chairman, which may lead to concentration of power in the hands of single individual.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for4 against - To re-appoint Ms. Ritu Goyal (DIN: 05180676) as an Independent Director of the Company for a second term of five consecutive years
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund
- Angel One Mutual FundGovernance concern: The proposed term will lead to prolonged association beyond 10 years with the group.
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Governance concern: The proposed term will lead to prolonged association beyond 10 years with the group.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for4 against - To appoint Mr. Vishal Rajpal (DIN: 00864403) as an Independent Director of the Company for a term of three consecutive years6 for0 against
- To consider and approve the appointment of M/s. S.K. Batra & Associates, Practicing Company Secretaries, as the Secretarial Auditors of the Company for a term of five consecutive years6 for0 against
To consider and approve the modification in the deployment of funds amounting to Rs. 29,636.81 Lakhs, raised through preferential issue of equity shares and fully convertible warrants of the Company, for the objects as stated in the notice of Extra-Ordinary General Meeting (“EGM”) dated December 12, 2024, read with the corrigendum dated December 26, 2024MoreLess
6 for0 against
Mutual fund votes, meeting of 4 Jan 2025, 6 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Issuance of up to 21,85,884 Equity shares to the persons belonging to the ‘Non-Promoter’ Category on Preferential Basis1 for0 against
- Issuance of up to 42,76,106 Fully Convertible Warrants to the persons belonging to the ‘Promoter & Promoter Group’ and ‘Non-Promoter’ Category on Preferential Basis1 for0 against
- Approval for entering into material related party transactions with Bharat Innovative Glass Technologies Private Limited, Subsidiary Company
Against Bandhan Mutual Fund, Groww Mutual Fund, HSBC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency concern: Inadequate disclosures w.r.t. proposed transaction.
- HSBC Mutual FundA vote AGAINST this resolution is warranted as the company may be taking a disproportionate amount of risk relative to its ownership stake without compelling justification.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
1 for5 against
2 proposals not matched to one resolution
To create, issue, offer and allot, on a preferential basis 21,85,884 Equity shares of face value of Rs. 10/- each (Equity Shares) for cash, at an issue price of Rs. 672.25/- per equity share (including premium of Rs. 662.25/- per equity share), determined in accordance with the provisions of Chapter V of SEBI ICDR Regulations, for an aggregate amount of up to Rs. 146,94,60,519 /-MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Cumulative dilution appears to be excessive
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
1 for4 againstTo create, issue, offer and allot, on a preferential basis 42,76,106 Fully Convertible Warrants (Warrants) at an issue price of Rs. 672.25/- per warrant, determined in accordance with the provisions of Chapter V of SEBI ICDR Regulations, to be convertible at an option of Warrant holder(s) in one or more tranches, within 18 (Eighteen) months from its allotment date into an equivalent number of fully paid-up equity shares of the face value of Rs.10/- each, for cash, for an aggregate amount of up to Rs. 287,46,12,258.50/- and to issue Fresh Equity shares on the conversion of Warrants as may be finalized by the Board of Directors persons belonging to the Promoter and Promoter Group and Non-Promoter category (Proposed Allottees).MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual FundCompliant with Law. Governance Concern: Price of Warrants almost at par with equity shares; Cumulative dilution appears to be excessive. Large number of allottees on preferential basis.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
- Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Price of Warrants almost at par with equity shares; Cumulative dilution appears to be excessive. Large number of allottees on preferential basis. Compliant with law. Governance & Transparency concern: Inadequate disclosures w.r.t. proposed transaction.
1 for4 against
Mutual fund votes, meeting of 30 Sep 2024, 3 fund houses
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2024 and the Reports of Board of Directors and Auditors thereon
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified financial statements. Non-Compliant with S.136(1) of the Companies Act & Regulation 46(2)(s) of SEBI LODR: Nondisclosure of the audited financial statements of 1 Subsidiary on the website of the Company.
0 for3 against - To appoint a director in place of Mr. Neetesh Gupta (DIN: 00030782) who retires by rotation and being eligible, offers himself for re-appointment3 for0 against
Mutual fund votes, meeting of 28 Mar 2024, 2 fund houses
- Appointment of Mr. Gauri Shankar (DIN: 06764026) as an Independent Director of the Company2 for0 against
- Appointment of Mr. Rakesh Kumar Srivastava (DIN: 08896124) as an Independent Director of the Company2 for0 against
Mutual fund votes, meeting of 22 Sep 2023, 1 fund house
- Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2023 and the Reports of Board of Directors and Auditors thereon1 for0 against
- To appoint a director in place of Mr. Ashok Gupta (DIN: 00277434) who retires by rotation and being eligible, offers himself for re-appointment1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyNational Stock Exchange of India LimitedSince 14 Aug 2026
Imposition of Fine
Two Days' Delay filing of Shareholding Pattern for the Quarter ended under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 at NSE Portal
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
- 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
- No
- The filing has a part on fines and penalties
- Yes
- 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.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesJan 2026, checked by ICRA LIMITED | 15.34 | To subscribe to the Equity Shares of Optiemus Electronics Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements | 38.70 | 38.70 | No | Audit committee: The Audit Committee noted that there was no deviation/ variation. |
| Preferential IssuesJan 2026, checked by ICRA LIMITED | 15.34 | To subscribe to the Equity Shares of GDN Enterprises Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements | 51.86 | 51.86 | No | Audit committee: The Audit Committee noted that there was no deviation/ variation. |
| Preferential IssuesJan 2026, checked by ICRA LIMITED | 15.34 | To subscribe to the Equity Shares of Optiemus Unmanned Systems Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements | 8.00 | 2.40 | No | Audit committee: The Audit Committee noted that there was no deviation/ variation. |
| Preferential IssuesJan 2026, checked by ICRA LIMITED | 15.34 | To subscribe to the Equity Shares of Bharat Innovative Glass Technologies Private Limited, as its proportionate contribution in Joint Venture cum Subsidiary Company i.e. 70% of its paidup equity-share capital | 58.01 | 58.01 | No | Audit committee: The Audit Committee noted that there was no deviation/ variation. |
| Preferential IssuesJan 2026, checked by ICRA LIMITED | 15.34 | To meet working capital requirements of the Company | 65.70 | 39.16 | No | Audit committee: The Audit Committee noted that there was no deviation/ variation. |
| Preferential IssuesJan 2026, checked by ICRA LIMITED | 15.34 | For General Corporate Purposes | 74.09 | 26.72 | No | Audit committee: The Audit Committee noted that there was no deviation/ variation. |