RSWM CEO, MD, chairman, board of directors and AGM
NSE: RSWMBSE: 500350Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹181.40.
- Next results date: the board meets on 2 Nov 2026 to consider: financial results.
- 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.
- ₹834 Cr1,651st 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 5 Aug 2026
- 13.2
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹11 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 11.3
- 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 6 May 2026
- 0.6
- 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 5 Aug 2026
- 4.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹11 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 5.6%
- 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 5 Aug 2026
- 4.8%
- 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 6 May 2026
- 1.22
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 51,05455.9% delivered
RSWM 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 director and CEORiju JhunjhunwalaRelated to the promoter
- Managing directorRajeev Gupta
- Company Secretary and Compliance OfficerSURENDER GUPTA
10 directors5 independent2 executive3 non-executive
- Riju Jhunjhunwala · Chairperson and managing director and CEOExecutive · joined Oct 2003 · reappointed May 2026 · 3 listed boards · 2 committee seats, 1 as chair
- Ravi JhunjhunwalaNon-executive · joined May 1979 · reappointed May 1979 · 4 listed boards · 2 committee seats, 1 as chair
- Shekhar AgarwalNon-executive · joined Feb 1984 · reappointed Sep 2009 · 5 listed boards · 4 committee seats
- Rajeev Gupta · Managing directorExecutive · joined Feb 2025 · reappointed Feb 2025 · 1 listed board
- Arun ChuriwalNon-executive · joined Oct 2003 · reappointed Apr 2016 · 2 listed boards · 2 committee seats
- Archana CapoorIndependent · joined Feb 2018 · reappointed Feb 2023 · 101 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 3 as chair
- Surya Kant GuptaIndependent · joined Aug 2023 · reappointed Aug 2023 · 35 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Suman Jyoti KhaitanIndependent · joined Aug 2024 · reappointed Aug 2024 · 23 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 3 as chair
- Sunil Dharamvir DhawanIndependent · joined Oct 2024 · reappointed Oct 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Thomas VargheseIndependent · joined Feb 2025 · reappointed Feb 2025 · 17 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.
2 directors who left
- Deepak Jain, left 10 May 2026: Tenure Completion
- Brij Mohan Sharma, left 19 Mar 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 6 May 202610 of 11 present5 independent · 26 days in between
- 9 Apr 20269 of 11 present5 independent · 56 days in between
- 11 Feb 202611 of 12 present5 independent
Audit Committee
Chair Archana Capoor
Suman Jyoti Khaitan, Thomas Varghese
- 6 May 20263 of 3 present3 independent · 83 days in between
- 11 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Surya Kant Gupta
Shekhar Agarwal, Archana Capoor
- 6 May 20263 of 3 present2 independent · 83 days in between
- 11 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Suman Jyoti Khaitan
Shekhar Agarwal, Arun Churiwal, Sunil Dharamvir Dhawan
- 6 May 20264 of 4 present2 independent · 83 days in between
- 11 Feb 20264 of 4 present2 independent
Risk Management Committee
Chair Riju Jhunjhunwala
Surya Kant Gupta, Thomas Varghese
- 6 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Arun Churiwal
Rajeev Gupta, Sunil Dharamvir Dhawan
- 6 May 20263 of 3 present1 independent · 83 days in between
- 11 Feb 20263 of 3 present1 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.
- Lodha & Co LLPPeer-review certificate valid to Mar 2027
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.
