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Pokarna MD, chairman, board of directors and AGM

NSE: POKARNABSE: 532486Consumer DurablesSmall Cap

Last close ₹660.45down ₹31.70 (4.58%)BSE ₹663.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹692.15.

52-week range of traded prices to 23 Oct 2026
₹650.20Low, 23 Oct 2026₹1,146.20High, 5 Feb 2026
Market cap
₹2,048 Cr1,018th largest listed
P/E
21.6
P/B
2.4
Dividend yield
0.09%
ROE
11.6%
ROCE
10.0%
Debt to equity
0.50
Volume, NSE
81,48548.4% delivered

Pokarna board of directors

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

  • Chairperson and managing directorGautam Chand Jain
  • Managing directorRahul Jain
  • Company Secretary and Compliance OfficerMs. Pratima Gulankar

8 directors4 independent3 executive1 non-executive

  • Gautam Chand Jain · Chairperson and managing directorExecutive · joined Oct 1991 · reappointed Jul 2021 · 1 listed board
  • Rahul Jain · Managing directorExecutive · joined Jul 2009 · reappointed May 2026 · 1 listed board · 2 committee seats
  • Prakash Chand JainNon-executive · joined Oct 1991 · reappointed Sep 2023 · 1 listed board
  • Apurva JainExecutive · joined Aug 2014 · reappointed May 2023 · 1 listed board
  • Prasanth NandigalaIndependent · joined Apr 2024 · 27 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Agnihotra Dakshina Murty ChavaliIndependent · joined Apr 2024 · 27 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Paulomi Romi DhawanIndependent · joined Apr 2024 · 27 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • Gautam Damodar SawangIndependent · joined Jul 2025 · 11 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
  • Jayshree Rajesh Sanghani, left 23 Dec 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 28 May 20268 of 8 present4 independent · 28 days in between
    • 29 Apr 20266 of 8 present4 independent · 83 days in between
    • 4 Feb 20267 of 8 present4 independent

  • Audit Committee

    Chair Agnihotra Dakshina Murty Chavali

    Prasanth Nandigala, Paulomi Romi Dhawan, Rahul Jain

    • 28 May 20264 of 4 present3 independent · 28 days in between
    • 29 Apr 20263 of 4 present3 independent · 83 days in between
    • 4 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Prasanth Nandigala

    Agnihotra Dakshina Murty Chavali, Prakash Chand Jain, Gautam Damodar Sawang

    • 28 May 20264 of 4 present3 independent · 28 days in between
    • 29 Apr 20263 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Prasanth Nandigala

    Agnihotra Dakshina Murty Chavali, Rahul Jain

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Agnihotra Dakshina Murty Chavali

    Prasanth Nandigala, Rahul Jain

    • 4 Feb 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Gautam Chand Jain

    Apurva Jain, Paulomi Romi Dhawan, Gautam Damodar Sawang

    • 28 May 20264 of 4 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.

  • S Daga & Co.Peer-review certificate valid to Apr 2029
1 earlier auditor
  • M/s S Daga & Co.Named in filings from Mar 2025 to Mar 2026

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.

Pokarna 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.Pokarna dividend history

Annual general meeting, 27 Jul 2026

23,909 shareholders on the register on 20 Jul 2026; present: 1 promoter and 59 others; votes counted by Mr. K.V Chalama Reddy / K V C Reddy & Associates.The company's voting result (opens in a new tab)

  1. (a) To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2026, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon; (b) the Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2026, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors’ Report thereon;MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.10% · promoters 100.00% · institutions 62.29% · other public 1.66%

  2. To declare Dividend on Equity Shares for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.10% · promoters 100.00% · institutions 62.29% · other public 1.66%

  3. To appoint a director in place of Mr. Prakash Chand Jain (DIN: 00084490), who retires by rotation and being eligible, offers himself for re-appointment:
    Ordinary
    96.51% for3.49% against

    Against: promoters 0.00% · institutions 17.61% · other public 0.01%

    Turnout: all 71.10% · promoters 100.00% · institutions 62.29% · other public 1.66%

  4. Re-Appointment of Mr. Gautam Chand Jain (DIN: 00004775), as the Chairman and Managing Director of the Company
    SpecialPromoters have an interest in it
    83.87% for16.13% against

    Against: promoters 0.00% · institutions 81.35% · other public 0.06%

    Turnout: all 71.10% · promoters 100.00% · institutions 62.29% · other public 1.66%

  5. Re-appointment of Mr. Rahul jain (DIN: 00576447) as a Managing Director of the Company
    SpecialPromoters have an interest in it
    95.95% for4.05% against

    Against: promoters 0.00% · institutions 20.40% · other public 0.06%

    Turnout: all 71.10% · promoters 100.00% · institutions 62.29% · other public 1.66%

