Rashi Peripherals logo

Rashi Peripherals CEO, MD, chairman, board of directors and AGM

NSE: RPTECHBSE: 544119IT - HardwareSmall Cap

Last close ₹811.90down ₹9.45 (1.15%)BSE ₹811.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹821.35.

52-week range of traded prices to 23 Oct 2026
₹316.30Low, 8 Dec 2025₹1,004.70High, 30 Sep 2026
Market cap
₹5,391 Cr984th largest listed
P/E
16.9
P/B
2.7
Dividend yield
0.25%
ROE
16.9%
ROCE
16.3%
Debt to equity
0.47
Volume, NSE
4,31,91240.7% delivered

Rashi Peripherals 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

  • ChairpersonKrishna Kumar ChoudharyRelated to the promoter
  • Managing directorKapal Suresh Pansari
  • Chief executiveRajesh Jagdish Goenka
  • Company Secretary and Compliance OfficerArvind Bajoria

10 directors5 independent5 executive

  • Krishna Kumar Choudhary · ChairpersonExecutive · joined Feb 1997 · reappointed Oct 2025 · 1 listed board · 1 committee seat
  • Sureshkumar PansariExecutive · joined Dec 1989 · reappointed Oct 2025 · 1 listed board · 2 committee seats
  • Kapal Suresh Pansari · Managing directorExecutive · joined Jul 2007 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • Keshav Krishnakumar ChoudharyExecutive · joined May 2022 · reappointed Jul 2022 · 1 listed board · 1 committee seat
  • Drushti DesaiIndependent · joined Jul 2022 · 47 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 6 as chair
  • Yazdi Piroj DandiwalaIndependent · joined Jul 2022 · 47 months as independent · 3 listed boards · 3 as independent · 4 committee seats
  • Anandkumar Radhakrishna LadsariyaIndependent · joined Jan 2023 · 41 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Anil KhandelwalIndependent · joined May 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Indumati GopinathanIndependent · joined Feb 2026 · 4 months as independent · 2 listed boards · 2 as independent
  • Rajesh Jagdish Goenka · Chief executiveExecutive · joined Feb 2026 · 1 listed board

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

Committees and meetings

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

  • Board

    • 23 Jun 202610 of 10 present5 independent · 39 days in between
    • 14 May 202610 of 10 present5 independent · 27 days in between
    • 16 Apr 202610 of 10 present5 independent · 71 days in between
    • 3 Feb 20268 of 8 present4 independent

  • Audit Committee

    Chair Drushti Desai

    Anandkumar Radhakrishna Ladsariya, Sureshkumar Pansari

    • 23 Jun 20263 of 3 present2 independent · 39 days in between
    • 14 May 20263 of 3 present2 independent · 27 days in between
    • 16 Apr 20263 of 3 present2 independent · 71 days in between
    • 3 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Anandkumar Radhakrishna Ladsariya

    Yazdi Piroj Dandiwala, Drushti Desai, Anil Khandelwal, Krishna Kumar Choudhary

    • 23 Jun 20265 of 5 present4 independent · 39 days in between
    • 14 May 20265 of 5 present4 independent · 99 days in between
    • 3 Feb 20265 of 5 present4 independent

  • Stakeholders Relationship Committee

    Chair Anil Khandelwal

    Krishna Kumar Choudhary, Sureshkumar Pansari, Kapal Suresh Pansari, Keshav Krishnakumar Choudhary

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Yazdi Piroj Dandiwala

    Krishna Kumar Choudhary, Sureshkumar Pansari, Rajesh Jagdish Goenka, Himanshu Kumar Shah

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Sureshkumar Pansari

    Krishna Kumar Choudhary, Kapal Suresh Pansari, Keshav Krishnakumar Choudhary, Anil Khandelwal

    No meeting listed in the filing.

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 auditors

Named in the results for the quarter to Mar 2026.

  • M/s. Pipara & Co. LLP, Chartered AccountantsPeer-review certificate valid to May 2027
  • Deloitte Haskins & Sells LLP, Chartered AccountantsPeer-review certificate valid to Jul 2027
2 earlier auditors
  • M/s. Pipara and Co. LLP, Chartered AccountantsNamed in the filing for the quarter to Mar 2025
  • M/s. Deloitte Haskins and Sells LLP, Chartered AccountantsNamed 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.