RSWM 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.RSWM dividend history
Annual general meeting, 26 Aug 2026
26,179 shareholders on the register on 19 Aug 2026; present: 8 promoters and 71 others; votes counted by MAHESH KUMAR GUPTA / Mahesh Gupta & Co..The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended 31st March, 2026 and the Report of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 57.65% · promoters 99.99% · institutions 46.02% · other public 3.42%
- To appoint a Director in place of Shri Ravi Jhunjhunwala (DIN: 00060972), 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 0.00% · other public 0.06%
Turnout: all 54.74% · promoters 94.62% · institutions 53.06% · other public 3.42%
- To appoint a Director in place of Shri Arun Kumar Churiwal (DIN: 00001718), who retires by rotation and being eligible, offers himself for re-appointment.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 57.72% · promoters 99.99% · institutions 53.06% · other public 3.42%
- Approval for formulation, adoption and implementation of RSWM Limited Employee Stock Option Plan 2026 and grant of employee stock options to the eligible employees of the company under this plan.Special99.00% for1.00% against
Against: promoters 0.00% · institutions 99.69% · other public 1.71%
Turnout: all 57.72% · promoters 99.99% · institutions 53.06% · other public 3.42%
- Approval of RSWM Limited Employee Stock Option Plan 2026 and grant of stock options to the eligible employees of the company’s subsidiaries under this plan.Special99.00% for1.00% against
Against: promoters 0.00% · institutions 99.69% · other public 1.71%
Turnout: all 57.72% · promoters 99.99% · institutions 53.06% · other public 3.42%
- To Ratify the remuneration payable to M/s. N. D. Birla & Co., Cost Accountants (Firm Registration No. 000028) as Cost Auditors of the Company for the financial year ending 31st March, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 57.72% · promoters 99.99% · institutions 53.06% · other public 3.42%
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.
Extraordinary general meeting, 8 May 2026, 1 resolution
27,828 shareholders on the register on 1 May 2026; present: 5 promoters and 54 others; votes counted by Mahesh Kumar Gupta / Mahesh Gupta & Co..The company's voting result (opens in a new tab)
- ISSUE OF WARRANTS, CONVERTIBLE INTO EQUITY SHARES TO PERSON(S) BELONGING TO PROMOTER/ PROMOTER GROUP CATEGORY ON PREFERENTIAL BASISSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 56.41% · promoters 97.67% · institutions 35.51% · other public 3.16%
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.
Postal ballot, 26 Mar 2026, 2 resolutions
28,399 shareholders on the register on 20 Feb 2026; votes counted by Mahesh Kumar Gupta / Mahesh Gupta & Co..The company's voting result (opens in a new tab)
- RE-APPOINTMENT OF SHRI RIJU JHUNJHUNWALA (DIN: 00061060) AS MANAGING DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it98.40% for1.60% against
Against: promoters 0.00% · institutions 77.42% · other public 13.08%
Turnout: all 55.12% · promoters 94.62% · institutions 47.32% · other public 3.63%
- REVISION IN THE REMUNERATION PAYABLE TO SHRI RAJEEV GUPTA (DIN:02049516), JOINT MANAGING DIRECTOR OF THE COMPANYSpecial99.64% for0.36% against
Against: promoters 0.00% · institutions 0.00% · other public 13.51%
Turnout: all 58.11% · promoters 99.99% · institutions 47.32% · other public 3.63%
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, 5 Sep 2025, 5 resolutions
30,017 shareholders on the register on 29 Aug 2025; present: 8 promoters and 69 others; votes counted by MAHESH KUMAR GUPTA / MAHESH GUPTA & CO..The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended 31st March, 2025 and the Report of Directors and Auditors thereon.the Report of Directors and Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.64%
Turnout: all 57.69% · promoters 99.99% · institutions 48.77% · other public 3.23%
- To appoint a Director in place of Shri Riju Jhunjhunwala (DIN: 00061060), who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.11%
Turnout: all 54.76% · promoters 94.60% · institutions 54.68% · other public 3.23%
- To appoint a Director in place of Shri Shekhar Agarwal (DIN: 00066113), who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.11%
Turnout: all 54.76% · promoters 94.60% · institutions 54.68% · other public 3.23%
- To ratify the remuneration payable to M/s. N. D. Birla & Co., Cost Accountants (Firm Registration No. 000028) as Cost Auditors of the Company for the financial year ending 31st March, 2026.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.11%