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, 10 Sep 2025, 5 resolutions

24,483 shareholders on the register on 3 Sep 2025; present: 2 promoters and 57 others; votes counted by Mr. K.V Chalama Reddy / K V C Reddy & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon; (b) the Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors’ Report thereon;MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 71.51% · promoters 100.00% · institutions 71.02% · other public 0.05%

  2. To declare dividend on Equity Shares for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 71.51% · promoters 100.00% · institutions 71.02% · other public 0.05%

  3. To appoint a Director in place of Mrs. Apurva Jain (DIN: 06933924), who retires by rotation and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 71.51% · promoters 100.00% · institutions 71.02% · other public 0.05%

  4. Appointment of Mr. Gautam Damodar Sawang (DIN: 11219711) as an Independent Director of the Company as a Special resolution
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 71.51% · promoters 100.00% · institutions 71.02% · other public 0.05%

  5. To appoint the Secretarial Auditors of the Company.
    Ordinary
    84.32% for15.68% against

    Against: promoters 0.00% · institutions 75.55% · other public 5.32%

    Turnout: all 71.51% · promoters 100.00% · institutions 71.02% · other public 0.05%

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, 3 resolutions

Present: 4 promoters and 55 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2024, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon; (b) the Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2024, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors' Report thereon;MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 71.80% · promoters 100.00% · institutions 78.49% · other public 0.96%

  2. To declare dividend on Equity Shares for the Financial Year 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 71.80% · promoters 100.00% · institutions 78.49% · other public 0.96%

  3. To appoint a director in place of Mr. Rahul Jain (DIN: 00576447), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.61% · other public 0.02%

    Turnout: all 71.80% · promoters 100.00% · institutions 78.49% · other public 0.96%

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

Postal ballot, 23 Jun 2024, 3 resolutions

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

  1. Appointment of Mr. Prasanth Nandigala (DIN: 01740471) as an Independent Directornof the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 68.82% · promoters 100.00% · institutions 71.82% · other public 1.25%

  2. Appointment of Mr. Agnihotra Dakshina Murty Chavali (DIN: 00374673) as annIndependent Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 68.82% · promoters 100.00% · institutions 71.82% · other public 1.25%

  3. Appointment of Mrs. Paulomi Romi Dhawan (DIN:01574580) as an IndependentnDirector of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 68.82% · promoters 100.00% · institutions 71.82% · other public 1.25%

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

Postal ballot, 26 Mar 2024, 2 resolutions

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

  1. To approve the payment of remuneration to Managing Director Mr. Gautam Chand Jain, as approved by shareholders in meeting dated august 6,2021 by way of special resolution
    Special
    86.14% for13.86% against

    Against: promoters 0.00% · institutions 100.00% · other public 17.16%

    Turnout: all 66.68% · promoters 99.66% · institutions 68.24% · other public 3.91%

  2. To approve the payment of remuneration to Managing Director Mr. Rahul jain, as approved by shareholders in meeting dated august 6,2021 by way of special resolution
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 66.68% · promoters 99.66% · institutions 68.24% · other public 3.91%

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

Annual general meeting, 18 Sep 2023, 4 resolutions

Present: 7 promoters and 48 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and ConsolidatednFinancial Statements of the Company consisting of the Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss, Cash Flow Statement and statement of changes in equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.41% · promoters 99.66% · institutions 75.65% · other public 6.50%

  2. To declare dividend on equity shares for the financial year 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.41% · promoters 99.66% · institutions 75.65% · other public 6.50%

  3. To appoint a director in place of Mr. Prakash Chand Jain, (DIN:n00084490) who retires by rotation and being eligible, offer himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.59% · other public 0.03%

    Turnout: all 68.41% · promoters 99.66% · institutions 75.65% · other public 6.50%

  4. To consider and approve the Re-appointment of Ms. Apurva Jainn(DIN: 06933924) as Executive Director
    SpecialPromoters have an interest in it
    85.12% for14.88% against

    Against: promoters 0.00% · institutions 100.00% · other public 9.91%

    Turnout: all 68.41% · promoters 99.66% · institutions 75.65% · other public 6.50%

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, 7 Sep 2022, 4 resolutions

Present: 6 promoters and 44 others.The company's voting result (opens in a new tab)

  1. ORDINARY - To receive, consider and adopt:n na) The Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2022, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon and nnb) The Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2022, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors’ Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.22% · promoters 99.29% · institutions 86.69% · other public 1.10%

  2. To declare dividend on equity shares for the financial year 2021-22.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.22% · promoters 99.29% · institutions 86.69% · other public 1.10%

  3. To appoint a director in place of Mrs. Apurva Jain, who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.21% · other public 0.00%