Rashi Peripherals 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.Rashi Peripherals dividend history

Annual general meeting, 9 Sep 2026

61,266 shareholders on the register on 2 Sep 2026; present: 9 promoters and 120 others; votes counted by Ms. Alifya Sapatwala / M/s. Mehta and Mehta, Practicing Company Secretaries.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

  2. Declaration of Final Dividend for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

  3. Re-appointment of Director Retiring by Rotation.
    OrdinaryPromoters have an interest in it
    98.22% for1.78% against

    Against: promoters 0.00% · institutions 12.82% · other public 0.00%

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

  4. Re-appointment of Ms. Deloitte Haskins and Sells LLP, Chartered Accountants (FRN: 117366W or W100018) as Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

  5. Revision in terms of remuneration of Mr. Kapal Suresh Pansari (DIN: 00215510), Managing Director of the Company.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

  6. Approval for enhancement in Borrowing limits of the Company under Section 180(1)(c) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

  7. Authorisation to Board of Directors under Section 180(1)(a) of the Companies Act, 2013 for creation of charge on the assets of the Company, both present and future, in respect of borrowings.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.62%

    Turnout: all 71.64% · promoters 96.42% · institutions 66.30% · other public 2.18%

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, 24 Apr 2026, 2 resolutions

44,627 shareholders on the register on 20 Mar 2026; votes counted by Ragini Chokshi / Ragini Chokshi & Co..The company's voting result (opens in a new tab)

  1. Appointment of Mr. Rajesh Goenka (DIN: 10985108) as a Whole-Time Director and Chief Executive Officer (CEO) of the Company and payment of remuneration.
    Special
    86.99% for13.01% against

    Against: promoters 0.00% · institutions 99.99% · other public 0.38%

    Turnout: all 69.36% · promoters 93.99% · institutions 46.23% · other public 1.10%

  2. Appointment of Dr. Indumati Gopinathan (DIN: 06779331) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 69.36% · promoters 93.99% · institutions 46.23% · 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.

Postal ballot, 27 Dec 2025, 2 resolutions

48,484 shareholders on the register on 21 Nov 2025; votes counted by Mrs. Ragini Chokshi / M/s. Ragini Chokshi & Co..The company's voting result (opens in a new tab)

  1. Approval for enhancement of borrowing limits of the Board of Directors of the Company, under Section 180(1)(c) of the Companies Act, 2013.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 84.75% · promoters 91.39% · institutions 95.30% · other public 48.91%

  2. Authorisation to Board of Directors under Section 180(1)(a) of the Companies Act, 2013 for creation of charge on the assets of the Company, both present and future, in respect of borrowings.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 84.75% · promoters 91.39% · institutions 95.30% · other public 48.91%

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, 9 Sep 2025, 7 resolutions

52,375 shareholders on the register on 2 Sep 2025; present: 15 promoters and 34 others; votes counted by Ms. Anuja Parikh / Parikh & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Financial Statements
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

  2. Declaration of Dividend for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

  3. Appoint a Director in place of Mr. Keshav Krishna Kumar Choudhary (DIN: 08761927), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.58% for0.42% against

    Against: promoters 0.00% · institutions 2.77% · other public 0.22%

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

  4. Re-appointment of Mr. Krishna Kumar Choudhary (DIN: 00215919) as the Chairman & Whole-Time Director (WTD) of the Company and payment of remuneration
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

  5. Re-appointment of Mr. Sureshkumar Pansari (DIN: 00215712) as the Vice Chairman & Whole-Time Director (WTD) of the Company and payment of remuneration
    Special
    99.58% for0.42% against

    Against: promoters 0.00% · institutions 2.77% · other public 0.12%

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

  6. Approval for the continuation of Directorship of Mr. Yazdi Dandiwala (DIN: 01055000) as Non-Executive Independent Director of the Company beyond the attainment of age of Seventy-Five (75) in his current tenureMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

  7. Appointment of Secretarial Auditor for a term of 5 years and fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 75.48% · promoters 100.00% · institutions 59.53% · other public 2.35%

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, 14 Feb 2025, 1 resolution

52,596 shareholders on the register on 10 Jan 2025; votes counted by Ms. Anuja Parikh / Parikh & Associates.The company's voting result (opens in a new tab)