Turnout: all 57.76% · promoters 99.99% · institutions 54.68% · other public 3.23%
- To approve the appointment of M/s. Mahesh Gupta & Co., Company Secretaries as Secretarial Auditors of the Company.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.11%
Turnout: all 57.76% · promoters 99.99% · institutions 54.68% · other public 3.23%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Mar 2025, 3 resolutions
31,278 shareholders on the register on 14 Feb 2025; votes counted by MAHESH KUMAR GUPTA / MAHESH GUPTA & COMPANY.The company's voting result (opens in a new tab)
- Appointment of Shri Thomas Varghese (DIN: 02263496) as an Independent Director of the Company.Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 1.14%
Turnout: all 57.99% · promoters 100.00% · institutions 42.91% · other public 3.07%
- Appointment of Shri Rajeev Gupta (DIN: 02049516) as Director of the Company.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.72%
Turnout: all 57.99% · promoters 100.00% · institutions 42.91% · other public 3.07%
- Appointment of Shri Rajeev Gupta (DIN: 02049516) as Joint Managing Director of the Company.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 2.36%
Turnout: all 57.99% · promoters 100.00% · institutions 42.91% · other public 3.07%
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, 21 Dec 2024, 5 resolutions
The company's voting result (opens in a new tab)
- Appointment of Shri Sunil Dharamvir Dhawan (DIN: 02618343) as an Independent Director of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.82%
Turnout: all 58.22% · promoters 100.00% · institutions 33.87% · other public 4.07%
- Approval for the Continuation of Directorship of Shri Arun Kumar Churiwal (DIN: 00001718).Special99.25% for0.75% against
Against: promoters 0.00% · institutions 0.00% · other public 25.72%
Turnout: all 58.21% · promoters 99.99% · institutions 33.87% · other public 4.07%
- Increase in the Borrowing Power Limit of the Board of Directors.Special99.24% for0.76% against
Against: promoters 0.00% · institutions 0.00% · other public 25.87%
Turnout: all 58.22% · promoters 100.00% · institutions 33.87% · other public 4.07%
- Approval for an Amendment in the Articles of Association of the Company.Special99.24% for0.76% against
Against: promoters 0.00% · institutions 0.00% · other public 25.88%
Turnout: all 58.22% · promoters 100.00% · institutions 33.87% · other public 4.07%
- Approval for the creation of Mortgage/Charge on the Company’s Assets.Special99.24% for0.76% against
Against: promoters 0.00% · institutions 0.00% · other public 25.92%
Turnout: all 58.22% · promoters 100.00% · institutions 33.87% · other public 4.07%
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, 13 Sep 2024, 6 resolutions
Present: 15 promoters and 75 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended 31st March, 2024 and the Report of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 57.83% · promoters 99.96% · institutions 44.79% · other public 3.18%
- To appoint a Director in place of Shri Ravi Jhunjhunwala (DIN: 00060972), who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it98.39% for1.61% against
Against: promoters 0.00% · institutions 100.00% · other public 0.35%
Turnout: all 54.92% · promoters 94.60% · institutions 48.90% · other public 3.18%
- To appoint a Director in place of Shri Brij Mohan Sharma (DIN: 08195895), who retires by rotation and being eligible, offers himself for reappointment.Ordinary98.48% for1.52% against
Against: promoters 0.00% · institutions 100.00% · other public 0.32%
Turnout: all 57.90% · promoters 99.96% · institutions 48.90% · other public 3.18%
- Appointment of Shri Suman Jyoti Khaitan (DIN: 00023370), as an Independent Director of the Company for first term of five consecutive years upto 8th August, 2029.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 57.90% · promoters 99.96% · institutions 48.90% · other public 3.18%
- Re-appointment of Shri Brij Mohan Sharma (DIN:08195895) as Joint Managing Director of the Company for a period of two years w.e.f. 7th August, 2024.Special98.48% for1.52% against
Against: promoters 0.00% · institutions 100.00% · other public 0.32%
Turnout: all 57.90% · promoters 99.96% · institutions 48.90% · other public 3.18%
- Ratification of the remuneration payable to M/s. N. D. Birla & Co., Cost Accountants (Firm Registration No. 000028) as Cost Auditor of the Company for the financial year ending 31st March, 2025.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 57.90% · promoters 99.96% · institutions 48.90% · other public 3.18%
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.