    Turnout: all 67.22% · promoters 99.29% · institutions 86.69% · other public 1.10%

  4. To appoint statutory auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.22% · promoters 99.29% · institutions 86.69% · other public 1.10%

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

Annual general meeting, 6 Aug 2021, 7 resolutions

Present: 7 promoters and 46 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Standalone and Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2021, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.10% · promoters 100.00% · institutions 84.10% · other public 0.43%

  2. To declare dividend on equity shares for the financial year 2020-21.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.10% · promoters 100.00% · institutions 84.10% · other public 0.43%

  3. To appoint a director in place of Mr. Rahul Jain (DIN 00576447), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    91.15% for8.85% against

    Against: promoters 0.00% · institutions 88.88% · other public 0.42%

    Turnout: all 63.10% · promoters 100.00% · institutions 84.10% · other public 0.42%

  4. Re-Appointment of Mr. Gautam Chand Jain as the Chairman and Managing Director
    SpecialPromoters have an interest in it
    92.90% for7.10% against

    Against: promoters 0.00% · institutions 79.33% · other public 0.00%

    Turnout: all 62.40% · promoters 100.00% · institutions 74.75% · other public 0.42%

  5. Re-Appointment of Mr. Rahul Jain as the Managing Director
    SpecialPromoters have an interest in it
    91.05% for8.95% against

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

    Turnout: all 62.40% · promoters 100.00% · institutions 74.75% · other public 0.42%

  6. Appointment of Dr. Jayshree Rajesh Sanghani as an Independent director
    Special
    100.00% for0.00% against

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

    Turnout: all 62.40% · promoters 100.00% · institutions 74.75% · other public 0.42%

  7. Approval for payment of commission to Non-Executive Directors for a period of five years commencing from 01 April 2021
    Special
    100.00% for0.00% against

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

    Turnout: all 62.40% · promoters 100.00% · institutions 74.75% · other public 0.42%

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

How mutual funds voted

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

Mutual fund votes, meeting of 10 Sep 2025, 3 fund houses

  • To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon; (b) the Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2025, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors’ Report thereon;MoreLess
    3 for0 against
  • To declare dividend on Equity Shares for the Financial Year 2024-25.
    3 for0 against
  • To appoint a Director in place of Mrs. Apurva Jain (DIN: 06933924), who retires by rotation and being eligible, offers herself for re-appointment
    3 for0 against
  • Appointment of Mr. Gautam Damodar Sawang (DIN: 11219711) as an Independent Director of the Company as a Special resolution
    3 for0 against
  • To appoint the Secretarial Auditors of the Company.
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Kotak Mahindra Mutual FundThe Company has failed to provide details about the proposed remuneration, which is a regulatory requirement. We do not support the resolution.
    • Motilal Oswal Mutual FundNo issues on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR, 2015: Proposed audit fee payable to Secretarial Auditors not disclosed in the Notice.
    • Nippon India Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR, 2015: Proposed audit fee payable to Secretarial Auditors not disclosed in the Notice.
    0 for3 against

Mutual fund votes, meeting of 30 Sep 2024, 2 fund houses

  • To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2024, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon; (b) the Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2024, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors' Report thereon;MoreLess
    2 for0 against
  • To declare dividend on Equity Shares for the Financial Year 2023-24
    2 for0 against
  • To appoint a director in place of Mr. Rahul Jain (DIN: 00576447), who retires by rotation and being eligible, offers himself for re-appointment
    2 for0 against
5 earlier meetings

Mutual fund votes, meeting of 23 Jun 2024, 2 fund houses

  • Appointment of Mr. Prasanth Nandigala (DIN: 01740471) as an Independent Directornof the Company
    2 for0 against
  • Appointment of Mr. Agnihotra Dakshina Murty Chavali (DIN: 00374673) as annIndependent Director of the Company.
    2 for0 against
  • Appointment of Mrs. Paulomi Romi Dhawan (DIN:01574580) as an IndependentnDirector of the Company.
    2 for0 against