  1. RATIFICATION OF THE PRE-IPO ESOP SCHEME ‘RASHI PERIPHERALS EMPLOYEES STOCK OPTION SCHEME, 2022’ (“ESOP SCHEME 2022 / ESOP SCHEME”)
    Special
    92.01% for7.99% against

    Against: promoters 0.00% · institutions 70.90% · other public 0.42%

    Turnout: all 71.56% · promoters 100.00% · institutions 45.40% · other public 0.50%

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, 17 Sep 2024, 5 resolutions

Present: 13 promoters and 55 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Financial Statements.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 69.90% · promoters 100.00% · institutions 40.08% · other public 0.33%

  2. Declaration of Dividend for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 69.90% · promoters 100.00% · institutions 40.08% · other public 0.33%

  3. Re-appointment of Director Retiring by Rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.65%

    Turnout: all 69.90% · promoters 100.00% · institutions 40.08% · other public 0.33%

  4. Modification of the Rashi Peripherals Employees Stock Option Scheme, 2022 (ESOP Scheme 2022/ ESOP Scheme ).
    Special
    94.05% for5.95% against

    Against: promoters 0.00% · institutions 64.71% · other public 2.79%

    Turnout: all 69.90% · promoters 100.00% · institutions 40.08% · other public 0.33%

  5. Approval for the payment of remuneration to Executive Directors under Regulation 17(6)(e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
    Special
    94.05% for5.95% against

    Against: promoters 0.00% · institutions 64.71% · other public 2.29%

    Turnout: all 69.90% · promoters 100.00% · institutions 40.08% · other public 0.33%

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, 3 Aug 2024, 1 resolution

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

  1. Appointment of Dr. Anil Khandelwal (Din: 00005619), as an Independent Director of the Company for a term of 5 (Five) years
    Special
    93.33% for6.67% against

    Against: promoters 0.00% · institutions 55.02% · other public 0.31%

    Turnout: all 72.74% · promoters 100.00% · institutions 50.20% · other public 2.72%

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 24 Apr 2026, 2 fund houses

  • Appointment of Mr. Rajesh Goenka (DIN: 10985108) as a Whole-Time Director and Chief Executive Officer (CEO) of the Company and payment of remuneration.
    Against Bandhan Mutual Fund, ICICI Prudential Mutual Fund
    • Bandhan Mutual FundCompliant with law. No concern on merit of the appointee. Transparency concern: The Company has not disclosed the number of options proposed to be granted, nor has it prescribed an upper limit on the potential ESOP grants that may be made to Mr. Rajesh Goenka in the future. In the absence of such disclosure, shareholders are unable to meaningfully assess the potential economic benefit that may accrue to him pursuant to the future ESOP grant
    • ICICI Prudential Mutual FundUnable to ascertain the total remuneration since ESOPs have not been disclosed (number of options & grant price). The overall remuneration cap is high vs peers. Hence, the AMC had voted against the resolution.
    0 for2 against
  • Appointment of Dr. Indumati Gopinathan (DIN: 06779331) as an Independent Director of the Company
    2 for0 against

Mutual fund votes, meeting of 27 Dec 2025, 2 fund houses

  • To borrow such moneys or sums of money, subject to the prevailing laws, rules, regulations and guidelines to the extent they are applicable, in any manner, from time to time, with or without security as the Board may think fit, notwithstanding that money to be borrowed together with moneys already borrowed by the Company (apart from temporary loans obtained from the Company's bankers in the ordinary course of business) may exceed the limit specified under Section 180(1)(c) of the Act, viz., the aggregate of the Company's paid-up share capital, free reserves and securities premium, provided that the total amount so borrowed and outstanding shall not exceed Rs. 3500 Crore, at any time.MoreLess
    2 for0 against
  • To hypothecate/mortgage/pledge and/or create charge on all or any immovable or movable properties of the Company alongwith inventories and debtors, both present and future or the whole or substantially the whole of the undertaking(s) of the Company in favour of the Banks/Financial Institutions/ Companies for securing any loans of the Company or obtaining any other facility, together with interest, costs, charges, expenses and any other monies payable by the Company within the overall borrowing powers delegated to the Board of Directors from time to time pursuant to section 180(1)(c) of the Companies Act, 2013.MoreLess
    2 for0 against
4 earlier meetings