Annual general meeting, 15 Sep 2023, 8 resolutions
Present: 16 promoters and 87 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended the 31st March, 2023 and the Report of Directors and Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.73%
Turnout: all 58.33% · promoters 99.99% · institutions 31.45% · other public 4.29%
- To declare a dividend of ₹ 5/- (50%) per equity share of the face value of ₹ 10/- each of the Company for the financial year ended March 31, 2023.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 58.41% · promoters 99.99% · institutions 34.13% · other public 4.29%
- To appoint a Director in place of Shri Shekhar Agarwal (DIN:00066113), who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it97.64% for2.36% against
Against: promoters 0.00% · institutions 100.00% · other public 24.61%
Turnout: all 58.39% · promoters 99.96% · institutions 34.13% · other public 4.29%
- To appoint a Director in place of Shri Arun Churiwal (DIN:00001718), who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it97.67% for2.33% against
Against: promoters 0.00% · institutions 98.00% · other public 24.72%
Turnout: all 58.41% · promoters 99.99% · institutions 34.13% · other public 4.29%
- Appointment of Shri Surya Kant Gupta (DIN: 00323759), as an Independent Director of the Company for first term of five consecutive years upto 9th August, 2028.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 58.41% · promoters 99.99% · institutions 34.13% · other public 4.29%
- Fixation of remuneration of Shri Riju Jhunjhunwala (DIN: 00061060) Managing Director of the Company with effect from 1st May, 2023 for his remaining tenure upto 30th April, 2026.SpecialPromoters have an interest in it98.28% for1.72% against
Against: promoters 0.00% · institutions 100.00% · other public 0.78%
Turnout: all 55.42% · promoters 94.62% · institutions 34.13% · other public 4.29%
- Revision in remuneration of Shri Brij Mohan Sharma (DIN:08195895) Joint Managing Director of the Company with effect from 1st April, 2023 for his remaining tenure upto 6th August, 2024.Special98.38% for1.62% against
Against: promoters 0.00% · institutions 100.00% · other public 0.48%
Turnout: all 58.41% · promoters 99.99% · institutions 34.13% · other public 4.29%
- Ratification of the remuneration payable to M/s. N. D. Birla & Co., Cost Accountants (Firm Registration No. 000028) as Cost Auditor of the Company for the financial year ending 31st March, 2024.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.80%
Turnout: all 58.41% · promoters 99.99% · institutions 34.13% · other public 4.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeAjmer Vidyut Vitaran Nigam Limited, AjmerSince 24 Aug 2016Status quo
At the filing before: Matter related to levy of Additional Surcharges on purchase of IEX power in bills amounting to Rs.2025.00 Lakhs.The Company had objected the same and filed an appeal through RTMA before APTEL, Delhi for refund. Last hearing was held on 03-03-2022MoreLess
- Tax disputeAjmer Vidyut Vitaran Nigam Limited, AjmerSince 1 Dec 2016Status quo
At the filing before: Matter Related to levy of Cross Subsidy Surcharges on purchase of IEX power in bills amounting to Rs.2491.93 Lakhs.The Company had objected the same and filed an appeal through RTMA before APTEL, Delhi for refund. Last hearing was on 23-04-2024.MoreLess
- Tax disputeAjmer Vidyut Vitaran Nigam Limited, AjmerSince 17 Dec 2021Status quo
At the filing before: Matter relalted to levy of water cess , urban cess , electricity duty,additional surcharge and cross subsidy surcharge against wind power purchased from LNJPVL considering sale to RSWM Limited as third party as per RERC order from October 2021 onwards amounting to Rs.1535.95 Lakhs.The Company had filed an appeal, stay granted and matter is pending with High Court of Rajathan, Jodhpur. Last hearing was on 24-12-2022.MoreLess
- Tax disputeAjmer Vidyut Vitaran Nigam Limited, AjmerSince 1 Apr 2020