Mutual fund votes, meeting of 26 Mar 2024, 2 fund houses

  • Approval for the Payment of Minimum Remuneration to Mr. Gautam Chand Jain (DIN: 00004775), Chairman and Managing Director of the Company in case of absence or inadequacy of profits in any of the financial years during his tenure as Chairman and Managing Director from July 1,2024 till the expiry of his present term i.e. up to June 30,2026.MoreLess
    Against Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Kotak Mahindra Mutual FundGautam Chand Jain s remuneration for FY25 is estimated at Rs. 62.3 mn which is high for the size and scale of business. In FY23 he drew remuneration of Rs 50.2 mn from PESL, a wholly owned subsidiary, and voluntarily did not draw any remuneration from Pokarna Limited. The remuneration structure does not cap the commission payable. Since the remuneration terms are the same as approved in the 2021 AGM, the resolution allows the lifting of regulatory thresholds, allowing the remuneration to reach 10% of profits, which is high. Going forward, it is unclear if he will draw remuneration from both the subsidiary as well as the parent company, given that he is the Managing Director of both the subsidiary as well as the holding company. We do not support the resolution given the lack of clarity regarding the remuneration to be paid to him.
    • Nippon India Mutual FundNo absolute cap on variable pay
    0 for2 against
  • Approval for the Payment of Minimum Remuneration to Mr. Rahul Jain (DIN: 00576447), Managing Director of the Company in case of absence or inadequacy of profits in any of the financial years during his tenure as Managing Director from May 02,2024 till the expiry of his present term i.e. up to May 01, 2026.MoreLess
    2 for0 against

Mutual fund votes, meeting of 18 Sep 2023, 3 fund houses

  • To receive, consider and adopt the Audited Standalone and ConsolidatednFinancial Statements of the Company consisting of the Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss, Cash Flow Statement and statement of changes in equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereonMoreLess
    3 for0 against
  • To declare dividend on equity shares for the financial year 2022-23
    3 for0 against
  • To appoint a director in place of Mr. Prakash Chand Jain, (DIN:n00084490) who retires by rotation and being eligible, offer himself for re-appointment
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Appointee being member of NRC, a committee in charge of board remuneration policy that appears to be skewed in favour of male promoter ED resulting in gender bias.
    2 for1 against
  • To consider and approve the Re-appointment of Ms. Apurva Jainn(DIN: 06933924) as Executive Director
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Kotak Mahindra Mutual FundMs. Apurva Jain (Promoter), 38, is currently the Executive Director at Pokarna Ltd. She has over a decade of industry expertise operations, marketing, strategy and other commercial functions. She inter alia leads the apparel business of the company. Her re-appointment is compliant by the law but since there is no cap placed on variable component of proposed remuneration, it raises a governance concern. Further with regards to her experience, the remuneration paid is on a higher band. Hence voting against.
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: No cap placed on variable component of proposed remuneration.
    • Nippon India Mutual FundNo absolute cap on variable pay
    0 for3 against

Mutual fund votes, meeting of 7 Sep 2022, 2 fund houses

  • ORDINARY - To receive, consider and adopt:n na) The Audited Standalone Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2022, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereon and nnb) The Audited Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2022, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the Auditors’ Report thereon.MoreLess
    2 for0 against
  • To declare dividend on equity shares for the financial year 2021-22.
    2 for0 against
  • To appoint a director in place of Mrs. Apurva Jain, who retires by rotation and being eligible, offers herself for re-appointment.
    2 for0 against
  • To appoint statutory auditor of the Company.
    2 for0 against

Mutual fund votes, meeting of 6 Aug 2021, 2 fund houses

  • To receive, consider and adopt Audited Standalone and Consolidated Financial Statements of the Company consisting of the Balance Sheet as at 31st March, 2021, the Statement of Profit and Loss, Cash Flow Statement and Statement of Changes in Equity for the year ended on that date and the Explanatory Notes annexed to, and forming part of, any of the said documents together with the reports of the Board of Directors and the Auditors report thereonMoreLess
    2 for0 against
  • To declare dividend on equity shares for the financial year 2020-21.
    2 for0 against
  • To appoint a director in place of Mr. Rahul Jain (DIN 00576447), who retires by rotation and being eligible, offers himself for re-appointment
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow attendance
    1 for1 against
  • Re-Appointment of Mr. Gautam Chand Jain as the Chairman and Managing Director
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundNo absolute cap on remuneration
    0 for1 against

    1 abstained

  • Re-Appointment of Mr. Rahul Jain as the Managing Director
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow attendance
    0 for1 against

    1 abstained

  • Appointment of Dr. Jayshree Rajesh Sanghani as an Independent director
    1 for0 against

    1 abstained

  • Approval for payment of commission to Non-Executive Directors for a period of five years commencing from 01 April 2021
    1 for0 against

    1 abstained

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeAssessment Unit, Income Tax DepartmentSince 25 Feb 2026
    Based on the advice of tax advisors, the Company believes that the aforementioned demand is not maintainable and has filed an appeal against the said Order. Accordingly, there is no immediate impact on the financials, operations, or other activities of the Company on account of the aforesaid order.MoreLess
    At the filing before: The Company has received an Assessment Order issued under Section 143(3) read with Section 144B of the Income-tax Act, 1961, in relation to the income tax return filed for Assessment Year 2024–25. The Assessing Officer has proposed certain additions to the returned income, resulting in a total tax demand of Rs. 1.28 crore, including interest.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
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.