Mutual fund votes, meeting of 9 Sep 2025, 2 fund houses

  • Adoption of Standalone and Consolidated Financial Statements
    2 for0 against
  • Declaration of Dividend for the financial year ended March 31, 2025
    2 for0 against
  • Appoint a Director in place of Mr. Keshav Krishna Kumar Choudhary (DIN: 08761927), who retires by rotation and being eligible, offers himself for re-appointment
    2 for0 against
  • Re-appointment of Mr. Krishna Kumar Choudhary (DIN: 00215919) as the Chairman & Whole-Time Director (WTD) of the Company and payment of remuneration
    2 for0 against
  • Re-appointment of Mr. Sureshkumar Pansari (DIN: 00215712) as the Vice Chairman & Whole-Time Director (WTD) of the Company and payment of remuneration
    2 for0 against
  • Approval for the continuation of Directorship of Mr. Yazdi Dandiwala (DIN: 01055000) as Non-Executive Independent Director of the Company beyond the attainment of age of Seventy-Five (75) in his current tenureMoreLess
    2 for0 against
  • Appointment of Secretarial Auditor for a term of 5 years and fix their remuneration
    2 for0 against

Mutual fund votes, meeting of 14 Feb 2025, 2 fund houses

  • RATIFICATION OF THE PRE-IPO ESOP SCHEME ‘RASHI PERIPHERALS EMPLOYEES STOCK OPTION SCHEME, 2022’ (“ESOP SCHEME 2022 / ESOP SCHEME”)
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Inadequate disclosures regarding the Exercise Price/Pricing Formula &Exercise period. Transparency and Disclosure Concern: No clarity on Maximum options to single employee and no clarity on implications of proposed modifications in the scheme. Governance Concern: No absolute disclosures on total number of options under the scheme.
    1 for1 against

Mutual fund votes, meeting of 17 Sep 2024, 3 fund houses

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

  • Adoption of Standalone and Consolidated Financial Statements.
    3 for0 against
  • Declaration of Dividend for the financial year ended March 31, 2024.
    3 for0 against
  • Re-appointment of Director Retiring by Rotation.
    3 for0 against
  • Modification of the Rashi Peripherals Employees Stock Option Scheme, 2022 (ESOP Scheme 2022/ ESOP Scheme ).
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations, 2021: Exercise price not disclosed adequately. Transparency and Disclosure Concern: No clarity on Maximum options to single employee and no clarity on implications of proposed modifications in the scheme. Governance Concern: No absolute disclosures on total number of options under the scheme.
    2 for1 against
1 proposal not matched to one resolution
  • Payment of remuneration, to Mr. Krishna Kumar Choudhary (DIN: 00215919), Mr. Sureshkumar Pansari (DIN: 00215712) and Mr. Keshav Krishna Kumar Choudhary (DIN: 08761927), Whole - time Directors, and Mr. Kapal Suresh Pansari (DIN: 00215510), Managing Director, of the Company.MoreLess
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with law. Governance Concern: Remuneration practice of the Company is skewed in favour of one promoter family.
    2 for1 against

Mutual fund votes, meeting of 3 Aug 2024, 3 fund houses

  • Appointment of Dr. Anil Khandelwal (Din: 00005619), as an Independent Director of the Company for a term of 5 (Five) years
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundNo concern on merit of appointee. Non-compliance with SEBI LODR: Prior approval of shareholders not sought for appointment after attaining the age of 75 years.
    2 for1 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 Jun 2026.

  • Fine or penaltyOffice of Assistant Commissioner State Tax, DehradunSince 23 Jun 2026

    Notice for MOV-1

  • Fine or penaltyOffice of State Tax, JammuSince 31 May 2026

    Notice for MOV-1

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
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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Public IssuesFeb 2024, checked by CARE Ratings Limited600.00Prepayment or scheduled repayment of all or a portion of certain outstandingborrowings availed by our Company32.6032.60No
Public IssuesFeb 2024, checked by CARE Ratings Limited600.00Funding working capital requirements ofour Company22.0022.00No
Public IssuesFeb 2024, checked by CARE Ratings Limited600.00General corporate purposes0.810.81No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.