The company on 13th April 2026 has received an order of Hon’ble High Court of Judicature for Rajasthan at Jodhpur disposing of Company’s appeal in the matter of levy of electricity duty on solar power captive consumption amounting to Rs. 11.50 crores and LPS. The Company has filed SLP before Hon'ble Supreme on 26-06-2026.MoreLess
At the filing before: Matter related to levy of water cess has charged electricity duty on Solar Power Captive consumption (Amount involved Rs.1150 Lakhs) including upto previous year of Rs.989.23 Lakhs . - Tax disputeState of Rajasthan, Director Gen, State DRI and Collector (Stamps) BhilwaraSince 12 Dec 2017Status quo
At the filing before: Matter related to additional stamp duty on execution of supplemental consortuim working capital agreements and joint deeds of hypothecation with Consortium Banks amounting to Rs.1580.87 Lakhs. The Company had filed a case which is pending with High Court of Rajathan, Jodhpur.Last hearing was on 03-01-2025MoreLess
- Tax disputeAsst Commissioner-CGST Bhilwara (In the matter of DGGI, Bangalore)Since 21 Jun 2023Hearing Completed on 09-03-2026 and order is awaited. Status quo
At the filing before: Matter related to reverseal of ITC of Rs.669.13 Lakhs and paid penalty of Rs.100.37 Lakhs (Total 769.50 Lakhs) under section 74(5) on purchases of PET bottles from specific suppliers. We have filed refund claim before Asst Commissioner-CGST Bhilwara on 30-09-2024 but same was rejected. The Company had filed an Appeal before Joint Commissioner (A), Jodhpur against the order.MoreLess
- Tax disputeDepartment of Income Tax, New DelhiSince 19 Jun 2020Hearing was fixed on 15-10-2025, but bench could not taken place and next date of hearing is awaited Status Quo
At the filing before: Matter related to disallowances of deduction U/s 80 IA of Income Tax Act in respect of rate difference on sale of captive power and disallowances of exempt dividend Income U/s14 A for the assessment year 2016-2017 (Amount Involved Rs.813.65 Lakhs). The Company had filed the case and the same is pending with CIT (A), Delhi.MoreLess
- Tax disputeDepartment of Income Tax, New DelhiSince 19 Jun 2020Hearing was fixed on 15-10-2025, but bench could not taken place and next date of hearing is awaited Status Quo
At the filing before: Matter related to disallowances of deduction U/s 80 IA of Income Tax Act in respect of rate difference on sale of captive power and disallowances of exempt dividend Income U/s14 A or the assessment year 2017-2018 amounting to Rs.1267.94 Lakhs. The case filed by the company is pending with CIT (A), Delhi.MoreLess
2 more
- Tax disputeDepartment of Income Tax, New DelhiSince 30 Nov 2021Hearing was fixed on 15-10-2025, but bench could not taken place and next date of hearing is awaited
At the filing before: Matter pertains to disallowances of deduction U/s 80 IA of Income Tax Act in respect of rate difference on sale of captive power for the assessment year 2018-19 (Amount Involved Rs.762.72 Lakhs) The case filed by the company is pending with CIT (A), Delhi.MoreLess
- Tax disputeDepartment of Income Tax, New DelhiSince 31 Mar 2016Hearing completed and Case has been reffered to ITAT, Bangalore. Hearing awaited. Status Quo
At the filing before: Matter pertains to disallowance of Trade Creditors due to non available of balance confirmation letters from CTL for the assessment year 2013-14 (Amount Involved Rs.685.66 Lakhs). Appeal is pending with ITAT, Delhi.Last hearing was on 26-11-2025MoreLess
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
- 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.
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 |
|---|---|---|---|---|---|
| Preferential IssuesJun 2026 | 9.02 | To infuse funds in wholly owned subsidiary company M/s LNJ Greenpet Private Limited towards financial by way of equity/debt for implementation of ongoing Bottle to Bottle Project | 27.06 | 0.00 | No |
| Preferential IssuesJun 2026 | 9.02 | General Corporate Purpose | 9.00 | 0.00 | No |